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Russian Retailer Dixy Uses Ethereum To Streamline Trade Finance

The fourth largest retailer player in the country is a crucial participant in the brand new Ethereum-based blockchain trade finance platform, which has been launched in Russia. After a six-month pilot phase, Factorin, the Russian blockchain startup, has announced the launch of its system into production with DIXY. DIXY is a supermarket chain which made…

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Top 10 Real-World Applications Of Blockchain Technology

Considering the popularity and hype gained by blockchain technology in the past decade, it wouldn’t be too much to say that blockchain technology is definitely a game changer and is regarded as the next big thing to have happened following the invention of the internet. Put simply, it holds a record of each and every…

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Importance Of Blockchain In Healthcare Data Management

Blockchain technology has come a long way from its origin as a financial instrument that was free from the control of any world government or corporation. But as the blockchain mania of the last two years has shown us, blockchain’s use case goes far beyond what was initially thought possible. The new use case for…

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Can Blockchain Tackle The Healthcare Hurdles?

It is almost impossible to miss Blockchain whenever there is a conversation related to technology innovations in recent times. After the internet, if there is something that has disrupted the industries, then it has to be Blockchain. Despite its recent origin Blockchain has managed to garner the attention of some of the major industries. Apart…

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Can Blockchain Cut Foreign Exchange Transaction Time?

Ever since 2009 when Bitcoin surfaced as an alternative to fiat currency, the era of digital financial revolution swirled. With the rise of Bitcoin, we also got to know about Blockchain, a platform that aids the exchange of money in the virtual world. Blockchain allows easy and quick exchange of money. This is a digital…

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Impact of Blockchain In The Art World

Blockchain is often associated with the technical world, where we think that its use cases are limited to improving financial transactions and making business operation seamless. However, it has emerged as a popular medium to create a podium for the direct interaction of the buyer and seller. One of the most unconventional uses of Blockchain…

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How Blockchain Will Help Counter the Problem of Deforestation?

Deforestation is defined as the planned clearing of trees and other vegetation in an area for converting it to non-forest use. Typical use cases for this type of clearing include the creation of farmland or urban use along with the cultivation of natural timbers and other resources. Deforestation is undoubtedly one of the biggest causes…