Blockchain Archive

Blockchain for Carbon footprint transparency

A footprint literally means the mark you leave on beach sand or something like that. Similarly, a corporate footprint relates to the impact an organization has on the environment.  It can also be referred to as carbon footprint, environmental footprint, What is Carbon Footprint? Carbon footprint is the total amount of greenhouse gases emitted directly

Energy Efficiency and Sustainability in Blockchain

The road to energy efficiency is, in theory, a sustainability sweepstake. More efficiency means that less fuel is required to generate a given amount of energy, which in turn means lower costs for the provider and cheaper prices for the customers. Jens Martin Skibsted We are moving towards a net-zero carbon emission mission with a

What is Self-Sovereign Identity?

We live in a complex digital world where we require to provide our private data for verifying our identity. There are scenarios where we get stacked up with large amounts of personal questions while applying for new services. For example, what is your date of birth, birthplace, address, phone number, and bank account number, do

How Decentralized Identity Work?

Decentralized identity (DID) is an emerging concept that aims to give individuals more control and ownership over their digital identities. DID allows users to create and manage their identities without relying on centralized authorities, such as governments or large corporations. Here’s an overview of how decentralized identity works, and what are decentralized identifiers (DIDs) and

What is Decentralized Identity, and What are its Potential Benefits for Individuals and Enterprises?

Using online services, opening a bank account, voting in elections, buying property, securing employment, document verification or authentication – Every aspect of our life requires proving our identity. With digitalization, we have digital identity systems, but all these traditional digital identity management systems hold all the identifiers and attestations related to our digital identities in

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