Vodafone plans to link billions of distributed energy generating assets to grids using the Internet of Things and blockchain technology.
The most basic definition of blockchain is a shared, digitized ledger that cannot be changed once a transaction has been recorded and verified. All parties to the transaction, as well as a significant number of 3rd parties maintain a copy of the ledger (i.e. the blockchain), which means it would be practically impossible to amend every copy of the ledger globally to fake a transaction.
Bitcoin’s success has triggered the establishment of nearly 1000 new cryptocurrencies, leading to the delusion that the only application of blockchain technology is for the creation of cryptocurrency.
However, the blockchain technology is capable of a lot more than just cryptocurrency creation and may support such things as transactions that require personal identification, peer review, elections and other types of democratic decision-making and audit trails.
India’s largest port operator APSEZ has partnered with IBM’s TradeLens platform to digitize its supply chain process.1861
The Global Blockchain Business Council believes the pandemic has shone a light on many systemic inefficiencies that blockchain technology can solve.4061
Tencent Holdings aims to bolster blockchain technology development across China as part of a $70 billion investment in fintech.4195
The average Bitcoin fee has fallen by nearly 54% over the last five days, but some believe network congestion could push users to altcoins.4987
New documentary reflects on the competing narratives shaping the crypto industry.4213
Time will tell if the network will cement its dominance.3064
Decentralized identity solutions might be blockchain’s killer app.2966
The Bank of Lithuania has revealed ambitious long-term plans to develop its blockchain platform for use beyond the financial services sector.4359
Australian research university RMIT announced two postgraduate programs in cybersecurity and blockchain.5060
The $2.5 million investment in India’s largest crypto exchange comes from Polychain Capital and Coinbase Ventures.17218
Can blockchain cure the country’s job creation woes?6929
A Verizon report highlights the growing number of ransomware attacks across educational services.5497
What if this scammer is just pretending to be a hacker?8626
A cryptocurrency analyst recently said that he is surprised that Bitcoin Cash did not yet fall victim to an attack, given the fall in its hashrate.8829