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.
Stefan Junestrand, CEO of Grupo Tecma Red and a member of the European Blockchain Observatory shares his thoughts on what a blockchain-based governance model for public services in smart cities looks like
It has been another triumphant year for IP EXPO Europe as it all kicked off with a captivating keynote delivered by astronaut Colonel Chris Hadfield who shared his unique experience of space travel and considerations for the next leap of mankind
The expertise of a thought leader on blockchain in the enterprise, Sadiq Quasim, Director from Loyakk Ltd is profiled here, as well as the important role of blockchain in manufacturing today
Following its inception last year, the Blockchain Live event returned to the Olympia in London yesterday (Wednesday 26th October), to host another stellar line up of Blockchain founders and innovators.
Markus Hautala, Head of Blockchain solutions at Tieto argues that blockchain technology allows us to create more democratically governed distributed platforms and avoid vendor lock-in
B2Expand, headed up by CEO Manon Burgel, is making an important contribution to advancing the video game industry with blockchain technology, as this profile details
We spoke to singer, songwriter, record producer and audio engineer, Imogen Heap about the potential blockchain has to help musicians and the wider industry
Philip Young, Director of Marketing and Business Development at Gibraltar Stock Exchange Group explains his thoughts on the development of blockchain in Gibraltar
Art forgery is set to be a thing of the past with the clever use of blockchain technology, the underlying infrastructure on which cryptocurrencies like Bitcoin and Ethereum are based
The Innovation Hub, announced last month, is part of Cyprus' strategy to become one of Europe's leaders in disruptive technology and will focus on FinTech and RegTech developments
New research from the IP EXPO Europe event suggests that over a third of Brits would not trust an organisation that uses blockchain to keep their information secure, as they don't know enough about what it does.
Recent patent applications from Microsoft reveal that the company is looking at the use of trusted execution environments (TEEs) within its blockchain services.
Russian aviation engineers have built a new type of drone which is capable of delivering large amounts of cargo, fighting fires and spraying insecticides and fertilizers.