Most interest in cryptocurrency and blockchain technology centers on market value and potential use as an alternative for fiat. The most significant adoption, however, is presently taking place in the industrial economy where interest in distributed ledger systems has become extremely high. Given the scale of growth, manufacturing is poised to be the driving force…
Blockchain technology has the potential to revolutionize a wide range of industrial and technical sectors, and with development moving ahead rapidly, mainstream adoption is just around the corner. The Internet of Things (IoT) is an expanding field that is primed for blockchain adoption. Released in 2016, Iota has been the primary distributed ledger platform that…
The march toward blockchain’s mainstream adoption is underpinned by armies of workers dedicated to developing and promoting the technology. These teams are increasingly becoming the face if the blockchain movement, raising questions as to their long-term roles once their platforms reach final form. The resolution of this issue is likely to play a crucial role…
The move into real world applications is the next step for blockchain systems, and hundreds of companies across the globe are making plans to adopt the technology. Product manufacturers are expected to be among the earliest adopters because of the protection blockchain can provide against counterfeiting. In fact, the first steps have begun in the…
Last week Ethereum’s price fell below $200 for the first time since July, 2017. It has since slightly recovered, but it remains more than eighty-five percent below its all-time high of $1,440 this past January. This current price is a stark contrast to last Summer, when many cryptocurrency analysts predicted that Ethereum was due to…
The Internet of Things (IoT) is a phenomenon technology experts routinely assert will soon transform the modern world. Within five years, tens of billions of devices are expected to be wirelessly interconnected, communicating with each other to make the modern world vastly more efficient and productive. Blockchain developers, recognizing the revolutionary potential of this technology,…