Blockchain has huge potential, but it seems no one knows what for yet. There are positive legal applications, security applications, insurance applications as examples, but few have seemed to apply the technology in a live environment.
I am very conscious about understanding climate change. Reading articles about the impact of technology on climate change is hugely interesting to me. Unfortunately, I came across a study which stresses the environmental impact of Bitcoin which I thought it best to share.
Is the use of innovative technology going too far? For over two centuries new technology has been introduced in the business world and workers have had to adapt their positions to accommodate the change. Now that change means Robotic Process Automation (RPA).
A closer look at the technology that is rapidly growing in popularity
You would have to work hard to ignore Brexit in the media. The most recent updates are everywhere projecting daily doom and gloom for the British public to enjoy. Are businesses prepared for Brexit in March 2019? More pressingly, can we prepare for Brexit?
Global businesses are moving from blockchain research to applying the technology to current business challenges. Many believe that this change will be taking place in the next 12 months. Linda Pawczuk, a principal with Deloitte Consulting, commented business ambition was shifting from “a focus on blockchain tourism and exploring the technology’s potential, to building practical applications”.
When people think of blockchain, cryptocurrencies such as Bitcoin are probably the first thought that springs to mind. Where blockchain, with Bitcoin, has caused disruption in the financial sector, blockchain has the power to disrupt and solve problems in multiple other sectors, such as Marketing & Advertising. Transparency, trust and battling counterfeiters.