• Blockchain

Blockchain, originally block chain, is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block typically contains a hash pointer as a link to a previous block, a timestamp and transaction data. By design, blockchains are inherently resistant to modification of the data. It is “an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way”. For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for validating new blocks. Once recorded, the data in any given block cannot be altered retroactively without the alteration of all subsequent blocks, which requires collusion of the network majority.

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Ethereum best blockchain project ahead of bitcoin, according to ratings released by China

Beijing to have national standard for blockchain projects, with guidelines expected by 2019 end China has rated Ethereum, a cryptocurrency most commonly used in initial coin offerings, as best among 28 blockchain projects, according to rankings published by the China Center for Information Industry Development (CIID) on Thursday. Bitcoin was, however, the most innovative out...

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Amazon partners-up to offer easy Ethereum-based blockchain software

Amazon is moving further into blockchain with a new partnership that will bring more distributed ledger services to its Amazon Web Services cloud computing platform. Following our recent reports on Amazon adding blockchain-based templates to its AWS (Amazon Web Services) cloud computing service, Tuesday saw it making another announcement aimed at making it easier for its customers...

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HTC is working on a ‘blockchain phone’

A few weeks ahead of its latest flagship announcement, HTC  just revealed another piece of hardware. While the Taiwanese company has consolidated much of its mobile offerings in recent years, it announced today at the Consensus 2018 blockchain conference in New York that its upcoming Exodus handset is embracing everyone’s favorite tech buzzword. So, what makes a phone a blockchain...

Toys R Us Embraces Blockchain To Save Company 0

Toys R Us Embraces Blockchain To Save Company

They did it for the children. Amid plans and proceedings underway for liquidation, Toys R Us found a silver bullet in its quest for salvation. With one simple stroke of a digital pen, so to speak, the toy icon changed its name to Blockchain R Us. And the money came rolling in, to the tune of $7 billion...

Blockchain will make AI smarter by feeding it better data 0

Blockchain will make AI smarter by feeding it better data

We’ve heard — probably too much — about how cryptocurrencies like Bitcoin shift financial power away from governments and big banks to individuals. Blockchain technology is also democratizing artificial intelligence (AI). Businesses of any size will soon be able to offer the sort of personalized recommendations that are currently the province of giant retailers like...

Will Blockchain Disrupt Government Services? 0

Will Blockchain Disrupt Government Services?

About 2 years ago I attended an IBM workshop where they were talking about how Blockchain was going to revolutionize the world.  Within 2 years, I have seen many technological advances in the Blockchain industry. In a previous article I spoke about how blockchain technologies can help keep Mining Companies more accountable.  I described how some of these...

Seoul Mayor Prepares City to Embrace Blockchain Technology 0

Seoul Mayor Prepares City to Embrace Blockchain Technology

Park Won-soon, the Mayor of South Korean Capital Seoul, has announced intentions to pursue the development of blockchain technology in the city. Won-soon stated that there will be a digital currency created for use in Seoul, as well as the setting up of groups dedicated to exploring blockchain technologies and their future implications. Korea Re-Embraces...

Blockchain and Gaming Joined Together with the Help of Ethereum 0

Blockchain and Gaming Joined Together with the Help of Ethereum

Having the capacity to adapt any life-ranging phase every day, from good’s inventory to international transactions through a SWIFT system, Blockchain is highly regarded as one of the most useful and versatile technologies available for the world to use. Everyone is just waiting for the lucky day of when the gaming world will totally engage...

Blockchain Startup ShareRing Partners With DJI Distributors 0

Blockchain Startup ShareRing Partners With DJI Distributors

It looks as though DJI is the latest technology giant to jump on board the blockchain bandwagon. Albeit inadvertently. Australian startup ShareRing, a sharing platform that soft-launched last month, has a deal in place with DJI’s distributors down under. ShareRing wants to be the Amazon of the sharing economy, a platform where people and companies can rent products...

Can Google Catch Up to IBM and Microsoft in Blockchain? 0

Can Google Catch Up to IBM and Microsoft in Blockchain?

Will Google make a meaningful dent in this next-gen market? Alphabet‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google is developing a blockchain service to support its cloud business, according to Bloomberg. Google plans to offer the service on its Google Cloud Platform, as well as a stand-alone version which companies can run on their own servers. Blockchain is a decentralized ledger of data...

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