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....
Technology giant Microsoft and KPMG International, the parent of ‘big four’ audit firm KPMG, has announced the launch of strategically positioned blockchain workspaces to research and develop blockchain applications for real-world processes. Fintech technology is all the rage and blockchain technology, in particular, is the poster child. In continuing the trend of developers hastening toward blockchain development and prototypes, tech behemoth Microsoft and one of the world’s largest enterprise services firms in KPMG have partnered to establish installations toward blockchain development....