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.
Frederik De Breuck, Presales Director and Business Assurance BeLux, Head of the EMEIA Blockchain Innovation Center at Fujitsu Technology Solutions reveals his thoughts on the core principles of smart contracts
Michael Winterson, MD of Managed Services at global interconnection and data centre company, Equinix, provides his insight on blockchain for smart cities in the Open Access Government article
The EU Blockchain Observatory and Forum will host an 'Ask Me Anything' session on June 18th to answer any questions regarding their plans to implement a blockchain ecosystem
An Oslo based blockchain shipping platform, Triwer, has announced the launch of their first ICO crowd token pre-sale later this month to fund their innovative delivery service
A 150-year-old bank in Switzerland, Hypotherkarbank Lenzburg, has modernised its approach and announced that they will be launching a series of services that adopt blockchain technology and crytocurrencies
University of Hull, School of Politics, Philosophy and International Studies, Graduate Student, Tom Jones, asks if blockchain technology might provide a boost to post-Brexit farming.
A UK mosque known as Masjid Ramadan, on Shacklewell Lane in Dalston East London, has gone against the grain to become the first in the UK to accept cryptocurrency donations for the Ramadan period.
The European Commission selected Seal Network, a company that fights counterfeiting using blockchain technology, to create the next level of anti-counterfeiting infrastructure at the Blockathon event in Brussels
Blockchain & Bitcoin Conference Prague, the fourth annual event dedicated to the blockchain, cryptocurrencies and ICO, will be held on May 17. This is one of the largest platforms in Europe for the exchange of experience and search for potential partners
