The world of decentralized finance has gained its popularity for various reasons such as low costs, more transparency, increased reliability and trust, faster transactions, and much more. However, one specific characteristic of DeFi plays the part of the primary driving force behind its popularity: incentives.
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.
As the main reason for drastic climate deviations taking place recently is considered to be carbon emissions, and conventional methods of its regulation obviously do not work well, countries are forced to seek innovative alternatives. Among other technologies, special attention has been paid to blockchain.
Since the launch of cryptocurrency and its underlying technology, blockchain, many were puzzled as to how it would revolutionize various sectors of the economy. Now, businessmen have found a new use case for blockchain technology in the sale of used mobile phones.
Binance announced the acquisition of CoinMarketCap which will now officially become its daughter company. Although CoinMarketCap has claimed to remain independent, the community anticipates there might be changes in its operation.
BMW Group, a popular luxury carmaker, will involve blockchain in its purchasing processes to guarantee the effective traceability of raw materials - from mines to smelters - and other important items. The new platform is expected to be launched at the end of 2020.
Land and buildings is a lucrative business in most parts of the world, and now in this digital era, different players in this sector are trying everything possible to make it more beautiful and profitable by using innovative technologies including blockchain and cryptocurrency.
Blockchain can be used to overcome social inequalities like the French protests that have been occurring month-in-month-out since late 2018, the political protests that normally happen in Venezuela, and many others.