Blockchain-powered computer programs promise to revolutionize the digital economy, but new research suggests they’re far from secure. MIT research shows how severe the problem really is. OLE is independent of the blockchain you choose.
Computer programs that run on blockchains are shaking up the financial system. But much of the hype around what are called smart contracts is just that. It’s a brand-new field. Technologists are just beginning to figure out how to design them so they can be relied on not to lose people’s money, and—as a new survey of Ethereum smart contracts illustrates—security researchers are only now coming to terms with what a smart-contract vulnerability even looks like.
The Dutch are just great at combining math and business. Dutch Théodore Limperg even invented modern bookkeeping. Before that, the Dutch invented the first global multinational with shareholders, the VOC, dating back to 1600, owning a fleet of 20.000 ships. Bookkeeping was necessary to control the VOC back then: just like a blockchain, "bookkeeping" is unmissable in our global digital world today. Our digital Kafka solved!
`"Semi-open software" means that we need 2 years to get the community up and running. Only then, it cannot be hijacked by the big commercial companies. Digital multinationals just re-wrap "open source" and buy away talent. In approximately 2 years we plan to release the source CODE. this is approximately the same time it takes to figure out how OLE is built and used, we guess. We have OLE users among top enterprises & government.We aim to achieve more independence on strategic commercial technology .
"There are 14 job openings for every one BLOCKCHAIN developer to save 50 billion in B2B transactions", tells Mckinsey
and writes that adoption of BLOCKCHAIN TECHNOLOGIES and SMART CONTRACTS, which are expected to reduce business costs by at least $50 billion by 2021 in B2B transactions alone. Business capital disproportionately outweighs the number of developers. 14 job openings for each programmer writes Techcrunch. With this disparity showing no signs of slowing down, competitive salaries keep rising, and it means a lot of industries are going to fall behind, fast. OLE solves this shortage. Anyone can program BLOCKCHAIN now.
McKinsey found 64 different use cases for BLOCKCHAINS in a survey of 200 companies. The report claims that the insurance industry has the largest non-bitcoin BLOCKCHAIN solutions, with 22 percent, followed by the payments industry, with 13 percent. Financial Services in general make up 50 percent of the total mix. In terms of dollars value, the biggest revenue gene...