Blog Series – Part 1: Understanding Blockchain in Utilities

Blog Series – Part 1: Understanding Blockchain in Utilities

Most have heard of Bitcoin – the cryptocurrency currently rising in popularity and stock, and a hot topic of conversation. Bitcoin was created in 2008 as the world’s first decentralized digital currency by Satoshi Nakamoto. Bitcoin is the poster child for blockchain technology, but its rise to stardom raises questions regarding its role in various industries outside of banking and...

Read More
Move Aside Cloud, Blockchain is the Newest ERP Trend

Move Aside Cloud, Blockchain is the Newest ERP Trend

On January 10, 2018, Geoprise Technologies Corporation, the maker of GM-X ERP, announced that it has partnered with Coin Sciences Ltd, maker of the MultiChain blockchain platform, to launch an ERP application leveraging blockchain technology to enable secure business-to-business collaboration and others are quickly following suit. Let’s take a step back to understand what blockchain is and...

Read More
Let’s Talk Basic Cryptocurrency Security: How to Keep Your Coins With You in a More Secure Environment

Let’s Talk Basic Cryptocurrency Security: How to Keep Your Coins With You in a More Secure Environment

With all the recent attention, and value generation, from cryptocurrencies as of late (pick your favorite: Bitcoin, Ethereum, Litecoin, and more!), the Blockchain team at West Monroe Partners felt it’s important to remind our readers on how to keep your Bitcoins safe, and of a crucial security component: establishing your own digital wallet.…

Read More
The Layman’s Guide to Bitcoin, Alt-Coins, and Blockchain, and What it Means for the Digital Customer Experience

The Layman’s Guide to Bitcoin, Alt-Coins, and Blockchain, and What it Means for the Digital Customer Experience

Bitcoin – we’ve heard so much of the term from news outlets, various blogs, and social media regarding how great (and risk-fraught) of an investment vehicle it’s become. From humble beginnings as a simple depiction of a virtual currency with the usage characteristics of real cash and the potential to become the de facto currency for worldwide transactions, to a storage of wealth that’s grown...

Read More
Unlocking the Blockchain’s Potential

Unlocking the Blockchain’s Potential

Raw talent needs coaching Few teams in the National Basketball Association can say they’re better positioned for the future than the Minnesota Timberwolves. Despite losing 65% of their games this past season, the T-Wolves have a young roster oozing with talent, though lacking in experience. Headlining the squad are Andrew Wiggins, the 21 year-old, hyper-athletic wing, and Karl-Anthony Towns...

Read More

I Still Have A Home Bank Branch?

I recently had the pleasure of listening to Chris Skinner, author of Digital Bank, speak during the Financial Services keynote at this year’s Dreamforce conference. He spoke about the shift of the banking and financial services world as one moving from the distribution or exchange of hard currency in a local market to one of moving value in a global market.…

Read More

Bitcoin: The Heisenberg of Currencies

Highlights: The limit on the total number of Bitcoin that can be produced makes it unlikely that the currency will be able to scale with growing economies over time. Bitcoin’s rise to commercial viability is a gaudy demonstration of the power electronic currencies can exert on global financial institutions. Bitcoin and its successors will continue to challenge the way online payment...

Read More
Phone: 312-602-4000
Email: marketing@westmonroepartners.com
222 W. Adams
Chicago, IL 60606
Show Buttons
Share On Facebook
Share On Twitter
Share on LinkedIn
Hide Buttons