Blockchain is a distributed digital ledger that records transactions that automatically encrypt every 10 minutes in a process called "hashing." Each hash completes the latest block in the blockchain. This technology was originally intended to secure Bitcoin, and later other cryptocurrency transactions, but its adoption and application are expanding.
Image courtesy wix.com
This ability promises to vastly improve product integrity and financial integrity and security in the digital marketplace. You could safely say we are entering an era of the Internet of trust.
The rest of this article will discuss what is meant by some of the terminologies...
Sometime around May 11, 2018, unnamed sources told Cheddar.com that Facebook is exploring the creation of it's own cryptocurrency, and needs to make acquisitions in the blockchain and cryptocurrency space in order to develop its this virtual currency.
The social media giant began its examination of blockchain technology to see how it could also be used to help Facebook verify the identity of accounts and encrypt data.
David Marcus, VP in charge of the Messenger app, will lead a team of less than a dozen Facebook employees working on blockchain. No ICO is planned. Their digital currency could take 2 years to develop.
Lantah is a fresh-start global ecommerce marketplace. One of our primary goals is to fully engage blockchain technology in as many aspects of the marketplace as possible. From accounts to transactions, from smart contracts to vendors and logistics—building from the ground up offers many advantages.
Utilizing blockchain technology enables Lantah to record a globally traceable and shared record for every transaction associated with an asset.
This allows Lantah to share an indisputable pathway of trust for goods and services. Each blockchain entry is recorded in the order in which it occurs, encrypting before moving to the next s...
Market Watch reports former Facebook executive and Green Bay native, Chris Murphy recently put his "Packer House" up for sale. “Murphy, a crypto enthusiast, wants to use the funds to back bitcoin initiatives,” said Natalia Karayaneva, chief executive of Propy.
Fans with $1 million in cryptocurrency will literally be able to walk to games at Lambeau Field from their new digs.
Now off-market according to Zillow, this 3 bedroom is the first U.S. property to be sold on the blockchain, global property marketplace Propy said. The 1,000-square-foot property was listed for $1 million in cryptocurrency, but real estate website Zillow estimated its...