The simple definition of a blockchain is, "A decentralised database containing sequential, cryptographically linked blocks of digitally signed asset transactions, governed by a consensus model."
Blockchain technology is a peer-topeer networked database governed by a set of rules. Blockchains represent a shift away from traditional trust agents and a move towards transparency. As technological building blocks, they permit applications from a broad band of industries to take advantage of sharing, tracking, and auditing digital assets.
Blockchain is a disruptive technology because of its ability to digitise, decentralise, secure and incentivize the validation of transactions. It has the potential to improve security, processes and systems in the financial and government services, as well as in every domain where accurate, tamper-proof recordkeeping is essential.
A wide range of industries are evaluating this technology to determine what strategic differentiators could exist for their businesses if they leverage it. These include FinTech, healthcare, aviation, global logistics and shipping, transportation, music, manufacturing, security, media, identity, automotive, land use and government.
Industry adoption of blockchain platforms
As per Globenewswire, by 2024, the global blockchain market is expected to be worth over US$ 20 billion.
The use and adoption of blockchain technology is expanding at a rapid pace all over the world. According to Forbes, the Republic of Georgia plans to use blockchain technology to validate property-related government transactions. Countries like Sweden and the Honduras are also developing similar blockchain based systems, for enabling secured e-governance.
Gartner projects that blockchain's. business value will grow to US$ 176 billion by 2025.
この記事は Open Source For You の October 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Open Source For You の October 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Not Investing in a Cloud Security Program can be Expensive
A well-planned cloud security program serves as the primary barrier against security breaches, protecting both the company's assets and its reputation. It's a crucial component that supports an organisation's overall health and in a world with more advanced cyber threats, it helps meet the basic compliance standards that stakeholders expect.
Cutting Costs, Not Corners: Building Large Scale Applications with Open Source Software
Here are some strategies and best practices for leveraging open source to create enterprise-grade web and mobile applications without sacrificing quality or functionality.
FIDO2 and WebAuthn: Ensuring Secure User Authentication
In today's digital landscape, securing online identities is more crucial than ever. Traditional passwords are no longer sufficient to protect sensitive information, which is where advanced passwordless authentication mechanisms like FIDO2 and WebAuthn come into play. These technologies offer a powerful solution for secure user authentication in a browser-based environment.
Aspiring to be a DevOps Engineer? Here are a Few Tips
Organisations are embracing DevOps in software development to ensure quality products are delivered faster. This fast-growing domain offers a range of career opportunities for those willing to learn. You can enrol for one of the many industry-recognised certifications and then gain experience through internships and entry-level positions.
GitHub Actions: Accelerating DevOps Adoption
The integration of DevOps practices has become crucial for achieving rapid, reliable, and high-quality software delivery. GitHub Actions, an automation tool provided by GitHub, significantly contributes to this process by streamlining and automating various stages of the software development lifecycle. Let's find out how it can accelerate DevOps adoption.
DevOps in a Nutshell
This overview takes you down the path of DevOps development, its benefits and drawbacks as well as the resources you may need to become an expert in this field. It explains the roles of a DevOps professional and why they are in demand.
The DevOps Guide: Trends, Tools, Skills, and Career Opportunities
In today's fast-paced digital world, DevOps is crucial for software development and IT operations. By fostering collaboration and automating processes, it aims to deliver high-quality software quickly and reliably. Let's explore the latest trends in DevOps, essential tools, required skills, career opportunities, and the future of this transformative practice.
AlOps: Integrating AI with DevOps
By integrating AI with DevOps, we can harness the power of both technologies to quicken the development of quality software. Open source DevOps tools now come with AI integrated in them to automate the software development lifecycle and enhance security features.
Getting Started on Contributing to Free Software
Interested in contributing to free and open source software but wondering where and how to begin? Dive in to find out...it's quite simple.
AI Services in Microsoft Azure: Designed to Help
Microsoft's Azure AI services enable optimised operations in industries as varied as retail, healthcare, manufacturing, finance, education, and media.
