Imagine going to your banker to ask for a detailed overview of the bank transactions that took place last week. Your banker might well laugh at this request. Yet this is already a reality in public blockchains, which allow people to see all their transactions since their creation. These transactions are recorded transparently and anonymously […]
A new tool will help future communities become fairer and easier to manage equitably. It’s called a decentralized autonomous organization, or DAO. In simple terms, “a DAO is just a way to organize people towards a collective aim.” Based on the blockchain (“a shared, immutable ledger that facilitates the process of recording transactions and tracking […]
Without a doubt, the social and economic benefits of the internet are immense, providing continuous access to information, generating new ways of learning, promoting new forms of entertainment, facilitating new contacts and offering the convenience of shopping from home, among them. Despite these clear advantages, though, come certain challenges. One major issue is the ability […]
For the next six weeks, we will feature new and not so new technologies that benefit mankind. The Good Times will highlight such advances as blockchain, decentralized autonomous organizations (DAOs), Web3 and 3D printing/additive manufacturing. We’ll showcase innovations and innovators. Over the years, The Good Times has regularly focused attention on technologies and the people […]
Blockchain has the potential to topple business models and transform global supply chains, and thus disrupt industrial practices, especially crooked ones. Take the issue of forced labor, for instance. According to the International Labour Organization, “At any given time in 2016, an estimated 40.3 million people [were] in modern slavery, including 24.9 in forced labour. … Out of the 24.9 […]
