Trust

J. K. Rowling, the famous “mother” of The-Boy-Who-Lived and his adventures, recently asked the cryptocurrency community to help her understand what bitcoin is.

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.

Cases of food contamination, counterfeits and requests from consumers for more information on the origin of food are increasing the demand for solutions, both system and global, which can show all actors in the supply chain how to certify traceability and the processing of the processed, distributed and sold product.

Blockchain technology and theory start from this point and aims to create an equivalent system, without the existence of a central controller, or intermediary, for example banks or insurance companies.

A comprehensive analysis of token definitions, their main uses and developments of decentralized applications and the token-economy, in an evolutionary path that exceeds paradigm 3.0, crosses that of Industry 4.0, to arrive at a scheme for Company 5.0.

Forks are tools employed by blockchain and DLT networks to increase blockchain execution and run the protocol. These are generally distributed into Soft Fork and Hard Fork (hardfork).

Let us take a look at the future and formulate hypotheses on the new trends that will characterize the technological scene in 2020 and beyond. We will try to do this by focusing on the predictable areas of application in the Digital Trust sector, i.e. services and solutions that guarantee the security, confidentiality and legal certainty of cryptocurrency transactions, such as blockchain and distributed ledger technologies (DLT).

Bitcoin has a long term reputation as the top cryptocurrency. While being the most popular, expensive and volatile coins, Bitcoin remains alive and kicking despite the dramatic price rise and falls.

Walmart is collaborating with IBM’s Food Trust initiative to improve the supply of delicious seafood shrimp from India. Walmart also promised to help small seafood exporters to attain Best Aquaculture Practices (BAP) certification to improve product competitiveness on the global market.