Blockchain technology is a type of distributed ledger that consists of blocks of information that are linked together in an encrypted chain of transactions. It allows for a highly secure form of surveillance and also has the potential to power brand new applications, platforms, and business models entirely.
With a growing popularity, Blockchain is penetrating every possible way we can imagine using. To quote one such instance, the popular festival Ganesh Utsav celebrated in India is leveraging Blockchain tech. Yes! you read right, the organizers of Ganesh pandal in Andra Pradesh state are now making use of single...
South Korea Customs Service (KCS) is planning to use Samsung’s blockchain technology in order to reduce fraud and keep the custom’s system decentralized. According to Samsung SDS, CEO Won-Pyo Hong stated that the company will develop a blockchain platform (Nexledger) for export customs logistics service. This will be...
IBM together with HACERA, a Blockchain Company is set to introduce yellow pages of Blockchain Networks. This is built to support other companies around the world to participate in blockchain projects. HACERA is the first member to join the IBM’s Blockchain ecosystem. This Yellow pages will be identified as...
With the growing popularity of cryptocurrency, it’s underlying technology – blockchain is witnessing huge adoption in the enterprise sector. Based on survey findings by Juniper Research group, nearly two-thirds or 65% of responding enterprise companies are actively engaged in the blockchain deployment which marked at 54% for the previous year....
In China, the Supreme Court has now allowed using blockchain to legally verify the authenticity of evidence presented during the court case. This was officially announced yesterday by the Supreme court. Internet Courts in China are set in motion on account of a number of online crimes taking place. Also,...
Walmart has filed patents to utilize Blockchain technology recently and this shows how the company is very much interested to use Blockchain in logistics. One of the patent Walmart had applied was for control of the electric grid with the help of blockchain technology and this was granted to the...
