HPE Will Now Sell ‘Blockchain 2.0’ for Cars, Banks and Planes

HPE Will Now Sell #blockchain 2.0 for Cars, Banks and Planes

  • The new offering, which HPE launches Friday, is billed as “blockchain as a service,” and it’s unique in that it offers major enterprise customers, such as banks, the ability to use the technology on a larger scale than is currently possible with popular blockchains like Bitcoin and Ethereum.
  • The company said it would begin selling its Mission Critical distributed ledger technology, or DLT, publicly starting next year, providing the hardware for enterprises that want to run their own blockchain operations or working with clients to implement blockchain in the cloud.
  • HPE’s version, on the other hand, built around the Corda ledger–a bank-suitable blockchain alternative developed by the financial consortium R3–keeps the records private, so parties can only see their transactions with an authorized counterpart.
  • HPE would not name the clients it has landed so far, but other Fortune 500 companies including and last month launched their own blockchains for processing payments without the swipe of a credit card or other traditional means.
  • To make blockchain feasible for airplane data, manufacturers’ supply chain records and potentially central bank payments, though, requires “certain functions that meet a level of mission criticality” including speed and privacy: “You’re betting your business on this distributed ledger thing, this blockchain thing,” Davison says.

“We believe blockchain will be as fundamental to technology as the Internet.”
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Bitcoin hits all time high as controversial ‘hard fork’ called off

  • Bitcoin shot to just shy of $7,900 (£6,000) after a controversial proposal that could have split the cryptocurrency was called off.
  • The currency had been scheduled to undergo a so-called “hard fork”, a change to bitcoin’s code that would have created an offshoot cryptocurrency, and which developers argued was necessary to keep up with the pace of its growth.
  • On Wednesday, proposals to implement the changes were suspended over fears they could divide bitcoin irreparably and damage the cryptocurrency’s growth.
  • Members of leading bitcoin exchanges supporting the “SegWit2x” proposals have signed a letter calling off the upgrade.
  • SegWit2x would have doubled the size of the bitcoin “blocks” on the blockchain, the record of bitcoin transactions, essentially making it easier to process more trades as more people join and trade bitcoin.

Bitcoin shot to just shy of $7,900 (£6,000) after a controversial proposal that could have split the cryptocurrency was called off.
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Bitcoin and Blockchain Are Among the Fastest-Growing Skills Online

#Bitcoin and blockchain are among the fastest-growing skills online

  • Demand for online freelancers who specialize in blockchain and bitcoin-related work surged last quarter, according to data compiled by  Upwork, a website that connects freelancers with employers.
  • The two skills were respectively the second and third fastest-growing skills on Upwork’s platform.
  • Aside from processing transactions for cryptocurrencies including bitcoin, blockchain could also help businesses run more efficiently by cutting out intermediaries, according to the technology’s proponents.
  • More from Bloomberg.com: Americans Are Officially Freaking Out – – Other skills in Upwork’s list of fastest-growing skills include robotics (No. 1), as well as a cybersecurity specialty called penetration testing (No. 4) and a subfield in artificial intelligence called deep learning (No. 8).
  • More from Bloomberg.com: Papa John’s Blames the NFL for Hurting Pizza Sales – – Read Bitcoin and Blockchain Are Among the Fastest-Growing Skills Online on bloomberg.com

With the price of bitcoin topping $6,000, workers with expertise in cryptocurrencies are in high demand.
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How blockchain technology can set us free from this Brexit time warp

  • In particular, negotiators need a crash course in blockchain, the distributed ledger technology that enables multiple parties to share and update records of transactions with no need for a single central authority.
  • In fact, blockchain has many potential applications post-Brexit – not least as a single central register for tracking all movements across the invisible border Mr Davis envisages.
  • Many in the City are terrified that Brexit means an end to the passporting system that enables UK-based banks, insurers and investment managers to trade across the EU, says Mr Overli – – – – – – – – Elsewhere, take customs controls, where the UK is adamant that trade…
  • Many in the City are terrified that Brexit means an end to the passporting system that enables UK-based banks, insurers and investment managers to trade across the EU.
  • A bespoke solution for the UK’s relationship with the EU should not be one that puts us back to 1973 – if we’re smart, new technologies can ease some of the Brexit pain.

Stuck in a 1973 time warp? The failure of policymakers to engage with the potential of technology during the Brexit debate is one of the most persistently disappointing aspects of the negotiations.
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Can Blockchain Solve The Prosperity Paradox?

  • It’s resulted in various projects to provide access to finance for the worlds poorest, from mobile banking to microfinance, and whilst the work of people like Muhammad Yunus have been tremendously important, I believe that the blockchain could be even more powerful.
  • “Our companies are built on the same foundation; a belief that new technologies should take the complexity out of financial services in emerging markets.
  • We’re thrilled to partner with Wala, and the 1,000’s of merchants utilising the M-vendr powered PoS are really excited to start Wala financial services and accepting Dala tokens as it will add immense value to their customers,” M-vendr say.
  • While zero-fee financial services are the immediate goal, the trust and transparency brought about by the blockchain could also lay the foundations of a modern infrastructure that solves other problems for the unbanked, such as credit scoring.
  • The progress in achieving the Millennium Development Goal on poverty so quickly is considerable, but ledger technology such as that provided by the likes of Wala provide a glimpse into a possible future where the unbanked and underbanked are increasingly enfranchised and empowered to become active participants in the global…

It would perhaps be fickle to be too critical of the global economic system given the tremendous progress made towards so many of the Millennium Developm…
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IBM far outranks Microsoft as blockchain industry leader, research says

IBM far outranks Microsoft as #blockchain industry leader, report says.
 #bitcoin #fintech

  • Blockchain technology is on the radar of a number of tech corporations – and IBM is leading the way, according to a study.
  • Big Blue has been making considerable steps forward with research and development projects aimed at broadening the scope of distributed ledger technology to include industries other than the financial services.
  • Last month it announced a partnership with Nestle, Unilever, Wal-Mart and other food giants to trace the movements of food and tackle contamination faster by using the technology.
  • According to research firm Juniper Research, the corporation is better positioned than competitor Microsoft as far as its blockchain credentials are concerned.
  • More than 40 percent of tech executives and leaders in the blockchain sector ranked IBM as top, with only 20 percent saying the same of Microsoft.

Blockchain technology is on the radar of a number of tech corporations – and IBM is leading the way, according to research.
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IBM far outranks Microsoft as blockchain industry leader, research says

IBM far outranks Microsoft as blockchain industry leader, research says

  • Blockchain technology is on the radar of a number of tech corporations – and IBM is leading the way, according to a study.
  • Big Blue has been making considerable steps forward with research and development projects aimed at broadening the scope of distributed ledger technology to include industries other than the financial services.
  • Last month it announced a partnership with Nestle, Unilever, Wal-Mart and other food giants to trace the movements of food and tackle contamination faster by using the technology.
  • According to research firm Juniper Research, the corporation is better positioned than competitor Microsoft as far as its blockchain credentials are concerned.
  • More than 40 percent of tech executives and leaders in the blockchain sector ranked IBM as top, with only 20 percent saying the same of Microsoft.

Blockchain technology is on the radar of a number of tech corporations – and IBM is leading the way, according to research.
Continue reading “IBM far outranks Microsoft as blockchain industry leader, research says”