Learn by creating a professional blockchain network solution for a logistics company. — The complex nature of logistics and supply-chain makes it difficult to gain an accurate, real-time overview of a shipment’s status because logistics and supply-chain usually involve multiple participants(e.g. consumers of goods, retailers, distributors, manufacturers, suppliers, and brokers), each of which maintains its own record of a transaction. These records are…

What are security tokens? What are their necessary building blocks? In recent years, there has been a growing trend of companies issuing security tokens. A security token is a digital asset that is backed by a real-world asset, such as a commodity, real estate, or a fiat currency. The key…

The use of blockchain technology allows for increased security and privacy of digital data. — Have you ever found yourself in a situation where you are renting an apartment and the real estate company asks for highly personal information? Such as where you live, your mother’s maiden name, your Social Security number, your place of employment, and a credit statement from your bank? This may…

With blockchain, network members can track the provenance of ingredients as they travel from farm to fork. — Have you ever experienced something similar! Rushing through an airport, you grab a salad to eat before getting on the plane. However, an hour into the flight, you begin to feel unwell. In 2006, there was a nationwide outbreak of Escherichia coli which was linked to bagged spinach. It took officials two weeks to conduct the…

Blockchain matters because no business operates in isolation. Blockchain technology provides a way for businesses to work together more efficiently through leveraging the collective knowledge of the group. By implementing blockchain-based business processes, businesses can save costs and improve their competitive advantages. New opportunities can be created by using blockchain…

Let’s take a look at some of the advantages and disadvantages of blockchain technology. — Numerous advantages of blockchain technology are discussed in many industries and proposed by thought leaders around the world who are participating in the blockchain space. The main benefits of blockchain technology are as follows: Decentralization: It is a core concept and benefit of blockchain. There’s no need for a trusted…