Exploring the commercial advantages of blockchain technologies – and what CIOs need to do about it

The initial commercial interest in cryptocurrency IT infrastructure was the potential to enable an alternative to government-backed fiat currencies. However, now most of the forward-looking focus is on blockchain, the distributed ledger technology that underpins the new applications.

Although deployments are still very much in the realm of the early adopter, blockchain has proven advantages across several vertical industries: it is safe, decentralised, transparent and can reduce intermediary costs.

Blockchain use case...

By David H Deans, 11 November 2019, 0 comments. Categories: Blockchain, CIO, Data & Analytics, Data Management, Infrastructure.

Enterprise blockchain firm Cypherium secures Google Cloud partnership, adding to AWS deal

Meet Cypherium. The New York-based blockchain startup is partnering with Google Cloud – making it the third major cloud provider to secure a deal with the company.

The company’s goal is to provide an enterprise-ready blockchain platform which promises up to 5,000 transactions per second. Scalability continues to be a concern for organisations looking to utilise blockchain technologies, and is seen as a determining...

By James Bourne, 16 August 2019, 0 comments. Categories: Blockchain, Enterprise, Google.

AWS announces availability of Amazon Managed Blockchain service

Amazon Web Services (AWS) has announced the market availability of its Amazon Managed Blockchain (AMB) service, which is designed to help companies develop and manage scalable blockchain networks.

The platform extends its support to thousands of applications and millions of transactions via open source frameworks, such as Ethereum and Hyperledger Fabric. Those intending to permit multiple parties to perform transactions and maintain a cryptographically verifiable record of them without the need for a...

By Cloud Tech, 02 May 2019, 0 comments. Categories: Amazon, Blockchain, Enterprise, Infrastructure.

VMware’s blockchain now integrates with DAML smart contract language

VMware’s move into the blockchain space represents the latest cloud vendor getting involved with the technology – and it has been enhanced with the announcement of an integration with Digital Asset.

Digital Asset, which operates DAML, an open source language for constructing smart contracts, is integrating the latter with the VMware Blockchain platform. The move to open source DAML was relatively recent, and the...

By James Bourne, 17 April 2019, 0 comments. Categories: Blockchain, Infrastructure, VMware.

Enterprise demand for agile, data-centric architectures: The next wave of big data and analytics

Augmented analytics, continuous intelligence and explainable artificial intelligence (AI) are among the top trends in big data and analytics that have significant disruptive potential over the next three to five years, according to the latest worldwide market study by Gartner.

"The size, complexity, distributed nature of data, speed of action and the continuous intelligence required by digital business means that rigid and centralized architectures and tools break down,” said Donald Feinberg, vice president at...

By David H Deans, 05 March 2019, 0 comments. Categories: Applications, Big Data, Blockchain, Data & Analytics, Data Management.

New malware strain can evade and uninstall cloud security software, researchers warn

The good news: your organisation has finally gotten around to installing some top of the range cloud security tools. The bad news: malware has been developed which can evade detection from them.

The nefarious discovery from threat actor Rocke was made by Palo Alto Networks Unit 42, with the security researchers noting that it was ‘to the best of [their] knowledge the first malware family that developed the unique capability to target and...

By James Bourne, 18 January 2019, 0 comments. Categories: Blockchain, Infrastructure, Security, Vulnerabilities.

You've got 99 problems when it comes to public cloud compliance – but cryptojacking may not be one

If cloud is part of the conversation for organisational digital change, then cloud security will forever be not far behind. According to new research from Unit 42, compliance needs to be stepped up, yet cryptojacking may be on the decline.

The company – the threat intelligence arm of Palo Alto Networks – put together analysis based on existing threats to cloud security over the second half of 2018, focusing on Amazon Web...

By James Bourne, 14 December 2018, 0 comments. Categories: Blockchain, Compliance, Data Management, Research, Security.

AWS looks to redefine hybrid cloud at re:Invent 2018 – plus make big moves in blockchain

Andy Jassy, CEO of Amazon Web Services, noted during his keynote at re:Invent today that on a recent business trip, a senior AWS executive found themselves sat next to an exec from an unnamed competitor. They pulled up a presentation deck which – Jassy paraphrasing – noted its product strategy was to ‘look at what AWS launches, and then move as fast as possible to get something vaguely in that area.’

So...

By James Bourne, 28 November 2018, 0 comments. Categories: Amazon, Applications, Blockchain, Data & Analytics, Hybrid, Infrastructure.

How blockchain can improve manufacturing efforts in 2019

  • The business value-add of blockchain will grow to slightly more than $176B by 2025, then exceed $3.1T by 2030 according to Gartner.
  • Typical product recalls cost $8M, and many could be averted with improved track-and-traceability enabled by blockchain.
  • Combining blockchain and IoT will revolutionise product safety, track-and-traceability, warranty management, Maintenance, Repair & Overhaul (MRO), and lead to new usage-based business models for smart, connected products.
  • By 2023, 30%...

By Louis Columbus, 05 November 2018, 0 comments. Categories: Architecture, Blockchain, Platform.

How blockchain revenue will reach $10.6 billion in 2023

More CIOs and CTOs are looking for digital transformation and smart technology solutions to their line of business leader innovation requirements. Blockchain and related distributed ledger technologies are already making an impact outside of the finance and insurance space from which they emerged.

Promising new use cases are being trialed in a number of digitally transforming sectors -- notably supply chain management, retail and consumer, arts and entertainment, and public services.

Blockchain applications market...

By David H Deans, 15 October 2018, 0 comments. Categories: Big Data, Blockchain, Infrastructure.

A look beyond 2019: AI, blockchain and quantum – and what this means for the cloud behemoths

As technology changes, the roles the key actors play changes with it. The feted Institute of Engineering and Technology hosted analysts from CCS Insight, who gave wide-ranging predictions on the state of the enterprise technology ecosystem - with the biggest cloud players featuring heavily in future trends.

The yearly jamboree has taken on something of a life of its own, with press headlines regularly questioning some of the...

By James Bourne, 05 October 2018, 0 comments. Categories: Amazon, Applications, Blockchain, Enterprise, Research, Vendors.

Mark van Rijmenam: On the ‘gestalt shift’ of big data, blockchain and AI convergence

When emerging technologies, such as blockchain, artificial intelligence (AI) and the Internet of Things converge, a ‘gestalt shift’ will occur, according to a new book. “The character of the experience will drastically change,” write Mark van Rijmenam and Dr. Philippa Ryan in Blockchain: Transforming Your Business and Our World. “All of a sudden, we can see the world through a different, more technologically advanced, lens and this opens up a completely new...

By James Bourne, 27 September 2018, 0 comments. Categories: Big Data, Blockchain, Data & Analytics, Software.

Blockchain development trends: C-suite buy in, logistics and authentication opportunities

Many business leaders have a much better understanding of blockchain technology than just a couple of years ago. There's been a surge in R&D, both internally and in partnership with third parties, and a recognition that blockchain has the potential to be deployed in a variety of commercial use cases.

As the number of blockchain research projects increased, awareness among the pilot participants and elsewhere in their industries gained momentum. Now other companies are beginning to consider whether...

By David H Deans, 25 September 2018, 0 comments. Categories: Blockchain, CIO, Infrastructure, Research.

How worldwide blockchain spending is set to double in 2018

A blockchain acts as a digital distributed ledger of transactions or records. The ledger, which stores the information or data, exists across multiple participants in a peer-to-peer network. There's no single, central repository. Distributed ledgers technology (DLT) allows new transactions to be added to an existing chain of transactions using a secure cryptographic signature.

Worldwide spending on blockchain solutions is forecast to reach $11.7 billion in 2022, according to the latest global market study...

By David H Deans, 27 July 2018, 0 comments. Categories: Big Data, Blockchain, Infrastructure, Research.

Google Cloud posts solid financials, infers blockchain and machine learning exploration at Next

Google promised that its cloud deals were becoming larger and more strategic – and the company can now count on Domino’s Pizza, SoundCloud and PwC among its customers after posting solid financials yesterday.

Total revenues across all of Alphabet for the three months ended June 30 were at $32.7 billion (£25bn), an increase of 26% compared with the second quarter of 2017. Google’s revenues are put into several buckets; ‘other’ revenues, of which Google Cloud is a part, was at...

By James Bourne, 24 July 2018, 0 comments. Categories: Applications, Blockchain, Economy, Google, Software.

How cryptomining is the attack vector du jour - as hackers increasingly target cloud infrastructure

Updated July 30 Cryptojacking is on the way to replacing ransomware as the biggest threat for consumers and enterprises - and new research reveals the size of the effect crypto is having on cloud infrastructures.

Cyber security firm Check Point Software, in its 'Cyber Attack Trends: 2018 Mid-Year Report', found that in the first half of this year, the number of organisations impacted by cryptomining malware doubled to 42%, compared with 20.5% from the second half...

By James Bourne, 16 July 2018, 0 comments. Categories: Blockchain, Infrastructure, Security, Vulnerabilities.

IBM looks to further European cloud expansion with new customers and availability zones

IBM is looking to build upon recent cloud momentum – and the company is expanding in Europe after securing several new customers in healthcare, logistics, energy and more.

The announcements showcase how many prospective IBM clients are utilising the company’s cloud for its artificial intelligence, machine learning and blockchain capabilities. Credit Mutuel, a French bank, is deploying IBM Watson virtual assistants across all of its business lines – run on IBM’s cloud in France with a...

By James Bourne, 04 July 2018, 0 comments. Categories: Applications, Blockchain, Europe, Infrastructure, Software.

Kubernetes skills demand continues to soar – but are organisations dropping the ball on security?

If you have Kubernetes skills then you will almost certainly be in demand from employers, as a new survey from CyberArk has found that IT jobs with the container orchestration tool in the title have soared year on year. But beware the security risks when getting involved.

According to the company, which has crunched data from IT Jobs Watch, roles involving Kubernetes have broken into the top 250 most popular IT vacancies, having been around the 1000 mark this time last year. The most likely job title for...

Step aside ransomware: Why cryptojacking is the new kid on the block

With the ability to generate a staggering $1.5 trillion in revenues every year, cybercrime is big business. It’s the perfect model – earn a high income for minimum effort and risk of penalty.

It comes as no surprise then that when faced with issues around the fluctuating value of Bitcoin, cybercriminals stepped into action. These savvy criminals created a new attack technique that offers better paid out odds in...