How does Blockchain works, and how can it actually change the world? We’ve talked about it a lot, but we still need to answer some questions. In today’s interview, Stobox Co-Founder Borys Pikalov will meet you with Michelle Demarest — Chief Operating Officer at Quarry Dynamics.
Quarry Dynamics — is a Canadian-based Crypto mining operations company focused on innovation & rapidly expanding renewable energy mining facilities. Stobox started working with Quarry Dynamics back in the spring of 2022. The key element of the project is the technical implementation. And here, the Stobox team provided the best solution – DS Dashboard. The issuance and management of security tokens are carried out thanks to a white-labeled solution from Stobox.
👉 Follow the link to get acquainted with Quarry Dynamics — https://quarrydynamics.com/
Main topics from the interview:
🔸 How Blockchain can lift vulnerable populations out of poverty
🔸 The future of Bitcoin as a deflationary asset
🔸 Operational complexities involved in modern crypto mining
🔸 The value Quarry Dynamics creates for investors and projected returns
A blockchain is a distributed database or ledger shared among a computer network’s nodes. The best-known example of blockchain technology is the electronic cryptocurrency — Bitcoin. In Bitcoin’s case, Blockchain is decentralized so that no single person or group has control—rather, all users collectively retain control.
Blockchains have several features that make them very useful to governments.
For one thing, they are immutable – meaning once they are written onto a blockchain, they cannot be changed but can be updated.
They are also easy to search and store on many virtual sites — each node in a blockchain has a complete copy of what’s on it, and all the nodes on the chain have to agree.
As a security measure, blockchains like Ethereum (ETH) and its competitors can be set up to limit access to some data by encryption and the use of smart contracts.
In addition, private or “permissioned” blockchains can be built.
If you would like a more in-depth consultation, please, reach out to us and leave a request on the website stobox.io for a free 30-minute consultation with our expert — https://stobox.io/tokenization
Stay tuned, and see you in the next episode!
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