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In Blockchain We Trust? New Paths to Religious Consensus

Religion and technological advancement are concepts that often find themselves in conflict with each other. Those who believe in superiority by higher powers tend to dismiss the more rational and scientific explanations for the grandest issues in human life, and vice-versa. The mere suggestion of using technology for purely religious affairs triggers a strong backlash. … Continue reading In Blockchain We Trust? New Paths to Religious Consensus

FinTech in Belt and Road – the UK FinTech Bridge

In the second round of our interviews at the Belt and Road Summit 2019 in Hong Kong, Blockchain.News gained further insights from European representatives Germany, as well as soon to be European exiters—the UK to learn more about their countries’ latest developments related to the Belt and Road Initiative.  Belt and Road Initiative—UKAs the UK … Continue reading FinTech in Belt and Road – the UK FinTech Bridge

Blockchain and IoT: Transforming Hong Kong into a Smart City

Blockchain and IoT: Transforming Hong Kong into a Smart City In December of 2016 the Hong Kong Government released the Smart City Blueprint with a vision to develop Hong Kong into a world-class smart city. The key aims of this transformation are to improve the connectivity, efficiency and environment of Hong Kong by leveraging advances … Continue reading Blockchain and IoT: Transforming Hong Kong into a Smart City

Cryptos in Space: The Future of Blockchain in the Final Frontier

“Oh my God…it’s full of stars!” Thus spoke astronaut Dave Bowman, the last surviving crew member of the ill-fated Discovery One spaceship, moments before entering the stargate in the 1968 sci-fi classic 2001: A space odyssey. These eternal words, spoken in the novelized version only, hint at a vast new universe where human beings become … Continue reading Cryptos in Space: The Future of Blockchain in the Final Frontier

Blockchain Can Empower Organizations to Monetize Their Data and Make Revenue

The fourth industrial revolution has influenced the increase in data-driven business models. Organizations regularly generate a ton of data from every department using modern technologies. Each firm has realized that data is a crucial asset and use them in several applications. The latest developing stories indicate that blockchain technology can open the door for firms … Continue reading Blockchain Can Empower Organizations to Monetize Their Data and Make Revenue

President Xi Urges Expedition of Blockchain Development in China

On Oct. 25, China’s President Xi Jinping said at the study session of the Politburo held on Thursday that the nation should accelerate the development of blockchain technology.   Xi Jinping delivered a speech while presiding over the study. He pointed out that the application of blockchain technology has extended to digital finance, Internet of Things, … Continue reading President Xi Urges Expedition of Blockchain Development in China

Social Factors Influencing the Adoption of Blockchain Technology

With the introduction of blockchain technology, there has been an influx of so many innovations in different industries, including the financial industry, the entertainment industry, as well as other areas of life.  The invention of blockchain can be compared to the invention of things like the steam engine, internet, electricity, the computer – which are … Continue reading Social Factors Influencing the Adoption of Blockchain Technology

How Distributed Ledger Technology Can Help our Dying Planet Become a Greener Place

Air pollution, one of the plagues currently troubling the human population. In countries like Delhi and china, because of severe air pollution, it is common to see people move around with gas masks, and sometimes motorists have to seal their car doors and windows with tape, because of the danger of breathing polluted air. Many … Continue reading How Distributed Ledger Technology Can Help our Dying Planet Become a Greener Place

What are Smart Contracts and Why are They Important?

The purpose of all contracts in its rudimentary sense is to enforce commitment, and it is ingrained in the principle “pacta sunt servanda,” which translates to “agreements must be kept.” What necessitated the need for contracts The idea of contracts was conceived in the 1750s during the industrial revolution. At this time, the increase in … Continue reading What are Smart Contracts and Why are They Important?

Shanghai Municipal Commission of Commerce Signs a Blockchain Alliance Proposal to Foster Trade And Finance

A report published on the Global Times on Nov. 7 stated that the Shanghai Municipal Commission of Commerce had signed a written proposal giving the Shanghai government departments and six financial companies an opportunity to establish an E-port area blockchain alliance with the sole aim of fostering international trade and financial services. This proposal was signed … Continue reading Shanghai Municipal Commission of Commerce Signs a Blockchain Alliance Proposal to Foster Trade And Finance

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