Digital Identity has always been on the cards, albeit light regarding impetus. Partly due to a widely-held fear as to why one would want to expose themselves online when carrying a physical wallet feels safer, tangible and more familiar.
In recent months, however, we have seen the continuation and solidification of the “anti-FANG” (FANG — Facebook, Amazon, Netflix, Google) movement. The events of the Cambridge Analytica/Facebook scandal and its influence over the US and Brexit polls highlights the need for evolution in digital identity ownership. …
We spend a lot of time explaining the concept of Blockchain to potential clients, partners, friends or complete strangers (anyone that will listen really). So we’ve put together a Blockchain Primer presentation, with a focus on the travel industry. Do let us know if you find it helpful and don’t hesitate to reach out should you have questions.
Originally published at www.traversel.com on March 29, 2018.
Yes, but can it run Doom? Layer 2 solutions and blockchain scalability.
Just like any new technology, especially one as transformative as blockchain, the hype and expectations start to run up against the limits of its capability and developmental roadmap. In the case of blockchain, throw in the birthing of digital Tamagotchi known as “crypto kitties” last November, and suddenly we see the boundaries of those capabilities tested, even before the vast majority of applications go live.
Ethereum’s “Ether” is the second largest in market cap at the time of writing at USD 84 billion. It is also the protocol most widely referred to when mentioning smart contracts or programs capable of executing code on a blockchain. One of the biggest successes in crypto and blockchain concerning its ability to proxy for trust and generate an infinite ledger of transactions has also become its most prominent frustration. Blockchain and cryptocurrencies are, however, based on ideals that transcend the technology. They broadly cover libertarianism and anti-elitism, and in doing so, the ambition to compete with or replace the likes of Visa isn’t the core priority for those developing the protocols. Developers are content to get it right and protect the systems they are working on, with releases, changes and new directions often taking years and through consensus-based processes involving lengthy testing periods rather than shipping quickly. …