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Cryptocurrency has become a global phenomenon with a market capitalization of almost $3 trillion at its peak in November 2021
Cryptocurrency has become a global phenomenon with a market capitalization of almost $3 trillion at its peak in November 2021. The lack of central intermediaries and the use of public blockchains have led to challenges in adoption as transactions can be costlier and take longer to settle than traditional payment options. However, the growth of the crypto industry has created an entire ecosystem that supports cryptocurrencies, including custody services, exchanges, payment platforms, and decentralized finance platforms.
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The Future of Supply Chain Management with Blockchain Technology
Supply chain management is an essential aspect of any business, and with the rise of blockchain technology, it is poised for a major transformation. The traditional supply chain model is often complex, involving multiple intermediaries, manual processes, and a lack of transparency, which can lead to inefficiencies, errors, and disputes. However, with the help of blockchain technology, businesses can streamline their supply chains, increase transparency, and build trust among all parties involved.
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Creating a Unique and Valuable Non-Fungible Token (NFT): A Step-by-Step Guide
Creating a non-fungible token (NFT) can be a complex process, but it allows you to create a unique and valuable digital asset that can be bought, sold, and traded. Here are the steps you can follow to create an NFT:
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The Role of Blockchain in Digital Identity Management
Digital identity management is an increasingly important issue in the digital age, and blockchain technology has the potential to play a significant role in addressing these challenges. With the increasing number of online transactions and the rise of social media, there is a growing need for secure and reliable ways to manage and protect personal information. Blockchain technology offers a solution to these challenges by providing a secure, decentralized, and transparent way to manage digital identities.
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Discontinuation of TradeLens: The End of a Blockchain-Enabled Global Trade Platform by Maersk and IBM
Maersk and IBM announced the discontinuation of TradeLens, a blockchain-enabled global trade platform, after several years of operation. The reason for discontinuing TradeLens is not publicly known, but it is likely due to a combination of factors, including lack of adoption and technical challenges.