Over the past two years, we’ve witnessed the cryptocurrency market explode onto the scene, minting billionaires overnight, followed by an implosion that has wiped out up to 80 percent of the market’s value. All along, the true believers have continued to insist that this is just the growing pains of a new and dynamic financial […]
Tag Archives: Blockchain
FinTech is Transforming the Finance Industry
The FinTech industry is transforming the financial services landscape. Operators in this field consist of a range of enterprises that leverage technology to deliver bold new services to consumers and businesses. The impact of the FinTech industry on the financial industry can’t be overemphasized. In 2015, investment in FinTech surpassed $19 billion. At that time, […]
What B2B Companies Need to Implement Blockchain Solutions
Blockchain technology is bringing companies to a turning point in their business operations. With the rise of data sharing and connected devices, companies need to evolve into connected enterprises that share data both within the organization and externally. Blockchain can solve many of the challenges around secure online transactions and data storage, and the technology is […]
Blockchain-Based Data Security Taking Over Key Industries
With cyber attacks continuously on the rise, key industries are now being forced to leverage new strategies and technologies to ensure that data and assets remain protected. One of the most popular technologies leading this charge is blockchain which is already being utilized within a number of sectors. The healthcare field in particular has been […]
Can Blockchain and Cryptocurrencies Alone Save $2 Trillion in Preventing Cybercrime?
It’s hard not to view cryptocurrencies as the architect of the downfall in internet security. Quantifiable digital assets are now more common than ever online, and represent an increasingly attractive prospect for online fraudsters and hackers. Forbes has forecast that cybercrime costs could be set to top $2 trillion in 2019, and cryptocurrencies have played […]
Sharing Economy 2.0: Technology is Removing the Need for Single Asset Ownership
The definition of the sharing economy varies usually depends on who you ask — or what site you search. You will find that the definition often includes the sharing of a good or service through an online platform. The truth is, the sharing economy has existed for centuries. Communities historically shared limited resources instead of […]
How Blockchain Can Solve Major Problems for Gig Economy Freelancers
Finance is a core aspect of any business. It’s also a frequent target when it comes to digital disruptors. There’s a reason blockchain has been a key component of so many fintech use cases that involve providing liquidity for businesses. Earlier this year, Spera conducted more than 400 interviews across four continents with independent workers and the businesses that […]
Shaping Healthcare Ecosystem with Blockchain
Blockchain has become a hot topic of discussion these days as it has made its way into a number of industries. From finance to infrastructure, blockchain or distributed ledger has found interoperability in every sphere of work. Healthcare is another realm that has found a widespread implementation of the technology. This collaboration has changed the […]
Blockchain Scalability: Even If Most Transactions Are in Layer II We Still Need a Layer I
Space is filling up at Master Workshop: Layer I, where 20+ of the world’s foremost experts on blockchain will present and lead discussions around solutions to the technology’s scalability problem. Don’t forget to register today for free! The most pressing obstacle to blockchain’s march to mass-adoption is its scalability, or current lack thereof. For blockchain […]
Crypto Micropayments: An Exciting Future of Blockchain Transactions
While cryptocurrencies have been a dominant force in newsrooms worldwide thanks in no small part to the meteoric rise of Bitcoin in recent years, blockchain has only just started to dominate the public consciousness. The cryptocurrency phenomenon may be in full swing, but we’re yet to see the decentralized digital currency successfully integrate practically with […]
Blockchain Big Data Options will Change Entire Industries
Big data has been big news for businesses in recent years. The rapid rise in internet use and smartphone technology means we are now generating vast quantities of data every minute. According to one 2016 estimate from IBM, 90 percent of the data in the world was created within the last two years. When done […]
4 Ways to Enter the Blockchain Industry
Blockchain is, in essence, an encrypted peer-to-peer distributed databases. It’s powered by countless computers located disparately around the world. The system is a growing, ordered collection of records called blocks, each with a timestamp that’s linked to a previous block. The technology uses cryptography to make sure that users can only edit their own blocks. […]
Businesses Broke Ground on Blockchain. What Can Civic Groups Learn?
At best, blockchain has been a trial-and-error technology. For every successful cryptocurrency, there are a dozen cases like Civil, which had to cancel its initial coin offering after failing to gain traction on a plan to use blockchain to verify user-submitted news content. Although 84 percent of global companies are dabbling in the decentralized ledger […]
How Blockchain Brings Innovation in Staffing?
Frequently related to the term bitcoin — blockchain can be an unquiet technology. Blockchain is currently creating a grand entry in all of the major market domains. Blockchain technology collects and stores the knowledge of inbound blocks — and time stamps it on a distributed and encrypted ledger. As the cornerstone of virtual currency blockchain technology […]
Cryptojacking Malware: What It Is and How to Fix It
Cryptojacking is a cyberattack like no other. Attackers don’t steal your data or ransom off access to your network. Instead, they commandeer your hardware when you’re not looking and redline the processors to mine cryptocurrency. Since 2017, cryptojacking’s popularity has skyrocketed. Palo Alto Networks’ WildFire platform has identified roughly 470,000 unique types of cryptomining malware, not including […]
5 Real Life Blockchain Implementations Outside of Cryptocurrency
What do Pied Piper and blockchain tools have in common? Both are always “coming soon.” By now most of us are familiar with blockchain, the technology underpinning cryptocurrencies like Bitcoin and Ethereum. Outside of cryptocurrency, blockchain has many purported use cases in scenarios that require an immutable ledger. Rhetoric has elevated blockchain to godly status, […]
Navigating Big Data’s Fake News Problem
In 2013, hackers managed to access the AP twitter account and posted a fake tweet implying that there was an explosion in White House and the then President Obama had been injured. Following the Tweet, the stock market went into panic mode with the Dow plunging over 150 points and the S&P 500 shedding $135.6 […]
Most People Are Dead Wrong About Bitcoin and Criminals
It seems that these days, cryptocurrency can’t catch a break in the news cycle. In early April, the Securities and Exchange Commission urged a federal judge to freeze $27 million that was allegedly garnered through the illegal sale of shares in LongFin — a company whose stock shot from $5 to $142 after announcing it was acquiring […]
Blockchain Beyond Banking
Thanks to all the media attention surrounding Bitcoin and other cryptocurrencies, blockchain technology is commonly associated with finance. But that’s too narrow a vision of this technology’s true capability — the concept of a digitally signed and distributed ledger is universally applicable to business processes. Blockchain technology serves as an objective, technologically sound way to […]
A Tale of Two Bubbles: Why Cryptocurrency Isn’t the Next Dot-Com
Economic bubbles aren’t new. From the tulip bubble of the 1630s, to the dot-com boom of the late 1990s, to the big-tech mania we’re seeing today, overvaluations happen — but not all bubbles pose the same risks or offer the same rewards. Every few years, it seems we’re warned of another looming “bubble” about to burst. Most […]