Management

The transition to a new energy balance and sustainability passes through a new management of the networks, or rather a new conception of the networks themselves. And a key role for this new perspective can be played by the cryptocurrency, blockchain and distributed ledger technology (DLT).

The concept of ownership or direct management of a cryptocurrency by a central bank is, in fact, an oxymoron. In fact, cryptocurrency such as bitcoin has the characteristic of being open source, as well as being based on a network of "volunteers" that has already fully - technologically - replaced the old payment system: it is faster, more efficient and above all, it is decentralized without the need for any institution, without any state funding and no one to manage or control it.

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.

The Lombardy Regional Council has approved the Address Act on the planning of waste management and remediation in recent days. A plan that aims to overcome the very idea of rejection, instead espousing the logic of the circular economy.

The Italian Society of Authors and Publishers (SIAE) obtains the first place in the ministry of economic development (MiSE) rankings with a project dubbed "Copyright management on 5G networks with Blockchain." The ministry is trying to fund and support disruptive technologies including smart contracts, DLT, cryptocurrency, artificial intelligence (AI), internet of things (IoT).

Like other areas already widely explored, the ticketing sector is also starting to exploit the enormous potential deriving from the use of blockchain technology, with the aim of offering a renewed management approach that can demonstrate more efficiency, better usability, total reliability and wide guarantee of performance.

The blockchain is not just Bitcoin and cryptocurrency. The cryptocurrency is in fact only one of its possible applications.

It is important to see how the blockchain is used and what features are mainly exploited by startups that work in the field to understand what prospects open thanks to the work of technology companies.

The birth of cryptocurrency including Bitcoin traces back to the times of the Bretton Woods system of monetary management back in the 1970s. However, regardless of its positives, the system had some weighty weaknesses that ultimately led to its end on August 15, 1971.