Posts Tagged ‘blockchain’

In the mid-1980’s, a nascent technology was leveraged to invent the World Wide Web. Few could have foreseen the ubiquity of the internet in 2017. Likewise, blockchain is a relatively new technology, and its full potential may not be realized for some years. In the interim, and as further research continues, a number of applications […]

In simplest terms, blockchain is a technology that enables value to be transferred using only software; that is, without the need for trusted intermediaries. It is a record-keeping system where transactions are executed, validated, and recorded publicly. Let’s break down blockchain: 1. Blockchain is the technology behind bitcoin, the electronic currency. It is not the […]

If you’re reading this, it’s probably because you keep hearing that blockchain is the next transformative technology. And while you want to make sure you’re fully informed and in a position to exploit any opportunities this technology could bring to you and your organization, you still don’t fully understand what blockchain means. Moreover, based on […]

Every organization makes repetitive business decisions. These decisions are made by following organization’s business policies. The business policies are the guidelines developed by an organization to govern its actions. The policies define the limits within which decisions must be made. The business rules are the interpretation of these business policies. The business rules enable policies […]

  CMO.com has a decent article on bitcoin. The title is a bit pretentious, “Read This and You Can Stop Pretending You Understand Blockchain”  The article fails in completely explaining what it is but it does a great job in giving examples on where blockchain technology will improve transparency and efficiency in many different industries. […]

Finance trends are always making the media rounds, which of late lies in cryptocurrency. With uncertainty in the financial markets, the latest news has been around topics including blockchain and bitcoin, discussed among experts for its benefits of decentralization, security, and transparency. Blockchain is a shared, immutable ledger for recording the history of transactions in […]

At last year’s Milken Institute Global Conference, an annual event that attracts some of the world’s most extraordinary people to explore solutions to today’s most pressing challenges, a group of experts gathered for a discussion on the future of blockchain. Brian Forde, who is now a senior lecturer at the MIT Sloan School of Management, […]

Vegas is bustling this week as IBM InterConnect 2017 officially kicked off Monday. Per the norm, IBM is making several announcements this week to showcase new innovation, strategic partnerships, and commercial offerings. For me, the most exciting announcement thus far is the beta release of Kubernetes on IBM Containers. Kubernetes is rapidly gaining ground as […]

While we can’t always be certain which trends the new year will bring, we can offer predictions based on our conversations with industry executives and our customers, looking at what companies have accomplished in the past year, and the initiatives they already have in place for the future. In fact, that’s exactly how we compiled […]

The most common association with Blockchain is Bitcoin – for this article Bitcoin is strictly a currency for transactions, but not the main focus. If you do you want more information on Bitcoin, this post, What is Bitcoin?, can give you more context. This article will focus on Blockchain in a decentralized ecosystem, and the functionalities […]

Given the immutable nature of the Smart Contracts (as well as the transactions) in a Blockchain, and the impact a (buggy) Smart Contract can have across a business network (as highlighted by The DAO Attack), Smart Contracts require extra due diligence. Having worked with Business Rules Management Systems (especially IBM Operational Decision Manager/ILOG) for the […]

As I mentioned in my previous post, Blockchain is a design pattern that describes a system or network of nodes in which the ledger (i.e. a common temper-proof ledger that contains all the transactions) is maintained on multiple nodes, and there is a consensus (among the nodes) on which nodes have correct copy of the […]