Hybrid Blockchains Disrupt Business As Usual By Merging The Best Of Private A...
Blockchain technology is rapidly transforming the world and the web as we know it. Since the technology was first unveiled, there has been a substantial increase in the use of both public and private blockchains across an array of industries. In fact, government organizations, too, are starting to adopt blockchain for better security, traceability, and […]
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Waves Enterprise and Conflux Network are working together to enable companies in Asia to adopt hybrid blockchain data storage protocols. Corporate blockchain solutions provider Waves Enterprises has partnered with Chinese decentralized ledger technology (DLT) startup Conflux Network to boost hybrid data transactions in permissioned networks. The collaboration, announced on Thursday, will see Waves Enterprise using its anchoring technology to allow companies to facilitate data transfer across private and public blockchains. Anchoring is a hybrid data storage method that places hashes of....
Back in March Bitcoin.com reported the Walt Disney company was searching for blockchain talent at its Seattle, Washington headquarters. Now the firm has released its own public/private hybrid blockchain, called Dragonchain. Meet Dragonchain, a Blockchain Created by Disney. Disney’s Dragonchain platform claims it will simplify real business applications....
Many people argue that private blockchains, run by private firms, are useless, since they make users dependent upon a third party ‒ the firm managing the blockchain. Many believe that private blockchains currently being considered are not blockchains, but rather, distributed ledger technology which has already existed. Others believe private blockchains could provide solutions to many financial enterprise problems that Bitcoin does not, such as abiding by regulations such as the Health Insurance Portability and Accountability Act (HIPAA), anti-money laundering (AML) and know-your-customer....
Blockchain technology has won accolades for improving efficiency and transparency in business operations. It has also been seen as improving security. But blockchain security is a complex issue that pits anonymity against trust, according to IBM’s Security Intelligence, a thought leadership and technical expertise hub for executives who manage enterprise risk and security. Permissionless blockchains such as bitcoin’s do not require identity information from their participants. The bitcoin blockchain achieves trust through encryption. After each transaction, the cryptographic operation....
With blockchain technology enjoying buzzword status in mainstream finance and technology circles, it is hardly surprising that TechCrunch Disrupt London, held earlier this week, hosted a panel to discuss the potential of bitcoin and the blockchain. Led by TechCrunch editor and Freemit CEO John Biggs, the panel consisted of Ethereum founder Vitalik Buterin, Blockstream CEO Austin Hill and Steve Waterhouse, partner at the bitcoin investment firm and hedge fund Pantera Capital. The discussion, which touched upon various areas of debate, was first sparked by Biggs' questions about the....