article thumbnail

Blockchain and bitcoin for business

Tech News Gather

Blockchain and bitcoin offer a way of tracking and securing these relationships cost-effectively. Blockchain is a payment system supported by a distributed database or ledger that records all transactions across a peer-to-peer network. Transactions made on the blockchain depend on the cryptocurrency being exchanged.

article thumbnail

Fit and value: The business case for blockchain

O'Reilly

Blockchains have a uniquely tumultuous early history for an enterprise technology—from a mysterious origin story, to a sensational first application in bitcoin, to a swift fall from a particularly frothy hype cycle. Blockchain technology provides the encrypted distributed ledger that made the first cryptocurrency, bitcoin, possible.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

5 industries that demonstrate how blockchains go beyond finance

O'Reilly

Although blockchain technology is still in its early days, momentum has been building in the enterprise. While there has been much focus on blockchains in banking and payments, its impact has already extended far beyond finance. When a land title changes hands, it would be verified via the blockchain, and recorded again.

article thumbnail

Database Technology in a Blockchain World

VoltDB

It’s just about official—blockchain has taken over the world. Or, to be more accurate, the idea of blockchain has taken over the world. become Long Blockchain Corp. and Kodak revive itself with blockchain aspirations. Even still, the ecosystem of blockchain projects is quickly filling up.

article thumbnail

Database Technology in a Blockchain World

VoltDB

It’s just about official—blockchain has taken over the world. Or, to be more accurate, the idea of blockchain has taken over the world. become Long Blockchain Corp. and Kodak revive itself with blockchain aspirations. Even still, the ecosystem of blockchain projects is quickly filling up.

article thumbnail

Understanding Bitcoin’s Impact on Self-governing Quark Fusion Reactors

Tech News Gather

Basics of Bitcoin and the Blockchain Technology Historical Evolution and the Rise of Bitcoin: Bitcoin, introduced in 2008 by the pseudonymous Satoshi Nakamoto, revolutionized the world of finance. It’s a decentralized digital currency, free from government interference, and operates on a technology called blockchain.

article thumbnail

AnyLog: a grand unification of the Internet of things

The Morning Paper

Micropayments require an environment of trust, and in a decentralised context that leads us to blockchains. A blockchain holds the metadata catalog for the system (participants register on the blockchain for discovery purposes) and also provides the trust and dispute resolution anchor for micropayments.