Jack Ma led Alibaba files Patent for Blockchain Technology System

Chinese e-commerce giant Alibaba has filed a patent with the USPTO ( U.S. Patent and Trademark Office)  in order to secure the rights to the blockchain-based system that allows a third-party administrator to intervene in a smart contract in case of illegal activities. The patent filed in March describes a blockchain-powered transaction method that enables authorized parties to freeze or... Continue Reading →

Blockchain: Stairway to Heaven or Highway to Hell?

Blockchain is a simple concept but arduous to implement. It has the potential to radically revamp governance, money, agriculture and pretty much everything else especially in developing countries. There are essentially five points that one needs to understand when they talk about blockchain: It is a digital ledger consisting of economic transactions that could be... Continue Reading →

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