Once information is updated on the blockchain, no one can attempt to alter or forge the records. Blockchain is a disruption that will have the greatest impact to the financial industry. Big banks and some governments are already using the blockchain to revolutionize the way data is stored and transactions are processed. Representing the second […]
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Entries by Enspir
by Michael Grabert, CTO and co-founder, Enspir Solutions I’m hoping for some feedback on this article. Let me know if I’m not alone. Given the time of year it’s not too surprising that I would have zombies on my brain. But not the kind of zombies you are likely to think. Over the last several months there have […]
There has been a great discussion about the potential of the blockchain as a distributed ledger and as a secure solution for small and large business transactions. Some visionaries see the technology as revolutionary as the Internet itself, but others are restrained by its legal and compliance frameworks. The blockchain has a potential to become […]
The blockchain has created a buzz around the business industry for over a year now, but nobody seems to truly understand it. In laymen’s term, it is a digital platform for recording and verifying transactions. It allows transactions to be anonymous and secure at the same time. It distributes trust through mass collaboration. Its underlying […]
Companies need to know what goes on beyond the four walls of their businesses in order to gain greater insight to their full supply chain. They need technology that will enable them to understand the total process that runs their supply chains. Thus, Blockchain becomes a very interesting idea for organizations. It promotes trust among […]
Blockchain, the technology behind bitcoin, promises to improve efficiency in numerous processes and create new business opportunities. It is a backend database with a distributed ledger and an exchange network for transferring value between trading partners. It doesn’t require a middleman to validate transactions. While it is still on the early stages, it could affect […]
Most companies wait for a certain technology to mature before investing on it. That’s why fin-tech companies have their eyes on the blockchain. They are investing huge amounts of time and money on its development. The technology is believed to disrupt business models by making financial services more efficient. Soon, companies will be able to […]
Many consider the Internet as the most important invention in the last two decades, but the Blockchain steals the spotlight today. What makes it so interesting is it provides us with a completely new way to carry out transactions that are too complex and that involves multiple parties. It eliminates the need for middlemen. One […]
The technology most likely to change the next 10 years of business is not the cloud, Big Data, Artificial Intelligence, social media or even robotics. It is the blockchain. The blockhchain technology is complex, but the idea is simple. It is a vast, distributed ledger that runs on millions of devices and caters to everyone. […]
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