Category: DLT

Circling back to blockchain’s originally intended purpose: Timestamping

Circling back to blockchain’s originally intended purpose: Timestamping

What was blockchain technology originally intended for? It’s generally presumed that it was created in 2008 by Satoshi Nakamoto as part of his white paper, creating Bitcoin (BTC). Since Bitcoin would be built on decentralized ledger technology, a blockchain needed to be established as the foundation for the cryptocurrency.  Since 2008, blockchain technology has expanded […]

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Russia’s regulatory sandbox and the implementation of blockchain tech

Russia’s regulatory sandbox and the implementation of blockchain tech

The main challenge companies face when testing and implementing innovative technologies is the need to amend existing legislation. Developing and testing new products based on distributed ledger technology requires special conditions that are often inconsistent with existing regulations. The solution to this problem would be the introduction of a special “regulatory sandbox” regime. It means […]

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Bringing carbon emissions reporting into the new age via blockchain

Bringing carbon emissions reporting into the new age via blockchain

Blockchain for supply chain management is one of the most practical business applications for large, multi-party sectors seeking trust and transparency across daily operations. As such, the mining and metals sector has now started to leverage blockchain technology to effectively track carbon emissions across complex, global supply chains.  This month, the World Economic Forum launched […]

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A minister’s look at what regulators expect from the industry

A minister’s look at what regulators expect from the industry

Regulation is sometimes positioned as the enemy of innovation, an antagonistic force that reduces progress in the name of bureaucracy. However, when implemented sensitively and proportionately, regulation can strengthen a private sector’s reputation by creating the conditions necessary for businesses to focus on and enhance innovation. Getting this right means working with entrepreneurs and providing […]

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Blockchain adoption 2021: Going mainstream through enterprise use

Blockchain adoption 2021: Going mainstream through enterprise use

American market research company Forrester recently released its blockchain predictions for 2021. The report reveals interesting findings, noting that 2020 has been an important year for growth in the enterprise blockchain and distributed ledger technology space.  Martha Bennet, principal analyst at Forrester and a co-author of the report, told Cointelegraph that the firm’s blockchain predictions […]

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DLT security standards may turn legacy industries into blockchain innovators

DLT security standards may turn legacy industries into blockchain innovators

Tokenization has given rise to the “Internet of Value,” an era in which financial assets — or any assets with underlying value — can be easily transferred peer-to-peer over the internet. While revolutionary, tokenization has largely remained a concept embedded strictly within the cryptocurrency space. Yet as the need for digitized processes continues to impact […]

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