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.
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.
Here, we discuss an EU-funded project on financial technologies which intends to create an open-source risk management platform for blockchain and AI apps in finance.
Ken Weber, Head of Social Impact, Ripple, assesses the blockchain skills gap and the role of academia, governments and private organisations in helping to address it.
As more businesses invest in surveillance technology to monitor and track employees in the workplace, questions are raised around whether the benefits override growing concerns around digital ethics.
Steven Sprague, Cofounder and CEO of Rivetz reveals a viable solution when it comes to decentralising security. He argues that there is great promise for creating mobile device security with blockchain technology.
MediConnect is pleased to announce that it has received indicative support from the Ugandan government to explore the use of its solution to tackle the spread of counterfeit drugs.
Roland Bloesch, VP and Global Head of Regulation Industries at SAP Customer Experience highlights how digital transformation can reinvent banking as banks become forward-thinking, recognising the need to partner with fintechs.
SolarWinds IT Trends Report 2019[1] suggests that public sector technology professionals have a growing desire to utilise their expertise and focus on their career-based learning in order to play a bigger role in their organisation.
Bitcoin this, Blockchain that. All we ever hear about lately is how cryptocurrencies and the blockchain are going to transform the world. But what exactly is this new tech and how does it work?.
Cryptocurrencies have been in vogue for several years, and everyone who works in the finance industry has a story or two about what the effects of crypto have looked like to them.
In this piece, Andy Butcher talks us through some of the general technology changes involved in the immense, ongoing machinations of government digital transformation.
In this article, the increasing power of Blockchain, the Internet of Things and Artificial Intelligence are explored in our ever-evolving modern world.
Founder and CEO of HEdpAY explains how the creation of alliances in various sectors of business can provide financial services solution within the crypto banking ecosystem.
AgriLedger, an agricultural-focused blockchain systems provider, is working on a World Bank backed pilot that offers end-to-end full traceability through their platform to enable transparency along the value chain.