The Immutability of Blockchain: Buzzword or Breakthrough?

  There are a handful of buzzwords that exist in the blockchain space, but none are as frequently used, and as improperly understood, as immutability. As one report from Deloitte defines it, “Data once stored on the blockchain cannot be manipulated or changed — it is immutable.” Fundamentally, this is an accurate assertion. Information added on a blockchain contains a unique summary of the previous block, ensuring that transactions cannot be edited or deleted unless a consensus is reached by nodes in the network.   However, amid this statement, there…

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Blockchain: Attracting More Businesses Worldwide

The Blockchain is attracting more businesses worldwide  – the Global economy is drastically evolving because of revolutionary technologies including artificial intelligence, machine learning, blockchain, and data analytics to name a few. With the larger value of bitcoin and other cryptocurrencies, blockchain is impacting nearly all industries to drive business value for online marketplaces, global eCommerce brands, and startups.   Blockchain is one of the most secure technology platforms that connects all parts of eCommerce value chain. Blockchain-based exchange platforms, bitcoin wallet, and mobile apps help businesses to sell more and manage…

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Tug-of-War: Will Blockchain Bring Data Ownership Back to Users?

    ConnecTechAsia Summit speaker, Nicole Nguyen, Head of APAC, Infinity Blockchain Ventures, shares about data ownership and how blockchain could tilt the balance in favour of the end user.   Since the advent of the internet, users have marvelled at the ability to create a persona of themselves online – be it in the first virtual communities, social networks, retail sites and multi-player games. Increasingly, a greater proportion of our personal lives and information can now be found on digital platforms.   Coupled with a plethora of emerging technologies…

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