Tag: blockchain
IRS Needs Private Blockchain Says Forbes Authors
Could the IRS benefit from running its own private blockchain? Forbes contributor Adam Bergman recently cited a previously undisclosed document that states the IRS "plans to spend $291 million updating 140 computer systems" to comply with new tax laws and...
Blockchain Cloud Storage: Decentralized Disruption of a Multi-Billion Dollar Industry
Cloud computing and its close cousin cloud storage represented the next big computing revolution. Now, it appears that blockchain technology has introduced a further wrinkle to the cloud computing paradigm. Traditional computing relies on processing power and storage being hosted...
Blockchain & The Internet of Things (IoT): A Look into The Future
If your refrigerator could talk to your telephone, what would it say? How about your car and your home security system? Blockchain technology is giving new meaning to the phrase, “If these walls could talk.” They can now not only...
Putting Personal Identities on the Blockchain: The Solution to Data Leaks?
“Who am I?” is an age-old philosophical question, but in the modern information economy it has become a deeply practical one as well. Proving that you are who you say you are is far from straightforward, and the cobbled-together system...
How Blockchain is Beginning to Disrupt & Transform the Real Estate Market
One of the world’s oldest businesses is about to experience disruption from one of the world’s newest. Buyers, sellers, and renters of real estate are experimenting with blockchain technology to trim burdensome middlemen from the industry. Precious few real estate...
How Blockchain Can Help the Automotive Industry Save Money
The nightmare that many car owners face during repair is daunting. The estimate repair costs for an average model can cost you thousands of dollars. As if that wasn’t enough, many repair shops overcharge their clients and get away with...
How Blockchain Technology is Expanding Among Governments & Enterprise
Blockchain, the technology behind Bitcoin and cryptocurrencies, is expanding among governments and enterprises all over the world. There are many different use cases that this revolutionary technology allows. This distributed ledger technology has many advantages that businesses and institutions may...
Cryptocurrency Guide Part 3: What Is a Blockchain?
In 2008, an anonymous figure going by the alias of Satoshi Nakamoto introduced a white paper detailing a specific software protocol that would soon come to be known as Bitcoin. Bitcoin is essentially a cryptocurrency that can be used as...
Benefits of Blockchain Technology For The Financial Services Industry
A Blockchain is a public, digital ledger that anybody can verify. It is distributed globally among a network of computers. The key point is that there is no need for a central authority to add new transactions to the ledger....
