Tag: Decent Work and Economic Growth

Blockchain for Governments

noohshamsie

While some government officials are still in a wait-and-see mode, others see significant advantages in moving ahead now with what they see as immediate solutions and innovative technology implementations that may pay off in the long run. There are many examples of use cases across countries including: the European Union (EU  – anti-counterfeiting), Estonia (Digital Government), US (FDA, DHS, HHS, GSA  – security, anti-counterfeiting), China (Payments), India (Payments, Land Registry), Switzerland (Identity), Denmark (Voting), Dubai (Digital Government), Georgia (Land Registry), Gibraltar (Stock Exchange), and many more (Woods, 2018). Besides these…

Blockchain and Fintech

noohshamsie

Various reports and the number of Blockchain use cases implemented suggest that the financial sector stands to gain the most from Blockchain-based service implementations. Some of the many use cases discussed below are to highlight only the most obvious use cases. Trade Finance In trade finance Stock and Share sale and purchase transactions that can sometimes take two to three day are made through brokers and exchanges for clearing and settlement it requires tedious processing through paper and electronic media. Each party including middlemen maintain their record of transactions or…

Blockchains and Trust

noohshamsie

“There is one thing that is common to every individual, relationship, team, family, organization, nation, economy and civilization throughout the world — one thing which, if removed, will destroy the most powerful government, the most successful business, the most thriving economy, the most influential leadership, the greatest friendship, the strongest character, the deepest love. On the other hand, if developed and leveraged, that one thing has the potential to create unparalleled success and prosperity in every dimension of life. That one thing is trust.” The speed of Trust, by Stephen…

How India can capitalize on its demographic dividend through blockchain

sdgadmin

India is known for its demographic dividend which can propel it to become the next China-like story or even better. For those of you who don’t know, demographic dividend as defined by the United Nations Population Fund means, “the economic growth potential that can result from shifts in a population’s age structure, mainly when the share of the working-age population is larger than the non-working-age share of the population.” India sits at the helm of this demographic dividend because half of India’s current population of over 1.2 billion is under…