Accenture, Microsoft Team Up on Blockchain-Based Digital ID Network

@Accenture and @Microsoft Team Up on Blockchain-Based Digital ID Network - launch at #ID2020

  • “Without an identity you can’t access education, financial services, healthcare, you name it.
  • You are disenfranchised and marginalized from society,” David Treat, a managing director in Accenture’s financial services practice, said in an interview.
  • One of the main advantages of blockchain is that it allows systems of different organizations to communicate with each other, Yorke Rhodes, global business strategist at Microsoft, said in an interview.
  • The prototype was built on top of an existing Accenture platform, which powers the biometric identity management system used by the UN High Commissioner for Refugees.
  • Accenture and Microsoft, which worked on the prototype with managed service provider Avanade Inc, are inviting other companies to join their and Cisco Systems Inc are among the organizations involved in ID2020.

Accenture Plc and Microsoft Corp are teaming up to build a digital ID network using blockchain technology, as part of a United Nations-supported project to provide legal identification to 1.1 billion people worldwide with no official documents.
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Accenture, Microsoft Team Up on Blockchain-Based Digital ID Network

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Accenture Plc and Microsoft Corp are teaming up to build a digital ID network using blockchain technology, as part of a United Nations-supported project to provide legal identification to 1.1 billion people worldwide with no official documents.
Continue reading “Accenture, Microsoft Team Up on Blockchain-Based Digital ID Network”

Blockchain will underpin our future energy system

  • The combination of smart grids, prosumers and blockchain may build a transparent platform for the cheap, clean flow of renewable energy from the grid to homes and from homes to the grid.
  • With over half the world population now living in cities, mass transport, energy systems and integration of distributed renewable energy are becoming ever more important, as is the growth of new services on top of information and communication technologies.
  • Blockchain technology has the potential to make distributed grid management easier through “smart contracts”.
  • Blockchain technology could also have a direct impact on grid management and storage, and play a central role in the rise of so-called “virtual power plants” – energy-generating resources connected across a smart grid but that aren’t necessarily concentrated in one central location.
  • Blockchain technology can disrupt the energy system and boost energy democracy.

Blockchain today might be like the internet in 1993: even though most of us don’t know what it is, a decade from now you will wonder how society ever fun…
Continue reading “Blockchain will underpin our future energy system”

Blockchain will underpin our future energy system

  • Blockchain will underpin our future energy system
  • Blockchain technology can disrupt the energy system and boost energy democracy.
  • Blockchain technology has the potential to make distributed grid management easier through “smart contracts”.
  • For most of us, we won’t need to struggle to understand the technology, about TCP/IP and HTML once the internet took flight.
  • Blockchain technology could also have a direct impact on grid management and storage, and play a central role in the rise of so-called “virtual power plants” – energy-generating resources connected across a smart grid but that aren’t necessarily concentrated in one central location.

Blockchain today might be like the internet in 1993: even though most of us don’t know what it is, a decade from now you will wonder how society ever fun…
Continue reading “Blockchain will underpin our future energy system”

Blockchain will underpin our future energy system

  • Blockchain will underpin our future energy system
  • Blockchain technology can disrupt the energy system and boost energy democracy.
  • Blockchain technology has the potential to make distributed grid management easier through “smart contracts”.
  • Blockchain technology could also have a direct impact on grid management and storage, and play a central role in the rise of so-called “virtual power plants” – energy-generating resources connected across a smart grid but that aren’t necessarily concentrated in one central location.
  • Blockchain is the technology behind the digital currency bitcoin.

Blockchain today might be like the internet in 1993: even though most of us don’t know what it is, a decade from now you will wonder how society ever fun…
Continue reading “Blockchain will underpin our future energy system”

Blockchain will underpin our future energy system

#Blockchain will underpin our future #Energy system  #EnergyTech

  • Blockchain will underpin our future energy system
  • Blockchain technology can disrupt the energy system and boost energy democracy.
  • Blockchain technology has the potential to make distributed grid management easier through “smart contracts”.
  • Blockchain technology could also have a direct impact on grid management and storage, and play a central role in the rise of so-called “virtual power plants” – energy-generating resources connected across a smart grid but that aren’t necessarily concentrated in one central location.
  • Blockchain is the technology behind the digital currency bitcoin.

Blockchain today might be like the internet in 1993: even though most of us don’t know what it is, a decade from now you will wonder how society ever fun…
Continue reading “Blockchain will underpin our future energy system”

Blockchain will underpin our future energy system

  • Blockchain will underpin our future energy system
  • Blockchain technology can disrupt the energy system and boost energy democracy.
  • Blockchain technology has the potential to make distributed grid management easier through “smart contracts”.
  • Blockchain technology could also have a direct impact on grid management and storage, and play a central role in the rise of so-called “virtual power plants” – energy-generating resources connected across a smart grid but that aren’t necessarily concentrated in one central location.
  • Blockchain is the technology behind the digital currency bitcoin.

Blockchain today might be like the internet in 1993: even though most of us don’t know what it is, a decade from now you will wonder how society ever fun…
Continue reading “Blockchain will underpin our future energy system”