5 Years Ago

How where and why Blockchain is being adopted by various industries
 
Both Blockchain technology (and the Digital Assets created by it), not only have the potential to, but actually are transforming governments, industries, and even people’s behaviour globally. While Blockchain technology has been around since the 1970s it was not until 2008, following the financial turbulence that resulted in the collapse of Lehman Brothers and the creating of Bitcoin, that the technology was broadly unknown of (apart from in academic circles). Bitcoin harnessed Blockchain technology, allowing people to do what British Petroleum refer to as being able to carry out “Trusted...


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Commodity-backed Digital Assets announced from one of the world’s major commodity producers.
 

 
Nornickel, based in Russia, is one of the world’s biggest commodity producers which smelts nickel and palladium, and employs over 93,000 people. Nornickel’s largest shareholders include the Russian oligarchs,Vladimir Potanin and Roman Abramovich. Nornickel, which is quoted on the Moscow and the London Stock Exchanges and has market capitalisation of over £32 billion, has just announced that it is launching a Digital Asset, backed by palladium.
Nornickel and the German manufacturer, BSAF, have unveiled plans to build one of the world’s biggest factories making electric car batteries (to meet the...


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Joined 7th February 2019