A Brief History of Blockchain: An Investor’s Perspective

 

Caveat: Before diving in, please understand that Bitcoin and blockchain though often used interchangeably are not the same thing. We’ll discuss this in more detail.

Bitcoin:

In 2008, Satoshi Nakamoto (the pseudonym for an as-of-yet unidentified individual) published a white-paper called Bitcoin: A Peer to Peer Electronic Cash System. In this paper, he argued that he had solved the issue of double-spend for digital currency via a distributed database that combined cryptography, game theory, and computer science. Double spend is simply the idea that digital currency can be spent in two places. Satoshi’s creation was a huge innovation because it enabled one entity to confidently transact value directly with another entity without relying on a trusted third party to stand between them.

A gentle introduction to blockchain technology

bitsonblocks.net This article is a gentle introduction to blockchain technology and assumes minimal technical knowledge.  It attempts to describe what it is rather than why should I care, which is something for a future post.Shorter companion pieces to this are: So you want to use a blockchain for that? Some common misconceptions Confused by blockchains?  Revolution vs Evolution…

Blockchain Lingo – IEEE Spectrum

spectrum.ieee.org Posted 2 Oct 2017 | 12:00 GMT By Morgen E. Peck Illustration: Nicholas Little Like any new technology, the development of the blockchain required the invention of new words to describe its parts and their uses. Perhaps because it was invented by an anonymous hacker or because its subsequent application spread so widely, the…

Do You Need a Blockchain?

spectrum.ieee.org Posted 29 Sep 2017 | 15:00 GMT By Morgen E. Peck Illustration: Greg Mably According to a study released this July by Juniper Research, more than half the world’s largest companies are now researching blockchain technologies with the goal of integrating them into their products. Projects are already under way that will disrupt the…

Introduction to Blockchains & What It Means to Big Data

kdnuggets.com  By Abhinav Venkat, Noah Data. “Arguably the most significant development in information technology over the past few years, blockchain has the potential to change the way that the world approaches big data, with enhanced security and data quality just two of the benefits afforded to businesses using Satoshi Nakamoto’s landmark technology.” What is a…

Blockchain and Distributed Ledger Technology

Blockchain explained from an enterprise perspective Blockchain has the potential to revolutionize how businesses operate.What is blockchain technology? The simplest blockchain definition? A reliable, difficult-to-hack record of transactions – and of who owns what. Blockchain is based on distributed ledger technology, which securely records information across a peer-to-peer network. Although it was originally created for…

Blockchain in Real Estate: You Can Now Buy Fraction of House

https://cointelegraph.com/news/blockchain-in-real-estate-you-can-now-buy-fraction-of-house The power of the Ethereum Blockchain continues to permeate traditional models of business and investment with Real Estate the latest target. Through crowdfunding and smart contracts, REAL believes that the inefficacy and illiquidity of this traditional institution of investment potential can be opened up. The idea of investing in real estate used to involve…

Real estate Title transfers in Blockchain

Permissionless Real Estate Title Transfers on the Bitcoin Blockchain in the USA! – Cook County Blockchain Pilot Program Report Published on Published on June 28, 2017 Ragnar Lifthrasir, MSRED Can you legally transfer ownership of real estate on the bitcoin blockchain? Can a blockchain real estate title transfer be recorded in the government public records? Can you…