Blockchains LLC acquires slock.it to further dreams of Ethereum-driven smart city

US-based Blockchains LLC has acquired slock.it – a Germany-based development company focused on connecting real-world devices to the blockchain.

The acquisition will boost Blockchain LLC’s technical capabilities and speed up development of the company’s digital asset custody and digital identity solutions, the governance model for its planned distributed collaborative entity, along with a number of other projects. Apart from this, slock.it will receive Blockchains’ support...

The key tenets of enterprise blockchain: Scalability, governance and standardisation

The requirements needed to make blockchain technologies a viable offering in the enterprise involve long-term investment and planning, as well as significant technological and cultural change.

It may seem an awful lot of work – which it is – but the eventual benefits are evident. McKinsey research found that more than half of companies surveyed who had gone into production with their Internet of Things initiatives had seen a 5% or better increase in revenue. If this can happen...

Telos: Exploring the next steps for true enterprise-grade blockchain solutions

Talk to a dozen executives about the next-generation blockchain and you will most likely get a dozen different responses. The first challenge to overcome is around semantics. Are we fully into blockchain 2.0 yet? Or are we in the third generation? What happened to the second one then?

Regardless, one area in which consensus can just about be drawn is that the current generation of blockchain technologies begets broader use cases beyond the financial, and requires more complex...

Jamie Burke, Outlier Ventures: On the ‘anti-social web’ and how tokens and convergence can provide the answer

In March 2018, Deepak Seth wrote an article for CIO.com exploring whether users should get royalties for their ‘digital exhausts’ – the trail of data we provide for a multitude of services owned by the tech giants. Seth cited the Facebook and Cambridge Analytica imbroglio, as well as the then-upcoming GDPR legislation, as a potential tipping point.

“Everyone knows at the back of their mind that given the multi-billion dollar revenues these companies are generating, nothing...

Oracle updates blockchain platform with development and identity upgrades

Oracle has announced new features to its blockchain platform to help users speed up the development, integration and deployment of new blockchain applications.

The new features are focused around productivity enhancements, as well as identity management upgrades. Users can now benefit from enhanced REST APIs for event subscription, blockchain administration and configuration, as well as enhanced database tools and third-party certificate support.

The company formally...

ConsenSys partners with AMD and Halo Holdings to create W3BCLOUD

American software firm ConsenSys has partnered with semiconductor manufacturer AMD and Abu Dhabi-based Halo Holdings to create a blockchain-based throughput solution ‘W3BCLOUD’, which will help develop optimised solutions that will be powered by AMD hardware. The hardware is competent enough and support multiple workloads and applications for commercial enterprises and governments. The W3BCLOUD will be offering the first independent cloud computing blockchain infrastructure by combining...

Looking beyond the hype of blockchain: A business guide

Blockchain has long been a buzzword that has been drifting throughout the technology space with little understanding for those not in the know. However, in 2018 a lot more is understood about the technology and the mainstream has finally started to recognise its potential. With countless successful business cases due to the implementation of the blockchain, the technology has built quite the reputation for itself. Examples of integration have become apparent in the not-so-obvious industries...

Huawei Cloud launches blockchain service for global users

Huawei Cloud has announced the launch of its blockchain service (BCS) worldwide, just over a month after launching for commercial usage in China. BCS aims to be efficient, user-friendly and universally applicable, in the words of the company. It can be used in Internet of Things (IoT) scenarios, data applications, finance, and other sectors. The cloud-based service makes the most out of Huawei Cloud’s container and security technologies, among others. It can used in identity...

Vienna set to launch ‘world’s largest’ blockchain competence centre

Vienna seems to have stepped up to lead centre stage in the blockchain domain. The Austrian capital will soon introduce the world’s largest technology competence centre that intends to offer comprehensive, interdisciplinary competencies in basic and applied blockchain technologies in one place. The COMET Center (K1) Austrian Blockchain Center (ABC) comprises of 21 scientific institutions, 54 companies, and 17 associated participants, including 16 international institutions/companies. The...

Sathya Narasimhan, SAP: On the challenges and benefits in enabling blockchain for enterprise

Blockchain for the enterprise is on the rise. According to a study from PwC earlier this year, 84% of 600 executives polled said their organisations had at least some involvement with the technology. One company with a particular interest in getting these large firms off the ground is SAP. The German software giant – which held an Enterprise Blockchain Summit in Berlin last week – has plenty of irons in the fire, including its SAP Cloud Platform Blockchain, which enables functionality...