Agents ensure last-mile connectivity for remittances service providers, but networks can suffer from issues such as lack of financial incentives and networking. A blockchain-based solution might enable better collaboration, increased engagement and improved incentives.
One area where the blockchain is gaining a foothold is in intellectual property, where it's being used mainly as a way to ensure that artists and musicians receive recognition and compensation for their work, no matter where it might pop up on the internet.
The blockchain allows anyone with access to its distributed ledger to track what went into a product and who handled it along the way. This transparency is especially relevant to food supply chains, given their geographic expansion in recent years and the amount of data companies track.
With new technologies, it takes a while for regulation to catch up. Blockchain technology is no exception. While we are slowly beginning to see standards emerge, the reputation of blockchain is still marred by the criminal aspects of bitcoin.
It's rare for a day to go by without a bank, startup or financial firm jumping on board the blockchain hype train. But before we get too excited, however, we need to understand the basics of the blockchain.
While bitcoin's price has been on a rapid increase since the start of the new year, the public at large is still learning about virtual currency and blockhain technologoy. The five best read stories in January demonstrate that reality.
Blockchain technology makes securities registration more secure and efficient. Because blockchains are decentralized systems, they provide a distributed method of equity registration and information tracking, bringing greater ease of use and improved security.
Virtual currency is a young industry characterized by rapid technological change and increasingly intense regulatory scrutiny. These aspects were evident in the five best read VirtualCurrencyToday stories in November.
Many virtual currency and blockchain startups raise funds through initial coin offerings. Tim Zagar and Jani Valjavec of Iconomi, a fund management platform for blockchains and virtual currencies, describe how the process works.
With technology changing rapidly, new topics arise frequently in the world of virtual currency. Reader preferences reflect this diversity, as indicated by the top read stories tracked by Virtual Currency Today.