is a blockchain use case in virtually every business, and a California-based
training company is offering intensive, private training events to help
businesses accelerate adoption and seize the lead.
Lee, CTO and a founding partner of California-based Blockchain Training Alliance, tells
Distributed.com, “Blockchain is not just a new technology where you can write an
application on the internet; it is equivalent to the internet. There is
tremendous disruptive power, and businesses are creating their own internets
that are hyperfocused on business use cases.”
“If you think of it
the same way you always have thought about business applications, you’ll never
get blockchain [technology],” said Paul Tatro, who offers certification training
at Blockchain U Online. “You have to start with the core benefits
of blockchains, which include capabilities that no other technology has
in 2009 as the foundation for Bitcoin, blockchain technology offers a unique
approach to data recording and management. Tatro cited four essential
deliverables that blockchain technology can offer businesses:
The noise around
blockchain technology is deafening, and business leaders everywhere are trying
to glean the technology’s relevance to them.
Verticals such as
finance, supply chain and healthcare are obvious targets for distributed ledger
technology (DLT), and publishers, utilities and governments are also ramping up
their interest in adoption. Companies in many other sectors are dabbling too.
A proposed new cryptocurrency could help online publishers improve
profitability while providing immediate rewards for content creators and even
engaged content users.
The Smart Media Tokens
(SMT) protocol is in development by Steemit, a 2016 startup that has already
launched Steemit.com, a social media
platform where content creators and other subscribers frequently earn hundreds
of dollars for a single post.