Navigating blockchain

Navigating blockchain

Welcome to the first edition of the nChain Innovation Meets Application newsletter.??

Each month, we’ll be sharing insights from our experts on blockchain technology and its utility applications. In our spotlight insight this month, watch our researcher Alex Burns explain the difference between blockchain and cryptocurrency here.???

Thank you for your interest in nChain, we hope you enjoy the insights we share.?

Firstly, navigating blockchain…?

  1. Spot the difference: Blockchain vs cryptocurrency. nChain researcher Alex Burns explains the difference in these technologies. Watch the short video here.?
  2. Debunking blockchain myths. How blockchain’s energy impact is largely misrepresented by mainstream media. Read here.??

Understanding blockchain solutions for enterprise:??

  1. Providing businesses an accessible path to blockchain. The newly founded Blockchain Smart Pool helps businesses build solutions through our patent portfolio. Read more.??
  2. Harnessing blockchain technology for business with Ultimus. nChain CEO, Hakan Yuksel, demonstrates our work with Ultimus to streamline and automate their digital processes. Watch video.

nChain in the press?

nChain named in World Top 100 Most Innovative Companies. LexisNexis have named us in their independent report on global innovators alongside Alphabet, Meta and Tencent. Read more.???

To receive these insights straight to your inbox, you can subscribe here.??

A cryptocurrency utilises a blockchain in order to enable trusted electronic transfer of value between peers without recourse to a trusted third party.?If a system has any dependency on data in the real world, you require a trusted third party to validate the data, which renders a blockchain pointless (a database system would be cheaper, faster, more flexible, more scalable and easier to use).?This is why the only effective use case of a blockchain is part of a cryptocurrency.

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