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Blockchain

Bitcoin genesis block is the ‘New Testament’ of finance

[ad_1] “Fiat lux”, said God, having created heaven and earth, which was filled with darkness. And then, there was light. At least, that’s what the Holy Bible tells us. Translated to English, this Latin phrase means “let light be made.” For Christians, who much of the global population, these words mark the beginning of time […]

Top Chinese chemical firm uses blockchain to cut trade financing costs

[ad_1] One of China’s largest chemical producers has launched a new Blockchain Warehouse Receipt Platform to help the industry combat the rising costs of operations and trade financing. An increased demand for more environmental and safety measures amid the pandemic has further driven costs up in China’s petrochemical trade. Small enterprises were already struggling to […]

IBM blockchain powers new app to help firms reopen amid pandemic

[ad_1] A new application powered by the IBM blockchain aims to help people around the world return to physical encounters amid the coronavirus pandemic. IBM Watson Health, a healthcare-focused arm of tech giant IBM, is launching IBM Digital Health Pass, a blockchain-based app to support global organizations and companies as they start reopening after months […]

Fans voting with tokens pick a winning team

Fans voting with tokens pick a winning team

[ad_1] A football team in Cyprus won against its rivals after it allowed fans to use blockchain technology and fan tokens to vote on its match lineup and formation, taking fan engagement to a new level.  Apollon FC, using fan token platform Socios.com, won in a friendly match against rivals Aris Limassol, Socios said in […]

DeFi may be a bubble, but it’s making us stronger

[ad_1] Programmers have found a way to replace the core service offerings of Wall Street and an army of corporate lawyers with 800 lines of smart contract code. The “De” in DeFi stands for “decentralized,” meaning there are no intermediaries in the process. Despite the raw and unpolished user interface, billions of dollars in assets […]

KPMG unveils blockchain solution to track climate emissions

[ad_1] International accounting firm KPMG has unveiled its blockchain based Climate Accounting Infrastructure (CAI) solution to help organizations measure, report, and offset their greenhouse gas emissions. CAI uses blockchain to securely store environmental data in a financial system as part of organizations’ climate risk assessments and asset valuations. It aims to help companies meet environmental, […]