Nonfungible Tokens and the Future of Commerce
The unlimited potential of blockchain technology is unleashed when used in conjunction with nonfungible tokens. Close your eyes and imagine the future. You walk into a shoe store. You buy a pair of expensive shoes with your favorite cryptocurrency. You did not have to pay …
Will smart contracts usher in a new wave of financial inclusion?
Digital financial inclusion involves leveraging technology to reach communities that are excluded from—or have limited access to—a range of formal financial services. World Bank Findex data indicate that while progress has been made in expanding access to transaction accounts, individuals’ access to other financial services, such as credit, …
Regulatory landscape provides added incentive for enterprises to explore blockchain
The increasing emphasis on data privacy gained widespread attention last year with the enforcement deadline of the General Data Protection Regulation (GDPR). Regardless of your perspective on GDPR and its impact on enterprises, the need for organizations to provide more robust solutions to protecting customers’ …