In the 1950s, Toyota CEO Eiji Toyoda toured American carmakers and was unimpressed. Even though Detroit was at its peak, Toyoda saw excessive waste and a chance for innovation. Just-in-time manufacturing (JIT), or lean manufacturing as it was subsequently called, […]
Crypto investors often hear the term “staking.” This is the method many cryptos utilize to verify transactions, allowing holders to earn extra rewards for their crypto holdings. We will explain what this extra income source is and how you can […]
Smart Contracts in the Insurance Industry With technology evolving at breakneck speed, the insurance industry faces many opportunities and challenges. Trade publications publish articles daily about how new technologies assist insurance companies in fixing or integrating this thing or that […]
The revolution pushing the digital economy forward took giant steps in 2021, as digital assets began to blend seamlessly into overall economy’s fabric. Undoubtedly, 2022 marks a year of ongoing innovation for digital assets. Many financial institutions find themselves […]
Two of 2022’s hottest topics: Non-Fungible Tokens and the Metaverse. They hold massive potential for most industries. And while these two concepts have created much buzz in the media, they have created nearly as much criticism and confusion. So, like […]
The pandemic served as a social commerce catalyst for brand marketers. eMarketer revised its forecast for social commerce growth from 19.8% to nearly double at 37.9% in 2020 because of this massive uplift. Companies use social media to maximize revenue to find potential customers, […]
A Bitcoin halving is when the payout for mining a new block is halved, and this happens after every 210,000 blocks (approximately four years). The first of which happened in 2012, and the next will occur in 2024. We will […]
Decentralized autonomous organizations, or DAOs, are entities with no central leadership. The entire community makes decisions regarding the organization’s governance from the ground up, and a blockchain enforces a specific set of governance rules. DAOs are born and live on […]
With the advent of blockchains, several systems of on and off-chain governance have been developed. They are designed to manage and implement changes to the blockchain. Because of their on the net nature, the majority of cryptos are moving their […]
Smart Contracts and Financial Services With Ethereum, the world was brought a whole new system of smart contracts, and they offer many benefits. Smart contracts are tamper-resistant, self-executing, and self-verifying. They are already changing banking, allowing error-free insurance claim processing, […]
