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OBORTECHglobal OU: Decentralized and Democratic Blockchain Ecosystem for the Supply Chain Is Heading for IEO TALLINN, ESTONIA / ACCESSWIRE / March 16, 2021 / OBORTECH is launching the Smart Hub, a digitalized ecosystem for all supply chain members from the second half of 2021. It has established partnerships with governmental institutions and logistic companies in Mongolia, Australia, and Europe. Here, members can remotely collaborate in a decentralized and democratic blockchain network, as the system favors everyone despite their size or IT capability. Here is the importance of decentralizing and democratizing the supply chain through the use of Blockchain: In a centralized system, there s a single highest authority in charge. If anything goes wrong at the top hierarchy, whether deliberate or not, it negatively affects the entire system. Decentralization instead focuses on distributing and dispersing power away from a central authority. ....
OBORTECHglobal OU: Defi for Digital Supply Chain Is Introduced with Blockchain Platform by OBORTECH TALLINN, ESTONIA / ACCESSWIRE / March 15, 2021 / Decentralized finance (DeFi) as an ecosystem within the huge cryptocurrency industry is gaining insurmountable growth. As of March 2021 DeFi, projects have $83.34 billion in market capitalization, yet in 2020 market cap stood at $2 billion. The powerful technology behind DeFi movement is the ability to harness certain benefits of blockchain technology and combine it with smart contract technology to build an ecosystem devoid of middlemen or other third parties. Additionally, the fact that blockchain aids secure storage of data, Ethereum blockchain has been fundamental to developing decentralized finance applications due to the protocol being public and open source and has smart contract functionality. ....