All About: The Blockchain Part Two
In part one of our series on the blockchain, I explained the importance of the blockchain and explained its basic mechanics. In this article, I will cover the future of the blockchain and the untapped potential that it has. 2015 is most likely the year of expanded blockchain capabilities. The blockchain has far more uses than just recording transactions, which I will cover the second half of this article. Before talking about the future of the blockchain, it is important to address some of the problems that need to be fixed in order for the blockchain to truly expand its capabilities and....
Related News
The two previous articles (part one and part two) in this series covered the basic mechanics of the blockchain and the largest problem the blockchain currently faces. Now, I will move on to the future of the blockchain. In the last part, I talked about a method of storing and time stamping any document on the blockchain through a fairly simple method. This method allows users to back legal claims using blockchain technology, all for about four cents worth of a transaction fee. While the blockchain can be used to store documents, that is not all that it can do. In this part, I will be....
Square Enix, one of the biggest Japan-based gaming companies, has inked a partnership with Oasys, a Web3-oriented blockchain project. As part of this partnership, Square Enix will be part of the first 21 validators of the Oasys network, and will explore new possibilities regarding developing blockchain games using this decentralized tech, including user-generated contributions.
Square Enix to Validate Oasys Blockchain
Square Enix has been one of the few AAA gaming companies in Japan seeking to embrace blockchain elements as part of its business model. The company recently....
Not so long ago people did not understand what the Internet was. Those who did not have an Internet strategy in the late 1990s were probably on the wrong side of the revolution curve. We have recently entered a new phase of technology development and the question everyone should be asking themselves is: what is the Blockchain strategy? 2016 was the year when the potential of Blockchain to revolutionize many industries began to be fully understood. The technology, that is said to change the world just like the Internet did, is being widely discussed. Only the laziest haven’t at least....
The ARK TEC ICO allows investors and cryptocurrency enthusiasts to be part of the ARK Ecosystem for next generation blockchain solutions. ARK, the development team behind new age blockchain products and services has announced the launch of their upcoming ICO. The initial coin offering, better known in ARK’s terms as Token Exchange Campaign or ARK TEC is slated to go live on November 7, 2016. During the 34-day long ICO period, investors can take part in the distribution of the ARK tokens while leveraging upon the bonus offers. ARK is known to create innovative blockchain based solutions by....
This is part 3 of CCN’s “Peace & Stability Through the Blockchain” Series. So far, we’ve gone over the precedent some of the multinational corporations exploring blockchain technology have set historically about promoting peace through their work. In part 2, we look at the ways in which blockchain technology can make payments easier and finance transparent. In part 3, we look at how the public ledger might be applied to government. One company, NevTrace, believes that the movement of refugees away from their war-torn lands can be managed more efficiently by a blockchain system than....