Posts

Showing posts from May, 2020

Making Enterprise Blockchain Accessible to Businesses

Image
Blockchain has gained much popularity among several parties covering those in business spheres, health care, government institutions and agencies, etc. The new face of Blockchain for Enterprises The blockchain technology though not yet maximized to its fullest potentials has been seen to be a global disruptor courtesy of what it is currently doing in the finance industry. The application of this technology has become almost the go-to strategy to adopt in curbing inefficiencies and wastages in businesses, immutably securing data in a trustless manner, safeguarding the privacy of data and information while also bringing about peer to peer transactions which successfully cuts off huge costs of third parties While the public blockchain networks such as Bitcoin, Ethereum and more recently EOS have gained prominence by capturing the attention of stakeholders in the tech industry, private or permissioned blockchain networks such as HyperLedger Fabric, Azure by Microsoft and of co...

What Is Enterprise Blockchain? A Hoax Or A Key For Future Growth?

Image
What is enterprise blockchain? Does it work or just a hoax? If “Yes”, where and how does it matter to an enterprise development strategy? Recently, the enterprise blockchain has been widely considered a transformative technology to business in the digital era. But the doubt arises when it comes to the term “ enterprise blockchain ”. So what exactly is enterprise blockchain? Does it work in business as people are saying? Is there any scenario for the future set to this technology? Let’s walk through these questions gradually. What is enterprise blockchain? After more than 10 years since Satoshi Nakamoto first introduced the blockchain, when someone mentions blockchain, there are two ways to visualize it. The first one is “blockchain equals bitcoin or any kind of cryptocurrency”. The second one is enterprise blockchain - the distributed ledger technology that can be used to fundamentally change how a business operates. So why are the blockchain experts divided into 2 different attitudes?...