Tag

blockchain

What’s the problem with blockchain being applied to the real sector?

Even a perfectly tested and ready-to-run system can very often experience essential problems related to the integration of it into the existing infrastructure. We would like to share our own practical case. Back then — two years ago, we’ve learned a very good lesson...
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The reason to build accounting systems on blockchain

Click to open expanded view (4267 × 1208 px) It’s probably time that we gave a more detailed description of what Distributed Lab does. People often ask us questions like: – Do you develop Stellar forks? – Do you get involved in setting up...
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Blockchain and the notaries

Today on my news feed I saw a statement that blockchain will replace public notaries. The suggestion was—who needs notaries if everything’s already been checked and verified? That’s a completely wrong analogy. Let’s consider it step by step. Who are notaries? In a general...
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Improving the financial affairs of all Mankind: myths about the blockchain

Here’s an excellent plan for improving the financial affairs of all Mankind. All we need to do is add the word ‘blockchain’ to the name of every company/project/product. The shares will instantly rise by a minimum of 30%, which would certainly make everyone richer…...
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Financial Web manifesto

Distributed Lab is 100% committed to make it happen. Any two or more parties should have the opportunity to transact privately and securely. Each of them should have a guaranteed proof of completion of the transaction. At any moment at the request of the...
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The mission of Distributed Lab: Set up a financial web

It’s no mystery that people today don’t make a good use of their assets. In fact, quite a few people have an actual clew of what their assets are really worth. Not to speak of the post-Soviet world where some don’t even have a...
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How to classify kinds of consensus

Making comparisons between currencies and blockchain systems is often a mistaken idea. Why? Because they're different solutions to different problems. Each of these two systems is based on its own separate security model. If we're talking about decentralized systems, and keep that 'decentralized' idea...
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Blockchain & the financial web – dante’s nine circles of hell

Against a background of rising demand in the financial web, Blockchain could become a means to help users achieve their aims. Doing so will mean starting today on the detailed work of rebuilding existing accounting systems. If Dante had been left in charge of...
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