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Bitcoin => Press => Topic started by: a7mos on January 24, 2016, 10:54:20 PM



Title: [2016-01-24] CargoChain: The ‘Disruptive Force’ in Global Trade Wins Deloitte’s
Post by: a7mos on January 24, 2016, 10:54:20 PM
CargoChain: The ‘Disruptive Force’ in Global Trade Wins Deloitte’s Hackathon


Bitcoin has many innovative attributes just waiting to be unleashed to the public. One of them is how the blockchain could help shape the future of industrial trade by recording activity with more precision and taking quite a bit third party costs out of the equation. Recently, during the first week of January, Wanxiang Blockchain Labs and Deloitte hosted the Shanghai Blockchain Hackathon with participants hacking away for prizes. Bitcoin.com got together with Dominik Schiener, who won a$30,000 1st prize at the event for his CargoChain project. Bitcoin.com spoke with Schiener to give our readers an inside look at the hackathon, his winning concept, and a few opinions concerning the crypto-environment today.   

https://news.bitcoin.com/cargochain-disruptive-force-global-trade-wins-deloittes-hackathon/


Title: Re: [2016-01-24] CargoChain: The ‘Disruptive Force’ in Global Trade Wins Deloitte’s
Post by: aso118 on January 25, 2016, 01:47:58 AM
Banks make a ton of money in verifying international trade documents and processing them. While the blockchain cannot replace their financing role, they tend to lose by such developments.  ;D