How to use blockchain and smart contracts in procurement

As much as we all would want last week to be about something else, it was still all about FTX. The Supreme Court of the Bahamas has approved two provisional liquidators from PricewaterhouseCoopers to oversee the assets of the crypto exchange, which is headquartered in the country. Several days later, ​​The Securities Commission of the…

In the past year non-fungible tokens (NFT) have been gaining ground as the digital art market exploded and developers experimented with a variety of use cases. Data from NonFungible shows that over the past 30 days there were 58,400 NFT sales and $12.7 million worth of volume.In the same time period, MANA, the token behind…

Musk’s latest tweet resulted in a 26% surge in the price of DOGE, while Coinbase is set to list the coin in six to eight weeks. 4112 Total views 25 Total shares Elon Musk’s latest foray into crypto markets came a few hours ago when he tweeted he is working with the DOGE developers to improve the…

The regulatory agency's main concern was the rise of unregulated collective investment schemes in NFTs. 68 Total views 2 Total shares On Monday, Hong Kong's Securities and Futures Commission (SFC) released a statement warning investors about the risks of nonfungible tokens, or NFTs, which have soared in popularity in recent years. The regulatory body wrote: "As…

Bitcoin may be gearing up to move above $70,000 now it has reclaimed a critical level that traders have been closely watching for the past two months.

Ethereum’s system-wide activation of the Istanbul hard fork has arrived two days early and caused a split of the Ropsten testnet.Huge miner pushing the non-forked chainOn Sept. 30, the community manager of the Ethereum Foundation, Hudson Jameson, explained on Twitter that there are miners still relying on the old Ropsten testnet, while others are already mining on the…

Karate Combat’s DAO will be launched as part of a three-year sponsorship deal with Hedera’s HBAR Foundation, expected to go live in December 2022. 275 Total views 31 Total shares Karate Combat, a prominent full-contact martial arts league, announced the decision to form a decentralized autonomous organization (DAO) to transition its governance to fans and…

NFL fans at large will now be able to get their hands on digital keepsakes of their favorite football stars after Dapper Labs’ NFL All Day NFT finally opened to the public after a seven-month-long closed beta. On Aug. 18, The National Football League (NFL), the NFL Players Association (NFLPA), and Dapper officially launched the…

The power that influencers have in affecting public perception and therefore causing alterations in the value of a product, service, asset or currency has increased to the point where they can crash or uplift entire markets with their content and takes. The Elon EffectIn 2021, Elon Musk could send the price of the famous memecoin Dogecoin…