Bitcoin is blockchain, but blockchain is not Bitcoin. Today, hundreds of standalone blockchain systems exist, the most powerful besides Bitcoin is Ethereum. As the first general-purpose blockchain, it goes far beyond Bitcoin's readiness for use as a payment system, virtually single-handedly dominating the Defi and NFT markets, for example, and has now even surpassed Bitcoin in terms of the number of users. Benefits of general-purpose blockchains for the economy and society explained.

The article Ethereum & Co. – General-purpose blockchains are more than just payment systems appeared on MoreThanDigital, written by Markus Hammer

DAOs embed cooperation and collaboration in the DNA of many blockchain applications. But also for traditional DAO stands for Decentralized Autonomous Organizations and, let's face it, is for most either completely unknown or another buzzword of the blockchain bubble. But the idea behind DAO is relevant to all of us. Basically, DAOs are about finding new forms in which to organize work and, more importantly, collaboration. These new forms are based on the core idea of eye-level collaboration between the stakeholders involved. In this context, topics such as stakeholder economy instead of shareholder economy and ecosystems instead of centrally controlled platforms are much better known. Decentralized Autonomous Organizations are now a special form of how such cooperation principles can be implemented. The DAO idea should therefore be studied by anyone who believes that there will be hierarchy-free, cooperative forms of collaboration between individuals and also between companies in the future. companies, new collaboration models are becoming more important. Is there a lesson to be learned from DAOs? A glimpse behind the scenes reveals the answer.

The article DAO explained: What is a Decentralized Autonomous Organization? appeared on MoreThanDigital, written by Thomas Müller

Smart Contracts are intelligent contracts based on blockchain technology. This enables different entities to digitally verify and enforce contracts without the need for a third party like a lawyer, notary etc.

The article What are Smart Contracts? – Understanding contracts on the blockchain appeared on MoreThanDigital, written by Benjamin Talin

Distributed Ledger, the technology behind Blockchain, has many possible applications and use cases. The advantages of the technology are clear and the characteristics of the Smart Contracts mean that this technology can be used in many different areas of our society. We show you examples of various areas from the industries, banking, business and public institutions.

The article 28 Blockchain Use Cases – Possible Applications of Distributed Ledger Technology (DLT). appeared on MoreThanDigital, written by Benjamin Talin