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Currently Browsing: Results for Tag "blockchain"

Could the Bitcoin blockchain one day run your entire city?

Could the Bitcoin blockchain one day run your entire city? The smart city is not a pipe dream, but it is a big, intimidating problem.At this point, it seems more likely that personal objections to the invasiveness of the programs will do more to block smart city functionality than technological barriers.

How the blockchain could revolutionize welfare — or undermine the poor

How the blockchain could revolutionize welfare — or undermine the poor The blockchain (more accurately called “distributed ledger technology”) has long been a fixation for nerds of all stripes, but lately the real world has been taking notice as well.Now, the UK is testing the most intriguing example yet: blockchain-based tracking of welfare spending.

Crypto-heist threatens to tank blockchain-based future

Crypto-heist threatens to tank blockchain-based future It was a confirmation of the promise of the blockchain, and proof that the future really is near at hand!Despite all the efforts detailed below, make no mistake: the DAO is dead.

What is the blockchain, and is it really about to change the world?

What is the blockchain, and is it really about to change the world? The blockchain is more properly called a distributed ledger, basically a way of securely and transparently storing information, and performing pre-programmed operations on that information.By far the most famous implementation of a distributed ledger is the transaction and tracking procedures for Bitcoin.

DARPA may borrow blockchain tech from Bitcoin to secure military networks

DARPA may borrow blockchain tech from Bitcoin to secure military networks You’ve probably heard about blockchain technology most often in the context of digital cryptocurrencies like Bitcoin, but the blockchain can be much more than that.With Bitcoin, the blockchain is the universal record of all the transactions that take place.

Blockchain, a game-changing new technology

Blockchain, a game-changing new technology “We’re on the cusp of radical and disruptive change, and this poses challenges for lawmakers and regulators around the world,” says Sims.“With major companies such as Microsoft now accepting virtual currency payments, it’s feasible that blockchain technology will become ubiquitous within the next decade,” she says.