As part of our Industry 4.0 programme, we’ve teamed up with a collection of partners to bring you the latest blockchain related news, events, blogs, podcasts and much more. Are you interested in finding out what blockchain actually is, how businesses are using it and how it’s seamlessly becoming incorporating into all aspects of our lives?
Barclays has developed a collection of Frenzy events across our Eagle Labs allowing you to discover, network and collaborate with likeminded individuals on a wide range of technologies. We’re highly interested in building relationships with universities, researchers, start-ups, enterprise companies and anyone who is interested in blockchain technologies, no matter what your skill/knowledge levels are.
A single, shared, tamper-less ledger that once recorded, transactions cannot be altered, all parties must give the ok before a new transaction is added to the network this helps companies create paperless processes, speeds up transaction times and enhances trust across your business network. It’s not that you can’t trust those whom you conduct business with it’s that you don’t need to when operating on a blockchain network. Blockchain is particularly valuable at increasing the level of trust among network participants because as it provides cryptographic proof over a set of transactions.
This level of self-policing negates the need to depend government safeguards and sanctions to monitor and control the flow of business transactions, each of the people in the chain does that. Where oversight is required, the chain reduces the burden on that regulatory system by making it easier for auditors and regulators to review relevant transaction details.
The Blockchain Timeline
Beginning of Bitcoin
Smart Contract white paper published
Decentralised application (Dapps) was introduced
Distributed autonomous agents & enterprises in future