Crypto, Play-to-Earn, and NFT Philippines News and Resource
In Davos, the World Economic Forumâs Global Blockchain Council unveiled a significant document for Blockchain: âThe Blockchain Bill of Rightsâ, otherwise formally titled as âBlockchain Bill of Rights: Design Principles for a Decentralized Future.â
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Like technology, concepts such as smart cities and its term may float around for years before it gains traction. When it does gain traction, it unravels like lightning; quickly materializing in so many variation and formats â all derivatives from the concept.
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With a greater awareness for sustainable practices in the aspect of both human development, technology is among the brightest platform to succeed based on investments for societal development. As the world gears up for a new decade with its set of challenges and opportunity, weâll move forward together â maintaining an inclusive innovation cycle where no man or community is left underserved.
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PoW blockchains are resistant to cyber attacks since influencing the network requires raw computing power greater than half the network itself (51%).
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UnionBank also revealed that there were 335 transactions performed last August 2019 and the transaction volume exceeds $1 million.
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The results are businesses are able to operate seamlessly with a highly dependent supply line while economies are able to maximize their participant dividends due to new levels of value proposition being reached.
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In a statement sent to BitPinas, UnionBank said this initiative will enable blockchain “cadets” to become future leaders of the Philippine blockchain ecosystem.
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100% developed in the Philippines, it leverages new technologies to create âcomplete documentation of door-to-door shipment from the country of origin to the country of destination.â
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The foregoing tells us that while legal-tech, particularly those employing blockchain technology, poses a lot of promise for the improvement of delivery of legal services, among others, it needs to attune itself with legal realities in order for the technology to reach its best potential.
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Blockchain is set to “improve the traceability and security of product sourcing and supply chain.”
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