DeFi projects will form the foundation of the crypto economy in 2021 according to a report by DappRadar. DApp transaction volume has topped $270 billion so far in 2020, with 95% of this figure belonging to Ethereum’s DeFi ecosystem, according to DappRadar. That’s an astonishing 1178% increase from last year’s total of $21 billion. The […]
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More companies are looking toward DLT to enhance business operations. Here is what the adoption landscape looks like. To date, the ever-evolving DLT landscape has brought about dramatic changes to the world of finance and businesses in multiple industries. While blockchain is a type of distributed ledger technology, there are various other applications that have […]
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Survey results suggest “blockchains thrive when being used for multiple integrated applications.” Singapore’s burgeoning blockchain industry has identified asset tracking and traceability as the top use case for distributed ledger technology, underscoring the need for better supply chain management in a post-pandemic world. The findings were presented Monday in the “2020 Singapore Blockchain Ecosystem Report” […]
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The new Ethereum-based network aims to track the life cycle of agricultural products, and counts a pharma giant among its users. On Nov. 18, blockchain solutions provider BlockApps launched a blockchain-based agricultural crop tracking network called “TraceHarvest” — and one of the largest companies in the world, Bayer, is among its first users. TraceHarvest reportedly […]
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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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IBM has emerged as one of the largest blockchain consulting firms in the world. Its next target: sustainable fashion. IBM’s foray into the blockchain ecosystem is deepening with a new partnership to track supply chains in the textile and fashion industries. The Armonk, New York-based tech giant announced Monday that it’s teaming up with German […]
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VeChain is riding a strong tailwind on favorable developments out of China. The price of VeChain (VET) extended its rally on Wednesday, building off a solid week of gains following discussions with Chinese government officials centered on a post-epidemic health response. VeChain rose 2% on Wednesday to reach $0.011669, according to CoinMarketCap. Over the past […]
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Blockchain will streamline trade from Europe’s grain belt. Following two years of pilot testing, a blockchain trade and financing platform for global agricultural trading has seen its commercial rollout from Swiss developer Cerealia SA. The launch follows extensive prelaunch trial implementation with firms from Algeria, Brazil, Dubai, Japan and Ukraine. In November 2018, Cointelegraph reported […]
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You could easily lose up to 90% of your fiat savings to inflation alone in 100 years, but that would never happen with Bitcoin. At the time of writing this article, around 3.6% of Bitcoin (BTC) is locked up in long-term holdings by institutional investors. According to the data, 13 entities have amassed close to […]
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Can monetizing our data help speed up the world’s response to future pandemics, and make cutting-edge smart cities a reality? We asked an expert. Data is incredibly valuable. But right now, it’s being underutilized — and few of us have control over our digital footprint. Here, CyberVein’s global marketing director Pavel Jakovlev explains the network’s […]
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