Blockchain Consultants

Blockchain Transformations Done Here

blockchain courses

Top Benefits of Blockchain Certification in Your Career

by

Top Benefits of Blockchain Certification in Your Career Are you confused if a Blockchain certification can take your career to the next level? This article enlists the top benefits of Blockchain certifications that will help you clear your doubts. Table of Contents Overview Benefits of Blockchain Certifications Concluding Lines: How to Become a Certified Professional? Overview At present, Blockchain is considered one of the most revolutionary technologies as it transforms the way we interact, transact, and share information. Many technocrats and Blockchain Experts also believe that it is going to be the most disruptive technology in the next decade. Blockchain’s concept of decentralization has brought finance, supply chain, healthcare, logistics, and many others closer to transparency, freedom from intermediaries, and heightened efficiency. Today, this technology is not only used by tech giants, enterprises, federal agencies, and even startups have started adopting Blockchain. In fact, they are looking for Certified Blockchain Experts and are considering certified professionals over the non-credential peers. Benefits of Blockchain Certifications In this section, let’s explore some of the major benefits of Blockchain Certifications. It is emerging as one of the favorite technologies of businesses of all sizes There is no denying the fact that today Blockchain is emerging as one of the favorite technologies of businesses of all types and sizes. Before COVID-19, many organizations were already interested in digital transformations. The pandemic situation accelerated the pace of digital capabilities across the globe, while others implemented digital capabilities for the first time as a matter of survival. Large, well-established companies and crypto-startups are choosing Blockchain as a secure and transparent network for their efficient business operations. This adoption rate indicates that the job market for Blockchain enthusiasts would continue to expand in the years to come. Such Certifications help aspirants gain an in-depth understanding of technology, including its technical and functional aspects, and strengthen professionals’ portfolios. Rising trend of job opportunities According to the exclusive report by MarketsandMarkets published in May 2020, the Blockchain market size is expected to grow from USD 3.0 billion in 2020 to USD 39.7 billion in 2025. This suggests that the job market will see rapid growth internationally, and Blockchain developers and other related professionals will be in great demand. Some of the prominently demanded roles in this domain include Blockchain Experts, Architects, Ethereum Developers, Smart Contract Developers, and much more. These Certifications help individuals to prove their Blockchain skills & understanding, gain an in-depth understanding of technology & its implementation, implement their skills across any applications and build their own Blockchain enterprise with acquired knowledge. Certifications can help people make better investments and trading in cryptocurrency. According to the Cambridge Center for Alternative Finance, cryptocurrency users have tripled from 35 million people in 2018 to 101 million people in Q3 2020. A study conducted by researchers from the United Kingdom’s Financial Conduct Authority also revealed a 78% increase since 2019. Also, in October 2020, when Paypal announced that it would be introducing crypto transactions, it was reported that it was the best quarterly return in PayPal’s history. Interest in digital assets is booming. Thus a comprehensive understanding of Blockchain through certifications can help you make better investments and trading in cryptocurrency. Cryptocurrency certification will enhance individual confidence and provide them with the necessary skills for better hiring opportunities as well. Exceptionally high salaries of Certificate Holders The salaries of Blockchain professionals are skyrocketing. In fact, it is the most demanding skill at present. According to Glassdoor, the national average salary for a Blockchain Developer is $1,01,689 in the United States, and the national average salary of a developer is ₹5,07,137 in India. Glassdoor also reports that the average salary of a Developer is £50,137 in London, UK. But to earn high salaries, it is important to have the right skills in this space. Certifications help you with the right set of skills so that you can adapt perfectly to the rising trend of job opportunities in this space. Blockchain Council, a globally-recognized online platform known for imparting world-class training with its own market research, found that people with the right skills and certification, on average, make 30% more salary compared to equivalent job profiles. It is the technology of the future. Many technocrats and Blockchain Experts believe that it is a technology of the future. As large enterprises such as IBM, Microsoft, Apple, Google, and many more are incorporating decentralized technologies into their business models, it is clear that this technology is going to bring significant change and evolution. This represents another exceptional reason to pursue Blockchain certifications. Concluding Lines: How to Become a Certified Blockchain Professional? We have talked a lot about the benefits of Blockchain certifications. Such certification benefits are not limited to exploring jobs, but they also help build confidence and ensure a competitive advantage over other players in this space. If you are interested in learning and upgrading your skills, you can get enrolled in Blockchain Council and become a Certified Blockchain Expert. Backed by the extensive practical-based sessions, this online organization offers online training and certifications to aspiring trainees to render the desired competence to have a successful career in the Blockchain space. So what are you waiting for? Get enrolled now! To get instant updates about Blockchain Technology and to learn more about online Blockchain Certifications, check out Blockchain Council

Are you confused if a Blockchain certification can take your career to the next level? This article enlists the top benefits of Blockchain certifications that will help you clear your doubts. 

Table of Contents 

  • Overview 
  • Benefits of Blockchain Certifications 
  • Concluding Lines: How to Become a Certified Professional?

Overview 

At present, Blockchain is considered one of the most revolutionary technologies as it transforms the way we interact, transact, and share information. Many technocrats and Blockchain Experts also believe that it is going to be the most disruptive technology in the next decade. Blockchain’s concept of decentralization has brought finance, supply chain, healthcare, logistics, and many others closer to transparency, freedom from intermediaries, and heightened efficiency.

Today, this technology is not only used by tech giants, enterprises, federal agencies, and even startups have started adopting Blockchain. In fact, they are looking for Certified Blockchain Experts and are considering certified professionals over the non-credential peers.

Benefits of Blockchain Certifications 

In this section, let’s explore some of the major benefits of Blockchain Certifications.

  • It is emerging as one of the favorite technologies of businesses of all sizes

There is no denying the fact that today Blockchain is emerging as one of the favorite technologies of businesses of all types and sizes. Before COVID-19, many organizations were already interested in digital transformations. The pandemic situation accelerated the pace of digital capabilities across the globe, while others implemented digital capabilities for the first time as a matter of survival. 

Large, well-established companies and crypto-startups are choosing Blockchain as a secure and transparent network for their efficient business operations. This adoption rate indicates that the job market for Blockchain enthusiasts would continue to expand in the years to come. 

Such Certifications help aspirants gain an in-depth understanding of technology, including its technical and functional aspects, and strengthen professionals’ portfolios. 

  • Rising trend of job opportunities

According to the exclusive report by MarketsandMarkets published in May 2020, the Blockchain market size is expected to grow from USD 3.0 billion in 2020 to USD 39.7 billion in 2025. This suggests that the job market will see rapid growth internationally, and Blockchain developers and other related professionals will be in great demand. Some of the prominently demanded roles in this domain include Blockchain Experts, Architects, Ethereum Developers, Smart Contract Developers, and much more. These Certifications help individuals to prove their Blockchain skills & understanding, gain an in-depth understanding of technology & its implementation, implement their skills across any applications and build their own Blockchain enterprise with acquired knowledge.

  • Certifications can help people make better investments and trading in cryptocurrency

According to the Cambridge Center for Alternative Finance, cryptocurrency users have tripled from 35 million people in 2018 to 101 million people in Q3 2020. A study conducted by researchers from the United Kingdom’s Financial Conduct Authority also revealed a 78% increase since 2019. Also, in October 2020, when Paypal announced that it would be introducing crypto transactions, it was reported that it was the best quarterly return in PayPal’s history. Interest in digital assets is booming. 

Thus a comprehensive understanding of Blockchain through certifications can help you make better investments and trading in cryptocurrency. Cryptocurrency certification will enhance individual confidence and provide them with the necessary skills for better hiring opportunities as well.

  • Exceptionally high salaries of Certificate Holders

The salaries of Blockchain professionals are skyrocketing. In fact, it is the most demanding skill at present. 

According to Glassdoor, the national average salary for a Blockchain Developer is $1,01,689 in the United States, and the national average salary of a developer is ₹5,07,137 in India. Glassdoor also reports that the average salary of a Developer is £50,137 in London, UK.

But to earn high salaries, it is important to have the right skills in this space. Certifications help you with the right set of skills so that you can adapt perfectly to the rising trend of job opportunities in this space.

Blockchain Council, a globally-recognized online platform known for imparting world-class training with its own market research, found that people with the right skills and certification, on average, make 30% more salary compared to equivalent job profiles.

  • It is the technology of the future.

Many technocrats and Blockchain Experts believe that it is a technology of the future. As large enterprises such as IBM, Microsoft, Apple, Google, and many more are incorporating decentralized technologies into their business models, it is clear that this technology is going to bring significant change and evolution. This represents another exceptional reason to pursue Blockchain certifications.

Concluding Lines: How to Become a Certified Blockchain Professional?

We have talked a lot about the benefits of Blockchain certifications. Such certification benefits are not limited to exploring jobs, but they also help build confidence and ensure a competitive advantage over other players in this space.

If you are interested in learning and upgrading your skills, you can get enrolled in Blockchain Council and become a Certified Blockchain Expert. Backed by the extensive practical-based sessions, this online organization offers online training and certifications to aspiring trainees to render the desired competence to have a successful career in the Blockchain space. 

So what are you waiting for? Get enrolled now!

To get instant updates about Blockchain Technology and to learn more about online Blockchain Certifications, check out Blockchain Council.  

Top Benefits of Blockchain Certification in Your Career

Source

Best Blockchain Courses for Blockchain Development

by

Best Blockchain Courses for Blockchain Development

Want to become a Blockchain Developer but don’t know how to get started? Well, we have got you covered. This article enlists the best Blockchain courses for Blockchain development and guides how to become one.

Table of Contents 

  • Why Learn Blockchain Development 
  • Top In-Demand Blockchain Certification Courses
  • Concluding Lines: How to Learn Blockchain Development

Why Learn Blockchain Development

Since its introduction in 2008, Blockchain has continued to gain a reputation and has become increasingly useful in a lot of sectors. Along with having its application in cryptocurrency, technology is also proving to be useful in almost all sectors such as governance, supply chain, healthcare, cybersecurity, logistics, and many others.

If you are wondering why you should learn this emerging technology, here is a list of compelling reasons.

The top-most reason for learning this technology is that there is a high demand for Blockchain Professionals.  If you think you have the right skill sets to work in this space, you might be able to swim in the sea of high packages jobs. 

The other reason is that it is a cutting-edge technology that has the potential to revamp almost all sectors, including finance, supply chain, retail, eCommerce, and others.

Multiple career options and high ranking salaries are other crucial reasons why you should learn development in this space. It has been found that the salaries of professionals and experts are comparatively high due to their extreme shortage.

Top In-Demand Certification Courses

  • Certified Blockchain Developer

A Certified Blockchain Developer(CBD) is a professional who understands this technology profoundly and can build Blockchain-based applications. CBD is exhaustive training, an exam-based program aiming to impart in-depth practical knowledge in this space. A developer specializes in creating and implementing technical solutions with Blockchain Technology.

The course helps in building your own Blockchain with acquired knowledge, helps you learn Solidity language & multiple technology-based developments, and grasp the in-depth understanding of this technology, smart contracts & how it works, and much more.

  • Certified Hyperledger Developer

The Certified Hyperledger Developer Training is excellently designed and carefully curated by experts to render a profound understanding of Hyperledger Fabric and Composer. This certification equips individuals with the essential knowledge and expertise to work as a Hyperledger Developer. The training covers the introduction to Hyperledger Fabric, concepts and fundamentals of the fabric architecture, how to design the framework of Hyperledger Composer, and its application lifecycle management, and much more. The course helps you build your Private-Permissioned Blockchain businesses with acquired knowledge.

  • Certified Corda Developer

A Certified Corda Developer is one who possesses immense skill and knowledge in helping enterprises build interoperable Blockchain networks, thereby providing the luxury of carrying out business transactions over a private and secure network. 

The course covers the fundamentals and requirements of Corda, how to craft a Corda network, and you will learn all about the tools, plugins, and languages that are a prerequisite for crafting a Corda node and network. Moreover, you will get in-depth knowledge of structuring, creating, building, debugging, and signing of a CorDapp.

  • Certified Quorum Developer

Certified Quorum Developer certification is designed to render knowledge on Quorum from very basics to advanced level. The certification covers topics such as Quorum ecosystem, Quorum Network, Quorum Transaction processing, and privacy, Quorum Contracts, Quorum consensus, Setting up a quorum environment, and more.

Quorum development is a highly sought after skill as Quorum addresses specific challenges to Blockchain technology adoption within the financial industry. The certification course helps you prove your skills as a Quorum Developer and enhance your knowledge of Quorum, thus helping individuals in beginning a rewarding career as a Quorum Developer.

  • Certified Solidity Developer

    A Solidity Developer is one who uses the object-oriented Solidity language to build and deploy smart contracts on ethereum based applications. It is an exclusive exam-based certification, developed with the aim to offer a comprehensive knowledge of smart contract development through solidity.

A Solidity Developer is one who uses the object-oriented Solidity language to build and deploy smart contracts on ethereum based applications. 

Certified Solidity Developer Certification is an exclusive exam-based certification, developed with the aim to offer a comprehensive knowledge of smart contract development through solidity. Earning this certification will entitle you to become a smart contract developer, which is an extremely in-demand skill in the international job market.

  • Certified Smart Contract Developer 

A Certified Smart Contract Developer is a skilled professional who understands and knows deeply what Smart Contracts is and how to create them wisely over any Blockchain platform by programming it over Solidity. This certification offers exhaustive training & an exam-based program that aims to provide proof-of-knowledge of the certificate holder in the development phases of Smart Contract creation. This certification will work as a bridge between resources & businesses (employees, consultants & advisors) to give enterprises confidence in the quick hire.

Concluding Lines: How to Learn Blockchain Development

Learning in this space has been made easy. All thanks to tutorials and online platforms. There are various ways to learn this technology like you can enroll in Blockchain Council and become a Certified Blockchain Developer.  

Backed by the extensive practical-based sessions, Blockchain Council offers online training and certifications to aspiring trainees to render the desired competence to have a successful career in this space. This online platform  offers the most in-demand certification, specifically in the crypto and Blockchain field. Attending webinars and joining Blockchain communities can also prove to be helpful.

If you want to get started with Blockchain, get started today!

To get instant updates about Blockchain Technology and to learn more about online Blockchain Certifications, check out Blockchain Council. 

Best Blockchain Courses for Blockchain Development

Source

Waste Initiatives For a Clean Future with Blockchain

by

Waste Initiatives For a Clean Future with Blockchain

Can a peer-to-peer, decentralized technology tackle waste management? In this article, let’s talk about it. 

Table of Contents

  • Overview of Blockchain Technology 
  • Blockchain in Waste Management
  • Concluding Lines: Is Blockchain the Answer?

Overview of Blockchain Technology 

Unlike most digital technologies, Blockchain can be considered as a network of virtual ledgers that are able to store and distribute data securely without involving any third-party intermediaries. This technology can be thought of as a data structure that stores information as a series of connected blocks, which are distributed simultaneously to all participants. Its applications for social good are becoming increasingly critical, and Blockchain experts believe that this disruptive technology will revolutionize the world with its impact. Technology is now starting to make a difference to the world’s global challenges such as poverty, hunger, education, access to safe water, waste management, and much more.

Want to gain an in-depth understanding of Blockchain technology and become a Certified Blockchain Expert? Get started with Blockchain Council today!

Blockchain in Waste Management

 In 2019, it was estimated that plastic waste was around 6.3 billion metric tonnes with a value of US$7.2 trillion. BBC news statistics reported that 90.5% of plastic ever made has never been recycled, and according to the estimations, by 2050, we will have approximately 12 billion mt of plastic waste. This high ratio is because of the fact that presently, there is no digital technology that can hold organizations, enterprises, and people accountable for the waste they’ve created and recycled.

Accountability in Waste Management 

Blockchain can prove to be a disruptive technology for maintaining accountability in waste management by placing producers, customers, and waste management workers into a network together. 

Technology, with its decentralized and tamper-proof nature, could create a view of the waste supply chain that is accessible and visible to all the participants in the network, creating a level of responsibility across every member of the recycling lifecycle. Thus, accountability at every step will accelerate the process of innovation. 

Waste Initiatives For a Clean Future

Plastic Bank

Various waste initiatives such as Plastic Bank and others have seen the potential of Blockchain technology in order to reduce plastic waste in developing countries. It is a company that uses distributed ledger technology, Blockchain to allow locals to trade collected plastic for personal expenses and other goods and services. 

AREP

Apart from this, Blockchain is also implemented by AREP, a multidisciplinary consultancy owned by SNCF to track waste at railway stations. By utilizing Blockchain, it collects all the detailed information about all waste bins with the help of bluetooth. There is a block for each station bin, which uses bluetooth to update on quantities of each kind of waste, who collected it, and how it moves around.

Agora Tech Lab

Agora Tech Lab, based in Rotterdam, Netherlands, aims to help cities create participatory waste management frameworks by using blockchain technology. The company’s tamper-proof Blockchain helps it register waste management-related transactions, and based on these transactions, citizens who are part of the ecosystem get rewarded for their contribution that can be redeemed for public services to improve both recycling rates and community ties.

Such applications are advantageous to offer a solid incentive to recycle wastes through a reliable, easily accessible means of income for people living in developing countries. 

Not only this, but Blockchain also provides the way to create a “material passport” for each material containing valuable information such as its origin, packaging highlights, material composition, the balance of raw vs. recycled plastics, detailing the number of times the product has been recycled. 

This advanced technology will also help government institutions to track the waste generated by different businesses, thereby helping to trade waste quotas.

Concluding Lines: Is Blockchain the Answer?

If we talk about the biggest challenges associated with the current waste management solutions, it is that they don’t consider the entire lifecycle of products, i.e., right from production to becoming waste. Thus it is crucial to impose rules in place for companies who are responsible for the waste they generate, and strict penalties must be imposed that fail to meet the desired demands. 

Blockchain undoubtedly may help in dealing with waste management. With its application of validation and tracking, we could see a system with more accountability on the waste management industry as a whole.

 To get instant updates about Blockchain Technology and to learn more about online Blockchain Certifications, check out Blockchain Council.

Waste Initiatives For a Clean Future with Blockchain

Source

What is Blockchain Technology, and How Does It Work?

by

Are you a Blockchain enthusiast? Want to gain in-depth knowledge about it? This guide will help you in understanding what this technology is all about its benefits and how it works. 

So let’s get started. 

Table of Contents

  • Blockchain: In Most Simple Words 
  • Bitcoin and Blockchain: How They are Related?
  • Working Mechanism of Blockchain
  • Benefits of using Blockchain Technology
  • Concluding Lines: How to Learn Blockchain?

Blockchain: In Most Simple Words 

Blockchain is a peer-to-peer decentralized distributed ledger technology that makes the records of any digital asset transparent and unchangeable and works without involving any third-party intermediary. It is an emerging and revolutionary technology that is attracting a lot of public attention due to its capability to reduce risks and frauds in a scalable manner. 

Now here comes the question why is Blockchain a distributed, decentralized P2P network? A decentralized network offers multiple benefits over the traditional centralized network, including increased system reliability and privacy. Moreover, such networks are much easier to scale and deal with no real single point of failure. The reason why Blockchain is distributed is because of shared communication and distributed processing.

The P2P architecture of Blockchains provides several benefits such as greater security compared to traditional client-server based networks. A distributed P2P network, paired with a majority consensus requirement, provides Blockchains a relatively high degree of resistance to malicious activities. 

Looking for the best Blockchain Certifications? You are just a click away!

Bitcoin and Blockchain: How They are Related?

Although the advent of Blockchain has taken the world by storm, many people still get confused about these two terms. Thus, it is important to understand how these terms differ and how they are interrelated.

Bitcoin is a cryptocurrency, which is an application of Blockchain, whereas Blockchain is simply an underlying technology behind Bitcoin that is implemented through various channels. So if you are working on Blockchain and learning Blockchain, then you are not actually learning cryptocurrency but learning how cryptocurrency works. 

Working Mechanism of Blockchain

Blockchain can be defined as a shared ledger, allowing thousands of connected computers or servers to maintain a single, secured, and immutable ledger. Blockchain can perform user transactions without involving any third-party intermediaries. In order to perform transactions, all one needs is to have its wallet. A Blockchain wallet is nothing but a program that allows one to spend cryptocurrencies like BTC, ETH, etc. Such wallets are secured by cryptographic methods(public and private keys) so that one can manage and have full control over his transactions. 

Now, this is how Blockchain works. Initially, when a user creates a transaction over a Blockchain network, a block will be created, representing that transaction is created. Once a block is created, the requested transaction is broadcasted over the peer-to-peer network, consisting of computers, known as nodes, which then validate the transaction. 

A verified transaction can involve cryptocurrency, contracts, records, or any other valuable information.

Once a transaction is verified, it is combined with other blocks to create a new block of data for the ledger. 

 Here it is important to note that with each new transaction, a secured block is created, which are secured and bound to each other using cryptographic principles. Whenever a new block is created, it is added to the existing Blockchain network confirming that it is secured and immutable.

Benefits of using Blockchain Technology

We have learned a lot about Blockchain technology. Now let’s explore what its benefits are.

Immutability

In a traditional database, you have to trust a system administrator that he is not going to change the data. But with Blockchain, there is no possibility of changing the data or altering the data; the data present inside the Blockchain is permanent; one cannot delete or undo it. 

Transparency

Centralized systems are not transparent, whereas Blockchain (a decentralized system) offers complete transparency. By utilizing blockchain technology, organizations and enterprises can go for a complete decentralized network where there is no need for any centralized authority, thus improving the transparency of the entire system.

High Availability 

Unlike centralized systems, Blockchain is a decentralized system of P2P network which is highly available due to its decentralized nature. Since in the Blockchain network, everyone is on a P2P network, and everyone has a computer running, therefore, even if one peer goes down, the other peers still work.

High Security 

This is another major benefit that Blockchain offers. Technology is assumed to offer high security as all the transactions of Blockchain are cryptographically secure and provide integrity. Thus instead of relying on third-party, you need to put your trust in cryptographic algorithms. 

Concluding Lines: How to Learn Blockchain?

Learning Blockchain is easy now, all thanks to reputed online courses and training sessions. Blockchain Council is one such organization that offers online training and certification programs to aspiring trainees to render them desired competencies so that they have a successful career in the Blockchain space. Keeping the rising demands of blockchain professionals in mind, Blockchain Council certifications are diversified to meet each aspirant’s discrete needs. Right from understanding what Blockchain is, the certification covers a variety of basic and advanced level topics.

To get instant updates about Blockchain Technology and to learn more about online Blockchain Certifications, check out Blockchain Council.  

What is Blockchain Technology, and How Does It Work?

Source

A Comprehensive Guide to Salesforce Blockchain

by

Wondering what exactly Salesforce Blockchain is? What are its key components? What are its use-cases? This article will answer all your questions. 

Table of Contents

  • What is Salesforce Blockchain?
  • Key Components of Salesforce Blockchain and its Benefits
  • How Lamborghini Uses Salesforce Blockchain
  • Other Use-Cases to Consider  
  • Concluding Lines 

What is Salesforce Blockchain?

Before introducing Salesforce Blockchain, let’s define what Blockchain is. Blockchain is a peer-to-peer decentralized distributed ledger technology that uses cryptography to create a secure linkage between records while mitigating the involvement of third-party intermediaries.

Few describe this innovative technology as a means that offers an opportunity to secure and share data from applications with a network of partners. It is a low-code-based Blockchain platform that allows organizations to build smart contracts, decentralized apps, and networks to share verified data using distributed ledger technology. This technology is capable of managing the challenge of building a stable network and providing the right protocols for you to authenticate. This specific platform has been adopted by American institutions, leading global provider of advanced analytics IQVIA, Arizona State University, among others.

Want to have in-depth understanding of Blockchain Technologies? Looking for the best Blockchain Certifications? You are just a click away!

Key Components of Salesforce Blockchain and its Benefits

The advantage of using Salesforce Blockchain is that businesses can use this platform to develop and operate blockchain networks, applications, and smart contracts using its strong low-code capabilities. 

 It consists of three components:

  • Blockchain Builder is a toolset for building blockchain-based apps known as decentralized apps
  • Blockchain Connect which integrates blockchain actions with Salesforce applications.
  • Blockchain Engage a component that allows clients to invite parties to Blockchain apps created within Salesforce.

Apart from these, the main building blocks of Salesforce Blockchain are:

Hyperledger Sawtooth: It is a Blockchain-based protocol on which Salesforce Blockchain is built. Sawtooth is an open-source Blockchain business platform that aims to distribute ledgers and make smart contracts safe and efficient for enterprise purposes.

Consensus Mechanism: Just like other Blockchain networks, Salesforce offers numerous consensus protocols, allowing networks to decide which process works best as per their requirements.

Smart Contract APIs: Smart contracts allow businesses to develop new business models that are based on confidence and automation. APIs allow Blockchain Developers to build and deploy a set of business rules all across the network.

Want to learn more about Hyperledger and become a Certified Hyperledger Expert? Enroll in Blockchain Council now!

How Lamborghini Uses Salesforce Blockchain

Lamborghini, a luxurious sport car, is using Salesforce Blockchain to authenticate its heritage cars. In late 2019, it was announced that Lamborghini would use the salesforce Blockchain for tracing, certifying, and authenticating its cars faster and more securely than ever.

Initially, when Lamborghini was resold, it had to go through hundreds of certification inspections, and the entire process is tedious and time-consuming. This is because the company has to work with a massive network of resources, including dealerships, repair shops, photographers, etc., in order to record and verify the entire history of all the parts and services of each vehicle.

Using Salesforce Blockchain, Lamborghini is able to innovate and transform the vintage car market. Each car comes with an immutable record of service, including crucial details such as prior ownership and restoration, allowing the history of vehicles to be stored immutably and securely. Moreover, technology helps in bringing all distributed parties together in a single trusted network. This entire process is completely digitized, thus more efficient and reliable. In addition, this new system protects Lamborghini cars against future counterfeits.

Other Use-Cases to Consider  

  • Speed up Service Processes: for quicker and easier servicing of a homebuyer, real estate companies can bring mortgage lenders, property managers, and realtors together on a single trustable network, i.e., Blockchain.
  • Accelerate revenue through network engagement: Banks can minimize sales cycles and enhance customer experience by placing the whole KYC process on the blockchain network.
  • Transforming marketing experiences: A hospitality company can create a blockchain network of distinguishable loyalty rewards, allowing customers to use reward points.
  • Ensures trust in supply chain management: For efficient business practices and customer confidence, high-end clothing companies can ensure ethical sourcing of cotton.

Concluding Lines 

To conclude, we can say that Salesforce is making it possible for customers to connect with their partners using reliable and secure networks without the need for coding. This technology is uniquely designed to lower the barrier for creating trusted networks and enables companies to bring together authenticated distributed data and CRM processes.

To get instant updates about Blockchain Technology and to learn more about online Blockchain Certifications, check out Blockchain Council.  

 

A Comprehensive Guide to Salesforce Blockchain

Source

Widespread Adoption of Self-Sovereign Identity in the Wake of COVID-19

by

Heard of Blockchain-based identity management? Wondering what SSI is all about? Why is SSI making noise around the COVID-19 pandemic? If your answer is probably yes, you have landed on the right page. 

Table of Contents

  • What are Decentralized Identity Solutions?
  • Why Consider Self-Sovereign Identity?
  • SSI Widespread Adoption During COVID-19 Pandemic 
  • Concluding Lines

 What are Decentralized Identity Solutions?

In the physical world, which is full of hackers and authorized activities, we take the sharing of credentials for granted. In this modern era of digitization, the traditional identity systems possess various downfalls in terms of vulnerability to attacks, high expenses, and tedious process. To drive well in a digitized society, it is vital to securely authenticate our digital identities. Unlike traditional systems, digital identity solutions such as self-sovereign identity(SSI) help individuals to control how their identities are shared and accessed without involving any third-party intermediaries.

Using distributed ledger technology such as Blockchain to decentralize identity is all about digital validation and keys where digital wallets are secured by cryptographic keys that cannot be recreated. The concept of Blockchain-based digital identity solutions is proving to be the most reliable as it is putting the power back in the hands of the people.

Curious to learn and implement Blockchain technology? Check out the best Blockchain certifications now!

Why Consider Self-Sovereign Identity?

 Since identity is a fundamental part of society, having sole ownership of our digital identities and control over how our personal data is accessed is extremely crucial.

Self-sovereign identity, also known as SSI, fosters digital movement and enables individuals to control their identity without the intermediary authorities. It allows people to interact with the same freedom and trust as they do in the offline environment. Since trusting third parties to securely hold our personal data is precarious, SSI brings the same freedom and personal liberty to the internet. Instead of giving control of personal information to dozens of databases, it allows individuals to control how their identities are managed at the global level.

SSI Widespread Adoption During COVID-19 Pandemic 

The deadly coronavirus pandemic has defiled all continents. The COVID-19 Credentials Initiative (CCI) is working on a digital certificate that allows individuals to use the recently accepted W3C Verifiable Credentials standard that indicates they have recovered from the outbreak. 

As we already mentioned, SSI provides a layer of confidence and protection instead of relying and trusting on a third-party to store personal data by safely placing the personal data of an individual in their hands. Interest in SSI has dramatically increased in the wake of the COVID-19 pandemic. Leading companies and innovators in the industry are working on digital certificates. Pandemic has caused a lot of economic loss but to subsidize, governments are trying to reopen economic activities. In efforts to that, solutions to present and carry our accurate digital health information details have been emerging. Top organizations are working aggressively for developing confidential and secure methods of certifying COVID-19 test results. Such results will enable all organizations to get back to their work and resume their operations confidently. 

Digital certificates are also being issued to individuals, letting them prove their health conditions and allowing them to prove that they have recovered from the disease. 

Such health passports, also known as Immunity Passports, could serve as verifiable proof that individuals have developed antibodies, which they can present, allowing them to go back to their workplaces and other areas of their interest. The basic idea behind such passports is to link the individual’s identity with their Covid-19 test status. 

Apart from the health domain, SSI can be implemented for various other use cases such as accessing financial and government services, enrolling in an academy, and others. Moreover, SSI can even replace government-issued cards and would remove the risk of user credentials with logging into websites.

Concluding Lines 

While Blockchain developers and experts race to create digital certificates that will allow people to prove if they have recovered, there are few considerations. Few believe that such digital certificates or immunity passports could interfere with their human rights and civil liberties, and the other major factor is the lack of accurate results of the pandemic. Still, there is no scientific evidence about the accuracy of antibody-mediated immunity to ensure the correctness of immunity passports. 

Blockchain has proved its success in many real-world applications and can be applied to support coronavirus outbreak fighting as well. It’s for sure that a secure and user-friendly decentralized identity will help people at all levels. SSI is introducing a new identity system that gives you control and preserves privacy.

 To get instant updates about Blockchain Technology and to learn more about online Blockchain Certifications, check out Blockchain Council.

Widespread Adoption of Self-Sovereign Identity in the Wake of COVID-19

Source