DELOITTE, an audit and consulting firm, has outlined the main areas for blockchain development, if it wants to be mass adopted and to rule the industry. So, in order to be adopted massively, the blockchain technology has to overcome some major obstacles: Time consuming operations Lack of standardization High costs Blockchain apps complexity Collaboration
Mike Novogratz, the former Wall Street Executive, is predicting, that the mass adoption of cryptocurrency and the blockchain technology is coming. It is not as far as many believe, just 5-6 years away. Novogratz, who is also the founder of crypto investment firm Galazy Digital, held a speech during the Conference in South Korea, where
After China has banned cryptocurrency and ICOs, it turned to the blockchain technology. Despite all kinds of cryptocoins were announced as a threat to the national currency and were banned, the blockchain technology is regarded as the future of businesses and an opportunity to move the businesses of the country on a complete new level.
The South Korean Ministry of Science and Technology and the US State Department will start working on the two countries cooperation in order to facilitate technological development and the industrial revolution. This will be the Fourth Industrial Revolution, initiated by the two countries, as it was announced at a press conference in Seoul. The fourth
The National Bank of Dubai (NBD), which is one of the largest financial groups in the Middle East, is the first bank in the region that has implemented the blockchain technology for internal banking purposes: in a check-assurance system, to prevent check fraud cases. The system works in the following way: after a transaction is
Digital advertising is a relatively new way to earn money, via views. Though, where there is a way to get money, there are cases of fraudulent behaviour. In this case, the number of views has been artificially increased with the application of bots. CoinClear, the company that powers the buying and selling of media in
Blockchain Technology – the New Internet? The blockchain is a great inventio, which can be not just used in all fields of life, but to change the way the human world functions. This is the invention of Satoshi Nakamoto, a person or a group of people, somebody that is a mystery till now. Initially, it
Viola Al, the first virtual dating and relationship marketplace is introduced in the market! Based on the combined idea of the blockchain, artificial intelligence and smart contracts, Viola is going to change the dating space in the entire world. This will be the first A.I. that will be developing customized solutions in close interaction with