BitTicket uses Blockchain to Combat Ticket Fraud

The Problem: In 2017, the City of London Police National Fraud Intelligence Bureau discovered that over the last three years more than $22 million dollars has been lost to ticket fraud. Outside the scope of actual fraud, but still related to ticket sales, reseller ticket websites earn huge profit margins by buying hundreds of tickets…

Cryptocurrency and security

Cryptocurrency company investors have, yet again become victims of phishing attacks, and this is just the beginning… With this week’s news that hackers stole millions of dollars worth of Block.one’s EOS tokens, there is, yet again, more evidence indicating that certain large cryptocurrency companies – and their blockchain platforms – have severe security vulnerabilities. For…

PowerPlex 2018 – Innovation in Manufacturing

Introduction PowerPlex 2018, held May 14-17 in Detroit, Michigan, hosted more than 1,000 members of the Plex community who gathered to learn about new solutions and technologies and share innovative ideas with their peers.  Plex is a leader in cloud-based manufacturing ERP software for a variety of industries including automotive, aerospace and defense, food and…

DB Systel and IBM tackle transportation with blockchain

DB Systel is one of the largest global mobility and logistics companies in Europe. With management of over 12 million passengers daily across their networks, the company always has its eyes on the latest emerging technologies, looking for ways to grow their business while increasing efficiency at the same time. The company’s research and innovation…

Blockchain: Myths and Misconceptions

When new technologies are announced, it always seems that a flood of new thoughts, opinions, misinformation and rumors follow. Such is the case with “blockchain”, the evolving electronic ledger technology. I found evidence of this phenomenon when I attended a major eGovernment seminar in Dubai, UAE, a few weeks ago. Background: I recently had the…

How blockchain can prevent Facebook disasters

By Billy Clabby, Clabby Analytics A few weeks ago I started paying more attention to targeted ads on Facebook and its affiliated application platforms. When Cambridge Analytica gained access to online user profiles and used that data to create its own personal profiles, it left many wondering how Facebook could have let this happen — and came…

Royal Cyber Blockchain Deployments

By Billy Clabby, Clabby Analytics At Clabby Analytics we’re constantly looking for interesting blockchain case studies, use cases and vendors.  We found one such service vendor, Royal Cyber, when attending a trade show recently in Las Vegas. Royal Cyber was founded in 2002 as a systems integrator, and over time has added several software solutions to its…

Crypto-anchors and how they can be used to prevent fraud

  The Cost of Fraud In Clabby Analytics blog, “What is blockchain and how are businesses preparing?” we note that the world relies on the Internet for trillions of dollars of transactions annually.  Along with this reliance comes fraud and risk.  According to IBM Research, fraud is costing the global economy more than $600 billion…

IBM Think 2018: The Data + AI Inflection Point

By Joe Clabby, Clabby Analytics IBM has consolidated its many customer/partner conferences (Interconnect, World of Watson…) into a single conference, now called “Think” – a once yearly, one-stop-shop for details on IBM products and strategies, customer/user strategies and implementation, product demonstrations, strategic planning (with access to industry/product experts) and hands-on laboratories.  Now customers and partners…

A Closer Look at Hyperledger

By Billy Clabby, Clabby Analytics Hyperledger is a term that refers to many different Linux Foundation projects that take advantage of blockchain technology. These projects create protocols and frameworks that tailor blockchain applications to specific purposes. According to the Linux Foundation, “Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It…

What is Blockchain and how are businesses preparing?

By Billy Clabby, Clabby Analytics This blog is the first in a series about blockchain. When I started at Clabby Analytics, blockchain was one of the first technology trends that caught my attention. I became interested in security and fraud detection in an internship at JPMC, while attending the iSchool at Syracuse University. I would…