Around 2014, blockchain technology applications -- distinct from their use in cryptocurrencies -- began to emerge as experts identified potential uses of the technology for other types of financial and organizational transactions. Some specific early examples of enterprise applications inclu...
Although the blockchain technology landscape can be confusing and is constantly changing, it is a technology that is almost certain to impact the business of most IT leaders in the next five years. Whether due to the adoption of blockchain by a competitor or the necessity to participate in a...
Blockchain infrastructure:This is a bit of a “catch all” category for developers who work directly with the blockchain itself, apart from previously mentioned roles. Some examples might include: running and maintaining blockchain nodes, creating blockchain networks, and executing with low level bl...
In the Blockchain method, there are no limitations on the number of records that can be held. It is important to remember that record keeping is not limited to these applications. The following are examples of the types of information that can be held on them: Health transaction records Mana...
in a financial transaction. It has been adopted by several companies for international trade and exchanging money across borders. Examples of applications built on the Stellar blockchain include MoneyGram for money transfer, Circle for payments and treasury infrastructure, and Flutterwave for integrating ...
exactly that,stealingmore than $600 million from the gaming-centered blockchain platform Ronin Network. This challenge, in addition to the obstacles regarding scalability and standardization, will need to be addressed. But there is still significant potential for blockchain, both for business and ...
doi:10.1007/978-981-15-1350-3_9Gyooho LeeSpringerPerspectives in Law, Business and Innovation
company permissions different participants in the logistics industry to share and secure business data, enhance efficiency, and speed up cross-border transactions. Businesses can look at the examples of permissioned blockchain networks they wish to join to achieve the shared benefits in these networks....
Niche applications:There are specific use cases for which blockchain is particularly well-suited. They include elements of data integration for tracking asset ownership and asset status. Examples are found in insurance, supply chains, and capital markets, in which distributed ledgers can tackle pain ...
Permissioned blockchains are distributed ledgers that only allow access to users who have been granted access. They are used in specific circumstances, such as business or government applications, to secure data and information. The comments, opinions, and analyses expressed on Investopedia are for ...