The Top Advantages Of Blockchain For Businesses

Posted Leave a commentPosted in Blockchain, blockchain technology, business, SmartData Collective Exclusive

Many people associate blockchain with the cryptocurrency Bitcoin. Yes, it is true that it was the success of Bitcoin that gave the world insight into the blockchain technology. But Bitcoin is just one example of blockchain application. Many other sectors can immensely benefit from the blockchain technology. Businesses, in particular, could take advantage of this […]

Will Finance Finally Come Around To Blockchain In 2019?

Posted Leave a commentPosted in accounting, banks, bitcoin, Blockchain, blockchain technology, finance and big data, financial industry, SmartData Collective Exclusive, stocks

The finance industry shouldn’t just be excited about blockchain, it should be fervently employing this technology each day. After all, any industry that relies on the integrity of big data must be ecstatic about a technology that, by virtue of structure, ensures data integrity. Trust is hard to come by in finance. Blockchain eliminates the […]

Exploring New Opportunities With Blockchain And Insurance

Posted Leave a commentPosted in Blockchain, blockchain technology, insurance industry

Blockchain is a disruptive technology carrying the potential to revolutionize the insurance industry. This technology can significantly change the way insurance company collects or records people’s data, processes claims and prevents fraud. The amalgamation of blockchain and insurance is in the nascent stage of exploration and implementation, but the opportunities are limitless. Blockchain: A Transformative […]

What Does The Rise of Blockchain Technology Mean For Big Data?

Posted Leave a commentPosted in Big Data, Blockchain, blockchain and big data, blockchain technology, cryptocurrency applications, data access, Data Management, Data Quality, data security, data sets, Privacy, rise of blockchain technology, Security, SmartData Collective Exclusive

In 2008, an unknown author going by the name of Satoshi Nakamoto proposed a peer-to-peer electronic cash system called Bitcoin. The following year, the cryptocurrency that would change how we think about money was launched, using the benefits of a decentralized platform that made digital trust possible: Blockchain. Fast forward ten years and it seems […]

4 Ways Blockchain is Revolutionizing Business Processes

Posted Leave a commentPosted in Blockchain, blockchain in businesses, blockchain in fintech, blockchain technology, Data Management, Fintech, Marketing, SmartData Collective Exclusive

Blockchain technology was introduced with Bitcoin, the digital currency. A blockchain is an unbroken log of transactions, each one considered a “block” of information. It’s maintained and shared over a network of distributed computers, but the data is encrypted for security. But the blockchain concept is rapidly expanding beyond the cryptocurrency universe. Here’s how other […]