Smart contracts are on the rise. With networks like Ethereum, Solana, and Cardano getting increasingly popular, more people than ever are utilizing the benefits of these contracts. Smart contracts are protocols or programs that execute on the blockchain when certain specified requirements are met. They can be used for financial reasons, medical reasons, gaming, and more. One of the biggest struggles facing smart contracts is ensuring the information they receive is accurate in order for the contract to execute properly at the time it is supposed to. This is where Chainlink comes in. A Decentralized Oracle Network The goal of the Chainlink network is to connect smart contracts to data…
Trust: blockchain’s trillion-dollar transformation
Consulting giant PwC says blockchain technology’s ability to win trust will add $1.76T to the global economy by 2030
Tracking and proving the provenance of everything from organic chickens and ethically produced diamonds to college degrees will be the top use of blockchain technology over the next decade, accounting for a nearly $1 trillion boost in global GDP, according to a new report from PwC.
WEF: Coronavirus proves blockchain is needed
Blockchain solves ‘a key technology problem’ in making supply chains more visible and resilient
The disruption of supply chains worldwide by coronavirus shows blockchain is needed as a tool of trade, according to the World Economic Forum.
Facebook, Google want to be your banker
In separate announcements, Facebook unveiled a non-blockchain payments tool that could compete with Libra, and Google said it will offer consumer checking accounts
The tech giants that already know everything about you, and now they want to be your banker, too. What could possibly go wrong?