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A killer app is a specific use case for a new technology that makes the public view it as supreme to other offerings, and as such, it is mainstream. Many have argued that a killer app is what has held blockchain back from being mainstream. Skeptics suggest that if blockchain were to have a killer application, it would have happened by now (after all, Bitcoin has been around for over ten years now). However, enthusiasts counter blockchain doesn’t require a killer app. It is a killer app. These perspectives all differ significantly, so what is the right answer?

While we can’t say for sure, we can provide you with some context. Namely, what are some of the possibilities for a killer app that might be worth keeping on the radar? And what is holding back all businesses from implementing their own? …

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Today’s supply chains are more complex than ever before, with links and information existing between parties that are geographically dispersed worldwide. The resulting complexity and lack of transparency into a supply chain’s inner workings have resulted in many looking to blockchain as the potential solution to transform the logistics industry. This industry is also believed to benefit from growing trends which suggest responsible sourcing and better visibility into trusted data are two trends consumers and supply chain participants value.

Even with pilots in place, many still wonder just how far off the widespread adoption of blockchain in supply chain is since it seems to be only the large enterprises that have embraced this new technology. Our belief? It is only the availability of the technology in a cloud-based solution like Arckadl, that is holding blockchain back from supply chain use cases. …

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2020 was anything but predictable. As a result of an ever-changing environment, traditional business models and consumer expectations have continued to change rapidly and make the concept of a business-wide transformation, an essential step for businesses to survive. Although there is no clear solution for adaptation, one technology has continued to remain at the forefront of the business community across all industries. As you might have guessed, this technology is the distributed ledger known as the blockchain. With blockchain, businesses are equipped to change the way (or transform) the processes underlying critical functions and paving the way for added value.

What is Business Transformation?

Business transformations are used as a change management strategy to adjust the ways a business operates. …

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We agree that the talk around Blockchain being the next big thing in technology has been happening for a while now. Still, failure to see widespread adoption has led some to express alternate viewpoints as to why the technology has yet to see wide adoption. To debunk this, we wanted to highlight some of the key reasons why the technology has yet to experience widespread use and why we believe it is only a matter of time before Blockchain becomes mainstream.

The Infrastructure Is Expensive

One of the most significant barriers is the cost. Back In 2016, Bundesbank and Deutsche Boerse launched a project to manage financial transactions in Blockchain and…

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When many of us think of blockchain, we can quickly think of anything to do with Bitcoin and cryptocurrency payments. However, the blockchain has since evolved far beyond a decentralized peer-to-peer electronic cash system favouring a far-reaching infrastructure that many sectors continue to adopt. Until recently, only large enterprises had the resources and capabilities to fund innovations in the early years of blockchain technology. However, like websites were once lengthy and expensive to develop, the Arckadl team believes that blockchain infrastructure can soon be packaged similarly to allow for widespread adoption by all businesses.

Providing Blockchain-as-a-Service (Baas) to businesses can allow businesses to take full advantage of the capabilities it has to offer while leveraging one of the top trends in IoT for 2020. Before deciding that blockchain is necessary for your business, we encourage you to consider some of the business problems that companies are already solving, regardless of the industry. …

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The Internet of Things (IoT) has no doubt been on the list of emerging trends your business has kept watch for in the last few years. Loosely defined, IoT has become known as the wide-scale networking of devices, computers and even personal technology like watches. According to McKinsey & Company, by 2025, the economic impact of the Internet of Things is expected to surpass topics including “Cloud technology,” “Mobile Internet,” and “Automation of Knowledge Work.” …

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“A new approach to the cloud — one based on a federated model — will be increasingly important for cloud providers and users alike.” — DataCentre Knowledge

Our global ecosystem continues to transition towards an age defined by managing sheer amounts of data. The solution, in part, has been a transition to Cloud-based technology. However, there still exists concerns about costs and security. As a result, the Cloud Federation continues to gain traction for its ability to be power-efficient, cost-effective, and adapt to constant changes in the number of cloud resources and services required securely through innovative connectivity.

Businesses continue to look to the Cloud Federation as being the unionization of software, infrastructure and platform services from different networks that can be accessed by a client through the internet. The federation clearly outlines what each member is offering and enforces rules that standardize members’ commitment to overall performance. The federation of cloud resources is managed by network gateways that connect public clouds, private clouds and community clouds to create a hybrid cloud computing environment. …

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The Internet of Things (IoT) represents a web of devices and systems that are interconnected through the Internet. But the concept means much more than that. Data, which is considered by many to be the “new oil”, is at the heart of the IoT movement, creating valuable benefits for modern businesses of every size.

From heat and moisture sensors that keep our food supply safe, to IoT devices that transmit pacemaker readings to doctors, and real time data analytics for making spot on business decisions, the Internet of Things takes business to another level.

But some companies are falling behind. Let’s take a look at the pros and cons of using IoT for business, and examine why some enterprises are reluctant to integrate IoT. Then, we will talk about a solution that will level the playing field. …

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The Internet of Things (IoT) has created an explosion of data that enables companies to become more efficient and more relevant. But it’s also generated a host of concerns about how this data is managed and secured.

A 2019 study by the International Data Corporation (IDC) estimated that there would be 41.6 billion connected IoT devices by 2025, generating 79.4 Zettabytes of data.

To put that in perspective, 1 Zettabyte = 1021 or 1,000,000,000,000,000,000,000 Gigabytes.

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Software Defined Data Integrity (SDDI) is an integral part of Arckadl’s Blockchain Session Controller™. Because of SDDI, enterprises have a seamless routing solution that breaks down different types of data and sends it automatically and securely to where that data is meant to go.

With Arckadl’s use of SDDI in conjunction with cloud and blockchain technologies, enterprises and service providers select which data is shared and which is kept private. SDDI allows for a tamper resistant and real time method of asset and data separation, and while enabling companies to set up data routing according to their unique specifications. …

About

ARCKADL Inc

Arckadl is a global company with an enduring commitment to the foundation of all trusted ecosystems using blockchain technology.

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