In its simplest form, a smart contract is an agreement between two people in the form of computer code, which self-executes when those terms are met. Think of smart contracts as fancy “if-then" statements, coded on a blockchain to create specific actions in the future. Such actions might include the releasing of funds, sending notifications, […]
Imagine waking up in the morning, hitting the gym, meeting with friends, taking a trip to a whole new world and still making it to the office before your first meeting. While this sounds impossible, it could be a reality in the metaverse. With applications including new virtual office spaces, hands-on training in a completely […]
Social tokens are a type of cryptocurrency – but this particular version is specific to an online community or influencer. They allow these creatives and communities to issue their own form of currency, creating an all-new path for monetization and revenue growth that also drives engagement. How Are Social Tokens Used? One of the reasons […]
Officially, an "altcoin" is any cryptocurrency that isn't Bitcoin! However, altcoins are conceptually different from Bitcoin and not simply a different version of the same thing. While altcoins use the same decentralized blockchain technology as Bitcoin, they also offer additional features, such as faster speed, more scalability and greater security. The Origins of Altcoins The […]
Automation isn’t just about life-like robots and self-driving cars. It’s also made its way into the workplace. In fact, your association probably uses tons of workplace automation tools already – from email marketing tools to applicant tracking systems – automation is slowly creeping its way into every aspect of modern business. So, what does that mean […]
There are now more than 17,000 cryptocurrencies in existence, and in fact, the market is adding almost 1,000 new ones every month! Yet despite this massive growth, only a small number of them really matter – roughly 20 cryptocurrencies make up 90% of the total market. Although most cryptos have little value and unclear potential, […]
Whether you realize it or not, AI is already a critical part of your daily routine. Always wondered how Amazon knew just the product to suggest when you’re about to start shopping? Curious as to how Netflix suggests that next serial killer docuseries right after you finish one? That’s AI technology. While there’s plenty of […]
Between access to fully virtual events and a focus on personal development, event engagement boomed during the pandemic years. As event planners look for ways to continue that trend both for in-person and hybrid events, new technologies could be the tool they’ve been looking for. Event NFTs are not only a way to add modern […]
Cryptocurrency is digital money built on blockchain technology. While this may be the simplest definition, a lot more goes into understanding what it is, how it works and the implications for the association space and beyond. Bitcoin was the first cryptocurrency, launched in 2009 with the promise of using cryptographic proof to verify transactions on […]
Market leaders like Microsoft, Amazon and J.P. Morgan already have live blockchain operations in place. The infrastructure is starting to be used for everything from payment verification and wealth management to asset trading and identity protection. That growth looks to continue, with annual global spending on blockchain solutions estimated at $11B today, and that number […]
