New Company to Provide Data on Bitcoin Blockchain?
The appeal of using bitcoin as a cryptocurrency has been mostly rooted in the blockchain, which is a sequential key or database attached to each transaction. It is seen as the main technological feature of bitcoin transactions, as each block is added in a linear fashion to the record of every exchange. Just recently, a new company called Chainanalysis is claiming to provide financial institutions access to blockchain information, which might have repercussions on the anonymity and security of bitcoin usage. According to its website, the company will provide customers with access to an API....
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Blockchain tech and AI are continuing to advance multiple ecosystems at a rapid pace, and the time for data marketplaces is now. In our digital world, data has now become as valuable as gold or oil. In order to achieve success, companies must adapt to handling their data much like a commodity, by trading and earning a profit off of it. Data is especially valuable when it comes to artificial intelligence and machine learning algorithms due to its ability to provide value that enables new AI use cases.In order for a marketplace to be successful, it is essential to take into account....
On June 1, the American media company that provides commercial weather forecasts, Accuweather, announced it is tethering weather data to blockchain technology by hosting an API3 Airnode. The company revealed that it is collaborating with blockchain oracle provider API3 and Web API operators will be able to access Accuweather’s onchain weather data. Accuweather Exec Believes Blockchain Weather Data Can Make ‘Lasting Impacts Through a Range of Industries’ According to the company Accuweather, the firm is hosting its own API3 oracle node in order to provide a....
Blockchain technology company Tieron is working with the Connecticut Technology Council (CTC), a non-profit organization encouraging local technology development. With this partnership, the CTC and Tieron plan to run a trial on finding government survey data using blockchain technology. Blockchain is the public ledger of bitcoin transactions, which are updated and verified by a network of computers solving complex algorithms in a process known as bitcoin mining. While bitcoin enjoyed its claim to fame a few years back, blockchain technology is gaining more attention these days thanks to....
Acronis, a provider of backup and recovery software, announced an initiative at its 2016 VIP Partner Summit to develop blockchain technology-based applications for data protection, according to IT Brief, an Australia-based technical news source. A dedicated research and deployment team will provide “tamper proof” data storage to guarantee privacy and data authenticity. The technology is currently in prototype form. Blockchain’s Security Promise. Blockchain technology records digital events and can address a wide range of data use cases for organizations globally. It can provide global....
BlockChainGroup.io is a new company in the Bitcoin industry that looks to be taking on the difficult task of making blockchain analytics easier and providing more information. They have been coding from the ground up a new way to search and corollate the data the blockchain provides. The Bitcoin blockchain contains all the data of every transaction right from the genesis block. This data and the connections of transactions contain a wealth of data. While current block explorers provide plenty of data tracking transactions and correlating it, it can be a chore of using multiple sites and....