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Using NFTs for identity management – How Governments can advance digital citizenship
NFTs (Non-Fungible Tokens) are primarily known for their use in the digital art and collectables space, but their unique properties could potentially be applied to various fields, including identity management by governments.
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Unlocking transparency and accountability: NFTs in government
Blockchain and Non-Fungible Tokens (NFTs) have the potential to significantly enhance transparency in the public sector in several ways. However, governments also need to be educated on how exactly NFTs and blockchain can be used to help citizens.
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Exploring the potential for NFTs in government record-keeping
NFTs, or non-fungible tokens, have primarily been associated with digital art and collectables. However, regulators and governments around the world are increasingly looking at how NFTs and blockchain technology can apply to their processes.
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Tokenising processes
In the third session, Wright discussed tokenizing processes and how putting products on-chain can directly benefit companies and consumers. He drew from a real-life example dealing with shipping in Mumbai and how the process was weighed down by endless pieces of paperwork, stamps, and signatures.
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General ledgers and controls
In the second session in Zurich, Dr Wright discussed general ledgers and controls and asked members of the audience how triple-entry accounting and mapping transactions on-chain can be used in real-life use cases.
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Double-entry accounting vs blockchain’s triple-entry ledger
In the first session, Wright explained that the reason double-entry accounting was created was to solve some of the problems with error entry—with a double-entry book, two columns need to match, creating a check and a balance.
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Guiding users through web3 with HandCash
HandCash is one of the most popular wallets in BSV. While they have nailed payments in the past, Brandon Cryderman shows us why HandCash is also the go-to wallet for web3.
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Smart contracts and record-keeping for enterprises with Tokenized
Businesses around the world are facing increased scrutiny around their record-keeping practices with potential fines rising into millions of dollars and even potential jail time. This is especially true in the private market sector which has traditionally not faced as much regulatory pressure.
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Minta: innovating social marketplaces with blockchain technology
Minta is a new social marketplace that leverages blockchain and NFTs to tackle important pain points of the industry.
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The interoperability revolution with Asset Layer
Jackson Laskey envisions a tech revolution, with NFTs and interoperability at the centre of change.