Blockchain Blog
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According to Forbes, almost all large companies with revenues of more than one billion dollars a year have already integrated the blockchain technology into their business or plan to do it as soon as possible. And there is nothing strange: any business, regardless of size, scope of activity or location, receives a lot of competitive advantages from …
In the article we will describe how to start Ethereum private blockchain with Geth, and also touch on the mechanics of Ethereum private networks.What is Ethereum Private NetworkEthereum private network is a private blockchain completely isolated from the main Ethereum network. Typically, private networks are created by organizations to store …
The insurance industry is a huge market. So, only in the USA in 2017 the volume of paid net insurance premiums amounted to 1,2 trillion dollars. However, despite such volumes, the industry is experiencing great difficulties, due to which insurance companies lose more than 80 billion dollars every year. Most of the problems are fraud, poor quality data …
In early August 2018, the IT giant IBM Corp. and global shipping company A.P. Moller-Maersk Group has announced the official launch of the platform for supply tracking and supply chain management called TradeLens (formerly known as Global Trade Digitization, or GTD). This is the first of the projects, the launch of which can dramatically improve the …
Blockchain is an excellent tool for protecting information on the Internet, because it allows you to store it in open cloud databases and at the same time provides guarantees of authenticity and security. That as well as possible approaches for procedure "Know your client", or "KYC". In the article, we will look at how the new technology will change …
Read more “Blockchain for Know Your Customer (KYC): Use Cases”
In recent years, not a single large payment system has remained that would not announce the use or implementation of the blockchain in its services. Western Union, Visa, Mastercard, PayPal, SWIFT, as well as large commercial and central banks all show great interest in the distribution register technology and are moving from theory and testing to the …
Agriculture is the largest branch of the world economy, the annual turnover of which in the United States alone exceeds $ 1 trillion (1% of the country's GDP).Moreover, this sector is one of the most inefficient. A huge number of counterfeit and spoiled products, an outdated accounting system, too long and inefficient supply chains, an excessive …
Read more “How to Use Blockchain in Agriculture: 10 Use Cases”
Bitcoin cryptocurrency blockchain is usually considered as the original blockchain of version 1.0, since this is the first modern implementation of the distributed ledger technology (DLT). Over time, blockchain 1.0 has evolved into Ethereum, which is considered to be the blockchain version 2.0. And now we are probably observing the birth of blockchain …
Read more “What is the Difference Between Hedera Hashgraph vs Blockchain vs Tangle”
Cryptocurrency transactions are enabled by digitized, decentralized, public ledger called blockchain. Blockchain development, just like any other software development environment, requires that the developers possesses a variety of skills and specialties that enable them to develop secure cryptocurrencies. Here are essential competencies of successful …
Read more “Core Competencies Of A Blockchain Developer For A Cryptocurrency”
Right from the time when the two terms Block Chain and Cryptocurrency came into being, the confusion seems to have started its forms. In place of just being formally introduced through a definition, the term block chain is now developed from the term chains of blocks. On the other hand, you have cryptocurrency, which is also noted to be a sort …
Read more “Differences Between BlockChain And Cryptocurrency That You Probably Care To Know”