Blockchain Applications

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C O N T E N T S:

KEY TOPICS

  • It?s an easy-to-use tool with a simplified interface that enables users to create end-to-end blockchain applications that leverage the best of Azure services, including Azure Active Directory (Azure AD), Azure Key Vault, Azure SQL Database, Application Insights, Azure Functions and Service Bus.(More...)
  • Corda Enterprise includes the world's only Blockchain Application Firewall, which enables the platform to be deployed inside corporate data centres while retaining the ability to communicate securely with other nodes anywhere else in the world.(More...)

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  • This article introduces Blockchain as a Service (BaaS) in Microsoft Azure, showing how it can be used to build a secured data structure and create a distributed transactional digital ledger.(More...)
  • This platform helps companies save selected IoT data to a private blockchain, which is used to share the protected data among all business partners involved.(More...)

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GENERAL INFO
Testing blockchain applications is a unique challenge with its own technical and theoretical underpinning. [1]

KEY TOPICS

It?s an easy-to-use tool with a simplified interface that enables users to create end-to-end blockchain applications that leverage the best of Azure services, including Azure Active Directory (Azure AD), Azure Key Vault, Azure SQL Database, Application Insights, Azure Functions and Service Bus. [2] Blockchain on Azure ( bit.ly/2rQUO5q ) provides a rapid, low-cost, low-risk platform for building and deploying blockchain applications. [2] This might be your first blockchain application, but there are QA consultants that have extensive experience in testing, blockchain development, and blockchain testing specifically. [1] Testing blockchain applications is a unique challenge with its own technical and theoretical underpinning. [1] Contract tests: making sure that the automation behind smart contracts works flawlessly is another thing that can make or break your blockchain application. [1] Coco makes it possible to create blockchain applications without writing any code. [2] Azure Blockchain is a collection of Azure services and capabilities designed to help enterprises create and deploy a new class of applications for sharing business processes and data with multiple, semi-trusted organizations. [2] While blockchain is often discussed in the context of financial services and cryptocurrencies, this technology has a much broader range of potential applications. [1] Security tests : blockchain truly shines in financial and banking applications. [1] Tools for development of decentralized applications distributed on a blockchain. [2] It does so around popular blockchains and into a reference architecture that can be used to build blockchain-based applications. [2] Functional tests: it?s highly likely that your blockchain product is entirely unique in some regards, given the limited scope of today?s applications for blockchain technology. [1] Azure BaaS, in a nutshell, represents not just a public cloud hosting provider for distributed ledgers, but an organic and integrated platform for building and delivering decentralized applications that run on a blockchain technology. [2] They vary depending on the applications and the blockchain platforms you use. [1] In blockchain context, think of a dApp as a client application that communicates to a smart contract for interacting with the blockchain network. [2] Coco provides code assets and ARM template deployment scripts for the scaffolding needed to create a blockchain network, gateway API and Web application. [2] These apply to testing applications in general, but we?ll try to elaborate on why they?re especially crucial for blockchain apps. [1] New blockchain project Constellation Labs for "consumer grade" applications development announced the listing of its DAG token on KuCoin exchange, following the recent launch of their developer community Orion. [3]

Can anyone help me to do this? And I would also like to know the system requirements or architecture of the server where the blockchain applications has to be hosted and also how to connect peers to a network by using the public IP address instead of local IP address. [4] Learn about the wonderful and powerful world of smart contracts and how they can be used to create Blockchain applications. [5] Now that we know what the blockchain technology is, let?s look at its blockchain applications in different industries. [6] One way of achieving this, according to Santiprabhob, was through the use of blockchain applications that enable cross-border payments. [7] In a speech delivered during the Bloomberg ASEAN Business Summit, the governor of the Bank of Thailand, Dr. Veerathai Santiprabhob, revealed that the central bank was undertaking a review of blockchain applications for purposes of document authentication, supply chain financing and cross-border payments. [7] "Technologies under (sic) reviewed include blockchain applications for cross-border payments, supply chain financing, and document authentication." [7]

The initiative also aims to use blockchain applications to reduce the time it takes to allocate bonds to retail investors to 2 days from 15 days. [7] I have also created an application that uses this blockchain. [4] This session will focus on state-of-the-art blockchain development platforms and emerging industrial applications. [8] In my application, I have used web3 to connect to the blockchain from front-end and I have also written some smart contracts which controls the activities of that application. [4] Learn about Remix IDE and how you can develop Blockchain Ethereum based applications online. [5] Students in this course will learn how to create and run successful applications on the blockchain. [9] Course catered towards developers and product managers focusing on applications of blockchains. [9] This course provides a developer with the techniques necessary to write applications that run on a Blockchain. [9] "Keeping track of renewable-energy certificates is one of dozens of potential applications of blockchain technology that could solve data management challenges in the electricity sector?" said Jesse Morris, an energy expert at the Rocky Mountain Institute. [10] The digital currency system Bitcoin is just one application of blockchain technology. [11]

Corda Enterprise includes the world's only Blockchain Application Firewall, which enables the platform to be deployed inside corporate data centres while retaining the ability to communicate securely with other nodes anywhere else in the world. [12] Dr. Santiprabhob said that one way to achieve this was through the use of blockchain applications that enable cross-border payments. [13] Dr. Veerathai Santiprabhob, the Governor of the Bank of Thailand, revealed that the central bank was considering a review of blockchain applications for purposes of supply chain financing, document authentication, and cross-border payments. [13] Technologies under (sic) reviewed include ? blockchain applications for cross-border payments, supply chain financing, and document authentication." [13] SHENZHEN, CHINA / ACCESSWIRE / July 10, 2018 / Xunlei Limited ( XNET ) and its cloud computing subsidiary Onething Technologies today announced the winners of the inaugural Xunlei Blockchain Applications Global Challenge. [14] After nearly three months of the competition process, over 2000 participants from China and overseas came together and developed blockchain applications on ThunderChain, Xunlei's high-performance blockchain platform that can handle over 1 million transactions per second, and other infrastructures. [14] Easily deploy a blockchain application to a starter network to run a proof of concept. [15] Here are the top 7 Blockchain applications that we think small business should seriously consider. [16] Create your blockchain application with tutorials, developer tools and integrated Hyperledger Composer. [15] The Central Bank of Thailand is considering various blockchain applications including cross-border payments. [13] Read the full article here for more details on the issues that supply chain executives should consider if they?re looking into blockchain applications. [17]

The majority of international blockchain patents applications are filed by EITC -- also known as nChain -- Bank of America, Alibaba, Coinplug and IBM, according to data obtained from bitcoinpatentreport.com. [18] During the 2012-2015 period, in the U.S. alone, institutions had amassed at least 83 patent applications that contained words like "cryptocurrency" and "blockchain" in their forms. [18] The great benefit of Blockchain for small businesses is that it is a cheaper and more secure way to use applications. [16] The VP also shared more about the integration of NEM blockchain into WeChat messaging application platform. [19] Blockchain and Smart Contracts are a great application example for insurers. [20] John Velissarios, Managing Director, Global Blockchain Technology Lead, at Accenture, comments: "Corda Enterprise marks the beginning of a new phase for the blockchain industry that will allow businesses to build enterprise-grade applications securely using cutting-edge technology. [12] "Developing a Blockchain Business Network with Hyperledger Composer using the IBM Blockchain Platform Starter Plan" takes you, step-by-step, through starting, testing and moving applications to production. [15] The application examples for the Blockchain technology are very broad and we have compiled the most important possible applications from banking, business, public sector and other industrial sectors to give you an overview of what is possible with this technology. [20] The BLOCKCHAIN APPLICATIONS & ECONOMICS FORUM 2018 will bring together business leaders and thinkers that are not yet on the blockchain but are evaluating its impact on their business. [21]

The easiest distinction is to think of Bitcoin as an application and blockchain as the technology (or network) that Bitcoin operates upon. [22] Said another way, Bitcoin is to email (an application on the internet) what blockchain is to the Internet. [22] Thanks to its decentralized nature, a hacker striking a website or application hosted on blockchain needs to breach all the peer nodes on the chain simultaneously, making it extraordinarily difficult to perpetrate an attack. [23] Currently, Blockchain is one of the world's leading technologies that reform traditional e-cash systems and can serve as backbone technique for many other applications such as medical, industry and manufacturing, due to its desirable merits. [24] At The Digital Insurer, our purpose is "Working Together to accelerate the digital transformation of insurance" and, with this in mind, we are delighted to announce the first of our new regular webinars focused on the potential applications for blockchain in insurance. [25] Although blockchain presents enormous opportunities for manufacturing providers, most applications are still in proof of concept phases or are simply ideas on a whiteboard. [22] There are still some issues that need to be addressed in Blockchain system and its applications. [24]

Want to talk more about blockchain's possible applications to your organization? Contact Blue & Co.' s IT Advisory Services leader, Tom Skoog, at [email protected] [22] I think it?s time to build a consumer facing blockchain application, because blockchian technology applied to more and more industries and become more mature. [26] Sam Hartnett is an associate at Rocky Mountain Institute and member of the Energy Web Foundation team, where he works with major energy companies to develop blockchain applications for demand response, electric vehicles, and peer-to-peer markets. [27] This Ovum report looks at Oracle's platform-as-a-service (PaaS) offering of blockchain, which will enable companies in multiple verticals to develop applications and deploy them on the platform to take advantage of the benefits of the distributed ledger technology. [28] Securely extend your business applications and processes while accelerating transactions across your entire ecosystem with the power of blockchain. [28] At Energy Web Foundation (EWF), we?re building an energy-efficient blockchain to support applications that unlock new opportunities for renewable energy and distributed energy resources. [27] Apart from these, there are various other applications of Blockchain. [29] Blockchain projects also stepped into the spotlight for Enterprise applications. [30] Under examination is MyClinic.com, a telemedicine application powered by Medicalchain, a blockchain platform that enables the secure exchange of medical records between patients and doctors. [31]

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This article introduces Blockchain as a Service (BaaS) in Microsoft Azure, showing how it can be used to build a secured data structure and create a distributed transactional digital ledger. [2] Azure, basically, offers Blockchain as a Service (BaaS) by providing several easy-to-deploy, enterprise-ready templates for the most popular ledgers, including Ethereum, Quorum, Hyperledger Fabric, Corda and more. [2]

Google?s parent company Alphabet?s venture capital arm GV has invested in wallet service Blockchain Luxembourg, financial transactions network Ripple, cryptocurrency asset management platform LedgerX, and international payments provider Veem. [32] In a blockchain, ledgers are distributed across the entire network, and there?s no need for any third-party system to be in the middle of a transaction. [2] Blockchain has captured the attention of the business and technology world as a way to streamline business processes, verify transactions, and reduce the potential for fraud. [2] Blockchain has emerged as a solution for streamlining business processes, verifying transactions, and reducing the potential for fraud. [2] It?s Microsoft?s approach to bringing distributed ledger (blockchain) platforms into the enterprise and building real solutions addressing real business problems, while keeping the platform open. [2] Tags: alphabet, blockapps, blockchain, Blockchain-as-a-Service, digital asset, ethereum, google, Google Cloud Next, Google Cloud Platform, hyperledger fabric, smart contract loading. [32] Embark has integrations with Ethereum blockchain, IPFS, and a couple of decentralized communication platforms (Whisper and Orbit). [1] It?s possible to write C# code using a library like NEthereum ( nethereum.com ), a fully managed.NET integration library for Ethereum that allows interaction with Ethereum clients like geth, eth or parity using RPC. The library has very similar functionality to the JavaScript Ethereum Web3 RPC Client Library, which is the de-facto standard for blockchain client interoperability. [2] Imagine not being able to make a chargeback on a fraudulent transaction through your bank? In short, blockchain testing is like making sure that every transaction in all of the bank?s history is legitimate, in advance. [1] They can?t access external data or systems, as calling a service outside of the blockchain breaks the "circle of trust" that blockchain provides for cryptographic security and immutability of transactions. [2] CRM, ERP and payroll systems all represent external entities that aren?t part of a blockchain, but may be involved in the exchange of data within a transaction. [2] Critically, blockchain data and contracts are distributed, which means that there are many replicas of the database. [2] Testing can help to mitigate the colossal cost of error since the very nature of blockchain makes it impossible to amend data that has already been recorded. [1] To address this requirement, Microsoft introduced cryptlets as part of "Blockchain 3.0," the blockchain of data, logic and cloud services. [2] Blockchains need a way to securely receive external data, as well as access to secure execution of off-chain code. [2] As you point out, the "computer system has locally, a complete point int time physical copy of the blockchain data set" and virtually. [2]

Now that you might have a basic idea about the types of environments that are used for blockchain testing, it?s crucial to learn more about the actual tests and some of the testing standards. [1] Testing a blockchain-based app or another type of software comprehensively and rigorously ensures its quality and minimizes the risks associated with the lack of skill or experience in developing blockchain products. [1] Smart contracts are a blockchain-based business automation tool, think scripts, that run on the blockchain against pre-determined business rules. [32] Transactions could be in the form of creation of accounts, movement of ether, creation of smart contracts, or any change to the state of the blockchain. [2] Blockchain is a digital ledger, a transactional database that appends only immutable records of every transaction that occurs. [2] There?s plenty of literature on the Internet about blockchain and how it started as a digital ledger for Bitcoin. [2]

It provides a trusted foundation with which existing blockchain protocols such as Ethereum, Quorum, Corda and others can be integrated to deliver complete, enterprise-ready ledger solutions. [2] In this category, it?s worth mentioning SAP Blockchain, Blocko, Blockstream, and Peer Ledger. [1] It?s possible that you?re doing something that hasn?t been fully implemented in blockchain before. [1] It?s important to note that Coco isn?t a standalone blockchain protocol. [2]

With an economics degree, Sophia analyzes key digital challenges facing the banking industry and write about the emerging trends in banking software development such as mobile banking and blockchain. [1] The organization includes major automakers and tech ventures as members (from BMW to IBM) and has plans to explore further blockchain use in the automotive industry. [33] The country of Georgia uses blockchain to verify and store land property rights. [1] Projects such as MicroGrid in Brooklyn even use blockchain to control electricity consumption and availability. [1]

Currently, customers can deploy these services into their subscriptions and integrate them with blockchains available on the Azure Marketplace. [2] He founded Blogchain Space ( blogchain.space ), a blog about blockchain technologies, writes for MSDN Magazine and MS Dynamics World, and publishes machine learning experiments on the Azure AI Gallery ( gallery.azure.ai ). [2]

RPC-Endpoint : You need this address to establish communication between a dApp development environment, such as Ethereum Remix and the consortium blockchain. [2] Ready to start building Dapps? Dive deep into blockchain development. [33]

I?d like to reinforce this point about blockchain being a distributed ledger. [2] Blockchain is a secure, shared, distributed ledger that can be public, private or consortium (that is, restricted to named members only). [2] The first move of both companies will be to power the Mobility Open Blockchain Initiative (MOBI), which first emerged in Dubai in early May 2018. [33] "The Constellation protocol aims to solve the primary challenge of scalability in the blockchain, providing a solution that is highly resource-efficient and exponentially scalable", said Constellation CTO Wyatt Meldman-Floch. [3] The first blockchain, Bitcoin, emerged in 2009, with distinct limits. [2] CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. [34] SSH Info : You need credentials to sign into the blockchain environments and configure parameters, like most typically for unlocking the Coinbase account and start mining new blocks. [2] As described on the Web site, Bletchley is an architectural approach to building an enterprise consortium blockchain ecosystem. [2] Studies are already underway regarding ways in which the blockchain can make global transportation safer, less expensive and more accessible. [33]

To make it happen, Google has teamed up with Digital Asset -- a provider of distributed ledger technology (DLT) software -- and BlockApps -- a platform on which enterprises can develop blockchain apps. [32] "This will reduce the technical barriers to DLT application development by delivering our advanced distributed ledger platform and modeling language to Google Cloud," Digital Asset CEO Blythe Masters said in a statement. [32] "Microservices" is an approach to application development in which a large application is built as a suite of modular services. [3] Constellation deploys smart contracts as "microservices" so that services can be chained and composed into distributed applications. [3] Real world applications mean a smart contract can determine when the conditions of a real-estate purchase have been met, and in turn release funds from a bank. [32] Obtain the smart contract address and Application Binary Interface (ABI). [2] Embark is a framework that?s focused on development of dApps (decentralized applications) that run on multiple nodes orcomputers. [1] This can also help you figure out the potential costs of running the application in the cloud or other environments. [1]

With the relative novelty of the technology, many development teams still don?t have experience with blockchain-based applications. [1] In a blog post before Google's Cloud Next '18 conference today, the company has announced a partnership that will permit it to offer the financial services industry a cloud-based platform on which they can develop and run blockchain-based applications. [32] Testing is all about the tools, especially when it comes to testing blockchain-based applications. [1] There are some specific frameworks to help you test blockchain-based applications. [1]

Decentralized applications (dApps) are applications that run on a peer-to-peer network of computers rather than a single computer. [2]

New blockchain ledgers emerged in the market, the most popular being Ethereum (ethereum.org) and Hyperledger Fabric (hyperledger.org), to add smart contract capability to the network. [2] The plan is for GCP to run both the open-source integrations for Hyperledger Fabric and Ethereum, the two leading enterprise blockchain platforms, according to the company. [32]

Coming soon, the Microsoft Confidential Consortium (Coco) Framework is an open source system that enables high-scale, confidential blockchain networks that meet all key enterprise requirements for confidentiality, governance and performance, and at the same time provide a means to accelerate production enterprise adoption of blockchain technology. [2] Blockchain technology evolved with the addition of smart contracts, which are small pieces of code that add logic to transactions. [2] Platform for ?onnecting restaurant businesses of Blockchain technology. [32] Let?s look at what the future looks like in the Microsoft vision for blockchain technology. [2]

Azure Blockchain Workbench ( aka.ms/abcworkbench ) leverages different blockchain ledgers and existing cloud services to enable a robust blockchain ecosystem for the enterprise. [2] In general, build an architecture for enterprise solution integration with a blockchain ledger, leveraging Azure enterprise capabilities and worldwide distribution. [2] A word on Azure Blockchain Workbench, which is the primary mechanism for enterprise customers getting started with blockchain. [2] Microsoft introduced cryptlets as part of its open source project code-named "Bletchley" ( bit.ly/2Iv9VZz ), which has evolved into the Azure Blockchain Workbench product revealed at the Microsoft Build developer conference in May. [2] With Azure Blockchain Workbench the heavy lifting is done for them, so they can focus less on scaffolding and more on logic and smart contracts. [2] Azure Blockchain Workbench is available now in the Azure Marketplace ( aka.ms/tryworkbench ). [2]

I can select from several digital ledger technologies--in this case I?ll create an Ethereum Consortium multi-node ledger--and quickly provision my blockchain network in Azure. [2] You are correct in saying that a malicious attack to a node in a blockchain network, with the intention of tampering with the data stored in it, can be successful in some time and with the use of powerful computing. [2] You may want to specify the number of members in the consortium (up to 12), the number of mining nodes per member (mining nodes record transactions within a blockchain network), storage replication (locally redundant or geo-redundant) and performance. [2] IBM Hyperledger is an open source tool that allows you to model and test your blockchain network with a minimal set of tools : Docker and a browser. [1]

It?s done through Hyperledger Composer, which is a framework for facilitating blockchain app development consisting of a modeling language, a UI (Composer), and a command-line interface. [1] Integration tests: your blockchain app will work in multiple environments with various systems integrated, for example, a customer-facing UI. So it?s essential to test the performance and solidity of these inter-system connections. [1]

Learn more about the essential tools and techniques that are specific to blockchain app testing. [1] In this article, we?ll take a look at the specifics of blockchain app testing. [1]

It pushes many companies to head into blockchain projects hastily. [1]

Since companies like Equifax handle humongous amounts of data a blockchain may not be the best way to store it. [6] Learn about how Blockchain can be used to power Data Storage platforms. [5] Learn about how Blockchain can be used to power Proof of Ownership platforms. [5] Learn about how Blockchain can be used to power the Education industry. [5] Learn about how Blockchain can be used to fix the diamond industry. [5]

The blockchain based solution saves time and money, according to Accenture statement : "Our trials have proven the viability of a shipping process in which many documents can be replaced by secure and distributed data sharing with clear and defined ownership," said Adriana Diener-Veinott, who leads Accenture?s Freight & Logistics industry practice. [10] According to David Treat, the lead of blockchain practice at Accenture, while blockchain is a brilliant technology it is not designed to handle massive amounts of data. [6] He said just as charities have started using blockchain to track donations and ensure money stays in the right hands, healthcare is exploring the technology to safely store medical records and share with the proper parties while improving the speed of diagnoses. [11] The blockchain allows one to store data and secure it using various cryptographic properties such as digital signatures and hashing. [6] Blockchain has already been implemented for ad-buying contracts, recording of ad impression data, and payments for media buying. [10] Cohen highlights a few areas where blockchain has the ability to impact retail including revolutionizing supply chain management, preventing against counterfeiting, simplifying payments and creating safer data security. [11] What happens if the blockchain gets implemented here to maintain all the food records? Remember that the blockchain is an open ledger and the data in it is open to everyone and there is no central authority taking charge of the records. [6] "Blockchain offers a possible solution to these challenges with its decentralized ledger that can store a history of transactions across a shared database," Cohen said in the report. [11] DID will be a blockchain based and can be used for bank transactions, for instance, or in communicating with health insurance providers. [10] Blockchain is also being used to protect consumer data from a breach. [11] "With consumers more conscious of how their data is used and stored, blockchain may offer an additional level of transparency." [11] A blockchain uses two important data structures: Pointers and Linked Lists. [6] The NPD report noted IBM is partnering with nine retailers and food companies (Walmart, Unilever, Nestle, Dole, Tyson Foods, Golden State Foods, McCormick & Co., McLane Co., and Driscoll?s) to revamp data management processes with blockchain. [11] The blockchain is a chain of blocks where each block contains data of value without any central supervision. [6] The blockchain is a linked list which contains data and a hash pointer which points to its previous block, hence creating the chain. [6]

Having these data on the blockchain will reduce the waiting time from weeks to mere seconds. [6] One of the best features of this is that as soon as data enters a block in a blockchain it cannot be tampered with. [6] They have recently started putting up their sensitive data on the blockchain for the added security. [6] Each device will have its own SSL certificate, whose data will be stored on the blockchain. [6] Since the blockchain is immutable, the data that gets stored in it can never be tampered with. [6]

Blockchain is far more than just a technology to supply bitcoin or any other cryptocurrency. [10] Blockchain News is your source for the latest news and opinion on Blockchain and Distributed Ledger technology and intelligence. [35]

Presentations will cover basics of blockchain, digital trust, major cryptocurrency solutions, and will teach how to define and code digital contracts. [9] The concept of smart contracts, micro finance, and transparent transactions are all benefits from the Blockchain. [9] Blockchain works to verify counterfeit products, diverted goods, stolen merchandise and fraudulent transactions. [11] VeChain is a blockchain system that embeds customized chips into luxury products and allows manufacturers to trace the product from end to end. [11]

Learn about the use of esoteric functions in the Solidity programming language and the Blockchain ecosystem. [5] Learn about how Blockchain can be used to power Businesses. [5] Learn about how Blockchain can be used to assist people with last wills and testaments. [5] Learn about how Blockchain can be used to power the Housing market. [5]

Walmart and IBM used the "Hyperledger Fabric", a blockchain originally built by IBM and now housed under the Linux Foundation?s Hyperledger group for these tests. [6] Walmart uses blockchain in China to source its pork all the way from the pig to the customer. [11] Walmart supplier Coca-Cola is starting a pilot to use blockchain to identify inhumane labor conditions in its sugar supply chains. [11] "Blockchain could significantly reduce time delays and human mistakes, and monitor cost, labor, waste and emissions at every point in the supply chain. [11] "By making the record accessible and verifiable from anywhere in the world, blockchain can enable the authentication of goods and eradicate the criminal element of counterfeit goods in the retail supply chain. [11]

Unlock is a platform that provides information, intelligence, insights and news on Blockchain. [6] The fact is that many big shopping chains like Walmart are teaming up with IBM to incorporate the blockchain in their food management system. [6] What Guardtime is doing is that they are using the blockchain to create a KSI (Keyless Signature Infrastructure) to replace the PKI system. [6] I have created a private blockchain in my system using geth and added peers by using admin.addPeer() command. [4]

NPD?s financial services team said private blockchains allow users to dictate who can participate in the network, removing the chances of foul play. [11] To make this happen Microsoft decided to build an open source blockchain based decentralized identity ecosystem for people, organizations, apps, and devices. [10] The Blockchain and crypto currency are important tools for a decentralized market that needs to protect its speed, security, and reputation. [9] Blockchain is the backbone of bitcoin and other cryptocurrencies. [8] Blockchain can help power providers automatically capture customers? monthly consumption. [10] There are mainly 3 features that a blockchain has that can help prevent cybersecurity attacks. [6]

NPD reports a number of companies have already launched blockchain counterfeit deterrents. [11] Here are some real-life examples of blockchain companies disrupting the cybersecurity space. [6]

Learn about what Cryptocurrencies are and how they relate to Blockchain. [5] As the blockchain gets more and more integrated into the food industry it will make the whole process more transparent and safer. [6] NPD said the practice makes sense for the retailer, because if the customer could send the payment transfer via blockchain, it would avoid third-party clearing house fees retailers pay for processing card payments. [11] The best approach to a true understanding of blockchain is learning its 3 basic technologies. [10]

Walmart recently filed patents that could allow the retailer to store vendor and consumer e-commerce payment data using blockchain technology to improve security. [11] Companies like " Follow My Vote " are using the blockchain technology and Elliptical Curve Cryptography to bring voting to the 21st century. [6]

By pairing hardware chips with blockchain technology, a product can take on a digital history, going as far back as the raw materials that were used to make the product. [11] He said blockchain technology can maintain long records of any data sequence. [11] Santiprabhob also said that the central bank was looking to apply blockchain technology, and other technologies such as biometrics, in safeguarding financial information so as to reduce fraud. [7] Early last month, as CCN reported, the central bank governor disclosed that the Bank of Thailand was working hand in hand with the country?s financial sector, under the Thailand Blockchain Community Initiative which was launched in March this year, in order to harness blockchain technology in banking. [7]

This is not the first time that the Bank of Thailand has demonstrated its commitment to blockchain technology. [7] In this article we will review those three main components of blockchain technology: blockchain itself, peer-to-peer networks, consensus mechanism. [10]

This application would encrypt payment information in digital shopping systems and create a network able to automatically conduct transactions on behalf of a customer. [11] After all this, I have also written a smart contract(ERC Tokens) to create cryptocurrencies which is used for payments in that application. [4]

Now I want to host it to another server so that we can use that application from anywhere. [4] MIT Review stated: "The team will begin with applications like tracking renewable-energy certificates. [10] While it garners much attention, future retail applications are almost certain, according to Marshall Cohen, chief retail advisor at industry tracking firm The NPD Group. [11] He is the lead author of The Android Developer?s Cookbook, which was designed to help application developers start working on the Android mobile operating system. [9]

You can host your application on IPFS. This link is useful for how you can host your decentralized application on IPFS. This link is useful for how to develop an application using truffle and how to deploy it on IPFS. [4] Truffle is just a framework for developing ethereum based decentralized application. [4]

India has looked into the blockchain technology as a possible solution to their land registry problems. [6] The blockchain technology is associated with cryptocurrencies, especially bitcoin, by most people. [10] Blockchain technology can help consumers verify what they ordered online and what they receive in the mail is what they intended to purchase. [11] As they said, the blockchain technology will help to "clear things up? in media buying. [10]

Being currently one of the most secured technologies blockchain technology will be there to address those issues. [10] Blockchain technology is anticipated to become one of the major disruptive technologies in the 21st century. [8]

In April 2018 Bloomberg reported that a few big logistics companies have already been testing a blockchain platform: "APL Ltd., owned by the world?s third-largest container line CMA CGM SA, together with Anheuser-Busch InBev NV, Accenture Plc, a European customs organization and other companies said last month that they?ve tested a blockchain-based platform. [10]

Since the blockchain can be set up so that only certain people have access to the data and one can still use the worldwide distributed network to store the data, it is perfectly suited to store sensitive data. [20] The purpose behind this is to use the blockchain to process payments internationally, without an intermediary like a bank, thereby reducing transaction costs and simultaneously increasing the speed of transfers. [20] Banks themselves are also in the process of using the blockchain to replace their manual international transactions with a simpler and more efficient system. [20] Michael Reed, Senior Director of Blockchain Solutions at Intel Corporation comments: "Intel is actively collaborating with R3 to address the privacy capabilities businesses require to accelerate blockchain adoption, using silicon-based technologies like Intel Software Guard Extensions (Intel SGX), which can help improve the privacy and security of blockchain solutions." [12] Since we already mentioned above the crypto currencies like Bitcoin, Ethereum and Co., we start with the possibilities of the blockchain in the financial world. [20] That number has escalated even further since, as Bitcoin became the market's favorite buzzword and ascended into the mainstream: In 2017, there were 97 blockchain patents filed in the U.S., as per the Financial Times (FT), which is more than all the previous years combined. [18]

A blockchain patent, like any other patent, is a set of exclusive rights issued by an official authority -- a sovereign state or intergovernmental organization -- that an inventor or assignee gets in exchange for revealing their invention to the public. [18] "You want to go into a new field like blockchain because there won't be a lot of patents, and the original stuff was open source." [18] Blockchain also poses issues for high volume transactions like shipments. [17] With a blockchain system it would be possible to make the transactions traceable and one could track exactly what the money was used for and where the money went. [20] Since the data in a blockchain cannot be changed, it can also be used for tracking individual products. [20] The winning teams were awarded on the basis of blockchain adoption, technology implementation, commercial value, creativity and product design. [14] He said that NEM blockchain will be at the forefront of this technology re. [19]

The launch of the platform is a watershed moment for business blockchain technology." [12] In IBM Blockchain 101, you'll review key concepts about developing a blockchain for business network with our Starter Plan or other methods. [15] In the latest NEM news, the Vice President of NEM Foundation, Jeff McDonald shared the future plans of the network at the recently concluded Blockchain Forum 2018. [19]

Data Integrity The hashing in the blockchain makes it almost impossible to change data. [20] Speed and storage The blockchain stores the data in the near real time range. [20]

The costs, the property and the use of everything could be distributed on the blockchain. [20] Blockchain patents are being granted, at least to some extent -- For instance, Bank of America reportedly has at least two at this point. [18] Blockchain has become a brand new target for patent trolls. [18] In December 2017, Erich Spangenberg -- an entrepreneur despised in Silicon Valley for challenging tech patents and turning a $1 million tech patents portfolio he bought in the 1990s into $150 million -- created a company called IPwe, comprised of 20 full-time employees and 'consultants.' Its goal is to "apply blockchain, artificial intelligence and predictive analytics to improve patents," as Spangenberg put it in a comment for CNBC. [18] The outcome of a blockchain patent filing is often unclear. [18]

A well-developed solution would also allow Blockchain to create a solution that could verify people's identities. [20] McDonald then dived into the features that make NEM blockchain better than Bitcoin and Ethereum blockchains. [19] Cointelegraph covers fintech, blockchain and Bitcoin bringing you the latest news and analyses on the future of money. [18]

As blockchain becomes increasingly mainstream, we believe Corda will emerge as a true market leader across the financial industry and beyond." [12] The panel of judges consisted of blockchain professionals from various backgrounds, including professors from George Washington University, Tsing Hua University and Renmin University of China, along with industry and investment experts. [14]

If you?re wondering about the potential for using blockchain in your supply chain management, you may be interested to read Shannon Vaillancourt?s new article on Forbes.com, " Blockchain: Only As Good As Its Data." [17] Blockchain can play a major role in the future, especially for the supply chain. [20]

To avoid the danger of hacking or international restrictions, blockchain could be used. [20] Digital Asset has already entered into a resounding partnership: it works with the Australian Securities Exchange on transferring stocks to blockchain. [36]

Mirror's project proposes a cloud-based blockchain service that provides small and medium sized manufactures with accounting, contracting and redemption rights of commodities, while Share Chain+ uses blockchain technology to provide traceability to e-Commerce products on vip.com, one of leading online marketplace in China. [14] With the help of Blockchain technology, the created content could be distributed and paid for as soon as you use it. [20] The possibility of processing the capital markets with the help of Blockchain technology is also interesting for large banks such as Credit Suisse and Santander Bank. [20] The bank was working under the Thailand Blockchain Community Initiative which was launched in March of 2018 to harness blockchain technology in banking. [13]

In it, Vaillancourt lays out how blockchain technology depends on clean, accurate data - which is a challenge and one of the reasons why companies turn to RateLinx. [17] Using blockchain technology enables companies to manage and distribute products quickly and smoothly, which in turn increases profitability. [16] These plugins are just a small part of the Catapult products that is set to revolutionize the blockchain technology using its layer-based architecture. [19] "The products that NEM and Catapult create is not just a step in the right direction for blockchain technology but also for mainstream public consumption. [19] Blockchain technology would allow universities, institutions or public offices to issue unalterable dimplomas and certificates that can be easily retrieved with a personal key. [20]

Since there is a lot of data that often also contains personal information, the blockchain technology is a secure means of transmitting this data. [20] The blockchain technology will make the platform 'unhackable' and elevate it to tamper-proof ecosystem status. [19] Corda Enterprise fine tunes Corda for these firms so that they can adopt blockchain technology in a way that is straightforward and natural. [12] Blockchain technology is changing the way we store and transfer information in a big way. [16] Through the Blockchain technology it would be possible to stop fraudsters and also to simplify sales transactions. [20] He also said that the central bank was looking to apply blockchain technology, and other technologies such as biometrics, in safeguarding financial information so as to reduce fraud. [13] Normally such contracts are very time- and cost-intensive, but not due to the Blockchain technology. [20]

Richard Gendal Brown, CTO at R3, comments: "Traditional permissionless blockchain platforms, in which all data is shared with all parties, have issues around privacy, scalability and interoperability that render them largely unsuited for global business. [12] Using the blockchain platform also gives the added benefit of secure access so the gift card can?t be used by anyone else. [16] Learn how the IBM Blockchain Platform simplifies your journey of developing, governing and operating a value-producing network in this in-depth overview, as well as choosing the right membership plan for your needs. [15] The Challenge is composed of a shortlist stage and a final stage, covering blockchain projects across multiple sectors including public welfare, healthcare, education, gaming, social network, transportation, product identification and copyright among others. [14] R3 is an enterprise blockchain software firm working with a broad ecosystem of more than 200 members and partners across multiple industries from both the private and public sectors to develop on Corda, its open-source blockchain platform, and Corda Enterprise, a commercial version of Corda for enterprise usage. [12] On the IBM Blockchain Platform, you?ll develop in a quick, easy-to-use local environment created to help you build your blockchain skills. [15]

It enables us to realize the potential of distributed applications in enterprise grade IT production environments. [12] Applications developed by partners such as Finastra, Gemalto, Guardtime, GuildOne, TradeIX and Tradewind Markets are now live on both Corda Enterprise and Corda, serving a rapidly growing community of end users in sectors as diverse as insurance, healthcare, shipping and financial services. [12] Its applications and services run across a common layer of identity, consensus and governance. [12] Bloomberg cites a similar timeframe and provides the example of Bank of America's application for a crypto exchange system to convert one virtual currency into another: It was submitted in 2014, published in 2015 and granted in 2017. [18] It takes about 18 months for the patent office to issue a received application. [18] Although there are no "international patents," per se, according to the Patent Cooperation Treaty (PCT) signed by 152 countries, by filing one international patent application under the PCT, applicants can simultaneously get protection for their inventions in many countries. [18] As the Wall Street Journal writes, the patent office "publishes applications up to 18 months after they are filed and can take years to examine an application to decide whether to grant patent protection." [18] While there's little information on the exact amount of denied applications, it is worth noting that in 2014, the U.S. Supreme Court ruled that software apps dealing with abstract and non-inventive ideas can't be patented under existing law, mainly due to the patent troll-induced fiasco mentioned above. [18]

This platform helps companies save selected IoT data to a private blockchain, which is used to share the protected data among all business partners involved. [22] While this used to mean purchasing a CRM or CMS platform, hiring new employees, or contracting with yet another service provider, blockchain provides an alternative solution via smart contracts. [23] This solution would allow companies to automatically report about their manufacturing activities: which machines are being used, what materials they are working with, raw material inventory levels, whether the work is being completed on time, etc. Because these updates are automated, users can be certain the information is accurate; and because it's being done through the blockchain, which allows event logs to be traced to their source, there is accountability. [22] For companies that handle a lot of personal data, the blockchain allows them to provide the same services without exposing their most sensitive personal financial or identifying information. [23] North Carolina State University has proposed the creation of a public, open-source network that uses blockchain to share verifiable manufacturing data. [22] Bringing together key industry leaders, government, and media to learn about blockchain, its uses and drive adoptability, this is the one event for business leaders to learn about the blockchain and how it will impact their businesses. [21] Blockchain is the latest technology touted as "the next great disruptor" to the business and commerce landscape. [22] Blockchain handles the payments and contracts ? The technology genie has escaped from the bottle." [37] Erik Asgeirsson, President and CEO, CPA.com, The Technology Subsidiary of The American Institute of CPAS Erik Asgeirsson, President & CEO, CPA.com, The Technology Subsidiary of The American Institute of CPAS reasons why the AICPA and CPA.com have joined forces with the Wall Street Blockchain Alliance to define the impact of the technology on accounting. [38] The major reason for this development might be the technical and cultural challenges, but for the future, all experts agree that those problems are solvable and that blockchain will become a key technology to transform many industries, including manufacturing. [22] Their assessment of blockchain is in the first two levels of maturity known as "Technology Triggers" and "Peak of Inflated Expectations." [22]

How does this apply to small enterprises? While blockchain originates in the world of financial transactions, more generally, it gives Internet users the ability to authenticate digital information. [23] The information within those ledgers are referred to as blocks (business transactions), hence, blockchain. [22] Blockchain is comparable to an incorruptible public ledger of economic transactions. [23] Blockchain is a decentralized, tamper-resistant and indestructible public digital ledger to record transactions. [24] Blockchain evolution of leading rendering firm OTOY crowdsources GPU power for quicker, scalable, and more efficient creation of graphics for movies, video games, augmented reality, and more LOS ANGELES, July 12, 2018 Built on the mission of accelerating an immersive, virtual future, pioneer in blockchain-based rendering, RNDR, has officially launched Phase II of its platform to the public. [39] In another example, IBM has brought to market, via their Watson IoT platform, a way in which small and medium-sized businesses can benefit from IoT investments utilizing blockchain. [22] Consumer products and manufacturing companies lead the way, with 38% having filed patents -- this suggests that industry could be on the threshold of a period of significant blockchain innovation. [22] The larger companies are the main drivers with the likes of General Motors, Hewlett Packard, Johnson & Johnson, Tata Motors and Walmart setting a goal to run their entire operations using green energy -- the same demand that will also thrust forward blockchain technologies. [37] Change will come in small increments thanks to so-called blockchain technologies -- the ability to conduct "peer-to-peer" transactions and to eliminate the middlemen, or the ones who scoop up a notable percentage of the sale. [37] These are contracts that are 'programmed" into the blockchain that cause certain transaction to react to certain situations. [22] They use blockchain to create, check and enforce contracts between users, in this case, a small firm's merchants, clients and customers. [23] The most common use of blockchain today is for the variety of crypto-currencies in circulation around the world, including Bitcoin. [22] One company, Factom Iris, is attempting to use blockchain technologies to address this issue. [22] One of the most common examples of how blockchain is being used in the supply chain can be found in the ocean line and transportation company, Maersk. [22] In current pilot tests, energy blockchains are being used for peer-to-peer sales of electricity itself as well as for "renewable energy credits." [37]

Blockchain is receiving more and more attention from not only the business media, but also from forward-looking companies attempting to continue their push towards process efficiency, timeliness, and cost reduction. [22] Blockchain puts all the power with individual "prosumers," he says, which gives newfound leverage to those who want a faster and more empowering way to do business. [37]

Blockchain is a distributed ledger that operates on a peer to peer network. [22] There is a lot of hype around blockchain and distributed ledger systems. [40]

Eric Piscini, Principal Global Blockchain Leader, Deloitte Eric Piscini, Principal Global Blockchain Leader, Deloitte- explains how blockchain provides the ability to perform peer-to-peer, real-time, immutable & trusted transactions without the requirement of a third party. [38] Zach Fallon, a former SEC lawyer, Principal at blockchain law firm Blakemore Fallon & Co-founder of Ketsal Consulting, reflects on how far the industry has come in the past year. [39] The potential of blockchain is beyond argument for the manufacturing and machine tool industry. [22] The ICO & BLOCKCHAIN SOLUTIONS EXHIBITION will also feature the latest ICOs and their unique offerings, giving interested investors an avenue to pick rising stars in the ICO marketplace. [21] Maersk deployed a blockchain solution to track containers during the shipping process. [22]

There is some confusion between Bitcoin (or other crypto-currencies) and blockchain. [22] Twenty-one percent of organizations have filed for blockchain patents. [22] The Government of Catalonia has revealed a plan for blockchain tech implementation in its public administrative activity, according to the official press release 24 July 2018. [39] Through the blockchain, all organizations in the supply chain have access to the information that is relevant for them, and they can act on it. [22]

Built on IBM's Blockchain Platform and its Hyperledger Fabric technology, we.trade was established by Deutsche Bank, HSBC, KBC, Natixis, Nordea, Rabobank, Santander, SociGale and UniCredit, in a bid to boost the efficiency of cross-border financial transactions. [39] The news broke that a group of European banks has completed the first live blockchain-based financial trades across borders via their jointly developed we.trade blockchain platform. [39]

Since it?s impossible to predict how quickly the public will accept (or reject) new technologies, it can be difficult for an SMB to calculate the financial risks involved in adopting blockchain technology. [23] Blockchain technology will be promoted "with the aim of improving digital services to the public and promoting the potential of this technology between the Administration, companies and the citizen." [39] According to the press release, Catalonia?s Department of Digital Policies must develop a plan for incorporating blockchain technology in all areas of the public administration?s activities by the end of December 2018. [39]

The presenters used a debate-style format to discuss a case study of when blockchain technology may not be the best solution for a specific platform. [40] Several industries have begun to look at how blockchain technology can be used to transform their business processes and transaction processing. [22] Many people refer to blockchain technology as the "network of trust" because blockchain users can only update the "block" (transaction record) to which they have access. [22] Blockchain technology, however, will record, certify and clear the entire transaction: who produced the power, by what method and to whom it was sold, and for how much. [37] Auditability - - While one of the benefits and potential drivers of blockchain technology should be an ease in auditing as the transactions on the blockchain are immutable. [22]

Blockchain technology will not become mainstream unless there are more business use cases driving adoptability. [21] Smart Contracts - - Another feature of blockchain technology is the use of Smart Contracts. [22] A variety of use cases of blockchain technology in the industry have been identified. [22] Besides the financial services sector, the manufacturing industry has begun to test proof-of-concept cases utilizing blockchain technology. [22]

Said more succinctly, this technology is in the earliest stages, and while conceptually it has promising applications, there will certainly be far more ideas that end up being like "mypetrock.com" instead of Facebook or Google. [22] Future applications will include other players like shippers, freight forwarders, ocean carriers, ports, and customs authorities. [22]

Clean Energy Blockchain Network and Australia?s Power Ledger are using such software to enable four buildings at Northwestern University to shift their excess solar power between and amongst each other. [37] This one-day bootcamp is designed especially for software developers, tech experts and Blockchain enthusiasts who wish to get a quick deep dive into coding in the Blockchain platform Ethereum. [21] The Wall Street Journal/CIO Journal reported in a January 30, 2017 article that 30% of manufacturers/consumer goods companies have blockchain projects underway and another 28% had them planned for this year (companies over $500 million in revenue). [22]

RANKED SELECTED SOURCES(40 source documents arranged by frequency of occurrence in the above report)

1. (50) Blockchain - Decentralized Applications with Azure Blockchain as a Service

2. (33) Blockchain Applications in Manufacturing | Blue & Co., LLC

3. (30) The ins and outs of testing blockchain apps - JAXenter

4. (22) The Supply Side: Blockchain holds potential for retail applications - Talk Business & Politics

5. (22) 4 Real World Blockchain Applications | Unlock Blockchain

6. (20) Blockchain - Possibilities, applications and use cases for the distributed ledger technology | MoreThanDigital

7. (15) Is Blockchain About to Become a Patent War Battleground?

8. (14) 4 Uncommon Blockchain Applications - ASD team

9. (11) r3.com Blog Archive R3 launches Corda Enterprise with unique Blockchain Application Firewall for businesses

10. (11) Create Ethereum & Blockchain Applications Using Solidity | Udemy

11. (9) Google Turns to Cloud-Based Platform for Blockchain Applications | NewsBTC

12. (8) go ethereum - How to host a blockchain application? - Ethereum Stack Exchange

13. (7) NEM (XEM) prepares to unleash the latest blockchain applications: NEM trading volume falls by 25.25%

14. (7) Blockchain Applications for the Small Enterprise | Kinetic IT Solutions

15. (7) No Industry Immune To Blockchain Technology, Not Even The Electricity World

16. (7) blockchain applications Bit-Media

17. (7) Thailands Central Bank is Reviewing Several Blockchain Applications Including Cross-Border Payments

18. (7) Blockchain Applications and Smart Contracts | Live Training

19. (6) Thailands Central Bank Considers Reviewing Blockchain Applications

20. (6) Xunlei and Onething Technologies Announced Winners of Blockchain Applications Global Challenge

21. (6) Getting Started with Blockchain - IBM Blockchain

22. (5) 7 Blockchain Application Ideas That Could Help Your Small Business | CryptoCompare.com

23. (5) BLOCKCHAIN APPLICATIONS AND ECONOMICS INDONESIA FORUM Tickets, Tue, Oct 9, 2018 at 8:30 AM | Eventbrite

24. (4) Blockchain Supply Chain Applications RateLinx

25. (4) Blockchain Platform for Creating Large Consumer Applications Aims at Exchange | NewsBTC

26. (4) Bringing IoT and Blockchain Applications Together to Avoid Human Error | Bitcoin Magazine

27. (3) The 2018 Special Session on Blockchain and its Applications (BlockChain 2018)

28. (3) Blockchain: Technology & Applications | SEMICON West

29. (2) Beyond Bitcoin: As Blockchain Adoption Accelerates, A Need to Manage Energy and Climate Emerges by Sam Hartnett Energy Web Foundation

30. (2) Autonomous Blockchain Cloud Service | Oracle Cloud

31. (2) Blockchain Technology Solutions for Enterprises | CIO Applications

32. (2) Blockchain Technology for RECs, Tracking Systems, and Other Energy Market Applications - Clean Energy Group

33. (1) The Digital Insurer CHAINGANG Webinar: Blockchain applications for Insurance - The Digital Insurer

34. (1) Is it too early to build a consumer facing blockchain application? - Quora

35. (1) Applications of Blockchain Technology - Bitcoin Of America

36. (1) Top 25 Blockchain by CIO Applications Magazine | CTK Token Sale

37. (1) Blockchain-powered telemedicine application debuts in U.K.

38. (1) BRICS Bank Consortium to Research Blockchain Applications - CoinDesk

39. (1) Practical applications of Blockchain technology - Blockchain News

40. (1) Google Cloud Joins Digital Asset to Assist Solutions Architects Code Blockchain Applications - CoinSpeaker

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