Article

Fintech and Blockchain for Senior IT Managers

Posted December 12, 2016 | Industry | Leadership | Technology | Amplify
Figure 2 — Mining blockchains, blocks, and transactions

Blockchain is most simply defined as “the first native digital medium for value, just as the Internet was the first native digital medium for information.” Blockchain has gained great attention, investment, and development because it addresses two of the riskiest aspects of life and business on the Internet: transactions and trust. We’ve long recognized the security, privacy, and trust issues that plague the Internet, and since the early 1980s technologists have been working on a solution. For transactions, intermediaries have made possible the trust and security needed to complete transactions and until now have been the best method for completing transactions with trust. However, as we know, security has unfortunately been a weak point, with data breaches leaving individuals’ personal and financial information vulnerable and putting trust at risk.

About The Author
Steven Kursh
Steven Kursh is an Adjunct Professor in the School of Engineering at Vanderbilt University and an independent consultant focused on the software industry and intellectual property. He is a former Senior Consultant with Cutter Consortium's Business Technology & Digital Transformation Strategies practice. Dr. Kursh has extensive experience in software development, software project management, contract performance, intellectual property, and… Read More
Arthur Schnure
Arthur Schnure is an independent technical consultant focused on healthcare, health insurance, and state government architecture and performance, including cloud and on-premise software implementations. Mr. Schnure's software startup background and experience with large mission-critical software deployments provide real-world practical expertise needed to address the growing challenges in SaaS cloud applications. He is a licensed Professional… Read More
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