Blockchain technology is on track to disrupt many institutional and business sectors, and its move into the mainstream will likely take place in steps. Among the first is logistics, with the fight against counterfeit goods being a top priority. This type of application is relatively easy for distributed ledger platforms to perform, and could result…
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…
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…
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,…