The Blockchain Technology Penetrates The Fashion World: H&M Empire Gives VeChain A Try | Crypto Update
Before buying an item, conscientious shoppers can open their VeChain app, scan a product’s NFC chip and retrieve data about that particular item including the material that has been used, the artist’s ID, colo, supplier, factory name and more relevant information.
Source: The Blockchain Technology Penetrates The Fashion World: H&M Empire Gives VeChain A Try | Crypto Update, November 18, 2018
Read MoreCan blockchain smart contracts level the legal playing field for SMEs? | finder.com.au
Casey Kuhlman explained. “Almost every interaction between companies (i.e most commercial activity) is underpinned by a legal contract; yet, as commerce evolves there is a growing chasm between the traditional lawyer and the real, networked world. This chasm has come about largely because legal has lacked the technical backbone on which to build relevant digital products for these networked businesses – and that is where blockchain-based systems come into play.”
Source: Can blockchain smart contracts level the legal playing field for SMEs? | finder.com.au, Andrew Munro, November 9, 2018
Read MoreIdentity is evolving—time for POCs to do the same – Evernym – Medium
When it comes to decentralized identity, the classic POC is DOA. Organizations can now work side-by-side to move to market faster than…
Source: Identity is evolving—time for POCs to do the same – Evernym – Medium, Nick Ris, November 7, 2018
Read MoreIBM Patents Blockchain System to Create ‘Trust’ Between AR Game Players, Real World Locations
In the patent, IBM provides a brief description of augmented reality, stating that such a form of gaming is tied to a location that is overlaid by images of more game items such as characters, resources, or internal game locations. By applying the new blockchain patent, IBM can provide a guarantee of “trust” between real world locations and location-based AR games.
Source: IBM Patents Blockchain System to Create ‘Trust’ Between AR Game Players, Real World Locations, Helen Partz, November 4, 2018
Read MoreBlockchain Business Series: Blockchain Model Risk Framework – BMRF | LinkedIn
“When things go wrong, consequences can be severe. With digitization and automation, more models are being integrated into business processes, exposing institutions to greater model risk and consequent operational losses. The risk lies equally in defective models and model misuse.”
Source: Blockchain Business Series: Blockchain Model Risk Framework – BMRF | LinkedIn, Nitin Gaur, October 27, 2018
Read MoreAir Canada to Integrate Blockchain-Based Travel Distribution Platform
“Air Canada recognizes the importance of leveraging this next generation technology. We plan to integrate Air Canada’s Direct Connect API with Winding Tree’s public blockchain platform, giving blockchain-savvy users the ability to access our content directly from the source.”
Source: Air Canada to Integrate Blockchain-Based Travel Distribution Platform, Ana Alexandre, October 24, 2018
Read MoreMinimum Viable Utility – Yannick Folla – Medium
Projects need to understand that “build it and they will come”, is probably much closer to the truth than “incentivize them and they will come”. Bootstrapping an ecosystem and an economy is impossible without a product that users actually want. The tokens should only be introduced after you’ve nailed product-market fit because only then can its purpose be understood, instead of forcing artificial demand when they can’t actually be used for anything valuable.
Source: Minimum Viable Utility – Yannick Folla – Medium, Read More
Understanding Digital Asset (a.k.a. Token) Fungibility: Opportunities for and Challenges to Token Valuation and Blockchain Ecosystems | LinkedIn
The opportunity lies in the technological advancement and resulting business opportunities with not only first-market advantages, but also with enabling new industries and business models that have not existed before.
Source: Understanding Digital Asset (a.k.a. Token) Fungibility: Opportunities for and Challenges to Token Valuation and Blockchain Ecosystems | LinkedIn, Nitin Gaur, September 23, 2018
Read MoreThe Ultimate Guide to App Coins and Protocol Tokens – Blockgeeks
Before the blockchain, there was no way to economically incentivize the underlying protocols. These tokens incentivize participants to work in the interest of the protocol.
Source: The Ultimate Guide to App Coins and Protocol Tokens – Blockgeeks
Read MoreWinklevoss Twins Launch Stable Coin, Receive Green Light from Regulator | NewsBTC
The Gemini dollar has been built on the Ethereum network. According to CNBC, the pair are hoping that the new coin will help to bridge the gap between digital assets and traditional banking. It will allow users to convert U.S. dollars to the new Gemini dollars in order to move value quickly, and transparency around the world. Tyler Winklevoss spoke to the publication in a telephone interview:
“It is really a matter of bringing your U.S. dollars on to the blockchain and making them borderless 24/7.”
Source: Winklevoss Twins Launch Stable Coin, Receive Green Light from Regulator | NewsBTC, Rick D. | September 10, 2018
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