However this is not the first time Nikolai has publicly stated the nation's stance on the use of blockchain technology as two years ago he made mention of the «necessity to
explore the use of blockchain technology in the best interests of the public» claiming it would be of great benefit to the economy of the nation and «relations between the state and the public».
Recently, the Indian Finance Minister Arun Jaitley acknowledged blockchain's potential, stating that the Government will «
explore the use of blockchain technology for ushering in digital economy».
The government will
explore use of blockchain technology proactively for ushering in digital economy.»
The government will
explore use of Blockchain technology proactively for ushering in digital economy.»
«Hawaii has the unique opportunity to
explore the use of blockchain technology to make it easier for visitors to consume local goods and services and to drive the tourism economy.»
However, what largely remained unnoticed and / or given enough weight in the context of India was Jaitley's assurance that «the government will also
explore the use of blockchain technology for ushering in the digital economy».
Global technology company IBM collaborated with a consortium of major food companies to
explore the use of blockchain technology to address food safety in the global supply chain.
He said: «The government will
explore use of blockchain technology proactively for ushering in digital economy.»
JPMorgan's Dimon, for instance, said his bank was
exploring the used of blockchain technology, even if he doesn't believe bitcoins are here to stay.
Interestingly, some African nations like Kenya, Nigeria, and South Africa are already
exploring the use of blockchain technology to disrupt key sectors like transport, oil and gas, financial services, and land registry just to name a few.
The search - giant is
exploring the use of blockchain technology for its cloud business and «developing its own distributed digital ledger that third parties...
CMIIT issued another announcement on March 23 stating that the day before, it concluded a forum
exploring the use of Blockchain technology in China's industrial sector.
Not exact matches
As Aaron Wright, chair
of the alliance's Legal Industry Working Group, told Coin Telegraph, «Lawyers are poised to serve as the catalysts for
blockchain technology, and the Legal Working Group will serve as a neutral space to
explore blockchain - based legal
technology, develop standards for «smart» legal agreements, support emerging enterprise
use cases, and tackle important policy issues raised by this new, impactful
technology.»
This year saw the rise in these groups
of banks,
technology conglomerates and FinTech players banding together to
explore blockchain use cases and develop real - world solutions.
In contrast to other prominent banking institutions, some
of which are interested in
exploring other
use cases for the
blockchain, Carstens did not appear impressed by
technologies related to digital assets: «In practice, central bank experiments show that DLT - based systems are very expensive to run, and slower and much less efficient to operate on conventional payment and settlement systems.»
Just signed an MOU with the Ethiopian Ministry
of Science and
Technology to
explore training
blockchain developers and
use Cardano in the Agritech Industry
It dives into the basics
of blockchain technology, its possible
use cases and applications, and
explores the challenges and opportunities related to this
technology.
The document
explores how Switzerland could offer the
blockchain community huge potential as a place in which this
technology can be developed and
used,
of which the prominence
of Zug's Crypto Valley provides the most convincing evidence.
This collaboration marks the first instance
of a central bank
exploring how it can
use blockchain technology to enable improved cross-border payments.
Since 2015, Etherparty has been developing tools for a global community
of blockchain users to
use and
explore possibilities that
blockchain technology enables.
Sony has filed a patent that
explores the
use of cryptocurrency
blockchain technology to control the digital rights management (DRM)
of its future products.
In late 2016, a group
of industry leaders formed the
Blockchain Insurance Industry Initiative B3i («B3i») to explore the potential of distributed ledger technology (e.g. blockchain) and gain insight into how it can be used in the insuran
Blockchain Insurance Industry Initiative B3i («B3i») to
explore the potential
of distributed ledger
technology (e.g.
blockchain) and gain insight into how it can be used in the insuran
blockchain) and gain insight into how it can be
used in the insurance market.
The
use of blockchain comes as the ICT Cabinet Secretary Joe Mucheru set up a taskforce headed by former Information principal secretary Bitange Ndemo to
explore the
use of distributed ledger
technology and artificial intelligence for development in Kenya.
As part
of the HKEX's exploration
of the
technology, the firm plans to launch a private market for smaller companies interested in building
blockchain applications and is engaging with the Australian Securities Exchange and others to
explore other
use cases.
An enterprise consortium is
exploring the possibility
of using blockchain - based governance
technology to help its members vote on various measures.
Microsoft director
of technology and civic innovation, John Paul Farmer, explains how his team is
exploring use cases for
blockchain technology.
Shedding the haze about the Government's stance in recognizing the potential
of «
Blockchain»
technology and
exploring its
use for aiding digital economy, the Hon» ble Finance Minister in his budget speech
Currently, Russia is actively
exploring the advantages
of using the
blockchain technology within its borders.
This week, members
of the Trump administration also publicly affirmed their interest in
exploring potential
use cases
of Blockchain technology.
Sweden began
exploring the
use of blockchain and smart contract
technology for real estate transactions last year.
«In addition, the bank will also try to
explore the feasibility
of enhancing the security and efficiency
of payment systems
using decentralized ledger
technology [
Blockchain].»
A Google spokesman explained, «Like many new
technologies, we have individuals in various teams
exploring potential
uses of blockchain but it's way too early for us to speculate about any possible
uses or plans.»
The mission
of the new group is to study the potential
of the
blockchain technology and explore its use cases taking into consideration China's regulations, policies and traditions as well as the unique Chinese financial industry's business logic — that is, to standardise blockchain technology application, Blockchain New
blockchain technology and
explore its
use cases taking into consideration China's regulations, policies and traditions as well as the unique Chinese financial industry's business logic — that is, to standardise
blockchain technology application, Blockchain New
blockchain technology application,
Blockchain New
Blockchain News reports.
With a focus on the country's payments system, specifically, the central banker said the central bank would
explore «the feasibility
of enhancing the security and efficiency
of payments systems
using decentralized
blockchain technology.»
The three firms will «work together to
explore [proofs -
of - concept]
using technologies like
blockchain,»
A Google spokesperson said, «Like many new
technologies, we have individuals in various teams
exploring potential
uses of blockchain but it's way too early for us to speculate about any possible
uses or plans.»
French video game publisher Ubisoft is
exploring potential applications
of blockchain in its Strategic Innovation Lab, which studies emerging
technologies and their
use...