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The Baseline Protocol has successfully executed a proof-of-concept in which multiple companies privately and securely synchronized data and managed purchase orders on top of the Ethereum (ETH) mainnet.The concept demonstrates how enterprises can use the protocol to securely collaborate in executing business processes over Ethereum without exposing valuable proprietary data.Baseline
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Top ShelfIt seems like enterprise blockchain is between finding its “killer app” and being killed.“Everyone had a killer app three years ago. That was the state of blockchain business,” Shyam Nagarajan, a director at IBM, said during a marathon session at Consensus: Distributed. “People have wisened up since then.”There are a
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Enterprise blockchain isn’t dead, but survival has meant more collaboration and some smart pivots. That was the prevailing sentiment in the enterprise-focused corners of this week’s Consensus: Distributed conference. Back in 2015, a large amount of hype was generated as whole industries, starting with finance, began espousing the technology behind bitcoin, which
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A new study from Fortune Business Insights, a company offering market studies and consulting services, estimates the blockchain technology market will reach $21 Billion by 2025, according to GlobeNewswire’s report on May 12. It stated that: “The blockchain technology market size stood at USD 1.64 billion in 2017, and is projected to
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Iran has issued a bitcoin mining license to Iminer, a Turkish-based company. Iminer will operate up to 6,000 rigs, with a computing power of 96,000 terahash per second (TH/s) in total.According to media reports, the miner has spent $7.3 million setting up the mining facility, located in Iran’s
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Located in San Francisco’s Presidio Heights neighborhood, the Linux Foundation’s office is nestled in a square of red-roofed buildings that resemble homes rather than technology work spaces. Inside the Linux Foundation’s office sits Brian Behlendorf, the executive director of Hyperledger.Behlendorf, who has been a leading figure in the open-source software
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Over the past few years, Blockchain technology integration has increased within a wide number of industries. As such, there are now hundreds of diverse blockchain networks in operation all over the world. For the most part, however, most of these Blockchains are not able to communicate with each other
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The “Tech against Corona” Initiative of Dutch tech companies including TYMLEZ offers free support in the fight against the coronavirus (COVID-19). To this end, an online meeting took place on Wednesday 25 March between various tech companies and civil servants, including MPs. The purpose of this meeting was to discuss
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Global taxation and transaction advisory firm EY have announced the launch of their open-source Baseline protocol. Baseline comprises a smart contract and tokenization platform built for enterprises on top of the Ethereum blockchain. Baseline was founded by EY in partnership with Microsoft and ConsenSys, and was developed in collaboration with
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Ant Financial, the financial affiliate of Chinese e-commerce giant Alibaba, is reportedly launching its enterprise-focused “Ant Blockchain Open Alliance” platform this month.Local news agency Bihai123 reported on Jan. 8 that Ant Financial Group vice president Jiang Guofei, who is also president of Ant’s smart technology business group, revealed that
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