It’s not of critical character if you’re a bit conservative and insist on utilizing the tools that are time-honored, try to adjust them to the modern requirements of your enterprise, and hope that everything will work out in the end. But what’s the use of reinventing the wheel? Why not give innovations a chance and…
Category: Blackchain & Crypto News
How Blockchain Might Combat Blood Diamonds
One of my biggest wishes for Africa is that we begin to aggressively solve our own problems using emerging technology. I strongly believe the next generation of problem solvers and innovative thinkers are well equipped to implement tailored solutions on the continent. Ideally, these solutions will stop the cycle of poverty and corruption. When it…
Blockchain for the IoT in Business
A New Horizon in Data Sharing Framework Blockchain is a shared distributed database for peer-to-peer transaction. The core of this technology is bitcoin – a digitally encrypted wallet for controlling transaction and payment system which was introduced in 2009. This transaction management system is decentralized and generally runs without any intermediary. These transactions are endorsed…
Main Features of Blockchain
Blockchain was originally created to be a decentralized ledger of Bitcoin transactions that take place within the Bitcoin network. A decentralized or distributed database/ledger essentially means that the storage devices, where the ledgers are located, are not linked to a common processor. The blockchain contains the ever-growing list of transactions by way of blocks. Each…
Blockchain Use Cases
Blockchain is just what the name says-a block of transactions linked together in a chain. Originally created to support the cryptocurrency, Bitcoin, Blockchain technology has taken off and has the potential to revolutionize our lives, the economy, and the world. One of the greatest things about Blockchain is that all transactions are public. This means…
How Blockchain Is Changing Corporate Giving
The blockchain refers to a public ledger technology in which each cryptocurrency transaction is digitally signed to confirm its originality and ensure that the information therein is not tampered with. As such, the operations recorded on the blockchain and the ledger itself are considered to be of the highest level of integrity. In the early…
Enterprise Blockchain Solutions: What Can They Do For Your Business?
Despite the popular conviction that blockchain technology is only designed to perform cryptocurrency transactions and earn bitcoins, blockchain continues its entry into many areas of life: social media, gaming, healthcare, real estate, and others. The technology intends to enhance work efficiency, cut costs for businesses and improve customer experience. Blockchain can be explained as a…
How Blockchain Technology Is Making the World Better?
Blockchain technology can help immensely in banks, insurance, health and pharmaceutical industry, supply chain of many sectors (agribusiness, luxury, international trade, distribution, wines, aeronautics, and automobile), music industry, energy, and real estate. Blockchains have the potential to replace most of the centralized “trusted third parties” including banking trades, notaries, land registry, etc. by distributed computer…
Facebook Ramps Up Its Blockchain Division With New Chief
Tech giants are exploring blockchain and Facebook will not be left behind. The company has reportedly promoted one of its senior engineers, Evan Cheng, as the Director of Engineering for its new blockchain division. Powering up the blockchain division Last May, Facebook Messenger head David Marcus, had announced leaving the post to help the company…
The Future of Blockchain Technology
What is Blockchain? The term blockchain has been used in numerous social and corporate conversations in recent years and everyone seems to have heard about blockchain technology, but a majority of the population actually has no idea what it actually means. In order for us to clearly explain what blockchain technology actually means allow us…