Tag: use cases

The U.S. Department of Defense is currently assessing the viability of blockchain technology for military-related applications, according to a recent report from C4ISRNET, a publication covering technological advancements in the defense sector. In a document published November 19, 2018, the Defense Advanced Research Projects Agency (DARPA) said that it was looking to understand the “Applications and Barriers” to distributed consensus…

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Following a series of extensive tests spanning five months, the world’s first-ever IOTA-powered charging station for electric vehicles (EVs) is finally preparing for a much-anticipated debut. The update on the latest round of tests was posted on the official INVADE website on Sep 11, 2018, underlining that the world’s first cloud-based flexibility management systems integrated with EVs and battery storages….

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On August 13, 2018, HEX Innovation, a blockchain-based platform designed to help individuals manage their health information, partnered with The Korea Association of Regional Public Hospital (KARPH) and TPLUS to grow the blockchain-based medical information industry. The press release noted that the agreement is a win-win situation for all parties involved, as each entity has a vital role to play…

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On July 32, 2018, Hyperledger announced the passing of its 250-member milestone, as they onboard nine additional members. The members include ChainDigit, Chainyard, Coil, DigiCert, LG CNS, Omnitude, Tierion, and UTRUST. Multiple Companies with Multiple Disciplines Some of the company’s focus on offering blockchain solutions like Tierion with anchoring data to the blockchain, Coil contributing to Hyperledger’s Quilt for better…

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The Petro flame seems to be burning ever brighter despite the condemnations and criticisms that the Venezuelan national cryptocurrency has faced both locally and internationally since its arrival in February 2018. On May 3, 2018, the nation’s president has revealed that Venezuela is on the verge of establishing a youth bank that will be funded entirely by the oil-backed petro…

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In 2016, the project 0x envisaged that every asset such as gold, fiat, and even digital game items could be represented by a digital token. As such, the protocol built on Ethereum’s blockchain was designed to allow any ether token to be traded on the network as well as allow anyone the ability to run a decentralized exchange. These types…

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  For most individuals, paying taxes is considered an arduous chore since it involves a filing procedure riddled with obscurity. That fact, however, could quickly change with the integration of blockchain technology into the current taxation program. Not Quite the Tea Party, but Still Revolutionary The first real protest against taxation was the Boston Tea Party, an event that eventually…

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In a somewhat surprising turn of events, the United Nations discussed blockchain technology on October 15, where a preview of their meeting agenda surfaced online, which touches upon many different pressing matters. One of the top priorities for the UN is to work towards peaceful and inclusive societies, which will require powerful technology to achieve. Distributed ledgers have their role…

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