All posts by Ministry Of Blockchain

Blockchain Explained… In Under 100 Words

I recently attended an industry seminar where the concept of the Blockchain was explained. At the end of the session, walking out of the lecture room I heard one of the attendees say to a colleague “I’m still not sure what exactly Blockchain is…”. Many of us know that Blockchain is a topic that is hot at ...

Google Is Working on Its Own Blockchain-Related Technology

Google is working on blockchain-related technology to support its cloud business and head off competition from emerging startups that use the heavily-hyped technology to operate online in new ways, according to people familiar with the situation. Companies use blockchain and other so-called digital ledgers to securely record transactions and process other data over the internet ...

Google Is ‘Actively Looking’ At How It Can Use Blockchain Technology, Its Head of Advertising Says.

Google is looking at whether it can incorporate blockchain technology, its most senior advertising executive said Wednesday. Sridhar Ramaswamy, Google’s senior vice president of ads and commerce, said the company was researching the technology, but had no official product announcements to make. “This is a research topic, so I don’t have anything super-definitive to say. ...

5 Ways Blockchain Technology Will Change the Way We Do Business

Most of the media headlines on blockchain technology revolve around the outsized investment performance and extreme volatility of cryptocurrency. This trajectory closely resembled a roller coaster as Bitcoin gained 1,390 percent in 2017 (up as much as 1,935 percent when it hit a record high of $19,666 in mid-December) — and then plummeted to a low of ...

US Congress Releases Extraordinary Report Praising Cryptocurrency and Blockchain Technology

The US Congress just released its massive joint report on the state of the economy, and for the first time an entire chapter is dedicated to cryptocurrency. What’s even more extraordinary are the number of bullish sentiments on the future of the emerging technology. Here’s a look at some of the most interesting aspects of ...

INFOGRAPHIC: Things to know about Blockchain

CAPE TOWN – Blockchain, Cryptocurrencies, Bitcoin and Ethereum have taken the world by storm and have become popular terms on the Internet. However, not many people understand or know what it is. Are you intrigued by the blockchain system and what cryptocurrencies can offer you in terms of investment? Here are some things you need to know ...

How to Tell if You Should Use Blockchain in Your Application

Behind only AI, Blockchain is the second-most-hyped developer technology. There are a few good reasons to use it in a project, but plenty of bad ones too. Whether blockchain technology is right for your application is ultimately up to you, but we’ll take you through some of the basics on whether it is worth serious ...

What Could Blockchain Do for Music?

Musician Imogen Heap is addressing her audience from a stage in a giant tipi set up on the grounds of her home for an event to unveil the latest steps in her Mycelia project, which aims to use blockchain technology to solve some long-standing music industry problems. “We could have a Napster times a thousand ...

How Blockchain Will Change HR Forever

Blockchain is about to revolutionize our way of doing business, but probably not in the way that you think. While it is most closely associated with Bitcoin and other cryptocurrencies, blockchain technology is primed to disrupt a whole lot more than currency. Blockchain’s decentralized network of computers verifies and automates the flow of information. That ...

China IT Ministry to Create Official Blockchain Standards

A Chinese government body is considering creating national standards to boost the development of blockchain and distributed ledger technology (DLT) in the country. According to an announcement released yesterday, the Ministry of Industry and Information Technology has already, as a first step, hosted a research seminar recently to discuss how such standards frameworks might be built. The ...