And imagine the hyperledger linked to the smart contract. A new kind of compliance measure?
" .... Most people know alternative currencies such as bitcoin make use of a distributed transaction ledger technology called blockchain. But what isn’t well-known is how numerous businesses are investing heavily in blockchains for noncurrency applications.
Blockchain Technology Poised to Grow
Last month, the Linux Foundation announced a major new initiative called Hyperledger, which will create one of the largest open-source projects ever attempted. The goal is to build blockchains with a series of standard protocols and processes that could be used by a wide variety of industries both in and outside of the financial services sector, including manufacturing. The first set of computing partners includes IBM, Intel, VMware and Cisco, among dozens of other companies. ....
Tuesday, February 16, 2016
Blockchain Ledger: Hyperledger
Labels:
Blockchain,
Fintech,
Hyperledger,
IBM,
Security,
Smart Contracts
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