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 […]
IBM has been very quick to develop its own blockchain system and make partnerships that handle transactions for its South Pacific sector.
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.