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Blockchain
Amazon has begun a commercial blockchain project called ‘Amazon Managed Blockchain’ to allow users to create their own blockchains.   The service will utilize Hyperledger Fabric and shortly, Ethereum.  Amazon Managed Blockchain falls under the Amazon Web Services umbrella, a cloud computing subsidiary powering many large websites and services, notably Netflix, GE and Comcast, among others. This...
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While still critical of cryptocurrency in the public sphere, the Bank of America (BoA) added another patent to it’s growing collection on October 30, 2018.  The bank now holds more than 50 cryptocurrency and blockchain patents.  Surpassing even Alibaba and IBM, this number is quite the contrast to the next highest bank/financial institution – the...
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On the weekend, an accomplished and well educated friend of mine had a chuckle and said: ‘I saw a spoof article the other day, but was a bit confused because it was from the CBC (Canadian Broadcasting Company, which is a pretty credible source), the article was titled: Bitcoin Mining in Medicine Hat.’  She thought...
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Blockchain is as overplayed and overexposed as Beyonce. Everyone knows her, everyone’s heard her, everyone loves her, but nobody really knows why she’s so popular. It’s the cult of personality that’s made ‘Bey’ larger than life, a psychological phenomenon. Now before you go all Kanye on me (I’m obviously on #TeamRiRi), there’s an analogy here....
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The term blockchain is constructed from two words-block and chain. In this context, a block is a set of records that constitute different data structures that represent various items such as music, bank transactions, insurance data, credit information, or any other set of data structures. These files are then encrypted to conceal the raw data...
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