Italy is known for favouring innovative technologies such as blockchain. Now, the country is trying to implement the tech in its banking sector. The Italian Banking Association announced that 100 of the country's banks have applied the Spunta solution for the banking sector.
Banks have a different perspective and vision when it comes to blockchain. Some banks support this groundbreaking technology, some are still lagging behind and redundant, and others are still against it.
Music has long been a unique, universally understandable way of self-expression. But it also goes a long way beyond art – music is also a large business which gives jobs to thousands of artists, producers, stage operators, designers, to mention only a few. Today, the music industry is shifting into the digital realm with a pace previously unseen.
The outbreak of Covid-19 has pushed several governments and electoral commissions globally to the wall by making them look for other alternative means of organising and conducting free and fair elections. One of the available options is using a Blockchain-based e-voting method.
The automotive giant from Detroit, General Motors, has filed a patent for a blockchain-based platform that will be utilized by the company’s self-driving cars. The filing was submitted to the US Patent and Trademark Office on April, 2.
The Reserve Bank of India recently announced cryptocurrency is not banned in the country but advised citizens not to rely on it. At the same time, the country seems to be much more friendly towards blockchain, launching a hub in Bengaluru.
What does it take for the blockchain and distributed ledger technology to express its full value? There are many factors that contribute to the growth of blockchain phenomenon, with four of the contributions and analyses that are the most effective.