Blockchain is a system for storing information in such a way that it is difficult or impossible to edit, hack, or trick the system. A blockchain is essentially a digital ledger of transactions that is replicated and distributed across the blockchain’s complete network of computer systems.
According to a recent interview with officials from European airlines Lufthansa and Eurowings, travel companies are embracing Web3 technologies to propel the industry forward. Lufthansa and Eurowings are among the early adopters of the Camino Network, a blockchain platform specifically designed for the travel industry. The Camino Network blockchain and ...
China has inaugurated the National Blockchain Technology Innovation Center in Beijing to train more than 500,000 professionals in distributed ledger technology (DLT). Led by the Beijing Academy of Blockchain and Edge Computing, the center will collaborate with local universities, think tanks, and blockchain businesses to advance the technology in China. ...
A new survey by Goldman Sachs reveals that wealthy individuals are increasingly investing in digital assets and blockchain technology. According to the survey, 32% of family offices now invest in digital assets, including stablecoins, non-fungible tokens (NFTs), decentralized finance (DeFi), and blockchain-focused funds. The survey also reveals that family offices ...
Bitget has launched a $10 million "Blockchain4Youth" initiative to support the education and growth of blockchain technology. The project will offer blockchain courses and certifications through Bitget Academy and collaborate with universities globally to hold a series of campus lectures. The lectures will be dedicated to Web3 and begin in ...
The Nigerian government has announced a national blockchain policy aimed at promoting the development of a blockchain-based economy that enables secure transactions, data sharing, and value exchange among individuals, companies, and the government. This move is expected to benefit the country's public and private sectors and foster innovation, trust, growth, ...
The Santa Cruz County Board of Supervisors in Northern California has voted unanimously to use blockchain technology to improve government operations. The county will implement a digital wallet powered by HUMBL to store and exchange official documentation and government services. This decision was made at the meeting held on April ...
The World Economic Forum (WEF) has published a white paper discussing the potential benefits of blockchain technology in the global fight against climate change. The paper highlighted the four key areas where blockchain could be particularly valuable to the experts and enthusiasts working on climate change. We've just published a World ...
China has taken an active interest in fostering its fintech industry and promoting blockchain technology, despite its negative stance on cryptocurrencies. The Ministry of Industry and Information Technology, which oversees the Chinese fintech industry, announced plans to enhance its blockchain technology standards by 2025 on March 28, 2023. In a ...
Imagine if you could skip the headache of dealing with complicated property purchases and endless paperwork by just clicking a few buttons. Or picture this: sending money across borders in real-time, without those annoying 5-11% extra charges and the agonizing wait of up to 10 days that old-fashioned financial systems ...
Introduction When people live and work together in groups, they often need to establish guidelines and a shared sense of responsibility, known as a "consensus." This consensus represents a set of agreed-upon rules or principles that guide the group's actions and decision-making process. Without consensus, it becomes difficult to reach ...
