Blockchain

Blockchain Community

Welcome to the JAAGNet Community for BlockChain.

BlockChain is a diverse technology area and will cover many subjects such as the use of this technlogy in applications, from crypto currencies to digital gaming!  It is an extremely exciting technology and one that will impact both our working and personal lives.

Blockchain is a distributed database existing on multiple computers at the same time. It is constantly growing as new sets of recordings, or 'blocks', are added to it. Each block contains a timestamp and a link to the previous block, so they actually form a chain. 

 Let's start of with a definition:

noun blockchain
/ˈblɒktʃeɪn/
  1. a system in which a record of transactions made in bitcoin or another cryptocurrency are maintained across several computers that are linked in a peer-to-peer network.
    "we can actually have a look at the blockchain and see evidence of what's going on"

 

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Platinum Level Contributor

Welcome to the Blockchain Forum

  Welcome to the JAAGNet Forum on Blockchain.. The Blockchain Forum is a vehicle to have us set major discssion topics that's hot in the  Blockchain arena and for members to be able to pass comments on those topics and then comment on the comments etc. Our world is evolving quickly and Blockchain is going to continue to change the way we transact business using "Distributed Ledgers" and this will affect our commercial lives (both business and personal) dramatically. It overlaps with FinTech,…

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Gold Level Contributor

DBS is the first Asian bank to successfully close a trade financing transaction on Ant Group's blockchain platform Trusple.

Launched in September, Trusple - a contraction of 'trust made simple' - works by generating a smart contract once a buyer and a seller upload a trading order on the platform. As the order is executed, the smart contract is…
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Gold Level Contributor

China’s 14th five-year plan outlines the country’s economic priorities and stressed that technology will play an increasingly important large role.

Blockchain technology was mentioned for the first time ever in a draft of China’s national five-year policy plan, the final version of which was approved by lawmakers and advisers at the end of an annual…

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Bronze Level Contributor

Worldline to lead EU blockchain project

The European Commission has appointed Worldline to lead the 'TruBlo' project, aimed at using blockchain technology to ensure the exchange of reliable content on social networks and in the media.

Introduced as part of the European Commission’s Next Generation Internet initiative, TruBlo is set to last three years and each of the projects that it…
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Silver Level Contributor

(Oksana.perkins/Shutterstock)

Australia’s blockchain and cryptocurrency companies need more support from the federal government and regulators to boost confidence within the country’s business sector, according to Steve Vallas, CEO of advocacy body Blockchain Australia.

Speaking at the…

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Bronze Level Contributor

ANZ, Commonwealth Bank of Australia, Westpac, IBM and Scentre Group are to formally launch a blockchain-based platform that reduces the time to issue a bank guarantee from one month to one day.

The move to commercialise the product follows a successful pilot with 20 businesses in 2019 that transformed the cumbersome, paper-based, slow and costly…
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Silver Level Contributor

Image - Unsplash - Hakan Nural

Ever since the coronavirus pandemic struck the world, the entire globe has been eyeing the pharmaceutical industry for a vaccine that will effectively combat the virus.

It is hard to realize that the scientists who have been competing to develop the vaccine for the COVID-19 have done this within a year of its…

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