Blockchain is still considered new technology, best known for supporting cryptocurrencies such as Bitcoin and Ether. But blockchain can provide security for a variety of purposes, ranging from privacy controls on medical records to preventing vote tampering. Ultimately, blockchain is a secure, encrypted database of agreements. Blockchain serves as a bookkeeping/contract platform which is incorruptible […]
Blockchain Offers Internet of Things Data Quality and Data Security
The rapid advances of blockchain technology and the Internet of Things are changing how business on the internet gets done. Blockchain provides superior data security and Data Quality and, as a consequence, is changing the way people approach big data. This can be quite useful, as security remains a primary concern for Internet of Things […]
Best Practices for Supply Chain Analytics in the Post-COVID-19 Era
Click to learn more about author Ashok Sharma. There are few crises in world history that have affected the supply chain like COVID-19. The pandemic has caused unprecedented stress and brought an insane level of scrutiny. Business leaders need to think differently and take appropriate measures to streamline their supply chain operations, using data as their […]
Blockchain and Data Security Intersections
Blockchain represents a list of records, referred to as “blocks,” which are linked by way of cryptography. Each individual block holds a cryptographic hash from the previous block, as well as a timestamp and transaction data. It seems an ideal solution for organizations wanting to store huge amount of data, securely. Blockchain was created in […]
The Future of Blockchain
The media focus around blockchain over the last five to ten years has shifted from the currency bitcoin to the underlying database technology, which is a distributed ledger technology(DLT), now used in a wide variety of use cases. So, what is the reason behind blockchain suddenly gaining so much traction? McKinsey Report’s Blockchain’s Potentials, Limitations, […]
Blockchain Trends in 2019
Prepare for Blockchain to transform business and technology throughout 2019. Blockchain turns ten years old on January 3, 2019 and, as a maturing technology, will gather momentum throughout this next year. By 2020, 56 percent of large enterprises plan to adopt Blockchain-enabled technology — up from one quarter now. According to Gartner’s Blockchain Spectrum, Blockchain-enabling […]
Blockchain as a New Security Standard for Industries
Click to learn more about author Mary Ann Callahan. Everybody is into Blockchain nowadays. Even the people who don’t have a technical background started to realize its great potential and the opportunities it can create. That is entirely expected, as the Blockchain technology indeed has the power to change the world as we know it […]
Introduction to Blockchain and What it Means to Big Data
Click to learn more about author Harsh Arora. An Introduction to Blockchain Technology Blockchain development technology has been around for almost two decades. But it came into the spotlight only after the news of Bitcoin spread across the globe. The Blockchain is a revolutionary technology that works on a ‘distributed ledger system’. It is a decentralized […]
Putting Blockchain Models to Work within the Enterprise
Bitcoin has made many people familiar with the term “Blockchain.” But many enterprises don’t realize that the foundational pieces that comprise this model already may be in place in one form or another for internal Blockchain use cases. Though likely they have not been packaged together to drive similar benefits within an organization. These pieces […]
The Blockchain Intersection with Supply Chain Data
Most people probably are familiar with Blockchain in terms of the bitcoin context. It’s the underlying technology that supports the worldwide crytpocurrency and digital payment system, but it has applications for supply chain data, too. In fact, in mid-September IBM and Microsoft announced a collaboration with GS1, the global business communications standards organization, to leverage […]