Blockchain news: Blockchain Technology is the most disruptive technology since the Internet. It is the technology that everybody is talking about, but few know how and why it works. It has the power to change the world, to the extent that big entrepreneurs and blockchain experts are predicting that blockchain will be a main layer of society like the Internet currently is. Blockchain can remove third parties, increase security, make data permanent, improve consensus of peer-to-peer and many more. Blockchain technology can decentralize systems, decrease corruption and many big corporate names, as well as many governments are actively investing in the development of blockchain technology. The fight for blockchain patents is fierce and with the rate of Blockchain’s development, it will come a time soon, when not using Blockchain technology will not be practical.
Transport is vital in today’s economy that is why incorporating technology brings out the best in this sector. Recently, technology has been used to scale up various industries within many countries. For example, the increasing use of blockchain technology has helped many industries perform exceedingly perfectly. This technology has mostly been used in the operations […]
Blockchain for the layman is simply a more transparent and efficient means of recording data and moving money among several parties without the need of a central regulatory system. This is because the information is saved on several computers across the globe
Different states in the US are taking some measures that will allow the cryptocurrency and blockchain market to spread. Now we are talking about Arizona, one of the friendliest states towards these new revolutionary technologies.
The energy sector is one of the most benefited industries after incorporating blockchain technology. The Comisión Nacional de Energía de Chile (CNE), the institution that regulates the energy sector, launched a pilot that is based on the Ethereum’s blockchain.
Blockchain technology keeps expanding all over the world and in many different fields. This time, the Chinese Petrochemical company Sinochem Energy Technology used blockchain so as to realize a gasoline export. This is the first time that the technology is used in this kind of industry.
Blockchain technology can be used in many different fields and can be applied to several use cases. Russia is planning to secure its next presidential election using blockchain technology. The intention is to avoid other countries or individuals to modify the results of the elections. At the same time, citizens would also see the voting process simplified.