Is blockchain just a buzzword, or can we expect real applications? If it is for real, where’s the opportunity? Xona’s thoughts on these questions are in the video below. Here, I give my own take on these questions.
One of the criticisms of blockchain technology center on power consumption and the cost of mining. The electricity consumed in mining operations is high and continues to grow as mining difficulty increases in response to increasing processing power. Some think that blockchains is wasteful technology that is not compliant with a 21st century outlook for a green economy.… Read More »
Look at how well the price of Bitcoin correlates with its search trend. As Bitcoin raced to a record high nearing $20,000 earlier this month, so were the number of searches. We can see the same thing happening in 2013-2014 when a mini hype bubble developed focusing on narrow segments of people. Today’s hype bubble is more wide-spread and… Read More »
Blockchain investments have long ceased to be the preserve of the fintech industry, having branched out over the past 2 – 3 years to different industries including health care, real estate, insurance, retail, and education to name a few. The telecom and Internet sectors are no exceptions. Focusing on the telecom space, we find that we are in… Read More »
Blockchains has evolved from a technology for cryptocurrencies to one supporting applications in multiple industries, including telecom. A few leading telcos are investigating the potential of blockchains (link). Many applications are being proposed including roaming fraud mitigation, flexible service offering or selection, IoT contracts, authentication and many use cases. However, when it comes to actual and practical solutions,… Read More »