6 inefficiencies in Financial Services Today’s global FS industry is built on decades-old technology, often slow and unreliable. It’s centralized, exposing it to data breaches or outright failure. It tends to reinforce the status quo, and stifle innovation. Attestation Two parties who don’t …
We have the right to control our identity online. We are being exploited by the big players on the internet. In feodal times, the lords were at least providing security. Blockchain technology enables us to establish and own identities. Self …
Introduction to Data Engineering Role of a data engineer ->building data pipelines Get the data to where it can be useful Get the data into a usable condition Add new value to the data Manage the data Productionize data processes …
Smart contracts : Reduce transaction costs by eliminating the need for intermediaries Improve the security and privacy of the parties involved Help to enforce the terms of an agreement Contracts set mutually agreeable rules, the terms of condition for assets, …
source : https://blog.goodaudience.com/how-a-miner-adds-transactions-to-the-blockchain-in-seven-steps-856053271476 Step 1: A user signs off on a transaction from their wallet application, attempting to send a certain crypto or token from them to someone else. Step 2: The transaction is broadcasted by the wallet application and …
Cryptoasset = a digital asset, created, managed, and traded on a blockchain A cryptoasset is a digital asset that uses cryptography, a peer to peer network, and a public ledger to do three things : To regulate the creation of …
Challenge 1 : The technology is not ready for prime time Greek citizens wouldn’t have known how to locate a Bitcoin exchange or ATM. Or how to transfer their drachmas into Bitcoin to escape the troubled currency. Strong infrastructure matters. It can’t be …
Level of blockchain governance : Platform level Application level (distributed apps ) Ecosystem level Centralized paradigms are not as effective in the digital age. Blockchain stakeholders : Industry pioneers First mantra was : “We reject kings, presidents, and voting. We …
Stream analytics has many applications Data Integration Access data warehousesin real-time Take the load off scource databases with change data capture (CDC) Utilize microservices more effectively Online decisions Real-time recommandations Fraud detection Gaming events Finance back office apps Volume (Terabites …
Attribution requires knowledge of two facts : Who holds the asset Who has created and is party to the contract A blockchain stores this information by recording where the asset originated, and tracking changes of ownership. On a blockchain, all …