FEBRUARY 2019CIOAPPLICATIONSEUROPE.COM6FEBRAURY - 4 - 2019BLOCKCHAIN SPECIALEditorialTransforming Businesses through DecentralizationTen years ago, a technology invented to merely serve as a public transaction ledger for cryptocurrencies has now matured into an effective, transparent, and secure network for a multitude of applications. Presently, blockchain is rapidly transcending into various markets and is being applied to businesses and operations that rely on information sharing, peer to peer interactions, and payment functions. The ingenuity of blockchain powered systems to support unmatched transparency along with the ability to provide a secured shared view of every transaction makes the technology far more appealing to various businesses.From a technological perspective, it is the blockchain's decentralization architecture that ensures the reliability and immutability of records. Although crucial, implementing blockchain for securing data sets is just one among the many benefits that the technology is capable of delivering. Case in point, blockchain interoperability allows firms to share private information and sensitive data with one another, thereby improving information sharing across diverse networks and ecosystems. This cross-chain service of blockchain will not only make it more practical for day-to-day use but will also enable companies to send information to their peers without the hesitation of data being tampered in the process.While numerous enthusiasts are excitedly adopting this technology, the vulnerabilities of blockchain are yet to be explored and discovered. Thus, as promising as this technology may be, weighing out the merits and demerits of blockchain becomes the pivotal hurdle that organizations need to consider before embracing the technology in their organization. As a result, our editorial board aims to bridge the gap between noteworthy blockchain initiatives and industry leaders pursuing the technology through the current issue of the magazine. Do let us know your thoughtsJoe PhillipManaging Editoreditor@cioapplicationseurope.comJoe PhillipCopyright © 2019 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Volume 03 - 01Published by ValleyMedia, Inc. To subscribe to CIO ApplicationsEuropeVisit www.cioapplicationseurope.com Managing EditorJoe PhillipGraphics & ArtJohn ConnorDeclan ColeAR RamjithSenior WritersClara MathewLeah JaneRoyce D'SouzaEditorial StaffBen JacksonDaniel HolmesEzra BenjaminJames SmithNaomi DaleRachel ClarkVinutha DayanandSales*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffContact Us Phone: 510.996.5125EmailJennifer.Sjennifer.s@cioapplicationseurope.com 510.996.5125sales@cioapplicationseurope.comeditor@cioapplicationseurope.commarketing@cioapplicationseurope.com
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