"Prueba de concepto - Blockchain y el derecho de supresión" ("Proof of concept - Blockchain and the right to erasure"), published now in November 2024 by the Agencia Española de Protección de Datos - AEPD. 👇 This technical note presents a Proof of Concept (#PoC) demonstrating the feasibility of creating #GDPR-compliant #blockchain infrastructures. It analyzes key components, #governance #management, and technical measures to implement the right to erasure. The document offers practical applications, clarifies #blockchain terminology for #dataprotection professionals, and advocates for #privacy-by-design principles. It serves as a resource bridging #dataprotection and #blockchain #technology, supported by technical details and demonstration videos available online. Link: https://lnkd.in/dBr6cZkW #web4 #web5 #fintech #digitalera #defi #cryptocurrency #digitalcurrency #virtualassets #digitalassets #virtualcurrency #digitaltransformation #blockchain #dlt #stablecoins #cryptoassets #web3 #tokenization #RWAs #NFTs #DAOs #RWAs #staking #mining #ZKPs #tokenomics #gamefi #lending #CEXs #DEXs #DePIN #LSTs
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Jordan's Ministry of Digital Economy and Entrepreneurship has unveiled MODEE DLT, a national blockchain network developed in collaboration with Jordanian firm Blockexe. Designed to enhance transparency and trust in government services, MODEE DLT integrates with the "Sanad" system to provide verifiable digital records of transactions. This initiative aligns with Jordan's Digital Transformation Strategy (2021-2025), focusing on advancing digital infrastructure and capabilities. Blockchain technology ensures data accuracy, security, and confidentiality, safeguarding transaction details from manipulation. By adopting MODEE DLT across government sectors, Jordan aims to create a transparent and efficient e-government framework, bolstering its digital economy ambitions. . . . . #jordan #blockchain #cryptocurrency #digitaleconomy #digitalassets #blockexe #cryptostan #thecryptocountry
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🌐 Introducing DePINs - Decentralized Physical Infrastructure Networks! Since the inception of blockchain technology in 2008, it has taken various forms to attract the business world. From cryptocurrency to digital economy, a radical step towards decentralized finance and decentralized autonomous organizations. Like how stablecoin bridged traditional currencies with cryptocurrencies in 2014, DePINs connect the digital blockchain network with the physical world. ⛓️ It utilizes blockchain and tokenization technology. 👥 It facilitates especially the crowd-sourcing phase of infrastructure development projects. 🔍 A transparent, decentralized, and verifiable network provides the space for individual nodes to allocate their excess capital and extra resources. 🏗️ This new move denies the central authority to provide and control physical infrastructure by taking responsibility and control of the self governing network of nodes. 💡 There is no doubt that the benefits promised by blockchain technology are inherent in this innovative endeavour. #FintechEnthusiast #Fintech #Blockchain #DePINs #Decentralization
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Web3 - Okay, so back to where we left off, What I learned Today - - Why do we need blockchain ? - What is hashing(explored famous hashing algortihm sha-256) - Wrote some node.js code for generating hash using sha-256 method/algo - Got to know about what proof of work is and why miners compete with other miners to have this proof of work Also wanted tell you guys what blockchain is (as promised you in previous post)- So, you can think of blockchain as ledger/book where data is stored in series of block and this blocks are linked together forming - a blockchain and as it is decentralized i.e there is no one single place where it is stored..This ledger/record of data is distributed across network and around the world, yes that means everyone has copy of this ledger which is being monitored continuosly by people across the network which makes it highly secure. #Web3 #Blockchain #Crypto #NFTs #Decentralized #Cryptocurrency #Bullish #Web3Development
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"Blockchain for Tracing Funds and Goods: Enhancing Transparency, Sustainability, and Efficiency in International Development through Virtual Reality Visualization", published now in November 2024 by INATBA - International Association for Trusted Blockchain Applications. 👇 This report explores how #blockchain systems, including Ethereum and Hyperledger Fabric, enhance #transparency and efficiency in supply chains by #tracing funds and goods. It highlights the role of #smartcontracts, #cryptographic mechanisms, and 3D #virtualreality visualization as #innovative tools for ensuring #compliance, real-time visibility, and streamlined operations in international development. Link: https://lnkd.in/dTPDdk9X #web4 #web5 #fintech #digitalera #defi #cryptocurrency #digitalcurrency #virtualassets #digitalassets #virtualcurrency #digitaltransformation #blockchain #dlt #stablecoins #cryptoassets #web3 #tokenization #RWAs #NFTs #DAOs #RWAs #staking #mining #ZKPs #tokenomics #gamefi #lending #CEXs #DEXs #DePIN #LSTs
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"INATBA Report by the Industrial Blockchain Task Force - EU Consortia in Focus: Exploring Global Trends in Industrial Blockchain Projects", published in July 2024 by INATBA - International Association for Trusted Blockchain Applications. 👇 This report provides an overview of public and private consortial projects leveraging #blockchain #technology across various industries. It examines key initiatives in public infrastructure, supply chain #management, #energy, mobility, and #finance, while addressing #sustainability, #legal #compliance, and standardization efforts, highlighting their role in driving #innovation and operational excellence. Link: https://lnkd.in/dnErdEGA #web4 #web5 #fintech #digitalera #defi #cryptocurrency #digitalcurrency #virtualassets #digitalassets #virtualcurrency #digitaltransformation #blockchain #dlt #stablecoins #cryptoassets #web3 #tokenization #RWAs #NFTs #DAOs #RWAs #staking #mining #ZKPs #tokenomics #gamefi #lending #CEXs #DEXs #DePIN #LSTs
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BRICKLAYER DAO : Bricklayer DAO represents a significant step forward in the evolution of construction and masonry practices, enabling decentralization, automation, and improved transparency. Bricklayer DAO empowers members to collectively govern and contribute to initiatives in the blockchain and Web3 space, with a strong emphasis on collaboration and innovation. The Bricklayer DAO is a decentralized autonomous organization focused on building and supporting the development of blockchain infrastructure and projects. It empowers members to collectively govern and contribute to initiatives in the blockchain and Web3 space, with a strong emphasis on collaboration and innovation. Bricklayer DAO is a decentralized platform that focuses on merging real-world assets (RWA), particularly institutional-grade real estate, with blockchain technology. It aims to democratize access to commercial real estate through tokenization, allowing users to invest in and earn from these assets via cryptocurrency. #BLOCKCHAIN #DEFI #BRICKLAYER DAO #RWA
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Ant Group is boosting its blockchain prowess! 🚀 The fintech giant has upped the ante with its blockchain subsidiaries, Ant Blockchain Technology and Ant Chain Digital Technology, increasing their registered capital significantly. 💼💰 Ant Blockchain Technology (Shanghai) Co. now boasts 1.5 billion yuan, while Ant Chain Digital Technology Co. surged to 2.1 billion yuan. This move underscores Ant Group's commitment to advancing blockchain technology amidst China's regulatory landscape. 🔗 Despite cryptocurrency restrictions, China remains a hotspot for blockchain innovation. Ant Group continues to lead with initiatives like Ant Chain and ZAN, exploring new avenues in digital economies. 🌟 #AntGroup #BlockchainInnovation #Fintech #DigitalEconomy #AntChain #Blockchain
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"EU Blockchain Ecosystem Developments 3", interesting report published now in May 2024 by the EU Blockchain Observatory and Forum. 👇 This report provides an in-depth analysis of the development of the #blockchain ecosystem across Europe in its 2024 edition. Covering 32 countries, including all EU member states, Liechtenstein, Norway, Switzerland, the United Kingdom, and Ukraine, it details the significant advancements in #blockchain #technology and the adoption of #cryptocurrencies. Link: https://lnkd.in/gWaF9Wye #web4 #web5 #fintech #digitalera #defi #cryptocurrency #digitalcurrency #virtualassets #digitalassets #virtualcurrency #digitaltransformation #blockchain #dlt #stablecoins #cryptoassets #web3 #tokenization #RWAs #NFTs #DAOs #RWAs #staking #mining #ZKPs #tokenomics #gamefi #lending #CEXs #DEXs #DePIN #LSTs
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Hello folks! 🔗 Understanding How Blockchain Transactions Work 💡 Today, I learned about the step-by-step process of a blockchain transaction: 1️⃣ Initiating a Transaction: Alice creates a transaction to send cryptocurrency or data to Bob, signing it with her private key. 2️⃣ Broadcasting the Transaction: The transaction is broadcast to the blockchain network, reaching multiple nodes. 3️⃣ Transaction Validation: Nodes (or miners) validate the transaction by checking funds, signatures, and preventing double-spending. 4️⃣ Adding to a Block: Validated transactions are grouped into a block, including previous block hashes, timestamps, and a new hash. 5️⃣ Consensus & Block Verification: Miners/validators ensure network-wide agreement on the block’s validity through algorithms like Proof of Work or Proof of Stake. 6️⃣ Block Added: The block is added to the blockchain, updating all nodes and ensuring identical copies across the network. 7️⃣ Transaction Completion: Bob receives the cryptocurrency, and the transaction becomes a permanent part of the blockchain. Blockchain technology ensures transparency, security, and immutability! 🔐 #BlockchainTechnology #Cryptocurrency #DataSecurity #Decentralization #TechLearning #BlockchainTransactions #ConsensusMechanism #blockchain #crypto #ethereum
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"Ethical Guidelines for Blockchain Systems", published now in May 2024 by the European Blockchain Center in collaboration with the ETICS Advisory Panel - European Commision & European Blockchain Services Infrastructure (EBSI). 👇 These guidelines, introduced by the Expert Group on #Blockchain #Ethics, aim to represent a landmark achievement for #blockchain #technology within the European Union. Developed to ensure that #blockchain systems embody and advance European values, the document is the culmination of a year-long endeavor. The guidelines cover several critical themes, including #fairness, #privacy, #security, #economic accountability, and #societal responsibility. This comprehensive framework aims to guide the #ethical integration of #blockchain #technologies in a manner that aligns with the core principles and expectations of the European Union. Link: https://lnkd.in/d4RwWmeR #web4 #web5 #fintech #digitalera #defi #cryptocurrency #digitalcurrency #virtualassets #digitalassets #virtualcurrency #digitaltransformation #blockchain #dlt #stablecoins #cryptoassets #web3 #tokenization #RWAs #NFTs #DAOs #RWAs #staking #mining #ZKPs #tokenomics #gamefi #lending #CEXs #DEXs #DePIN #LSTs
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