Session

May the Blockchain be with you!

Recently, everyone has been talking about how they got rich / poor by investing in the crypt currencies. Although the technology that the crypto currencies are based upon, Blockchain, has been designed for exactly that purpose - it is actually a transformation technology that has the potential to expand the digital transformation beyond the four walls of the company and the processes it shares with suppliers, customers and partners. Since companies want to apply Blockchain technology to meet their business needs, they noticed that many existing protocols fail to meet key requirements such as performance, confidentiality, management, and the "energy" needed to process data. This is because existing systems are designed to work - and to achieve consensus - in public scenarios among anonymous, unreliable actors with maximum transparency, which is not the case in the Enterprise scenario. Unfortunately, we will not predict the future bitcoin price, but we will address Blockchain technology, how it works, how it is applied, what are its weaknesses and benefits so it can be applied in Enterprise environments, and how Microsoft is planning to jump on this train by developing a Coco Framework that should make it easier and accelerate the adaptation of Blockchain technology in Enterprise environments (even with the Azure platform).

Luka Gospodnetić

PKE Sistemi d.o.o.

Zagreb, Croatia

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