Sentences with phrase «big applications of blockchain»

The very digital landscape that proves so difficult for artists could well increase the possibility of profits for artists online.Physical art was one of the first big applications of blockchain technology.The concept of integrating blockchain technology into the art industry is not untested.

Not exact matches

Here's what we can expect in legal tech in 2017: Blockchain While Blockchain is in its infancy, as Bettina Warburg states in the Ted Talk below, the conversations and tests of its application will be a big... More 2017 Legal Tech Predictions

While the debate between Bitcoin and blockchain technology has raged for a couple of years now, 2016 saw the rollout of an actual consumer application from a big bank based on blockchain technology.

If successful, the privacy - oriented, public blockchain could eventually form the foundation of an ecosystem of distributed applications built by both consumers and big banks looking for a more private means to transact.

One of China's «Big Four» banks is close to launching a blockchain application aimed at the insurance and banking sectors.

As I stated in one of my articles before, I don't doubt the validity of the crypto - boom for a second, and I believe that blockchain applications are one of the next big things.

«In the short term, the biggest change will be the ability for members to contribute toward hardening of Burrow's EVM implementation in order to support production - grade ecosystem applications... In the medium term, we will be working with other Hyperledger projects to ensure that Burrow runs well in combination with various blockchain bases such as Sawtooth Lake and Fabric.»

The worlds third biggest smartphone manufacturer, Huawei, is also considering a blockchain - based smartphone line with the option of running applications based on blockchain technology.

One of the biggest problems for many existing blockchain - based applications, including bitcoin, is scaling.

The issue is that most ICOs, or blockchain applications, don't put enough thought into data collection from the outset, as there are tons of important factors that can influence the value of the data and if you fail to structure your data collection correctly from the outset you could be losing big down the track when it comes to valuing your most important asset.

CoinDesk The Bank of China is partnering with Tencent, one of the country's biggest internet companies, to trial blockchain tech in financial applications.

But while some in the crypto community are skeptical of this new trend («Dear god no,» said one reddit user to the idea of Pokemon on the blockchain), others see CryptoKitties as an unlikely pioneer in what could be one of the platform's biggest applications.

All the funds will be used to develop the «Telegram Open Network» (TON) which is quite an ambitious project as Telegram claims it to be a «third - generation» blockchain that will be hosting the company's own «gram» tokens and in addition, it will be a complete ecosystem many times bigger the size of Ethereum allowing people to make their decentralized applications on its platform.