Eplug blockchain news

Plugchain enables optimization of real economy based on multi-chain, cross-chain, high scalability and high concurrency combined with real-life business usecase. Transparent and traceable records Improve the efficiency of capital flow. Improve the authenticity of deposit Increase audit efficiency. Industrial data sharing Synergy revenue.



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WATCH RELATED VIDEO: Blockchain expert predicts the future of bitcoin (and crypto) in 2022

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Blockchain is often touted as the key to improving trust and transparency across industries and moving towards more equitable and collaborative systems. But could it also be the key to a circular economy? To explore the potential for blockchain to support and accelerate circular supply chains, Circle Economy and Circle Lab hosted a series of Twitter chats on June 12, 13, and 14, where they invited people around the world to join the discussion online, share their insights, and explore what problems currently hindering circular supply chains the technology could help solve.

Insights from our conversation below:. First things first: what is blockchain, and what problems is it really trying to solve? A6 My favourite one is bext - really cool application of blockchain for to make the coffee supply more fair and transparent circlechat.

Do you know of other examples? What really makes blockchain unique is its decentralisation, and as such, using the technology really only makes sense in situations where no alternative, centralised solution can do the trick:.

Any problem that can be solved with a central database. Most relevant here, however, is the current inability of supply chain actors to track the provenance of materials, components, and products throughout the chain so that anyone along the way can assert their circularity — from the moment they were first extracted or created, all the way through their many life cycles.

A3 Supply chains have become so complex that it is difficult to have an understanding of the types of materials in products, or where it is sourced from circlechat. Plus who made it, how and where. As we go down the tiers, the visibility and traceability diminishes. By translating complex chains of custodies into distributed, immutable, digital trails, blockchain could enable manufacturers, recyclers, all the way to consumers to confidently assert the circularity of their products:.

A6 circlechat 1. If the solution can capture all circular transactions from manufacture to re-manufacture. Maintains traceability of materials and processes. And the above is verifiable and scalable. Blockchain plays it advantage where multiple parties are involved. Supply chain work more efficiently if you can share information between parties and do not wait for paper trail. And applications already exist! Bext, for example, uses a combination of new technologies, including blockchain, to monitor coffee beans and provide fair compensation to farmers , and A Transparent Company also uses blockchain to improve transparency in the fashion industry!

Blockchain is often cited as a particularly effective solution to situations where there is fraud or lack of trust in a system — but is that really the case? Blockchain's is relevant in scenario with multiple parties that do not trust each other. Just thinking of scrap recycling where you need to proof whether the material is stolen or not. The notion that blockchain can guarantee all data authenticity and cut out the need for trust entirely quickly falls apart when data entered in the blockchain is wrong or tampered with in the first place.

In its most low-tech version, it could simply be a bribery to the person who certifies e. CircleChat thisiscirclelab. If blockchain cannot guarantee data authenticity in a system with inherent trust gaps, what can?

Could pairing the technology with additional processes and on-the-ground, independent certification help ensure the validity of the information? A4 blockchain is a silver bullet in many people's minds and will automatically enable authenticity, but the data that you put into the blockchain needs to be authentic in the first place and a community to verify this circlelchat.

A2: Transactions are unalterable. That's great. Now you need to create the link between a physical object and the digital representation - anything from identifying characteristics, to QR codes etc. It seems like third party audits, tamper-proof technology linking physical objects to their digital identity, and trustworthy partners still have useful purposes to serve in a blockchain-based system — especially where sensitive and hard-to-measure information is involved.

Well a good example, I think this was with diamonds, to use measurable characteristics of an object that uniquely identify it. This ID can then be linked to movements. That's one of the issues with certifying working conditions for fair clothing.

You need to have a independent certifier on the ground that you trust, I believe. Third party audits. But even that can be tricky in countries with high corruption.

If trust still has a role to play in a blockchain world, then so should education, as a change in mindset will be key in getting stakeholders to work together, rather than against each other.

Tech are there, or can be built. But in a larger system, awareness and changing perception is a harder nut to crack. Without that, you can't force anyone to invest, and hence no tech can help. Since the industrial revolution, supply chains have mostly followed a competitive model of doing business, limiting their opportunities to find, create, and leverage synergies.

A3 Sadly, supply chains can be very conservative in the way they deal with relationships and trusted parties, which can hinder collaboration towards circular supplychains circlechat.

A reluctance to share information, deeply rooted in the global race to low costs, coupled with information asymmetry that continues to benefit many actors in the supply chain — regardless of efforts being unnecessarily duplicated — all contribute to a competitive and counterproductive mindset.

Complete transparency is a risk. It is still easier to just do your own thing and make money. Also, a lot of money is made by keeping information secret. A4 circlechat I think the monopolization is a result of limited knowledge in the industry on where to compete and where to collaborate. In supply chains, there can be a thin line between the two. The result is a duplication of efforts for all parties. A5: At second thought: blockchain may actually help to expore just the data you need to share - between partners or competitors that do not trust.

Thus, blockchain could help to deal with confidentiality. Consortium blockchains are another alternative for those supply chain participants that already trust each other but are not willing to share their data in a public forum.

Semi-private and partially decentralised, consortium blockchains are controlled by a number of pre-selected nodes and deliver a number of advantages at the intersection between centralised systems and fully public blockchains.

A5: I believe it helps if you operate not an open, but a consortium blockchain. This would be between business partners that normally have a certain level of trust.

Collaboration and transperency for sure. I may prefer to expose information on current transports or transactions rather in a protected environment of customer supplier and service provider - and not with everyone. Designed properly, a blockchain could enable its participants to collaborate without compromising on key competitive advantages or on confidentiality and privacy issues, and would, in and of itself, present advantageous gains not to warrant additional incentives for participants.

There should be an agreement on standardized information to be shared. It should also consider safety of all supply chain participants, because we're dealing with multicultural industries. A6: My POV: a good blockchain scenario has inherent value through cost savings or efficiency. You would not even need incentives. If you look at it from an end-consumer side: if I can trust a product is genuine and "purposeful", I might pay a premium.

For example:. CircleChat thisiscirclelab A2 ; Honestly, i don't think this is a valid question. Is lack of trust and transparency a technology problem? Would implementing Blockchain, magically increase trust and transparency? I don't get why this needs to be on a blockchain though? Isn't the biggest trust issue that the temperature measurement is not being tampered with rather than the data collector being untrustworthy?

Why do we need Blockchain for tracking and monitoring? This is already being done by so many logistics systems. This is a good point, many applications seem to plug blockchain technology because of the hype rather than it having an actual use case circlechat.

As tempting as delving into the world of blockchain is, we should be cautious not to try and fit square pegs into round holes. Energy consumption in blockchain is an issue today, but does that mean that we should wait with circulareconomy applications?

Is the energy use of blockchains offset by the environmental positive impact they can make by improving circular economy applications? Is there any research or scientific evidence on this? To drive the adoption of and improve the technology, we definitely need more organisations and individuals experimenting with blockchain, and there is great potential for the technology to address key circularity barriers.

But ultimately, the circular economy calls for systemic change, and technology is but one of the many drivers we need along the way. Sign up for the Circle Lab newsletter to stay in the loop on upcoming work around blockchain. What is the circular economy? Key elements of the circular economy People in a circular economy Circular economy frameworks Going Circular Documentary.

Focus areas. About us. News Events Blogs. Circularity Gap Report. June 26, Could it be both? Insights from our conversation below: A primer on blockchain First things first: what is blockchain, and what problems is it really trying to solve? CircleChat — Circle Lab thisiscirclelab 12 June What really makes blockchain unique is its decentralisation, and as such, using the technology really only makes sense in situations where no alternative, centralised solution can do the trick: Any problem that can be solved with a central database.

A3 Supply chains have become so complex that it is difficult to have an understanding of the types of materials in products, or where it is sourced from circlechat — Shyaam Ramkumar shyaamramkumar 13 June Plus who made it, how and where. How certain can I be of the materials used in a product and the origins of those materials? How scalable is achieving visibility? Garbage in, garbage out Blockchain is often cited as a particularly effective solution to situations where there is fraud or lack of trust in a system — but is that really the case?

Else, it would be another system with garbage in and garbage out.



PL^Gnet $plug Chart, Price and Contract

The Zebpay crypto platform has recently announced that it is going to be exploring wider crypto market opportunities which would include assets such as digital collectables. The exchange has decided to spread its wings into the nonfungible token game which comes after the launch of a new marketplace known as Dazzle. Furthermore, NF tokens are different to cryptocurrencies because they can cover unique metadata. This means they can vary in their level of rarity.

I assume that just means the blockchain dat file is messed up, or maybe a dep on Meshnet + Crypto + Distributed Computing + IoT: #ePlug.

A collection of interesting networks and technology aiming at re-decentralizing the Internet

We discuss what he sees as the 'core' Blockchain technologies for enterprise, his key learnings from taking both Public and Private Blockchain platforms into production, and his forecast for when we will see emerging domains like Zero Knowledge Proofs, Interoperability and Blockchain-enabled AI being ready for prime time. Anthony: Welcome back, everybody. Today, it's a technical masterclass. We're going to talk through the state of blockchain technology in , and I'm joined by Antonio Senatore. He's the global CTO for blockchain at Deloitte, a good friend and a former colleague of mine. Antonio, welcome to the show. Antonio: Thank you, Anthony.


Blockchain and the Circular Economy: An Exploration

eplug blockchain news

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Building blockchain into your application network

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Plug Power Inc. (PLUG)

To make the distributed Web 3. It is here that interoperability plays a vital role. The Bitcoin blockchain was launched in Since then, many other blockchains have been created with their own protocols and ecosystems. As of , there are around 9, active blockchain projects in the GitHub repository. Each of those projects has its protocol and is implemented using a specific programming language. In , PwC surveyed executives from 15 distinct regions regarding the status of blockchain projects at their companies. The absence of standards in blockchain may give freedom to developers but it is also likely to give IT departments a headache in case blockchains lack interoperability and cannot communicate.

Market looking healthy. Follow for upcoming news, coin updates and more. #cryptocurrency #blockchainplug #BITCOIN #ETHEREUM #EOS.

Ep. 141 – How can blockchain and insurance be good bedfellows? – Insights from AXA

London-based blockchain accelerator for startups, StateZero labs, is set to welcome its first batch of startups as from January The initial opening will see StateZero choose six startups as the first cohort to benefit from their dedicated blockchain lab. The startups lucky enough to be selected will get adequate technical help to build solid foundations for their businesses with assistance from StateZero labs. The PLUG technology is a next generation framework developed for building ready-made blockchain-based applications for organizations of all sizes.


Blockchain Techologies For the Energy Access Sector

RELATED VIDEO: This Huge Bet on Blockchain Could Change A $50 Trillion Industry

Blockchain is the automated ledger that underpins the digital currency Bitcoin, tracking where digital coins are spent and swapped, whilst also ensuring a level of authenticity and security over who actually exchanges these items. Accenture believes that the plug, which is currently just a proof-of-concept POC , could ultimately help those on lower incomes who pay directly for power. The smart plug prototype works with other connected gadgets in the house that monitor power use. When demand is high or low it searches for energy prices and then uses the modified Blockchain to switch suppliers if it finds a cheaper source.

Blockchain is often touted as the key to improving trust and transparency across industries and moving towards more equitable and collaborative systems. But could it also be the key to a circular economy?

Retail funds are experiencing a slow-burn revolution as blockchain technology is quick gaining a foothold within the business. Within the US, firms like Walmart and Amazon have began to recruit blockchain and crypto consultants to hitch their groups. Alibaba just lately launched a market that can enable the typical shopper the chance to check out a brand new digital expertise by blockchain funds on a belief platform. If finished proper, they will use this chance to enhance their enterprise know-how whereas understanding what their customers interact with. Jones is a know-how chief who loves constructing good options that resolve laborious issues. He has intensive expertise in digital transformation, built-in model know-how technique, and administration consulting. One of many the reason why retail firms ought to think about distributed ledger technology is to have higher supply chain and inventory management.

Blockchain technology reduces transaction costs: recording every transaction, it can be identified on the public record by all parties of the transaction. Therefore, also in the energy sector, blockchain technology has the potential to play a significant and potentially game-changing role:. It also records the provenance of renewable electricity generated, with clear details of source type, time, location and CO2 emissions.


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