Uses For The Blockchain

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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…

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