private blockchains – DIGIT INFO

The Slow Death of Private Blockchain Tech—R3 Reportedly Explores Sale Despite Big Bank Support

DIGIT — Thu, 24 Oct 2024 18:46:22 +0000

According to a recent report, R3, the private blockchain initiative backed by several major companies—including Intel, Bank of America, and Wells Fargo—has been looking into various strategic paths, including the possibility of a sale. Sources with knowledge of the situation noted that blockchain organizations such as Ava Labs and the Solana Foundation have reportedly been […]

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McKinsey: Despite Billions of Dollars, Corporate Blockchains Have Achieved Little

DIGIT — Sun, 06 Jan 2019 19:15:38 +0000

During the last 18 months, companies have claimed to be able to use blockchain technology to improve the supply of everything from vegetables to automobiles. An increasing body of evidence, however, suggests that the reality has failed to match the hype. Also Read: Phillip Frost Agrees to Settle Riot Blockchain Related Case for $5.5M Billions […]

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Research: Corporations Fail to Deliver on Blockchain Hype, Scalability a Top Concern

DIGIT — Sun, 14 Oct 2018 16:15:39 +0000

A new report from Greenwich Associates, a provider of market intelligence and advisory services to the ﬁnancial services industry, tries to answer the question: “Why have the tech and financial industries lagged their own blockchain expectations?” It identifies technical challenges as causing corporations to fail to deliver on the hype they created around a buzzword […]

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Could Blockchain Tech Be Moving Closer to Enterprise Adoption?

DIGIT — Fri, 10 Aug 2018 22:00:14 +0000

With the vast potential of blockchain, even the staunchest of its critics seem to be coming around. That is, of course, depending on whom you speak to and which research you use. Reputable Big Four multinational Deloitte reports that three in four large companies see a compelling case for blockchain. Yet British research specialists at ... Read more

If We Can Lose Our Money, What About Our Data?

DIGIT — Tue, 24 Apr 2018 13:00:16 +0000

We hear a lot about wallets and exchanges being hacked. And about ICO scams and unfortunate investors waking up to zero balances. Investing in the crypto space is scary. The prospect of losing money is scary. But what about losing data? As Equifax so monumentally demonstrated, having one’s personal information wind up in the hands of hackers is no walk in the park either. So, would using blockchain make us any safer? If this is the technology with the potential to store the world’s data, how do we know it won’t be stolen by cyber criminals as well? And if blockchains

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