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Challenges in the Enterprise Adoption of Blockchain
Sofocle is known for its Blockchain Evangelism, deep-rooted research, and pioneering when it comes to this technology. It is only natural for the company to raise awareness about the real challenges shadowing the enterprise adoption of Blockchains like slow transaction speeds, lack of standards and interoperability between different platforms and…
Read More5 Ways in which Blockchain will Disrupt the Gaming Industry?
The extremely competitive gaming industry is under a constant state of stress. This could be attributed to the constantly evolving technology landscape, intense competition, changing consumer habits and lack of regulation, which paves way for an unstructured industry where competitive edge becomes difficult to sustain. While the industry has been…
Read MoreHow Blockchain has Turned out to be a Game Changer in Supply Chain Management?
Every time you eat something or pick up your phone to call up someone or buy clothes from a shop, have you ever wondered as to where these products come from? Are you aware that every finished good or product that is ready for use has to travel a long…
Read More5 Important Ways in Which Blockchain is Revolutionizing the Manufacturing Industry
One of the key drivers of the global economy is the manufacturing industry. According to the World Bank, this industry itself accounts for nearly 17 % of the global GDP. Unfortunately, the industry has always been plagued with several problems including quality control and inefficiency. Apart from this, complex and…
Read MoreHow Can Blockchain Help Businesses Resolve Issues Related to Product Recalls?
Be it the outbreak of E. coli in Romaine Lettuce that was highlighted and recalled by Grocery giant Walmart or the incidence wherein defective accelerator pedals sold by Toyota resulted in several accidents or the case of tainted oral polio vaccine containing strains of type 2 polio vaccine virus, there…
Read MoreHow Will Blockchain Transform the Consumer Electronics Industry?
The multi-billion-dollar consumer electronics (CE) industry is one of the most dynamic industries. Over the past couple of decades, it has undergone rapid changes with the market being primarily governed by the way products are being positioned, purchased and re-ordered. Furthermore, the industry is also underpinned by endless chain of…
Read MoreHow Blockchain Addresses Issues Surrounding Data Ownership and Privacy?
Social media giant Facebook recently had to bear the brunt of regulators for mishandling user data. According to report shared by New York Times, Facebook had shared sensitive user data with more than 60 device makers, including Apple and Samsung thereby staking confidential data of millions of users. While the…
Read MoreStreamlining the Cold Supply Chain with a Blockchain Powered Solution
The supply chain ecosystem has become extremely complex with an ever-increasing number of players involved in developing, manufacturing, marketing, and distribution of products. One of the most indispensable links of the supply chain that concerns the transport, as well as storage of temperature-controlled logistics (food and pharmaceutical) is the cold…
Read MoreHow Can Blockchain Streamline the Fragmented Agricultural Ecosystem?
The agricultural sector of the country is the primary means of income for over 58% of the rural families. Yet it is plagued by several problems and challenges. However, the grim situation of the Indian Agricultural industry has finally managed to gather the focus and attention it rightly deserves with…
Read MoreHow Does Blockchain Address the Pain Points of Islamic Banking?
Raghuram Rajan – one of the most prominent economist and 23rd Governor of RBI (Reserve Bank of India) suggested in his 2008 report on the Financial Sector that interest-free banking (Islamic banking) should be practiced on a large scale. This was recommended with an intention to provide access to people…
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