Xcel Token

Today there are tens of thousands of pilots trying blockchain technology in numerous features of society. The public sector, specifically government, has also shown significant interest in blockchain technology. Currently  governments on all landmasses  except Antarctica are engaged in blockchain pilot projects.  The public sector is responsible for many areas of trust and services so there are a large number of use cases across countries including: the European Union (EU — anti-counterfeiting), Estonia (Digital Government), US (FDA, DHS, HHS, GSA — security, anti-counterfeiting), China (Payments), India (Payments, Land Registry), Switzerland (Identity), Denmark (Voting), Dubai (Digital Government), Georgia (Land Registry), Gibraltar (Stock Exchange), and many more. Some of the spaces in the Public sector that Blockchain can fit in to- 1.      Identity Management/Attestation Blockchain technology provides three special capabili...

Blockchain technology has to be one of the principal innovations of the 21 st century assumed the ripple effect it is having on various sectors, from financial to manufacturing as well as education. Unknown to many, is that Blockchain history dates back to the early 1990’s. Since its popularity started increasing a few years back, a number of requests have cropped up all but underlining the kind of impact it is destined to have as the race for digital economies heat up. How blockchain emerged? Stuart Haber and W. Scott Stornetta intended what many people have come to know as blockchain, in 1991. Their first work complex working on a cryptographically secured chain of blocks whereby no one could tamper with timestamps of documents. In 1992, they upgraded their system to incorporate Merkle trees that enhanced efficiency thereby enabling the collection of more documents on a single block. However, it is in 2008 that Blockchain History starts to gain relevance, thanks to the...