Fighting counterfeiting
Blockchain technology can be extremely effective in detecting counterfeit products. This problem most often affects manufacturers of luxury goods, such as fashion designers.
Read MoreBlockchain technology can be extremely effective in detecting counterfeit products. This problem most often affects manufacturers of luxury goods, such as fashion designers.
Read MoreSWIFT is a system of worldwide interbank financial communication channels, which has been in operation since 1973 and works with 11,000 banks and other financial institutions.
Read MoreThus, if one block of data gets hacked, the other blocks remain protected. If each piece of data is copied across multiple blocks, no data will be lost forever, even if one block is compromised.
Read MoreThe Proof of Work consensus algorithm has been used for years to protect the Bitcoin blockchain and has proven successful.
Read MorePayments have become an integral part of our lives. Most people make different payments almost daily, if not several times a day.
Read MoreThe attitudes of financial corporations and banks toward cryptocurrencies have varied from sharply negative to cautiously distrustful, but blockchain technology is highly regarded even by many cryptocurrency haters.
Read More