Ecoer Logo
VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS0.00%
Net Worth
0.733USD
STEEM
0.000STEEM
SBD
0.000SBD
Own SP
13.540SP

Detailed Balance

STEEM
balance
0.000STEEM
market_balance
0.000STEEM
savings_balance
0.000STEEM
reward_steem_balance
0.000STEEM
STEEM POWER
Own SP
13.540SP
Delegated Out
0.000SP
Delegation In
0.000SP
Effective Power
13.540SP
Reward SP (pending)
0.000SP
SBD
sbd_balance
0.000SBD
sbd_conversions
0.000SBD
sbd_market_balance
0.000SBD
savings_sbd_balance
0.000SBD
reward_sbd_balance
0.000SBD
{
  "balance": "0.000 STEEM",
  "savings_balance": "0.000 STEEM",
  "reward_steem_balance": "0.000 STEEM",
  "vesting_shares": "22048.616299 VESTS",
  "delegated_vesting_shares": "0.000000 VESTS",
  "received_vesting_shares": "0.000000 VESTS",
  "sbd_balance": "0.000 SBD",
  "savings_sbd_balance": "0.000 SBD",
  "reward_sbd_balance": "0.000 SBD",
  "conversions": []
}

Account Info

namejuliocm
id28508
rank106,751
reputation210218890
created2016-07-19T12:49:51
recovery_accountsteem
proxyNone
post_count4
comment_count0
lifetime_vote_count0
witnesses_voted_for0
last_post2016-07-19T13:22:15
last_root_post2016-07-19T13:22:15
last_vote_time2016-07-19T14:44:39
proxied_vsf_votes0, 0, 0, 0
can_vote1
voting_power9,744
delayed_votes0
balance0.000 STEEM
savings_balance0.000 STEEM
sbd_balance0.000 SBD
savings_sbd_balance0.000 SBD
vesting_shares22048.616299 VESTS
delegated_vesting_shares0.000000 VESTS
received_vesting_shares0.000000 VESTS
reward_vesting_balance0.000000 VESTS
vesting_balance0.000 STEEM
vesting_withdraw_rate0.000000 VESTS
next_vesting_withdrawal1969-12-31T23:59:59
withdrawn0
to_withdraw0
withdraw_routes0
savings_withdraw_requests0
last_account_recovery1970-01-01T00:00:00
reset_accountnull
last_owner_update1970-01-01T00:00:00
last_account_update1970-01-01T00:00:00
minedNo
sbd_seconds0
sbd_last_interest_payment1970-01-01T00:00:00
savings_sbd_last_interest_payment1970-01-01T00:00:00
{
  "id": 28508,
  "name": "juliocm",
  "owner": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM7KsuLcSvyBMBs3vvf1b1TJ7tkpfd5vDTC4JAr6dmzzwcYLfFGK",
        1
      ]
    ]
  },
  "active": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM8Jcbihu8fFZV5D6fowYmUU2VuiR3tS8TG36sST4yLiTabheEhe",
        1
      ]
    ]
  },
  "posting": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM5dXW7Wac8LNoMTGeXZqANzKJshk8iDCYUDkFTZmJcFbR5LMWqR",
        1
      ]
    ]
  },
  "memo_key": "STM5mNDC1UkSmo4f2cYpQRhtNSJXhVdYe8B7tWkK67Av6kK5v2RWm",
  "json_metadata": "",
  "posting_json_metadata": "",
  "proxy": "",
  "last_owner_update": "1970-01-01T00:00:00",
  "last_account_update": "1970-01-01T00:00:00",
  "created": "2016-07-19T12:49:51",
  "mined": false,
  "recovery_account": "steem",
  "last_account_recovery": "1970-01-01T00:00:00",
  "reset_account": "null",
  "comment_count": 0,
  "lifetime_vote_count": 0,
  "post_count": 4,
  "can_vote": true,
  "voting_manabar": {
    "current_mana": 9744,
    "last_update_time": 1468939479
  },
  "downvote_manabar": {
    "current_mana": 0,
    "last_update_time": 1468932591
  },
  "voting_power": 9744,
  "balance": "0.000 STEEM",
  "savings_balance": "0.000 STEEM",
  "sbd_balance": "0.000 SBD",
  "sbd_seconds": "0",
  "sbd_seconds_last_update": "1970-01-01T00:00:00",
  "sbd_last_interest_payment": "1970-01-01T00:00:00",
  "savings_sbd_balance": "0.000 SBD",
  "savings_sbd_seconds": "0",
  "savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
  "savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
  "savings_withdraw_requests": 0,
  "reward_sbd_balance": "0.000 SBD",
  "reward_steem_balance": "0.000 STEEM",
  "reward_vesting_balance": "0.000000 VESTS",
  "reward_vesting_steem": "0.000 STEEM",
  "vesting_shares": "22048.616299 VESTS",
  "delegated_vesting_shares": "0.000000 VESTS",
  "received_vesting_shares": "0.000000 VESTS",
  "vesting_withdraw_rate": "0.000000 VESTS",
  "next_vesting_withdrawal": "1969-12-31T23:59:59",
  "withdrawn": 0,
  "to_withdraw": 0,
  "withdraw_routes": 0,
  "curation_rewards": 0,
  "posting_rewards": 0,
  "proxied_vsf_votes": [
    0,
    0,
    0,
    0
  ],
  "witnesses_voted_for": 0,
  "last_post": "2016-07-19T13:22:15",
  "last_root_post": "2016-07-19T13:22:15",
  "last_vote_time": "2016-07-19T14:44:39",
  "post_bandwidth": 0,
  "pending_claimed_accounts": 0,
  "vesting_balance": "0.000 STEEM",
  "reputation": 210218890,
  "transfer_history": [],
  "market_history": [],
  "post_history": [],
  "vote_history": [],
  "other_history": [],
  "witness_votes": [],
  "tags_usage": [],
  "guest_bloggers": [],
  "rank": 106751
}

Withdraw Routes

IncomingOutgoing
Empty
Empty
{
  "incoming": [],
  "outgoing": []
}
From Date
To Date
2019/07/19 14:09:51
parent authorjuliocm
parent permlinksteem-how-to-earn
authorsteemitboard
permlinksteemitboard-notify-juliocm-20190719t140950000z
title
bodyCongratulations @juliocm! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@juliocm/birthday3.png</td><td>Happy Birthday! - You are on the Steem blockchain for 3 years!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@juliocm) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=juliocm)_</sub> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!
json metadata{"image":["https://steemitboard.com/img/notify.png"]}
Transaction InfoBlock #34800672/Trx c96870de89d1af0e3d3357e73fbb5f80dbe90e93
View Raw JSON Data
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  "virtual_op": 0,
  "timestamp": "2019-07-19T14:09:51",
  "op": [
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    {
      "parent_author": "juliocm",
      "parent_permlink": "steem-how-to-earn",
      "author": "steemitboard",
      "permlink": "steemitboard-notify-juliocm-20190719t140950000z",
      "title": "",
      "body": "Congratulations @juliocm! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@juliocm/birthday3.png</td><td>Happy Birthday! - You are on the Steem blockchain for 3 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@juliocm) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=juliocm)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}"
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}
2018/07/19 15:01:00
parent authorjuliocm
parent permlinksteem-how-to-earn
authorsteemitboard
permlinksteemitboard-notify-juliocm-20180719t150100000z
title
bodyCongratulations @juliocm! You have received a personal award! [![](https://steemitimages.com/70x70/http://steemitboard.com/@juliocm/birthday2.png)](http://steemitboard.com/@juliocm) 2 Years on Steemit <sub>_Click on the badge to view your Board of Honor._</sub> **Do not miss the last post from @steemitboard:** [SteemitBoard World Cup Contest - The results, the winners and the prizes](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-the-results-and-prizes) > Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!
json metadata{"image":["https://steemitboard.com/img/notify.png"]}
Transaction InfoBlock #24315358/Trx 2a153847e354e75e1719a23205f11adc42d5c7c9
View Raw JSON Data
{
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  "op": [
    "comment",
    {
      "parent_author": "juliocm",
      "parent_permlink": "steem-how-to-earn",
      "author": "steemitboard",
      "permlink": "steemitboard-notify-juliocm-20180719t150100000z",
      "title": "",
      "body": "Congratulations @juliocm! You have received a personal award!\n\n[![](https://steemitimages.com/70x70/http://steemitboard.com/@juliocm/birthday2.png)](http://steemitboard.com/@juliocm)  2 Years on Steemit\n<sub>_Click on the badge to view your Board of Honor._</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n[SteemitBoard World Cup Contest - The results, the winners and the prizes](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-the-results-and-prizes)\n\n> Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
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}
2018/04/12 03:10:30
votercoolie808
authorjuliocm
permlinksteem-how-to-earn
weight10000 (100.00%)
Transaction InfoBlock #21490948/Trx e2d1daff12de368291c72df3700cf367892573e6
View Raw JSON Data
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  "op": [
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}
2018/02/17 08:39:21
voterturnkeyshop
authorjuliocm
permlinksteem-price-charts
weight10000 (100.00%)
Transaction InfoBlock #19944055/Trx 0fdec8c320a93215f79838253f09ebb9c48abbc2
View Raw JSON Data
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2018/02/12 20:11:09
votersageb2
authorjuliocm
permlinksteem-price-charts
weight10000 (100.00%)
Transaction InfoBlock #19814021/Trx 561c15047b412b4f76806cf96777999d225b2130
View Raw JSON Data
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  "op": [
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}
2018/01/29 18:15:36
voterrygaberg
authorjuliocm
permlinksteem-how-to-earn
weight10000 (100.00%)
Transaction InfoBlock #19409166/Trx febfe743056898a5c09973d469348057e261d77b
View Raw JSON Data
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      "voter": "rygaberg",
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}
2018/01/23 06:51:30
voteremmajoy
authorjuliocm
permlinksteem-how-to-earn
weight10000 (100.00%)
Transaction InfoBlock #19222774/Trx 5d4df66280c46384fb6cd76a9683ec338f62aacf
View Raw JSON Data
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  "timestamp": "2018-01-23T06:51:30",
  "op": [
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    {
      "voter": "emmajoy",
      "author": "juliocm",
      "permlink": "steem-how-to-earn",
      "weight": 10000
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  ]
}
2018/01/13 01:48:06
voternokids
authorjuliocm
permlinksteem-price-charts
weight10000 (100.00%)
Transaction InfoBlock #18928876/Trx cd74d22ed453e9ed3463c9fa545117c8fa75bb6d
View Raw JSON Data
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  "trx_id": "cd74d22ed453e9ed3463c9fa545117c8fa75bb6d",
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  "timestamp": "2018-01-13T01:48:06",
  "op": [
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    {
      "voter": "nokids",
      "author": "juliocm",
      "permlink": "steem-price-charts",
      "weight": 10000
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}
2017/09/16 04:00:39
voterlittledeer
authorjuliocm
permlinksteem-how-to-earn
weight10000 (100.00%)
Transaction InfoBlock #15506623/Trx 1eb9b2ca2ec7e8de0ecc676eb48146e80d3c85d1
View Raw JSON Data
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  "timestamp": "2017-09-16T04:00:39",
  "op": [
    "vote",
    {
      "voter": "littledeer",
      "author": "juliocm",
      "permlink": "steem-how-to-earn",
      "weight": 10000
    }
  ]
}
2017/09/03 22:30:51
voterlambchop666
authorjuliocm
permlinksteem-how-to-earn
weight10000 (100.00%)
Transaction InfoBlock #15154580/Trx a635c01ed1fcd407d32ec33454d1da5811367d5a
View Raw JSON Data
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  "virtual_op": 0,
  "timestamp": "2017-09-03T22:30:51",
  "op": [
    "vote",
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      "voter": "lambchop666",
      "author": "juliocm",
      "permlink": "steem-how-to-earn",
      "weight": 10000
    }
  ]
}
2017/09/03 15:02:36
parent authorjuliocm
parent permlinksteem-price-charts
authorkortneymorse1991
permlinkre-juliocm-steem-price-charts-20170903t150237908z
title
bodyInteresting post. Nice to see I'm not the only one who thinks like this. Though prices might seam inflated for now I don't think they will look like this 2, 3 years from now. I found this great website: https://www.coincheckup.com They seem to give this complete indepth analysis of all cryptocoins. Check for example: https://www.coincheckup.com/coins/Steem#analysis For a complete Steem Report
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Transaction InfoBlock #15145617/Trx 7d1a2c3c917555958f3c92b7eb9c7936f534afc9
View Raw JSON Data
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  "virtual_op": 0,
  "timestamp": "2017-09-03T15:02:36",
  "op": [
    "comment",
    {
      "parent_author": "juliocm",
      "parent_permlink": "steem-price-charts",
      "author": "kortneymorse1991",
      "permlink": "re-juliocm-steem-price-charts-20170903t150237908z",
      "title": "",
      "body": "Interesting post. Nice to see I'm not the only one who thinks like this. Though prices might seam inflated for now I don't think they will look like this 2, 3 years from now.  I found this great website: https://www.coincheckup.com They seem to give this complete indepth analysis of all cryptocoins.  Check for example:  https://www.coincheckup.com/coins/Steem#analysis For a complete Steem Report",
      "json_metadata": "{\"tags\":[\"steem\"],\"links\":[\"https://www.coincheckup.com\"],\"app\":\"steemit/0.1\"}"
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}
2017/09/02 18:39:09
voterswasthikshetty
authorjuliocm
permlinksteem-price-charts
weight10000 (100.00%)
Transaction InfoBlock #15121157/Trx 1a430ba7d2a2d19c2d1bff1b1f15d88a96a8f0f3
View Raw JSON Data
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  "op": [
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}
2017/07/19 08:41:24
voterweirdheadaches
authorjuliocm
permlinksteem-how-to-earn
weight10000 (100.00%)
Transaction InfoBlock #13815049/Trx 1cce180ca2c5ddb804797ddc33584e5f89d037c6
View Raw JSON Data
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  "timestamp": "2017-07-19T08:41:24",
  "op": [
    "vote",
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      "voter": "weirdheadaches",
      "author": "juliocm",
      "permlink": "steem-how-to-earn",
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}
2017/06/28 18:46:03
parent authorjuliocm
parent permlinksteem-how-to-earn
authormohammedfelahi
permlinkre-juliocm-steem-how-to-earn-20170628t184604555z
title
bodyI am here for a 5 days and I got steem board medal for posting and up vote but still I can see my account value is diminishing and I am loosing everyday. I do not see any increase in my account. Though I am getting some steem money in every post.
json metadata{"tags":["steem"],"app":"steemit/0.1"}
Transaction InfoBlock #13223282/Trx 2aed4202557d8293c2669c997bad6c5f420cb6f9
View Raw JSON Data
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  "timestamp": "2017-06-28T18:46:03",
  "op": [
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      "author": "mohammedfelahi",
      "permlink": "re-juliocm-steem-how-to-earn-20170628t184604555z",
      "title": "",
      "body": "I am here for a 5 days and I got steem board medal  for posting and up vote but still  I can see my account value is diminishing and I am loosing everyday.  I do not see any increase in my account.\nThough I am getting some steem money in every post.",
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2017/06/28 18:42:48
votermohammedfelahi
authorjuliocm
permlinksteem-how-to-earn
weight10000 (100.00%)
Transaction InfoBlock #13223217/Trx bc850c92042960cd5e9fb15716d1316b33ec6888
View Raw JSON Data
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  "op": [
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2017/05/20 17:08:00
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2017/05/12 11:57:06
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2017/05/09 17:53:03
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2017/05/09 17:52:54
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2017/01/20 08:59:36
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2017/01/12 23:03:21
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2016/10/08 15:11:03
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2016/07/31 14:23:18
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2016/07/25 16:06:12
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2016/07/20 13:11:24
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mixaupvoted (100.00%) @juliocm / steem-price-charts
2016/07/19 22:00:30
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mixaupvoted (100.00%) @juliocm / steem-how-to-earn
2016/07/19 21:59:42
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2016/07/19 21:59:24
parent authorjuliocm
parent permlinksteem-how-to-earn
authorjameswoods
permlinkre-juliocm-steem-how-to-earn-20160719t215919258z
title
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2016/07/19 21:58:30
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jed78upvoted (100.00%) @juliocm / steem-how-to-earn
2016/07/19 15:19:00
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2016/07/19 14:44:39
voterjuliocm
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2016/07/19 14:18:36
parent authorjuliocm
parent permlinksteem-how-to-earn
authorwongshiying
permlinkre-juliocm-steem-how-to-earn-20160719t141830181z
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2016/07/19 13:37:09
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2016/07/19 13:36:24
parent authorjuliocm
parent permlinksteem-how-to-earn
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2016/07/19 13:35:54
voterjuliocm
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2016/07/19 13:34:36
voterjuliocm
authorsteemship
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fitrupvoted (100.00%) @juliocm / steem-how-to-earn
2016/07/19 13:30:15
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2016/07/19 13:24:21
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2016/07/19 13:22:15
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juliocmpublished a new post: steem-how-to-earn
2016/07/19 13:22:15
parent author
parent permlinksteem
authorjuliocm
permlinksteem-how-to-earn
titleSteem - How to earn?
bodyHello Steemers, I am new here, how do I earn more Steem? Do I earn steem just by upvoting cool post? Do I earn steem by posting new post? Thanks in advance !!!
json metadata{"tags":["steem","how","to","earn","doubt"]}
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      "title": "Steem - How to earn?",
      "body": "Hello Steemers,\nI am new here, how do I earn more Steem?\n\n    Do I earn steem just by upvoting cool post?\n    Do I earn steem by posting new post?\n\nThanks in advance !!!",
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2016/07/19 13:21:00
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2016/07/19 13:16:39
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2016/07/19 13:16:06
voterjuliocm
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juliocmpublished a new post: steem-price-charts
2016/07/19 13:16:06
parent author
parent permlinksteem
authorjuliocm
permlinksteem-price-charts
titleSteem price - charts !!!
bodyNice site to follow Steem prices: https://www.worldcoinindex.com/coin/steem :-)
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      "author": "juliocm",
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      "title": "Steem price - charts !!!",
      "body": "Nice site to follow Steem prices:\n\nhttps://www.worldcoinindex.com/coin/steem\n\n:-)",
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2016/07/19 13:13:06
votervividani
authorjuliocm
permlinkmoeda-digital-steem-dispara-mais-de-1000-em-2-semanas
weight10000 (100.00%)
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2016/07/19 13:07:09
voterjuliocm
authorjuliocm
permlinkmoeda-digital-steem-dispara-mais-de-1000-em-2-semanas
weight10000 (100.00%)
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2016/07/19 13:07:09
parent author
parent permlinksteem
authorjuliocm
permlinkmoeda-digital-steem-dispara-mais-de-1000-em-2-semanas
titleMoeda digital Steem dispara mais de 1000% em 2 semanas
bodyA Steem, moeda digital do novo site de mídia social Steemit, disparou mais de 1000% nesta terça-feira (12), para mais de US$ 150 milhões, duas semanas após ter pago pela primeira vez pessoas que postaram no site, segundo a coinmarketcap.com. O Steemit é basicamente um website que recompensa ou paga usuários que postam conteúdo que recebe múltiplos "afirmativos" dos participantes do site. O prêmio é dado na moeda steem. O conteúdo no site não é limitado a moedas digitais e usuários já fizeram postagens de tópicos variados, desde lasanha até sobre uma viagem para o Norte da África. "É basicamente uma plataforma de mídia social com incentivo" disse o presidente da Steemit, Ned Scott, em entrevista. O preço da moeda steem nesta terça era de US$ 1,75, equivalente a um valor de mercado de US$ 151,8 milhões. Esse é o valor dos 81,6 milhões de steems em circulação. Em 4 de julho, quando a Steemit usou steems pela primeira vez para pagar usuários pelo seu conteúdo, o valor era de apenas 13 milhões de dólares, de acordo com Scott. A Steem é a quinta maior moeda digital em termos de valor de mercado. A coinmarketcap.com monitora 657 moedas digitais.
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      "title": "Moeda digital Steem dispara mais de 1000% em 2 semanas",
      "body": "A Steem, moeda digital do novo site de mídia social Steemit, disparou mais de 1000% nesta terça-feira (12), para mais de US$ 150 milhões, duas semanas após ter pago pela primeira vez pessoas que postaram no site, segundo a coinmarketcap.com.\nO Steemit é basicamente um website que recompensa ou paga usuários que postam conteúdo que recebe múltiplos \"afirmativos\" dos participantes do site. O prêmio é dado na moeda steem. O conteúdo no site não é limitado a moedas digitais e usuários já fizeram postagens de tópicos variados, desde lasanha até sobre uma viagem para o Norte da África.\n \"É basicamente uma plataforma de mídia social com incentivo\" disse o presidente da Steemit, Ned Scott, em entrevista.\nO preço da moeda steem nesta terça era de US$ 1,75, equivalente a um valor de mercado de US$ 151,8 milhões.\nEsse é o valor dos 81,6 milhões de steems em circulação. Em 4 de julho, quando a Steemit usou steems pela primeira vez para pagar usuários pelo seu conteúdo, o valor era de apenas 13 milhões de dólares, de acordo com Scott.\nA Steem é a quinta maior moeda digital em termos de valor de mercado. A coinmarketcap.com monitora 657 moedas digitais.",
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2016/07/19 12:59:51
voterjuliocm
authorjuliocm
permlinkhow-blockchain-will-transform-business-and-society
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2016/07/19 12:59:51
parent author
parent permlinkblockchain
authorjuliocm
permlinkhow-blockchain-will-transform-business-and-society
titleHow Blockchain will transform business and society
bodyThe Linux operating system started as a gleam in the eye of a Finnish university student, Linus Torvalds, who simply wanted to find a better way to connect his new PC to his school’s computer system. Now it’s one of the underpinnings of the 21st century economy. Linux is all the proof we need of the power of open source software to change the world. Today, the Linux Foundation, a nonprofit organization enabling mass innovation through open source, is launching an initiative that could follow a similar trajectory. It’s announcing an open source project to fulfill the tremendous potential of blockchain. Blockchain is a technology for a new generation of transactional applications that establishes trust, accountability and transparency while streamlining business processes. Think of it as an operating system for interactions. It has the potential to vastly reduce the cost and complexity of getting things done. It’s essential for blockchain technology to be developed following the open source model so a critical mass of organizations will coalesce around it—and reap its full benefits. Because of the open source rules, participants can trust that the technology will fulfill their needs and conform with industry standards–assuring interoperability between blockchain applications. Also, by sharing the foundational layer, the participants can focus their individual efforts on industry-specific applications, platforms, and hardware systems to support transactions. We believe that the best path forward for blockchain is for the tech industry, government, and the business community to consolidate their efforts around a single open source blockchain foundation that’s developed and governed in an environment of transparency and cooperation. We also believe that organizations will be best served if they use industry-specific or function-specific extensions of that technology, which are created and governed following the same principles. For these reasons, we’re throwing our weight behind the Linux Foundation’s open ledger project. Other early commitments have come from Accenture, ANZ Bank, Cisco, Credits, Deutsche Borse, Digital Asset Holdings, DTCC, Fujitsu, IC3, Intel, J.P. Morgan, London Stock Exchange Group, Mitsubishi UFJ Financial Group, R3, State Street, SWIFT, VMware, and Wells Fargo. In addition to signing on as a charter member, we’re developing an enterprise-grade blockchain software fabric, which is the term the tech industry has chosen to describe this novel architecture. We plan on contributing the fabric to the new project—along with intellectual property related to it. Also, IBM is helping our clients discover what blockchain can do for them and developing commercial products that will serve particular domains or cut across industries. Blockchain got its start several years ago as a key ingredient of Bitcoin, the crypto currency, but, it turns out, the technology can make a difference whenever valuable assets are transferred from one party to another. At its essence, blockchain is a distributed ledger shared via a peer-to-peer network. Each participant has a copy of the ledger’s data, and additions or changes to the chain are propagated throughout the network—but only after the parties in the transaction agree on it. This approach enables participants to dispense with a great deal of reviewing and verifying that adds to the cost and time it takes to complete transactions. There will be many uses for blockchain in business and society. Banks, investment banks, financial marketplaces and insurance companies are pioneers in exploring the possibilities, but the potential uses range far beyond the financials services industry. One of the more intriguing blockchain applications is supply chain management. That’s relevant to nearly every business and government agency. Executives in charge of an organization’s supply chain must manage relationships with a host of direct suppliers of goods—plus be aware of what’s going on with their suppliers’ suppliers. They have to handle not just the financial transactions, but also plan and manage each step in the process of bringing a product or service to market. So, today, because of all of these separate but related interactions, there’s a tremendous amount of overhead—time delays, pile-on costs, and the potential for mistakes to be made. Now, imagine supply chains where blockchain is put to work. 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Yet the basic mechanics of how people and organizations execute transactions with one another have not been updated for the 21st century. Blockchain could bring to those processes the openness and efficiency we have come to expect in the Internet Era.
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It has the potential to vastly reduce the cost and complexity of getting things done.\nIt’s essential for blockchain technology to be developed following the open source model so a critical mass of organizations will coalesce around it—and reap its full benefits. Because of the open source rules, participants can trust that the technology will fulfill their needs and conform with industry standards–assuring interoperability between blockchain applications. Also, by sharing the foundational layer, the participants can focus their individual efforts on industry-specific applications, platforms, and hardware systems to support transactions.\nWe believe that the best path forward for blockchain is for the tech industry, government, and the business community to consolidate their efforts around a single open source blockchain foundation that’s developed and governed in an environment of transparency and cooperation. 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steemcreated a new account: @juliocm
2016/07/19 12:49:51
fee5.000 STEEM
creatorsteem
new account namejuliocm
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Witness Votes

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No active witness votes.
[]