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Posts Tagged ‘Blockchain’


The joke about creative professionals being starving artists has been around for quite some time. It can be understandable why there’s this prevailing view since there are many critically acclaimed artists who failed to parley their genius into financial success. Then, there are the countless others who never even got their shot at fame.

 

The emergence of digital technologies and the internet has somehow improved the situation for creative professionals. There is now a real demand for their talents and skills in today’s workforce. In addition, there are also a variety of self-publishing platforms that artists can use to get their works out to a global audience. However, despite these developments, creative professionals continue to bemoan the barriers to effective monetization of their works. Corporations and key personalities can still exert much influence over who succeeds in the creative and entertainment industries.

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Swirlds is a software platform that has developed the hashgraph consensus algorithm: an entirely new distributed ledger technology that is much more cost-effective (no proof-of-work), 50,000 times the speed, safer (Byzantine), more efficient (no stale blocks) and mathematically fairer than the blockchain.

This is the future of the internet and decentralized technology.

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