#blockchain

Each Monday we take a step back and analyze what has happened in the previous week. Last week Britain decided to part ways with the European Union, the Eclipse Foundation announced the Eclipse Neon release train and Java EE Guardians founder talked about the state of Java EE and the future of the group. Plus, we learned that NetBeans IDE 8.2 is now feature complete.

According to a recent article written by the International Monetary Fund’s Andreas Adriano and Hunter Monroe, blockchain “may end up helping” banks despite its original ‘no banks involved’ policy. We talked to Spiros Margaris, one of the top social influencers in FinTech, about the future of blockchain and Bitcoin and the former’s long-term benefits.

Each Monday we take a step back and analyze what has happened in the previous week. Last week Angular 2 made a cameo on our portal, Bitcoin’s blockchain steered away from its original purpose and we asked you if Java EE should be developed independently from Oracle.

Bitcoin’s blockchain technology was originally created to “avoid banks,” but according to an article by the International Monetary Fund (IMF), this technology “may end up helping them.”

In his keynote at JAX Finance, John Davies, co-founder and CTO of C24, a London-based fast data company specializing in high-volume, low-latency complex messaging, talked about the problem that blockchain solves, the technologies which use it and the industry sectors that are interested in this mechanism. He also answered the question ‘why are global banks investigating the use of blockchain in their applications?’

In the opening keynote at JAX Finance, Eric Horesnyi talked about the actors that lead the change in the FinTech movement and the so-called industry disruptors. He invited the participants on a journey to discover what’s under the hood of this ongoing revolution and to debunk some myths concerning the future of banking and the culture of unicorns.

Bitcoin continues to hit the headlines as the price nears $600 and the halving is almost upon us. We talked to Henry Brade, the CEO of Prasos Oy, a Finnish Bitcoin startup founded in 2012, about the hike and the reasons why people should invest in bitcoins now.

Eric Horesnyi, CEO of StreamData.IO and speaker at this year’s JAX Finance, spoke to JAXenter editor Gabriela Motroc about unicorns and their disruptive label, the vilification of the FinTech movement and companies’ new obsession for UX.

Let’s call it a deja-vu. Bitcoin price passed the $500 threshold in late May, something which hasn’t happened in almost two years. Four days after the sudden boost, the price is still bigger than it was in August 2014 —the last hike—. Specialists are still trying to find the reason behind the unexpected increase, with some claiming that Chinese investors’ actions may have led to this dramatic surge.

The blockchain is on the verge of outshining Bitcoin but even though many industries have now focused their attention on this distributed database, we may have gotten ahead of ourselves because it seems that we lack a strong enough workforce of blockchain developers.

The Hyperledger Project has a new leader. Brian Behlendorf, the founder of the Apache Software Foundation and this initiative’s first executive director, spoke with JAXenter.com about his new role, what the future holds for the Hyperledger Project and what it’s like to work with the industry’s most appreciated people.

Even though blockchain is widely known as an element of Bitcoin, more and more people believe that its true value has not been fully tapped. IBM executive Jerry Cuomo is the latest person to praise the benefits of this distributed database and to urge government agencies to “become early adopters of blockchain applications.”

JAX Finance and its younger sibling JAX DevOps have started in full force in London and we’re here to witness the union between two domains that apparently have nothing in common: DevOps and finance. Here are the key takeaways. Stay tuned for more!

David M. Brear, renowned speaker and one of the top FinTech influencers to follow in 2016, believes that banks can and should put the current technological innovations to good use. We talked to Mr Brear about the FinTech movement’s “disruptive” label and whether banks will “evolve or die.”