Blockchain technology will continue its deployment into other areas of use in 2026. Its application for tokenizing assets, cryptocurrencies, and digital finance will deepen.

Other sectors will seek to leverage blockchain technology to the fullest, such as governance, where states could “begin implementing distributed ledger technology (DLT) systems to replace traditional paper-based systems.”

In marketing, blockchain is useful for measuring the reach of advertising campaigns and assisting in the collection of data on customer behavior.

The uses of this innovation in the medical field could be geared toward the development of “applications to manage patient data, control the supply of medications, automate transactions for medical examinations and treatments, and more.”

M.Pino

Source: bap-software

(Reference image source: Jakub Żerdzicki on Unsplash)

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La entrada Future uses of blockchain technology apareció primero en Bitfinance.

The eighth edition of Crypto Latin Fest will be held on August 21st and 22nd at the Botanical Garden of Medellín, Colombia, sponsored by the global crypto exchange platform Bitfinex.

The event, one of the most important in Latin America, will bring together regional specialists in bitcoin, cryptocurrencies, and decentralized finance. It is a convening event for “industry leaders, developers, investors, and enthusiasts, with the goal of sharing knowledge, promoting innovation, and facilitating connections around digital assets and blockchain technology.”

Bitfinex, the exclusive sponsor, will present a regional study analyzing “opportunities for different types of investors in the region.” Its participation in the eighth edition of the festival will be active, analyzing topics such as “banking systems and digital assets, regulation and legal aspects in Latin America, Liquid Network, and success stories.”

The Crypto Latin Fest will be the ideal place to foster interaction with key players in the sector and decision-makers, which will help consolidate “its importance in shaping the future of the crypto landscape in the region and beyond.”

M.Pino

Source: mercado.com.ar

(Reference image source: Kanchanara on Unsplash)

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La entrada Eighth edition of Crypto Latin Fest will be held in Medellín apareció primero en Bitfinance.

The capital of Uruguay, Montevideo, will host the Blockchain Summit Global 2025 this Friday, July 25, a highly important event in the digital finance sector, where more than 20,000 people are expected to attend.

The city “will become the most important meeting point for the Spanish-speaking Web3 community,” hosting this new edition of the event at the Radisson Hotel, “which has brought together leaders of the digital ecosystem since 2018 to discuss the future of blockchain, digital assets, artificial intelligence, and more.”

It will be held in a hybrid format; that is, with in-person participation and live-streaming for audiences connected from around the world. “In previous years, the Summit attracted more than 20,000 registered attendees, with more than 4,000 virtual attendees and 400 in-person attendees per edition.”

The Blockchain Summit Global 2025 will be a space to learn about the most relevant aspects of the technological world in this area: “blockchain, Web3, digital assets, NFTs, tokenization, DeFi, AI, cybersecurity, fintech, and IoT.” International and regulatory experts will participate, as well as entrepreneurs and leading figures in the sector.

The agenda includes keynote addresses, workshops, panel discussions, live Q&A sessions, as well as high-level networking with companies, startups, and public organizations.

M.Pino

Source: cripto247

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La entrada Montevideo to host Blockchain Summit Global 2025 apareció primero en Bitfinance.

The owner of Tesla, Elon Musk, seeks to implement blockchain technology in the country’s government to help significantly reduce federal spending, as well as achieve greater transparency and data protection.

The director of the Department of Government Efficiency (DOGE) had already declared before joining the cabinet his intention to reduce federal spending between 1 and 6.5 billion dollars “to help balance the budget.”

Likewise, the department headed by the owner of SpaceX, Starlink and the social network X, is analyzing studying “the use of blockchain to protect data, make payments and manage properties as part of the drive for efficiency” of said agency.

The idea of ​​implementing blockchain technology in government affairs had been raised by former presidential candidate Robert F. Kennedy Jr. during a hearing at a rally in Michigan, where he stated: “Every American can look at every single line item in the entire budget, whenever they want, 24 hours a day. We’re going to have 300 million eyes on our budget. If someone spends $16,000 on a toilet seat, everyone will know about it.”

M.Pino

Source: cointelegraph

(Reference image source: Tim Mossholder on Unsplash)

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La entrada Musk supports the use of blockchain technology in the United States government apareció primero en Bitfinance.

The tokenization of real assets, or Real World Assets (RWA), refers to the digitalization of physical assets, such as a work of art, real estate, with which one wishes to make a profit.

It is the tokenization of tangible assets through blockchain technology; that is, everything that can be traded. The trend is on the rise this year and promises dividends to investors. “This process is similar to dividing a large asset into smaller, more accessible parts, allowing more people to participate in its ownership and investment. A common example is the tokenization of a building: instead of a single person or entity owning the asset, digital tokens representing parts of the property’s value can be acquired by many investors.”

In the process, the first step is the identification and valuation of the asset to be tokenized. This value is then divided into digital tokens, a fraction of the total that becomes fractional to allow the purchase in small parts.

Then, the second step is to comply with the laws and regulations that are represented through special purpose vehicles. They allow guaranteeing the correct backing of the asset and that it is transferable according to local laws.

The creation of smart contracts for this commercialization is the third step. They are executed, as is known, through the blockchain in an automatic and secure manner.

The fourth step is the selection of the blockchain platform for the issuance and management of the tokens. The Ethereum, Polygon, and Solana platforms are known, among others.

M.Pino

Source: cripto247

(Reference image source: Shubham Dhage in Unsplash)

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La entrada Tokenization of real-world assets is on the rise apareció primero en Bitfinance.

One of the most important events in the crypto sector, the Blockchain Africa Conference 2024, will take place in Johannesburg on November 20. More than 350 speakers will meet in one place at an event organized by Bitcoin Events at the CSIR International Convention Center.

Almost 10,000 people from more than 160 countries are expected to attend to learn about the latest in blockchain and cryptocurrencies, innovation, crypto exchanges. Debates and discussion panels will address a rich and interesting agenda.

According to information on the official conference page, the conference will “delve into transformative concepts, market disruptors, key industry trends and emerging technologies that are shaping the market of the future. With a special focus on Africa, we will explore the global trends, opportunities and challenges facing market players looking to leverage blockchain technology and cryptocurrencies.”

“The Blockchain Africa conference is an event that captivates and educates a global audience as bitcoin events continues to educate the African community, spreading awareness and fostering networking within the space,” they say on the official site.

Among the topics that the conference will address are “blockchain-based use cases in financial and non-financial industries,” the regulation of digital assets, as well as the “barriers and challenges of blockchain technology.”

The organizers hope to satisfy the audience with up-to-date content on blockchain technology and the opportunities it presents for Africa, its application in different industry sectors, as well as being able to establish business connections and alliances with strategic partners.

M.Pino

Source: blockchainafrica

(Reference image source: Getty Images for Unsplash+)

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La entrada Blockchain Africa Conference 2024 is on November 20 apareció primero en Bitfinance.

Blockchain technology arrived at the Vatican Library to make the leap to Web3 with the tokenization of the historical manuscripts kept there. This initiative will allow its preservation and legacy to be prolonged.

It is one of the oldest and most prestigious libraries in the world. It will now proceed to the digitization and accessibility of documents dating back centuries.

The library has confirmed that in the middle of this year, the “tokenization of 21 ancient manuscripts began, allowing these documents to be accessible in the digital world in a secure and verifiable manner. Using blockchain technology, each manuscript is represented as a non-fungible token (NFT), which guarantees its authenticity and provenance.”

The technique will not only provide greater protection to valuable documents, “but also democratizes global access to them. Now, scholars, researchers and history enthusiasts around the world can explore these texts without having to travel to Rome.”

Without a doubt, the measure constitutes an opening to new possibilities for education and historical research, bringing the knowledge stored in the manuscripts of the Vatican Library to more people.

This joint project between the Vatican Library and companies in the technology sector, particularly in the blockchain segment, has made possible the transition towards the digitization and tokenization of manuscripts.

They hope that in a short time, more of the collection can be included, demonstrating that “traditional institutions can take advantage of emerging technologies to preserve heritage and expand their reach. “This integration of old with new offers a model for other libraries and museums around the world to follow.”

M.Pino

Source: cripto247

(Reference image source: Unsplash+, in collaboration with Getty Images)

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La entrada Vatican Library began tokenizing historical manuscripts apareció primero en Bitfinance.

In a recent report from the Armed Services Committee, the US Senate addressed the Secretary of Defense, retired General Lloyd Austin, to request that blockchain technology be tested in supply chain management and other national security applications within the Department of Defense.

The Committee issued the report this July 9 requesting this evidence for the Fiscal Year 2025 Act, pointing out the advantages that said technology can contribute to national security, and mentions specific programs for the Army, Navy, Air Force and Defense in general.

Blockchain technology could “improve US national defense supply chains and economic competitiveness.” In this sense, they highlight its “potential to improve the cryptographic integrity of the defense supply chain, improve data integrity and reduce the risk of manipulation or corruption of certain types of data by close competitors.”

Another key point towards which the use of blockchain can be directed is the creation of “secure, transparent, responsible and auditable data related to supply chains.”

A date of April 1, 2025, was set for the issuance of another report with specific findings in six key areas, such as a pilot research and development program to explore the use of blockchain technology in national security applications, “including security management. supply chain, cybersecurity for critical infrastructure assets and procurement auditability.”

M.Pino

Source: cointelegraph

(Reference image source: Chad Stembridge in Unsplash)

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La entrada United States Senate proposes use of blockchain in the Department of Security apareció primero en Bitfinance.

The Paris Blockchain Week 2024 will bring together experts in areas related to this technology in the French capital, from April 9 to 11.

The Paris Blockchain Week will allow the meeting of experts from Binance, Circle, Bitpanda, Ledger, Ripple, Polygon, Stellar, Rarible, among others, who will address key aspects connected to cryptocurrencies, decentralized technology, digital finance and their challenges.

The regulatory issue and security of digital assets does not escape this important meeting in the crypto scenario, taking into account the increase in its adoption in the world.

Speakers will be sharing advances in traceability, NFTs, the gaming world; payments, infrastructure and services; investments, wallets, custody and data management as areas in which blockchain technology is directly involved.

Innovation in the financial field, the European scenario and the global challenges for the construction of the decentralized digital system are the main focus of the presentations at this event that will take place in Paris.

Artificial intelligence and its impact on digital finance, as well as recent advances, is also a topic that experts will address at the three-day conference in Paris.

M.Pino

With information from parisblockchainweek.com

(Reference image source: Unsplash+, in collboration with Getty Images)

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La entrada Paris Blockchain Week will be from April 9 to 11 apareció primero en Bitfinance.

The countries that make up the BRICS group are now betting on a more convenient payment system, based on blockchain technology. The objective is, from the beginning, to free ourselves from economic and financial dependence on the US dollar.

The BRICS – Brazil, Russia, India, China and South Africa – believe that the key is to “make sure it is convenient for governments, ordinary people and businesses, as well as profitable and free of politics.”

The leaders of these nations seek a permanent commitment to increase payments and transactions in their national currency, as well as “strengthen correspondent banking networks to ensure secure international transactions.”

The leaders of the BRICS countries are already talking about a “new digital paradigm”, as a single united front against dependence on the dollar.

Added to this are initiatives to create its own digital currency, such as in the case of Russia, with the digital ruble that facilitates “cross-border settlements and strengthens Russia’s global financial position.”

This is just one example of the current efforts of the BRICS in the dynamics of the world economic order, relying on blockchain technology.

M.Pino

Source: beincrypto

(Reference image source: @BRICSinfo, X)

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La entrada The BRICS work on a blockchain payment system apareció primero en Bitfinance.