06.12.2023

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Today’s Forecast

55º | Mostly cloudy | 10% chance of rain
Sunrise 7:32 a.m. | Sunset 5:36 p.m.

What every business should know about blockchain

Presented by a FTWtoday Partner

According to many business experts, blockchain’s widespread adoption is inevitable, thanks to its synergy with artificial intelligence (AI) — each technology makes the other more functional. | Photo by Hitesh Choudhury

If you keep your ear to the ground for innovations poised to transform the business world, you’ve probably heard of blockchain technology.

But if you’re not quite sure what blockchain is, or how it can benefit your business, then you’re in the right place.

What is blockchain?

Blockchain is a digital data technology that enables businesses to keep their transactions and record-keeping ultra-secure by grouping data into individually encrypted blocks.

Bonus: Not only can blockchain replace outdated technology, but it can also be integrated into your business’s existing systems to enhance security.

Why is blockchain relevant to your business?

Because relationships are the most important part of every business, and you can’t have good business relationships without trust. Blockchain is the most secure technology available and, helps build that trust in a way that nothing else can.

What the experts think about blockchain

“Blockchain drives efficiency and trust without a middle party involved,” says Vantage Bank President, Jeff Sinnott. “You can use blockchain to manage service-level agreements in your contracts, for example.”

What should your bank be doing?

Your bank should understand the efficiencies blockchain brings to credit risk assessment, customer relationship management, account security, and international payments so it can pass those benefits to you.

“If you want to grow your business, blockchain will help you scale much more effectively,” explains Sinnott. “And your bank should be a knowledgeable, trusted partner in those efforts.”

Learn more about blockchain and other emerging trends at Vantage Innovations.*

How to prepare your business for blockchain

Asked

How many 100-degree days do you think North Texas will have this summer?

Temperatures hit triple digits in parts of Fort Worth this weekend, kicking off what looks to be a mighty warm summer.

Did you know the average first 100-degree day is July 1 and there were 71 triple-digit-degree days in 2011?

Click the button below to predict just how hot this summer will be.

It's pretty steamy out there

Events

Monday, June 12

Texas Rangers | Monday, June 12-Thursday, June 15 | 7 p.m. | Globe Life Field, 734 Stadium Dr., Arlington | $9-$473 | The Rangers are up to bat against the Los Angeles Angels in a four-game series.

Tuesday, June 13

Silent Book Club | Tuesday, June 13 | 6:30-8 p.m. | Hotel Dryce, 3621 Byers Ave., Fort Worth | Free | Kick back with a beverage and dive into your latest read with other bookworms.

Wednesday, June 14

“Juneteenth: Faith & Freedom” | Wednesday, June 14 | 8-9:15 p.m. | Downtown Cowtown at the Isis Theater, 2401 N. Main St., Fort Worth | $5-$10 | Join the Fort Worth Metropolitan Black Chamber of Commerce and the Lone Star Film Society for a screening of this Texas narrative documentary.

Thursday, June 15

Trek Fort Worth South Gravel Ride | Thursday, June 15 | 4:30-6:30 p.m. | Trek Bicycle Fort Worth South, 5125 Granbury Rd., Fort Worth | Free | Meet other cycling lovers with a 30-mile ride on the Trinity Trails.

Friday, June 16

Billy Currington | Friday, June 16 | 10 p.m. | Billy Bob’s Texas, 2520 Rodeo Plaza, Fort Worth | $25-$75 | Catch the country singer perform hits like “People Are Crazy” and “Pretty Good at Drinkin’ Beer.”

Events calendar here

Click here to have your event featured.

News Notes

Civic

The Tarrant County Commissioners Court approved two 10% homestead tax exemptions last week. The first was on the county tax rate + the second was on the Tarrant County Hospital District tax that supports the JPS Health Network. The exemptions will affect payments for the 2023 tax year and beyond.

Announced

The lineup has been set for the four-day Hwy 30 Music Fest. The inaugural festival — running Thursday, Oct. 19-Monday, Oct. 23 at Texas Motor Speedway — will feature headliners Dierks Bentley, Zach Bryan, Cody Jinks, and Koe Wetzel. Grab tickets now.

Development

Dart Interests released the initial renderings for the mixed use project that will replace the Central Library. The images show two 20-story towers coming to the downtown skyline. The towers will spring out of a seven-story podium that will cover the entire block. (Fort Worth Report)

Fort Worthian

The longest serving county administrator in Texas will retire at the end of September. G.K. Maenius has served since 1988, when he became the first Tarrant County Administrator. In 35 years, he has seen the county’s population nearly double to 2.1 million people.

Biz

Volvo Autonomous Solutions opened an office in Cowtown to lead the charge in bringing autonomous freight corridors to North Texas. The company intends to set up self-driving shipping routes from DFW to El Paso and Dallas to Houston.

Real Estate

We’ve been keeping an eye on the sale of RadioShack CEO Len Roberts’ Tanglewood mansion. The 12,000-sqft mansion went to auction with a starting bid of $2.5 million, but sold for $5.28 million. Congrats to the new owners of the 5-bedroom, 10-bath house with a movie theater.

Shop

Did you know? Marksmen offers a 10% military and first responders discount on all their products (think: fishing rods and reels, hunting gear + more). It’s just their way of saying thank you.*

Featured Deal

If your dad is where the sun rises and sets in your eyes, here’s a Father’s Day gift idea: RYSE is offering 10% off their entire store of SmartShades easy-install, tech-forward motorized window shades and accessories with code FATHER10 now through Sunday, June 18. Snag the deal.*

Trending

How to make skincare more fun: the Marshmallow Whip Maker, which turns any cleanser into a fluffy, marshmallow-like foam that’s rich and creamy on the skin.*

Transit

City

🚊 Have you ridden TEXrail?

Trade in your bumper-to-bumper commute for a comfy ride on TEXrail. | Photo by @ridetrinitymetro

Trinity Metro hit a major milestone last month. TEXRail has officially given two million rides — and some lucky riders received free t-shirts.

The 27-mile commuter rail line opened in 2019, offering service and nine stops between Fort Worth and DFW Airport.

In 2020, Trinity Metro launched a plan to extend the line 2.1 miles from the T&P Station to the Near Southside. The estimated $167 million-project is currently in the design phase. It is expected to start construction early next year and open in the spring of 2026.

While gas prices might not be as high as they were last summer — currently averaging $3.23 per gallon, compared to $4.70 in June 2022 — no one really wants to shell out their money at the pump. Check out our guide to getting around without gas for commuting options that are good for your wallet and the environment.

The Wrap

Today’s edition by:
Kate

From the editor

Fort Worth Opera announced its 2023-2024 season last week with a mix of contemporary and compositions. The group will perform “dwb: Driving While Black” on Friday, Feb. 16 and Saturday, Feb 14 and “La Bohéme” on Friday, Apr. 5 and Sunday, Apr. 7. Season ticket packages are on sale now and individual tickets will be released on mid-July.

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