Introduction of Blockchain

“Blockchain is more than just ICT innovation, but facilitates new types of economic organization and governance. Suggests two approaches to economics of blockchain: innovation-centred and governance-centred. Argues that the governance approach—based in new institutional economics and public choice economics—is most promising, because it models blockchain as a new technology for creating spontaneous organizations, ie new... Continue Reading →

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Insurance needs to wake up to blockchains!

In an interesting discussion that we were having with our banking client, their insurance department kept bragging about the state of the art technology that they were building. Head of Insurance was eager enough to call it InsurTech enabled and very sophisticated. However, surprisingly when I mentioned IoT and Blockchain and how it could impact... Continue Reading →

Quick example of a block in a blockchain

Further to our earlier post, which describes the data structure of a block in the blockchain, here is a quick example of what does the block look like   Relating it back to the post, it contains the Size, Version, Bits and Height in the chain as to where it belongs Number of transactions Merkle... Continue Reading →

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