Blockchain, a form of immutable distributed ledger technology that uses consensus protocols to validate online transactions, is most often associated with bitcoin and other cryptocurrencies.
However, because blockchain transactions are instantly verified across potentially millions of computer networks, could blockchain also be used to verify or “track” transactions beyond those connected to cryptocurrencies and other digital assets? What could this mean for companies with regulatory obligations to track, verify and report certain purchases or sourcing? In the last year and a half, companies have begun exploring these questions. This article [...]
Whether Florida sees companies working with blockchain move here depends on whether lawmakers get things right next session.
That was the major takeaway from the first meeting of the Blockchain Task Force in Tallahassee on Monday.
“We are seeing a lot of eyes on Florida in the blockchain space,” said Rosa Shores, co-founder of Blockspaces.
Shores’ Tampa-based company is one tech business based in the Sunshine State working with the technology, but there could be more.
Chief Financial Office Jimmy Patronis, who addressed the task force’s first meeting, espoused optimism on the subject.
“This is a great time for technology in this [...]
Decentralized networks solve problems across many industries. Thus, it’s no surprise that blockchain companies will reach $10 billion in revenue in the next couple of years, according to ABI Research.
Distributed ledger technologies (DLT) refer to decentralized, trustless systems, and according to cryptocurrency guru Nick Szabo in “Money, Blockchains and Social Scalability”:
“Innovations in social scalability involve institutional and technological improvements that move a function from mind to paper or mind to machine, lowering cognitive costs while increasing the value of information flowing between minds, reducing vulnerability, and/or searching for and [...]
This Research Report Forecast 2019-2025 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report.
The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in [...]