Blockchain and IoT integration accelerates, hits a 'sweet spot'
IoT and blockchain may be a natural fit, but it will still take five to 10 years before kinks are worked out.
IoT and blockchain may be a natural fit, but it will still take five to 10 years before kinks are worked out.
Blockchain is gaining ground in the supply chain arena, enabling suppliers to verify food origins and ensure regulatory rules are met.
By providing distributed access to a single, verified source of truth, ASX’s blockchain-inspired system will open up new opportunities to digitise multi-party workflows, according to the exchange operator’s deputy chief executive officer, Peter Hiom.
A decentralised storage service is claiming their capacity is cheaper and more resilient than big players such as Amazon S3.
While corporate CIOs see the distributed ledger technology as innovative, blockchain is unlikely to become technically and operationally scalable anytime soon.
Led by financial services, industries are ramping up spending on blockchain distributed ledger technology at unprecedented rates; 2018 will mark the move from pilot programs to real-world rollouts.
After a raft of pilot programs last year, blockchain continues to evolve. It's now seen as the heart of a new global shipping platform that could save companies billions and the underpinnings for a P2P cloud storage endeavor.
Manufacturing and distribution is on the pinnacle of industry renaissance. Emerging technologies such as artificial intelligence, 3D printing, augmented reality, blockchain, machine learning, voice-controlled user interfaces, and robotics are already reinvigorating some of the most depressed parts of these sectors, globally. Are Australian manufacturing and distribution businesses ready to take advantage?