Category: Blockchain

The World Economic Forum’s Head of Blockchain and Distributed Ledger Technology, Sheila Warren, recently commented on the growing blockchain need. Specifically, she argued blockchain technology is necessary to combat the worsening international trust crisis. Blockchain needed to combat worsening trust crisis Warren made these comments in a recent interview with Cointelegraph. In it, Warren explained that society as a whole is experiencing eroding public trust towards a host of institutions. …

Blockchain companies are increasingly being wooed by traditional companies, as the benefits of blockchain technology become increasingly evident. Now, reports are emerging that the American blockchain startup Data Gumbo Corp. has raised $6 million from energy companies – as these seem set to become energy companies using blockchain.  Data Gumbo has been funded by Saudi Aramco and Equinor Specifically, this news came from the energy news outlet World Oil, and…

The Chinese government has famously had a complicated relationship to blockchain technology. Although the Chinese government has previously adopted blockchain technology to some extent as a means to curb corruption as well as improve traceability and liability, it has also come out strong against cryptocurrencies. Now, however, it would seem that the Chinese government is hedging its bets in regards to blockchain technology. Specifically, a recent report is now alleging…