What is the blockchaiNo?
Blockchain is a distributed digital accounting technology that stores information on multiple systems securely to enable peer-to-peer transactions. According to PwC, this is "creating a reliable source of" truth "that disintermedia the so-called" trust intermediaries. "Verification by virtue of secure distributed storage leads to a paradigm shift in the way we establish trust and has broad implications flow ".
Growing interest, but when to implement it?
For example, the blockchain has aroused considerable interest in India without this interest turning into something tangible in terms of major corporate technology changes, according to TechCircle.
In addition, United Airlines senior executives and UPS logistics giant think that 2019 will not be the year when the blockchain will become mainstream. according to a review on Coin Telegraph.
PwC and potential blockchain
However, the potential is certainly there. A PwC-Ficci report "Blockchain: the next innovation to make our cities smarter", technology can lead to significant cost reductions for companies.
Blockchain and energy efficiency
This does not mean that the blockchain will not increase until 2019 and many companies aim to take advantage of the technology. One example is the Dutch company Saiterm, which is trying to break the global warming market with a so-called environmentally friendly "Spring" infrared technology. This technology is based on the SAIEX coin on the Ethereum blockchain.
The technology allows users to request the return credit in the form of coins for any excess energy generated. Commenting on this, Salvatore Morale of Saiterm observes: "We believe that spring represents a huge opportunity for homeowners to reduce energy costs and protect the environment." Gas, oil and pellet boilers have undoubtedly increased the greenhouse gases over the last 50 years By embracing our infrared technology, I believe that future homeowners can live and work in maximum comfort while respecting the atmosphere at the same time ".
IBM and the automotive sector
In addition to this, as a sign of the potential of technology, a survey of 1,314 automotive industry executives who took part in the IBM Institute for Business Value and Oxford Economics, found that 62% of automotive executives believe the blockchain will be a disruptive force in the 39; automotive industry in the next two years.
In addition to the automotive sector, an article by Forbes notes that the financial sector is apparently the most likely to first go to the blockchain.