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Smart Contracts and the Future of Banking

by Giulio Prisco

One of distributed ledger technology’s most promising attributes, the power to enable smart contracts, has applications that reach far and wide. As blockchain technology becomes more widely adopted, many of these applications are coming to fruition.A 2016 Forbes story titled “Smart Contracts May ...

How Blockchains Can Help the Ad Industry Comply With the GDPR

by Christopher Tozzi

The privacy and data protection requirements incumbent upon advertisers are about to grow stricter as a result of the General Data Protection Regulation (GDPR). But the regulation also introduces a new opportunity. This challenge is a chance for the growth of blockchains in the advertising ...

The Digital Economy’s Need for Interoperability

by Dustin Byington

This year media has brought extensive attention to the rise of cryptocurrencies. At the time of this writing there are more than 900 cryptocurrencies available online with a market cap up nearly 800 percent this year alone. On August 11, the value of all cryptocurrencies reached an all-time high ...

Blockchain Regulation in Finance: Recent Developments and Prospects

by Martin Bartlam and Mark Radcliffe, DLA Piper

Blockchain technology is a nascent innovation that is providing evolving applications in finance every day. Several regulators have already signaled their intention to examine the use of blockchains. While potentially attractive to regulators due to increased transaction security and reduced ...

The Promise and Challenges of a Blockchain-Based Encyclopedia

by Danny Bradbury

Blockchain technology is disrupting everything from banking to the supply chain. Could online encyclopedias be its next frontier? For years, encyclopedias were monolithic, with strict hierarchies of production and control. Then, Wikipedia democratized them by enabling anyone to write and edit ...

Cryptocurrency Agnosticism and a Vision for Privacy

by Joss Everton

Which cryptocurrency is the best? That’s a heated question to ask and an impossible one to answer. Particl, an ecommerce blockchain startup, wants to free users from having to answer that question. The project is building a cryptocurrency-agnostic ecommerce platform, where users can buy and sell ...

Analysis: IT Heavyweights Are Waking Up to Blockchain

by Pete Harris

Since launching the Hyperledger Project, IBM has elevated its blockchain focus to align it with its cloud business and its activities in artificial intelligence and IoT architectures. IBM’s blockchain business is still in its early days. Numbers have not been published but its investment has ...

A Platform To Bypass Healthcare’s Legacy Technology

by Michael Scott

In 2006 the Harvard Business School Press published a book — Redefining Health Care: Creating Value Based Competition on Results, by Michael Porter and Elizabeth Olmsted Teisberg — that offered a compelling critique of our healthcare system. However, the book also introduced a breakthrough ...

How a Distributed Network Can Combat Ad Fraud

by Danny Bradbury

A lack of transparency is what contributes the most to fraud in the ad tech industry. Currently, there’s no way to police such a large industry. That’s why advertisers pay intermediaries to verify transactions, sometimes verifying a single transaction 10 times, which is incredibly inefficient ...

Estonia Planning Blockchain-Based Residency Program

by Giulio Prisco

Distributed focuses on how legacy industries and sectors can, or should, adopt blockchain technology. Government is most certainly a legacy sector, and one that is not often considered as an early adopter of disruptive technologies. Yet, governments all over the planet have expressed interest in ...

Can Blockchains Save Journalism?

by Ana Grasic

Amid dwindling newsrooms and attacks on “fake news,” journalism appears to be at a low point. But a savior is in sight. The rapid emergence of blockchain technology has the potential to rid the profession of the curse of the “post-truth” era, and to purge the notion of fake news from the media ...

Promising True Privacy for Online Purchases

by Joss Everton

Fairly or not, the Bitcoin economy has earned a reputation as a world of secrecy. Particl aims to change this perception by building a Bitcoin-based digital marketplace that delivers the networks emphasis on privacy without the murky secrecy that taints Bitcoin’s image in some consumers’ eyes. ...

Blockchain Technology Could Disrupt and Reboot the Sharing Economy

by Giulio Prisco

“The core of the sharing economy is people renting things from each other,” reads a 2013 reference article published in The Economist. “[Airbnb] is the most prominent example of a huge new ‘sharing economy,’ in which people rent beds, cars, boats and other assets directly from each other, ...

The State of Illinois Moves Provider Credentialing to the Blockchain

by David Hollerith

2017 has proved to be a busy year for legislation in blockchain technology. While not every state is necessarily coming around to the blockchain, most are at least addressing the technology. It’s reported by BlackLine Advisory Group that as of July 27, “at least 16 bills have been enacted or ...

The Importance of Achieving Decentralization in Ad Tech Networks

by Adam Helfgott, CEO of MadHive

The rise of decentralized systems has made waves in just about every industry, from healthcare to publishing. Ethereum was launched on July 30, 2015, spurring a flurry of business applications built on top of its system of smart contracts. Some skeptics denigrate these innovations as “solutions ...

To Conquer Financial Services, Blockchain Needs Scaling Solutions

by Christopher Tozzi

Blockchain-based cryptocurrency platforms like Bitcoin and Ethereum have a major problem to solve if they are going to conquer the world of finance: scaling.In this context, scaling refers to the ability to process more transactions in a timely fashion. Scaling is important because it’s the only ...

Changing the Rx for Healthcare's Woes

by Michael Scott

Healthcare in the U.S. has reached a pivotal point. While battles over health reform rage throughout Congress, Americans continue to be faced with soaring costs, quality of care deficiencies and barriers to medical service access. All this comes amid reports that out of control administrative ...

How Blockchains Could Integrate With Smart Assistant Technology

by Weronika Slowinska

With the release of the Google Home voice-activated home assistant and Amazon’s success with its Echo smart speaker, there has been lots of speculation in the marketing sector regarding new strategies for a voice-search world.According to Manning Gottlieb, by 2020, over 200 billion searches per ...

How Does the SEC Regulate ICOs? Lawyers Explain

by Giulio Prisco

As Initial Coin Offerings (ICOs) continue to serve as go-to fundraisers for companies in the blockchain and cryptocurrency spaces, the regulations governing them become increasingly imperative.“The U.S. Securities and Exchange Commission (SEC) issued an investigative report today cautioning ...

Modernizing Pharma's Supply Chain

by Giulio Prisco

Lipscomb University, based in Nashville, Tennessee, has formed a partnership with Hashed Health, a healthcare innovation company focused on blockchain technology. The partnership, as reported by the Tennessean (USA Today network) in June, will explore potential uses for distributed ledgers in ...

Media Blockchains and the Scaling Debate

by Christopher Tozzi

If your technology can’t scale, it might as well not exist at all. At least, not if you have any intention of using it in real-world settings.The world of blockchain-based media is no exception. In order for media blockchains to work effectively, the blockchain technology that powers them must ...

Ethereum Gains Momentum for Supply Chain Applications

by Peter Harris

When it comes to proofs of concept (POCs) and pilots of blockchains for supply chain applications, Ethereum is surely in the lead as the preferred technology platform. With its “world computer” ability to run smart contracts, Ethereum has been adopted as a natural starting point by major ...

Will the Blockchain Insights Platform Change Ad Buying?

by Weronika Slowinska

A new trend has emerged in the blockchain ecosystem. Partnerships and consortiums now seem to spring up like mushrooms, creating opportunities for further exploration and exploitation of blockchain technology. There are consortiums like that led by R3, which includes 70 of the world’s leading ...

Building Solutions at the Distributed: Trade Hackathon

by Peter Chawaga

From July 22–23, BTC Media, along with co-host SixThirty, asked developers and entrepreneurs from around the country to participate in a 24-hour hackathon in anticipation of its Distributed: Trade conference in St. Louis. The hackathon challenged participants to use blockchain technology to ...

Life Science On the Distributed Ledger

by Michael Scott

Bioscience is an area in medical science that involves genetic research, disease prevention and lifestyle treatments. It’s been around for a long time but the infrastructural application of blockchain technology offers the possibility of significant advancement.According to a June 2016 survey of ...

The Schuldschein and Blockchain-Powered Transactions

by Christopher Tozzi

A major German automaker and a group of banks have become the latest large corporations to embrace blockchains on a large scale, to the tune of 100 million euros. A loan worth $114 million, which was announced last month, was issued via blockchain technology to Daimler AG, a German automaker, by ...

A Response to Blockchains’ Critics: Issues of Scale, Transparency and Threats to Intermediaries

by Adam Helfgott, CEO of MadHive

Blockchain technology has been called the next internet, revolutionary and transformative.Such grandiose terms may be applicable, but these descriptions also welcome skeptics. Some of the most-oft-voiced criticisms of blockchains include issues of scale, transparency and the threat they pose to ...

Driving the Future of Blockchains: Conclusion

by Peter Chawaga

Over the last four weeks, Distributed’s series “Driving the Future of Blockchains” has explored the critical ways that blockchain technology is poised to, or has already begun, reshaping the automotive industry. If you missed any articles in this series, click on the links below. Through the ...

What Does Delaware's Blockchain Legislation Mean for Equity Markets?

by Michael Scott

When it comes to international commerce and equities, Delaware, the second-smallest state in the U.S., has big intentions. The state already has a stellar reputation as one of the best places to establish a corporate entity in America, boasting two-thirds of all U.S.-listed companies and 85 ...

Driving the Future of Blockchains Part Four: Introducing Usage-Based Insurance

by Jill Richmond

The new frontier of a transformed mobility ecosystem, one that could accelerate the development of autonomous driving technology, is predicated with a firehose of data. One of the most critical uses of that data is being examined by the Toyota Research Institute (TRI). The institute is ...

A Blockchain-Based Solution to Liquidity Needs

by Max Bronstein

In a world where growth moves faster than payments, many small businesses struggle to pay off their urgent capital expenditures. Companies of all sizes have short-term costs that are integral to their operations: Office rent, short-term investments and employee salaries are all generally paid on ...

Blockchains and the Modern-Day Artistic Renaissance

by Nikki Brown

The widespread expansion of the internet in the mid-1990s spurred decades of innovation, including a proliferation of e-commerce businesses, social media platforms, apps, smart devices and streaming services. But the internet has also brought us complicated problems like “fake news,” hackers and ...

Will Blockchains Reshape Corporate Entities?

by Michael Scott

Corporate entities have long been employed by enterprises seeking to limit their liability, protect their assets and minimize tax burdens. These legal structures have evolved over time, emerging as one of the most common vehicles for conducting business domestically and worldwide. Today, with ...

Smart Contracts for Supply Chain Managers: Three Criteria to Evaluate

by Sherree DeCovny

As the research partner of Distributed: Trade, Chain Business Insights is providing this early access to its exclusive research on blockchains’ role in supply chain applications. At the Distributed: Trade 2017 conference, we will present highlights from our research and lead a panel of ...

Driving the Future of Blockchains Part Three: Entering the Ride-Sharing Environment

by Jill Richmond

With transportation ushering in a new period of innovation and a new, evolving automotive ecosystem turning car-generated data into valuable products and services, the self-driving ecosystem is poised to have a huge impact not only on the new ride-sharing environment, but also on the technical ...

Hyperledger’s Fabric 1.0 Is Ready to Change the World

by Peter Chawaga

When the Linux Foundation introduced Hyperledger, an open-source blockchain project, it aimed to propel distributed ledger technology across the world. The project took a major stride in that effort today when it announced the general availability of Fabric 1.0, a production-ready blockchain ...

Improving AdSense: Protecting Placement With Blockchains

by Christopher Tozzi

Those in the travel business may assume that upon purchasing online advertisements, the ads will be displayed on websites related to travel. But the reality can be surprising. These business owners may find that their ads appear on websites that have nothing to do with travel — or even websites ...

IBM Targets 2017 Beta for Food Safety Blockchain Project

by Peter Harris

As the Research Partner of Distributed: Trade, Chain Business Insights is providing this early access into its exclusive research on blockchains’ role in supply chain applications. At Distributed: Trade, we will present highlights from our research and lead a panel of blockchain innovators to ...

Protecting Privacy and Driving Advertisers' Bottom Lines With Blockchains

by Weronika Slowinska

Privacy in the digital age is a recurring source of concern. Most of us have some sort of digital identity that spreads across multiple channels and this eventually becomes more challenging to control. This digital identity gradually slips away from us, and with an overwhelming number of ...

Driving the Future of Blockchains Part Two: The New Mobility Ecosystem

by Jill Richmond

Cars now generate data about how they are used, where they are and who is behind the wheel. With greater proliferation of shared mobility, progress in powertrain electrification, car autonomy and vehicle connectivity, the amount of data from vehicles will grow exponentially, raising a key ...

Analysis: Thomson Reuters’ Blockchain Baby Steps Are Significant

by Pete Harris

In the world of financial markets, there’s an old saying (from 1984) attributed to former Citicorp CEO and chairman Walter Wriston: “Information about money has become almost as important as money itself.” More than 30 years later, that sentiment has surely become a truism, especially in an age ...

Author Q&A: The Blockchain Book for Healthcare

by Michael Scott

Peter B. Nichol, managing director of OROCA Innovations, is one of the world’s foremost experts in healthcare and blockchain technology. He is also the author of the recently released book “The Power of Blockchain for Healthcare.” In light of his expertise and the publication of this new book, ...

Byzantine Fault Tolerance: The Key for Blockchains

by Christopher Tozzi

Blockchain companies have seen billions of dollars in investment and many Fortune 500 companies are now exploring applications with distributed ledgers. By now, it’s clearly on the road to mainstream adoption. But to make the most out of blockchain technology, it helps to have an understanding ...

Can the Blockchain Save Social Media Influencers?

by Danny Bradbury

June has been a big month for Ryan X. Charles. The co-founder of Yours, a cryptocurrency-based social media network, Charles went live with an alpha “soft launch” of his service on June 9. The platform was so new earlier this month that he hadn’t even yet told his mailing list and he admitted ...

Driving the Future of Blockchains Part One: From Car to Super Computer

by Jill Richmond

It is becoming clear that the fundamental concepts of car ownership, ridership and even the physical asset of the automobile itself are about to transform, particularly with the horizon of fully-autonomous vehicles now estimated to become a market reality in 2020. This new universe will not only ...

Questions Loom for Healthcare's Data Security

by Michael Scott

The speed of the internet makes personal healthcare information more readily available than ever before. Though it’s tough to quantify the results of this change, it seems certain that health data security will remain a top priority for hospitals and other healthcare organizations tasked with ...

Experts Discuss Tackling Pharma Supply Chain Issues With Blockchain

by Sherree DeCovny

As the research partner of Distributed: Trade,Chain Business Insights is providing this early access into its exclusive research on blockchains’ role in supply chain management. At Distributed: Trade, we will present highlights from our research and lead a panel of blockchain innovators to offer ...

Dubai’s Rise as an Epicenter for Blockchain Innovation

by Michael Scott

The United Arab Emirates (UAE) city of Dubai is a vibrant, global trade center bolstered by low taxes, a first class transportation infrastructure and relative stability in a sometimes volatile region. Recently, Dubai has placed a bold bet destined to further its reputation as one of the fastest ...

AdLedger Drives Blockchain Collaboration for Media and Advertising

by Peter Chawaga

In an announcement that signals not only how far blockchain technology for advertising and media has come, but portends its influence in the industry’s future, a groundbreaking blockchain consortium focused on ad tech has been launched.The AdLedger Consortium will consist of leaders in ...