Business Solutions & Software Group Blog

Did you know that the United States has been pushing for the digitization of the dollar? There are certain benefits and detriments to doing so, but we wanted to go over some of them today so you can see how such a thing–digitization–might benefit your company. We’ll take a closer look at the legislation today.

Blockchain has been one of the technologies that are most cited on those “emerging technologies” lists at the beginning of each year for the past several, yet there is no mainstream indication that the technology is being integrated into tools that can benefit businesses and individuals. Today, we thought we would take a look at some of the ways blockchain technology was going to be used to improve digital systems and what is taking so long for these tools to be developed and initiated. 

We often go into depth about technology, management, and other business-oriented topics, and occasionally we decide to talk about a technology that may not be all that familiar to people with the hope that a short primer on the subject will ultimately help our readers to become curious and do their own research to understand the technology better. With Bitcoin being a trending topic in the news, understanding what a blockchain is will help you understand how this technology will drive data security in the coming years.

Bitcoin, a cryptocurrency used for anonymity on the web, was once the hottest thing on the cyber market. Everyone thought it was a great innovation that allowed for improved online privacy for transactions. Thanks to some rather complicated matters, though, Bitcoin took a nosedive and has needed some time to get back on its feet. Now, it seems people are finally using Bitcoin again, and in a never before seen quantity.