Three Industries You Didn’t Know Blockchain Is Disrupting

  • A de-centralised ledger verified by a network of computers all over the world, Blockchain is driving a change in business strategy and consumer behaviour by facilitating innovations such as smart contacts and other peer-to-peer transactions.
  • Consumers have also been given ways to get in on the act, with the growth of organisations such as the Ethereum public blockchain offering a portal for anyone with an internet connection to set up smart contracts.
  • The rise of Blockchain has sparked fears it could replace aspects of utility companies’ business, by enabling trends such as peer-to-peer energy trading, given that technology reduces the necessity for intermediary organisations.
  • As with any budding technology however, the reality is that Blockchain is only now emerging from its infancy and challenges plague businesses as they attempt to use it, such as scalability and cost.
  • It’s important that organisations at least understand the trends and potential applications of the technology, to ensure their systems are compatible with digital innovations, not necessarily a small task with a revolutionary platform such as Blockchain.

Some have heralded it as the next iteration of a cashless society, a system with the potential to revolutionise archaic methods of transferring money, wh…
Continue reading “Three Industries You Didn’t Know Blockchain Is Disrupting”

Three Industries You Didn’t Know Blockchain Is Disrupting

  • A de-centralised ledger verified by a network of computers all over the world, Blockchain is driving a change in business strategy and consumer behaviour by facilitating innovations such as smart contacts and other peer-to-peer transactions.
  • Consumers have also been given ways to get in on the act, with the growth of organisations such as the Ethereum public blockchain offering a portal for anyone with an internet connection to set up smart contracts.
  • The rise of Blockchain has sparked fears it could replace aspects of utility companies’ business, by enabling trends such as peer-to-peer energy trading, given that technology reduces the necessity for intermediary organisations.
  • As with any budding technology however, the reality is that Blockchain is only now emerging from its infancy and challenges plague businesses as they attempt to use it, such as scalability and cost.
  • It’s important that organisations at least understand the trends and potential applications of the technology, to ensure their systems are compatible with digital innovations, not necessarily a small task with a revolutionary platform such as Blockchain.

Some have heralded it as the next iteration of a cashless society, a system with the potential to revolutionise archaic methods of transferring money, wh…
Continue reading “Three Industries You Didn’t Know Blockchain Is Disrupting”

Microsoft marches further into Ethereum Blockchain as a Service with ‘Cryplets’ and ‘Enclaves’

Microsoft marches further into #ethereum #blockchain as a Service with Cryplets and Enclaves

  • Militant attacks in France have hit tourism in the country since last year. “
  • Earlier this year the US agency took Apple to court – and sparked a worldwide privacy debate – as it fought to get the iPhone of San Bernardino terrorist Syed Rizwan Farook unlocked.
  • A 26-page white paper has been released by Microsoft on Cryplet innovations, added Gray. “
  • Taking to the stage at DevCon2, Marley Gray, who heads the Ethereum BaaS on the Azure project, pointed out that he had to do some horrible things to get Microsoft to agree to sponsor it last year. “
  • House prices in London’s prime locations will fall by 9 percent this year and not grow again until 2019 as buyers, already hit by increased property taxes, wait to see the outcome of Brexit divorce talks, estate agents Savills said.

In the year since it publicly announced backing for Ethereum via the Azure Cloud Blockchain-as-a-Service (BaaS), Microsoft has been busy. Taking to the stage at DevCon2, Marley Gray, who heads the Ethereum BaaS on the Azure project, pointed out that he had to do some horrible things to get Microsoft
Continue reading “Microsoft marches further into Ethereum Blockchain as a Service with ‘Cryplets’ and ‘Enclaves’”