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Crypto and blockchain: What the Brazilian market can expect for 2021

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2020 will be remembered as one of the most difficult years for contemporary societies: Countries and entire populations have faced lockdowns and economic crises, financial markets still suffer from the severe impacts of the economic recession, and more than 2 million lives have been taken by COVID-19.

Despite this, other sectors have been impacted in other ways during the severe global health crisis — which still seems far from over, even though vaccines are beginning to be distributed in wealthy countries. Economies have radically digitalized, hedge assets have attracted mistrust, and the crypto market has had one of its most important years since 2009, the year of Bitcoin’s (BTC) launch.

In fact, the crypto and blockchain markets have stood out in the face of a crisis that has spared almost no sector. Cryptocurrency funds are among the most profitable of the year, Bitcoin and the biggest altcoins reach new historic highs, large institutions and investors in the financial markets have allocated investments in Bitcoin, and blockchain technology has broken down barriers in the financial sector and in the production chains of the most varied of sectors.

Faced with a year of profound changes, what is to be expected for the future? Cointelegraph Brasil invited some of the country’s top crypto and blockchain experts to chart the next steps for the market.

Institutional investment

Institutional investment was highlighted in 2020, finally reaching the cryptosphere, and it promises another year of growth in 2021.

According to Rodrigo Borges, founding member of the Oxford Blockchain Foundation, large Bitcoin contributions by institutional investors — which have even bought more BTC than the production capacity of miners — will intensify in 2021: “Regarding Bitcoin, I imagine that there will be an increase in demand for institutional investors, enabling the emergence of new products with exposure to Bitcoin,” analyzed Borges. He also sees “2021 as a year of consolidation and strong development in the sector.”

As for Tatiana Revoredo, MIT blockchain expert and Cointelegraph Brasil columnist, the custody of cryptocurrencies by traditional financial institutions and the adoption of stablecoins will be key in the new year:

“In the financial sector, we will see applications for custody of crypto assets being launched in Brazil, with the possible participation of the traditional market. And if the regulatory authorities allow it, stablecoins will have an expressive role in the Brazilian market, with the turnover being able to quadruple in size.”

Crypto markets

Crypto markets experienced a year of extreme optimism — or greed, as demonstrated by the Crypto Fear & Greed Index. Bitcoin reached a dramatic bottom close at $3,800 in March, and it beat its 2017 historic high of $20,000 on Dec. 16. In Brazil, the currency set a new historical record in November when it reached $106,000 Brazillian reals.

Cointelegraph Markets reporter Marcel Pechman highlighted the behavior of the market despite the setbacks suffered during the year. He recalled: “The Bitcoin and Ethereum markets developed in 2020 as never before imagined, both in terms of trading volume, price and the contribution of renowned investors like Paul Tudor Jones and Stanley Druckenmiller.”

Pechman said that despite the crypto market suffering some setbacks, the impact of those setbacks on market performance was not so significant: “We had, for example, the US Department of Justice suing BitMEX — at the time, the largest derivatives exchange — and KuCoin’s $280 million hack, and none of those affected the market.”

Pechman also recalled that the 2020 DeFi race led to expensive transaction costs on the Ethereum network but did not impact market sentiment.

OriginalMy CEO Edilson Osório agreed with the promising future of the DeFi sector, but he cautioned against fraud:

“This is an experimental and very promising market, but it must be given extra attention because of malicious groups applying scams and fraud in general. As it is a very new market, platforms may have problems with hacks, and due to the great centralization that exists (even with many platforms presenting themselves as decentralized), there is still a risk of exit scams.”

About 2020’s innovations, and the digitalization imposed by the COVID-19 crisis, Pechman also said that it will go even deeper in 2021:

“Successive innovations, which include Taproot, Schnorr and Lightning Network in Bitcoin, in addition to the launch of Ethereum 2.0 phase 0, pave the way for the next wave, with increasingly larger, scalable applications, and interconnected with traditional finance. The final proof? Fidelity offers loans covered in cryptocurrencies.”

On the domestic markets, Osório is betting on the tokenization market in Brazil, which is already used by the country’s largest crypto exchange, Mercado Bitcoin. According to him, 2021 will be a year for “maturing the security tokens market.”

“Existing protocols are beginning to be well regarded by regulators, since most of them provide for greater participation and visibility on the part of the regulator itself and allow the mitigation of various risks inherent in this market. In this race, there is a great chance that Brazil will gain prominence because the local regulator has established a regulatory sandbox and the first projects are already beginning to mobilize to have their applications running in a more legally secure environment,” – noted Osório.

Another player at the Brazilian crypto markets, João Paulo Mayall — head of operations at QR Asset Management — is also optimistic about the tokenization market in 2021. He highlighted the role of regulators in the sector’s expansion in the South American country: “I believe that the future is the tokenization of assets, debentures, court bonds, government debts. Brazil is very advanced in its banking system and we will have many surprises in this sector, so I am very optimistic. Tokenization is a billion-dollar market, but it lacks the infrastructure. Innovation came in front of the regulators, but I think they are open to listening and working on it. I think [the regulation] will happen next year, even before March 2021.”

Finally, blockchain expert Tatiana Revoredo argued that crypto adoption in Brazil, which saw its currency melt in 2020, will intensify, with Bitcoin once again asserting itself as an economic-protection asset. She believes that the crypto markets will see “an increase in the interest of Brazilians, with consequent increase in the Brazilian market, with a prominent role for Bitcoin being adopted as a protective asset.”

CBDCs and national governments

The digitization of economies has placed the discussion of central bank digital currencies, or CBDCs, at the center of debates by financial authorities around the world. One of the countries that has definitely entered this race is China, which is already conducting real tests of the digital yuan in the country. Its main geopolitical rival, the U.S., announced that for the time being, it does not intend to digitize the dollar, but it is already seeing internal pressure from not following the Chinese leadership in the sector.

The Central Bank of Brazil has also commented on the transformation of the Brazillian real into a digital currency a few times, although there are no concrete plans for that in the short term.

Osório believes the European Union will join the hype soon, further accelerating the global race for CBDCs: “Although China appears to be leading the CBDC race, other countries are also beginning to move in this direction. Among them, Estonia, which recently started an internal consultation for the launch of its currency in the digital version. In particular, I believe that in Europe a more comprehensive and organized movement should take place in this sense, given the incentives promoted by the European Union.”

Many experts try to predict the impacts of CBDCs on economies — one of the main concerns of economic regulators. Governments, which largely study the adoption of blockchain in their public processes, should also enter the debate on privacy and the digitization of money.

According to Tatiana Revoredo, “in the government sector, the forecast is for the growth of [blockchain] applications in document registration and health applications, as well as a greater concern, by the citizens, regarding the relationship between privacy and CBDC.” She also claims that payments processors should closely monitor this innovation:

“Those who should be more attentive to these movements are the means of payment, such as PayPal and their peers. They will have to look deeply into their business models as soon as governments start issuing their currencies digitally. ”

Blockchain adoption

Governments have also viewed blockchain technology through a positive lens. In Brazil and Latin America, several state entities already use the technology to certify documents, including customs and notary offices. Big companies are also adopting blockchain to certify production, with use cases that are only expected to grow going forward.

Borges said that the acceleration of blockchain adoption by large companies and governments can positively impact crypto assets:

“Within the scope of blockchain technology, I see the development of interesting solutions, with the increasing involvement of traditional players, especially in the financial and agribusiness sectors, which may result in increased liquidity for certain assets.”

Revoredo agreed and highlighted the advancement of technology in the agricultural sector: “There has been a significant advance in agribusiness, with use in the identification of devices (drones, for example), integration with IoT and artificial intelligence to provide greater reliability and certify quality of agricultural production.”

Osório defended the growth of the blockchain market in 2020 and its prospects for the near future: “When we look at advances in blockchain with applications beyond digital currency, we see a growing market in the area of ​​decentralized digital identity, including with the approach of governments. We have seen movements in governments in the US and Japan, interested in modernizing their digital governance models. And the pandemic has certainly helped to accelerate and advance discussions on the issue around the world, as it understands that the digitization of analog and traditional services is a necessity.”

The end of 2020 was a milestone that closed out one of the most dramatic years in the history of contemporary societies, but it also revealed ways to combat global economic and health crises.

Blockchain technology has helped societies fight corruption, adopt more transparent processes and even contributed to the certification of medicines and vaccines during the most serious health crisis of the last 100 years, in addition to helping companies to improve procedures, products and services.

Meanwhile, Bitcoin has strengthened as an economic protection and investment product, has attracted institutional investment giants, and — together with other crypto technologies — has even laid the foundation for central banks around the world to start implementing their own digital currencies.

We still do not know the depth of the revolution we are experiencing with the digitalization of societies and the weakening of national currencies around the world, but by the end of 2021, we will certainly know many of the answers to the questions that still plague us at the beginning of this new year.

Crypto and blockchain: What the Brazilian market can expect for 2021

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Blockchain Governance in Estonia may be Inspiration for the Entire World

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Blockchain Governance in Estonia may be Inspiration for the Entire World

This article talks about how Estonia has implemented the Blockchain for various purposes, especially in governance, creating inspiration for the rest of the world. 

Table of Contents 

  • Estonia: The First Digital Republic in the World 
  • Tiger Leap for the Development and Expansion of Internet Network
  • How the Estonians Way of Voting is Unique 
  • Other Ways Estonia is Utilizing Blockchain
  • Concluding Lines 

Estonia: The First Digital Republic in the World 

Estonia is a small nation in the Baltic region that offers the most widespread governmental online services in the world. Right from voting to healthcare and tax returns, the small nation has persistently adopted the concept of digitization. And this is the reason it is recognized as a ‘digital republic.’ Since 2005, the citizens of the nation are able to cast their vote digitally, and surprisingly, Estonia has digitized 99% of its public services, including tax returns, voting, healthcare treatments, and much more. In an era when trust in government services is declining, Estonians have a higher level of trust in their government and parliament than the EU average, according to the Eurobarometer study conducted back in 2014. 

Estonia is implementing Blockchain technology for governance, and this is the reason why it outperforms compared to other countries in terms of online governmental services. 

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Tiger Leap for the Development and Expansion of Internet Network

The invention of a digital society started in the year 1997, when only 1.7% of the world’s total population had access to the internet. The government of Estonia envisioned creating a digital society where all citizens would be technologically educated, and governance would be automated, decentralized, transparent, and secured. Keeping in mind the aims, the government launched a project called Tiigrihüpe, also known as ‘Tiger Leap’ in 1997, spending heavily on development and the expansion of internet systems and creating a knowledge-based society. Within a year, almost all schools gained internet access, and by 2000, Estonia became the first country to pass legislation declaring internet access as a basic human right for all citizens.

In 2001, Estonia created X-Road, an anti-silo data management system to enable both public and private organizations to share data securely without worrying about privacy. But this effort was dissipated as it was seen that X-Road experienced various cyber-attacks. This presented a need to adopt more powerful and advanced technology such as distributed ledger technology that is resistant to cyber-attacks. Thus, keeping in mind, the nation became the first country in 2012 to use blockchain technology for governance purposes.

How the Estonians Way of Voting is Unique 

Estonia is considered to be a world leader in electronic voting. This is because, since 2005, Estonians are able to cast their votes irrespective of their geolocation. Where most countries are still only contemplating the possibility, Estonia has already implemented a remote voting system using Blockchain for voting purposes. 

The tiny Baltic nation of Estonia has redefined its ‘Estonia’s i-Voting system’ that allows citizens to cast their vote from a remote location using a government-issued smart card. Unlike traditional voting mechanisms, this voting system offers a simple, elegant, and secure solution and is currently used by 46.7% of the population.

This system allows Estonia citizens to log on with their digital ID card and cast their votes multiple times during the pre-voting period, with each vote canceling the last, empowering voters to change their voting decision later. This unique solution has safeguarded Estonian voters against fraud and other manipulations. It was stated that while using this electoral system, the total time saved in the last elections was 11,000 working days.

Other Ways Estonia is Utilizing Blockchain

Apart from voting, there are other ways the tiny nation is utilizing DLT. Deploying Blockchain not only ensures protection against cyber attacks or any kind of future attacks but also poses other benefits. For instance, instead of filling the different forms with the same personal information when they need to access public services, citizens only need to input their personal information once with Blockchain. This is because technology ensures that data is immediately accessible when required.

Moreover, citizens have a valid digital ID, and they have full control over their information, ensuring that no one can access their personal data beyond what is approved by them. This is facilitated by Blockchain technology.

If you want to gain an in-depth understanding of Blockchain technology and become a Certified Blockchain Developer, we are here to assist you!

Concluding Lines 

From the above discussion, we can conclude that the Blockchain governance of Estonia may be an inspiration for the entire world. The future of Blockchain is near, and if implemented on a global level, we will experience a world full of transparency and trust. 

To get instant updates about Blockchain Technology and to learn more about online Blockchain Certifications, check out Blockchain Council.  

Blockchain Governance in Estonia may be Inspiration for the Entire World

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Brazil is prepping an IPO for its state-run digital bank

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Brazil’s Minister of Economy, Paulo Guedes, said during an online event this Tuesday that Brazil “is about to” join the Organization for Economic Cooperation and Development (OECD) and that the Brazilian government has plans to launch a public offering of shares (IPO) for the newly-created digital bank of Caixa Econômica Federal.

Caixa Econômica Federal created a digital bank during the pandemic to help the government send financial aid to around 64 million Brazilians. Guedes’ comments came during the Milken Institute Global Conference, during which he said that the Central Bank is working to attract new investors for the country.

One of the minister’s bets is on the digital bank recently created by the state-owned Caixa Econômica Federal, which is part of Guedes’s privatization plans.

During the pandemic, the government spent heavily to combat the economic effects of COVID-19. The largest part of that fiscal support was emergency payments for low-income Brazilians, with Caixa playing a central role in identifying beneficiaries and paying benefits.

The initiative, Guedes assured the audience, generated a digital bank with 64 million users, opening up market opportunities.

According to Reuters, Guedes says that Caixa’s customer base has led to plans for an IPO for the digital bank, which wacreated “in six months” to pay government benefits:

“We digitalized 64 million people. How much is a bank with 64 million people worth? Low-income people, but people that were (bank-registered) for the very first time, so they are going to be loyal for the rest of their lives.”

According to Brazilian website InfoMoney, Guedes also said that the Central Bank will work to “guarantee” less risks to foreign investors:

“If the private sector abroad wants to pay extra money to have a guarantee […] we can give it to them for a certain price. If they want it, we’ll provide it.”

Guedes also said that Brazil has already fulfilled two thirds of the requirements to be accepted in the Organisation for Economic Co-operation and Development (OECD) and should definitely enter the organization “in one year”.

Among the benchmarks that Brazil must meet to enter the OECD are transparency, regulation, combating corruption and the establishment of acquisition protocols.

Brazil is prepping an IPO for its state-run digital bank

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Widespread Adoption of Self-Sovereign Identity in the Wake of COVID-19

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Heard of Blockchain-based identity management? Wondering what SSI is all about? Why is SSI making noise around the COVID-19 pandemic? If your answer is probably yes, you have landed on the right page. 

Table of Contents

  • What are Decentralized Identity Solutions?
  • Why Consider Self-Sovereign Identity?
  • SSI Widespread Adoption During COVID-19 Pandemic 
  • Concluding Lines

 What are Decentralized Identity Solutions?

In the physical world, which is full of hackers and authorized activities, we take the sharing of credentials for granted. In this modern era of digitization, the traditional identity systems possess various downfalls in terms of vulnerability to attacks, high expenses, and tedious process. To drive well in a digitized society, it is vital to securely authenticate our digital identities. Unlike traditional systems, digital identity solutions such as self-sovereign identity(SSI) help individuals to control how their identities are shared and accessed without involving any third-party intermediaries.

Using distributed ledger technology such as Blockchain to decentralize identity is all about digital validation and keys where digital wallets are secured by cryptographic keys that cannot be recreated. The concept of Blockchain-based digital identity solutions is proving to be the most reliable as it is putting the power back in the hands of the people.

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Why Consider Self-Sovereign Identity?

 Since identity is a fundamental part of society, having sole ownership of our digital identities and control over how our personal data is accessed is extremely crucial.

Self-sovereign identity, also known as SSI, fosters digital movement and enables individuals to control their identity without the intermediary authorities. It allows people to interact with the same freedom and trust as they do in the offline environment. Since trusting third parties to securely hold our personal data is precarious, SSI brings the same freedom and personal liberty to the internet. Instead of giving control of personal information to dozens of databases, it allows individuals to control how their identities are managed at the global level.

SSI Widespread Adoption During COVID-19 Pandemic 

The deadly coronavirus pandemic has defiled all continents. The COVID-19 Credentials Initiative (CCI) is working on a digital certificate that allows individuals to use the recently accepted W3C Verifiable Credentials standard that indicates they have recovered from the outbreak. 

As we already mentioned, SSI provides a layer of confidence and protection instead of relying and trusting on a third-party to store personal data by safely placing the personal data of an individual in their hands. Interest in SSI has dramatically increased in the wake of the COVID-19 pandemic. Leading companies and innovators in the industry are working on digital certificates. Pandemic has caused a lot of economic loss but to subsidize, governments are trying to reopen economic activities. In efforts to that, solutions to present and carry our accurate digital health information details have been emerging. Top organizations are working aggressively for developing confidential and secure methods of certifying COVID-19 test results. Such results will enable all organizations to get back to their work and resume their operations confidently. 

Digital certificates are also being issued to individuals, letting them prove their health conditions and allowing them to prove that they have recovered from the disease. 

Such health passports, also known as Immunity Passports, could serve as verifiable proof that individuals have developed antibodies, which they can present, allowing them to go back to their workplaces and other areas of their interest. The basic idea behind such passports is to link the individual’s identity with their Covid-19 test status. 

Apart from the health domain, SSI can be implemented for various other use cases such as accessing financial and government services, enrolling in an academy, and others. Moreover, SSI can even replace government-issued cards and would remove the risk of user credentials with logging into websites.

Concluding Lines 

While Blockchain developers and experts race to create digital certificates that will allow people to prove if they have recovered, there are few considerations. Few believe that such digital certificates or immunity passports could interfere with their human rights and civil liberties, and the other major factor is the lack of accurate results of the pandemic. Still, there is no scientific evidence about the accuracy of antibody-mediated immunity to ensure the correctness of immunity passports. 

Blockchain has proved its success in many real-world applications and can be applied to support coronavirus outbreak fighting as well. It’s for sure that a secure and user-friendly decentralized identity will help people at all levels. SSI is introducing a new identity system that gives you control and preserves privacy.

 To get instant updates about Blockchain Technology and to learn more about online Blockchain Certifications, check out Blockchain Council.

Widespread Adoption of Self-Sovereign Identity in the Wake of COVID-19

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South Korean Blockchain Advocacy Group Calls for Tax Laws Postponement 

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However, while adoption appears to be on the rise in South Korea, industry experts have also urged the government to create an encouraging environment or players. 

A Short Implementation Window 

Most notably, industry experts have called on the government to nix its proposed crypto tax plan for now. Earlier this week, local news source News1 Korea reported that the Korea Blockchain Association (KBA), a blockchain and crypto advocacy group, requested that the government postpone implementing its crypto tax framework for 18 months.

The South Korean government’s proposed tax plan has been a particular sticking point for many in the country’s crypto space. The plan was published by the Ministry of Finance and Economy in July, with the Ministry stipulating that taxation for digital assets is a necessity as these assets continue to penetrate the traditional financial system. 

Under the new framework, the Ministry plans to categorize all gains from digital assets and intangible assets as taxable income. However, any income below 2.5 million won (about $2,000) per year falls below the Ministry’s minimum threshold and will be tax-exempt. All income above the minimum threshold will be subject to a 20 percent tax rate, on par with the tax rates for most other capital gains and taxable income in the country.

The tax laws apply to local and foreign transactions that trade digital assets via South Korean exchanges.  Under the new rules, exchanges will be responsible for all tax deductions and paying the monies to the Korean customs office. 

While the laws should come into effect on October 1, 2021, the BKA asks for a delay until January 1, 2023. As News1 Korea explained, the window for adjustment is too short, and exchanges won’t effectively adapt to the new tax regime. As the advocacy group explained, exchanges will be allowed to report on trades using the soon-to-be-outdated tax policy until the end of September. A 24-hour period will be too short for them to make the necessary changes.

Ineffective Reporting 

Oh Gap-soo, the BKA’s Chairman, also explained that a suspension of the tax code would be necessary since it is the first time the government is getting involved in digital asset taxation. He pointed out the possibility of regulators not accepting crypto firms’ reports – a possibility that could lead to sub-optimal operation

“The industry is having a great deal of difficulty in preparing for taxation because it is not equipped with a tax infrastructure in a situation where it is uncertain whether or not the business will continue ahead of the enforcement of the Special Payment Law.”

Besides the taxation laws, South Korean exchanges are also fighting back against the government’s mandatory identity verification rules. As Digital Today reported last week, the new regulations require exchanges to collect several details from their customers, including and especially social security numbers. However, that is a direct contradiction to the country’s Personal Information Protection Act.

South Korean Blockchain Advocacy Group Calls for Tax Laws Postponement 

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Dock’s Capabilities and its Mainnet Launch: A Quick Guide

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In this article, we will talk about Dock and its capabilities, focusing on its mainnet launch. Curious? So let’s get started!

Table of Contents

  • What is Dock?
  • How can Dock be Utilized?
  • Dock’s Mainnet Launch 
  • Concluding Lines 

What is Dock?

Dock is a remote company with a globally dispersed team that aims at creating a better future world driven by safe, independently owned verifiable credentials by leveraging distributed ledger technology, blockchain. It provides a wide range of tools that enables Blockchain developers, organizations, and businesses to create verifiable credentials. It can also be defined as a one-stop-shop solution for creating decentralized identities and helps in creating and managing credentials.

The majority of organizations currently depend on centralized structures that are easy to construct. This particular verifiable platform was founded in 2017 to enable every entity to create verifiable credentials on a decentralized network that are secured cryptographically.

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How can Dock be Utilized?

Before understanding how Dock can be implemented across various domains, let’s explore the unique features it offers. 

Interoperability: This platform offers interoperability and hence works seamlessly across numerous platforms. It incorporates standards from the World Wide Web Consortium (W3C) and VCDM to ensure interoperability across many platforms and applications.

Tamper-Proof: Dock use of cryptography for encryption and digital signatures, which ensures that data stored on the blockchain is clear, tamper-proof, and cannot be changed.

Simplicity: Dock is known for its simplicity as it offers a flawless solution to build, manage, and present credentials.

Let’s now talk about the various use cases of this platform. 

Supply Chain 

Dock networks can prove to be beneficial for all businesses and government authorities for ensuring a legal and compliant supply chain management in terms of genuine products and safe deliveries. Not only this, it helps in leading to significant savings in administrative costs and improved profitability. The Dock Network can reconstruct the entire process of the supply chain by providing cryptographically verifiable credentials that are impossible to imitate.

Healthcare

Verifiable with Dock has built an ecosystem that allows issuers to build digital verifiable credentials and a mobile app for real-time storage, sharing, and immediate verification by individuals. Initially, to develop their credentialing solution, Verifiable began working with existing standard Blockcerts coupled with the Ethereum blockchain. But later, it collaborated with Dock, which provides a simplified toolkit, advanced functionality, and even greater scalability and fee control. Verifiable with Dock aims at streamlining the healthcare credential verification and monitoring process.

Workforce 

We all know the hiring process is cumbersome. Dock network can streamline the entire hiring mechanism by providing cryptographically verifiable credentials, thus easing the task for one and all. It allows employers, organizations, etc. to have DIDs on the blockchain network and revoke credentials that reflect the candidates’ skills. Such credentials can then be verified quickly and accurately, unlike manual processes that are time-consuming and not tamper-resistant. Moreover, by utilizing Dock network, we can expect that end results will lead to enormous savings in administrative costs and, most importantly, increased trust in the talent pool due to variable credentials. 

Dock’s Mainnet Launch 

The Dock is an open-source, decentralized network for issuing verifiable credentials such as identity documents, licenses, educational degrees & training certificates, diplomas, etc. With underlying technology, blockchain technology, it enables Blockchain developers to build groundbreaking applications. 

Dock, which seeks to solve the complicated issues that the credential industry faces, has announced the launch of its blockchain mainnet. Built explicitly for verifiable credentials, the mainnet will enable issuers to create their own DIDs to authenticate their credentials. Moreover, it also enables recipients to control and retain ownership of their credentials as well. This network seeks to ensure that transaction costs are minimal by providing a special-purpose blockchain, and there is no effect from unrelated operations, unlike many public blockchains. 

The launch of Dock’s mainnet represents the achievement of another critical milestone in the roadmap of the company. In the upcoming months, the team plans to begin a token migration from its current ERC20 token system to a native token running on the new Dock Mainnet. Moreover, the network will integrate decentralized network governance and will also enable the Dock network to be self-sustaining.

Concluding Lines

Data faces various problems of inefficiencies, incompatibilities, and inaccuracies. By leveraging Dock’s blockchain technology, organizations and institutions can issue digital credentials that are cryptographically secure and verifiable globally. In order to promote its mass adoption, Dock incorporates credentialing standards from the World Wide Web Consortium (W3C), which ensures that data is captured in such a way that it is optimized for securing and sharing the data across the internet. As the Dock team has been working swiftly, the team has also established the Dock Association to oversee the entire network’s development and promotion. 

To get instant updates about Blockchain Technology and to learn more about online Blockchain Certifications, check out Blockchain Council.  

Dock’s Capabilities and its Mainnet Launch: A Quick Guide

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