Category: Blockchain

Is Blockchain Technology Secure for Your Company’s Transactions? | Sherpas in Blue Shirts

Blockchain technology is hard to ignore as practically everybody’s talking about it. That’s understandable because it’s predicted to disrupt the value flows that underpin business transactions and economies as well as create new business models. It has enormous power to solve business problems. But is a blockchain “distributed ledger” secure?

Blockchain is still in its infancy, so company leaders are naturally concerned about whether it can be manipulated. Organizations worldwide are seeking to take advantage of the new opportunities and disruptive power of blockchain — organizations that understand the magnitude of potential security issues. It has been rigorously tested in pilots and at scale by many governments, institutions and companies that have found the technology is incredibly secure.

Read more at Peter’s CIO.com blog

How Blockchain Technology Applies to Your Company | Sherpas in Blue Shirts

Blockchain technology is a red-hot topic in the news these days and in many C-suite discussions. It has wide applicability to many industries and most companies. Like any emerging technology, companies that aren’t first movers tend to look for proven use cases and often wait for the technology to mature. But that may not be your best strategy with blockchain. Adoption has accelerated, and new use cases occur almost daily showing blockchain’s potential for revolutionizing a business as well as creating new markets. I believe every organization needs to consider how it might apply to their business. Let’s look at what the technology is and several examples of how your company could benefit from it.

What is blockchain?

Blockchain is a decentralized digital distributed ledger shared by a peer-to-peer network of computers. It’s a mechanism that brings efficiencies, transparency, security, auditability and trust into shared business processes at a very broad level. The business process could be internal to an organization, or it could be among different external parties. The transactions are verified and recorded in the ledger almost instantly.

Read more at Peters CIO.com blog

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