The Future of Blockchain Technology in Resource Management

Pornpitra Laosirihongthong
BlockTrain
Published in
3 min readJul 2, 2021
Taken from https://www.thaifrx.com/

宏观新闻 General News

Beyond Oil™ Launches Smart Contract Driven Eco-Friendly Oil Production

“Beyond Oil™ has officially launched the Solar Oil Project — the blockchain powered decentralized oil production platform that recycles abandoned oil wells to produce oil while eliminating a trillion dollar ecological nightmare.

SOP eliminates third-party interference allowing direct interaction between the Operators, Manufacturers, and installers.

SOP connects Well owners, Consumers, and Equipment providers thereby forming a triangle form of partnership. It achieves this by incorporating the blockchain technology that operates on a peer-to-peer protocol.”

Fake Covid Certificates, Stolen Vaccines Sold on Dark Web for Bitcoin

“Falsified COVID-19 vaccination certificates, stolen vaccines, and falsified doctors’ signatures are being sold on the dark web for bitcoin.

According to a report on Thursday from blockchain analytics company Coinfirm, vendors have been selling the certificates and vaccines for a range of cryptos including bitcoin, ether, dash, litecoin, tron, monero and zcash.

The company says these particular types of crypto are being chosen either due to their ubiquitousness in global crypto trade or because of the anonymity afforded as privacy coins.”

专业发展 Enterprise Development

Unicly to Launch Fractionalized NFT Auctions on Sushi

Unicly is partnering with Sushi to implement their solution for auctioning fractionalized NFTs.

Fractionalized NFT collections are currently wrapped under the name of “uTokens” and are traded on Unicly’s exchange, allowing people to complete transactions with ease. Incorporating SushiSwap’s MISO-based auction mechanism grants these uTokens better price discovery and helps platform users make purchases at optimum price.

Not only will this benefit buyers, but uToken creators will also benefit from no longer needing to front all capital to provide liquidity. The first uToken MISO auction will be for the new Genesis Mooncats Collection at 11am EST on July 5th.

专业分析 Specialist Analysis

How to Assess the Maturity of a Network and DeFi Ecosystem

“The lifeblood of DeFi is smart contracts, which enable the system to work free of a central figure while keeping track of every single transaction on the blockchain. Smart contracts process these loans, for example. Fundamental network aspects like the cost of contract deployment and transactions create friction and influence the way applications work.

The future of the internet and finance will be sums of networks and applications that allow for smoother transaction flow, fast settlement, efficient lending, and trusted systems.

Combined, these core verticals listed should help readers understand the stages of networks and how they relate to DeFi or help them assess where certain technologies are in development.”

法律监管 Policy & Regulations

Bank Of England Begins to Assess the Potential Of Digital Currency

Rishi Sunak, Chancellor of the Exchequer of England, announces potential implementation of digital assets in the United Kingdom.

Due to Brexit and the controversy between the European Union and the United Kingdom, the latter will be forced to independently develop their own cryptocurrency assets. The chancellor says that the UK will be ready to cooperate with global financial challenges in the interest of its state policy, and aims to sign a treaty with the EU to achieve equivalence in financial services.

In addition, Sunak claims to be in the process of developing ways to introduce cryptocurrencies and managing the impact of new technology trends in the British economy.

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