09 May 2022

Blockchain Is Perfect Resolution For Global Supply Chain

The modern-day consumer is done with the old-fashioned modus operandi of supply chain management and the red-tapism over parcel movements. They expect better experiences concerning speed, visibility, traceability, transparency, and sustainability. To ensure this, they are willing to pay more or ready to try alternatives for their beloved brands even

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14 Apr 2022

Explaining crypto’s billion-dollar bridge problem

On March 23rd, the Ronin blockchain network underlying the popular NFT-driven game Axie Infinity was hit with a hack that saw the attackers walk away with an eye-popping $625 million in cryptocurrency. The Ronin hack was the largest amount of money that had ever been stolen from the type of service

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23 Mar 2022

Li Finance protocol loses $600,000 in latest DeFi exploit

The Li Finance swap aggregator has experienced a smart contract exploit leading to the loss of around $600,000 from 29 users’ wallets. The exploit took place at 2:51 am UTC on Sunday. The attacker was able to extract varying amounts of 10 different tokens from wallets that had given “infinite approval”

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25 Feb 2022

Blockchain Technology Is Changing The Real Estate Industry

On February 10, 2022, the first NFT-based property was bought through an auction on Propy, a blockchain-focused real estate company. The Florida home was sold for $653,163 worth of Ether, and the home’s property rights were minted as an NFT on the blockchain as a digital representation of ownership over

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23 Feb 2022

Why are smart contracts the smart choice for financial services?

In an age of rapid digitalisation, accelerated by the COVID-19 outbreak in 2020, “smart contracts” are seen by many as a building block in the development of a more efficient and more automated financial services sector. In this series, we will look at the use cases of smart contracts in

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16 Feb 2022

Cryptocurrency for Supply Chain Payments

Today’s supply chains are frequently paper-based operations subject to human error and delay. Therefore, some companies are beginning to invest in digital infrastructure, including blockchain tools, to strengthen supply chain efficiency and visibility. One benefit of using blockchain for supply chain management is that parties can cooperatively use smart contracts to

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02 Feb 2022

Ethereum Could Hold Lead as Dominant Smart-Contract Blockchain: Coinbase Analysts

Don’t write off Ethereum just yet. The second-largest blockchain network by market capitalization after Bitcoin has become the dominant venue for some of the hottest cryptocurrency innovations, from decentralized finance (DeFi) to non-fungible tokens (NFT). The network’s popularity – and the high fees of transacting on it – has inspired a

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13 Jan 2022

Supply Chain Strain Breeds Innovation: 2022 Predictions

2021 — on the heels of such a momentous prior year — has yielded global conditions that strike a fever pitch in tone. The storylines that continue to weave and unfold include a cast of dominant characters: Covid-19, the climate change crisis, remote work, TikTok algorithms, ESG (environmental, social and

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03 Jan 2022

The evolution of blockchain, smart contracts & its role in data distribution

As we reflect on 2021 and how early adopters of enterprise blockchain technology have benefited from the efficiencies generated by novel technologies, we feel optimistic about the future of the blockchain industry, particularly within capital markets and financial services. It’s becoming increasingly clear that blockchain can significantly reduce risk in a

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28 Dec 2021

Smart Contracts – Recognising and Addressing the Risks

Smart contracts, where some or all of the contractual obligations are defined in and/or performed automatically by a computer program, are expected to have a significant impact on the way business is done. Whilst already being deployed for relatively straightforward transactions, such as facilitating transfers on cryptocurrency exchanges, with the

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