Tag: enterprise blockchain

Facebook Turns to the Blockchain with Coinbase Board Member at the Helm

Three months after banning cryptocurrency ads from all its platforms, Facebook is launching a blockchain research and development initiative. With fellow tech giants Oracle and Microsoft already deeply invested in the research and development of blockchain technology, Facebook has joined the bandwagon, and it’s looking to the current head of Messenger, David Marcus, to lead the initiative. The team will include other high-ranking executives from Facebook and its subsidiary, Instagram, according …
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F1 Team Williams Martini Partners with Omnitude to Tap into Blockchain Tech

In today’s fast-moving and extremely competitive world, companies are constantly seeking an edge over their competitors. Incorporating blockchains into operations has become one of the most common strategies in this regard. The latest example is Williams Martini Racing, a British Formula One racing team which has partnered with Omnitude, an enterprise plug and play blockchain startup. In announcing the partnership in a blog post, the team said that it would be looking at …
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Blockchain Tech Still Massively Underused, Gartner Survey Reveals

Blockchain technology has been touted as the solution to many of the challenges facing most industries today. From insurance and real estate to content distribution and supply chain management, the potential of blockchains to revolutionize business is great. However, contrary to popular opinion, only 1% of chief information officers in a recent Gartner poll indicated that they’re currently making use of blockchain technology in their organizations. The poll, which included 3,138 CIOs, revealed a …
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What Are Private Blockchains and What Purposes Do They Serve?

These days, the market is filled with both public and private blockchains, yet due to their similarities, many people tend to confuse the two. In this article, we will attempt to eliminate the confusion surrounding private blockchains and their purposes.  The Similarities Both public and private blockchain networks are decentralized and distributed P2P ledgers that safely record and store information through transactions. Additionally, both provide immutability guarantees and are kept in sync …
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