Dubai’s Global Blockchain Council (GBC) is running a pilot project called Operation Kimberley, which aims to use Blockchain technology to digitalize the issuance and transfer of Kimberley Process certificates used in the shipment of rough diamonds globally. The system would allow for the collection, transfer and storage of trade data and statistics provided by each member country.
A project from the Bill & Melinda Gates Foundation aims to use distributed ledger technology to help the two billion people worldwide who lack bank accounts.
Blockchain networks tend to support principles, like open access and permissionless use, that should be familiar to proponents of the early internet. To protect this vision from political pressure and regulatory interference, blockchain networks rely on a decentralized infrastructure that can’t be controlled by any one person or group.
But how does it look in reality?
Recently, as the discussion around activating Segwit on Litecoin becomes more and more intense, many people have been asking me why my Litecoin pool is not voting for Segwit. I feel the need to address the whole Segwit issue with the following thoughts of mine.