Blog

July 22nd, 2019

Digital Asset Modeling Language (DAML) Use Case Demo

Digital Asset Modeling Language / OpenCrowd

As blockchain technology continues to gain traction, companies have quickly become dependent on multiple distributed ledgers.  Until recently, if a company wanted to have a smart contract run on multiple blockchains, they would have to write smart contract for each separate blockchain, with each contract written in a different language unique to that blockchain.  This is expensive, laborious, and time-consuming for a business. Enterprises using multiple blockchains are better off standardizing on technologies to achieve efficiency, but this has not been possible to date.

To address these issues, DAML was created as a language for developing concise and secure smart contracts that are executed in a standardized format across different private distributed ledgers.  DAML is designed to simplify and remove some of the complexities involved in smart contract development, allowing developers to focus on implementing the behavior and logic of created contracts.

June 4, 2019

OpenCrowd at the Blockchain for Impact Global Summit 2019

March 8, 2019

Can Blockchain Save the Global Farmer?

Blockchain for Impact 2019

World leaders returned to the United Nations yesterday for the second Blockchain for Impact (BFI) global summit. An invite-only event, BFI aims to bring together global dignitaries, founders, and practitioners to help address many of the urgent problems our society faces today, as outlined by the UN’s 17 Sustainable Development Goals (SDGS). The summit served as an opportunity to showcase blockchain use cases for the UN and world governments in areas such as ocean restoration, data privacy, and women in the tech sector workforce, as well as use cases currently being utilized by smaller nation-states Liechtenstein and the Republic of the Marshall Islands (RMI). Speakers included Dr. Hilda Cathy Heine, President of the Republic of Marshall Islands, and Adrian Hasler, Prime Minister of Liechtenstein; Dr. Adonia Ayebare, Ambassador of the Republic of Uganda to the UN; and Dr. Eva-Marie Muller-Stuler, Chief Data Scientist at IBM.

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May 24, 2019

OpenCrowd at CryptoNouveau 2019

March 8, 2019

Can Blockchain Save the Global Farmer?

Crypto Nouveau Sponsors

The sentiment of CryptoNouveau event on Bleeker Street during New York Blockchain Week was vibrant in the wake of the latest surge in crypto prices. It appears that many members of the blockchain community buckled down to build product and stayed under the radar while marketing was kept to a minimum. The results speak for themselves; the foundation of decentralized ledger technology has evolved in tremendous strides since last year’s event, and we cannot wait to see how the technology continues to mature in the coming months.

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May 13, 2019

OpenCrowd at Blockchain Week 2019

March 8, 2019

Can Blockchain Save the Global Farmer?

Blockchain Week Live Updates

New York City Blockchain Week 2019 officially kicked off on Friday, and we couldn't be more excited to participate in some of the great events scheduled for this week.  Be sure to refer to this post for daily updates, recaps, and more from the OpenCrowd team as we navigate this monumental week for the blockchain industry.

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April 23, 2019

OpenCrowd at Synchronize 2019

March 8, 2019

Can Blockchain Save the Global Farmer?

Synchronize Blockchain Crypto Panel

Originally seen in Medium

Numerous crypto-curious institutional banks gathered for Synchronize 2019, a crypto and blockchain technology-focused conference, last Wednesday in downtown Manhattan. The main topic of discussion concerned the question of when the institutional banking industry will embrace mass adoption of blockchain technology and crypto.

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March 8, 2019

Can Blockchain Save the Global Farmer?

March 8, 2019

Can Blockchain Save the Global Farmer?

Can Blockchain Help Global Farmers?

Originally Seen in Medium

The biggest challenge facing farmers worldwide is not global warming, or the threat of crop failure, but the poor quality of capital available to them. Farmers face sustained financial pressure from poor capital terms, and the potential loss of livelihood has caused many to take their own lives. Farmer suicide is now a global crisis that is not limited to developing economies, and can be seen even in developed countries such as Australia, France, and the US.

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As Blockchain continues its rise to widespread mainstream adoption, new use cases will continue to arise and spark innovative development.  As a Blockchain solutions firm, we get asked almost daily if Blockchain can be used as a regular data store similar to SQL and other common relational database management systems.  Almost always our response comes down to the following description of what Blockchain has to offer and how it should be leveraged for specific use cases. As time goes on and increases are made to the scale and transaction speed at which the Blockchain can operate, the use cases for Blockchain will expand into many new fields and scenarios.

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Given the state of the current crypto winter, many of us have seen and heard about a large amount of negative sentiments regarding blockchain and its potential to be a truly game-changing technology.

As a team that has been deeply involved in helping clients build solutions with this technology, we foresee some solid momentum with regards to the applicability and feasibility of blockchain-related products. Below are a few of our predictions as to how blockchain will move forward and evolve in 2019.

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