Technologists have been promoting blockchain technology as a sort of panacea that could save the financial sector and protect everyday banking customers from fraud. Economists and journalists have painted a different picture. They've claimed that distributed ledgers are an easy way of obscuring illegal transactions and point to several high-profile cases where criminals used … [Read more...] about Will Blockchain Deliver a Decisive Blow to Financial Fraud or Fall Flat on its Face?
trust
Why Blockchain is Quickly Becoming the Gold Standard for Supply Chains
Global supply chains are complex processes. Different companies, with distinctive objectives, are working together to achieve a common goal; to bring something from A to B. For a supply chain to work, partners have to trust each other. To do so, there are multiple checks-and-balances, extensive documents and different checkpoints all interacting in a web of bureaucratic … [Read more...] about Why Blockchain is Quickly Becoming the Gold Standard for Supply Chains
Why the Internet has a Problem
A decentralised web was how the web was originally envisioned, but somehow in the past 25 years, it ended up in the hands of a few very powerful companies. As Sir Tim Berners-Lee said during the Decentralised Web Summit in 2016: The web was designed to be decentralised so that everybody could participate by having their own domain and having their own webserver and this hasn't … [Read more...] about Why the Internet has a Problem
Why We Should Embrace Technology to Change Globalisation
We live in a world where increasingly globalisation is under threat. The biggest threat comes from trade wars, started by Mr Trump, that could significantly harm the world economy. This week, the International Monetary Fund warned that Trump's trade war could cost the global economy $430 billion in 2020. As the IMF's report states, all countries will suffer, but the USA the … [Read more...] about Why We Should Embrace Technology to Change Globalisation
How the Convergence of AI and Blockchain will Result in Increased Efficiency and Trust
AI and Blockchain are two of the hottest technology trends hitting the market today. Blockchain stands to revolutionise communication and transaction recordation, building trust between strangers and enabling increased provenance, transparency and privacy. AI takes on incredibly complex tasks and applies tremendous computing power to learn these tasks to near perfection. So, … [Read more...] about How the Convergence of AI and Blockchain will Result in Increased Efficiency and Trust
