Category: Blockchain and Identity
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In July, 2019, the World Economic Forum and Accenture released Building Value with Blockchain Technology, a white paper aimed at helping organizations evaluate blockchain’s benefits and build an effective business case. The white paper is based on a global survey of 550 individuals across 13 industries, including automotive, banking, and retail; interviews with CEOs and…
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“Blockchain matters because no business operates in isolation,” says Blockchain for Business, a recently published book by Jai Arun, Jerry Cuomo, and Nitin Gaur. “Multiple institutions can achieve more together than any single institution can alone. By implementing business processes that leverage the collective knowledge of the group, processes can be orders of magnitude more…
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Identity plays a major role in our everyday life. It’s the key that determines the particular transactions in which we can rightfully participate as well as the information we’re entitled to access. Think about going to an office, getting on a plane, logging on to a website or making an online purchase. We generally don’t…
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A few weeks ago I attended two back-to-back blockchain events in Toronto, – the Blockchain Research Institute All-Member Summit followed by the inaugural Blockchain Revolution Global conference. Both events included a number of excellent talks and panels. One of the presentations I particularly enjoyed was Scaling Blockchain for the Enterprise: Emerging Business Models, by IBM’s…
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A number of recent studies have taken a close look at the the future of work over the next 10 to 15 years. For example, a December, 2017 report by McKinsey examined which jobs will likely be displaced by automation through 2030, as well as which jobs are likely to be created over the same…
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Blockchain was created around a decade ago as the public, distributed ledger for the Bitcoin cryptocurrency. Most everyone agrees that it’s a truly brilliant architecture, built on decades-old fundamental research in cryptography, distributed data, distributed computing, game theory and other advanced technologies. When it first came to light, blockchain had no broader goals beyond supporting…
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A recent issue of The Economist included a special report on cryptocurrencies and blockchains. The Economist’s overall conclusion was that “Bitcoin has been a failure as a means of payment, but thrilling for speculators.” Its assessment of blockchain was somewhat more positive. “For blockchains, the jury is still out,… For all the technology’s potential, though,…
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In mid-September, the World Economic Forum (WEF) released Building Block(chain)s for a Better Planet, a report that examined how blockchain technologies could be harnessed to address serious environmental issues, better manage our shared global environment and help drive sustainable growth and value creation. The report outlines some of the world’s most-pressing environmental challenges and highlights…
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Bitcoin was created about a decade ago, with the release of the original design paper, Bitcoin: A Peer-to-Peer Electronic Cash System, under the pen name of Satoshi Nakamoto. Bitcoin aimed to become a decentralized cryptocurrency and digital payment system that would enable the secure exchange of digital money without the need for central government authorities…
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I recently read Better Identity in America, a report by the Better Identity Coalition, an organization launched earlier this year to focus on promoting the development and adoption of solutions for identity verification and authentication. The report outlines a policy agenda for improving the privacy and security of digital systems and help combat identity fraud.…
