Uses For The Blockchain

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Using blockchain for data storage
May 21, 2017

Using blockchain for data storage

In April, we were invited to Microsoft to talk about our decentralized identity work and the underlying technology that we re building. The visit included a talk at Microsoft Research (MSR), which is embedded below. Speaking at MSR was especially interesting, because researchers in distributed systems are not paying enough attention to the blockchain and it d…

Using blockchain for insurance
May 9, 2017

Using blockchain for insurance

Customer Identity: A consortium of insurers, KYC databases and notary networks can verify the identity of its customers and store it in a shared ledger. Any new customer coming to the network will submit his identity proof and the notary will be able to validate the data by comparing it with the government databases which will be executed outside the network…

Bitcoin to USD Converter
April 9, 2017

Bitcoin to USD Converter

He world is abuzz over Bitcoin. The virtual currency has become a global phenomenon reaching an all-time high of more than $250 USD in early April. That record was short-lived however, as a near-panic sell-off halved its value within days of reaching the milestone. We recently added Bitcoin to the OANDA Currency Converter. We admire it as an interesting experiment…

Bitcoin US
March 25, 2015

Bitcoin US

Translator / Author My name is ShiLiangHuang, or you can call me ‘Lightning, ’ I m am from China, now living in Shenzhen. I am a mechanical design engineer with eight years of experience in engineering design and project management. From 2006-2014, I worked for two companies in Beijing. I have designed a lot of products and also have two patented products. I…

Uses for the blockchain
June 2, 2015

Uses for the blockchain

While everyone was busy putting together end-of-year lists for the payments space, Nasdaq pulled a potentially groundbreaking move. On Dec. 30, the company announced it made the first share trade ever Unveiling Linq unnamed technology investor, Quartz reported. “We believe this successful transaction marks a major advance in the global financial sector and represents…

Using blockchain for security
December 29, 2015

Using blockchain for security

Specifically, there are two concepts lurking in the Bitcoin phenomenon that are considerably more important than the currency itself: the decentralized transactions database, or block chain, and the idea of “programmable currency, ” which really is more about adding a scripting API to extend the block chain construct than it is about money. The direction this…

Bitcoin to US Dollars
May 12, 2016

Bitcoin to US Dollars

Even before the inauguration of President Donald Trump, the value of the US dollar continuously declined due to several remarks made by the President. Whilst speaking to the media including the Wall Street Journal, Trump stated that the strong performance of the US dollar is restricting international trades and thus negatively affecting the US economy. Upon the…

Bitcoin to USD history
January 19, 2017

Bitcoin to USD history

Bitcoin’s recent bull run continues to set new records all over the world. After establishing a new all-time high in USD and EUR yesterday, the previous GBP record has been shattered as well. For the first time in history, one BTC is worth more than 1, GBP. This is also the first time bitcoin surpasses the 1, mark of every major currency in the world. All things…

Uses of blockchain
January 31, 2016

Uses of blockchain

I. Financial Instruments, Records and Models Currency Private equities Public equities Bonds Derivatives (futures, forwards, swaps, options and more complex variations) Voting rights associated with any of the above Commodities Spending records Trading records Mortgage / loan records Servicing records Crowd-funding Micro-finance Micro-charity II. Public Records…

Bitcoin Graph USD
March 8, 2017

Bitcoin Graph USD

Surely a whole range of you notice in last month an increased interest in the virtual currency bitcoin. The purpose of this article isn t to describe the functioning of this virtual currency, we won t occupy with its history or with “bitcoin mining”, we won t give here bitcoins for free. This article is more focused on possibilities of its trading on the stock…

Using Blockchains for IoT
April 9, 2016

Using Blockchains for IoT

Why is everyone so interested in blockchain, and what does that interest mean for the Internet of Things? Blockchain is beginning to play a major part in the Internet of Things by enhancing security, enabling inclusion of low-value devices to be increasingly viable and making managing a device easier for decades to come. Blockchain builds trust with accountability…

Use blockchain to store data
January 3, 2015

Use blockchain to store data

Blockchains, by design and definition, defines a specific type of database… they are a write once read only database. What that means is, they are designed to be only ever created, and not edited or deleted. This makes them immutable (ie unchangeable), and historically accurate (ie data entered and fixed in a certain point of time). You can think of it as an…

Use blockchain as database
May 24, 2015

Use blockchain as database

If you understand the core innovations around the blockchain idea, you’ll realize that the technology concept behind it is similar to that of a database, except that the way you interact with that database is very different. The blockchain concept represents a paradigm shift in how software engineers will write software applications in the future, and it is one…

Uses of blockchain Technology
June 2, 2016

Uses of blockchain Technology

The Goldman Sachs logo is displayed on a post above the floor of the New York Stock Exchange, September 11, 2013. REUTERS/Lucas Jackson Is the hype around blockchain justified? asks Goldman Sachs in a blockbuster 88-page note sent to clients this week. The financial world has been going crazy for blockchain technology for the last year or so, hypothesising how…

Bitcoin ATM in USA
May 18, 2015

Bitcoin ATM in USA

New ATMs were installed in United States (+4), Canada (+3), Italy (+2), Finland (+1) and Netherlands (+1). United States World of Vapor in Indianapolis became home for Skyhook machine. Another Skyhook machine was installed in Milwaukee at 414 Glass & Grooves. The machine doesn’t support KYC procedures however the owner of the shop writes down the ID details…