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The CEO of Civic Vinny Lingham believes that the adoption of blockchain will be based on showing real use cases as his company collaborates with Johnson Controls of Fortune 500Provided
Johnson Controls, a multinational conglomerate that produces automotive parts such as batteries, electronic equipment and HVAC for buildings, classified 70th in the Fortune 500 list, has taken measures to integrate blockchain technology.
The company has partnered with the blockchain Civic secure identity solution to advance its access management system to its buildings. This partnership means tens of thousands of visitors to Johnson Controls buildings around the world will gain exposure to the blockchain and protect their identity through the Civic app.
It is an important step not only for the Civic and Johnson controls, but also for the progress of the blockchain with Street number CEO Vinny Lingham weighs on the partnership. The well-known voice in the blockchain and cryptocurrency spheres believes that this type of additions and use cases for Blockchain will be the driving force for the mass adoption of technology.
While the cryptocurrency space is suffering in a bear market, caused by speculators pushing the price of Bitcoin to nearly $ 20,000 almost a year ago, the expansion of the blockchain and its adoption are still moving forward. Lingham says, "This is the first major use case for a large company that now uses blockchain," he told Forbes.
Access decentralized blockchain
Johnson Controls is no stranger to cutting-edge technologies based in Cork, Ireland "the most elegant building in all of Ireland"They are using Internet of things in their Johnson Controls Smart Equipment, which leverages built-in controls and secure connectivity to reduce the risk of downtime and improve maintenance, while optimizing efficiency and reducing energy costs.
Now they have reached the Civic, one of the main Identity blockchain solutions, to provide visitor identity verification for Johnson Controls smart buildings. The Civic Secure ID platform (SIP) will integrate with Johnson Controls' C-CURE 9000 security and event management systems to provide secure visitor management with more privacy and data protection, as explained in Press release.
For Lingham, the greatest importance of this is that there is evidence of a large company, employing 170,000 people in more than 1,300 locations across six continents, using blockchain to serve a real purpose.
"People do not care about Blockchain, by themselves, I mean who cares?", Lingham began. "It's more about what it can do, what is its usefulness? I think we need little steps, for now, let's make people feel comfortable with technology and what it can do, and why it's better. it's the short-term victory here, "explained the CEO about this partnership.
Lingham continued to express the greatness of this partnership for blockchain adoption in general.
"This is the first major use case for a massive company that is now using blockchain, and we think it's a big deal, because if you look at the size and size of this company, if all the check-ins they move towards blockchain-based check-ins, it's a big volume that goes through it ".
For a company like Johnson Controls, which strives to operate with intelligent buildings, the move to the blockchain is not only smart but predictable. The technology makes the check-in process more efficient and opens it with additional useful features.
"What is the best way to verify someone's information without having to archive it?" Lingham said rhetorically, referring to the blockchain and how it can simplify the process for a company like Johnson Controls. "It's an access control mechanism – you want to show that the person who should be in a meeting, at some point in time, is the person who is there, and when that happens, there's no reason to store the data."
"This is an example of a case of use for Blockchain and, depending on the security of each building, depending on the client, they will have different needs and we can adapt to it, but the point is that now you can use blockchain – is a case of real use other than money transfer. "
The need for use cases
The emergence of the blockchain in public consciousness was undoubtedly driven by the prominence of Bitcoin and other cryptocurrencies as their history permeated the media, entered the financial and economic spheres, and attracted billions of dollars in speculative investment.
However, with the market currently at a very low point, many of these speculators are evacuating the cryptocurrency market. This loss of confidence in cryptocurrencies as a store of value, however, does not affect the progress of the blockchain.
Blockchain is in its rush to reach critical mass and mass adoption, but as Lingham reiterates, it is evidence that blockchain can deliver value, both consumerist and corporate, that will help move technology.
"Many speculators are burning their hands," added Lingham. "I've been on how we need to have real use cases, driving the adoption of blockchain .You can not have a situation in which it is purely speculative and about future value."
"So, where is the true business value that will be driven? [in regards to blockchain] And 'value of the consumer or business value? We think [Civic’s partnership with Johnson Controls] it's a mixture of both. It is easier for consumers – people who participate in the business meeting – to access and verify the ID. So it is a real problem that we are solving. From a business perspective, if someone comes into your office, how do you know it's the same person? "
Demonstrate its value
Blockchain has been bragged and evangelized along with cryptocurrencies in recent years, however, the potential has been predominantly hypothetical. The ICO have been the main supporters of this empty technology evangelization, promising undue and impossible about how their blockchain solution can disturb and change entire sectors in our daily lives.
From the interruption of the entire financial sector, to the demolition of the banks, the cryptocurrencies and the ICO blockchain solutions have disappeared. However, the likes of Civic and other more successful blockchain companies are trying to show cases of use of the real world that are not unobtainable.
"With Civic we were intentional about our intentions and the way we do things, I think this demonstrates about the partnerships we are closing the deal we are making," concluded Lingham.
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The CEO of Civic Vinny Lingham believes that the adoption of blockchain will be based on showing real use cases as his company collaborates with Johnson Controls of Fortune 500Provided
Johnson Controls, a multinational conglomerate that manufactures automotive parts such as batteries, electronic equipment and HVAC for buildings, ranked 70th in the Fortune 500 list, has taken steps to integrate blockchain technology.
The company has partnered with the blockchain Civic secure identity solution to advance its access management system to its buildings. This partnership means tens of thousands of visitors to Johnson Controls buildings around the world will gain exposure to the blockchain and protect their identity through the Civic app.
It is an important step not only for the Civic and Johnson controls, but also for the progress of the blockchain with the civic CEO Vinny Lingham, which weighs on the partnership. The well-known voice in the blockchain and cryptocurrency spheres believes that this type of additions and use cases for Blockchain will be the driving force for the mass adoption of technology.
While the cryptocurrency space is suffering in a bear market, caused by speculators pushing the price of Bitcoin to nearly $ 20,000 almost a year ago, the expansion of the blockchain and its adoption are still moving forward. Lingham says, "This is the first major use case for a large company that now uses blockchain," he told Forbes.
Access decentralized blockchain
Johnson Controls is no stranger to avant-garde technology based in Cork, Ireland, considered to be "the most elegant building in all of Ireland". They are using the Internet of Things in their Johnson Controls Smart Equipment, which leverages integrated controls and secure connectivity to reduce the risk of downtime and improve maintenance, while optimizing efficiency and reducing energy costs.
Now they have reached the Civic, one of the main Identity blockchain solutions, to provide visitor identity verification for Johnson Controls smart buildings. The Civic Secure ID (SIP) platform will integrate with Johnson Controls' C-CURE 9000 security and event management systems to ensure secure visitor management with greater data protection and privacy, as explained in a press release.
For Lingham, the greatest importance of this is that there is evidence of a large company, employing 170,000 people in more than 1,300 locations across six continents, using blockchain to serve a real purpose.
"People do not care about Blockchain, by themselves, I mean who cares?", Lingham began. "It's more about what it can do, what is its usefulness? I think we need little steps, for now, let's make people feel comfortable with technology and what it can do, and why it's better. it's the short-term victory here, "explained the CEO about this partnership.
Lingham continued to express the greatness of this partnership for blockchain adoption in general.
"This is the first major use case for a massive company that is now using blockchain, and we think it's a big deal, because if you look at the size and size of this company, if all the check-ins they move towards blockchain-based check-ins, it's a big volume that goes through it ".
For a company like Johnson Controls, which strives to operate with intelligent buildings, the move to the blockchain is not only smart but predictable. The technology makes the check-in process more efficient and opens it with additional useful features.
"What is the best way to verify someone's information without having to archive it?" Lingham said rhetorically, referring to the blockchain and how it can simplify the process for a company like Johnson Controls. "It's an access control mechanism." You want to show that the person who should be in a meeting, at some point in time, is the person who is there, and when that happens, there's no reason to store the data. ".
"This is an example of a case of use for Blockchain and, depending on the security of each building, depending on the client, they will have different needs and we can adapt to it, but the point is that now you can use blockchain – is a case of real use other than money transfer. "
The need for use cases
The emergence of the blockchain in public consciousness was undoubtedly driven by the prominence of Bitcoin and other cryptocurrencies as their history permeated the media, entered the financial and economic spheres, and attracted billions of dollars in speculative investment.
However, with the market currently at a very low point, many of these speculators are evacuating the cryptocurrency market. This loss of confidence in cryptocurrencies as a store of value, however, does not affect the progress of the blockchain.
Blockchain is in its rush to reach critical mass and mass adoption, but as Lingham reiterates, it is evidence that blockchain can deliver value, both consumerist and corporate, that will help move technology.
"Many speculators are burning their hands," added Lingham. "I've been on how we need to have real use cases, driving the adoption of blockchain .You can not have a situation in which it is purely speculative and about future value."
"So, where is the true business value that will be driven? [in regards to blockchain] And 'value of the consumer or business value? We think [Civic’s partnership with Johnson Controls] it's a mixture of both. It is easier for consumers – people who participate in the business meeting – to access and verify the ID. So it is a real problem that we are solving. From a business perspective, if someone comes into your office, how do you know it's the same person? "
Demonstrate its value
Blockchain has been bragged and evangelized along with cryptocurrencies in recent years, however, the potential has been predominantly hypothetical. ICOs have been the main proponents of this empty technology evangelization, making unjustified and impossible promises about how their blockchain solution can disturb and change entire sectors in our daily lives.
From the interruption of the entire financial sector, to the demolition of the banks, the cryptocurrencies and the ICO blockchain solutions have disappeared. However, the likes of Civic and other more successful blockchain companies are trying to show cases of use of the real world that are not unobtainable.
"With Civic we were intentional about our intentions and the way we do things, I think this demonstrates about the partnerships we are closing the deal we are making," concluded Lingham.
