The World-Wide Fund for Nature (WWF) has started using blockchain technology to stamp out illegal fishing in the tuna industry, making it the first of its kind.
According to an announcement from the organization the transparency of the distributed ledger will prevent consumers from purchasing tuna from illegal, unreported, and unregulated fishing in the Pacific Islands. Additionally, it will help to eradicate human rights abuses.
According to an announcement from the organization the transparency of the distributed ledger will prevent consumers from purchasing tuna from illegal, unreported, and unregulated fishing in the Pacific Islands. Additionally, it will help to eradicate human rights abuses.
This is just another example of how the blockchain is being widely applied to different industries and not just the financial sector.
In fact, blockchain technology is a powerful change agent for broker-based industries. It can be put to great use in the recruitment sector. The recruitment sector after all is a broker industry. The technology can assist in expediting commodity processes undertaken by intermediaries unlocking valuable capital to be put to better use by employers in growing or optimizing their businesses. The blockchain technology ensures that the verification activity only happens once and is stored securely and permanently for any person or organization that wishes to view it as long as they get the permission of the owners and pay them CVH . The technology also eradicates double handling and processing by multiple verification providers.
As the first blockchain application in recruiting sector in Asia, Curriculum Vitae Chain has made full preparation to upset traditional recruitment industry. WWF uses blockchain to eradicate illegal fishing in the tuna industry but actually, blockchain can do more.