Cryptocurrencies have generated plenty of histrionic headlines lately, but an important part of the story rarely gets much explanation in the financial pages. Underpinning many of these new digital currencies is a very different type of computational infrastructure: blockchain.
Blockchain is the technology…
The retail giant, Walmart, is moving fast with blockchain technology. The company just filed its new patent on a new implementation of blockchain into its retail business.
Walmart is being revolutionary today in…
Financial institutions, credit agencies, major corporations and small businesses are all in the news on a regular basis for security breaches (exemplified by this list of the top 17 security breaches from CSO that show the breadth of the…
Blockchain is quite a hot topic at the moment, and part of the reason for that is the fact that it has the potential to change the way we do almost everything, from how we buy and sell property to how we democratically elect the leaders of our countries.
To understand why that is, we should take a…
The integration of blockchain in the various aspects of the commercial activities is pacing at an excellent rate.
This week the announcement by the IBM’s CEO Virginia Rometty confirmed this. She was in attendance with French President Emmanuel Macron for Tech for Good summit in Paris.
Macron is pushing for making…
Two weeks ago, Facebook sent ripples through the cryptocurrency and blockchain world by revealing its own plans to dive into the emerging sector—sort of…
In an attempt to “institutionalise” cryptocurrencies, Goldman Sachs backed Circle just announced that through CENTRE (open source framework), they will issue their own Circle USDC (US dollar coin) which is going to be pegged to the US dollar one-to-one and will be made available to the general public for…
The Bitcoin frenzy has mostly died down, but did you know that several of your fave celebrities have gotten involved in the cryptocurrency boom?
You may be asking yourself, “What is cryptocurrency?” Well — let us help you out.
The most common definition of a cryptocurrency is as…
Blockchain technology can be used for multiple applications, such as contracts, deeds, other public/private records, financial transactions/money transfers, supply chain tracking, digital voting, health records, identity records, etc.
The main benefits for blockchain that make it capable of handling regulated industries is that it is distributed, permissioned and secure. The distributed feature means that it works as a shared form of record-keeping (no one person or organization owns…
The term blockchain can elicit reactions ranging from a blank stare (from the majority of the general public) to evangelical fervour (from over-enthusiastic early adopters). But most people who know a bit about the technology detect a pungent whiff of hype, leavened with the suspicion that, when the dust settles, it may have a significant role to play as a component of…