Grand View Research, Inc. recently released a report stating that the Blockchain could reach a market size worth US$7.74 billion by 2024. While it was originally seen as just the ledger system used by cryptocurrencies like Bitcoin, the report has stated the obvious by saying that private organizations and governments are increasingly recognizing its ability … [Read more…]
Developers of Blockchain applications advocate their usefulness for applications like pubic notaries, voting systems and trading of securities in a transparent yet secure way. The Legends Room Las Vegas is debuting a new use for Blockchain technology: tradable club memberships. Members of the exclusive gentlemen’s cabaret will be identified via ownership of digital tokens based … [Read more…]
How important is data for businesses? Experian Data Quality‘s annual Global data management benchmark report shows that while data supports major business initiatives, businesses believe that 27% or more of the data they rely on may be untrustworthy. This can make it difficult for the 84% of organizations that say that data is an integral part … [Read more…]
Infosys Finacle and Let’s Talk Payments have released a global survey report titled “Blockchain Technology: From Hype to Reality,“ in which 80% of respondents believe that Blockchain technology could see widespread commercial adoption of Blockchain technology as early as 2020. The survey included responses from more than 100 financial services professionals who work for 75 financial … [Read more…]
In December, representatives from a group of industry-leading startups and innovative Fortune 500 companies met in Berkeley, CA to discuss the challenges facing blockchain and IoT innovation and the potential for a collective effort to address them. The meeting, New Horizons: Blockchain x IoT Summit, was the first step towards a collaborative effort to explore … [Read more…]
So you might have heard that Dogecoin co-founder Jackson Palmer is taking what he calls an “extended leave of absence” from the cryptocurrency community. This doesn’t mean he’s written off the idea of coming back at some point in the future. It just means he’s gotten sick of the “toxic” atmosphere in which wannabe entrepreneurs … [Read more…]
Blockchain advocates really promise a lot. The Blockchain ledger can turn the financial sector on its ear by providing greater transparency, cutting out the middleman, and creating records that can’t be easily tampered with after the fact. This kind of big talk can really make people wonder if they can put their Bitcoin where their … [Read more…]
There’s been a lot of negativity in the Bitcoin world lately. The price of a Bitcoin is in freefall. It gets a lot of notoriety for being the preferred currency of the modern crime world with the most recent being a bit of ransomware that held a police department’s computer network hostage until it sent … [Read more…]