Tag: Distributed Ledger Technology

How Blockchain is Responsible For Creating A Fast, Safe, and Secure Diamond Industry

How Blockchain is Responsible For Creating A Fast, Safe, and Secure Diamond Industry

The blockchain industry has managed to bring in a significant transformation to the diamond trade industry. The very idea of blockchain is centered on a modern security concept marked with authenticity, trust and provenance unlike any other technological platform available in the market. In modern times, the diamond industry has been plagued by several challenges […]

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How Would You Create A Safer Business Ecosystem Using A Decentralized Ledger Platform?

How Would You Create A Safer Business Ecosystem Using A Decentralized Ledger Platform?

While we talk of the semantics of the word decentralized ledger technology; we are delving deep into a business architecture that would make our world a better way to trade! We are not saying that the existing legacy business architecture is inefficient or not worthy of conducting fruitful business practices. What we seek is a […]

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The Decentralized Economy Taking Us Towards A Brighter Future

The Decentralized Economy Taking Us Towards A Brighter Future

Yes, while we speak about decentralization, we are actually moving towards a better future. The cryptographic revolution is about to take a new turn with countries like India legalizing the trading of cryptocurrencies. The wide range of crypto acceptance will pave a long way for the complete revival of the already sloth global economy marred […]

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The Supreme Court Of India Giving A Ruling In Favor Of The Trading Of Cryptocurrencies

The Supreme Court Of India Giving A Ruling In Favor Of The Trading Of Cryptocurrencies

In sharp contrast to the stereotyped approach towards cryptocurrencies, the Indian Supreme Court gave a ruling in favor of cryptocurrencies. The judgment said, ‘Trading in cryptocurrencies now will be allowed’. In the month of April, 2018, the Reserve Bank of India had issued a circular barring banking and financial services from trading in cryptocurrencies in […]

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A New Digital Revolution To Herald In A Fresh Wave Of Decentralization With Blockchain 

A New Digital Revolution To Herald In A Fresh Wave Of Decentralization With Blockchain 

Digitization is a constant evolution for the last few decades. What began as a simple effort to formalize a traditional manual ecosystem has resulted in a full-blown effort to digitize the economy. The entire world is digital and the only thing which us fast-changing is the digital interface. With digitization, there have been several pain […]

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The Gem & Jewelry Industry Set To Benefit From The Amazing Capabilities

The Gem & Jewelry Industry Set To Benefit From The Amazing Capabilities

The gem & jewelry industry is one of the biggest beneficiaries of the smart chain capabilities brought forward by blockchain technology. As we move forward to the second decade of the new century, we are witnessing the marvels of new world order. The world order is not a mandate but an option to democratize and […]

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Transforming A Traditional Landscape With Modern Distributed Ledger Technology

Transforming A Traditional Landscape With Modern Distributed Ledger Technology

The transformational experience brought about by distributed ledger technology is formidable. There are several aspects of traditional techniques that are holding back the peak performance levels. There are several pain areas of the contemporary business landscape which require a serious makeover. Thanks to a technology known as blockchain; there is a possibility that a single […]

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Stop Blood Diamonds Using Blockchain Technology

Stop Blood Diamonds Using Blockchain Technology

The diamond ecosystem is expected to be the biggest beneficiary from the distributed ledger technology. Blood diamonds or conflict diamonds have found a place on the online marketplace of the world. This is a news excerpt from an investigative report from an agency that is engaged in extensive online research. Fraudulent digital activities have been […]

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Democracy And Provenance In Business Supply Chains With Distributed Ledger Technology

Democracy And Provenance In Business Supply Chains With Distributed Ledger Technology

The distributed ledger technology promises to establish a democratic structure in business supply chains with complete provenance over the entire system. The distributed ledger technology or blockchain technology comes with a world of new possibilities for the participants, especially with complete traceability and connectivity. The continuous source of truth prevails which is equally shared between […]

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Benefits of Cryptocurrency Payment Gateways in the World of E-commerce

Benefits of Cryptocurrency Payment Gateways in the World of E-commerce

One of the most potent penalties of technological growth and reciprocally digitization is the improvement of digital money from paper money. Although digital online payment solutions in the likes of net banking had reduced the participation of banks to some extent in the arena of conducting transactions, traditional techniques of payment took a significant hit […]

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Forging New Ties Using Distributed Ledger Technology

Forging New Ties Using Distributed Ledger Technology

Everyone is observing how blockchain’s distributed ledger technology is changing the way enterprises conduct their business dealings. Let’s see how a blockchain-based network functions, how you can leverage its tremendous potential, and how multiple companies across the globe are collaborating to refine the technology further across a wide spectrum of industries. First, a little background […]

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How Smart Contracts Have The Potential To Transform The Entire Jewelry Supply Value Chain

How Smart Contracts Have The Potential To Transform The Entire Jewelry Supply Value Chain

Smart contracts are smart in every sense of the word! First, they are able to recognize frauds and second, they are capable of maturing independently without the validation of any third party. With smart contracts, the first goodbye can be said to the third party remittance partners. We have nothing personal against remittance partners except […]

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