Blockchain is a public ledger that records all bitcoin transactions. It records all transactions that have ever occurred and is available to the public. Essentially meaning that everyone on the network can view each others account balances. Bitcoin being an online currency has all its information recorded online through the chains.
Peer to Peer Network
In addition Blockchain was able to solve the common problem with online currency known as double spending. It also means that the record cannot be altered retroactively without affecting all past blocks on the system. By storing data across the peer-to-peer network, it considerably reduces the risks that come with centrally held data.
Blockchain wasn’t invented as a supply management tool; yet, today it is helping to solve some of the most complex problems existing in global supply chains.
Laszlo Giricz, Founder and CEO of Poseidon, provides an insightful account into the launch of his climate focussed blockchain company, detailing his passion for sustainable technology.
Here, TATA consultancy services provide a detailed summary of a recent white paper which discusses unblocking the retail supply chain with blockchain technology.
Stuart Gannon commercial director of Delta Global discusses the importance of utilising digitalized data in the right way to automate supply chain systems and ultimately make them increasingly sustainable.
Samuel Leach from Samuel & Co. Trading, shares his expert thoughts on what we need to know about blockchain, cryptocurrencies, Bitcoin and blockchain security.
Paul De Raeve, Secretary General of the European Federation of Nurses Associations (EFN), blockchain-based technologies for sustainable EU healthcare ecosystems.
If you're Fintech addicted, look no further: Read here about a project that received funding from the European Union's Horizon 2020 research and innovation programme.
Guy Robson, Senior Associate and Elliott Fellowes, Associate at Signature Litigation, discuss the use of blockchain in the financial, public and other sectors.
Steven Sprague, Cofounder and CEO of Rivetz shares his thoughts on the importance of protecting the supply chain of data, ensuring all transactions are purposeful, intended and compliant.
Associate Professors Joline Uichanco, Stefanus Jasin and Debjit Roy offer their expertise to discuss how blockchain can be used to solve traceability, trust, and transparency challenges faced by omnichannel retailers.
Here, several experts from the International Society for Biological and Environmental Repositories provide a novel perspective around distributive biobanking models, including why biospecimens need blockchain.
Dr Stavros Shiaeles, University of Plymouth and Dr Nicholas Kolokotronis, University of Peloponnese discuss how Cyber-Trust is being used to Safeguard Internet of Things (IoT).
Dave Elzas, CEO, Geneva Management Group discusses the role of blockchain in the fight against financial crime: could it prevent another Bernie Madoff, who pled guilty to the largest Ponzi scheme in world history?.
Here, we find out that InventoryClub, a Commonwealth-focused trade finance application developer, is re-inventing trade finance in global trade, beginning with a blockchain platform to support a thriving trading community.
Andrus Ansip, Vice-President of the European Commission in charge of Digital Single Market aims to lead the “Digital Single Market”, as this article explores, plus his priorities for fighting cybersecurity.
