Blockchain Essay Examples - Free Research Papers on PapersOwl.com

Blockchain in Music Industry

Words: 494 Pages: 2 5581

Music industry is one of the happening industries where blockchain can find many use cases. Blockchain can be instrumental in increasing the reach of music to a larger user base and also reward the music creators with a fair compensation. ACME Music, a music-streaming service plans to use blockchain in its platform. Let us see how it can be accomplished. Customers who use the app on a regular basis and who are appreciative of the music available on the app […]

Blockchain in Logistics Real-life Use Cases

Words: 1777 Pages: 6 5292

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Blockchain was introduced in 2008 and it has become an indispensable tool for many industries. It is also becoming an integral component of the supply chain. Traditional business practices can be updated dramatically through their ability to track the shipment of goods and streamline the management of inventories. A question is however raised about blockchain logistics use cases. Blockchain has been shown by several companies and government organizations to make impressive impacts worldwide on business logistics. An event was held […]

The Power of Blockchain Paired with the Internet of Things

Words: 555 Pages: 2 4505

What is the Internet of Things? The Internet of Things (IoT) is a system used for the distribution of information without the need for human interaction. Information on computing devices, objects, humans, animals and all sorts of things using a unique identifier can be shared over a network. A thing, in the internet of things, at its most basic level can be a patient wired to a heart monitor, a cat implanted with a tracking chip, or a car using […]

Blockchain Revolution: Beyond Bitcoin and into the Future

Words: 1538 Pages: 5 5841

After the 2008 financial crisis, a mysterious paper was released by Satoshi Nakamoto that discussed a new peer to peer financial system using a digital cryptocurrency called Bitcoin. The economy was in a global recession at the time and people were frustrated with centralized banks disrupting and controlling the financial system. The technology invented to power this new system was called blockchain. Bitcoin enabled online payments to be transferred directly between two people without a third-party middle-man. While the idea […]

Currency Bitcoins and Blockchains

Words: 1413 Pages: 5 4628

Bitcoin is a currency, like euros or dollars, used to exchange goods and services. However, unlike these currencies, Bitcoin is an electronic currency that exists exclusively on the Internet. It gains prestige in cyberspace thanks to its efficiency, security, and ease of exchange. Its main difference compared to other currencies is that it is a decentralized currency, whose value does not depend on the interest rate set by a Central Reserve Bank or its reserves in commercial banks. Bitcoin is […]

What is Blockchain?

Words: 2467 Pages: 8 5834

When people hear the word "blockchain," they often think of bitcoin or cryptocurrency. This is a common connection that people are likely to make as a result of the impact and popularity that bitcoin has achieved. Blockchain is actually the underlying technology for bitcoin and many other related products. The term "blockchain" is commonly defined as a distributed, decentralized, public ledger technology. To simplify this concept, Marco Iansiti and Karim Lakhani from the Harvard Business Review broke the concept down […]

Artificial Intelligence and Blockchain

Words: 444 Pages: 1 3756

Often referred to as a revolution for the law, "DAO" (Decentralised Autonomous Organisations), refers to the digital version of an agreement in which all rules and regulations are written in source code (Universa, 2017). DAOs operate through computer programs known as "smart contracts". This can pose a significant challenge for auditors as DAO itself is not a legal entity; therefore, assets held under DAO should be carefully considered (Broby, 2017). Alongside this, there are other various aspects like the validation […]

Blockchain with Mainframe Security

Words: 840 Pages: 3 4148

In today's era, continuous innovation is the backbone of Information Technology. Information Technology world has cultivated radically in the last 50 years. According to the Computer History Museum, if we consider the milestones only, it would be delightful to witness the journey. In 1969 computers were connected for the first time. In 1973, connection went international, where the network connection was named Arpanet. In 1983, domain names came into existence. In 1990, Tim Bernes-Lee created the world wide web which […]

About the Blockchain Technology

Words: 1392 Pages: 5 5508

Cryptocurrency, also known as "crypto" for short is a new form of digital currency. Although the idea of digital currency has been around since the creation of the internet, it wasn't until 2008 that the first cryptocurrency appeared. Its name is Bitcoin. It remains a mystery as to who created Bitcoin, the only clue that we have is a name of a person or persons, Satoshi Nakamoto. Cryptocurrency is a means of exchange, such as dollars for goods would be. […]

Blockchain’s Potential

Words: 1905 Pages: 6 4107

In today's world, it is almost impossible to not have heard about blockchain, let alone the term crypto currencies. Although the ideas are innovative themselves, there is much speculation regarding the usefulness of these two new technologies. However, some public accounting firms are still looking to get into the technology regardless of the risks because it may just be the next revolutionary advancement for both auditing and financial reporting. The technology known as blockchain has so much potential and presents […]

The Multimedia Blockchain

Words: 990 Pages: 3 4090

The Multimedia Blockchain A Distributed and Tamper-Proof Media Transaction Framework Historically, media distribution or content delivery relied on legacy devices like DVDs or magnetic tapes. The currently trending medium for media distribution is internet-based cloud services or P2P (peer-to-peer) connections. As an improvement on this, a Content Distribution Network (CDN) is used. CDNs are a collection of specialized servers that deliver high-resolution, rich media to devices over the internet. Cloud-based CDNs are better than internet-based ones as they ensure high […]

Why you should Invest in Blockchain?

Words: 1342 Pages: 4 4900

In a very short time since its introduction in 2008, blockchain technology has burst onto the tech scene and jumped to the front lines of the hottest new developments. Rapidly infiltrating every industry you can imagine, this new system is also creating new and exciting investment opportunities that should have you asking, 'how do I invest in blockchain?' Many people think that buying digital currency is the only way to invest in this new market, but that is not the […]

Social Implication of Blockchain

Words: 769 Pages: 3 4267

For the past several decades humans have been using the same traditional centralized systems. These centralized systems include banks and governments. We use banks to send and receive money from all over the world. We trust banks to send and receive our money, therefore; we rely on these centralized systems as intermediaries that negotiate on our behalves. However, for the past few years these financial institutions have been continuously associated with corruption. In these centralized systems records are stored and […]

What the Future Life Might Look Like with Blockchain

Words: 1160 Pages: 4 5844

Just ten short years ago, blockchain was just an idea in a handful of forward-thinking developer’s heads. Even today, it’s widely misunderstood and only a small portion of the population knows exactly what it is. Most technology experts agree, however, that blockchain will transform many of the ways we do business. In just a short time, it is already having an impact on many business segments and is starting to touch our lives in many meaningful ways that we may […]

Network Threat Management System Using Blockchain

Words: 2343 Pages: 8 4370

Abstract— The Expansion of the Internet has led to adding more and more devices into its pocket having a tremendous flow of traffic between devices which has led to more insecure portable and stationary devices. Successful distributed denial-of-service (DDoS) attacks are those striking web crashes that bring critical enterprise services to their knees. Making DDOS attack a topmost security threat to service provisioning. The current prevention mechanisms have failed to assure mitigation against this threat. There needs to be a […]

Top Blockchain Blogs

Words: 954 Pages: 3 5008

There's lots of great information across the web for aspiring crypto investors or for those who want to learn about the advancement of blockchain technologies in general. We've assembled a list of our favorites to help you zero in on the information you're looking for faster. Subscribe to these great blogs and accelerate your blockchain learning curve! The industry giants like Coinbase, CCN and a myriad of cryptocurrency-focused news sites are a great source for specific information, but we wanted […]

How to Invest in Blockchain Technology

Words: 1594 Pages: 5 4237

Starting out as a new way to underpin financial transactions without relying on banks and governments, blockchain has come a long way since its introduction in 2008. While the first phase of the tech saw primarily currency based solutions, now firms are working hard at adapting the technology to solve a host of problems across a wide swath of industries. While investing in digital currency is fairly well understood at this point, investing in blockchain development is a little more […]

Security of Blockchain Technology

Words: 565 Pages: 2 4761

The blockchain is said to be an indestructible digital ledger that can be formulated to record essentially anything of value. Some people believe that it is one of the greatest achievements since the internet due to the data being stored using sophisticated math and innovative software. It is the underlying technology to what is commonly known as Bitcoin. Every time digital coins are purchased, sold, or transferred on a decentralized exchange and used to buy goods or services virtually, the […]

Top Blockchain Bloggers

Words: 865 Pages: 3 4726

We've shared some great podcasts to help you stay aware of the ever-changing and rapidly expanding blockchain ecosystem, but what about bloggers? There are lots of blogs out there, but very few of them are real industry experts and creators. Many just share and re-share the same information. To help you get straight to the source and hear new development from the industry insiders that really know what's going on, we've compiled a list of the top-7 blockchain bloggers we […]

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