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Blockchain – revolutionising supply-chain management

Digital ledger technology offers accountability and cost-effectiveness, reducing risk Consumer goods companies and retailers face a considerable supply-chain challenge: to remain competitive, they are sourcing and manufacturing their products around the world to get the highest quality for the best price. At the same time, customers are increasingly concerned about the provenance of their food, [...]

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Blockchain, Corporate - 3 weeks ago

Blockchain implementation: slow but real

Earlier this month, Citigroup boss Mike Corbat, who oversees one of the world’s biggest banks, adopted a cautious tone when asked about blockchain technology path to mainstream adoption.  Corbat was quoted as saying that, “the expectations and the pace of implementation far exceed…what’s there.” The mainstream media jumped on Corbat’s comments and, not for the first [...]

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Blockchain, Corporate, Technology - 2 months ago

Incentivising employees in the age of blockchain

Implementing an appropriate and effective remuneration and incentive policy for management and employees is a key driver for a successful business.  Traditionally, incentive plans have included bonus schemes, share option schemes and other share-based arrangements.  These plans can be used to strategically incentivise certain employee behaviours, though they are not without their drawbacks.  We routinely [...]

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Blockchain, Corporate, Employment, Technology - 4 months ago

Blockchain 101: what is a smart contract?

In our previous articles, we have explored blockchain, cryptocurrencies and ICOs.  This article focusses on the smart contract or, more precisely, the blockchain-based smart contract. What is a smart contract? While they might be called smart contracts they, rather confusingly, are neither smart nor contracts.  The concept was conceived in 1994 by Nick Szabo, who [...]

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Blockchain, Corporate, Technology - 5 months ago

Why ICOs will be the next Big Bang

Believers in a much more limited role for the state have been on the losing side of history more times than it is possible to count. Cryptocurrencies and the issue of non-currency crypto tokens in material part grew out of an anarcho-libertarian vanguard of technologists and investors. Initial Coin Offerings (ICOs) – the offering of [...]

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Blockchain, Corporate - 7 months ago

The rise of crypto-collectibles

With Bitcoin’s valuation at an average of US$7,000 in August 2018 (its highest valuation was at US$19,8321 in December 2017), everyone is talking about the burst of the ‘Bitcoin bubble’. But is US$7,000 the burst of an asset ‘bubble’? This all depends on whether Bitcoin is seen as equivalent to Digital Tulip Bulbs or Digital [...]

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Blockchain - 7 months ago

Blockchain 101: an introduction

The terms 'cryptocurrency' and 'blockchain' are often used interchangeably by the general population. It is vital that we understand that these terms are very different, however. [...]

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Blockchain, Technology - 8 months ago

Can I get my Bitcoins back?

Recent cyber-attacks have followed an all too familiar pattern: targeting unpatched operating systems of large businesses or government institutions, then demanding ransoms paid in Bitcoin. Those who weren’t already aware of Bitcoin certainly are now. Whilst the abuse of Bitcoin by anonymous criminals may sully its reputation amongst the population at large, its rapid growth [...]

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Blockchain, Cyber - 2 years ago

Blockchain

How would your job change if there was a record of client transactions in the cloud that was perfect, indisputable and uneditable? Blockchain is the technology making that a reality. The term Blockchain is slowly creeping in to popular vernacular. To many it is an alien concept loosely linked to the virtual currency, Bitcoin, which [...]

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Blockchain, Technology - 2 years ago