Prepare for blockchain technology to play a significant role in business, society, and almost everything. While 45% of CIOs said their organizations had yet to invest in blockchain between 2016 to 2021, that will change as information exchange becomes decentralized and demonstrated use cases show blockchain’s success. Blockchain spans various industries, from real estate, insurance, health care, […]
Blockchain Use Cases
Blockchain, which is akin to a distributed and decentralized accounts ledger, can record and verify high volumes of digital transactions, irrespective of location. So, blockchain has the capacity to contribute to many industry sectors, besides finance. As a secure technology platform, blockchain’s main benefits are accuracy, protection against fraud, and easy sharing of information. The […]
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 […]
Blockchain Trends in 2020
2020 is likely the year when blockchain technologies will witness higher adoption rates and usage across industry niches. As announced in 2019, China may lead the way to substantial investment in blockchain research and applications. The largest cryptocurrency exchanges are in China, and this year may see some dramatic deployment shifts from the multi-cloud blockchains […]
IOTA Collaborates With Industry-Leading Organizations on Rebuilding Our Trust in Data
A recent press release reports, “The IOTA Foundation, a non-profit organization delivering the world’s first scalable, feeless and decentralized distributed ledger technology, announced today its technology will be used as a key enabler for Project Alvarium, an open source effort being formed under the Linux Foundation. The Alvarium project will be focused on building out […]
J.P. Morgan and Microsoft Announce Partnership to Drive Enterprise Adoption of Quorum
A recent press release states, “J.P. Morgan and Microsoft on Thursday announced they have signed a memorandum of understanding to form a strategic partnership to accelerate the adoption of enterprise blockchain. Through this partnership, Quorum, developed by J.P. Morgan, will become the first distributed ledger platform available through Azure Blockchain Service, enabling J.P. Morgan and […]
EVRYTHNG, IOTA Partner on Distributed Ledger Technology-Based IoT Solutions
A recent press release reports, “EVRYTHNG, the IoT platform that activates every consumer product to make it intelligent, interactive and trackable, today announced the expansion of its EVRYTHNG Blockchain Integration Hub to include integrations with IOTA, a non-profit foundation focused on distributed ledger technology (DLT) and permissionless ecosystem development. As a result of this partnership, […]
Blockchain is on the Verge of Becoming Mainstream in 2019: Here’s Why
Click to learn more about author Amit Dua. We’ve all heard about the positive benefits of integrating AI and Blockchain into the core systems. Banks are seeing positive results, real estate companies are making smarter contracts, and Data Management houses are seeing greater efficiencies. Even when it comes to your smartwatch or your next IoT […]
Blockchain in the Insurance Industry: What to Expect in the Future?
Click to learn more about author Amit Dua. Ever since its introduction, Blockchain technology has caught the fancy of various industries. The initial success of crypto-currencies being the primary reason behind it. But since then, Blockchain has come way forward. Many industries are looking to commercialize Blockchain technology. They are taking services of expert Blockchain […]
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 […]