Imagine a world where you can vote in an election with your phone, where you buy a house in a matter of hours, or where cash simply doesn’t exist. These are some of the scenarios being mooted by an increasingly excited blockchain community. The technology that underpins the cryptocurrency Bitcoin is nothing new – it’s been around for decades. It’s just an encrypted database that’s distributed across a computer network. But what makes it different is it can only be updated when everyone on that network agrees, and once entered the information can’t be overwritten, making it extremely secure and reliable. And trust, as we know, underpins most business transactions.
From fine wine to lotteries: Blockchain tech takes off
More of Today's Solutions
Europe’s low-carbon future: Denmark’s North Sea oil field is now a carb...
Once a symbol of fossil fuel extraction, the remote Nini oil field in the North Sea is preparing for a new role: storing millions ...
Read MoreGrace Richardson makes history as first openly gay Miss England: ‘I’ve achiev...
BY THE OPTIMIST DAILY EDITORIAL TEAM When Grace Richardson took the stage at the Miss England final in Wolverhampton, she wasn’t just chasing a ...
Read MoreWorld’s first hydrogen-powered cargo vessel to set sail in Paris this year
In a world's first, a commercial hydrogen-powered cargo vessel will make its maiden voyage later this year. Developed by French shipowner Compagnie Fluvial Transport ...
Read MoreA guide to self-kindness: transforming negative self-talk into positive affir...
As we go through the motions of daily life, it's tempting to listen to our inner critic's constant commentary. Negative self-talk, or the constant ...
Read More
