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DeFi Defining the Blockchain Trends 2020
Today the Financial sector contributes on an average of about 15-20% of GDP globally. The Financial markets drive the global economy but if we analyze the way the world has changed in the last three decades, the underlying infrastructure of the traditional financial markets has not been able to keep…
Read MoreThe Anatomy of Blockchain Deployment
An immutable time-stamped series record of data that gets managed on a distributed network is Blockchain. This technology was first implemented in 2008 by Satoshi Nakamoto, and now after 11 years of progress, it has achieved as one of the most secured technologies having hands-on almost every sector of the…
Read MoreTrading with Blockchain in Energy Market
Technology to empower renewable energy to enter the trade market with trust. Being a part of nature’s culture, we all know that renewable resources are limited. These resources are diminishing day by day as it takes millions of years to renew them. Humans have taken out various solutions to use…
Read MoreChallenges 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…
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