Blockchain Could Be Used By At Least 50% Of All Companies Within 3 Years, Oracle Exec Says

  • 📰 Forbes
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 53%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

It’s been a decade since the idea of blockchain surfaced. It has more recently begun to be used by large enterprises but mass utilization is still a while away, use cases are contributing to slower adoption.

Share to linkedin

“My projection is that between 50% and 60% of companies will use blockchain in the next few years,” said Frank Xiong, Oracle's group vice president of blockchain product development at the Forbes CIO Summit in Half Moon Bay, California, Monday. Blockchain is a kind of shared database that allows users to share identical copies of information on many computers. In the past few years, it's gone from largely supporting virtual currencies like bitcoin to a tool used by companies to more closely and accurately track products or private information that pass through many hands.

In deciding whether to use blockchain, companies should do a pain point assessment, two executives said. Like any venture, they should figure out if it's worth the cost.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 394. in BE
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Blockchain Could Be Used By At Least 50% Of All Companies Within 3 Years, Oracle Exec SaysIt’s been a decade since the idea of blockchain surfaced. It has more recently begun to be used by large enterprises but mass utilization is still a while away, use cases are contributing to slower adoption. 👀
La source: Forbes - 🏆 394. / 53 Lire la suite »

Drug company founder, execs exploited patients to sell opioid: U.S. prosecutorThe founder of Insys Therapeutics Inc put profits over patient safety by bribing... It is just as much as the doctors' fault. As they were OATH BOUND to do no harm. Yet they continued to take the drug companies' money and write prescriptions for drugs that people didn't need. If it wasn't for the doctors, it wouldn't be in the public's hands Is China a threat to US? No Is Russia a threat to US? No Who poses a threat to Americans' safety? Capitalist in America. Sometimes socialism is not bad! In China those drug company's execs may face the death penalty! Hmmmmm
La source: Reuters - 🏆 2. / 97 Lire la suite »

Fearing Chinese infiltration, Trump administration considers publishing blacklist of companies using risky supply chainsAmid intensifying warnings about foreign spies and criminals infiltrating new 5G networks and the military supply chain, the Pentagon has been considering publicly releasing a “black list” of companies it believes could pose risks to its weapons based on using risky suppliers. JennaMC_Laugh lol - all the while trying to get china trade deal -- oh well america has trump and is in decline -XI and china will bury trump
La source: YahooNews - 🏆 380. / 59 Lire la suite »