ANN ARBOR - Tech attorney Enrico Schaefer, principal in Traverse Legal, explains what Non Fungible Tokens, aka NFTs, are and what they mean for the future of finance and accounting. Electronic permanent records on the blockchain. Learn more by watching this video interview. To reach Enrico, click on TraverseLegal.Com https://youtu.be/5ixhTJB3L6Q
WASHINGTON DC - The U.S. is gingerly considering whether to adopt a digital version of its currency, one better suited for today's increasingly cashless world, ushering in what could be one of the dollar's most fundamental transformations. In that scenario, the U.S. would not only mint the coins and print paper bills but also issue
TROY - The global ethical food market is expected to grow to $728 billion by 2025. One company, TrustBix, is using blockchain technology to monitor and encourage food to be sustainably produced. There are two platforms used, BIX, which is the blockchain, and ViewTrak, which is the software. The company has been in business since
DETROIT - Walmart said this week that it’s creating a fintech start-up with Ribbit Capital, one of the venture capital firms behind Robinhood. The big-box retailer did not share the name of the new company or say when its services will be available. It said it will develop unique and affordable financial products for Walmart
Before understanding how blockchain can change the way we trade gold, one must first understand how it can impact global commodity trading. 'How Is Blockchain Changing the Commodity Trading Industry?' Trade Finance Global notes that the process involved in global commodity trading is slow, because of the need for the physical exchange of pertinent documents.
ANN ARBOR - Amesite has partnered with Wayne State University on a new online professional certificate programs to advance knowledge and skill in artificial intelligence and blockchain. These six-week programs are tailored to engineers seeking the latest innovations and applications of this technology, or professionals in other fields — law, health care, accounting or business —
ANN ARBOR - As concerns mount about possible Russian interference in U.S. elections, blockchain technology appears to be getting a second look at the ballot box. That is, electoral committees are viewing the blockchain as a way to ensure election integrity. Blockchain voting use-cases continue to attract media attention, as countries and organizations explore the
ANN ARBOR - Healthcare specialists increasingly view blockchain technology as a way to streamline the myriad Health Information Exchanges (HIEs) populating the industry. At present, these HIEs are hindering the development of a more interoperable records system. In essence, they serve as information silos created by vendors hoping to lock-in their customers. As a recent Forbes article put it
NEW YORK – The much-hyped Bakkt, the brainchild of the parent company of the New York Stock Exchange, called the Intercontinental Exchange (ICE), will launch its Bitcoin futures platform in December, according to a document released this week. Bakkt is a new cryptocurrency platform proposed by Jeff Sprecher, the founder, chairman, and CEO of ICE.
AUSTIN, Texas – For the past three decades, national governments throughout the world have sought to reduce carbon dioxide gas emissions using various financial incentives. Although a well-known factor in climate change, most of these efforts have failed. Enter Swytch, a blockchain-based platform that tracks CO2 emissions and verifies the impact sustainability efforts have on them
