Category: Education

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 ...

Proof of Work vs Proof of Stake – EXPLAINED!

First of all, what is mining? Mining – is a process of validating a transaction or block in a network by the process of complex algorithms to prove and validate the correctness of the transaction and thereby add the new block to the chain. In order to mine coins, you need to have high power ...

Blockchain: Pushing Traditional Model Of “Trust” To Evolve

If you’ve attempted to dive into this mysterious thing called blockchain, you’d be forgiven for recoiling in horror at the sheer opaqueness of the technology that is often used to frame it. So, before we get into what a cryptocurrency is and how blockchain technology might change the world, let’s discuss what blockchain is. What ...

How The Blockchain Can Solve Social Media’s Biggest Problems

As we look back on 2017, one of the most significant developments this year was the emergence of the blockchain into the greater collective consciousness. Many have watched closely (and profited greatly) as the value of Bitcoin has skyrocketed (and more recently, fallen), and in perhaps the best indicator of public traction, cryptocurrency (and by ...

Why You Should Learn About Blockchain Before Everyone Else Does

From niche technical publications to watercooler conversations to the corporate boardroom, blockchain has become the latest buzz-worthy technology that practically everybody is talking about. But if you stopped the average Joe on the street to ask, What exactly is blockchain?, chances are  you’d get some head-scratching and a few vague references to Bitcoin as a response. Consider: Blockchain ...

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 ...