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Faced with the imminent Wirecard accounting scandal, and an apparent lack of diligence by audit firms, regulatory bodies, and the government have realized that financial accounting must be improved significantly. However, previous improvements in financial accounting were aimed at an intensification of financial controls that, in turn, led corporations to intensify their internal bookkeeping creativity, […]

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Today, the long-awaited Covid-19 tracing app will be released in Germany, which should help to detect infection chains and warn potentially infected people that they were in contact with someone infected with the virus at some point recently. The decentralized approach of the app raises some questions: Are there parallels to the concept of Self-Sovereign […]

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Last week, Martin Schäffner gave an introduction to blockchain-enabled Self-Sovereign Identity at the Crypto and Blockchain Meetup bdvb HG Bayreuth. Did you miss it? No problem! Re-watch his webinar on YouTube (link below).  Self-Sovereign Identity is a trending topic in the blockchain-scene. It aims to take away dependency on classic online identity providers such as […]

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On 8 June, the Proof-of-Stake EUPos Working Group within the European Blockchain Association EBA has published its Staking Infrastructure Position Paper (PDF) over the course of a website relaunch with a new, fresh look & feel. The Position Paper aims to give policymakers the tools necessary to craft wise regulation of blockchain infrastructure that benefits […]

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Since 2015, Datarella has been active in building enterprise blockchain solutions in the humanitarian sector, in the fields of supply chain and mobility, and in finance and real estate. Leveraging combined resources from Munich, Germany, and its Gdansk, Poland, Baltic Data Science team, has allowed for highly agile, interdisciplinary teamwork which has been a significant […]

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Last week we started a series of articles for an introduction to Self-Sovereign Identity components. In the first article, we have taken a look at some of the fundamental elements of SSI – Decentralized Identifiers (DIDs), their corresponding DID Documents and Verifiable Credentials. We now understand that DIDs are the digital and sovereign representation of […]

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World Food Programme’s Building Blocks system is one of the best examples to understand how Blockchain technology can help to fight against COVID-19. Building Blocks is a Blockchain-based fully digitalized payment and bookkeeping system for any types of cashless transactions developed and further scaled up by Datarella and its subsidiary Baltic Data Science. Today, the […]

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Tokens vs Corona – A Blockchain Voucher System To Distribute Financial Grants

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Self-Sovereign Identity (SSI) is increasingly mentioned in connection with innovations and digital identities. Even in the context of the coronavirus crisis, SSI finds possible applications, such as the possible use of a tracking app for infected people or as a digital staff “passport” in hospitals that respects each user’s privacy. To support others in classifying […]

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