Jun
23
What are the costs of Distributed Ledger Technology (DLT) Blockchain for Business Apps?
We are now at a technology tipping point where the application of blockchain technology is feasible for businesses and startups. The cost of implementing Blockchain applications has reduced through vendor support in the form of Blockchain as a Service (Baas) and open source libraries. However, care should be taken before diving into implementing a project using Blockchain, as a number of hidden costs and variables must be carefully examined. What is Blockchain? You can read the comprehensive definition of Blockchain on Wikipedia; however, Dr Mark Staples (Data61) eloquently distills the essence of a Blockchain to simply, "A distributed database and…
Oct
17
Uber set for ‘Uber valuation’ that would eclipse Twitter & Hertz
The 5 year-old startup Uber is shaking up the taxicab and black car markets with a predicted 'Uber valuation' set to disrupt some of the long established giants. The booking app that quickly managed to disrupt the space is currently operating in 53 countries, and locally in Brisbane and Gold Coast. According to Uber Brisbane manager, Mr Mike Abbott, "Uber has been successful because our technology is pro-consumer, pro-driver and pro-community.” (source: Gold Coast Bulletin). Despite the attacks, Uber is taking the controversy and regulatory challenges in its' stride, and more so to its' financial success. "If Uber completes the funding, the valuation…
