Bitcoin

Mythbusters for Business Partners: Blockchain facts or fiction

Let’s be honest with each other. How many of you still believe that blockchain technology is Bitcoin? Or that it’s only applicable for cryptocurrency? Well, blockchain has become so much more. The most popular misconception is that Bitcoin equals blockchain. When Bitcoin was the only blockchain, there wasn’t much distinction between the terms. As the […]

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What are some common misconceptions people have about blockchain?

What are some common misconceptions people have about blockchain? originally appeared on Quora: the place to gain and share knowledge, empowering people to learn from others and better understand the world. Answer by IBM Blockchain, providing blockchain solutions, services and expertise, on Quora: Jerry Cuomo, IBM Fellow and Vice President Blockchain Technologies: What are some […]

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Blockchain has moved from hype to value creation in the enterprise

The past three years in blockchain technologies, or what now is often referred to as a use case of distributed ledger technologies (DLT), has shown the best of times and the worst of times. The global volatility of Bitcoin value and the high-profile heists of Bitcoin have shed negative spotlight on the cryptocurrency use case […]

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Central bank digital currency explained

Cross-border payments play an important role in the global economy. According to the World Bank, in 2017, global remittances grew 7 percent to USD 617 billion. Based on the same report, sending just 200 dollars was 7.1 percent of the price, double the sustainable development goal target of 3 percent. Even in developed nations, it’s […]

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What is a central bank digital currency?

From bank hackers to a cashier giving you the wrong amount of change, the current financial system is wrought with both technical susceptibilities and human error. By using blockchain technology to build upon the current framework, a central bank digital currency (CBDC) could lead to improvements on the current payments system while reducing overall costs […]

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Crypto Castle: Once a Bitcoin heaven, now lies in ruins!

Money has turned many faces ever since its inception. From gold to paper to plastic even. One thing is for sure, though. It’s never about the material per se. No, the real essence of money lies in its insubstantial value — one that’s recently taken a liking to a virtual form of currency. Virtual, because […]

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What we really mean when we talk about “real” blockchain

The advent of any new technology always sparks healthy and lively debate over fundamentals: standards, business models, best practices and the like. Blockchain is no exception. We’re seeing that kind of debate unfold today as the technology continues to evolve and gain traction. Some in the blockchain community are asking, “What constitutes real blockchain?” I’m […]

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Unbanked to big banks: How crypto facilitates financial inclusion

With the advent of Bitcoin and other cryptocurrencies, many are heralding a new age of digital native money that is meant to transcend the physical boundaries of its predecessor. But before we dive into how cryptocurrency is being used today as a new form of money, we must ask the question, “What is money?” This […]

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Exploring blockchain as the foundation for next gen apps on Web 3.0

Web 3.0 is the collection of next gen web applications which use emerging technologies such as blockchain, AI, IoT, augmented and virtual reality (AR/VR) as part of their core technology stack. These emerging technologies will shape the interactions users will have in this next generation of the web. The internet took us from zero to […]

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