Financial Industry Cannot Use DApps Without the Open Blockchain
Decentralized apps are becoming the new norm in the world of blockchain technology. The benefits offered by DApps attract a lot of attention, and it seems as if the future role of this technology in the payment sector is only a matter of time. Also read: Here’s Why Your House is ‘Much More Valuable’ on the Blockchain What makes DApps so appealing to....
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If 2016 was the year of the Blockchain POC, 2017 will be the year of the Blockchain application. In 2016, analyst firms and industry bodies such as the World Economic Forum (WEF) laid out the top use cases to tackle. According to 2017, work from industry leaders like ConsenSys, a custom software consultancy led by Ethereum founder Joe Lubin, indicates that 2017 will be the year of the Blockchain application. In order to accelerate the development of Blockchain applications, ConsenSys joined forces with Synechron, a global digital consulting firm working with financial institutions, to....
Major Spanish energy company Endesa has revealed plans to open a blockchain laboratory in an effort to encourage development of blockchain-based solutions for the energy industry. Endesa, the largest power utility in Spain, has joined the growing number of companies across various industries looking to leverage blockchain technology for industry-specific applications. The electricity provider, through its open collaborative platform Endesa Energy Challenges, has issued an open call for applications from any interested participant looking to develop distributed ledger solutions, to become a....
Though the crypto 2.0 segment of the bitcoin community is maturing, the part of the industry principally concerned with non-financial or advanced blockchain applications has struggled to develop a stable marketplace for its projects. In the absence of strong VC interest, or perhaps in the spirit of pushing the boundaries of innovation, many decentralized applications (DApps) are seeking to fund themselves through what may arguably be the blockchain's most compelling use beyond currency, decentralized product backing in the vein of Kickstarter. DApps seek to harness the ability of....
The Ethereum blockchain and ecosystem are getting a lot of attention from investors and developers these days, as everyone wants to be a part of what could be the next big thing. DAPPs, or decentralized applications, are some of the most intriguing concepts of what the Ethereum blockchain is capable of right now. One such DAPP is called Community....