Tags archives: blockchain

MOBI, the Mobility Open Blockchain Initiative, expanded its scope of operations last week after it founded a global consortium of automakers in May. CarBlock, the world's first Blockchain-based transportation solution has collaborated with the MOBI team to further explore blockchain for transportation. CarBlock, a start-up founded in 2017, builds solution on data generated by smart devices and smart contract and seek to disrupt the entire allied car industry targeting consumers as well as businesses. The company provides a huge infra...
Itโ€™s the first day of Think 2018, IBM Researchโ€™s flagship annual event and the innovation giant has spoken about everything that the smart world worried about. Today Arvind Krishna, head of IBM Research predicted five most promising technological innovations from IBM laboratories that may see the light in the next five years. Whether it is crypto-anchors, Blockchain, quantum computing, or lattice cryptography,ย IBM research team is concurrently working on addressing worldโ€™s few biggest allies like product fraud, cyber- attacks, and dir...
According to the definition, Blockchain is a distributed database; that maintains a continuously growing list of records, called blocks. Every block contains a timestamp and also a link to a previous block. More technically speaking, it is a digital ledger; whereย the transactions made in crypto-currency(or bitcoin), are recorded chronologically and publicly.ย  Interestingly, last year an Indian multi-national bank; ICICI bank announced that it has successfully used the blockchain technology; to execute transactions in International Tra...