Blockchain Adoption

Also, wrongly known as decentralized ledger technology, blockchain is becoming a vital element that could disrupt every sector of life. The technology first came into the limelight in 2009 with the release of Bitcoin. Today, blockchain shows great use cases in almost every industry, such as finance, healthcare, agriculture, and supply chain. Blockchain impacts continue to spread across industries, with the latest target being legal institutions. Legal systems are among the slowest industries when it comes to the adoption of…

The advancement in technology has improved transparency and accountability in many sectors to reduce cases of corruption.  These days, the money funded to steer development projects can be tracked up to the last coin, but has it been able to curb corruption? Criminals still find their way to carry out their illegal dealings. Blockchain technology provides an efficient way of curbing corruption in government institutions as well as private institutions alike.  This article focuses on how blockchain technology can help…

Blockchain and cryptocurrencies became famous in 2008 with Satoshi's whitepaper on Bitcoin. Since then, there have been numerous debates over the two terms. One of the most sought-after answers is which of the two is better. Is it blockchain or cryptocurrencies? Notably, the blockchain is more instrumental in any industry than cryptocurrencies. That's primarily based on the fact that the blockchain is the underlying technology behind cryptocurrencies. However, despite being engineered on the blockchain, cryptocurrency's dominance in the fintech industry…

A higher academic institution training Communist Party officials (Central Party School) in China has released a new book regarding cryptocurrency. On May 19, reports by a local blockchain news agency noted that the Party School of the Central Committee of the Communist Party of China published the book and it is one of the books in the book series on disruptive technologies. The focus of the book series is on the provision of a learning source for party officials and the general public…

According to China’s Office of the Central Cyberspace Affairs Commission (OCCAC), the third round of blockchain projects towards approval by the Chinese regulators is taking off. The latest addition to the commission’s registry is 224 distributed ledger technology (DLT) ventures and it includes leading technology companies Alibaba, Baidu and China Mobile. It seems that the news was first revealed by a Twitter user AliceolaCrypto on April 26: “#China has just announced the 3rd batch list of #blockchain filings, 224 projects approved…

There is usually a symbiotic relationship between the adult entertainment industry and changes in technology. For example, the adult entertainment industry exploded with the World Wide Web invention in 1990 by computer scientist Tim Berners-Lee. The adult entertainment industry prides itself on being technology conscious and is usually at the forefront of adopting and popularizing emerging technology. This has been historically witnessed in the early adoption and popularization of VHS tapes and internet payment systems. And with the immense growth…

Block.one is the software publishing company behind the creation of EOS, and EOS VC, a venture capital firm focused on contributing early-stage capital to future blockchain tech development. The startup maintains that its two primary products are the VC arm and cryptocurrency but specifies that it is working to provide the most powerful infrastructure for decentralized applications available. The block.one team provides “end-to-end solutions” to bring corporations, investors, and institutions onto the blockchain via various services. Here is a beginner’s guide…

The current global economic trouble is shifting attention to blockchain technology. Before now, some governments have been considering and looking into how to deploy the technology in some sectors. Interestingly, the government of South Korea has noted that the blockchain market stands for a “golden opportunity” for the country. The government is admonishing private sector firms in the country to exploit this potential. On Apr. 17, Fn News released a report which noted that the Vice Minister of Strategy and Finance,…

American Association for Advanced Science (AAAS) wrote a letter to Governors, Secretaries of State and State Election Directors warning them of online voting insecurity. The association stated that there are serious concerns about the security of votes via the internet or mobile apps based on scientific evidence. Due to COVID-19 unprecedented challenge to American elections, the letter noted that internet voting would not be a secure solution for voting in the United States. Additionally, online voting would not be in…