Walmart is another big name that has chosen to pursue a blockchain-based path.
According to reports, the company has filed for a patent that will allow for blockchain to govern its energy management system.
The US Patent and Trademark Office (USPTO) has released a document recently revealing Walmart’s patent “for managing demand on an electrical grid using cryptocurrency and blockchain technology.”
For Kenya, it is opening up a $20-billion economy while also giving hope to American cities to be the great equalizer.
Kenya’s economy sees a bright future thanks to blockchain technology that has been helping its informal economies evaluate creditworthiness of traders.
According to reports, startups have turned to the use of distributed ledges in support of informal economies in countries like Kenya.
Additionally, experts pointed out previously that distributed ledgers are helpful in improving the organization of data.
If lack of finance is addressed then there will be more opportunities to rise for the region.
“Access to credit in the informal sector is not well-known because the data is neglected,” Bloomberg quoted Anzetse Were, a development economist based in Nairobi.
Walmart is another big name that has chosen to pursue a blockchain-based path.
According to reports, the company has filed for a patent that will allow for blockchain to govern its energy management system.
The US Patent and Trademark Office (USPTO) has released a document recently revealing Walmart’s patent “for managing demand on an electrical grid using cryptocurrency and blockchain technology.”
For Kenya, it is opening up a $20-billion economy while also giving hope to American cities to be the great equalizer.
Kenya’s economy sees a bright future thanks to blockchain technology that has been helping its informal economies evaluate creditworthiness of traders.
According to reports, startups have turned to the use of distributed ledges in support of informal economies in countries like Kenya.
Additionally, experts pointed out previously that distributed ledgers are helpful in improving the organization of data.
If lack of finance is addressed then there will be more opportunities to rise for the region.
“Access to credit in the informal sector is not well-known because the data is neglected,” Bloomberg quoted Anzetse Were, a development economist based in Nairobi.
