In a week filled with insightful content delivered by global social activists and world leaders, blockchain emerged as an early trend and was noticed for its ability to change the world of social impact as we know it.
Controls designed to promote traceability can drive up processing time and cost.
Blockchain technology can address these twin challenges.
A blockchain is a secure, distributed digital ledger with records that resist duplication and forgery. It can be used to keep track of any information or assets, from transportation containers to digital currencies.
Flashlight? First aid kit? Water? Check. When disaster strikes, federal disaster response agencies encourage us to be prepared with these and other basic emergency supplies. However, there’s much more to emergency preparedness than meets the eye. Before, during, and after a hurricane, tornado, flood, or wildfire, federal agencies must be able to quickly and effectively respond to, and communicate with, those in harm’s way.
What do you need to know to make successful investments in the new world of cryptocurrency and blockchain? How can you build a strategy that helps you and your investors leap ahead of the pack?
The Blockchain for Social Impact panel is set to shape a day of powerful learning at “The World Trade Center Blockchain Summer Event” on June 29 at 9:45am ET. You will learn more about innovations in the field of cryptocurrency, how blockchain is different, what to look for in blockchain investments, and what these technologies open up for entrepreneurs and investors.
By Tom Mastrobuoni, Tyson Ventures Chief Financial Officer
Blockchain is all the buzz these days. Sectors across finance, healthcare, media, government, and food, in the U.S. and around the world, are looking at how they can leverage blockchain for everything from medical record security to financial transactions and more. Blockchain is said to be the great democratizer and equalizer. Some liken it to the emergence of the internet where it can open seemingly infinite possibilities for change and improvement.
In the food industry, blockchain is just getting started, where its potential to transform our industry is significant.
As the world’s population continues to grow at a rapid pace, so must our ability to feed it. To meet this need, companies are seeking new ways to enhance and expand their capabilities to safely produce and distribute food across the globe, making the journey from farm to table more complex than it once was. Although rare, food safety and security concerns do arise, and when they do, time is of the essence as public health and lives are at stake, not to mention the livelihoods of industries, companies, and employees. Because of this, food traceability has become increasingly important.
If you ask most people what they think of blockchain applications or cryptocurrency, the response is usually a blank stare of utter bafflement. Well, this week on Sea Change Radio, we are going to try to make some sense of this arcane concept because our guest today, Paul Gambill, has devised a carbon dioxide removal marketplace which incorporates blockchain applications.