Search Results for "consensus mechanism"
3 Ways Blockchain is Transforming Cybersecurity
Blockchain technology ensures that data is stored in immutable distributed ledgers and it can be instrumental in enhancing cybersecurity by averting DDoS attacks, authenticating downloads, and offering consensus mechanisms.
Ethereum Price is Ready to go Ballistic in Late 2021, says Crypto Analyst
Crypto analyst Michael van de Poppe has disclosed that ETH is doing quite well on the BTC pair and is set for a ballistic price move in late 2021.
Insurance Firms in China and Hong Kong Count on Blockchain to Fast Track Coronavirus Claims Amid Outbreak
Xiang Hu Bao, an online mutual aid platform, a subsidiary of Ant Financial, is a “collective claims-sharing mechanism built on blockchain that offers basic health plans to its 104 million participants.” Most of its users are Chinese citizens from lower-tier cities, and in rural areas. By utilizing blockchain technology, settlements have been made more efficient, and fraudulent claims have been reduced.
Exclusive: Blockchain at the Stage of Tech Convergence
How does Deloitte Blockchain Lab envision the future of blockchain? Dr. Paul Sin believed that blockchain is at the stage of technology convergence with IoT, big data and artificial intelligence! He also explained the 3 challenges for enterprises to implement their own blockchain and various blockchain auditing services offered by Deloitte.