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Blockchain – Exhilaration, Aberration and Revolution

Research around the globe and charter of various consortiums formed in last few years have helped blockchain technology attain maturity and mettle to meet industry expectations. Devices compatible with blockchain, micropayments, stable coins, advanced protocols enabling interoperability, high scalability and amalgamation with AI and IOT will pave way to revolutionize industry in near future. The proof of the pudding is in the eating. After years of hype, curiosity, realism, reality-check and pragmatic-changes based on research and industry feedback, big leap of blockchain into the future will see the day of light soon. I can see it coming. Do you? Please read complete article and share your thoughts. Thanks for reading.

How Blockchain Can Be A Huge Complementary Tool To IoT

Blockchain and IoT collaboration is need of the hour. IoT needs Blockchain and in the same note Blockchain is on a cusp to tap opportunity that IoT represents. With emergence of solutions around scalability and interoperability, world will witness huge influx of their integration on the horizon. Together they will create an expedient world around us. Please read my article and share your thoughts. Thanks.

Secured Method of Waltonchain to Handle the Blockchain

Charles Walton is the person who invented the RFID technology. This technology uses electromagnetic fields that will automatically identify and track the tags that are attached to objects. The tags contain electronically stored data. This is used to identify, find the location and tracking the objects, and human beings using radio frequency signals. By focusing on this strategy, Walton chain where Walton refers to Wisdom Alters Label, Trade Organization, and Network has used a sustainable business in the supply chain field. By his research, the project on the Walton coin (WTC), the proprietary cryptocurrency coin of the Waltonchain blockchain was established. Walton coin (WTC) Cryptocurrency Description The data’s below which I have provided as measurable are picked from the link. The Walt...

You might feed up That Why Do Industry Are Talking about Blockchain?

The potential of the blockchain is going to transform in many industries such as healthcare, logistics, and supply chain, insurance, financial and much more. And most of the famous companies were started to join the family of blockchains such as Samsung, IBM, Google, etc. The market of cryptocurrency is gonna hit the transaction value. It follows incentive models to maintain the network in control. A traditional database is getting old to maintain the data with a wide variety of features. It may have pros but as the future is dependent upon the time, thus the blockchain gets hype into the market. Blockchain is a type of block that is used to distribute the cryptocurrency under a network, where cryptocurrency is said to be a digital currency. Simplicity with Its Control When you compare the...

Deal between Data Science and Blockchain

We all need Data, but, we have Responsibility that ensures Data Security and Data accuracy. Especially it explains the Deal between Data Science and Blockchain.

Could InsureTech look at Crypto Currency as a premium payment alternative?

If blockchain is an umbrella, cryptocurrency is only one of the spokes of that umbrella. The blockchain truly has shaped up into one of the biggest technological disruptions of the decade. A digitized, distributed and secure ledger that guarantees immutable, transparent transactions, it gives both parties involved a proper breakdown for each transaction, thus ensuring credibility throughout the entire process. The most popular implementation of the blockchain are cryptocurrencies, the most well-known of these cryptocurrencies being the Bitcoin. A few problems relating to cryptocurrencies have been brought to light recently, like slow performance and processing of the public blockchain, excessive price volatility, energy consumption while mining and scams involving fraudulent ICOs (Initial ...

Blockchain Technology Pushing the Barrier for Distributed Energy Generation in Oil and Gas

Of late, one technology that is set to transform the oil and gas sector is inevitably “Blockchain”, and the blockchain revolution is starting right here and right now.  The big task ahead for the oil and gas sector is how swiftly and successfully it can move to take advantage of the many foreseen opportunities that blockchain will bring.  For oil and gas value chain, data has gone from an asset to an unutilized overstock.  Operators and end users are diving down in data and urgently need a way to control and authenticate resourceful information.  Blockchain has tremendous potential to reduce the risk of fraud, error, and invalid transactions in energy trading, make financial transactions more efficient, facilitate regulatory reporting requirements, and enable interoperability as claimed an...

Increase Your Business Potential Using Blockchain Technology

Often owning a dealership business does not pay you back the way you had hoped it would. For instance, there can be times where you have served a lot of clients but gained nothing more than a few bucks. This is often normal because of the human error, procedural delays and inefficiency due to lack of technology. But would you not like to eliminate these mistakes and boost your business with the help of digital transformation. You would be surprised to know that with the next-gen technology blockchain, this is quite true. What is blockchain? The blockchain technology records the transactions to a digital lender where it is not possible to change or alter them. They are linked with the help of cryptography. The information on the blockchain can be verified easily and is open to the public. A...

AVASANT-NASSCOM India Blockchain Report 2019

The National Association of Software and Services Companies (NASSCOM) launched the findings of the AVASANT-NASSCOM India Blockchain Report 2019, which highlighted the developments in the global and Indian Blockchain market and ecosystem. The report has been developed extensively by incorporating inputs from over 50 industry leading experts and participants of the Blockchain ecosystem. The transformational potential that blockchain possesses has been recognized by enterprises and governments across the world and more than 50 countries have already embarked on initiatives to integrate the technology in their economies, and develop a holistic environment for the same. According to the report, the past year has witnessed a massive surge in investments in blockchain based companies and startups...

Best Practices with Blockchain in Industry

Blockchain technology has found industrial applications with clear business benefits.  Independent entities with common interests and pain points have improved their operational performance by sharing trusted, immutable data with rapid visibility.  Applying Blockchain in industry provides the infrastructure for applications to manage owner-ship, which includes: Identify the asset Identify the owner Secure transfer of the asset from one owner to another Visibility by all participants The decentralized governance in blockchain removes the need for a central authority or third-party intermediary like a broker.  These types of entities typically silo the data with limited access by others and require manual methods for sharing (FAX, email or letter). Blockchain provides immediate electronic ac...

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