In a technological sense, the blockchain plays a pivotal role in the creation of trusted, immutable records of transactions. However, the downside is that this innovative technology has no place in collaborative ecosystem applications. Now, the question is, “How do we figure out what the blockchain really means to us?” Another question we will have to … Continue reading “How Blockchain is Changing the Data Supply Chain”
Blockchain
What is Bakkt’s “Phase 2” All About?
Author Ifeanyi NwaokoriePosted on Categories Blockchain, Business, Crypto Technology, Cryptocurrency, General, NewsLeave a comment on What is Bakkt’s “Phase 2” All About?Early last week, Bittpress reported that the Intercontinental Exchange (ICE)’s institutional platform, Bakkt, will launch in 2019. Despite the plan to extend its launch date, ICE is not reneging on the contract it has with other parties. Recently, ICE partnered with Software giant Microsoft and coffee chain Starbucks. According to the Daily Hodl, ICE will … Continue reading “What is Bakkt’s “Phase 2” All About?”
DARPA Sees Potential of Distributed Consensus Protocols
Author Eric Van OrmanPosted on Categories Bitcoin, Blockchain, Crypto Technology, Cryptocurrency, General, NewsLeave a comment on DARPA Sees Potential of Distributed Consensus ProtocolsDARPA, the Defense Advanced Research Projects branch of the U.S. Military, submitted a formal request to study distributed consensus protocol. They recognize the potential for and importance of understanding the protocol for military intel. On November 19, DARPA submitted a formal Request for Information (RFI). An RFI is a standard form in the military for … Continue reading “DARPA Sees Potential of Distributed Consensus Protocols”
Guide: Is Blockchain Technology Right for You?
Author Saket Kumar SinghPosted on Categories Blockchain, Business, Crypto Guide, Crypto Technology, GeneralLeave a comment on Guide: Is Blockchain Technology Right for You?Since its inception, this technology has come a long way and emerged as one of the most influential technologies in the world. The Blockchain has established itself as one of the incontestable technologies in the field of business transactions. However, it has its own set of limitations which may make its system less favorable for … Continue reading “Guide: Is Blockchain Technology Right for You?”
Swiss Railway Experiments with Blockchain Identities to Improve Safety
Author Ifeanyi NwaokoriePosted on Categories Blockchain, Business, Crypto Technology, General, NewsLeave a comment on Swiss Railway Experiments with Blockchain Identities to Improve SafetyThe Swiss Federal Railway has finalized an experiment involving Proof-of-Concept (PoC) on their staff database. The project, which ran from May through November, aims to improve the existing manual system. By using a blockchain-driven audit-proof solution, the new system will enhance the safety within the work environment. Official comment Swiss Railway spokesperson, Danielle Pallecci, told … Continue reading “Swiss Railway Experiments with Blockchain Identities to Improve Safety”
Dragonchain Announces new U.S Blockchain Patent
Author Eric Van OrmanPosted on Categories Blockchain, Business, Crypto Technology, Cryptocurrency, NewsLeave a comment on Dragonchain Announces new U.S Blockchain PatentThe blockchain company Dragonchain (DRGN) announced their new Interchain patent. The new system, built for “empowering business with an enterprise-grade blockchain solution” will allow multiple public and private blockchains to connect. The Seattle-based Dragonchain (DRGN) launched an ICO last November, as a project of the Walt Disney Company Last year, just before the great boom … Continue reading “Dragonchain Announces new U.S Blockchain Patent”
Using Artificial Intelligence and Blockchain Technology to Decentralize Data
Author Ifeanyi NwaokoriePosted on Categories Blockchain, Business, Crypto Technology, Cryptocurrency, General, NewsLeave a comment on Using Artificial Intelligence and Blockchain Technology to Decentralize DataArtificial Intelligence (AI) technology possesses impressive features. It is capable of creating cognition in machines with computational power. Despite this benefit, critics worry that tech-savvy developers still control AI projects from central points. Therefore, to allow people to control them centrally, these critics argue that such projects offer mere “narrow AI” In comparison with human … Continue reading “Using Artificial Intelligence and Blockchain Technology to Decentralize Data”
The Main Challenges Facing Blockchain Technology
Author Eric Van OrmanPosted on Categories Bitcoin, Blockchain, Crypto Technology, Cryptocurrency, General, NewsLeave a comment on The Main Challenges Facing Blockchain TechnologyBlockchain technology is an undeniably smart invention. When entrepreneurs understood the power of blockchain, a lot of them started investing in the blockchain. Its impact has greatly impacted supply chains, healthcare, transportation, online remittances, voting and many more. A huge percentage of financial institutions are using blockchain technology today. However, blockchain faces multiple challenges. If these … Continue reading “The Main Challenges Facing Blockchain Technology”
Israeli Crypto Firm Launches Two Funds for Institutions
Author Eric Van OrmanPosted on Categories Bitcoin, Blockchain, Business, Crypto Technology, CryptocurrencyLeave a comment on Israeli Crypto Firm Launches Two Funds for InstitutionsSilver Castle Ltd. is the first Israeli cryptocurrency investment firm. This accredited and institutional investment firm launched two funds this month. They expect to reach $50 million for management by the end of 2018. Incidentally, this launch comes after Bitcoin prices fell to an all time low. Compared to last December Bitcoin experienced a 70% … Continue reading “Israeli Crypto Firm Launches Two Funds for Institutions”
How Blockchain could have Prevented the Danske Bank Scandal
Author Ian CooperPosted on Categories Banking, Blockchain, Crypto Technology, Regulations, ScamLeave a comment on How Blockchain could have Prevented the Danske Bank Scandal Imagine how shocking it would be for a bank to launder almost ten times the country’s GDP. That’s not all. Now, imagine if all the money came from non-residents of the Ukraine, Russia, Moldova, Azerbaijan and several other countries of the now-defunct Soviet Union. Indeed, this would make it the largest money laundering scandal of … Continue reading ” How Blockchain could have Prevented the Danske Bank Scandal “
