Blockchain technology is the backbone of cryptocurrencies. The tokenization that turns blockchain into a valuable commodity isn’t a necessary step in the process. Even without this step, blockchain is a way to securely and efficiently record and transfer data. As a result, it’s turning up in a lot of places other than cryptocurrencies. One of …
Bitcoin has been around for a while now, and so have its proponents. Blockchain the underlying technology of cryptocurrencies like bitcoin is poised to revolutionize the finance industry and has the potential to transform the world economy. And of the potential new avenues for blockchain, perhaps none is more promising than the food supply chain. …
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Remittances and other cross-border financial payments are a large and technically challenging aspect of global finance. Because of the need for permissions and rules for use in cross-border payments, private blockchains are receiving increased attention in this space. Current Challenges In conventional cross-border payments, the transaction is handled jointly by the Society for Worldwide Interbank …
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