Big Four auditing firm KPMG has identified the top four skills needed for a blockchain-related career, in a press release shared with Cointelegraph on May 16. KPMG suggests that an increasing number of companies will investigate blockchain technology this year. “Blockchain projects will not succeed or scale without a multifaceted team that goes beyond technologists,” the firm states,… Read more »
Posts Categorized: blockchain
A B.C. solution to taking the sting out of honey fraud
A B.C. honey producer may hold the key to helping Canada fight back against honey fraud. In the last fiscal year, more than 23 per cent of imported honey products tested by the Canadian Food Inspection Agency contained additives, despite being labelled pure. The agency found the honey had been diluted with rice and corn syrups…. Read more »
Is blockchain living up to the hype?
As we approach Bitcoin’s 10th anniversary at the end of this month, we ask whether blockchain – the technology underpinning the cryptocurrency – is fulfilling its promise, or a tech still looking for a better reason to exist. There have been some very grandiose claims made about blockchain. Source: BBC Business Technology Date: November 30th, 2018 Link: https://www.bbc.com/news/business-45919700… Read more »
How blockchain tech could help us track where food comes from
Imagine if while you were shopping for produce, you could scan an apple and see its entire history, from the moment it was picked from a tree, all the way to your local grocery store — right on your smartphone. That’s just one of the ways that companies are planning to use blockchain technology within the… Read more »
‘Child porn links could make Bitcoin blockchain illegal’
Researchers in Germany have found hundreds of links to child sexual abuse imagery on Bitcoin’s blockchain. This could make using the blockchain, a digital ledger of crypto-currency transactions, illegal. The study, from RWTH Aachen University, also said other files on the blockchain may violate copyright and privacy laws. Researchers said they had found eight files with sexual content…. Read more »
How blockchain, the technology behind bitcoin, could change your life
Digital evangelists believe that the blockchain could revolutionize everything from legal contracts to the way we use the internet. The trouble is, most people still don’t really know what the blockchain actually is, aside from being associated with the hyped — and volatile — digital currency bitcoin. Given the current cryptocurrency market, that has made blockchain a hot commodity…. Read more »
Startup Codex Brings Blockchain to Art With Backing From Pantera
Verifying authenticity or provenance is one of the art industry’s biggest challenges. Blockchain can help. Blockchain is a potentially revolutionary technology for all sorts of industries, from finance to food safety, social media and retail. A startup plans to use it in the notoriously opaque world of fine art to verify authenticity. Codex has developed a decentralized database… Read more »
Bitcoin: South Korea sways cryptocurrency prices – but how?
South Korea’s government has been signalling that it plans to crack down on cryptocurrency trading. Exactly how it will do this remains vague. But just the threat of action has been enough to drive a sell-off across the market globally. Bitcoin, for example, has lost nearly a quarter of its value in the past week. And so… Read more »
IBM, Maersk Form New Blockchain Company for International Cargo
IBM and A.P. Moeller-Maersk A/S have started a company that will use new technologies such as blockchain, a digital ledger best known for underpinning bitcoin, to track cargo movements and automate paperwork for shipping across international borders. Source: BusinessWeek Date: January 16th, 2018 Link: https://www.bloomberg.com/news/articles/2018-01-16/ibm-maersk-form-new-blockchain-company-for-international-cargo Discussion 1) It is becoming more and more apparent that blockchain technology is going to… Read more »
Bank of Canada releases white paper on merits of creating digital currency
Bitcoin hogged the headlines after the virtual currency, which is not traded on world markets, smashed its way to historic peaks. At the start of the year, the currency was valued at $1,000 (U.S.) per coin; it’s now worth more than $11,000 (U.S.) per coin. In a research paper released by the central bank Thursday,… Read more »