Blockchain is already almost part of the technological establishment. Anyone who visited the “Blockchain 2017 & Smart Contracts“** event in Berlin early this year could see this. All participants knew that blockchain means a distributed network and not the next US boy band. The technology is also no longer seen as hype. Instead, test scenarios and proofs of concept were presented. Continue reading
All rights reserved: La Stampa/Worldcrunch – By Marco Tonelli
Spotify is constantly and continuously evolving. Take the agreement with Universal that grants exclusive access to its albums to Spotify Premium clients, or Spotify’s exploration of allowing songs to be listened to in hi-fi mode, with the same sound quality as CDs. The near future of the Swedish giant might also be written in the technologies developed by the startups it has acquired so far in 2017 — from the use of blockchain to attribute licensing rights of songs to the implementation of artificial intelligence in the system for searching recommended songs. There is also a new feature that recognizes music through smartphone microphones. Continue reading
Smart contracts: Blockchain takes on the legal sector
With smart contracts, Blockchain has been enhanced beyond its ability to simply record transactions. One can now use Turing-complete languages such as Solidity, Serpent and Golang to write complex business logic that is deployed and runs on the chain itself. In addition, smart contracts act as state transition and persistent storage systems that manipulate data as per business requirements, and have access to environmental information e.g. block timestamp and sender balance. Continue reading
If the first generation of Blockchain platforms was defined by the transaction-based distributed ledgers such as Bitcoin, the next generation is clearly defined by the advent of Smart Contracts.
Gartner’s 2016 Hype Cycle for Emerging Technologies identifies three key trends and one of these is “Platform Revolution”. It is believed that these technologies have the potential to be game-changers in the way business ecosystems are run today. A key technology identified in this paradigm is the Blockchain.
Blockchain is a disruptive technology which creates a new secured exchange model for financial transactions. It eliminates third parties and it combines cryptography, a shared register and a distributed consensus, on the internet. Blockchain’s disruptive impact is a real mid-term reality. Its peer-to-peer exchange, irreversibility and authentication features could shake up the trusted thirdparty banking model. Continue reading
A Blockchain is the data structure that underpins Distributed Ledger Technology. Thanks to its cryptographic process, a Blockchain allows trust-based transactions between any two participants to take place, without physical contact and without either side knowing the other’s identity. Continue reading
Bitcoin, blockchain, smart contracts–these are three terms that have recently been given more and more media coverage. According to the Süddeutscher Zeitung (“South German Newspaper”) a veritable “fever” has broken out around the supposedly new technology. But the concept is not so new. Continue reading