Blockchains are delivering certainty and transparency to processes like payments, provenance, customs, and logistics, which is assisting in streamlining notoriously complex global supply chains.
Problem 🔻
Different blockchains are used by supply chains and financial systems, making it difficult for them to work together. The full potential of blockchain for supply chains and trade finance won't be realized until this interoperability barrier is resolved.
Solution ✅
#Quant solves the issue at its root by enabling full DLT interoperability. $QNT #QNT
Stakeholders are not required to use the same single-DLT instance and can enjoy all the advantages of an interconnected ledger.
Rekeying is a powerful protocol feature which enables an #Algorand account holder to maintain a static public address while dynamically rotating the authoritative private spending key(s).
This is done by executing a "rekey-to transaction," which modifies the account object's authorized address field.
Blockchain can let tax authorities, regulatory agencies, and other accountable organizations analyze transaction patterns more easily. Self-declarations, enforcement, or anti-money laundering efforts can all be made simpler with its help.
Context (2)
Blockchain is transforming the financial industry by accelerating processes, boosting security, getting rid of intermediaries, and giving customers more control.
1. Through #DAG's state channels and L0 standard, #Constellation makes it possible for anybody to access the cryptocurrency ecosystem and incorporate blockchain technology into already-existing systems and applications. $DAG
2. Existing token standards let you generate and mint a cryptocurrency but don't include any business logic or accountability. #DAG $DAG
1. Without usernames or passwords
On mobile or portable HSM devices like the Ledger wallet or YubiKey, fingerprint or face recognition technologies can be used to maintain privacy and prevent cross-border tracking. #icp $icp #internetcomputer
2. No Tracking
Users who utilize the Internet Identity identification system won't be able to be followed across applications and services. #icp $icp #internetcomputer