Blockchain technology has the potential to revolutionize the world of finance, rendering banks, notaries and licensing rights authorities obsolete. How does it work?
A further drop in the value of Bitcoin and other cryptocurrencies has recently left investors nursing heavy losses. Many proponents are holding out for a new breakout, if their digital assets can go mainstream.
After all, it's better to play it safe. As it becomes a global tech power, China is investing in technologies that have pitfalls, including blockchain technology, says DW's Frank Sieren.
Blockchain can trace everything from green supply chains to emissions cuts, enable green energy trading and convert plastic waste into cash. A host of initiatives and start-ups are getting in on the technology.
Migration is on the rise in many nations. For those living outside their home country, Bitcoin remittance platforms offer a quick and cheap alternative for sending money back home to friends and family.
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