According to the recent report by PwC, a global audit and consulting network, Blockchain has what it takes to add $1.76 trillion to global gross domestic product (GDP) by 2030. But what is the basis of these ambitious projections? Are these numbers practical or far from reality?
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.
Many governments as well as citizens remain cautious about cryptocurrencies as they lack awareness and understanding of their nature. However, history proves that digital currencies are just another form of money like shells or silver coins with the only difference that it cannot be touched for the first time ever.
The talent acquisition and retention process have always been tedious, expensive, inconveniencing and opaque to job-seekers, employees and employers. However, blockchain’s Distributed Ledger Technology (DLT) features of transparency, urgency, decentralization, immutability and security seems to present a better experience for the industry.
One of the most exciting things about the online gaming industry is its growth over the years, and much of that growth has been due to increasing patronage from players who fall majorly into two or both categories: those who have adopted the use of cryptocurrency payments and those platforms that have majored in mobile casino services to capture an underserved gamers population.
The United States Securities Exchange Commission (SEC) has adopted a blockchain forensics tool. Despite seemingly favouring the tech, the agency is not so friendly about the product backed by this tech, namely cryptocurrency.
Blockchain and cannabis are some of the most searched keywords on the internet today and it is interesting to see the correlation between the two. Today, blockchain is being applied to pretty much every sector and cannabis production is no exception.
The distributed ledger technology (DLT) product authentication system patent filed by the United States e-commerce company Amazon has been approved by the US Patent and Trademark Office (USPTO). Their new platform aims to provide ‘digital trust’ to the product supply chain (SC).