Blockchain technology can change the world, and not just via crypto
Blockchain offers great efficiency — and this is the main reason it will be increasingly prevalent over the next decade. Over the last three or four years, blockchain adoption has expanded tremendously, and each industry is exploring different use cases for the technology. There are multiple aspects of blockchain — from business to technical and more — but with the way the industry is exploding, it’s really hard to get it right.It’s best to divide the blockchain topic into two main buckets in order to understand the development of the ecosystem and the key benefits and innovations it....
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The Swiss company TRES Group GmbH is launching an exciting and innovative program aiming at adding a solution to the Climate Change challenge. For several months, the FOSTER project has been under development, which aims to mass plant trees around the world for the benefit of increasing carbon dioxide absorption using blockchain technology. Climate the Change is an existential threat requiring participation by all to find and implement solutions to stay below 1.5 degree centigrade global warming. Nature Based Solutions are one form of alleviating CO2 emissions. Forestation and....
Wanxiang Blockchain Lab will lead the development and research of blockchain technology. The China Ledger Alliance will focus on creating new blockchain-based applications. Blockchain technology is being used for quite a few different things around the world today. China, while best-known for their Bitcoin trading volatility, is looking at the technology as well. To be more precise, the Chinese government wants to use the blockchain for social security. An interesting train of thought, and another validation for distributed technology. Governments around the world have come to the....
The applications of blockchain technology are virtually unlimited and it can't be realized until people see the bigger picture. Is there anything that blockchain technology can’t do? The question is hard to answer as long as we don’t change the way we perceive the distributed ledger technology. The blockchain technology is still in its nascent stages, but we fail to look at it with a fresh pair of eyes, says George Benner — Head of Digital Strategy at Droga5 Advertising Network. In an article on one of the websites, George points out that by the overt commercialization of Blockchain....
Change is the only constant in the world of business. However, one topic that continues to dominate the headlines is blockchain. Blockchain technology has been praised for its ability to streamline operations and reduce costs while also providing transparency and security within a business environment. One often overlooked aspect of this groundbreaking technology is how it can help shape the future of our planet as well. In fact, there are many ways in which blockchain technology can be used to solve environmental issues on a global scale. How Blockchain Can Help Save The Environment The....
With all the investment and experimentation financial institutions are devoting to blockchain technology, research organizations are getting a better idea of what the future financial services infrastructure will look like. Deloitte Consulting LLP and the World Economic Forum have taken a pragmatic approach to determining how blockchain, or distributed ledger technology (DLT) will help financial firms. A recent collaborative study [PDF], “The future of financial infrastructure; An ambitious look at how blockchain can reshape financial services,” explores how DLT can change processes like....