There’s no doubt blockchain is growing aiming to gain additional popularity. The research firm Gartner Inc. forecasts a $176 billion industry. Tech giants IBM and China’s Alibaba are approaching a combined 200 blockchain patents. Still, there are several hurdles preventing many businesses from getting on board. Blockchain is still Gaining Popularity Understandably, not every business … Continue reading “Why Blockchain Still Struggles to Gain Traction”
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Three Major Industries being Changed by Blockchain
Author Ian CooperPosted on Categories Blockchain, Business, Crypto Technology, General, News, UncategorizedLeave a comment on Three Major Industries being Changed by BlockchainBlockchain technology is changing the world as we know it — and fast. Retailers, corporations, governments, you name it are rapidly adopting the technology. In fact, it’s already impacting the food you eat thanks to IBM’s latest technology. IBM just launched its blockchain-based ledger that will track food supply chains. Known as IBM’s Food Trust … Continue reading “Three Major Industries being Changed by Blockchain”
Blockchain: The Solution to Protecting the Healthcare Industry
Author Ian CooperPosted on Categories Blockchain, Business, Crypto Technology, RegulationsLeave a comment on Blockchain: The Solution to Protecting the Healthcare IndustryData breaches are nightmares. But blockchain may offer a solution. The financial aftermath can cost a company an average of $3.86 million, a 6% jump year over year. A 2018 Cost of Data Breach study found the average cost of a lost record is $148. That’s a 4.8% year over year increase. Globally, U.S. companies … Continue reading “Blockchain: The Solution to Protecting the Healthcare Industry”
Blockchain Technology could Add $2 Trillion of Value
Author Ian CooperPosted on Categories Blockchain, Business, Crypto TechnologyLeave a comment on Blockchain Technology could Add $2 Trillion of ValueBarely a day goes by without a reminder of how banks are using blockchain to transform transactions. Not only does the technology remove the need for middlemen, it can speed up transactions and increase trust among users. The best part – it may just save banks billions of dollars. Analysts at Accenture believe banks could … Continue reading “Blockchain Technology could Add $2 Trillion of Value”
