Category Archives for General Interest
Supply Chain, Blockchain, & Evolving Paradigms of Pandemic Magnitude
PPE, Ventilators, government aid for citizens, and even scientific research on COVID-19 developments — it has never been more important to efficiently deliver product, services, and data to one another. Yet, when we needed our corporations & governing bodies to act most swiftly, people were instead faced with confusion, distrust, and delay. Through the Pandemic, […]
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A World of Digital Payments
As more and more people work from and stay mostly in the confines of their own homes, cash payments have faced large declines and digital payments have faced truly explosive growth. Traditionally, many groups and individuals have been restricted from switching over to mostly digital payments by either digital exclusions, because the businesses or financial […]
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A Reflection on How Far We’ve Come
On January 3rd of 2009, Satoshi Nakamoto mined the Genesis block—number 0—of Bitcoin, earning a 50 BTC reward. In the years to follow, crypto adoption grew and grew. It grew from small message boards on the internet (where 10,000 BTC were spent on two Papa John’s pizzas!) to formalized exchanges, from Bitcoin and proof-of-work alone […]
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Blockchain Gaming Expands Stay-At-Home World’s Horizons
As the COVID-19 pandemic continues to sweep the global landscape, people across the world are learning to get accustomed to their new stay-home-world. Certain sectors such as broadcast media, commodity delivery, and gaming are seeing unprecedented growth; whereas, other legacy industries are being forced to innovate after decades of stagnancy. However – all-in-all – there’s […]
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Emerging Blockchain Use Cases: DeFi
Over the past 2 years, the blockchain space has started to see projects achieve real traction. Although extremely early, the movement of decentralized finance or DeFi has been achieving real progress with over $500 million in value currently locked up. The premise of DeFi, as conveyed in its name itself, is to challenge the traditional […]
Continue readingOPEN Leading the way in the future of Blockchain
Blockchain technology is likely one of the most impactful discoveries in recent history, with the ability to revolutionize industries and fundamentally change the way the world works. Although blockchain technology is a relatively recent innovation, its potential uses and ability to disrupt existing industries are unparalleled. Currently, industries like real estate have very limited adoption […]
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DApps: The Next Big App Store?
It may feel impossible to think about going an entire day without using applications. Apple and Google are directly responsible for the success of the app market, a thriving global industry that’s estimated to be worth $6.3 trillion in three years. But a decade ago when apps were just becoming popular, the industry was a […]
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The Blockchain Future of Software Applications
The popularity of blockchain technology has brought a lot of attention to the idea of decentralized databases. As a result, decentralization has become a buzzword overestimating its actual use case. The truth is that most future applications probably aren’t going to be purely centralized or decentralized as there are distinct advantages to both. While decentralization […]
Continue readingWhy OPEN is More Relevant Than Ever
Last week, two things happened that caught our attention: 1) Telegram was banned from the App Store 2) major credit card companies revealed they were planning to increase interest rates for any transaction dealing with the purchase of cryptocurrencies. To us, this means the technology we’re building at OPEN is more relevant than ever. SHOULD […]
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What will the Future be like with Decentralization
By Chase Smith The current system uses a variety of disjoint systems that have to interact through flimsy bridges. The companies that create these bridges often have a monopoly on who can cross and for what kind of toll. We see these kinds of companies when people deal with payments, but also in any […]
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