Decentralized Autonomous Systems and Blockchain

 Blockchain technology

Decentralized Autonomous Systems and Blockchain:

The invention of Bitcoin, followed by other similar crypto-economy platforms brought with it a new distributed computing paradigm that proved to be very useful in many areas. The technology is codenamed “Blockchain”, based on the underlying distributed data structure. With the emergence of Ethereum as a full distributed virtual computer and development platform, it is clear that Blockchain is evolving into a new platform with potential applications in many areas. The technology has been endorsed by all major tech companies such as IBM, Microsoft, SAP and others. Blockchain is creating a lot of “buzz” in financial and business markets. Our research will concentrate on further developing the technology and applying it in many business and enterprise areas. In addition, the lab will provide many services to help organizations adopt the technology to build innovative systems.