Month: February 2018

Blockchain: 3 Things People Get Wrong

Blockchain has been all the rage as a trend for the past couple of years. It’s widely viewed as an important technological development – and I agree with that view. But that doesn’t mean we should all give ourselves over to the hype and think blockchain is going to be the answer for everything. (CIOs, displaying ...

Forget Bitcoin. It’s All About The Blockchain.

Bitcoin gets headlines. I see them too. I admit it grabs attention, but the substance is blockchain technology. That’s why it’s critical to get familiar with blockchain technology. To do so, start here: Blockchain is a public distributed ledger. Throughout most of history, we’ve been living in a centralized world. We have governments, financial institutions, big ...

What Are the Applications and Use Cases of Blockchains?

Blockchain technology is a revolution in systems of record. Bitcoin is history’s first permanent, decentralized, global, trustless ledger of records. Since its invention, entrepreneurs in industries around the world have come to understand the implications of this development. The nature of blockchain technology has got imaginations running wild, because the idea can now be applied ...

What is Blockchain & Distributed Ledger Technology (DLT)

The rapid development and spread of new technologies has been significantly transforming the financial sector. The World Bank Group published the first fintech note that looks at Distributed Ledger Technology and Blockchain, and analyzes its potential relevance for international development. Fintech — a relatively newly-coined term which combines ‘finance’ and ‘technology’ — describes companies or innovations that ...

What is Bitcoin Wallets? How to Use a Cryptocurrency Wallet?

Why you need a Bitcoin wallet Bitcoin, unlike most traditional currencies, is a digital currency. Thus, the approach to this kind of currency is completely different, particularly when it comes to acquiring and storing it. As Bitcoins don’t exist in any physical shape or form, they can’t technically be stored anywhere. Instead, it’s the private ...

Western Union Taps Ripple for Blockchain Trial

Western Union, the world’s largest money transfer service, has revealed that it is conducting a blockchain-based payments trial with Ripple. Western Union CFO Raj Agrawal confirmed the long-rumored partnership during an interview with Bloomberg, stating that the company was testing the efficiency of blockchain transactions. Agrawal told the publication that its blockchain efforts are still in ...

Microsoft To Implement Blockchain-Based ID System

Microsoft revealed its plans to integrate Blockchain-based decentralized IDs (DIDs) into its  Microsoft Authenticator app, the company announced in a blog post Monday, Feb. 12. As reported in the post, Microsoft is looking to provide new a model of digital identity that would not be controlled by any centralized institution and would guarantee fully private data storage, enabling the individual to ...

Here Are 200+ Resources for Crypto Investors and ICO Developers

Crypto is exploding. The popularity of ICOs, either as a funding vehicle for startups or investment vehicle for cryptocurrency traders, has led to what is the extremely diversified ICO market of today. For anyone trying to do their own research into ICOs, whether for academic or financial reasons, they are bound to have the same ...

Singapore Blockchain Summit 28 FEB 2018

DESCRIPTION Singapore Blockchain Summit 2018 [SBS]: 26th-28th Feb As part of WBS World Tour 2018, GBF is in process of building deep integration with 30+ leading & emerging markets in the space of Blockchain, DLT & Crypto-economic space within Government, Corporates, Investors & Family offices, Startups and Academia. For the same, GBF is hosting 6 ...

A Beginner’s Guide to Smart Contracts – Ethereum’s Key Concept

One of the best things about the blockchain is that, because it is a decentralized system that exists between all permitted parties, there’s no need to pay intermediaries (Middlemen) and it saves you time and conflict. Blockchains have their problems, but they are rated, undeniably, faster, cheaper, and more secure than traditional systems, which is why banks and ...