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Diamond Industry to Use Blockchain Technology to Stop Funding Wars

Posted: Wed Aug 24, 2016 11:23 am
by kreslik.news

The process by which blockchain technology is taking over the world just keeps accelerating. It seems like that in recent months each and every day we learn about some new application, from cheques to smart guns, powered by the distributed ledger technology pioneered by the creators of Bitcoin.

Now we learn that blockchain technology could soon be used to stop illegal fighters in war torn areas of the world from funding their efforts with the mining and sale of diamonds.

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Ahmed bin Sulayem from the United ... (read more)