Blockchain is an excellent tool to protect information on the Internet – it allows to store them in open databases in the cloud, while providing guarantees of authenticity and security. It is also possible solution to the “Know Your Client” – known as “KYC” procedure. In this article you will look how blockchain in Know Your Customer technology may change clients, business and government. Continue reading
The insurance industry, despite paying huge premiums, experience big problems with high financial losses. Poor data quality, low efficiency of business processes and multitude of scams are one of the biggest difficulties. Access to blockchain technology will help to eliminate some of problems and slightly modernize the industry. How? Through decentralization, transparency and increase of security, reducing transaction costs and time of its duration. Continue reading
One of the largest and, unfortunately, most inefficient branches of the world economy is agriculture. Long supply chains, old accounting system and bureaucracy are just some of the problems that affect the industry. Blockchain in agriculture is one of the solutions for unfavorable situation. Continue reading
The financial future will certainly be dominated by blockchain technology. An efficient infrastructure of cryptocurrencies will contribute to cost reduction for market participants. Furthermore, it will revolutionize global banking. It will increase efficiency of operations by simplifying settlement of transactions with help of scattered accounting books. Continue reading
Unfortunately, few young people who has just started their professional career or have been working for several years think about the distant future. However, it is worth considering a little earlier to save money for retirement. Pension systems in most countries helps to save money for the future, but they do not fully fulfill its function. To improve the quality of your life at later date, it is good to save on your own account. One of the ideas for an effective investment is retirement capital in cryptocurrency and blockchain technology. Continue reading
Blockchain technology develops very fast. Although new solutions arouse reluctance and lack of trust very often, it is worth to take a look at the next raised actions and see all benefits of using them. Check out what advantages brings blockchain in finance! Continue reading
Blockchain development has an increasing impact on industrial progress. More and more people notice the possibilities that it brings. Blockchain is not just a decentralized system or a secure register. It also means secure user identification, secure storage and intelligent contracts. This technology, through saving specific resources, has contributed to the development of companies and global GDP growth. Continue reading
Blockchain is one of the most dynamically developing technologies that contribute the improvement of work, i.e. large IT companies. Latest reports from China say this technology will be also used to protect copyright infringements which are common problem primarily in copying content issue. Check out how blockchain as a copyright protector can protect people’s work. Continue reading
We are glad to inform that one of the most known Japanese newspaper which specializes in blockchain technology saw potential in FuturoCoin. It is worth to remind that Japanese are leaders on cryptocurrency market. It is a big commendation that such an experienced experts noticed our expansion. Continue reading
We present you 4th episode of our #FTO series – what is a blockchain?
How does this system work? Is it controlled? Who watches over the accuracy of all generated transactions? Hungry for knowledge? Enjoy!