Blockchain / 7 posts found

Blockchain in Energy Sector: IOTA to Offer Decentralization, Scalability, No Transaction Fees

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Blockchain in Energy Sector: IOTA to Offer Decentralization, Scalability, No Transaction Fees    With motor vehicles becoming an ever increasing luxury around the world, pollution levels are increasing but the Blockchain could help to reduce the transportation industry’s contribution to global warming that promises a cleaner and energy efficient future. In an article written in December by Carsten Stöcker, Senior Manager in the Machine Economy Innovation Lighthouse Lead at German energy firm, Innogy SE and Thomas Birr, Senior Vice-President of Innovation & Business Transformation at Innogy SE, the future of transport will change through 'Blockchain-enabled secure peer-to-peer (P2P) transactions that [...]

How To Invest In The Blockchain Without Buying Bitcoin

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How To Invest In The Blockchain Without Buying Bitcoin Blockchain Technology’s potential to change the Status Quo Not a day goes by without a media mention about blockchain technology’s potential to change the status quo of how data will be recorded, stored and transferred in the future. As blockchain is booming, investors are taking note and looking at opportunities where they could benefit. Investing in bitcoin, the digital currency built on the blockchain is considered too risky by many investors and, at the same time, doesn’t actually offer exposure to developments of new blockchain applications and the growth of this [...]

IBM Ramps Up China Blockchain Work With Supply Chain Trial

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IBM Ramps Up China Blockchain Work With Supply Chain Trial ibm in China IBM advanced its status as a blockchain leader Tuesday with the launch of a supply chain platform designed to streamline flows among buyers, sellers, and financiers in the pharmaceuticals space. The Yijian Blockchain Technology Application System – built in a partnership between IBM and Hejia, a Chinese supply chain management company – seeks to eliminate some of the financing problems faced by the country's pharmaceutical retailers. Specifically, it targets the country's underdeveloped credit evaluation system, which it argues can make it difficult to raise short-term working capital. [...]

IT leader’s guide to the blockchain

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IT leader’s guide to the blockchain The blockchain may hold significant opportunities for the enterprise from financial services to IP protection to job documentation. This ebook looks at what the blockchain is and how it could affect your business. The blockchain is a record of every Bitcoin transaction. The name comes from the method by which Bitcoin is unlocked and available to be mined by the public. The code releases nodes in 1 MB chunks, or “blocks,” approximately every 10 minutes. Every coin, and every transaction related to it, is logged. Because the blockchain is available to anyone and contains [...]

From groceries to fine art, blockchain finds widening appeal

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From groceries to fine art, blockchain finds widening appeal   Chronicled CEO Ryan Orr attends a daily briefing with employees at their office in San Francisco, Calif. on Thursday, April 6, 2017. Chronicled has developed blockchain authentication and chain-of-custody technology using small chips embedded into products, pharmaceuticals, and artwork. Walmart is on a mission to forever change what people know about their groceries. The retail giant began in October to collaborate with IBM and Tsinghua University in Beijing to trace an array of food products moving through its vast global supply chain with an emerging technology known as blockchain. The [...]

Music Groups Band Together to Build Blockchain Rights Solution

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Music Groups Band Together to Build Blockchain Rights Solution Drums, Instrument, Music Three societies tasked with protecting the intellectual property rights of musicians, writers, and other content creators have joined forces to build a blockchain solution to prevent piracy. Powered by Hyperledger's open-source Fabric distributed ledger, and managed by IBM, the nascent platform is being designed to create a tangible connection between the time content is created and the time it is consumed. Founded by the American Society for Composers, Authors and Publishers; the Society of Authors, Composers and Publishers of Music; and PRS for Music, the joint project has [...]

How the Blockchain is Being Used Beyond Bitcoin and Finance

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How the Blockchain is Being Used Beyond Bitcoin and Finance The clouds of misconception and skepticism around bitcoin were so dark in the initial years that it hid the genius behind it.  In trying to understand bitcoin, it brought into the spotlight the technology that underpins it - the blockchain. During the World Economic Forum at Davos, Christine Lagarde, Managing Director, International Monetary Fund spoke about virtual currencies and released a paper titled “Virtual Currencies and Beyond: Initial Considerations.” The paper examines virtual currencies as well as blockchain. It reads, “VC schemes and distributed ledger technologies can strengthen financial efficiency [...]