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“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.
MustacheTommy OriginTrail is a standard to help integrate companies into the blockchain on Oracle Worth buying?
Around 2012-13, I researched + wrote about cryptocurrencies, but flagged blockchain as the most interesting aspect of its development. Been fascinating to watch. While the transaction processing capacity of bitcoin need to dramatically increase, the potential is there for more.
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Be good to see which coffee companies divert life changing roasting income away from farmers living in abject poverty. 99% of them actually. At we never divert a penny, not a bean, no need for child labor in supply lines that don’t accept coffee poverty
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Source: Forbes - 🏆 394. / 53 Read more »
Source: Forbes - 🏆 394. / 53 Read more »