Uses For The Blockchain

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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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