HomeTagdecentralization Archives - CryptoTechNews

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The Port Authority of the Bay of Algeciras (APBA), a major Spanish shipping port, recently signed up to use the Tradelens, the shipping platform developed by IBM. Tradelens was developed in conjunction with Maersk, the international logistics giant. Shipping and logistics are considered low hanging fruits when it comes to early adoption of blockchain-based features into daily operations. Retail giants such as Walmart and Carrefour have ramped up their supply chain management using blockchain, and...

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Litecoin (LTC) is embarking on new developments and partnerships, including the appointment of four new advisors at the helm of the Litecoin Foundation, to drive awareness and education on the value of the cryptocurrency. “As we push for mainstream adoption, it makes sense to partner with a festival that is comprised of people who bring new ideas and visions to the world through the content they create, and one we can grow with through the...

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One of the fascinating aspects of technology is its dynamic nature. This aspect has ensured that once mainstreamed, businesses have the option to embrace it or be edged out. Despite its numerous advantages and applications, mainstreaming of blockchain has had its fair share of challenges, more so in 2018 when the valuation of most cryptocurrencies fell substantially. However, a tech review published by the Massachusetts Institute of Technology (MIT) predicts a positive outlook for blockchain....

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We have previously delved into the story and evolution of ledgers, and how it has shaped blockchain technology. Now we want to delve into cryptoeconomics and how the new technology can change and improve services. Institutional economics understands the economy is made of rules. Rules (like laws, languages, property rights, regulations, social norms, and ideologies) allow dispersed and opportunistic people to coordinate their activity together. Rules facilitate exchange — economic exchange but also social and political exchange...

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What is missing in the crypto market for institutional participation to increase? To Prash Puspanathan, founder and CEO at Caleb and Brown, the two primary barriers that impede greater institutional investment are a lack of regulatory oversight and trust. Although institutional interest in cryptocurrency trading has grown, the development of the custody space, in particular, is crucial for its next phase of evolution. Dr. Prash, CEO Caleb and Brown contributed to “Custody Seen as Crypto’s...

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Mattereum’s new summary white paper describes how the Smart Property Register will transform the way we interact with material assets via the blockchain.  London-based legal-tech firm Mattereum has solved the problem of bringing real-world assets under the full, legal control of the blockchain, opening the floodgates for the next phase of blockchain integration into the real world. They have described this in the new summary white paper, which can be accessed here. Mattereum’s solution enables...

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Cash in circulation in Sweden is about 1% of its total Gross Domestic Product (GDP) as retail payments are virtually cashless, according to Bitcoinist. This means that unless Sweden’s Central Bank issues a digital currency, the country would be completely reliant on the private sector in order to serve the payments market. As part of the World Economic Forum’s Annual Meeting, the Central Bank of Sweden’s Deputy Governor, Cecilia Skingsley, has written an article to describe...

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As the amount of personal and financial data moving between networks increases, security is more important than ever. Robert Morrish, CEO at Haventec, a top cybersecurity tech company, delivers innovative decentralised security solutions to prevent and protect against account fraud, transaction fraud and information theft. Below Robert takes us through how Haventec helps businesses become more secure, the current challenges with security and the potential solution. “But today’s modern businesses look a lot more like shopping...

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Blockchain can provide improved privacy, security and reduce data complexity. Blockchain is currently being leveraged and applied to many industries from energy and resource distribution to sensitive document storage and retrieval in fields like medical, real estate and even law. Below we look at some examples from EuroScientist, who take us through how blockchain can be used within the IoT ecosystem, reducing vulnerability and potential exposure to outside attacks.

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Do you think blockchain could help the construction industry? Well, there seems to be a few reasons it could be a perfect combination. Read some very valid reasons below covering why blockchain technology could help improve processes in construction. Happy reading! Blockchain and Construction Supply Chains A bad workman blames his tools, right? Maybe that’s a bit harsh, though. After all, the construction industry is dependent on the availability of quality supplies and tools, at...