As many of our readers know by now, blockchain is an architecture that allows users to conduct transactions with each other and create an unchangeable, secure record of those transactions. As such, it has attracted an enormous amount of interest by technologists in finance, healthcare, supply chains, shipping, energy and even election voting.
“The applications are endless,” is a common refrain. Another is “blockchain technology will be the next TCP/IP of finance.”
In this new article, Computerworld senior writer, Lucas Mearian, gives us a three-page course on the current state of blockchain adoption across many industries and a look at the challenges they each face. Finally, he gives us a look at the possible future of blockchain deployments and their role in transforming business practices for efficiency, speed and security.read more
Recently, the House Science, Space and Technology Committee’s Oversight and Research and Technology subcommittees held a hearing titled, “Leveraging Blockchain Technology to Improve Supply Chain Management and Combat Counterfeit Goods.”
Blockchain momentum is accelerating at even the highest levels among decision-makers. In the House or Representatives hearing, a director with the Department of Homeland Security summed up the sentiment on the future of blockchain technology saying, “The applications are almost limitless.”
Representatives from the shipping and supply chain industries spoke up to agree. Click to get the short scoop or full transcript at Blockchainplusthelaw.com.read more
The Commodity Futures Trading Commission (CFTC) is looking at the possibility of using today’s distributed ledger technology to bring speed, security and other efficiencies to monitoring swap transactions in what is called “Swaps Regulation 2.0.”
The current consideration envisions the CFTC as a supervisory node in a distributed ledger platform, poised to monitor swap transactions as they take place.
In this new Blockchain + The Law article by Cheryl Aaron, a regulator node is described as possibly being a considerable advantage to both regulators and regulated entities. It could enable participants to better comply with their reporting and recordkeeping requirements by accessing the data they need “to properly understand and regulate the market without any intermediaries, and potentially for a lower cost.”
Aaron writes, “By relying on a blockchain-based reporting and recordkeeping system, swap market participants could potentially eliminate the middleman (swap data repositories) entirely.”read more
CoinDesk reports that “Four of the world’s largest carmakers have joined tech providers and startups to form the biggest-ever consortium focused on applying blockchain tech in the automotive sector.”
The consortium that connects them is the recently launched Mobility Open Blockchain Initiative (MOBI).
MOBI’s goal here is to enable payments and data-sharing between cars through common standards and APIs to open the way for a new digital mobility ecosystem.
The initial work will form project teams focusing on areas such as vehicle identity and data tracking, ride sharing, mobility ecosystem commerce, and data markets for both autonomous and human driving.
Read all about the initiative and get involved in this newest “Big Thing” to hit the economy.read more
According to the 2018 IT Career Outlook report from SpiceworksIT, as many as one-third of IT workers will look for a new job in 2018.
The reasons why they might look for a change differ between age groups, from millennials to Gen Xers and baby boomers. SpiceworksIT surveyed 2,163 IT workers from North America and Europe to bring you these answers, and they have provided some of the motivating factors that may help you retain your best people, including:
1. IT workers are satisfied, but feel underpaid
2. Millennials and Gen Xers want more skills
3. Work-life balance is important, especially for Gen Xers
4. They want IT to be a priority
5. Baby boomers are burnt out
6. Millennials want better benefits and perks
Tom Still, president of the Wisconsin Technology Council writes: “The startling rise of social media in less than 15 years has changed how people live, work and play – largely for the better, but also in ways that have corrosive effects.” He notes, that those changes “will remake how we get our food, clothing, shelter, health care, education, entertainment and more.” In the meantime, “…it’s time for Big Tech to affirm that trust by making smart choices about how to better protect its users.” Read Still’s new column on the next page.read more
Anne Canfield, writing for Blockchainplusthelaw.com, gives us a brief description of why we need new cryptographic advances and a privacy protocol that delivers blockchain’s advantages. She envisions a decentralized social network that uses nodes to sign a smart contract between new ‘friends’ where posts, statuses and pictures are stored and shared with via the InterPlanetary File System (IPFS) network protocol.read more
Amazon Web Services has launched their new Blockchain Templates as a way to accelerate blockchain app development on Ethereum or Hyperledger Fabric networks. They expect the offering to give AWS users an easy entry into a wide range of applications, including payments, logistics, contracts and even crowdfunding for starters.read more
Paul A. Jones, writing for Michael Best’s Best Venture has some advice on whether to take your startup to Silicon Valley in search of venture capital.
While on one hand, Silicon Valley might be the fastest way to determine whether your startup is “venture-worthy” by Valley standards, he sees many more appropriate venture opportunities elsewhere, depending on the type of startup you are launching.
He writes: “Over the last couple of days, it gelled that some entrepreneurs might fail to raise capital in Silicon Valley – not because their startup is not worthy of investment, but because they are not ready to play on that particular stage. In which case, going to Silicon Valley may result in failing to get a startup financed not because it was a bad idea, but because venture capital’s Broadway was not where it should have started out.”read more
Interview with David Houlding, Director of Healthcare Privacy & Security at Intel Part 2 – Enterprise Adoption
Read the Jennifer Georgino interview David Houlding, Director of Healthcare Privacy and Security at Intel Health and Life Sciences (HLS), about enterprise blockchain implementation, hosted by Blockchain Healthcare Review.
As Houlding says, “There are amazing benefits blockchain technology can bring to the industry in terms of improving the quality of patient care and reducing the cost of healthcare.”
In this article, Anne Canfield writes, “2017 may have been the year of the cryptocurrency, but 2018 is shaping up to be the year of the blockchain.”
She also predicts, “This technology will the next big leap forward in increasing productivity.”
The article describes new developments in Real Estate, Smart Contracts, Pharmaceuticals and Healthcare, and Shipping.read more
More than 80 percent of all data breaches appear to take advantage of stolen or weak password credentials. In this CIOInsight.com article, Brett McDowell discusses the new National Institute of Standards and Technology (NIST) recommendations on “strong passwords” designed to make password creation more secure for everyone.
McDowell explains the three basic types, or levels, of application protection, the vulnerabilities of one-time passcodes (OTPs), and authentication methods the NIST recommends now in light of today’s increasingly sophisticated cyberthreat horizon.read more
What do employers expect from college graduates they hire? Do they want an emphasis on STEM disciplines – science, technology, engineering and math – or a liberal arts background that may be more adaptable?
In this new article, the president of the Wisconsin Technology Council discusses some of the employment trade-offs, plans for curriculum changes at UW-Madison and LifeMapping, a soon-to-be incorporated company tied to the UW-Madison Department of Geography to help students explore their options.read more
The HIMSS18 Global Conference & Exhibition in Las Vegas has wound up. In the latest issue of Healthcare IT News, Mike Miliard gives us an overview of the hot topics of the week.
Acknowledging that the post-EHR era has fully arrived, he writes, “There was the day-long Machine Learning & AI for Healthcare event and the Blockchain Forum, HIMSS VentureConnect and Rockstars of Emerging Healthcare Technology. The Innovation Live showcase in Hall G was populated with leading-edge companies touting AI, augmented reality, biometrics, IoT and much more. And far from theoretical, many of those technologies are already on the minds of leading CIOs.”
Even if you were one of the “nearly 45,000” attendees, you couldn’t have taken it all in. Here’s a good wrap-up overview of the major ideas, innovations and initiatives that are shaping healthcare today.read more
Near the end of last year, the Commodity Futures Trade Commission (CFTC) proposed a seemingly esoteric new rule that would define the term “actual delivery” for retail commodity transactions in virtual currency. Learn more about the CFTC’s new “functional approach” to actual delivery of virtual currency and make your opinions known to the CFTC before they define the final rule.
This new article presented by Blockchain + The Law considers the issues from a variety of perspectives, and you can comment to the CFTC before the closing date of March 20, 2018.read more