I’ll assume you’ve already heard about Bitcoin since you’re reading an article on this cryptocurrency-related website. But do you know how does it work? It’s based on a blockchain which is an public ledger for transactions that is resistant to tampering and changing data by anyone. How’s that possible? It’s quite simple in principle but very complex to achieve. This article was written by Erik Baker, Brand Manager of OneHash. Blockchain for Beginners When you make
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SAN FRANCISCO, February 10, 2016 – ascribe GmbH has announced the release of BigchainDB, a scalable blockchain database that can process one million writes per second and their first licensed user, Everledger. BigchainDB achieves one million writes per second with sub-second latency and petabytes of capacity in a federated blockchain database. BigchainDB allows developers and enterprises to deploy blockchain applications and platforms at scale, formerly a limiting factor in getting sandbox proof-of-concepts into production systems.
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Counterfeit goods and ingredient sis a major threat to not just the financial ecosystem, but to the health of consumers around the world. Boston Scientific is the latest company being called out on using counterfeit ingredients, which could severely affect consumer health. If only these companies had used blockchain technology to ensure all of the materials used were genuine, this class action lawsuit would have been prevented. Also read: Adyen Can Bring Bitcoin To Major