Tasks and News

Share your opinion about the future of blockchain and get featured in our medium blog post! | Posted 8 months ago
Hello crowdholders, We know that there are many crypto lovers here who are happy to discuss the best altcoins, blockchain projects, decentralization and other intriguing topics. And we also want to start some discussion rolling and even make a post out of it! We propose you to brainstorm a little bit and come up with the ideas about the spheres for blockchain technology to expand. Banking, insurance, and financial spheres are obvious answers, but could you come up with some unexpected, or even shocking opportunity to use blockchain? The best submissions will be used in our medium blog – on top of that, we won’t forget anyone’s contribution and list the names of co-authors in the post. This way we are all truly involved in co-creation! You should write about possible applications for blockchain technology, how you see this technology in 5 or 10 years, in which ways and in what spheres it can be used. Focus on not obvious spheres: for example, you can think about how to use blockchain in healthcare, environment, elections, or any other non-financial fields. Please write at least 100 words to be included in our medium blog post. If you have your medium username to tag you, share it in the comments as well. These are some inspirational quotes to go in the right direction with your thoughts. ;) “Bitcoin is just one example of something that uses a blockchain. Cryptocurrencies are just one example of decentralized technologies. And now that the Internet is big enough and diverse enough, I think we will see different flavors of decentralized technologies and blockchains. I think decentralized networks will be the next huge wave in technology. The blockchain allows our smart devices to speak to each other better and faster.” Melanie Swan, author of “Blockchain: Blueprint for a New Economy by Swan, Melanie (2015) Paperback” "Blockchain solves the problem of manipulation. When I speak about it in the West, people say they trust Google, Facebook, or their banks. But the rest of the world doesn’t trust organizations and corporations that much — I mean Africa, India, the Eastern Europe, or Russia. It’s not about the places where people are really rich. Blockchain’s opportunities are the highest in the countries that haven’t reached that level yet.” – Vitalik Buterin, inventor of Ethereum “Blockchains for all What are these enthusiasts on about? The ‘blockchain’ technology behind bitcoin could prove to be an ingredient of an entire new world of technology, as big as the internet itself, a wave of innovation that drives the middleman out of much commerce and leaves us much more free to exchange goods and services with people all over the world without going through corporate intermediaries. It could radically decentralise society itself, getting rid of the need for banks, governments, even companies and politicians.” – Matt Ridley, author of “The Evolution of Everything: How New Ideas Emerge” Tips are available.
Project: Crowdholding | Rewards: 4000 YUP
AERGO - Blockchain fuel for autonomous business | Posted 11 months, 4 weeks ago
The blockchain is an invention that introduces for the first time, an incorruptible digital database of transactions that does not suffer from the points of failure (as well as security issues) found in traditional databases. Blockchain technology provides three major characteristics that are important for businesses: Security — Transparency — Trust However, the use of existing blockchain solutions creates many problems for existing businesses. This is mainly due to missing capabilities and the lack of control over key features of blockchain. As such, most projects are only used for simple proof-of-concept test-cases. Despite many such projects, the evolution of the blockchain stack (for serious business usage) has stagnated. Difficult enterprise IT integration and a lack of developer-friendly and easy-to-use software tools are major factors here. Many implementations also lack the enterprise grade capabilities that are critical to run real business applications in both private and public deployments. AERGO aims to advance enterprise blockchain, by opening up a new era of mass market usage of blockchain. An era where businesses can easily benefit from both public and private blockchain innovation, allowing them to focus on building, deploying and managing new services. In short, the AERGO Project aims to provide, 1) advanced, yet friendly and easy to use technology for a very broad range of developers and contractors, 2) a secure and fast public and private blockchain cloud architecture that is built for businesses, and 3) an open ecosystem for third parties, developers and businesses to connect and engage in. AERGO’s platform will enable enterprises and developers to easily design, build and deploy their own blockchain applications within the cloud. The platform offers the possibility for creators to tailor their blockchain and applications to their needs, by giving them the choice to run across either a public or private network. By being able to leverage and combine the different characteristics, found in public and private blockchains, enterprises and developers have maximum flexibility and choice, when designing innovative applications and services. Hosting everything on a secure distributed cloud network, removes significant cost and other overheads faced by businesses when they typically establish their own physical infrastructure to run blockchain protocols and applications.   Please read our Whitepaper for more details: https://paper.aergo.io/AERGO_Whitepaper_v5.2.pdf   What are your thoughts about AERGO project? What challenges and difficulties we might face? And what advantages and opportunities we have? Please share your ideas with us. We are looking forward to your contribution!
Project: AERGO | Rewards: 2000 YUP
Blockchain technology : changing the world of business silently | Posted 1 year, 9 months ago
The world is starting to wake up to cryptocurrencies, nowadays if you ask most people about Bitcoin, they will have an answer for you. But the term “Blockchain” is still unknown to the general public as a whole. Blockchain isn’t a in-your-face innovation that you can see and touch such as a smartphone. But with the world continually progressing to online applications and transactions, blockchain is the answer to the question that has plagued skeptics since the birth of the internet: How can we collectively trust what happens online? In this article, Crowdholding will look into blockchain technology and how blockchain technology is revolutionizing businesses. What is a blockchain? A blockchain fundamentally is an extremely simple concept. Think of it as a record book that everyone can see and no one can alter. This simple idea has the potential to completely change the processes in numerous huge industries from the financial sector to governmental procedures. It’s simplicity is the reason why it is huge unrivaled potential. Photo credit FT. How does Blockchain work ? A blockchain as a distributed database that controls a shared list of records. These records are referred to as a block, and each block is encrypted. These blocks contain a history of every block that came before it with the transaction data time stamped to the second, therefore connecting these blocks together (or creating a chain), hence why the name blockchain is so fitting. So why is it so revolutionary? This is down to the two main primary components: a decentralized network and the transaction ledger the network maintains. Everyone connected to the network can see the shared transaction ledger, but there is no single point of failure from where the records or the digital assets can be hacked or corrupted. Also because of the decentralization of the system, there is not one single organisation or entity controlling the data. This is completely the opposite to a bank or a large tech company, where they will store their data in a certain location / locations. The future of Blockchain Blockchain technology was first thrown into the public eye when a still elusive Satoshi Nakamoto published his famous white paper back in 2008. The white paper introduced the concept of a peer-to-peer electronic cash system which was named Bitcoin. The blockchain for bitcoin was launched 3 months later in January 2009. Blockchain is the structure that allows Bitcoin and other cryptocurrencies to thrive, although blockchain can be used for more than just cryptocurrencies. So what is the future? Recently we have seen a shift towards blockchain from large banks and tech giants. Recently The Royal Bank of Canada has started to experiment with blockchain technologies for payments. Martin Wildberger who is the executive vice president for innovation and technology stated this in regards to the announcement:- “Everybody recognizes blockchain will be transformative and critical” Companies such as Microsoft and IBM are implementing the option to build custom blockchains for customers as well. At the same time dozens of startups are appearing using blockchain technology for everything from healthcare, voting to even the legal marijiana industry.Here at Crowdholding, we are adopting the use of blockchain technology as well to revolutionize co-creation between startups and co-creators from all over the globe. The potential is so vast because when it comes down to any business or industry that uses some kind of digital asset or needs to make use of a transaction system, blockchain can be implemented to vastly improve and increase the overall security of the process. Blockchain is only starting to be used in a number of businesses and there are some economic, technology and regulatory hurdles that must be jumped to see the widespread adoption of this technology, but in the upcoming years blockchain will change the way your digital life is protected and shared, right under your nose.
Project: Crowdholding Blog | Rewards: 0 YUP

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