Enterprise blockchain to play a pivotal role in creating a sustainable future
Companies are turning to enterprise blockchain-based solutions to meet environmental sustainability goals as well as business demands. Bitcoin (BTC) is often used to criticize all blockchain-based projects. This is understandable since Bitcoin was the first project to use a blockchain, is arguably the most recognizable and is the largest cryptocurrency by market cap.In the first half of this article, I will use Bitcoin as a proxy for all blockchain-based projects because most people associate blockchain with Bitcoin. Anything environmentally positive that can be said about Bitcoin will be....
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Bitcoin will play a pivotal role in the transfer of information from the physical realm to the digital.
BlockApps, a Microsoft affiliate designed to provide an enterprise block chain toolkit to help businesses develop new functionalities, brings to mind the role that Oracle plays in the future of decentralized databases, according to Victor Wong, BlockApps CEO. In an interview with International Business Times, Wong cited Oracle's role as a database provider as a parallel to BlockApp's role providing tools such as smart contracts for businesses to use to create new functionalities. Microsoft Enters The Block Chain Arena. Microsoft partnered with an Ethereum-based startup, ConsenSys, to....
Asian markets are much friendlier to enterprise blockchain adoption, says Waves's founder. Waves Enterprise has onboarded Tokenomika Pte Ltd., a Singapore-based fintech company, as an operator for its hybrid public-private blockchain. Tokenomika will operate the Waves Enterprise public permissioned network, starting in March. The expansion comes as part of a strategy shift for Waves Enterprise, focusing more on hybrid networks that can interface with public blockchains like Ethereum. In Gartner’s “hype cycle for blockchain” report, the analytical firm predicts that the enterprise world....
The Managing Director of the Monetary Authority of Singapore (MAS), Ravi Menon, has commented on bitcoin and digital currencies in an interview, saying they "have a role to play" in the future. Speaking to industry publication CentralBanking.com, Menon answered questions about whether money should remain under the control of central banks, and why the MAS had decided to regulate "virtual currency intermediaries". He said: "It is hard to divine how technology and practices will evolve, 20 or 30 years from now. I would say virtual currencies have a role to play, but I doubt they will replace....
A new WEF report touts blockchain technology as a cornerstone of environmental sustainability. The World Economic Forum, or WEF, believes that blockchain represents a core element of sustainable digital finance — a new paradigm that combines emerging technology with environmentally conscious business models.In a new report published Wednesday, UBS executive Karin Oertli lists blockchain technology along with artificial intelligence, mobile platforms and the Internet of Things as being the cornerstones of digital finance. These technologies, when combined with environmental, social and....