Open-Source Tool Lets Anyone Experiment With Cryptocurrency Blockchains
Researchers at Tokyo Institute of Technology have developed a blockchain simulator to help users experiment with and improve the technology. Dubbed SimBlock, it runs on any computer supporting Java and can simulate the parameters of Bitcoin, Litecoin, and Dogecoin.
Blockchain Consensus for the Internet of Things
"Blockchain-based IoT solutions are well suited for simplifying business processes while reducing overall costs and security threats. As an example, IoT can exploit blockchain technology to build trust among untrusted devices or federated IoT areas, reduce infrastructure costs, and accelerate data exchanges."
Promising Blockchain Pilot Programs in Supply Chain
Distributed ledger technology has the potential to solve a number of supply chain issues. While adoption at scale may be at least a decade away, several companies have already launched blockchain pilot programs in supply chain and are seeing clear benefits.