Article: The Next Industry Open Data Will Shake Up

Civil Society, Data, Innovation, Open Source

The Next Industry Open Data Will Shake Up

There’s so much hype around the idea of open data regimes that the natural inclination is to be cynical and say it will never deliver on its promise.

But let’s suspend our cynicism, if only for a while, and imagine a world where compliance-driven open data regimes (actually) put power back into the hands of consumers. The consumers’ decisions then drive significant change among providers and, as a result, change the world for the better.

Consumers already have so much information and data on their phones and already have the power to change.

With these kinds of tools in their pockets, the power to change will literally be at our fingertips.

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Article: How Cryptocurrencies Can Reduce Poverty in Developing Countries

Civil Society, Crypto, Money

How Cryptocurrencies Can Reduce Poverty in Developing Countries

Cryptocurrencies have proven to be the most secure, transparent, and adequate financial tool realized in the modern age. It eliminates significant challenges presented by local currencies and, as a result, continues to improve the global economy.

Developing countries share one common challenge, and that is fraud. With the aid of digital currencies, trust and security for financial investments get restored, and in the long run, the global economy develops. As proven from this article, using cryptocurrencies in developing countries is very advantageous in boosting their economy.

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Article: Education Solutions Look to Implement Blockchain Technology

Academia, Blockchain

Education Solutions Look to Implement Blockchain Technology

As demand for online education grew, the technological capacity to facilitate this demand had grown as well. New innovations, methods and business model are constantly being implemented in the online education segment. In particular, blockchain technology could offer several significant solutions to this segment. For example, according to a report by Forbes, having a blockchain-based system to record the accreditation, track the changes over time, and enable the instantaneous verification of credentials and degrees would help increase transparency, and trust.

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Article: Will Blockchain Disrupt Government Corruption?

Blockchain, Governance

Will Blockchain Disrupt Government Corruption?

At its core, the problem blockchain seeks to address is to ensure the security and integrity of information at a time when there is increasing concerns about data privacy and declining trust in government. It is a technology that allows one to record assets, transfer value, and track transactions in a decentralized manner, ensuring the transparency, integrity, and traceability of data without a central authority to authenticate the information. It is essentially a system to encrypt information and a shared database. It is based on a consensus mechanism amongst trusted parties to certify the information and validate transactions.

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