private blockchain

This Former US Marine Is Changing The Face Of Law Through The Use Of Smart Contracts | Forbes

February 20, 2019

Speaking about this, Casey Kuhlman, CEO and co-founder of Monax, which is a member of the Enterprise Ethereum Alliance (EEA), said that other companies have built systems to help them understand where their money is, where their inventory is, and where their employees are in terms of their holidays. “But what drives money, and inventory,…

Terence Corcoran: Blockchain’s groundbreaking, world-shaking, life-changing technology revolution has been cancelled | Financial Post

January 10, 2019

The biggest obstacle to widespread blockchain adoption, says Higginson, is what business theorists call “co-opetition,” a fancy word referring to when competitive companies and industries agree to share information. Getting there is a problem. “Resolving the co-opetition paradox and clearing a path to majority adoption seems like the most important obstacle,” said Higginson. Due to the co-opetition problem, the implementation of blockchain pilots is “plagued by either a single player pushing their monopoly solution” or there is “no single organization taking the lead to invest sufficiently to move from pilot to enterprise-scale implementation.”

Source: Terence Corcoran: Blockchain’s groundbreaking, world-shaking, life-changing technology revolution has been cancelled | Financial Post, Terence Corcoran, January 9, 2019

A Former Blockchain Believer Explains Why It Will Never Benefit Corporations – Bloomberg

November 20, 2018

On this week’s episode of Odd Lots we speak to Angus Champion de Crespigny, who formerly advised companies on how to use blockchain technology, but who now believes that ultimately it won’t get them anywhere. In our discussion, he explains the limitations of the technology, and where he sees actual opportunities.

Why Blockchain May Never Benefit Corporations by Odd Lots

Why Blockchain May Never Benefit Corporations

As someone who’s been involved in both public and private blockchain development, there is an element of truth to Angus’ statements. But advisors at various projects probably said the same of Electronic Data Interchange (EDI) back in the early 70s, if they were born yet 🙂

Enterprise/private blockchain is EDI, re-architected.

— Steven

Source: A Former Blockchain Believer Explains Why It Will Never Benefit Corporations – Bloomberg, Joe Weisenthal and Tracy Alloway, November 19, 2018