Blockchain

Probably the most disruptive technology for the near future in which keeping the tempo (not resisting it) is a crucial task of every company and institution (think of the actual Banks for instance). What is blockchain? A block is simply a list of payments. A block chain is a list of blocks, each one referring back to the one that went before. However, when people talk about the block chain, they tend to mean the collection of technologies and techniques that underpin the Bitcoin system, which other projects have used as inspiration because they solve unrelated problems in finance and elsewhere.

Blockchain Applications

Cybersecurity: Guardtime, REMME

Healthcare: Gem, SimplyVital Health, MedRec

Financial: ABRA, Bank Hapoalim, Barclays, Maersk, Aeternity, Augur

Manufacturing: Provenance, Jicoin, Hijiro, SKUChain, Blockverify, Transactivgrid, STORJ.io

Government: Dubai blockchain powered state, Estonia, South Korea, Govcoin, Democracy.earth, Followmyvote.com

Charity: Bitgive

Retail: OpenBazaar, Loyyal, Blockpoint.io

Real Estate: Ubiquity

Transport and Tourism: IBM, Arcade City, La’Zooz, Webjet

Media: Kodak, Ujomusic, Bernard Marr

Blockchain powered with AI: Mirocana is a complex predicting system based on deep-learning neural nets that collect, store and analyze huge volumes of financial data. We created three investment products based on system’s predictions for stock, currency and crypto-currency markets. Access to these products is restricted by number of tokens on a customer’s account.

Digital Ledger

A distributed ledger is a database that can securely record financial, physical or electronic assets for sharing across a network through entirely transparent updates of information. Its first incarnation was ‘Blockchain’ in 2008, which underpinned digital cash systems such as Bitcoin. The technology has now evolved into a variety of models that can be applied to different business problems and dramatically improve the sharing of information.

A shared ledger is essentially a database that keeps track of who owns a financial, physical or electronic asset: a diamond, a unit of currency, or items inside a shipping container, for example. Crucially, every participant can keep a copy of the block chain, which is updated automatically every time a new transaction occurs. The security and accuracy of the information is maintained through mathematics — specifically by cryptography — to ensure that all copies of the ledger match each other. Almost anything that exists on paper today could exist on a shared ledger.