Tags Posts tagged with "Blockchain"

Blockchain

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IBM on Monday unveiled the first enterprise-ready Blockchain as a Service offering based on The Linux Foundation’s open source Hyperledger Fabric version 1.0.

IBM Blockchain, which lets developers quickly establish highly secure blockchain networks on the IBM cloud, is a transformative step in being able to deploy high-speed, secure business transactions through the network on a large scale, the company said.

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Planes, trains, automobiles? Not quite yet: Factory 2050 in Sheffield, UK, isn’t building anything you can buy. Instead, the brains behind the project are rethinking the manufacturing process itself, aiming to change how we make everything from airplanes to nuclear power plants.

Inside the factory, things are looking a little unfinished. It opened in January, and the team from the University of Sheffield’s Advanced Manufacturing Research Centre (AMRC) are still moving in. The place is sparkling clean, and smells like a newly furnished IKEA, but it’s gearing up to change the way whole industries work by applying virtual reality, robotics and bitcoin’s blockchain.

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For the first time, the US Securities and Exchange Commission (SEC) is allowing a company to issue public shares using the technology behind Bitcoin. The honor went to Overstock, which was also the first retailer to accept Bitcoins from the public for purchases.

It built its own crypto-currency tech via a subsidiary called T0 (T-Zero), and uses open-source Colored Coins to issue stock in the form of “blockchains,” a type of electronic ledger.

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