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

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What is blockchain?

blockchain-logo

Blockchain is a term you see fairly much when browsing tech—and non-tech—sites these days. It is widely known as the technology that constitutes the infrastructure of Bitcoin (what’s bitcoin BTW?), a mysterious cryptocurrency created by a mysterious scientist in 2009. Some even confuse it as a synonym for bitcoin. But the reality is that blockchain is a disruptive technology that has the potential to transform a wide variety of business processes. 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