Building shared consensus on data - €3million in CEF grants for Blockchain Building shared consensus on data - €3million in CEF grants for Blockchain The Connecting Europe Facility (CEF) is making €3 million grant funding available for projects looking to contribute to the European Blockchain Service Infrastructure (EBSI). Blockchain and distributed ledger technologies have
Tag: Blockchain
Blockchain and International trade
nternational trade is of critical importance for economic and social development worldwide. A major cost of global trade is the regulatory requirement of submitting large volumes of information to governmental authorities in order to comply with import, export and transit-related documents and certificates.Trade single windows are flagship initiatives that reduce
Decentralized Finance Explained: Alternative Finance Emerges
The global financial system has created massive wealth, but its centralized nature means the spoils have gone to the people who are best connected to the financial centers of the world. As global inequality continues to rise, how can wealth building tools become more accessible to the rest of the global population? Luckily, technological
Circular Economy: Linking up the Supply Chain
inally, the long-discussed concept of the circular economy (CE) seems ready for takeoff. More and more observers see new information technologies like the internet of things (IoT), big data analytics or blockchain as the powerful means everybody is waiting for. And yes, its promises are truly thrilling. Yet the real door-opener is still
Capital Markets Union: Crowdfunding, FinTech and Sustainability
How much energy is used in a single bitcoin transaction
itcoin transactions use so much energy that the electricity used for a single transaction could power a home for almost a whole month, according to a paper from Dutch bank ING. Bitcoin trades use a lot of electricity as a means to make verifying trades expensive, therefore making fraudulent transactions