Earlier last month, Zion Market Research estimated that the global blockchain Internet of Things (IoT) market will become a three billion dollar industry by 2025. Worth $32 million (USD) in 2018, the report puts the industry at a 91% growth rate. As an increasing number of businesses invest in IoT to connect and share data, […]
A streamlined, cost-effective healthcare system requires efficient sharing of information between legacy systems. However, systems storing critical healthcare data often operate in silos. Even worse, they can be easy to hack. A report from BIS Research observes, “Less than 10% of healthcare organizations regularly share medical information with providers outside of their organization. The lack […]
As anyone responsible for supply chain management can tell you, the demand for accountability and tracking at every step of the supply chain just continues to grow. For example, consumers want to know where their vegetables were sourced, how they were grown, handling methods, refrigeration temperatures in transit, how long since they have been harvested, […]
According to Gartner, a leading research and advisory company, blockchain has the potential to become a viable solution for major supply chain issues as the complexity of the supply chain sector continues to grow. These issues include counterfeit products, visibility/traceability, and efficiency play. Several companies worldwide are already testing blockchain pilot programs for supply chain […]
The current technologies used in the healthcare industry face limitations in areas security, privacy, and full ecosystem interoperability. Although several challenges must be addressed before any large scale adoption can be attempted, a healthcare blockchain could transform the industry through the secure nature of distributed ledger technology. A blockchain-powered health information exchange has the potential […]
In late May, Honda Motor Company and General Motors announced a partnership to conduct a joint blockchain research project on electric vehicles (EVs) and smart grid interoperability. The goal is to determine whether EVs are capable of stabilizing the power supply in next-generation smart grids. Honda and GM plan to develop ways to facilitate data […]
At TNW2019 in Amsterdam, the in-house blockchain team at consulting giant Deloitte walked participants in the “Beyond tech: blockchain strategy for complex environments” workshop through the process of coming up with viable distributed ledger use cases. The team noted that although blockchain has its challenges, the up-and-coming technology is clearly well suited for financial applications, […]
From legislative reform and education to compliance and integration, strong female leaders are surfacing in blockchain, taking the reins in mapping out and establishing frameworks that are both easy to adopt and highly sustainable. Five of those leaders were recently featured in Forbes magazine. Caitlin Long, Co-founder, Wyoming Blockchain Coalition Long spent more than twenty […]
Blockchain technology has the ability to disrupt the communications industry with its speed and secutiry. The technology has the ability to improve the following four areas in communications systems: 1. Secure Messaging People worry about social media platforms keeping their private data private. Blockchain provides the solution by decentralizing data to provide a way for […]
Blockchain technology could allow people to take back control of their personal data. How secure do you feel about divulging private information online? If you’re like most, sharing that information can leave you feeling a bit unsettled. Especially in the wake of Facebook’s recent privacy scandals. With the help of uncensorable communication, personal cloud servers, […]
