Blockchain can bring transparency and traceability to mining and metal supply chains, although data challenges may hamper successful use cases. Blockchain for supply chain management is one of the most practical business applications for large, multi-party sectors seeking trust and transparency across daily operations. As such, the mining and metals sector has now started to […]
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The WEF looks to introduce legacy systems to blockchains. Blockchain technology in general and smart contracts in particular can “unlock the hidden values of legacy digital systems,” according to the World Economic Forum, or WEF. To understand how, look no further than India’s Crop Insurance Scheme. In a 40-page white paper released on Wednesday, the […]
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A representative from the company expects 2021 to be “a breakout year for blockchain.” Many financial institutions are poised to increase their blockchain spending in 2021, according to an upcoming survey from Deloitte titled Financial Services Industry Outlooks 2020. Preliminary results shared with Cointelegraph indicate that 27% of the institutions surveyed expect a “slight increase in […]
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Making digital cash work efficiently for public stimulus payments doesn’t require a detour through blockchain technology, in the view of U.S. progressives. American progressives, particularly the high-profile group of Congresswomen known as “the Squad,” have been highly vocal on questions of economic equity, the corrosive social impact of Big Tech and the need to reimagine […]
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A new working group aims to create standards that will ensure secure Ethereum smart contracts are used by businesses and DeFi projects. Decentralized finance continues to make its impact on the crypto market, and with over $13 billion of total value of assets locked, DeFi projects are clearly resonating with eager crypto investors. Yet while the DeFi […]
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The COVID-19 pandemic has triggered the adoption of blockchain and DLT-based business solutions in the global trade ecosystem. As the coronavirus pandemic continues to push more people out of their offices, many companies across the globe are adopting decentralized ledger technology to mitigate its effects and remain operational. Emmanuelle Ganne, senior analyst at the World […]
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The negative view on automation isn’t the fault of anyone in particular, it’s simply the way that humanity reacts to innovation. Across numerous industries throughout the decades, there has always been a pervasive fear that robots are going to take our jobs. While there has been plenty of evidence that automation ultimately moves human workers […]
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Pakistan wants to unlock a new era of digital finance with crypto. Pakistan’s government is working on a framework for regulating cryptocurrencies like Bitcoin (BTC). The Securities and Exchange Commission of Pakistan, or SECP, has published a consultation paper on regulating digital assets. Issued on Nov. 6, the paper outlines major concepts for the growing […]
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A new WEF report touts blockchain technology as a cornerstone of environmental sustainability. The World Economic Forum (WEF) believes blockchain represents a core element of sustainable digital finance — a new paradigm that combines emerging technology with environmentally-conscious business models. In a new report published Wednesday, UBS executive Karin Oertli lists blockchain technology along with […]
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Traditional real estate processes are being disrupted by blockchain as the world starts to rebuild amid a pandemic. A number of industries are being negatively impacted by the COVID-19 pandemic, including the United States housing market, which is valued at $33.6 trillion. Recent findings from Zillow, an American online real-estate database company, show that despite low […]
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