Can Blockchain End the Blood Diamond Trade?
Earlier this year, diamond-holding company De Beers announced their plans to create a blockchain ledger for tracking diamonds from the moment they’re unearthed to the time when they’re sold. This would be revolutionary for the diamond industry — De Beers is responsible for mining, trading, marketing, and selling over one-third of the world’s diamond supply. […]
Blockchain Could Solve Social Media’s Problems
By now, you’ve probably heard of blockchain technology. Thrust into the spotlight last year, blockchain development forms the backbone of popular cryptocurrencies like Bitcoin. In fact, many celebrated facets of Bitcoin are actually due to blockchain — security, decentralization, and validation all stem from this technology. But blockchain is quickly growing out of its cryptocurrency niche […]
The Main Obstacles in Blockchain’s Way to Mainstream Use
By now, you’ve probably read a few articles that wax poetic about the plethora of benefits that blockchain development offers. These articles would have you believe that this disruptive technology is bound to change absolutely everything. While the hype surrounding blockchain is unreal, the potential actually is there for it to make a substantial global […]
How Blockchain Can Benefit the Energy Industry
There’s no denying that the development of blockchain technology has ushered in a new era for transactions. It is the backbone for the world of cryptocurrencies, which never would have reached the level of popularity it has without this revolutionary way of validating deals. Now, quite a few companies are trying to take on the […]
FinTech Is Taking on Retirement With Tontines
Every part of the financial ecosystem is susceptible to disruption, and retirement is no exception. With a global market value hovering around $41 trillion, it’s no wonder that FinTech and blockchain developers are turning their eyes towards transforming this sector. And they may have found their engine for change in “tontines“. A Different Way to Retire […]
How Blockchain is Saving Marine Life
With the media’s limelight more focused on global warming, poaching, and other man-made environmental issues in recent years, sustainable living has become a priority for people to practice in their day-to-day. But sometimes, this can prove to be difficult, especially when there is a lack of contextual information about the products you may be purchasing. […]
Will Blockchain Take Net Neutrality’s Place?
Unless you’ve been hiding under a rock, you probably heard about the FCC’s recent vote to repeal net neutrality rules. Many now fear for the future of freedom on the Internet, thinking the battle is now over since the voting is done. But all is not lost. The development of blockchain technology may end up […]
2018 Will Bring More Enforcement to the FinTech Frontier
For the most part, the FinTech frontier has been unbridled by traditional financial institutions. But much to the dismay of blockchain and FinTech developers, that will probably change in 2018. As we saw in 2017, governments, banks, and other organizations are starting to take notice of the current state of FinTech. And for better or […]
Will Blockchain Revolutionize the Internet of Things?
2018 is poised to be a year of scaling and specialization for the Internet of Things (IoT). Not only will we start seeing this technology being utilized more frequently, we’ll also witness its evolution from general-use applications towards tailored, specific functions. Of course, this all depends on if 2018 is a successful year for IoT development; […]
The Brief Basics of Blockchain Technology
Just a decade ago, blockchain was an obscure technology mostly associated with cryptocurrencies. You’d usually only hear about it in discussions between FinTech developers and crypto enthusiasts. Fast forward a few years, and blockchain has made its way out of San Francisco developer social circles and into the public spotlight. In fact, it seems that […]