It is not surprising that all your friends and family are talking about blockchain. Blockchain is one of the biggest buzzwords in the technology field of 2018. It appears complicated yet actually, it is not as difficult as you think. We’re going to break it down and tell you everything you need to know.
A blockchain is a relatively new form of database for storing data and digital information more securely with the help of cryptography. As we all know, most financial record databases are maintained by a central institution. With the blockchain database, centralized authority is replaced by decentralized computing in a transparent form, where everyone can see the details of each record. The blockchain is playing a role as a real-time ledger to record everything, from financial transactions to contracts, to physical assets, to supply chain information, it knows more than you! Hence, the need for a third party to make a transaction between consumers and suppliers are eliminated. But keep in mind that there is actually no person or organization in charge of the entire chain, which is why blockchain is such an ingenious invention.
If blockchain goes mainstream, anyone with access to the internet would be able to use it for transactions, translating into a multi-billion dollar market! Here are 5 genuine reasons to go with blockchain in your business:
Blockchain allows anyone to make a transaction in a faster and more efficient way, anywhere at any time. With the help of cryptography, security is no longer a concern.
With advanced cryptography, all data are verified and encrypted in the blockchain, making it resistant to unauthorized changes and hacks.
Blockchains enables faster, more secure and more reliable automated communication. Emails, system alerts, and call notifications are a must in the business world, blockchain can help to produce an accurate record of communication based on pre-built algorithms.
Blockchain is undoubtedly the fastest-growing digital technology since the evolution of the internet. Today, corporates and startups are jumping on the blockchain trend and looking for different ways to promote their ideas by applying this new technology. Here are some of the interesting up-and-coming blockchain startups and projects in Hong Kong:
CryptoBLK – A technology company focusing on building, deploying, and operating DLT solutions and systems for various financial services domains.
Gatecoin – A well-rounded blockchain platform in the market. It allows users to initiate in bitcoin trading and avail merchant-related financial services based on the bitcoin blockchain network.
ANXPRO - An advanced trading platform designed for experienced digital assets traders and specializes in Altcoins, Algos and Performance.
LikeCoin – A blockchain protocol for independent content creators, which provides a mechanism for creators worldwide to be rewarded for their original or derivative work
Join us as we uncover the hidden gems and popular dining hotspots around Garage Society Sai Ying Pun. Whether you're a local in search of new lunchtime favorites or a visitor craving a taste of the vibrant dining scene, this guide is your ticket to culinary delight.
From quick bites to leisurely lunches, Sai Ying Pun has it all, and we're here to guide you through the flavors that await. Get ready to recharge and refuel at the lunch spots that call Sai Ying Pun home
We sat down with former Garager and longtime friend of Garage, Claire Yates, Founder of The Lion Rock Press to explore the hurdles faced in running a business in Hong Kong, the benefits of co-working spaces, the challenges of exploring new business ventures in the world of tech and the significance of physical greeting cards in today's digital age - dive in below!
This September we welcomed The Aligned Entrepreneurs to Garage Academy for an engaging panel discussion that unpacked valuable insights and inspiring stories from successful entrepreneurs, Mandy Pao, Founder of The Aligned Entrepreneurs and EQ International, Carla Martinesi (Founder of Chomp), and Sonia Samtani (Founder and CEO of All About You Wellness) who have turned their passion into a profession.
From finding fulfilment in work to understanding your values and achieving your goals and more, here are five key areas that emerged from the discussion: