2017 is Expected to Be a Great Year for Blockchain Technology
The new year may see the rise of blockchain technology based applications across various sectors. Bitcoin’s underlying blockchain technology has seen a lot of applications in the recent times. Banking and financial institutions are some of the major parties interested in the development and implementation of distributed ledger technology to their operations. Fintech is one of the hottest sectors at the moment. With a considerable number of fintech applications based on blockchain technology, we can expect a rise in blockchain 2.0 implementations. If the track record of the fintech industry....
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International tech firm SAP is set to increase its Blockchain commitment as the main sponsor of the 2017 Blockchain Africa conference in Johannesburg. SAP: Blockchain Africa ‘Great for Rethinking Business’. Blockchain Africa, now in its third year, seeks to highlight the potential Blockchain technology holds for African business. According to the....
Despite the hurdles facing the platform, the Ethereum network could end up emerging stronger and accomplish the milestones it set out to achieve in 2017, especially those related to smart contracts. Vitalik Buterin, co-founder of Ethereum, in his paper “Opportunities and Challenges for Private and Consortium Blockchains” released by the R3 Consortium earlier this year, highlighted some of the milestones, which include: Serenity (‘Ethereum 1.5’): the release of the proof of stake (Casper) version of the Blockchain, also including Ethereum Improvement Proposals (EIPs) 101 and 105. Expected....
The new year, 2017 started with a bang. Bitcoin price surpassed its previous high by increasing beyond the $1100 mark. The popular cryptocurrency’s underlying blockchain technology and its applications in fintech and other sectors is expected to peak during the year as well. While Bitcoin and Blockchain continue to scale new heights, the Bitfinex hack, ransomware attacks and other security breaches aren’t forgotten. The massive DDoS attack that almost disrupted the internet is also fresh in everyone’s memory. After making it through an eventful year, Bitcoin companies, banking and....
The year 2016 has been a very active year for the Blockchain with several ideas and innovations flooding the industry. We have seen different creations by a lot of companies emerge, all presenting their functional real case uses for the disruptive technology. Governments and banks have also not been left behind in the developmental processes of the Blockchain, as we have seen a number of tests and implementation of the Blockchain at these levels. Reviewing the year ending 2016, principal consultant at Bankcoin Reserve Pty Ltd, Thomas McAlister, says that we have seen great exposure for....
Blockchain technology is gaining more and more acceptance worldwide. We have witnessed a boost in the adoption of Blockchain by many businesses not limited to the area of finances. Cointelegraph is on a daily mission to socialize and popularize the technology and contribute to its even wider acceptance. That was our motivation for the Helsinki Blockchain Conference, and that is exactly the reason why we are flying to Munich in April next year. An opportunity not to be missed. We are happy to invite you to BlockShow Europe 2017, which is expected to become the largest platform for....