The Blockchain technology was launched through the paper titled Bitcoin, by, Satoshi Nakamoto, in 2008, as an amalgamation of public key cryptography, cryptographic hash functions, and proof-of-work consensus protocol. Technically, Blockchain is a digital ledger of records that are gathered in clumps of data called blocks and these blocks are connected with other blocks, eventually forming a chain - a Blockchain. Continue Reading “How to build an Effective Blockchain Solution?”
As the era of artificial intelligence and automation is around the corner, security has become one of the major concerns for the major businesses. And when we talk about security, the one technology which is gaining huge acceptance is Blockchain Technology.
Blockchain, the underlying technology behind Bitcoin has established itself to be beneficial for plethora of industries. To start with, it has revolutionized payments and settlements in the financial domain. Following that, it is impacting other areas of finance like lending, wealth management and insurance. Out of this, Supply Chain financing forms an interesting use case as it is part of Supply Chain Management (SCM) which itself is undergoing major disruption. Continue Reading “Blockchain Disrupting Supply Chain Finance”