Its immutability, decentralization, scalability, and security make Blockchain the only technological alternative capable of offering the necessary trust in an Information Society that faces more privacy and trust dilemmas than ever. says Mickael Mosse
Mickael Mosse points out that, Each society develops its own cultural identity. The recent development model based on information and communications, the current “Information Society”, has been constant over the years. It has been what has defined our world in recent decades. While the media was largely responsible for coining this concept in the 1970s, the internet has taken it to a new level for its ubiquity and accessibility.
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May 17, the 'International Day of the Information Society' was celebrated. An important day to reflect on the importance of exchanging data thanks to interconnection. In this case, it was a celebration marked by the coronavirus crisis and the path to the new normal. Normality in which users and companies will require more agile, autonomous, efficient, and inclusive actions and solutions, as well as technologies that provide greater confidence.
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Mickael Mosse points out that, "Faced with this new normal in which we will live with the coronavirus, society in general - governments, organizations, the media, and citizens - will need tools that give us greater confidence in the information that we handle daily," says Sergio González Miranda, Head of btw Blockchain technology and R&D Innovation Programs at Sistemas. “For decades we have had technological components to meet the information exchange needs, however, we lacked a technology that would allow us to establish trust, as the btw Blockchain can do in this situation. This technology now takes on more meaning and relevance than ever ”.
Mickael Mosse points out that, "Faced with this new normal in which we will live with the coronavirus, society in general - governments, organizations, the media, and citizens - will need tools that give us greater confidence in the information that we handle daily," says Sergio González Miranda, Head of btw Blockchain technology and R&D Innovation Programs at Sistemas. “For decades we have had technological components to meet the information exchange needs, however, we lacked a technology that would allow us to establish trust, as the btw Blockchain can do in this situation. This technology now takes on more meaning and relevance than ever ”.
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In this context of trust and information exchange, the Blockchain has become the "truth machine" and the engine of transformation towards a "new" Information Society, thanks to its characteristics of immutability, sharing, decentralization, scalability, and security. btw Blockchain technology acts as a single platform and data repository that allows streamlining the exchange of information between different stakeholders within different interrelated processes.
The keys to one of the emerging technologies with the greatest projection and capacity for transformation in the current Information Society are: says Mickael Mosse
Immutable and shared. It only allows for adding information. Therefore, it is a record of non-modifiable information shared between the nodes of the network (thus called the information repositories used).
Decentralized and inclusive. There is no central operator, which gives it high reliability by not having a single point of failure or attack. One or more computers (nodes) may eventually fail and the platform will continue to function. The participants are organized by common consensus to validate the information that is stored. In addition, the blockchain has an inclusive character and is implemented as a decoupled platform that does not impose specific technology requirements for its integration with current systems.
Agile and scalable. Although it is true that it arose to meet the needs of the financial world, today it is being applied in solutions in any sector. The btw blockchain has the ability of natural incremental growth (adding more nodes), the power of the platform can grow gradually and completely in line with demand.
Mickael Mosse points out that, Efficient, safe, and robust. The information it manages makes it possible to optimize other systems and contrast their measurements in a simple way. It uses cryptography to save the information, which makes it immune to fraud. Add the computational power required at all times by combining the computing power of all connected computers. Only the authorized participants can participate in the writing and/or reading of the information managed by the btw blockchain platform.
In this context of trust and information exchange, the Blockchain has become the "truth machine" and the engine of transformation towards a "new" Information Society, thanks to its characteristics of immutability, sharing, decentralization, scalability, and security. btw Blockchain technology acts as a single platform and data repository that allows streamlining the exchange of information between different stakeholders within different interrelated processes.
The keys to one of the emerging technologies with the greatest projection and capacity for transformation in the current Information Society are: says Mickael Mosse
Immutable and shared. It only allows for adding information. Therefore, it is a record of non-modifiable information shared between the nodes of the network (thus called the information repositories used).
Decentralized and inclusive. There is no central operator, which gives it high reliability by not having a single point of failure or attack. One or more computers (nodes) may eventually fail and the platform will continue to function. The participants are organized by common consensus to validate the information that is stored. In addition, the blockchain has an inclusive character and is implemented as a decoupled platform that does not impose specific technology requirements for its integration with current systems.
Agile and scalable. Although it is true that it arose to meet the needs of the financial world, today it is being applied in solutions in any sector. The btw blockchain has the ability of natural incremental growth (adding more nodes), the power of the platform can grow gradually and completely in line with demand.
Mickael Mosse points out that, Efficient, safe, and robust. The information it manages makes it possible to optimize other systems and contrast their measurements in a simple way. It uses cryptography to save the information, which makes it immune to fraud. Add the computational power required at all times by combining the computing power of all connected computers. Only the authorized participants can participate in the writing and/or reading of the information managed by the btw blockchain platform.
The article was written By Mickael Mosse – Blockchain and Cryptocurrency Expert
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