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.”
Continue reading “HPE Will Now Sell ‘Blockchain 2.0’ for Cars, Banks and Planes”

Disrupting the Disruptors: Why Experts think the Blockchain will rock Uber and Airbnb

Disrupting the Disruptors: Why Experts think the #blockchain will rock Uber and Airbnb

  • And while the vast potential of blockchain technology is known in the ‘crypto’ world, many people do not necessarily appreciate the potential that this technology has to completely disrupt longstanding companies and institutions throughout the world.
  • This becomes doubly true when talking about sharing economy services like Uber and Airbnb — the distributed ledger that is the blockchain is well-suited to take over the types of transactions that happen within these services.
  • A: Shared economy companies are inherently open and willing to take advantage of blockchain technologies, because by nature they are usually disruptive entities in their own right with a given marketplace or ecosystem.
  • The problem of giving management of security of user authentication to any trusted party is the potential of breaches, as we’ve seen in numerous examples with larger retailers and credit cards, as well as service providers with and login a distributed ledger and no trusted authority, this problem can be…
  • A: There are many exciting aspects of blockchain technology that can be particularly effective and exciting for sharing economy companies, providing the ability for various parties to make an exchange data without the oversight or intermediation of a third party.

There are already over 1174 listed cryptocurrencies on CoinMarketCap as of October 2017 and that number grows every week (1). And while the vast potentia…
Continue reading “Disrupting the Disruptors: Why Experts think the Blockchain will rock Uber and Airbnb”

Disrupting the Disruptors: Why Experts think the Blockchain will rock Uber and Airbnb

  • And while the vast potential of blockchain technology is known in the ‘crypto’ world, many people do not necessarily appreciate the potential that this technology has to completely disrupt longstanding companies and institutions throughout the world.
  • This becomes doubly true when talking about sharing economy services like Uber and Airbnb — the distributed ledger that is the blockchain is well-suited to take over the types of transactions that happen within these services.
  • A: Shared economy companies are inherently open and willing to take advantage of blockchain technologies, because by nature they are usually disruptive entities in their own right with a given marketplace or ecosystem.
  • The problem of giving management of security of user authentication to any trusted party is the potential of breaches, as we’ve seen in numerous examples with larger retailers and credit cards, as well as service providers with and login a distributed ledger and no trusted authority, this problem can be…
  • A: There are many exciting aspects of blockchain technology that can be particularly effective and exciting for sharing economy companies, providing the ability for various parties to make an exchange data without the oversight or intermediation of a third party.

There are already over 1174 listed cryptocurrencies on CoinMarketCap as of October 2017 and that number grows every week (1). And while the vast potentia…
Continue reading “Disrupting the Disruptors: Why Experts think the Blockchain will rock Uber and Airbnb”

The Move Towards Healthcare Blockchains

  • Earlier this year Google’s British AI division DeepMind announced the launch of a blockchain like ledger for managing healthcare data.
  • The tokens, known as PTY, will be traded via a secure, closed loop ledger system that aims to connect up all parties in the healthcare ecosystem to allow for the exchange of health data within a highly-secure, blockchain powered health information exchange (HIE).
  • The company believe that their use of blockchain will encourage providers to offer better care to patients, whilst also adopting innovative practices that join up care more effectively through the sharing of patient data.
  • Using blockchain technology, Patientory encrypts medical patient information in hospitals and insurance companies so that it is not centralized data, but it is distributed, thus meeting HIPAA Security Rules.
  • We are certainly in the midst of a digital health revolution however, and whilst I’m not sure that blockchain will play an inevitable role in providing secure and patient centered data, it will it seems inevitably play its part in our move in that direction.

Earlier this year Google’s British AI division DeepMind announced the launch of a blockchain like ledger for managing healthcare data.  The aim is t…
Continue reading “The Move Towards Healthcare Blockchains”

The Move Towards Healthcare Blockchains

  • Earlier this year Google’s British AI division DeepMind announced the launch of a blockchain like ledger for managing healthcare data.
  • The tokens, known as PTY, will be traded via a secure, closed loop ledger system that aims to connect up all parties in the healthcare ecosystem to allow for the exchange of health data within a highly-secure, blockchain powered health information exchange (HIE).
  • The company believe that their use of blockchain will encourage providers to offer better care to patients, whilst also adopting innovative practices that join up care more effectively through the sharing of patient data.
  • Using blockchain technology, Patientory encrypts medical patient information in hospitals and insurance companies so that it is not centralized data, but it is distributed, thus meeting HIPPA Security Rules.
  • We are certainly in the midst of a digital health revolution however, and whilst I’m not sure that blockchain will play an inevitable role in providing secure and patient centered data, it will it seems inevitably play its part in our move in that direction.

Earlier this year Google’s British AI division DeepMind announced the launch of a blockchain like ledger for managing healthcare data.  The aim is t…
Continue reading “The Move Towards Healthcare Blockchains”

Who owns blockchain? Goldman, BofA amass patents for coming wars

Who owns #blockchain? Goldman, BofA amass patents for coming wars

  • Search Teams Find Data Recorder From Russian Military Crash, Officials Say
  • Coast guard spokesman Armand Balilo said 14 other crewmen have been rescued and one died after the M/V Starlite Atlantic sank off Mabini town in Batangas province, where the powerful typhoon passed Monday on its way out of the country into the South China Sea.
  • NBI officials said the latest raid occurred at an apartment rented by a Chinese national who wasn’t present when the operation took place.
  • SitRep: China’s Aircraft Carrier Making Taiwan Nervous; Russia Hits Obama, Looks Forward to Trump
  • China is going to beat the United States back to the Moon

In the headlong rush to revolutionize modern finance, blockchain enthusiasts are overlooking one potentially costly problem: Their applications, built on open-source code, may actually belong to someone else. Recently, some of the biggest names in business, from Goldman Sachs to Bank of America and Mastercard, have quietly patented some of the most promising blockchain technologies for themselves. Through mid-November, the number of patents that companies have obtained or said they’ve applied for has roughly doubled since the start of the year, according to law firm Reed Smith. As the blockchain — essentially a shared, cryptographically secure ledger of transactions — evolves beyond its techno-utopian roots and startups like Chain and Hyperledger open their source code to the public, the risk is growing that patents will turn into powerful weapons in protracted lawsuits over intellectual property, especially in the hands of trolls trying to cash in on the technology’s skyrocketing rise.
Continue reading “Who owns blockchain? Goldman, BofA amass patents for coming wars”