CIOAdvisor Apac

  • Home
  • Conference
  • Newsletter
  • Whitepapers
  • News
  • Subscribe
  • About Us
  • Specials

  • Menu
      • Application Security Testing
      • Artificial Intelligence
      • Augmented and Virtual Reality
      • Backup and Storage
      • Blockchain
      • Cloud
      • Contact Center
      • Data Analytics
      • Digital Marketing
      • E-Invoicing
      • Ecommerce
      • Emerging Technology
      • Enterprise Mobility
      • GIS
      • Govt Tech
      • Human Capital Management
      • Human Resource
      • IoT
      • ISP
      • IT Service Management
      • Leadership Development
      • LMS
      • Logistics
      • Machine Learning
      • Machine Vision
      • Managed Print Services
      • Marketing Technology
      • Mobile Application
      • Parking Management
      • Payment And Card
      • Risk Management
      • Robotics
      • RPA
      • SDN
      • Staffing and Recruitment Services
      • Telecom
  • Cloud
  • Contact Center
  • GIS
  • ISP
  • Logistics
  • Machine Vision
  • E-Invoicing
Specials
  • Specials

  • Application Security Testing
  • Artificial Intelligence
  • Augmented and Virtual Reality
  • Backup and Storage
  • Blockchain
  • Cloud
  • Contact Center
  • Data Analytics
  • Digital Marketing
  • E-Invoicing
  • Ecommerce
  • Emerging Technology
  • Enterprise Mobility
  • GIS
  • Govt Tech
  • Human Capital Management
  • Human Resource
  • IoT
  • ISP
  • IT Service Management
  • Leadership Development
  • LMS
  • Logistics
  • Machine Learning
  • Machine Vision
  • Managed Print Services
  • Marketing Technology
  • Mobile Application
  • Parking Management
  • Payment And Card
  • Risk Management
  • Robotics
  • RPA
  • SDN
  • Staffing and Recruitment Services
  • Telecom
×
#

CIO Advisor APAC Weekly Brief

Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from CIO Advisor APAC

Subscribe

loading
  • Home
  • News
Editor's Pick (1 - 4 of 8)
left
How Cloud Migration Fueled Digital Transformation and Global Growth for ACI Specialty Benefits

Ryan Fay, Global CIO, ACI Specialty Benefits

Configuration Management Technology and Its Use in Information Technology Management Operations

Kelly Summers, CHCIO, SVP & CIO, Maricopa Integrated Health System

The Advent of Crypto

Grant Brett, CIO, Forex Club

Supporting Business with the Right Technology

Andy Jurczyk, CIO, Seyfarth Shaw LLP

A Closer Look at Block Chain Technology

John Shea, CIO, Eaton Vance

Blockchain - A Case of When Not if.

Tara Richards, Head of Digital, QSuper

Why Fintech Professionals are Needed in the Blockchain and Crypto Industry

Sidharth Sogani, Founder & CEO, CREBACO Global Inc

Blockchain Poised to Revolutionize Supply Chain Management

Darian McBain, Global Director, Corporate Affairs and Sustainability, Thai Union Group

right

THANK YOU FOR SUBSCRIBING

Enabling Businesses to improve their Transparency and Security

By CIOAdvisor Apac | Tuesday, November 19, 2019
Tweet

It’s all about blockchain today; the shared database technology is the next big trend. It was argued that blockchain could help end poverty and fraud in financial systems or any centralized system of control. The breakthrough in bitcoin and the technological communities that are approaching the digital currency has led to an extremely new format for blockchain to be defined as a distributed ledger. By taking advantage of these benefits, industries have come up with numerous ideas to use blockchain technology on their platform.

The blockchains’ cryptographic algorithms make data more private for consumers. Blockchain enables reliable peer-to-peer messaging and has already demonstrated its value in the world of financial services through cryptocurrencies such as bitcoin, providing guaranteed peer-to-peer payment services without the need for brokers from third parties.

The combination of the Internet of Things and blockchain would offer unprecedented opportunities for companies and public sectors, and the technology now seems to be a missing link to IoT privacy and security. Data quickly becomes one of the most valuable resources in the world. The market capitalization list of the top ten companies is now dominated by Facebook, Microsoft, Apple and Amazon data-centered companies. Blockchain secures data using the distributed storage software; encrypts data so that authenticated users can only access it. Distribute files over a network to provide all user files, even if part of the network is down.

When blockchain is applied, the infrastructure would be in place to make and accept payments, track contracts, and check users. No solutions for external payment or verification could be found and implemented. Blockchain allows verified contributors to store, view, and share digital information in a safe environment that promotes business relationship trust, accountability, and transparency. Etherparty, a blockchain software platform, enables users with zero contract programming knowledge to create an enforceable digital agreement for all types of transactions.

Better security and new opportunities and incentives for gaming are some of the benefits that blockchain can bring to a virtual gaming experience. Not only large technology companies but also startups have begun to invest more time and money to develop the blockchain game. It is clear that blockchain is a powerful cross-company transformation engine, which offers a competitive advantage, significantly increases revenue, and reduces costs.

Check out: Top Managed Security Service Companies in APAC

tag

Blockchain

Microsoft

IoT

Read Also

3 Ways Blockchain Help Banking & Finance

3 Ways Blockchain Help Banking & Finance

China's Blockchain Industry Continues to Excel

China's Blockchain Industry Continues to Excel

Interesting Facts About the Asia-based Blockchain Startups

Interesting Facts About the Asia-based Blockchain Startups

Can Blockchain Networks Retain their Unhackable Status for Long?

Can Blockchain Networks Retain their Unhackable Status for Long?

Weekly Brief

loading

Featured Vendors

  • MVI Technologies: Innovative, Future-proof Financial and Payment Switching
    MVI Technologies: Innovative, Future-proof Financial and Payment Switching
  • Dell Technologies: Transforming the Present for the Future
    Dell Technologies: Transforming the Present for the Future
  • SAP Litmos: Where Learning Innovation is The Name of The Game
    SAP Litmos: Where Learning Innovation is The Name of The Game
  • Unis WDC: High-Performance Intelligent Storage Solutions
    Unis WDC: High-Performance Intelligent Storage Solutions
ON THE DECK

Logistics 2019

Top Vendors

RPA 2019

Top Vendors

Previous Next

TECH News

  • Data Safety: Different Types of Storage Solutions
    Data Safety: Different Types of...
  • A Step-by-Step approach to Web Application Security Testing
    A Step-by-Step approach to Web...
  • 3 Ways to Improve Your Customer Experience
    3 Ways to Improve Your Customer...
  • How E-invoicing will turn India's Economy into a Digital?
    How E-invoicing will turn India's...
View More ›

Copyright © 2019 CIO Advisorapac. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy |  Sitemap

follow on linkedinfollow on twitter
This content is copyright protected

However, if you would like to share the information in this article, you may use the link below:

https://www.cioadvisorapac.com/news/enabling-businesses-to-improve-their-transparency-and-security-nwid-1301.html