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MARE BALTICUM Gaming & TECH Summit 2024

Blockchain

Black Ink Tech Transforms the Construction Industry with Blockchain Technology

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Today Black Ink Technologies Corp., an integrated hardware and software company providing end-to-end zero trust immutable solutions for products and services, announced that the company has been awarded five different patents for technologies that are making the construction industry safer.

Traditionally, construction has been seen as unsafe and slow to digitally transform. By embracing and applying blockchain technology, Black Ink Tech has created hardware and software systems that streamline the management of projects from beginning to end to create additional project ease and security.

The awarded patents allow SiteSUPER, a technology operating on the Black Ink Tech platform, to work together to expedite everyday construction processes, reduce fraud and drive maximum project efficiencies.

SiteSUPER’s software takes in data from all that goes in and out of a project and job site and stores the data on the blockchain. This allows SiteSUPER to pair non-fungible tokens (NFTs) with real-world assets, creating an immutable record that can confirm compliance before a product is installed, providing transparency and making sure that building codes are adhered to.

What’s more, these immutable tokens also capture the weather conditions during product installations, verifications of who conducted the installation, a record of the unique identifier for the products installed and when the installation occurred, ensuring warranty conformity and compliance. And, confirmed biometric identification, along with license association, creating an indisputable record of who was working, where they were working, when they were working and what they were working on.

While licenses, products used and insurance are common targets for fraud or misrepresentation, these unchangeable records ensure that the correct materials were installed by the correct licensed contractor, and a warranty can be issued for the right product, and that those claiming to have worked on a project did, in fact, do so.

Included below is the list of awarded patents allowing SiteSUPER and Black Ink Tech to create an unchangeable record of events on a construction site:

  • Use of blockchain-based distributed ledger and smart contracts for a construction project
  • Use of blockchain-based distributed ledger to reference construction metadata and to use smart contracts for a construction project
  • System for management and verification of code compliance
  • System for management of warranty information for projects and materials
  • Digital asset systems for management of projects and materials

“If you’ve spent time around a construction site, you know that the work can be delayed, unsafe and logistically challenging. Often, the reason for this is that the construction industry has been slow to embrace emerging technologies that could help to improve upon the many systems and processes needed to bring a project to life,” said Jeremy Blackburn, CEO of Black Ink Tech. “But these patents are symbolic of the possibilities of blockchain and how it can be used to improve upon an industry that is poised to embrace its own digital transformation.”

To learn more about Black Ink Tech, and how its patented blockchain technology can modernize your construction site, please visit https://www.blackinktech.io

Blockchain

Merging Traditions with Fintech and Blockchain Innovations

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Financial Evolution: Merging Traditions with Fintech and Blockchain Innovations at MARE BALTICUM Gaming & TECH Summit

The financial industry is undergoing a seismic shift as fintech and blockchain technologies pave the way for unprecedented innovation and transformation. At the upcoming MARE BALTICUM Gaming & TECH Summit, a high-profile panel titled “Financial Evolution: Merging Traditions with Fintech and Blockchain Innovations” will delve deep into this exciting evolution. This session will explore how established financial institutions are integrating these advanced technologies to revolutionize services, enhance security, and increase efficiency.

Moderator: Anna Agu

Leading the panel is Anna Agu, CEO and Managing Partner at Lex Law Office OU and Director at Lex Law Office LT UAB. With her extensive legal expertise in the fintech sector, Agu is perfectly positioned to guide the discussion, ensuring a thorough exploration of the delicate balance between maintaining traditional financial principles and embracing innovative technologies.

Panelists:

  • Merit Leib – Compliance Consultant at LEIB Regulatory & Compliance Risk Consulting
  • Astra Tikas – Founding Board Member of INO (Internet Native Organization)
  • Dr. Dean Rakic – Chief Scientist at Blockcontrol
  • Saulius Racevicius – Senior Associate of PSP Lab LLP and Board Member of the Fintech Hub LT
  • Evaldas Krampas – CEO at SpectroCoin and Head of Crypto Hub Lithuania

Why Attend?

The “Financial Evolution: Merging Traditions with Fintech and Blockchain Innovations” panel at the MARE BALTICUM Gaming & TECH Summit is a must-attend for professionals across the financial sector. Here’s why:

  1. Gain Comprehensive Insights: Learn from top experts about the latest trends, challenges, and opportunities in fintech and blockchain.
  2. Regulatory Perspectives: Understand the importance of compliance and how to navigate regulatory challenges effectively.
  3. Technical Knowledge: Dive deep into the technical aspects of blockchain integration and learn about cutting-edge developments.
  4. Practical Implementation: Gain practical insights into how traditional financial institutions are successfully integrating new technologies.
  5. Networking Opportunities: Connect with industry leaders and peers who are driving innovation in finance.

Join Us

This panel provides a unique opportunity to stay ahead of the curve in the rapidly evolving financial landscape. Join us at the MARE BALTICUM Gaming & TECH Summit to explore how fintech and blockchain technologies are reshaping finance and what it means for the future. Engage with industry leaders, gain actionable insights, and network with peers at the forefront of financial innovation.

Secure your spot today and be part of this transformational journey. Don’t miss the chance to be involved in discussions that will shape the future of finance. See you at the MARE BALTICUM Gaming & TECH Summit!

The post Merging Traditions with Fintech and Blockchain Innovations appeared first on HIPTHER Alerts.

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Blockchain

North America B2C E-Commerce Market & Payment Innovation Trends Report 2024 – By 2025, Digital Wallets are Expected to Make Up Over a Quarter of Canada’s Online Payments

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Blockchain

BOX-GameFi Innovation in Entertainment: Integration of Blockchain Technology and Monopoly

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