The possibilities of blockchain are growing daily. It seems as-fast-as humans can fathom one new use, another joins the party.

Blockchain was originally designed for Bitcoin to be an incorruptible digital ledger, programmed to record financial transactions. As recently as 2015, The World Bank estimated that in the US alone, people transferred $430 billion.

With blockchain technology, middlemen are being cut out of the picture while security is significantly increased. Finance was one of the first use cases of blockchain technology but that is rapidly changing.

Today there are hundreds of cryptocurrency coins available and just as many uses, w...

The reason blockchain is so powerful is that it is public. Everyone can access it at any time because it resides on the Internet.

Further, blockchain assets are distributed across a vast, global ledger.

When a transaction happens, it posts around the globe on millions of computers at once. That vast and far-flung record—which is time stamped every 10 minutes, produces a new block.

For accounting purposes, each block produced captures all of the transactions regarding a good or service that have taken place up to that moment of time.

You now begin the next block in the chain.

The Hashing Process

The chain of blocks is formed by hashes. All of the...

Some of the big investor types are feeling the need to comment on the recent rise of Bitcoin. Billionaire investor Warren Buffett is one.

“Bitcoin is bubble territory,” he claims of the market for this leading virtual currency. He has also issued a criticism of proposals for applying a value to the cryptocurrency.

Based on a report by MarketWatch, Buffett presented his views on Bitcoin and the cryptocurrency market during an annual question-and-answer session in Omaha, Nebraska in early October 2017. During his remarks, Buffett claimed that Bitcoin is a “real bubble.”

"People get excited from big price movements, and Wall Street accommodates....

We at Lantah spend much time reviewing the cryptocurrency landscape, regulatory environment, and cryptocoin valuations. We read articles explaining supply and demand, and feel the energy around coins and their skyrocketing market values.

That energy has spurred us to share our perspective on coin valuation--by way of analogy.

As kids, we joined our friends collecting baseball cards or hard-to-find toys. Tales of old collections fetching huge prices at auction drove us forward as we tried to understand supply and demand and how to make “investment decisions.”

The lesson we’ve taken from these earlier moments of life is this--sometimes investme...

Last Saturday, the CoinTelegraph reported on the Air France KLM / Blockchain initiative. The global air transport company is considering using the Blockchain to track its maintenance and repair. This will elevate “the airline’s ability to maintain its in-service airplanes in tip-top condition.”

How is this going to work?

James Kornberg, Air France KLM business unit director of innovation, said his team is studying a clear business case for blockchain use to enhance maintenance processes and workflows.

Kornberg cautions airlines to digitize their data before making the leap to the blockchain.

Here's what's better about blockchain...

Blockchain a...

In this article, the focus is on types of wallets and how they work. Everyone is different and so you need to pick a wallet, even wallets that fit with your lifestyle.

You will need to consider how you use a wallet. Some of your currencies might be spent for everyday items and services: shopping, yoga class, and even perhaps paying certain types of bills.
 

1. Desktop Wallet

This type of wallet is a free download. On the PRO side of the argument, this wallet is secure because it's only accessible on a single device—the computer where you have the download. It is also a cold wallet, so your actual wallet does not connect to the Internet.

On the...

President Trump’s recent commitment to blockchain and its ability to bring transparency is a vital toward data accountability. It’s part of a larger plan, which includes streamlining bureaucracy and improving responsiveness to citizens through technology.

What you may not know is that the move toward data transparency, which now includes adopting blockchain, is not new. Before blockchain, the Digital Accountability and Transparency Act of 2014, or DATA Act, was the nation’s first open data law to go into effect. It requires the U.S. federal government to transform its spending information into open data. 

President Barack Obama signed the DA...

Meet Daniel Jeffery, age 22.  As founder of crypto commerce company Lantah, Daniel is part of the new movement of young CEO’s who are innovating and changing the business landscape. 

Daniel started learning technology and business early as a self-starter, turning the heads of Microsoft engineers in grade school. Mentored by industry-leading professionals and professors, he filed several patents in automotive safety and at the age of 18 was invited to share his work at Ford’s Product Development Center in Dearborn, Michigan. Subsequent ventures include e-liquid manufacturing/retail and coral aquaculture.  

Understanding the Potential of...

Over thousands of years, commerce has progressed from simple trade to the complex buying and selling that occurs online every day. eCommerce fundamentally changed how people conduct both local and international trade. How did today's concept of commerce evolve? Where is it headed? Let's take a look at what commerce is, its history, and what the near future has to offer.

Commerce

noun  |  The exchange of goods, services or something of value, between individuals, businesses, or other entities.

The history of commerce is the history of human civilization. No civilized community produces all the things which it consumes and some of its need...