Blockchain technology is seeing increasingly wide use internationally, but security issues are becoming a major problem.

Blockchain is a public electronic ledger that can be openly shared among users and that creates an unchangeable record of their transactions. Each transaction, or “block”, is time-stamped and linked to the previous one. Each block is then linked to a specific participant. Blockchain can only be updated by consensus between users in the system, and when new data is entered, it can never be erased, edited, adjusted, or changed.

Continue Reading What the Cryptocurrency Hacks Mean for the Security of Blockchain

The influence of the Internet of Things (IoT) will undoubtedly be transformational with a total potential economic impact estimated to be $3.9 trillion to $11.1 trillion a year by 2025. In the race into the IoT marketplace, there are both known and unknown legal hurdles that will affect those who offer of goods and services during the proliferation of the Internet of Things.

Continue Reading Hurdles the Internet of Things Must Clear for Manufacturers and Providers