Blockchain is one of the hottest topics in the world of FinTech, but can it become the engine of financial firms? The World Economic Forum says “yes”.
The Bitcoin economy has gone from an early prototype stage to a second one characterized by gambling and black markets and finally to a third stage which steers away from “sin” and toward legitimate enterprises. This is the conclusion of a research paper titled “The Evolution of the Bitcoin Economy: Extracting and Analyzing the Network of Payment Relationships.”
Blockchain in the field of finance is no news —but blockchain in healthcare is. This industry is in dire need of both optimization and boosted efficiency, and blockchain solutions may be the answer. If you have an idea how to put blockchain to good use in healthcare, you’re in luck: there’s a contest that rewards the best ideas.
Each Monday we take a step back and analyze what has happened in the previous week. Last week we witnessed the birth of AngularDart, the release of IntelliJ IDEA 2016.2.1 and the reassurance that Java maintains its dominant position over other JVM languages. We learned why blockchain may outgrow Bitcoin and we discovered that microservices may not become a default architecture.
The discussion about cryptocurrencies is nowhere near over, especially now that the Bitcoin halving has proved that the saying “what doesn’t kill you makes you stronger” may actually be true. Stephen DeMeulenaere, the co-founder of Coin Academy, the first digital currency education platform, signals that the future of cryptocurrencies is bright and that Bitcoin will continue to grow.
#AboutLastWeek: The world after Brexit, Java EE Guardians at full throttle, Eclipse Neon release train sees the light of day
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?’
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.
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.