Bloq is an enterprise-grade blockchain that promises to help organizations embrace the era of blockchain. Read our Bloq review to find out how it works.
What Is Bloq?
Bloq, found online at Bloq.com, is a blockchain technology catered towards enterprises. The technology promises to change the way companies approach transparency, security, identification, supply chain, auditing, commerce, transactions, and more.
As the Bloq official website explains, “the most significant and valuable business systems in the world will be powered by blockchain.”
The website also describes how we started in the PC era, moved to the internet era and mobile era, and now we’re in the blockchain era.
Bloq was founded by longtime Bitcoin Core developer Jeff Garzik and blockchain technology investor Matthew Roszak.
Bloq advertises many of the same features as existing blockchain technology. Companies can enjoy a decentralized, secure ledger for transactions and other events.
- Open Source: Bloq is committed to open source software development.
- Decentralized: Bloq uses enterprise-grade layers of key software infrastructure to power blockchain applications.
- Enterprise Class: Bloq provides essential blockchain scaffolding that is productized, hardened, tested, and documented.
- Interoperable: Bloq wants to lower costs and operational barriers for companies to build and innovative with blockchain-enabled technology. Instead of forcing each company to develop their own unique blockchain, Bloq provides a suite of blockchain technologies that can work with any enterprise.
Bloq offers three core products at the moment, including each of the following:
This is Bloq’s software solution. It includes five key offerings allowing users to create, test, update, customize, and analyze their own public, private, and permissioned blockchains.
The blockchain is designed to meet the needs of large organizations. It has all of the elements we see with other blockchains, including cryptography, peer-to-peer arrangements, scalability, and transparency.
The blockchain is built on open source software, which means it uses accepted community standards. Users aren’t locked into a proprietary system. It’s also designed to be interoperable across public or private networks, including any applications that are bitcoin compatible.
Other key features of Bloq Enterprise include faster transactions, strong field testing, and the hardest security in the FinTech industry.
Bloq Think is Bloq’s consulting service. It’s designed to help companies evaluate how blockchain technology can improve their business. Many companies are interested in blockchain technology and are aware of the benefits, but don’t want to invest in staff, or don’t know how to get started. That’s where Bloq Think can come in.
Bloq’s experts can supplement your in-house IT department, providing strategic architecting and consulting and rapid prototype design and development. They can also conduct workshops, research projects, and education initiatives to improve efficiency in your organization.
Bloq Labs is described as “an endeavor to deepen the engagement between enterprises and leading open source platforms and projects in the blockchain ecosystem.”
It’s a technology and research center designed to bridge the gap between blockchain technology and the corporate community.
Bloq is led by co-founders Jeff Garzik and Matthew Roszak. The pair launched the company in October 2015.
Prior to founding Bloq, Garzik founded a company called Dunvegan Space Systems, Inc., which was building the physical, virtual, and financial infrastructure enabling space exploration and settlement. Garzik was also previously a Bitcoin Core developer and the CEO of exMULTI, Inc. For ten years, he worked as the Principal Software Engineer at Red Hat. Reports show that Bloq wants to be the Red Hat of the blockchain community.
Roszak, on the other hand, is a Founding Partner at Tally Capital and Chairman of the Chamber of Digital Commerce. He’s also the founder of the Chicago Blockchain Center and a Founding Partner at Blockchain Capital.
Bloq has offices in Chicago (headquarters), Atlanta, and Shanghai. You can contact the company by email at [email protected]
Bloq is seeking to introduce corporations to the benefits of blockchain technology. The company is led by longtime bitcoin developer Jeff Garzik and industry investor Matt Roszak. The startup is ambitiously marketed as a “Red Hat for blockchain” (Red Hat is a $1 billion open source software company).
Ultimately, many of today’s corporations have heard of blockchain technology and understand the unique benefits – but don’t really know how to implement that technology into their existing infrastructure. That’s where Bloq can help. Bloq has created an enterprise-grade blockchain built on open source infrastructure.
If companies are unsure whether or not they need blockchain technology, that can rely on the Bloq Labs team to answer that question.
To learn more about Bloq, visit the company online today at Bloq.com.