Blockchain is perhaps one of the most unconventional new age Technologies out there. The sooner it is brought out of the shadow of Bitcoin and its potentialities explored, the faster the enterprises will benefit from the multiple applications of the distributed ledger technology.
Bitcoin marks the introduction of Blockchain in mainstream technology applications. A decade ago, when Satoshi Nakamoto released the whitepaper, ‘Bitcoin: A Peer-to-Peer Electronic Cash System’, that was the first time the world heard of Blockchain. Today Blockchain is well on its way to being recognized in its right, and not just as the Technology powering cryptocurrency.
According to a report by Statista, the worldwide spending on blockchain solutions is expected to grow from 1.5 billion in 2018 to an estimated 11.7 billion by 2022. And this includes all industries, from Finance to Agriculture and Logistics to Healthcare.
BLOCKCHAIN REAL TIME USE CASES
To paint a clearer picture, the applications of Blockchain are not just a theoretical piece to be implemented in the far future. A lot of organizations and governments all over the world are enthusiastically turning to Blockchain based systems.
Walmart, for instance, has been working with IBM to implement Blockchain for Supply Chain Management. The digital ledger technology is being used to keep a track of shipments from the suppliers so that all information related to the products can be accessed immediately when required, and by doing so reduce the risk of food spoilage or contamination.
Microsoft, in partnership with Accenture and Avanade, has been working on developing a Blockchain based database for Decentralized Identify Documentation. This is believed to help 1.1 billion people around the world to manage their personal data and ensure privacy and safety across the digital space, while simultaneously offering a solution to those without any legal forms of ID.
While this is happening internationally, India is doing its bit to be a part of the ongoing Blockchain Revolution.
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Denne historien er fra June 2019-utgaven av Enterprise IT World.
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Larger Datacenters And Better Services
With Managed Services and Public Cloud signaling a paradigm shift in the Datacenter market, Netmagic is building on the company’s strengths, and the NTT connection to spearhead the evolution with a Multi Hybrid Cloud strategy and Public Cloud partnerships to maintain its leadership position in Indian Enterprise segment.
Bringing Elements Of AI To Enterprise Infrastructure
VIKRAM K SENIOR DIRECTOR, DATA CENTER AND HYBRID CLOUD, HPE INDIA“In current environments, IT departments face a mounting pressure to resolve the most complex and unique challenges plaguing the datacenter which account for 80% of the pain IT is facing today.”
Enabling It With Strategic Business Goals
PRIYABRATA SARANGI CIO, EXIDE INDUSTRIES“As a professional, I have always respected business requirements and priorities which demand delving deep into business processes to create better solutions. Technology partners have played a key role through my journey by helping me innovate. In fact, CtrlS has helped me align IT with my company’s strategic business goals.
Just The Time To Move Away From 'Mobility'
VIKAS GUPTA Head IT, Essar India“While current mobility patterns are based on menu-driven, GUI-based tools; Ubiquitous Computing holds the promise of understanding natural human interactions such as presence, movement, or speech.”
Evolving Face Of Insider Threat
LALIT CHACKO GM – IT INFRASTRUCTURE & SECURITY OPERATIONS, IBM INDIA“It’s time the CIOs, CTOs, CISOs take cognizance of the lurking insider threat from a growing workforce which is, complacent, inept, ignorant, averse to change, working in silos and apathetic to the management”
CDOs Vital To Digital Reinvention Of Enterprises: Accenture Report
IT World Roundup
Tech Talk At NYSE: Devops, Design Thinking And Industry 4.0
The New York Stock Exchange recently welcomed some top Global manufacturing and financial CIOs in order to have a through provoking discussion on emerging technologies and comparison of processes across industries. The tech talk threw some great insights for the manufacturing industry on how to move forward with Industry4.0.
India Is Amongst The Fastest Growing And Evolving Cloud Markets In The World
Indian cloud market is growing on a fast track and each vendor has a contribution to this growth. Ravindra Kelkar, Area Vice President, Sales & Services, India Sub-continent, Citrix is speaking about Citrix’s strategy.
Iot Security: Challenges And Solutions!
Going forward IOT security is important as there will be billions of devices connected. The connected devices concept is fantastic but is equally damaging as a malicious bot can crawl up to your core functions and access your core database.
Witnessing The Cloud Revolution
“India’s Booming Cloud Market is set to Be Worth $4.1 Billion By 2020,” Forbes’ validation has strengthened the morale of the Enterprise India. It is no longer just about the potential benefits of Cloud that is the driving force behind the conversion. Rather it is the testimonials of the CIOs who have been navigating the Cloud Market to enhance their business functionality, cost-effectiveness and overall management.
