blockchain
First came Bitcoin, then came the blockchain; all about the myriad applications of blockchain technology and how decentralization is changing the world.
CAN BLOCKCHAIN TECHNOLOGY BE THE SOLUTION TO FOOD WASTE?
CAN BLOCKCHAIN TECHNOLOGY BE THE SOLUTION TO FOOD WASTE? The amount of food waste in United Kingdom has been extremely staggering and the estimated annual amount is also very problematic to listen to. It has been estimated that about 10.2 million tonnes of food is wasted on an average every year by the households and the food supply chain of United Kingdom. Of this figure 7.1 of the waste come from households while the remaining 3.9 million tonnes come from the food supply chain. This is a staggering amount of food to be wasted in one country alone. All these food items would almost cost about 25 billion GBP every year. The households have a total estimated cost of wasted food to be about 13 billion GBP. Contrasting into some different parts of the world people have nothing to eat at all and it has also been found that the first world countries are wasting food in this way. For ensuring that at least United Kingdom takes measures of ensuring minimum food wasted. This will lead to surplus food and ensure food security. It has to be taken into consideration that some sort of benefits and solutions need to be explored for combating all the problems of food waste. Looking at recent technological advancement, Blockcahin provides a possibility. It has been found that if food security is not ensured at some point in the future, there can be a whole lot of food shortage crises presenting challenges to the Global visions for food security as well. This would ensure that the imbalance that is caused due to the huge inadequate statistics found for enabling the magnitude of a problem. since it has been found that the chances that food security will reduce the amount of food wastage, it should be made sure that this food security measure is implemented at the earliest so that food security and its Global goal can be reached by the time it has been already 2020. The uses of the blockchain technology has been shining an unfazed light on all the food wastage problems and also reveals that there has been a permission to mitigate the problem since humans have right now initiated and persistently enable the wasteful attitude of food in them. Blockchain Technology or BCT has a worldwide appeal for projects that require transparent and accurate accountability. This has been used to implement many other successful projects in the past since 2009. Blockchain has also been used in various applications including social, financial and industrial sectors. The technology is still at its early stages of development for food security system but it is still usable for the real-life applications. Blockchain Technology has its own architecture and setting up several innovations within these architectures enables innovative structure that has been the brainchild behind reaching the idea of using Blockchain Technology for fighting food waste problems. However, blockchain Technology has previously been used by different organisations, including that banks as it begins to recognise the cryptocurrencies being decentralized and forming unit of money. The first use of Blockchain was to develop a cryptocurrency called bitcoin in 2008 – 2009. This cryptocurrency was based on cryptography built on a decentralized blockchain.. This technology is being used by various start-up organisations as well for exploring the opportunities provided by blockchain technology in the logistics, food business and agriculture as well. Since the demand of food in the entire world has been increasing exponentially every day, there is a need of transparency that needs to be set in with the food industry. It has been found that people do not just blindly believe all the activities of the food industry and therefore they have a little trust on the quality of food. This is why it has been found that they are always checking the labelling and ensuring any potential frauds and adulteration for taking measures against it. There are various other problems that could be arising in the food industry including the faulty records, frauds and errors is well. Therefore, these problems automatically pose numerous problems in the food distribution and food consumption sector in the United Kingdom. Thus, there is research process going on to make sure that blockchain Technology would most probably provide security to the wastage of food especially in United Kingdom.
By Joshua Jogo6 years ago in The Chain
Having blockchain is now a marketing strategy
Blockchain technology pretty much blew up over the course of the last couple of years. Developers started immediately switching their focus from AI to blockchain and companies stated adopting this technology genuinely believing that it was a useful tool to have.
By Giorgi Mikhelidze6 years ago in The Chain
How to start a Crypto exchange in 2020?
Most of the Business People want to start a Crypto Exchange like Bitcoin. Because, in this generation, Business people, entrepreneurs, and startups believe that Bitcoin is very useful for their Long-term Investment. If you want to start a Crypto exchange, this article is primarily meant to investors who are planning to start a Crypto Exchange instantly.
By Akshara Singh6 years ago in The Chain
Looking to Advance Your Career in Blockchain? Here's How
The decentralized currency “Bitcoin” was the spark that had many people, developers, and entrepreneurs tilt their heads at its underlying technology; blockchain. The blockchain technology was theorized in the 90s as a secure chain of blocks that validate each other. The first actual and practical blockchain was created with the launch of Bitcoin by the unknown person/group Satoshi Nakamoto. The blockchain technology was heavily tied to cryptocurrency until a few years later when different organizations started experimenting with it. The blockchain capabilities were one of the main reasons that made Bitcoin the giant it is today. It didn’t take long for Silicon Valley to start familiarizing itself with it as shown great promise in every field. Investments by tech giants are helping in pushing boundaries and upgrading the current state of affairs of blockchain technology. A career in blockchain is becoming something very worthy and rivals many prestigious careers like machine learning and virtual reality.
By George Swagger6 years ago in The Chain
"This makes Cryptocurrency as easy as counting to three": Blockchain goes Sesame Street
Blockchain is the future. But how can you demystify this often complex and confusing subject? How can you guarantee you aren't accidentally selling your digital currency to a phantom figure on the Dark Net? Or even buying something with your hard earned Bitcoin which doesn't actually exist?
By Zoe Nauman6 years ago in The Chain
Blockchain-based Online Casinos
The gambling industry is one of the largest industries in the world. It gets more and more popular among people especially with the development of the online gambling sector. The development of the online gambling industry is a great technological advancement. The online gambling industry is the new level of technology. The industry gives exactly the same experience as the land-based venue, though without leaving the comfortable atmosphere of the home. Though, the online casino is not the last stop for the gambling industry.
By Mariam Pagava6 years ago in The Chain
Revolutionising the World of Recruitment Through Blockchain
It feels as though we have all been waiting for the world of recruitment to change in some significant and positive way for decades. Zealous, some would even say fanatical, change agents like me started to believe that fundamentally the industry was so broken, it was beyond repair. We’ve stood by and watched concepts which promised so much be introduced, bastardised and then stumble like drunks into the recruitment abyss of nearly-so technology and solutions.
By Darren Ledger6 years ago in The Chain
Could Blockchain Technology Be the Solution to Public Finance?
Public finance has always been a matter of concern. For both involved private organizations and government, people expect transparency in the way their taxes are being utilized while government seeks answer to their public programs and measure the effectiveness of their initiatives. Though transparency to people isn’t much of a pressing concern, the outcome of the invested capital is important for governmental decision making. Lastly, the fund allocation to various government agencies and supervising the flow of fund across agencies is a challenge.
By Niti Sharma6 years ago in The Chain
Stainless Chain
The first decade of the 21st century was quite revolutionary for the whole world. The very first gradual change was described and proposed by Darwin, while the other, the modern global change was invented by Satoshi Nakamoto. If the evolution of humanity started from the monkeys, then the monkeys for the modern bitcoin would be paper money or cash. First, there were coupons, then there were coins, then paper money, then we got electronic plastic cards in our wallets, and now we have electronic wallets and instead of cash, we have Bitcoins. The process of money printing, in this case, is switched with the more advanced technology such as Blockchain which is gaining more popularity among different spheres.
By Mariam Pagava6 years ago in The Chain
