Vendor of the (blockchain) Future
The National Association of REALTORS® produced a “REALTOR® of the future” video in 1990 and thought it would be an excellent time to discuss the “Vendor of the Future” in the blockchain space. To vendors and service providers, adopting blockchains looks expensive and painful. Customer demand for these changes is not there and margins are…
Usage-based Revenue Model
Smart Contracts that “surround” your data with a controllable privacy layer can also track requests. With tracking, you know what information is requested and who is requesting the information. The Smart Contract that controls this interaction could ask for a modest fee from the user to cover publishing costs. Here is how a fee-required request works.…
Blockchain Economics
There are benefits and challenges associated with blockchain. It is easy to get drawn into a jargon-filled debate that results in both sides talking past each other. I thought it would be good to compare the two on the basis of business economics, a consideration that is important to everyone. Advocates for blockchain tout that…
Bridging to the Future
I have been writing about blockchain technology for the last couple of weeks and now it is time to address how it gets introduced into the ecosystem. We start by not confusing the consumer. The word “blockchain” makes eyes glaze over and a barrier descends that blocks the exchange of ideas. Innovators react to this…
What can we learn from Listening?
Whenever one object exerts a force on another object, the second object exerts an equal and opposite on the first. –Newton’s Third Law of Motion “Data owners controlling data access rules” was discussed in an earlier post. This post introduces a new concept; the ability of protected data to drive business transactions with Events. Let’s…
Protecting data with Policies
Information about your lifestyle and preferences is hard to control across many websites. The way we do this today is functional but cumbersome because the underlying databases are being synchronized. Synchronizing means that data is being copied and keeping the copies up to date is the responsibility of the data vendors. The technical staffs work…
Applying Your Terms of Use
Terms of Use for internet-based data are enforced with written legal agreements today. This approach works well when data is centralized but can break down when copies of data are involved. Policing these policies can be expensive for the company responsible for the data. It is difficult to ensure that those who handle your data…
Reflect on history, move forward
I started my career during the mainframe era of the early 80s and have worked with many of the innovations that were introduced as businesses embraced the internet age. The consumer demand for speed and simplicity were the drivers behind the move from mainframes to internet-based portals. Internet consumers look for choices when shopping and…
Refreshed Website
The website has been updated in November 2022 to reflect content protection practices and their impacts on business. A wide range of topics will be covered.