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Large corporations such as IBM and Walmart are developing blockchain solutions that solve many issues with fraud. But, the blockchain is not a perfect tool, and without multifactor authentication, it is vulnerable to attacks.
There are countless proof-of-concept projects competing for investors' money and resources. Some will stand the test of time, but others will prove to be overhyped and underwhelming when it comes to market acceptance and performance. We asked experts for their thoughts on which blockchain projects currently look most promising.
Luis Cuende has been building software since he was 12. He has now launched a blockchain solution for decentralized businesses. Blockchain Tech News sat down with Cuende to get his perspective on the blockchain now and in the future.
One area where the blockchain is gaining a foothold is in intellectual property, where it's being used mainly as a way to ensure that artists and musicians receive recognition and compensation for their work, no matter where it might pop up on the internet.
It's rare for a day to go by without a bank, startup or financial firm jumping on board the blockchain hype train. But before we get too excited, however, we need to understand the basics of the blockchain.
Blockchain technology makes securities registration more secure and efficient. Because blockchains are decentralized systems, they provide a distributed method of equity registration and information tracking, bringing greater ease of use and improved security.
The IoT is building up a lot of hype, but it is still unclear how it will improve customer experience. Panelists at the CONNECT Mobile Innovation Summit last month discussed where IoT is going and which direction it should take.
We have now passed the halfway mark on 2016; over the past six months, we've seen general guides on bitcoin and the blockchain as well as discussions of bitcoin crime and how to battle it with the blockchain.
Blockchain technology has pushed into a new area — peer to peer energy transactions. Using blockchain technology, residents can buy and sell renewable and nonrenewable energy sources through a microgrid.