For whom the benefits toll: Enterprise blockchain is the evolution of economi...
Blockchain platforms enable a fundamentally new approach to enterprise architecture where economic incentives are front and center. In my two-decade career at Microsoft, leading .NET platform architecture, visual studio .NET development, application platform, enterprise strategy and Microsoft Digital, I have been part of building technologies for multiple waves of platforms: the early web, service-oriented architectures, the so-called Web 2.0, and more recently, the Cloud.While there is no doubt that previous waves of platform technologies have delivered substantial benefits, their impact....
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Blockchain offers great efficiency — and this is the main reason it will be increasingly prevalent over the next decade. Over the last three or four years, blockchain adoption has expanded tremendously, and each industry is exploring different use cases for the technology. There are multiple aspects of blockchain — from business to technical and more — but with the way the industry is exploding, it’s really hard to get it right.It’s best to divide the blockchain topic into two main buckets in order to understand the development of the ecosystem and the key benefits and innovations it....
Overstating the potential benefits of blockchain is the technology’s biggest downfall right now. The most prominent topic of speculation this year has been blockchain technology. While the advantages of this concept are easy to see for everyone, there is still a fear of overhyping the possibilities. In most cases, developing of blockchain technology encompasses mostly talk, rather than actual projects. Until use cases have been tested and made available on a large scale, overselling enterprise benefits of blockchain should be avoided at all costs. Every company and their dog seem to be....
ConsenSys is using the funds to expand its enterprise blockchain solutions centered around DeFi and Web 3.0. ConsenSys, a prominent blockchain software company, has raised $65 million in strategic investments from major financial institutions including JPMorgan Chase, Mastercard and UBS, offering yet another sign that traditional finance is entering the crypto space.The investment round will aid ConsenSys in expanding its enterprise blockchain infrastructure solutions to enable more decentralized finance and Web 3.0 applications on Ethereum, the company announced Tuesday. After a year of....
Chinese banks will soon have access to a permissioned version of the Corda Enterprise infrastructure via the country's Blockchain Service Network. Red Date Technology, one of the builders of China’s Blockchain-based Service Network, has obtained licensing rights from R3 to resell both the free and enterprise Corda implementations in China.According to a press release by R3, the news marks the first occasion of the BSN developer being able to resell enterprise blockchain technology from an overseas company.Since the R3 deal is with BSN China, developers will create a permissioned version of....
A new collaboration this week between R3 and IBM is raising eyebrows in the world of enterprise blockchain.