COVID 19 created new and intensified existing trends in the tech arenas of blockchain, artificial intelligence (AI) and machine learning (ML). Let’s explore the key predictions of AI and blockchain trends for 2021. Blockchain and distributed ledger technology will remain…
Distribution is the next challenge for combatting the pandemic, perhaps AI and blockchain can help? Scientists around the world came together to develop a COVID-19 vaccine in record time. We currently have not one, not two, but an array on…
Population growth continues to put pressure on food supplies This threatens not only food quality, but food quantity too. Global food production will need to increase 70% by 2050 in order to satisfy an (underestimated) predicted population of 9.1 billion…
Current supply chains are complex and cumbersome With a considerable number of stakeholders involved in supply chains of the modern era. Often they are plagued by low transparency, data silos, unstandardised processes, and diverse levels of technology adoption. Many parts…
Fuel agencies increasingly plagued by systemic inefficiencies Traditional systems of tax exemption for fuel companies rely almost purely on manual data entry and paperwork with wet signatory. Fuel suppliers would reconcile and verify large stacks of fuel delivery receipts, submitting…
Blockchain smart cities for efficient communities and optimal utility Blockchain offers a new approach to urban government innovation that will create more transparent, efficient, and resilient communities. With the proliferation of the internet of things (IoT), blockchain technology can be…
One of the original purposes of blockchain was to prevent fraud in digital currency exchanges. In 2020, we have seen the technology evolve beyond the financial sphere - now blockchain combats fraudulent activities for businesses across sectors. Blockchain is a…
With great potential to advance sustainability objectives, blockchain is a technology that satisfies society’s growing need for instant time-sensitive information, whilst retaining information privacy and security. A blockchain is a type of distributed ledger technology (DLT) that records each verified…
Impact of the COVID-19 pandemic on insurance As insurers face challenges in the industry, heightened by the COVID-19 pandemic, new blockchain solutions are being imagined. Sudden changes –the reduction in premium income, slow growth, increase in service requests, etc. –…
Blockchain and GDPR/ PDPA data protection legislation: GDPR is a general data protection regulation in EU law that was adopted in 2016. It seeks to facilitate the free movement of personal data under an established framework of fundamental rights protection…
