The Blockchain was first conceptualized to provide support for cryptocurrencies, and aid in their transactions. Ever since, the technology has been harnessed in different fields, and shown great results. Recently, a Blockchain startup, IDA mentioned that tokenization of assets can actually help harness the power of the Blockchain to a maximum. In fact, IDA suggested, … Continue reading “From Currency To Food, Blockchain Can Transform The World”
technology
Blockchain Technology: All You Really Need to Know
The Blockchain is perhaps the most ingenious invention of Satoshi Nakamoto. Unfortunately, most of today’s population don’t even know how the technology works, and where it can be useful. Before we proceed to its various, let’s have a quick look at what the technology entails. What is the Blockchain? A Blockchain is a combination of … Continue reading “Blockchain Technology: All You Really Need to Know”
Deloitte Advises Businesses to Adopt Blockchain
While FinTech companies and blockchain startups race to promote their technologies, there may be a different kind of race going on elsewhere. Linda Pawczuk, head of Deloitte Consulting’s blockchain division, advises businesses to switch over. She describes how established companies play a role in connecting the world to the blockchain. Her views, and those of Deloitte, … Continue reading “Deloitte Advises Businesses to Adopt Blockchain”
IDC Says Europe Leads in Blockchain Growth Rate
In their latest blockchain report, FinTech research group the International Data Corporation (IDC) says Europe is the leader in the growth of this technology. They largely attribute the development to the EU’s interconnected industries. Additionally, IBM plays a big part in providing the technology behind this development. The report describes “Six Reasons Why Blockchain Will Follow … Continue reading “IDC Says Europe Leads in Blockchain Growth Rate”
Commercial Real Estate will Never be the Same with Blockchain
We’re now finding blockchain in Commercial Real Estate, too. Commercial Real Estate is growing rapidly Strong yields, the potential for respectable returns, reduced volatility, tax benefits, and a bright future are attractive to investors. In fact, one of the biggest advantages to owning property is that tenants pay you rent. Therefore, these property investments provide … Continue reading “Commercial Real Estate will Never be the Same with Blockchain”
Three of the Top Industries Already Transformed by Blockchain
Blockchain 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 of the Top Industries Already Transformed by Blockchain”
Three Top Industries that Will be Transformed by Blockchain Technology
Blockchain technology has quickly found its way into major industries. Financial institutions like the NASDAQ, Mastercard, and even Visa find it beneficial. That’s because digital ledgers can help decentralize the banking industry and provide faster transactions. Better yet, with cryptocurrency, there are no central banks. For example, drug companies can now keep track of supply … Continue reading “Three Top Industries that Will be Transformed by Blockchain Technology”
Three Trends Shaping The Future Of Blockchain Technology
Blockchain is changing just about everything and will continue to do so in the future. If you think of a traditional database like a spreadsheet, the blockchain distributes it so that the spreadsheet runs on millions of computers. It also uses state of the art cryptography. Therefore, once a user adds the information, it is … Continue reading “Three Trends Shaping The Future Of Blockchain Technology”
Blockchain 101: Just What is this New Technology?
In plain English, blockchain is a database. Here, backups of new data will occur on potentially thousands of computers all over the world. Heavy encryption helps to keep this information secure. Even if hackers compromise information on a single server, there are thousands of other copies around the globe. What’s interesting is that all copies of … Continue reading “Blockchain 101: Just What is this New Technology?”
Blockchain Voting: Can it Help Secure Elections?
One of the big areas of everyday life that could potentially benefit from blockchain technology, is online voting. For many years, there have been calls to implement online voting. This would lead to increased numbers of people voting in a given election due to the related convenience. They will no longer have to take considerable … Continue reading “Blockchain Voting: Can it Help Secure Elections?”