Existing business or user interaction models (usually B2C) built
on blockchain platforms such as Ethereum.
I.e. much of what one sees labelled as smart contracts
on blockchain platforms such as Ethereum are very basic automated payment agreements, which although self - executing, and on one level are «contracts «as two parties have agreed to them, are in reality very far from the complex legal agreements that lawyers and corporates use, and upon which most business depends upon.
Yet, there are no lawyers explicitly invited to advise on the smart contracts people are placing
on blockchain platforms such as Ethereum, and if there is a dispute it is solved by a lay panel of arbiters, which again may include no lawyers at all.
Not exact matches
This is because while
blockchain addresses themselves are pseudonymous, the identities of the individuals who use those addresses can be ascertained by connecting
on -
blockchain transactions to off -
platform events,
such as the shipping of goods from one street address to another.
On this
platform, data relating to cryptocurrency transactions could be coupled with other data (
such as IP addresses) associated with particular
blockchain addresses and sold as a single item.
As
such, we have developed a 3rd - party API based layer within the Opus
blockchain that allows anybody anywhere in the world to build a local player and have it access all the songs available
on the Opus
platform.
The
blockchain platform, however, will also allow companies to track orders and use smart contracts to automatically trigger payments
on specific events,
such as an invoice notification or delivery being recorded.
«There are now
platforms such as Hyperledger and Ethereum that allow developers to build
on top of a distributed
blockchain infrastructure, which should greatly reduce the time - to - market needed to develop
blockchain - based systems,» he says.
NetDocs goes
on to say that «incorporating
blockchain technology into NetDocuments» governance
platform enables sensitive and transactional documents to be verified by posting to an open - source digital ledger, validating document details
such as canonization, approval, status, filing and other relevant document information».
A new company called Polychain Capital has raised $ 10 million in capital for a hedge fund made up of cryptocurrencies
such as bitcoin; The state of Global
Blockchain Consortia; Non-profit advocacy group called the
Blockchain Association of Ireland (BAI) will launch
on Dec14; The Central Bank of Ireland recently granted Facebook Payments International Limited (FBPIL) an e-money license, which effectively allows Facebook to facilitate peer - to - peer payments
on its
platform; Bitgive Launches Blockchain Transparency Platform Givetrack; Dollar debt issuance soars as central banks take a back seat: BIS
platform; Bitgive Launches
Blockchain Transparency
Platform Givetrack; Dollar debt issuance soars as central banks take a back seat: BIS
Platform Givetrack; Dollar debt issuance soars as central banks take a back seat: BIS report;
While its
platform can be used globally, Everex is focusing
on emerging markets,
such as Thailand and Myanmar, where it has already established a foothold, enabling migrant workers to send money back home through
blockchain - powered transactions.
The immutability and decentralized nature of public
blockchain networks,
such as bitcoin and Ethereum, could allow governments to process large amounts of sensitive information
on an unchangeable and transparent
platform.
Blockchain, more recently, has allowed the conception of smart contracts
on platforms such as Ethereum.
BBVA belongs to the leading consortiums working
on developing
platforms and proofs of concept related to
blockchain,
such as R3, Hyperledger, Enterprise Ethereum Alliance and Alastria.
One
such example is GameCredits, a
blockchain firm working
on a namesake gaming
platform based
on the Ethereum
blockchain.
The glut of 2.0
platforms -
such as Factom and Counterparty - often function by running abstratction layers
on top of the bitcoin
blockchain.
I am betting we'll see gambling
platforms built
on several different
blockchains in the future,
such as Bitcoin Cash, paving the way for even more functionality and innovation in this space.
One of the most substantial benefits of building
on the Ethereum
Blockchain is the ability to interact instantly without the need for any third parties
such as payment
platforms, banks or other verification systems.
Learning Machine CEO and co-founder Chris Jagers emphasized upon the point that
platforms such as Blockcerts have a significant role to play as the organizations and students can verify their credentials
on the unalterable Bitcoin
Blockchain even after the issuer of credentials decide to terminate their operations.
Two companies taking advantage of the market are MandelDuck, the company behind
such games as SaruTobi, Game of Birds and KA - GE and Counterparty, a peer - to - peer financial
platform built
on the bitcoin
blockchain that allows users to create and trade digital tokens, write smart contracts and execute them
on the bitcoin
blockchain.
On top of that, the Bitcoin ecosystem attracts most of the development effort and capital investments in this space and as
such is the most market ready
blockchain platform.
From your reports, we take actions
such as report phishing sites to search engines, mark fake social media accounts as malicious
on respective
platforms, and submit known malicious public keys to exchanges and
blockchain explorers.
Initially focused
on using public
blockchains such those that power the bitcoin and ethereum, the collaborators including infrastructure provider Bloq, auditing firm Libra and identity
platform Netki, are now working with a bank to build out a private
blockchain solution.
Nxt is an advanced
blockchain platform which builds
on and improves the basic functionality of pioneering cryptocurrencies
such as Bitcoin and litecoin.
By enabling peer - to - peer payments between users and content producers
on the
blockchain, StreamSpace removes the taxing fees and rules that services
such as Amazon and Netflix impose
on their
platforms.
Synereo was initially known for its attempt to create a decentralized social network, but after spending years developing a decentralized social media solution
on the basis of existing
blockchain technologies, the company announced lately that it had widened its operations considerably in order to develop its own
blockchain enabled decentralized computation
platform, capable of running all forms of decentralized applications, the company's social network being one
such application.
NXT is an open - source application
platform which offers products
such as asset exchanges and monetary systems for those wishing to launch their own digital currencies; data cloud storage software, voting systems, account control for decentralized autonomous organizations (DOAs); and a
blockchain creation kit for developers to launch their own
blockchain platforms on the Nxt ecosystem.
On the second day of the summit, Jeff Garzik and leading financial establishments
such as UBS, CME Group and Russia's Sberbank discussed the potential of integrating
blockchain networks into core banking systems and financial
platforms.