Digital identity is not only an area of extreme interest, but importance. Digital identities along with access systems are foundational pieces of our future. They help provide access to healthcare, banking, and education to the 1.1 billion currently without ID. Blockchain solutions have been identified as potential solutions in providing secure digital identity.
Remittances are often a crucial part of everyday life for millions of people, primarily working individuals sending money back to their families. For developing countries these remittances reached $450 billion in 2017. On average they’re sending about $200 and its costing over 7% and can take several days. Blockchain solutions exist today that provide cheaper, faster, and much more secure cross-border payments.
Democracy & Governance
Governance in blockchain projects and global society is an area of growing importance and conflict. It consists of the decision-making process involved in creating, changing, and removing rules of a system or protocol. There are many aspects where this comes into play primarily funding, consensus, and the overall project. While ideally a strong initial foundation remains robust and sufficient for the project, a good project will need to adapt to the changing environment. iMining is very interested in engaging with projects with a strong focus on governance.
Energy Climate & Environment
The energy sector has many known inefficiencies in which blockchain applications could provide solutions. Using a platform that is decentralized could support more efficient systems through peer to peer transactions of energy and payments and programs that reward tokens for energy saving and recycling initiatives. A real-world application would be the ability to sell excess energy to nearby neighbours and receiving money from excess power through distributed ledgers that are clear and transparent. Also, the ability to choose power from a clean source would directly benefit the environment.
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