At W3C Event, Industry Seeks to Weave Blockchains into New Web
Armed with sky-high expectations and seemingly boundless enthusiasm for how tech could reinvent industry in the digital age, the "blockchain" industry has been overwhelmed with blockchains. Not only are there multiple open public blockchain projects, but legacy institutions and corporates are building exclusive permissioned blockchains. So far this year, there have been specialty blockchains created for everything from credit default swaps to managing global supply chains. It's unclear how these blockchains will need to interact with each other in the future to prove its....
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The World Wide Web Consortium (W3C) has just wrapped up its “Blockchains and the Web Workshop,” which took place on June 29-30 at the MIT Media Lab, with a broad array of innovators exploring digital ledger industry standards throughout the two-day event. W3C Event at MIT Discusses Tying Blockchains to World Wide Web Standardization. W3C was founded by....
A U.K.-based startup called Electron has created a platform on the Ethereum blockchain and has shown, using data from 60 energy providers, that energy supplier switches can be performed 20 times faster than current rates, yielding major cost savings, according to Techcrunch. The company, which has used simulated data from 53 million metering points, hopes to convince energy companies to move to shared blockchains. Paul Ellis, company co-founder said he hopes the improved efficiency will convince energy industry players to upgrade their current “hodgepodge” of processes. He said the energy....
On Tuesday, 2nd August, I had the privilege of attending an event hosted by the Monetary Authority of Singapore, the city-state's central bank and financial services regulator. For 90 minutes, we heard from an all-star panel: Blythe Masters, CEO of Digital Asset; David Gurle, CEO of Symphony; Daniel Gallancy, CEO of SolidX; and Tim Grant, head of R3's Lab and Research Centre. One of the panelists said something that got me thinking – using blockchains for what she called 'proof of satisfaction', ie evidence of agreement or assertion that something happened to the satisfaction of the....
Blockchain-based solutions are changing the face of the event industry comprising ticketing, venue sourcing, incentivizing audience, building event communities, and selling sponsorship. We’re not considering the opportunity to ride the hype, but rather using the technology to deliver high-quality service and a high-quality user experience. Are you wondering how blockchain adoption will benefit the event […]
Simon Dixon, CEO of the online investment platform BnktotheFuture.com outlined his vision for blockchain startups recently at The Internet of Value: Blockchain and Financial Services Innovation conference in London. Making the conference keynote, Dixon laid out the history of bitcoin and blockchain companies, especially those working in the financial services sector, and what he considers lies ahead for the rapidly evolving industry. Dixon’s take as a venture capitalist comes at a crucial time in the industry, which is grappling with making sense of the growing ecosystem of bitcoin,....