Tag: Blockchain Technology
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Blockchain Company Chain CEO Explains How Blockchain Technology Is
by gulaiymBusiness Insider's Sara Silverstein spoke with Adam Ludwin, CEO of blockchain technology firm Chain, at the World Economic Forum in Davos, Switzerland. The following is a transcript of the interview. Silverstein: Can you help me understand what Chain does? Ludwin: We build software and sell it to …
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Trader Says Blockchain Technology Boosts Microsoft Earnings
by gulaiymMicrosoft is set to report quarterly earnings Wednesday after the bell, and one trader is bullish on the name in part because of the tech giant’s foray into the world of blockchain technology. The stock, which hit an all-time high Monday, looks well-positioned into earnings, said Michael Bapis, partner and managing director at the Bapis Group […]
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Blockchain Could Make the Biggest Difference in Developing Countries
by gulaiymDue its distributed nature, recording new assets on a blockchain can be quite slow, with transaction times measured in hours or even days rather than the seconds that are typical of e-commerce. As such, blockchain technology is a poor substitute for existing ownership records in developed or even …
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Revolutionize Health Care True Blockchain Technology
byEven if bitcoin and the cryptocurrency trend turns out to be a massive bubble, the technology that supports the new sector may be here to stay. Blockchain technology has already seen many broad applications in areas separate from cryptocurrency, according to a report by CoinSpeaker. (See also: 6 …
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George Soros Use Blockchain Technology To Help Migrants
byGeorge Soros, the billionaire investor and philanthropist working to ease the global refugee crisis, said Thursday that he's found a new way to help migrants: blockchain technology. Speaking at the World Economic Forum in Davos, Switzerland, Soros explained how the technology underpinning …
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This Years Spending On Blockchain Technology Reach $2.1 Billion
bySpending by enterprises and other entities on blockchain networks is expected to reach $2.1 billion this year, more than double what was spent on the distributed electronic ledger technology in 2017. The U.S. will lead the world in blockchain investments, accounting for 40% of spending, followed by …
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De Beers Is Using Blockchain Technology To Authenticate Its Diamonds
byDe Beers is piloting a blockchain program in order to ensure all diamonds are conflict-free and natural, while also enhancing efficiency across the sector. The industry-wide initiative will take advantage of the very nature of blockchain technology – providing an immutable, permanent record for every diamond registered on it from the moment they are dug up from […]
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Blockchain Technology Can Improve The Scientific Method
byBlockchain technology has become synonymous with hype – exhibit A is Bitcoin, a digital currency that uses blockchain, and whose valuation has, in recent months, been pushed wildly up and down by waves of speculator exuberance and panic. But the technology, which promises to use a decentralised system of online records to do away with […]
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First Successful Agriculture Cargo Shipment Using Blockchain Technology Completed
byThe applications of Blockchain technology are potentially endless – and every year we are hearing more uses in business and trade. Cryptocurrencies remain in the limelight but that hasn’t stopped multinational companies from forging ahead with their own Blockchain solutions in an effort to streamline business. As it so happens, a new milestone has been reached by mainstream industries […]
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Experts Say Blockchain Technology Will Be Useful For Many Different Industries
byAs bitcoin prices fluctuate, indicating uncertainty about the ultimate viability of cryptocurrency, other use of its underlying blockchain technology is increasing and may represent the future of information transfer technology in many industries, including banking, and to some extent, healthcare.
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