As these blockchain solutions come closer to reality, the companies backing their production are beginning to pick sides.
Unlike Bitcoin and other cryptocurrencies that are largely founded on the premises of deregulation and decentralization, Ripple has openly marketed
itself as a blockchain solution for traditional financial institutions.
Ethereum, for example, has been referred to
as a blockchain solution without the baggage and regulation of bitcoin - yet as a public blockchain (ie: one that is not privately controlled and that has an asset value that typically trades on public exchanges), it faces the exact same regulatory issues that bitcoin does as a virtual currency (KYC, AML, MTL, etc).
Not exact matches
What else — why is
blockchain used
as a
solution for so many things, and why is that any better than a centralized database?
As BloombergView's Matt Levine has been regularly chronicling, recent ICOs include a dental industry «
blockchain solution,» plus things called TulipToken, BananaCoin and Jesus Coin.
«I don't have a strong opinion on cryptocurrencies, but I have a strong opinion on the
blockchain as a
solution for contracts and supply chains and the internet of things, Cuomo says.
There has been much debate about how
blockchain could solve this problem, but a recent Newsweek report detailing the example of a home title being issued on the Ethereum
blockchain showed a
solution: It's only a matter of time, the article said, before government agencies start embracing
blockchain as a valid alternative to existing title processes.
To date, the alliance has added over 14 firms
as members, according to this Coin Telegraph article, to help drive development and adoption of
blockchain solutions for the legal industry.
In addition to the operational and cost benefits, improved parts management could speed up safety checks after an accident, industry experts said, and an increasing number of aerospace suppliers are looking at
blockchain as a potential
solution.
The US Department of Veterans Affairs is open to adopting
blockchain solutions that address problems such
as health data sharing and interoperability.
Putin, whose statements are often interpreted by Russia - watchers
as a bellwether, suggested on October 10 that
blockchain technology might offer «new...
solutions» to the Federation's «banking sphere,» but cautioned that the «use of cryptocurrencies also carries serious risks.»
Baidu, which became a member of Hyperledger in late 2017, announced in January that it had launched a
blockchain -
as - a-service platform, atop which other entities can develop
solutions relating to digital currency, «insurance management, financial auditing and more.»
This microfinancing
solution leverages
blockchain technology to finance through top cryptocurrencies such
as Bitcoin, Ethereum and Ripple against up to 80 % of investors collateralized crypto assets value.
However, the recent activity in Korea shouldn't come
as a surprise
as other countries around the world have begun to adopt
blockchain fintech regulations and
solutions as well.
AFFILICHAIN is a new ICO marketing tracking
solution developed by tokentarget, and aims to support the
blockchain industry
as mainstream marketing avenues narrow down.
As the only provider of enterprise
blockchain solutions, Ripple's growing, global network includes 12 of the top 50 global banks, ten banks in commercial deal phases, and over 30 bank...
As a non-profit organization, we are committed to promoting the development and adoption of the NEM
blockchain solution.
However,
as Finextra points out, the hype cycle is calming down
as bankers and financial institutions come to recognize that
blockchain is best applied to use cases such
as cross-border payments, where the risk of relying on outdated technology outweighs hesitance to try a new
solution.
Blockchain and its associated smart contracts have arisen as a possible solution for small businesses that need to...
As the only provider of enterprise
blockchain solutions, Ripple's growing, global network includes 12 of the top 50 global banks, ten banks in commercial deal phases, and over 30 bank pilots completed, among many others also using Ripple's
solutions.
Blockchain Mining Ltd. reported yesterday that the Canadian company that was recently merged into it, Backbone Hosting
Solutions Inc. (which trades
as Bitfarms
as a digital currency miner) had decided not to proceed with an offering of convertible bonds announced in March.
The non-profit foundation will work to devise and promote standards for integrating
blockchain technology into automotive travel and will employ an «open source approach»
as it pursues transportation
solutions.
As a high growth crypto - finance company with over $ 1bn in AUM, CoinShares is on the cutting edge of developing financial
solutions in the
blockchain and cryptocurrency space.
In conclusion, this new Decree on Digital Economy Development cements Belarus» status
as a «crypto - country» and opens up an entire world of possibilities for IT companies specializing in
blockchain and crypto - based products and
solutions.
As excitement has grown, so have forecasts of
blockchain solutions to identification and migration, supply chain - transparency, land registration, lending to the poor, and a host of other social and environmental challenges.
Created in partnership with more than 50 coders representing dozens of companies, the software joins the IBM - contributed Hyperledger Fabric and R3's Corda
as the latest
blockchain solutions to release a version intended to give developers a sense of confidence.
cements Belarus» status
as a «crypto - country» and opens up an entire world of possibilities for IT companies specializing in
blockchain and crypto - based products and
solutions.
As to BIT.GAME
Solution, he said, «There are 2 features about it, Off - Chain Circulation and Multiple - Public
blockchain Solution.
As an enabler of cost reductions, transparency, and immutability, a fair amount of firms within the newly coined «fintech industry» have developed
blockchain - based
solutions for the tracking of marketable items like commodities, assets, and securities.
NuCypher is a
solution that will be of particular interest to those building decentralized application that deals with private or sensitive data
as it will enable a privacy layer for public
blockchain and decentralized applications through a technology called proxy re-encryption.
The movement started with the Kin foundation announcing they were adding Stellar
as a second platform, a fact that, on many levels let it clear that the Stellar network is simply a better
blockchain; and this is not surprising at all, Ethereum appears to be dealing with lots of issues from long ago now — and what's worse, the
solutions haven't been determined yet.
In November 2017, Tencent launched a
blockchain -
as - a-service (BaaS) platform called TrustSQL, which offers clients the ability to «Build a safe and efficient
solution based on scenario with self - controllable
blockchain infrastructure,» according to its website.
Described
as the «Next Generation of
Blockchain» IOTA
as a cryptocurrency aims to provide a secure, lightweight and fast
solution to micro-transactions, all without charging fees
as you see in Bitcoin, Ethereum and other cryptocurrencies.
This has led to progress in the area of track and trace, with
blockchain companies like Skuchain and Everledger developing
solutions that can track commodities such
as avocados and diamonds from source to point of sale.
The surge in Ripple's price over the two years is largely attributable to the adoption of the Ripple
blockchain by Japanese banks and increased interest by other global finance institutions
as it provides suitable settlements platform that is far more reliable than the current
solutions such
as SWIFT.
DASH (Digital Cash) was one of the first altcoins to be fully promoted
as a payment
solution in the
blockchain era.
Gem, a Californian provider of
blockchain solutions for enterprise, creates flexible
blockchain applications that can adapt to different protocols, such
as Ethereum or Hyperledger.
By providing a
solution that serves
as a gateway to the world of
blockchain and cryptocurrencies with all their perks, we aim to enhance the betting experience, while increasing the service provider's profit margins and market coverage.
The joint research undertaken by the two companies will examine how
blockchain, the technology at the basis of cryptocurrencies such
as Bitcoin, could be used for developing innovative cybersecurity
solutions, such
as secure transmission of information between services and supply chains, user authentication, critical devices and elements that run with no human intervention and additional
solutions for the cyber challenges in a hyper - connected world.
The use of a payment
blockchain solution will see increased efficiency, transparency and security
as well
as
We are confident that more mainstream businesses will join the fray
as they begin to take cryptocurrencies seriously
as a means to broaden their investment portfolio into the nascent
blockchain technology powered businesses,» commented Takao Asayama, CEO of Tech Bureau, Corp. «COMSA is a one stop shop
solution for token creation and exchange.»
As part of the project, a COMSA team is now already in place to provide companies with consultation, expertise and solutions to support their very own ICOs and implement blockchain technology into their business practices using our Zaif exchange and mijin private blockchain software, all at the same time, as a one - stop solutio
As part of the project, a COMSA team is now already in place to provide companies with consultation, expertise and
solutions to support their very own ICOs and implement
blockchain technology into their business practices using our Zaif exchange and mijin private
blockchain software, all at the same time,
as a one - stop solutio
as a one - stop
solution.
Bryan Cutter is the chief investment officer for cryptocurrency investments at Queen Capital, a private investment holding in Singapore which invests in private equity investments in
blockchain startups, fintech, medtech and logistics
solutions,
as well
as a trading division specializing in cryptocurrencies.
The
solution to this problem, in my view
as a scholar of «internet of things» technology,
blockchain systems and cybersecurity, could be a new way of tracking and distributing security software updates using
blockchains.
The first step people get to when mentioning
blockchain for books is
as a
solution for micro-payments and safer economic
solutions for authors.
Blockchain technology has spawned a number of innovative
solutions, such
as those introduced in the Global Legal Hackathon — a worldwide competition of groups collaborating on technologies for the legal profession.
If such provisions require firms to utilize
blockchain technology such
as smart contracts on certain types of matters, firms must ensure they have the appropriate technology and administrative
solutions in place to comply.
Exigent has appointed its COO Wayne Ramsay to chief strategy officer
as it says it plans to broaden out its pure play legal process outsourcing and contract management and automation offering to include working with the C - suite on more bespoke technology
solutions including AI and
blockchain.
The
solution, in brief, involved undoing the hack by creating an alternative version of the
blockchain on which the hack never happened — what is known
as a «hard fork».
DocsCorp's president and co-founder Dean Sappey reflects back on the most interesting themes to arise from LegalTech New York, including the inexorable growth of cloud
as law firms cut costs and embrace flexible working,
as blockchain technology gains traction and artificial intelligence
solutions look likely to go mainstream.