Showing posts with label Bloch chain. Show all posts
Showing posts with label Bloch chain. Show all posts

Sunday, December 16, 2018

Microsoft Digital IDentity


Last couple of years, Microsoft has invested in incubating a set of ideas for using blockchain and other distributed ledger technologies to create new types of digital identities—identities that are designed from the ground up to enhance personal privacy, security, and control.

Digital IDentity (DID) will be a first-class citizen of the Microsoft identity stack.

Vision
  • Every user needs a digital identity they own, that can securely and privately store all their personal data.
  • This self-owned identity must be intuitive and convenient to manage, and provide complete control over how identity data is accessed and used.

Business Benefits
  • Deeply engage with users while minimizing privacy and security risks
  • Transact with customers, partners, and suppliers over a unified data protocol
  • Improve transparency and auditability of your business operations

Microsoft's Whitepaper of DID is available at https://query.prod.cms.rt.microsoft.com/cms/api/am/binary/RE2DjfY

Friday, October 12, 2018

CoCo



Microsoft's Coco Framework enables high-scale, confidential blockchain networks that meet all key enterprise requirements.

It is providing a means to accelerate production enterprise adoption of blockchain technology by cutting across the technology.

Thursday, August 2, 2018

What is Blockchain


Block chain is buzz word in the current emerging technology / industry.

On resolution of 5 Ws (What, Why, When, Where, Who) & 1 H (How) queries, any new technology can be learnt in seamless way with width & depth details. Today, I'm just inking the first question - "What" i.e. What is Block chain?

Preface
This series doesn't have deep technical dive; in stead to address the fundamental understanding of this distributive technology to add business value.

As I was coming from the financial industry background, 4 business context need to define in alignment with Block chain technology.

  1. Asset
  2. Ledger
  3. Transaction
  4. Contract


Asset
Any tangible or intangible object, which is capable of being owned or controlled ultimately to produce value. Good examples are house (tangible) and its mortgage (intangible).

Ledger
It is an accounting principle and practice to record the business activities meticulously.

Transaction
Any activity to execute on the asset. Good examples are buying a new house or selling the existing house.

Contract
Any business condition for transaction to occur. Good examples are on settling the mortgage amount, house title will be transferred to the owner

Executive Summary
In a nut shell, Block chain is decentralized public digital ledger of all transactions in various business contracts of the underlying assets. Transaction details can’t be tampered to build the trust on data.

Hope, you can leverage this one pager on "What is block chain?"