Blockchain opportunities in atypical markets
As virtual currency skyrockets in value and credibility, more and more people are beginning to take a serious look at blockchain technology to disrupt various industries. Banks are already adopting the technology at a breakneck pace: a 2016 report by IBM predicts that by 2020, 66% of banks worldwide expect to be using blockchain at scale in their commercial operations.
‘Banking industry is ripe for disruption,’ states Edgar, Dunn & Company
Edgar, Dunn & Company recently released the Advanced Payments Report for 2016, sponsored by Wirecard, a global financial services and technology company. Wirecard is considered to be a key player and innovator within the digital payments world. It assists companies such as FinTech startups, retailers and airlines to meet their digital payments requirements.
Open source blockchain project, hyperledger, settling it at the linux foundation
The open source movement can be traced back as far as 1997, when Eric Raymond published The Cathedral and the Bazaar. The paper reflected upon the hacker community and free software principles. It received significant attention in 1998, and was a key driving factor behind the decision to release the Internet suite, Netscape Communicator, as free software. The source code went on to become the backbone of many search engines, including the widely used Mozilla Firefox.
Banking Is Only The Start: 12 Big Industries Where Blockchain Could Be Used
There are plenty of business use cases for transactions that are verified and organized by a decentralized platform that requires no central supervision, even as it remains resistant to fraud.
Ten companies using the blockchain for non-financial innovation
None of these ten companies are in the finance field, but each has figured out how useful the blockchain is and put it to good use in new business models. Perhaps even disrupting their industries.
‘Truly digital’ electoral voting, powered by blockchain technology
Despite the best efforts put into play by numerous companies, and legislators, to disparage electoral malpractice, transparency remains an issue. Blockchain technology is now on the radar.
