Transparency

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, the main "enabling" technological revolution of recent years, is also changing the donation industry.

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.

The Republic of San Marino, an enclave surrounded by Italy in Southern Europe, where anyone making use of Blockchain systems can now apply to the Institute for Innovation of the Republic of San Marino for recognition as "Blockchain Body," pursuant to Delegated Decree no. 86 of May 23, 2019 entitled "Blockchain Technology Standards for Companies" which introduces transparent, clear and simple regulation, providing specific rules for the different applications of distributed registry technology.

The University of Padua, the second-oldest university in the country, is trying to achieve portability of educational qualifications like a smart degree with new technologies such as blockchain. They are targeting to lessen bureaucracy, increase speed and transparency in service delivery.

Topnotch company Nestlé (a food and beverage firm), McDonald’s (a US fast food firm) and Virgin Media Ltd (a UK telecom company) have engaged in the JICWEBS distributed ledger tech (DLT) trial to enhance trust as well as transparency in digital advertising. JICWEBS was formed by the United Kingdom and Ireland media sector to guarantee independence, maverick and affinity of measurement on the web.

Blockchain technology has played an important role in boosting the sharing economy’s technological infrastructure and developing innovative services in Italy since it is seen as the most suitable solution to major issues including security, privacy, transparency and interoperability.