Bitcoin enables financial freedom and provides access to everybody that also has access to the internet. It represents the perfect global blockchain use case. No intermediaries, just payees and receivers. However, we have a long way to go before we start to use blockchain in all of the right places (and in the right ways). For…
Distributed ledgers, i.e. blockchain applications and cryptocurrencies are completely separate things, but that doesn't reflect the U.S. budget and intentions. Trump has once again completely ignored the need for the U.S. to begin integrating blockchain technology in the governmental structures of the country. A recent Forbes article reveals how close the U.S. President Trump is to minds…
If you are a long-term cryptocurrency user, chances are that you are aware of the previous Visa-based digital currency cards that allowed holders to spend their crypto at POS card terminals, or to easily withdraw cash at any ATM. After a few years of activity, Visa decided to cancel all crypto-based cards. Now, recent reports indicate…
Back in October, Chinese President Xin Jinping promoted the use of blockchain technology by and for the Chinese economy and provided the public with unadulterated access to the nation's BSN network. However, he could not predict what would ensue in the following months. Following the outbreak of the Coronavirus in Wuhan, the chances for a successful…
Attempts have been made for decades to use technology to improve voting processes. Unfortunately, many of these moves have failed to achieve their goals. The Democratic caucus fiasco, which has occurred due to a faulty app, is the latest example. Blockchain technology may now hold the key to much more secure, and representative elections. A…
The U.S. Federal Maritime Commission is making a decision on the official approval of the TradeLens platform, as stipulated by an agreement made between IBM and Maersk and the participating parties i.e. cargo transport companies. Starting on January 11th, 2020, the Agreement is passed into the public domain and comments are accepted until the 23rd of…
Gemini, the exchange founded by Tyler and Cameron Winklevoss, continues to make inroads toward its goal of becoming a mainstream, respected financial institution. It has recently announced that it has passed a high level security audit conducted by Deloitte, which marks a significant milestone in the crypto space. Whereas Gemini’s accomplishments are impressive, they highlight…
The food and transport industries are embracing blockchain technology to realize a more transparent and efficient future. At the same time, very little is done in one industry where blockchain can provide a significant amount of value to consumers. Big-name fashion, clothing, and shoe brands are the ones that stand the most to benefit, while at…