Blockchain Intelligence Group to Join Wall Street Blockchain Alliance

The Wall Street Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term Alliance (WSBA), a non-profit distributed ledger technology trade association, has secured a new member, adding Blockchain Intelligence Group (BIG) as the latest entrant to its organization.

The group’s paramount aim is to help guide and promote the comprehensive adoption of distributed ledger technology across all financial markets. As the newest corporate member of the WSBA, Blockchain Intelligence Group will join the growing ranks of proactive industry leaders in facilitating the growth and adoption of ledger technology.

Currently, BIG deploys a robust suite of utilities, including Blockbits, BitRank and Qlue products provide real-time search, data analytics and risk assessment for blockchain-based data and assets, such as bitcoin and other cryptocurrency transactions.

According to Ron Quaranta, Chairman and founder of WSBA, in a statement on the membership: “The WSBA is very pleased to have Blockchain Intelligence Group join the family of WSBA corporate members. With BIG’s strong suite of products and deep domain expertise, their contribution and thought leadership will be invaluable to WSBA members, as well as the wider blockchain universe.”

“Their command of complex analytics aligns well with our recently launched Blockchain Assets Working Group, and I am looking forward to some amazing scholarship in the near future,” he added.

“We are thrilled to become members of the Wall Street Blockchain Alliance. Big data analytics stands to substantially improve business conducted via blockchains and Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term, as they become increasingly utilized within the financial community. The opportunity to work with other members and partners of the WSBA will help expedite innovation and collaboration,” explained Lance Morginn, CEO of BIG.