The World Economic Forum (WEF) defines blockchain as a technology that allows people to transfer assets to one another in a secure way without any intermediaries. It enables transparency, immutability, and autonomous execution of business rules. What this essentially means is that Blockchain is a distributed database system which acts... Read more »
by Angela Guess According to a recent press release, ?The Hedera Hashgraph Council (Hedera) today announced plans for a new, next-generation distributed public ledger, the Hedera hashgraph platform, to enable anyone to easily develop lightning fast, secure, fair, globally distributed applications. Over the last 20 years, as the internet has evolved, trust has been eroded [?]
Prepare for Blockchain technology to revolutionize business, society, and almost everything in between. Blockchain, also known as Distributed Ledger Technology, has the ?potential to deliver disruptive outcomes and reshape digital business in 2018.? Investments in Blockchain startups topped $1.4 billion in 2016 and garnered interest among a variety of industries, from finance to insurance and education to [?]
There is no doubt that cryptocurrencies are here to stay. It doesn?t matter what anyone tries to do to stop them they will at some point in time have a much more significant role to play than merely being an investment opportunity. There are many areas where these forms of... Read more »
In the era of digital transformation, omnichannel marketing, web-scale applications, and the internet of things (IoT), cost-effectively scaling the performance of existing applications is one of the most challenging issues facing enterprise architects and CTOs. In-memory data grids (IMDGs) meet this challenge, delivering massive speed and scalability gains without the need to rip and replace existing applications or data layers.
The term ?translytical? is a recent addition to the database industry jargon. According to the recent Forrester Wave report, the term ?translytics? is defined as ?a unified and integrated data platform that supports multi-workloads such as transactional, operational, and analytical simultaneously in real time, leveraging in-memory capabilities including support for SSD, flash, and DRAM and ensures full transactional integrity and data consistency.?
MongoDB will add multidocument ACID transactions support to its NoSQL database of the same name. Multidocument ACID transactions support has been the most-requested feature sought for MongoDB, said Seong Park, MongoDB?s vice president of strategy and product marketing.
by Angela Guess According to a recent press release, ?Dimebox, a global payment technology provider, announced the release of a new user interface (UI) for their white-label software platform, featuring GPU-powered data visualization capabilities. With this release, users can interactively explore billions of data records, without sacrificing performance. Dimebox is the first payments platform to [?]
Blockchain is a distributed database and storage devices for the database are not all connected to a common processor. ?A Blockchain or distributed ledger,? as Gartner describes, is a mechanism for adding trust in an untrusted environment.? Blockchain?s special capabilities in cryptography lead to this increased trust as a medium. Each transaction has a record. [?]
Data remains a foundational element of computing. Recently, Hadoop and big data have been a central part of data progression, allowing you to capture data at scale. But companies now look to the expanding use of cloud computing and machine learning to create more intelligent applications.
Until very recently, when you shopped for a database you had to choose: Scalability or consistency? SQL databases such as MySQL guarantee strong consistency, but don?t scale well horizontally. (Manual sharding for scalability is no one?s idea of fun.) NoSQL databases such as MongoDB scale beautifully, but offer only eventual consistency. (?Wait long enough, and you can read the right answer??which isn?t any way to do financial transactions.)
One of the most fundamental choices to make when developing an application is whether to use a SQL or NoSQL database to store the data. Conventional SQL (i.e. relational) databases are the product of decades of technology evolution, good practice, and real-world stress testing. They are designed for reliable transactions and ad hoc queries, the staples of line of business applications. But they also come burdened with restrictions?such as rigid schema?that make them less suitable for other kinds of apps.
Bitcoins, or digital currencies like it, come with a certain level of anonymity that is, suffice it to say, the point of the whole technology. Credit transactions, especially, have a paper trail that can be tracked, recorded and leveraged. You can see, for instance, when a company representative has used... Read more »
by Angela Guess A recent press release states, ?Companies and developers wanting to integrate the decentralization, immutability, and consensus benefits of blockchain technology into their existing data infrastructure and business applications finally have an enterprise-grade product with which to do so. FlureeDB ? a scalable, blockchain cloud database ? launched November 9th, 2017 for public [?]
by Angela Guess According to a recent press release, ?Blockchain, together with artificial intelligence, machine learning, robotics, and virtual and augmented reality, have the potential to deliver disruptive outcomes and reshape digital business in 2018. And companies that have not started the digital investment cycle are at high risk of being disrupted. This is according [?]
Small Data is not Enough Anymore The hyper connected world we live in generates over 2.5 billion gigabytes of data daily. This comes from social media, messaging, video uploads, and data created by sensors from IoT. Only in the US, there are over 700 million credit cards, and the average... Read more »
In the past few years, the most outstanding development in information technology has changed. The Block chain is likely to change the way that the world reaches the big data. The two benefits that afforded to business is security and the data quality. Block chain is multi-skilled to grasp any... Read more »
Most people probably are familiar with Blockchain in terms of the bitcoin context. It?s the underlying technology that supports the worldwide crytpocurrency and digital payment system, but it has applications for supply chain data, too. In fact, in mid-September IBM and Microsoft announced a collaboration with GS1, the global business communications standards organization, to leverage [?]
Containers offer the promise of portability and agility: the ability to move your applications from a developer's laptop to your internal datacenter, and out to different cloud providers with little trouble right? They offer the ability to spin up new, custom versions of your software to quickly meet contractual deadlines which were signed last minute, or maybe even provide your customers with self service. They start faster, and are easier to move around than virtual machines. Right?