Blockchain Revolution: Can It Solve Security Problems?
There has been a great discussion about the potential of the blockchain as a distributed ledger and as a secure solution for small and large business transactions. Some visionaries see the technology as revolutionary as the Internet itself, but others are restrained by its legal and compliance frameworks. The blockchain has a potential to become an important tool in building…
What No One Tells You about the Blockchain
Many consider the Internet as the most important invention in the last two decades, but the Blockchain steals the spotlight today. What makes it so interesting is it provides us with a completely new way to carry out transactions that are too complex and that involves multiple parties. It eliminates the need for middlemen. One day, it will power our…
Why Every Start-Up Company Should Consider the Blockchain
The blockchain has created a buzz around the business industry for over a year now, but nobody seems to truly understand it. In laymen’s term, it is a digital platform for recording and verifying transactions. It allows transactions to be anonymous and secure at the same time. It distributes trust through mass collaboration. Its underlying framework can virtually record everything,…
How can the Blockchain Change the Financial Industry?
The technology most likely to change the next 10 years of business is not the cloud, Big Data, Artificial Intelligence, social media or even robotics. It is the blockchain. The blockhchain technology is complex, but the idea is simple. It is a vast, distributed ledger that runs on millions of devices and caters to everyone. It moves and secures information,…
Category: Blog
Initiative: Ensuring Accurate, Timely and Complete Data
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Blockchain and Its Effect to the World
Once information is updated on the blockchain, no one can attempt to alter or forge the records. Blockchain is a disruption that will have the greatest impact to the financial industry. Big banks and some governments are already using the blockchain to revolutionize the way data is stored and transactions are processed. Representing the second generation of the Internet, it…
Category: Blog
Initiative: Delivering Controlled Access and Transparency Between Departments
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Blockchain across Multiple Industries
The blockchain is undeniably a revolutionary technology. As an incontrovertible public record of data protected by a network of peer to peer contributors, entries made in the blockchain cannot be removed or edited. A very popular application on this platform is the cryptocurrency Bitcoin. Other applications are in banking and financial tech. But as it turns out, more industries can…
Blockchain Technology: What does it do? Is it good for business?
This year, 2016, will be the biggest year for blockchain technology. The excitement surrounding it has created a seemingly new industry – the blockchain industry. It is not only for developers anymore, but for business people as well. Multinationals from banking, technology and other industries have slowly caught on the trend. In fact, when you go to a blockchain conference,…
Blockchain: Empowering the Industrial Internet of Things
While Bitcoin is the most popular application of Blockchain, the technology also has trustless, secured and decentralized capabilities that can redefine business solutions, including those that empower the Internet of Things. What makes the Blockchain an essential element of industrial Internet of Things? The fact that the technology behind the Bitcoin is autonomous, trustless and decentralized makes it an ideal…
