Blockchain will be a fundamental component of a data-driven world

Whether it’s personal, social, corporate, scientific or political, data will have a key role in determining the functionality and efficiency of the systems that will underlie the infrastructures of entire communities as humanity becomes more and more digital.

Data has rightly earned the title of “new gold.” It is fast becoming the main drive behind modern business. Companies collect and analyze data to improve the efficiency of their services and products.

And as with everything of value, there’s reason to believe that future wars will be fought over data stores. But there’s really much more to data than monetary value. Continue reading

Advertisements

Blockchain’s promise for the gaming industry

Elder Scrolls Skyrim

Over the past decade, the gaming industry has gone through immense revolutions and transformations. The old model of paying once with cash and buying games of the shelf is slowly giving way to platforms such as Steam and app stores where you buy games online or pay as you play.

Games have now become full-fledged commerce platforms and markets, where players spend money to pay for services, access expansion packs and extra levels, or buy and exchange in-game assets and resources with other players. Continue reading

How blockchain can improve cybersecurity

blockchain-security

Our increasingly connected and digital lives are making us more vulnerable to cyberattacks than ever. As was the case in previous years, 2016 saw a spate of cyberattacks of unprecedented proportions. Some of these incidents were a reminder that the internet is no longer fun and games.

What we also learned was that the current infrastructure that powers our current local and global networks might no longer be able to sustain the new generation of attacks and threats.

Enter the blockchain, the distributed ledger that underlies the popular and controversial Bitcoin cryptocurrency, the technology that is the result of decades of research in cybersecurity and cryptography. Continue reading

How blockchain can disrupt the music industry

music industry guitar blockchain

The business models that supported the distribution and sale of music in a disconnected world no longer sustain the fluid landscape of file sharing services like DropBox, Google Drive and MediaFire. That’s why since the advent of the first file sharing platform, Napster, in 1999, the music industry has been in constant upheaval.

The introduction of streaming services such as Spotify only made things more complicated. Continue reading

How blockchain and energy monitors will create the decentralized, renewable energy grid

Solar panels, renewable energy

By Stefan Grosjean, Smappee

There’s a lot of talk about using renewable and green energy sources, but the sheer amount of energy required to overcome the volatility and management hurdles have slowed down its mainstream implementation.

Fortunately, this is something that can be overcome with the use of revolutionary technologies such as Internet of Things, blockchain and artificial intelligence. Continue reading

The blockchain’s potential for revolutionizing the supply chain

Supply chain

At the time of its invention, the supply chain was an ingenious idea, made to streamline and facilitate the journey of raw goods as they made their way from their source to factories and ateliers, were turned into products and consumables, and were finally shipped to retailers and consumers.

But that was more than a century ago, before our economies became as globalized and fragmented as they are now. Continue reading

The benefits and challenges of using blockchain in IoT development

Credit: Shutterstock

Credit: Shutterstock

The huge benefit that the Internet of Things (IoT) brings to different industries and domains is driving its growth and adoption at an unrelenting pace. Soon billions of connected devices will be spread across smart homes and cities, harvesting data, sending it to huge repositories for analysis and processing, and carrying out commands sent from smart apps and machine-learning-based systems.

While larger numbers of smart devices will unlock bigger opportunities for efficiency, energy and cost saving and revenue increase, they’ll also trail along some serious challenges and difficulties, some which are notably not addressable with current technological and communication infrastructure. Continue reading