Comments
batye
7/12/2016 10:33:41 PM User Rank Platinum
Re: Blockchain..
@Ariella the problem this days each Co. trying to save any way possible and it affecting security at the end...
DHagar
7/12/2016 9:14:55 PM User Rank Platinum
Re: Verizon Takes Multiple Approaches
@Ariella, great article. They are definitely on the right track and I believe that their Thingspace, providing a living platform, is a great design.
Interesting point about their security acquisition in 2007 - I had not realized that. If they have that core capability in-house now, that will be golden for them.
Ariella
7/12/2016 3:24:52 PM User Rank Author
Re: Blockchain..
@batye I agree 100% It has to be an integral part of design and engineering.
batye
7/12/2016 10:27:33 AM User Rank Platinum
Re: Blockchain..
@Ariella I would say we need to rethink security from the ground up...
mpouraryan
7/11/2016 12:43:08 PM User Rank Platinum
Re: Blockchain..
The question is whether we can, though?
Ariella
7/11/2016 12:41:35 PM User Rank Author
Re: Blockchain..
@mpouraryan absolutely! We really need to advance on the security front.
mpouraryan
7/11/2016 12:22:56 PM User Rank Platinum
Re: Blockchain..
One thing is for sure: Between the rise of Mobile Payments (and the evolution of cell phone as one's wallet) and the evolution of BitCoin, we have scratched the surface. The question of Security and Reliability is a profound concern--for instance the rollout of the "Chip" for credit cards shows that the road is perilous at best.
Ariella
7/11/2016 8:46:12 AM User Rank Author
Re: Blockchain..
@mpouraryan well, it's an interesting thing about that. There are still a number of stores that take cash only, and some that insist on cash for transactions under a certain amount. There are still gas stations that charge less for payments made in cash. While you have that, there is motivation to keep cash around. However, in other parts of the world, there have definitely been movements away from paper respresentation of money. I believe Finland, for example, got rid of paper checks several years ago.
mpouraryan
7/10/2016 11:59:09 PM User Rank Platinum
Re: Blockchain..
I would only note this: It is not a question but if, but when--the march to a cashless society cannot be stopped.
Ariella
7/10/2016 9:26:56 PM User Rank Author
Re: Blockchain..
< I'm curious how much money is being sent globally as remittances using bitcoin or blockchain currencies -- and how effectively bitcoin (or ether or dogecoin whatever) is converted back into "real" currency. > @mhhf1ve interesting question. Honestly, I've never used Bitcoin myself, but I do know someone who said he used it to transfer the currency of his country into American dollars. I believe he said it was more cost-effective and faster to do it that way. However, because of the way in which bitcoin (the currency rather than the system itself) fluctuates many people use it as a speculative instrument. That actually impedes its usefulness as a currency, something that came up in the failure of certain people's plans to pay their employees in bitcoin (that I reported on in my article for CFO). However, the current focus on blockchain rather than Bitcoin as a currency system may determine a new form of influence than that which was originally envisioned by Bitcoin enthusiasts.
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