Global food waste affects 870 million undernourished people, not to mention the damage to our environment and climate change. Blockchain technology can bring about increases in transparency, automation, and efficiency of processes across the whole perishable foods supply chain that will facilitate the elimination of these problems.
This is the first in a series of blogs dedicated to Web3. First and foremost, I want to clarify some foundational concepts of Web3 — how it is defined, what it represents, and how it can be visualised. But I also want to share my own perspective from inside the industry and to explain what …
At nChain we foster a culture of innovation. Innovation isn’t a buzzword to us, it underpins why we want to secure the Internet of Value, and how we’re going to do it. In this blog, we’re going to explain just how intrinsically this value is rooted in the company’s mission.
CBDC Timeline Launching a CBDC must follow a clear process, involve multiple stakeholders, and consider the wider social, political, economic, and structural context. The roadmap for implementing a CBDC given here will not be universally applicable, but is a helpful illustration of how implementation can work. 3-5 Years to launch a CBDC Given …
A CBDC, at a minimum, consists of a record of transactions (a ledger) and an interface to enable users to exchange currency. This core ledger, which should be stored in a secure environment, forms the basis of a CBDC and allows assets to be issued by a central bank. On top of this, other products, …