How Blockchain Can Rebuild Digital Trust

In 2008, the first blockchain application was bitcoin, a private cryptocurrency or a digital coin which was introduced by Satoshi Nakamoto in a revolutionary whitepaper Bitcoin: A Peer to Peer Electronic Cash System. No one knows Nakomoto’s identity which has been described as a person, a group of people, or a pseudonym. The concept was described…

New Zealand bank ASB pilots trade blockchain

Last week New Zealand bank ASB in partnership with VerifyUnion launched a blockchain single trade window application. The World Economic Forum recently reported that providing a single point of service for importers and exporters can reduce the time taken for processing trade documentation by 90%. The pilot trade involved meat exporter Greenlea Premier shipping a consignment to a large…