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Messages - Blockchain

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1
General Discussion / ICO Launch
« on: June 09, 2018, 01:37:56 AM »

With Initial Coin Offering (ICO) being the most preferred method of raising
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2
General Discussion / MINING POOLS DEVELOPMENT
« on: June 08, 2018, 12:35:34 AM »
Running your own mining pool requires extensive experience in systems
administration, in-depth understanding of cryptocurrencies, ability to
quickly locate and fix issues to minimize downtime, and can be very
expensive.

Our Blockchain Help experts can help you develop mining pools either for
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3
General Discussion / Blockchainhelp
« on: June 07, 2018, 12:31:54 AM »
As with other industries, traditional gaming payment systems are usually slow, cumbersome, and expensive. They can also cause a maldistributed ecosystem of wealth as the middlemen and large vendors benefit the most from those inefficiencies.
With cryptocurrency payments, in-app purchases become frictionless as micropayments can transfer directly from players to the game developer. There’s no more need for a middleman in this transaction. The security and immutability of blockchain technology are enough to facilitate this type of trustless exchange.
The blockchain also brings value to game distribution. Instead of publishing to a centralized marketplace like the Apple App Store, game developers can reach consumers directly through a decentralized marketplace.



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4
General Discussion / How does blockchain work?
« on: June 06, 2018, 12:33:23 AM »

In its simplest form, blockchain can be broken down into two main components.
The first is how the information is stored. Blockchain technology relies on a network of computers working together, simultaneously. This creates the distributed ledger. Each of these computers holds all the information on the blockchain. When there is an addition or a change to the ledger (a new block of information), each computer on the network will store this new block of information as the newest link on the chain.
A blockchain can be either public or private, and a public blockchain can store private, encrypted information.
The second is how information in a block is created or verified. Each block of information is encrypted and then inextricably linked (chained) to previous blocks of information once consensus among participating computers is reached. In order for a block to be accepted by the network, it needs to be validated through a mechanism of computational work, and the change must be verified by more than 50% of the computers. Once the validity of the new information is confirmed by the majority of computers, that block is saved as a new link in the ledger.

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5
General Discussion / Blockchainhelp
« on: June 05, 2018, 12:32:02 AM »

Do you look around the market place and feel that you’re not enamoured by
any of the existing coins? Have you decided to jump on to the
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6
Blockchain is a distributed, immutable ledger or database that stores records, known as blocks. Blocks can store various kinds of information; in the case of bitcoin, blocks store information about financial transactions. These blocks, which collectively form a “blockchain,” are stored on various storage devices or nodes, which ensures that no single person or entity can manipulate the ledger or database without everyone else knowing.
Moreover, once a block is added to the blockchain, it is immutable, which results in improved data accuracy and maintenance. While blockchain has mostly seen uses in the financial space, it’s clear that such technology could potentially revolutionize other areas, such as healthcare and medical records.

The medical spaces are a really interesting space to look at with blockchain, and the different evolutions that we can see there as far as medical records, and being able to see a patient's entire medical history on the blockchain. Making that available to doctors is something that I'm really excited about and somewhere that I could see blockchain going.

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7
General Discussion / Blockchain and health
« on: June 02, 2018, 03:03:22 AM »
Blockchain has shown its usefulness when recording events like transactions. This usefulness could be extended to medical records, which often suffer from inaccuracy and discrepancies.

Healthcare professionals are responsible for ensuring that sensitive medical records are accurate, complete, and only available to authorized individuals. All of this can prove to be difficult when healthcare providers all have different systems for storing information.
For example, prescription records are one aspect of medical records that could be positively impacted by blockchain. Just imagine if a patient’s prescription information was left vulnerable to manipulation by hackers. Simply put, the more quality and secure that health information is, the better the quality and care.


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