industryterm:ledger technology

Commercial Real Estate (CRE) #tokenization — What You Need To Know
▻https://hackernoon.com/commercial-real-estate-cre-tokenization-what-you-need-to-know-1c13f3d197

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Commercial Real Estate (CRE) Tokenization — What You Need To KnowThe blockchain is an immutable distributed ledger technology in which transaction data is recorded. Its benefits include transparency, traceability, accessibility, enhanced security, cost reduction of processes, and irrevocable documentation of the processes. More details on Blockchain applications can be found here.The ability of Blockchain-based processes in executing transactions without an intermediary or a clearinghouse very much suits a private market like real estate. The distributed ledger holds a history of a transaction, a property, an asset, or a title; it develops a digital secure identifier for a proposed transaction; and it offers an ability to transfer funds in new ways, for example using a digital encrypted (...)

#cre-token #cre-tokenization #security-token #commercial-real-estate

A clarification on the perpetual discussion of #bitcoin’s timestamp
▻https://hackernoon.com/a-clarification-on-the-perpetual-discussion-of-bitcoins-timestamp-559785

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source: ▻https://www.pexels.com/photo/brown-hourglass-on-brown-wooden-table-1178684/What is it about?Time stamping is just one convenient way of ordering transactions in traditional consensus systems. When running a banking business, the bank wants to know, which transaction came first and which came after. Some kind of ordering is needed, whether it is a timestamp or simply an incremented number. Yet, in distributed ledger technology (DLT) and its new kind of consensus mechanisms it is quite different and challenging on how to deal with ordering. It is not sufficient to rely on NTP (Network Time Protocol) servers, atomic clocks and similar time services, since it brings in the centralised flavour and introduces single points of failures.When Bitcoin — as the most prominent example of (...)

#blockchain #bitcoin-timestamp

Artist VESA Explains How #blockchain Technology Inspires His Crypto-Themed Artwork
▻https://hackernoon.com/artist-vesa-explains-how-blockchain-technology-inspires-his-crypto-theme

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While blockchain is best known as a distributed ledger technology (DLT), its impact on the billion-dollar #art market was evident during the recent Art Basel Miami Beach event, which showcased nearly a dozen different panels on art and blockchain.Various artists also had their works on display during Art Basel Miami Beach, demonstrating that blockchain technology has sparked an entire crypto-themed art movement.I had the pleasure of interviewing artist, performer and speaker, VESA, who founded ArtForCrypto.com in 2017, which is now rapidly establishing new creative standards in the blockchain art space.When did you start creating artwork inspired by the crypto and blockchain space? What triggered this?Perhaps it’s best to start with why I create art in the first place, as it all ties (...)

#crypto-artwork #bitcoin #crypto-themed-artwork

11 #blockchain Projects Flaunting High-Profile Partnerships & Collaborations
▻https://hackernoon.com/11-blockchain-projects-flaunting-high-profile-partnerships-collaboration

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1) HyperLedgerHyperLedger is an open source collaborative effort between enterprise institutions and corporations to support the development of blockchain technology, to date Hyperledger has over 250 members including Accenture, Deloitte, Fujitsu, Hitachi, Huawei, Intel, IBM, Moscow Exchange, SAP, Samsung SDS, Xiaomi, Cisco, and more. HyperLedger’s goal is to form a consortium with the intention of supporting the development of enterprise-grade and cross-industry platforms to utilize open distributed ledger technology. Hyperledger can be thought of as an umbrella project that intends to supply the necessary framework, standards, and support necessary to build open sourced blockchains that become widely adopted.2) EthereumEthereum is a decentralized project backed by a consortium known (...)

#blockchain-technology #bitcoin #ethereum #cryptocurrency

Why #blockchain Might not be the Perfect Technology for the #music Industry
▻https://hackernoon.com/why-blockchain-might-not-be-the-perfect-technology-for-the-music-industr

Music is great, we all love it. So why don’t we want the best for the artists we spend so much time listening to? Sure, we may feel that we’re supporting them when we listen to the “Shape of You” on repeat through Spotify, but consider the fact that each play earns Ed Sheeran only a fraction of a fraction of a dollar. Many people tend to believe that the blockchain is the solution, but the technology fueling the majority of cryptocurrencies may be too slow and the transaction fees may be too heavy for the music industry, which begs the question: What type of distributed ledger technology could be the key to a music industry makeover?Compact discs (and how far we haven’t come)CDs changed the face of music by making it more accessible than ever before, and streaming did the same thing a (...)

#musicblockchain #bitcoin #education

Questioning #blockchain: Tracing the Future Promises and Possibilities
▻https://hackernoon.com/questioning-blockchain-tracing-the-future-promises-and-possibilities-f6b

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image source: techulator.comBlockchain in spite of its vast promises is not failing to be commented upon in negative spirit. While many of the traditional and old-school business leaders still seem to be unimpressed about the promise of the technology it is time to evaluate the technology in the light of their naysaying.If the volatility of Bitcoin is the reason behind all the disbelief in Blockchain, it is time to dissociate the real potential of Blockchain and showcase its real-life values independent of bitcoin and cryptocurrencies. The promise of the powerful distributed ledger technology of Blockchain cannot be undermined just because of the market instability of bitcoin and other cryptocurrencies.Let’s start questioning Blockchain technology to evaluate its actual potential.Is (...)

#blockchain-promises #blockchain-possibilities #blockchain-technology #questioning-blockchain

Why smart contracts still need human logic
▻https://hackernoon.com/why-smart-contracts-still-need-human-logic-e4c07885e26a?source=rss----3a

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Smart contracts automate the execution of simple agreements, but what happens when mistakes in code are made and transactions need to be altered or reversed? Smart Laws introduce human logic to situations, pairing current legislation with distributed ledger technology so that justice can be done and data returned to their rightful owners.The advantages of distributed ledger technology are clear to see: immutable nature, increased security and elimination of intermediaries. The ways to realise these advantages are also pretty evident: via a special cryptographic algorithm and decentralisation. So if we do the maths and add smart contracts to #blockchain, we have the ideal tool which guarantees trust between parties without having to use intermediaries.But, somehow, it doesn’t work like (...)

#automate-agreements #human-logic #smart-contracts #human-agreements

Why It’s Not Too Late to Invest in #cryptocurrency
▻https://hackernoon.com/why-i-invest-in-cryptocurrency-76612807458e?source=rss----3a8144eabfe3--

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When I started #investing in cryptocurrency- I was drawn in by the fact that it’s practically unchartered territory.Selfishly, I am driven by legacy.What can I leave behind?Ralph Nelson Elliot created an analytical framework for predicting price movement (Elliot Wave Principle) in 1930, and no one has come up with a better tool for predicting price action since (in my opinion).I want that.I see cryptocurrency and distributed ledger technology (DLT) as my best chance at creating that.Even if I didn’t think that projects like Ethereum could be world changing, or that blockchain technology has the potential to globally disrupt financial systems and the distribution of wealth. I would still be drawn to this market.I’m extremely competitive, starting a job in a field like advertising or banking (...)

#cryptocurrency-investment #crypto #bitcoin

An extensive introduction to #blockchain in just 2 minutes.
▻https://hackernoon.com/an-extensive-introduction-to-blockchain-in-just-2-minutes-db13ac854826?s

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Photo by Saffu on UnsplashWhat is blockchain?Blocks are based on Merkle tree data structure (hash trees), with a large number of distributed nodes collaborating to form a chain. Block-chain combined forms a distributed ledger technology which promises transparency and low-cost transactions rates. Blockchain technology enables transactions to cost way lesser than generic bank wires, with cheaper transaction costs it also makes sure no one party can erase or modify data stored on the ledger.Blockchain has been all over the news since past two years for one of its greatest implementation, bitcoin, surpassing market capitalization of VISA overnight. But, Bitcoin is just a basic application of Blockchain, virtually, Blockchain has the means to redefine today’s #internet.Who is behind (...)

#blockchain-in-two-minutes #blockchain-intro #blockchain-introduction

Beyond cryptocurrencies: E-commerce value chain and the #blockchain (Part Two)
▻https://hackernoon.com/beyond-cryptocurrencies-e-commerce-value-chain-and-the-blockchain-part-t

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When we dig deeper into blockchain technology, we find that there are several solutions out there competing to become the standard. Not all blockchains do the same things, and they share some common problems, like scalability and interoperability. But we can also say that there are several common features to the technology that everybody agrees are fundamental for any blockchain (aka ‘distributed ledger technology’ (DLT), or a shared database stored on multiple devices at the same time):Distributed ledgers store information and transactions in digital ‘blocks’, each with a unique ID that cannot be altered retrospectively without also altering all subsequent blocks — something that is almost impossible. This feature of the blockchain brings one of its most significant advantages: immutability. (...)

#beyond-cryptocurrencies #ecommerce-value-chain #ecommerce-blockchain #ecommerce

An Overview of #hashgraph
▻https://hackernoon.com/an-overview-of-hashgraph-b0900a1fd7bf?source=rss----3a8144eabfe3---4

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An Overview Of HashgraphSimple Overview of the Hashgraph ProtocolA distributed ledger technology (DLT) is a system where we share information and we don’t trust each other individually, but we trust the group as a whole. DLTs allow us to come up with a consensus on the order of transactions and timestamps.Introducing HashgraphHashgraph was developed by Swirlds. The cofounder and CTO of Swirlds is Leemon Baird, who obtained his bachelor’s degree at the U.S. Air Force Academy and obtained a PhD in computer science at Carnegie Mellon University.Hashgraph is a DLT. However, hashgraph is not a #blockchain in the sense that it’s not built on a chain of blocks. Hashgraph would be best characterized as a DAG — Directed Acyclic Graph.Other DLT solutions might be secure, but they’re not particularly (...)

#security #hashgraph-overview #distributed-ledgers