Cricket Tickets Sold using Blockchain System
After famous Blockchain-based partnerships and sponsorships in the world of football, cricket lovers now get ready to experience Blockchain Systems. Lancashire Cricket Club in the UK has set up terms with TIXnGO to issue tickets using a Blockchain platform.
This will ensure that tickets remain traceable and unique for each of the ticket purchases made so there won’t be any chance of a fake ticket. Selling and transferring tickets by their owners will also be quite a convenient process when this system will be deployed.
Since we are living in a modern digital world where convenience comes first of the consumer, Blockchain technology makes processes simple and easily trackable. When transactions go on a wider scale then traditional technologies get choked. They fail to perform at crucial moments and that is why corporations are now shifting to Blockchain Technology.
Digital Platforms and Digital Currencies backed by Blockchain Technologies is now being discussed at the top level forums. We anticipate the upcoming years to be an era of Blockchain Technology. Counos is a great example for each one of us how blockchain can facilitate in providing innovative digital currencies and financial services.
The scope becomes unlimited when a Blockchain technology is deployed because transactions become transparent and their database log files cannot be altered. The networks are completely secure and they provide immense relief to mind that speedy and secure transactions can be made at a huge scale.
Tokenized Ordinary Shares to be issued in Switzerland
First Blockchain-based Initial Public Offering is going to be made by a Swiss Company and this is great news for all of us. Digitized Ordinary Shares will be issued making use of Blockchain Technology. This massive step has been carried out by Andriotto Financial Services for the incorporation of Overfuture SA.
Counos has been making relentless efforts to make everyone realize the importance of a Decentralized Blockchain Platform and we are proud to see this development. Not only the shares will be issued, but they would also be stored in Blockchain backed networks and now the market will not be controlled by any intermediary. Each one of the shareholders will have complete control over his/her shares purchased.
Swiss company can now manage the market transactions more effectively and the transfer of shares will be a quite smooth process. Smart contracts will become a possibility for the trade of traditional financial securities. First, only Crypto markets were backed by Blockchain technology, now we see that traditional Financial Markets are making a shift over.
Central Bank Digital Currency in Cambodia
Cambodia’s National Bank is looking to develop its own Central Bank Digital Currency in order to get experience the revolution of Blockchain Technology. A payment gateway is already in process to be developed and these are expected to be rolled out in the first fiscal quarter.
There are a lot of questions remaining to be answered about the success factor and how much this culture will be promoted. There are undeniable amazing benefits to Digital Currency and Peer-Peer Blockchain Platform and integration with existing systems poses a challenge.
Facebook’s Libra is also set to launch in 2020 and we’ve already India considering the launch of Digital Currencies. Counos anticipates these launches will be made soon and contribute better to the empowerment of people residing in this Global Village.
The Counos Platform has already shown the way to most members what it means to be a part of a Blockchain backed Crypto Platform. Our Counos Dex, Secure Payment Gateways and Wallets is a success case study for all of these new digital platforms to be launched. Counos Currencies has also withstood numerous global political instability in recent times and will continue to do so.
The future lies in Blockchain Technology as more transactions are coming in the fold of Digital Networks and Platforms. Maintaining their speed, reliability, and security is a big question that has been answered by Blockchain-based solutions. So, it is great to see each day new initiatives being taken for becoming part of a Blockchain Industry
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