Major players in the blockchain in agriculture and food supply chain market are IBM, Microsoft, SAP-SE, Ambrosus, Arc-net, OriginTrail, Rip. io, Provenance, ChainVine, and AgriDigital. The global blockchain in agriculture and food supply chain market is expected to grow from $128.
The blockchain in agriculture and food supply chain market consists of sales of blockchain services in the agriculture and food supply chain by entities (organizations, sole traders and partnerships) that provide blockchain services to the agriculture and food supply chain.Blockchain technology enables the traceability of information in the food supply chain and thus helps improve food safety.
It also provides a secure way of storing and managing data, which facilitates the development and use of data-driven innovations for smart farming and smart index-based agriculture insurance.
The blockchain in agriculture and food supply chain market covered in the report is segmented by type into public blockchain, private blockchain, consortium/hybrid blockchain; by stakeholder into growers, food manufacturers/processors, retailers; by application into product traceability, tracking, and visibility, payment and settlement, smart contracts, governance, risk and compliance management.
North America was the largest region in the blockchain in agriculture and food supply chain market in 2020. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Blockchain in food and agriculture market can be expensive and this can hinder market growth.Obtaining the data uploaded to a blockchain can be costly, and this can create a barrier to the adoption of blockchain technology in the agricultural sector.
For instance, the DNA of livestock animals could be expensive.The average cost of data collection is lower for larger farms than smaller ones, which raises the concern of increasing the income discrepancy.
Therefore, obtaining data in a blockchain is expensive and hinders market growth.
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Emerald Crypto | March 3, 2021
BAT, short for Basic Access Token, is up over 71 percent in the past few days. The price has risen from a tick under $0.47 per share Sunday to over $0.80 at the time of this writing. This cryptocurrency currently occupies over one billion dollars in market capitalization and has a very concrete and tangible application in the real world, making it one of the more popular cryptos among traders and investors.
BAT is an open source blockchain based on Ethereum. In a nutshell BAT is integrated into the Brave browser and was created to solve inherent inefficiencies and privacy violations nagging the digital advertising industry. BAT is the world's first private global ad platform and is unique because it allows users who opt in earn tokens for attention paid to ads that populate. In other words users get BAT for viewing ads, which of course turns everything on its head.
Additionally, verified content creators and publishers earn BAT by allowing Brave to serve ads on their platform. (Currently that platform can be a website, YouTube, Twitter, Reddit, Vimeo, Twitch and/or GitHub.) Creators can also earn through tips contributed by readers, followers and subscribers.
Verified creators can choose to get paid in BAT, Bitcoin, Ethereum or U.S. Dollars and earnings can be spent on gift cards or used to support other content creators. In the future users will also be able to apply earnings toward premium content subscriptions.
The Brave browser itself is faster and more private. It utilized shields which blocks ads, gets rid of unneeded cookies and makes the browser harder to recognize. It also uses secure connections when possible to block malware.
Brave maintains support for chrome extensions too.
The browser also features the option to open pages in Tor. Tor is free and open source software that enables very private internet usage by hiding the user's history and masking their location. It obscures the user's location by routing them through several encrypted servers before they land at the destination page.
Brave with BAT integration has launched current or past successful ad campaigns with Nexo, eToro, Verizon, Crytpo, BlockFi and many other leading brands. They have also established a solid presence in the blockchain gaming community.
Overall the Brave community currently boasts over 25 million active monthly users, 7.4 million active daily users, and over 1 million verified creators accepting BAT (this author is one of them).
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Emerald Crypto | Feb 20
Bitcoin is the world’s leading cryptocurrency, Ethereum is the most widely used blockchain technology, and Binance is the world’s largest crypto exchange. An exchange is a market that allows users to trade cryptocurrencies or to buy and sell digital assets with traditional fiat currencies.
Binance Coin (BNB), the house coin of the Binance platform (like Ether is to Ethereum), has made a huge splash this week by surpassing Tether as the world’s third largest cryptocurrerncy by market capitalization. As of this writing BNB has a market cap of over $43.7B.
The price of Binance Coin was $37.98 on January 1st and according to Coinbase the current price is $281.39 – a 640.89% increase for those keeping score at home.
Binance used the Ethereum blockchain until 2019 when it switched to its own technology called the Binance Smart Chain. According to Ivan on Tech,
“Binance Smart Chain is a blockchain built with the flexibility for smart contracts, decentralized applications, and cryptocurrencies.”
The technology makes it “super easy for developers to move their projects onto the blockchain.”
Binance is known for its large centralized exchange but the venture has more to offer than a blockchain, a coin and a marketplace. They also have a funding scheme, an Academy, a Trust Wallet, a charity and a decentralized exchange.
Which leads to what very well may be the cause of Binance Coin’s current surge.
The DeFi movement in a nutshell is a move towards decentralization. When something is centralized there is an entity and usually a person who can be identified as in charge or running things. 99Bitcoins summarizes the goal of decentralization nicely: to replace centralized financial services with autonomous organizations that allow everyone to participate.
This means the decentralization of everything – currency, financial services, infrastructure, and exchanges.
Uniswap (UNI) has been the leading decentralized exchange on the market for some time now. The protocol runs on Ethereum but recently has had trouble catering to increased demand caused by the DeFi fad. According to Bhushan Akolkar of CoinGape, the result of this rising demand has been an increasing transaction fee (gas fee), which has shot to over $20 per transaction on average.
On Thursday Binance’s decentralized exchange PancakeSwap (CAKE) overtook Uniswap in terms of daily trading volume. CAKE runs on the Binance Smart Chain.
This news is likely at least one of the causes of Binance Coin’s sharpt increase this week. Additonally, Binance has a buy back program where they buy up BNB every quarter and then 'burn it'. Thus the coin is essentially deflationary which bodes well for the future value of the asset.
Is Binance the new Ethereum? That’s probably a little premature but this is definitely a trend to keep one’s eye on.
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Following the suspension of its IPO, whether Ant Group will manage to restructure itself, to meet China's new tightened regulatory requirements still remains anyone’s guess.
Humans have come a long way from barter trading (trading goods without using the money) to gold, then later to paper currency and now we have arrived in the age of digital currency.
There are more than 2000 cryptocurrencies in the world with a market capitalization of around $175 billion, it is necessary to know about them. Where these currencies are stored? How does the crypto wallet work? If You are still reading this, it says you are a beginner and want to explore the crypto world.
To understand the crypto concept, first, know about the crypto wallets.
What Is a Cryptocurrency Wallet?
A cryptocurrency wallet is a software program that stores private and public keys and interacts with different blockchain so that users can send and receive digital currency and track their balance. There is a need to have a digital wallet if you want to use Bitcoin or some other crypto-currency.
A crypto wallet is a platform you can use to communicate with a network of blockchains. There are different forms of crypto wallets that can be split into three groups: software, hardware, and paper wallets. They can also be referred to as hot or cold wallets, depending upon their working mechanisms.
What Are Public & Private Keys?
A public key is a unique identifier for a person and a private key is like a password similar to an ATM pin. A sender will require the public key of the receiver to send him the cryptocurrency and the receiver will be able to access and use these cryptocurrencies by using the private key. A private key must be protected in order to avoid fraudulent activities such as hacking, stealing of cryptocurrencies, etc.
A public key can be extracted from a private key, but a private key can never be extracted from a public key.
A private key should always be kept safe. Exposing it would be vulnerable for various hacks and stealing of the coins by with whom you have shared. sending them to another wallet which they control.
Example of a private key:
Example of a public key:
How Does a Cryptocurrency Wallet Work?
Study More: https://coinpedia.org/information/
Decentralized Finance (Defi) is the talk of the town, and many crypto enthusiasts are flocking into space. While the stability of the space remains quite uncertain, coins relating to such financial tools are gaining great market traction and attention.
The “big names” of the industry have evolved over time. While Chainlink (LINK) was the first to amaze everyone with an insane monthly gain through August, other newcomers like Yearn Finance (YFI), also shun through the markets at their prime.
The most recently evolved of all is UniSwap, which has taken the crypto markets by quite a surprise. Being a great Defi investment option, our price prediction article hopes to throw light upon the future possibilities. As an active or a potential investor, we hope to answer as many questions that you may have concerning your decision to invest in UniSwap.
What Is UniSwap?
Uniswap is a decentralized exchange founded by Hayden Adams in November, 2018. The protocol exists in the form of two smart contracts hosted on the Ethereum blockchain, as well as a public, open-source front-end client. It’s a 100% on-chain market maker allowing the swapping of ERC20 tokens, as well as ETH to an ERC20, and vice-versa.
UniSwap enables its users to exchange any ERC20 token, including the native ETH token, without middlemen, and allows anyone with an Ethereum address to contribute to the exchange’s liquidity, and thus earn from it.
UNI is the native token of the Uniswap protocol, and it entitles its holders to governance rights. This just means that UNI holders can vote on changes to the protocol. The tokens were launched in an airdrop to thousands of users in mid-September, 2020.
The introduction of the tokens will allow the community of holders to be involved in the governance of the protocol.
1 billion UNI tokens were minted at genesis. 60% of Mothose was distributed to existing Uniswap community members, while 40% was made available to team members, investors, and advisors over the course of four years vesting periods.
UNI Price Today
Uniswap (UNI 8% Gain): Uniswap airdropped at least 400 Units of UNI tokens to thousands of users. While this caused great excitement among crypto enthusiasts lately, the coin also caught a bullish momentum.
UNI coin gained around 8% since yesterday. The coin has an excellent market sentiment among traders voting for a prolonged bull market as the quarter proceeds.
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