You may have heard the term ‘blockchain’ and dismissed it as a fad, a buzzword, or even technical jargon. But I believe blockchain is a technological advance that will have wide-reaching implications that will not just transform the financial services but many other businesses and industries.
A blockchain is a distributed database, meaning that the storage devices for the database are not all connected to a common processor. It maintains a growing list of ordered records, called blocks. Each block has a timestamp and a link to a previous block. Read Entire Article: https://www.forbes.com/sites/bernardmarr/2017/01/24/a-complete-beginners-guide-to-blockchain/#279d88d36e60 Read about the potential for blockchain technology to greatly improve governmental computer security9/29/2017
Blockchain technology promises to create an immutable set of transactions that cannot be forged or duplicated. As a result, any information technology transaction using blockchain gains the added benefit of effective cybersecurity. As federal managers begin connecting the dots between blockchain-ready technologies, and planning for integrations with existing platforms, there will be many technical, internal and citizen-facing hurdles to overcome.
Read Article: https://www.fedscoop.com/forging-technology-path-unlock-blockchains-value-government/ |
About Oliver Briscoe
Oliver Briscoe is a 20+ year veteran of the Informational Technology field. He understands his first principals and loves teaching others. Archives
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