Home NAS: Having a Network Attached Storage (NAS) is great and convenient, in that all of your data is typically backed up with 2 or more hard drives in a RAID setup in many modern systems. Such was the case with my home Synology Diskstation DS212. The idea is: one of the 2+ drives fails, you buy a new hard drive to replace the bad one, and the data from the good drive(s) automatically copy onto the newly installed blank hard drive, and you’re back up and running again. The Problem: What happens when both drives fail in a 2-drive … Read More
Ensuring Trust with Blockchain
Blockchain is a transformative technology that will revolutionize the way information is exchanged across the globe. It stands on the four pillars of Consensus, Provenance, Immutability, and Finality which ensures TRUST in all forms of economic exchanges of value and information. The existence of uncertainty and distrust in all forms of economic exchanges has resulted in tremendous inefficiencies and disruptions between all participants of an economic system, e.g. insufficient trust and information sharing can lead to inefficiency and infectiveness in a bank’s operation as the same information is duplicated across all participants like bank, auditors, regulators, and insurers in the network … Read More
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