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.
Blockchain technology is the biggest thing to hit the online world, and the financial world in particular, for many years. There’s been a huge amount of publicity, mainly due to the success of Bitcoin cryptocurrency
The ERC research project P2P Models aims to use blockchain-driven Decentralized Autonomous Organizations (DAOs) to boost a collaborative economy which is decentralised, democratic and where profits are distributed, as the university’s researcher, Professor Samer Hassan reveals
Distributed and open technologies are bringing new business models, personalisation, prediction, motivation, collaboration and trust in healthcare, in the view of Sari Stenfors from the ReCon Blockchain Research Project, at Aalto University in Finland
After a stunning rally at the end of last year, cryptocurrencies have lost almost two-thirds of their value. This is not necessarily bad news for the blockchain industry, says the Crypto Valley Association’s Tom Lyons
Markus Hautala, Head of Blockchain Solutions at Tieto argues that the public sector holds the keys to building a digital Europe, including why seamless...
Bradley Moore, CEO of GCAC discusses how artificial intelligence and blockchain (trusted data) solve the paradox of limited medical cannabis data and anecdotal user information
The ORS GROUP explains to us their expertise in delivering sophisticated AI-based optimisation software solutions to a large international client base, including how AI & blockchain will empower 1 billion entrepreneurs by 2040
Tomaso Aste and Geoff Goodell from University College London’s Centre for Blockchain Technologies share their views on why blockchain technology is for the public good and about the fundamental design constraints and digital identity protocols in a human rights context
Ahead of an impending European initiative and the adoption of a European Public Blockchain Partnership, delegates are to meet in Brussels, Belgium, today (10 April) to discuss embracing technological development
This year, several regulations and laws will be introduced to financial services to meet anti-money laundering (AML) and (EFM) enterprise fraud management requirements.
