International economic forum: instruments for blockchain usage

[vc_row][vc_column][vc_paragraph text=”International economic forum published a report on how blockchain may be used for recovery from the crisis lead by coronavirus, especially regarding supply chains.“][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”Demonstration of blockchain adoption ” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”“Redesign of the trust: Blockchain Deployment Toolkit” – this was the title of the document that represents a huge guidance on blockchain.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”It was developed to help companies create and launch blockchain solutions after they analyzed the real projects and use cases.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Organizations that study the manual will be able to use the advices in how to implement the “best practice” overcoming different barriers.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”The set of implementation tools is a result of collaboration of over 100 experts that were working for a year to present it.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”The project involves 80 companies, around 40 ways of usage, 20 governmental bodies divided into 50 states on 6 continents.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”So the document consists of 3 sections that include 14 models in total (over and above introduction):”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”● Ecosystem;”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”● Formation of the Consortium;”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”● Consortium management;”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”● Digital identity;”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”● Interaction;”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”● Structure: public / private;”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”● Data security;”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”● Data integrity;”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”● Processing of personal data;”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”● Cybersecutiry;”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”● Compliance with the legal and normative requirements;”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”● Tax consequences;”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”● Financial reporting and control;”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”● Risk factor.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Based on this, the report underlines that blockchain technology can be extremely useful now when the coronavirus crisis has increased the demand for secure supply chains.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”The pandemic has clarified the importance for being confident in wholeness and manufacturing not only of medical supplies but of foodstuff and different products of industrial brunches.”][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”Removing the obstacles that hinder the technology implementation ” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”1393″ img_size=”full”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Still the implementation of the new technology may raise concerns among those who are not acquainted with it.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”This is why the modules study even most sensitive areas like cyber security and personal data.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”“Tools for blockchain implementation are important for developing the solutions for different classes of users including small industry players that have no access for the resources necessary for the launch of the technology. For that reason the guidance may help to balance the chances for both small and medium enterprises.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”There are a lot of lessons we should learn from the current pandemic, and these instruments are the starting point for improving the long term readiness for the pandemic and speeding up the economic recovery”, said Nadia Hewitt, head of “Blockchain and digital currency” project. “][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”The project has been developed by the International economic forum in collaboration with the members of the Fourth industrial revolution network Hitachi, Deloitte и Saudi Aramco. “][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Among other participants of it there are: the Fourth industrial revolution Centre of UAE, Los Angeles port, Latham & Watkins, Cardiff Business School, Berkeley university, Tech Mahindra, Inter-American development bank, World Food program. “][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”By this project the International economic forum displays its interest in blockchain opportunities. In fact, just a few weeks ago blockchain was proposed as a solution guaranteeing data confidentiality and providing clear and certificated information about the projects.”][/vc_column][/vc_row]

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