Blockchain technology since the early 2000s has witnessed several transformations (small and big) in a few industries. In the financial services and products industry, where the movie started, is experiencing another alteration which will make the security turn much effective and robust. This piece will talk about the modification of Real-Time Gross Settlement through the...
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Blockchain has entered its third generation and the key target is enterprises. In its metamorphosis it has taken Bitcoin and Ethereum’s most useful features and tailored them to suit the growing needs of large organizations looking for tracking, traceability, confidentiality, transparency, operational cost reduction and transaction cost reduction. When looking for a blockchain solution, most...
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“The Blockchain has the ability to enhance reliability in business processes by eliminating political and economic risks associated with trusting a centralized system.” – Vitalik Buterin The Information Age began in the 1970s and we are still in the midst of it. Organizations would fail without large swathes of information related to everything they do 26,099 total...
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What can we create with AI and blockchain? “Artificial intelligence would be the ultimate version of Google. The ultimate search engine that would understand everything on the web. It would understand exactly what you wanted, and it would give you the right thing. We’re nowhere near doing that now. However, we can get incrementally closer 18,945 total...
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Most leading companies across the world today makes use of computerized supply chain management or enterprise resource planning (ERP) software for product management. With these digital infrastructure, products can be traced right from its origin to the recycle bin. However, managing supply chain is quite a complex task, given all the links from the creation 5,970 total...
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Introduction At a time when digital innovation has managed to percolate into every sphere of our life, security has grown as a major source of concern. From terrorism to money laundering and data leak, security is being compromised at different levels. The policy of KYC (Know Your Customer) was introduced as a measure to establish 4,925 total...
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Blockchain in Human Resource Management will help recruiters find “diamonds in the rough” Organizations that recruit based on verifiable credentials can find candidates who are overlooked by other organizations that focus only on traditional education and resumes. This provides a competitive edge over hiring from a limited talent pool. Possible Implementations of Blockchain Knowing employees...
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The marriage of Blockchain and IoT has emerged as one of the most promising use cases for Blockchain. This fact is again underlined by the Smart Contract product line, to be launched by the Australian IoT company, LX Group. The Smart Contract products integrating the latest technologies in IoT, LTE-M and Blockchain Technology was announced 12,103 total...
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The Constantinople upgrade for Ethereum that was to take place on the 16th of January 2019 at block #7080000, has been delayed again due to security vulnerabilities in one of its software update. In view of this hard fork update that might occur soon, here’s what to expect. Ethereum, the leading platform for Smart Contracts 1,887 total...
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Blockchain technology has managed to influence every walks of our life in a very short period of time. While the benefits of the technology far outnumber the mixed reaction it has received from the crowd, blockchain technology offers a lot of scope for innovative applications. Subscription economy and recurring payment systems are some of them. 2,804 total...
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Blockchain technology is currently underpinning the cryptocurrency such as Bitcoin. This new technology has the great potential of revolutionizing the world economy as a whole and the way we conduct business in particular. Blockchain is an open-source distributed database or ledger that uses the ‘state-of-the-art’ cryptography. It facilitates collaborative tracking of all sorts of transactions...
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