Tag: use cases

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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