blockchain


Why Blockchain Promises More Than Bitcoin for Feds – Nextgov

Most people associate the virtual shared ledger known as blockchain with bitcoin, a trendy digital currency built on the technology. Federal agencies, however, are thinking about blockchain applications that have nothing to do with trading money.

Those in the federal sector who monitor emerging innovations believe blockchain could revolutionize the way the government operates in nearly every arena, including health information, federal grants, personnel files, procurement and identification.


Google building its own blockchain-based cloud technology

Google is developing its own blockchain-like technology to improve its cloud by adding digital ledger capabilities. Google’s parent company, Alphabet, has built its own distributed ledger system which can be used to log and verify digital transactions.


How Will Blockchain Affect Brands And Marketing?

Whenever I advise on or architect blockchain solutions for a company, someone always asks me, “How will a blockchain solution add brand value?”

The answer lies in the power of transparency.

People often talk about authenticity in a brand. It has become more and more important for shoppers to see that their favorite brands live out the same values that they do.

And blockchain provides something that’s sorely lacking among brands at the moment—actual proof that sustainable, ethical, and responsible practices are being used in the production of goods.



Top 10 International Blockchain Events of 2018

2018 looks to be a great year for cryptocurrencies and blockchain technology. There are events on all over the globe discussing the latest trends–with exciting new startups, ICO’s, and blockchain disruption being just a few of the topics featured. We have picked ten of the hottest cryptocurrency and blockchain events happening this year and brought them to you.



Blockchain Technology Will Transform the Practice of Law

The term “blockchain” refers to a decentralized digital ledger that combines powerful cryptography algorithms with a system of decentralized computing power that redundantly verifies transactions, which are ultimately recorded on a public digital ledger available to the world. … In the future, transactional lawyers may draft contracts that resemble how developers code software applications. In fact, future lawyers will likely need basic-to-intermediate training in coding in order to implement smart contracts based on the blockchain — a phenomenon that is already taking hold in the general population. In addition, lawyers will need to understand the intricacies of how these systems work in order to counsel clients on potential pitfalls and best practices in utilizing these systems for their business. … While this technology is only in its infancy, its application to business is developing at a rapid pace. With Goldman Sachs, Nasdaq and many other leading financial firms and companies investing hundreds of millions of dollars into blockchain technologies, one thing is clear — the lasting legacy of the blockchain is likely to be far greater than Bitcoin or any other single cryptocurrency. This has significant implications for lawyers and the business of law. Ultimately, however, this technology offers a great opportunity for those firms who can innovate. Those firms that are willing to adapt and embrace this technology will be able to provide more effective and efficient services, which will lead to a competitive advantage over those firms who do not evolve.