business

Volvo Uses Blockchain To Ensure Ethical EVs

Blockchain technology is (in the simplest way I can think of to describe it) a time-stamped series of transactions that are linked together, mathematically, to form a “chain.” Each transaction in the chain is a “block,” and they’re tied together using a cryptographic algorithm (fancy math) in a way that makes it impossible for the chain to be modified.

Business Roundtable Redefines The Purpose Of Corporations

183 members of the Business Roundtable, including the CEOs of some of America’s largest corporations, issued a revised Purpose of a Corporation statement which says increasing shareholder value should no longer be the sole and exclusive focus of an incorporated business. Companies must also invest in their employees, deliver value to their customers, and deal fairly and ethically with their suppliers.