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William Mougayar

The Business Blockchain

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  • Heri Heryadihas quoted7 years ago
    “When we link information in the Web, we enable ourselves to discover facts, create ideas, buy and sell things, and forge new relationships at a speed and scale that was unimaginable in the analogue era.”
  • Heri Heryadihas quoted7 years ago
    blockchains carry with them philosophical, cultural, and ideological underpinnings that must also be understood
  • Alex Polorotovhas quoted7 years ago
    Back-end database that maintains a distributed ledger, openly.
  • Alex Polorotovhas quoted7 years ago
    A trusted third party is not required to prevent double-spending.
  • Alex Polorotovhas quoted7 years ago
    The old adage “Is it in the database?” will be replaced by “Is it on the blockchain?”
  • Alex Polorotovhas quoted7 years ago
    Information access will not be enough. We will also want to ask for truth access, and we will ask if modifications were made to particular records, expecting the utmost transparency from those who hold them. The blockchain promises to serve up and expose transparency in its rawest forms.
  • Alex Polorotovhas quoted7 years ago
    new class of services that will check blockchains to confirm the veracity of information.
  • Alex Polorotovhas quoted7 years ago
    we will not be able to double copy or forge official certificates once they are certified on a blockchain
  • Alex Polorotovhas quoted7 years ago
    From the mid-1950s forward, as IT evolved, we became accustomed to a new language: mainframes, databases, networks, servers, software, operating systems, and programming languages. Since the early 1990s, the Internet ushered in another lexicon: browsing, website, Java, blogging, TCP/IP, SMTP, HTTP, URLs, and HTML. Today, the blockchain brings with it yet another new repertoire: consensus algorithms, smart contracts, distributed ledgers, oracles, digital wallets, and transaction blocks.
  • Alex Polorotovhas quoted7 years ago
    The Internet was about replacing some intermediaries. Now the blockchain is about replacing other intermediaries once again. But it's also about creating new ones
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