«There is an urgent need for
practical uses of blockchain technology to bring it to the masses.
IBM is trying to position itself at the forefront of the «heated» competition for
practical uses of blockchain technology.
Not exact matches
The smartest bet is to focus on the work
of seasoned technologists who are
using blockchain technology to develop
practical new platforms for business, e-commerce, and social media.
Although
blockchain is gaining wide - spread acknowledgement and
use in the sector, there are still a number
of uncertainties surrounding the
technology and a combination
of technological, regulatory and other
practical challenges could stall its growth.
Companies involved in
blockchain projects are introducing
practical implementations
of the
technology, and financial institutions are among those interested in how they can
use distributed ledger
technology.
Because it
uses zero - knowledge proofs to verify and validate transactions, ZCash's
blockchain has
practical utility for businesses and large organizations interested in systems that combine the benefits
of blockchain technology with privacy.