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How secure is blockchain-based technology

It is never prudent to underestimate the ability of a hacker. One hacker or a small group of hackers can shut down an entire system, lure the unwary into cyber traps, steal millions worth in data and even topple down governments by leaking classified information online. Blockchains alternative approach to storing and sharing information provides a way out of this security mess. The technology that can secure transactions with cryptocurrencies [...]

By | August 22nd, 2017|

Blockchain Technology – An evolution or a revolution in the making?

It seems the whole world is talking about Blockchain Technology. This is not something to do with corporate entities alone. A lot of start-ups developing Blockchain based solutions are gathering money through crowd funding, and those who are participating in them range from self-employed to young entrepreneurs. Whenever a new technology shows potential, there are a set of experts who talk in its favor and another set that talk [...]

By | July 26th, 2017|

IS IT SAFE TO KEEP BLOCKCHAIN A CLOSED APPLICATION?

Our earlier blogs detailed out Dubai’s interest in Blockchain technology, the three pillars of blockchain implementation, and an understanding of blockchain model – today we intend to dig deeper into the types of blockchain. The reach of Blockchain will go far beyond than what it was intended for. While banking is only the beginning, Blockchain will slowly introduce itself in the sectors like cybersecurity, healthcare, automobile, education, sports [...]

By | June 23rd, 2017|

BLOCKCHAIN IS NOT A DESTINATION, IT IS A JOURNEY

Since the arrival of Bitcoin in 2009, blockchain has been its backbone. There has been much written about blockchain that it is not ready and stable to rely upon. The reasons are also well thought out – the need for training people on blockchain, cost of investment in software, time to make all these a reality are amongst the usual excuses apart from ‘not wanting to change’. There is [...]

By | June 2nd, 2017|

THREE PILLARS OF BLOCKCHAIN TECHNOLOGY AND MORE

In the previous blog ‘Why Dubai Wants To Rope In Blockchain?’, we spoke on the blockchain technology with some latest information on why is Dubai so excited about it. We discussed about blockchain technology and its connection with the bitcoin technology and how it will give stress-free life to people as it requires a setup to be done only once. Today, let us understand the three pillars [...]

By | May 16th, 2017|

WHY DUBAI WANTS TO ROPE IN BLOCKCHAIN?

This article will give you a head start on the blockchain technology with some latest information on why is Dubai so excited about it. In the year 1969, we witnessed one of the most disruptive innovations which changed the world for the better; ‘The Internet’. Well now it is not just the only technology that changed our lives upside down, it is followed by ‘blockchain technology’ [...]

By | April 28th, 2017|