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Showing posts with the label blockchain technology

Blockchain Technology in Automotive!

The Catchphrase in Blockchain We are entering into an exciting phase of the Blockchain Technology, one where..... ....the great majority of us are at a very nascent phase of  negotiating the learning curve , and where fantastic hypotheses are floated courtesy this very nascence. Coinstocks.com   A 'distributed ledger-based system' is the phrase that goes around today - when asked about Blockchain. Then there is talk about proof of concept, decentralized control, hashing, and so on and so forth! For example, 'Mobility': Being in the automotive industry, I am curious to find out what it means here. While  IBM has already  forayed into what is definitely a gamechanger as far as mobility is concerned,  analysts already see  high impact applications of the technology. The backbone/lynchpin of Blockchain and what makes it a mouthwatering prospect for businesses  is this.  And these are topics which have been overtly oversimplified for us ...