Disney develops own blockchain for security

A recent Disney job advert reveals the company has quietly gone down the blockchain route. It is looking for an intern to help the Disney Private Blockchain team which assists business segment users and developers to research and develop security controls for the firm. Experts point out that Disney has virtually a limitless number of potential uses for blockchain, including token currency for the theme parks or the creation of a reward system.

Are you a Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term-savvy young engineer dreaming of working at the happiest place on Earth?

If so, we might have an interesting offer for you. The Walt Disney Company (NYSE:DIS) has published a wanted ad for a "Disney Private Blockchain Intern," but unfortunately the job is in Seattle, Washington not Disneyland.

We have recently seen more and more established companies jumping on the blockchain bandwagon. Claiming they would be the first to implement the technology derived from Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term into fields as diverse as mortgages, wines and more, it's hard to tell if many are really in need of blockchain solutions or just caught up in the hype. This doesn't seem to be the case with Disney as it tried to keep the fact that it is working on it rather low key.

The wanted ad says that the Disney Private Blockchain team assists business segment users and developers research and develop software mechanisms to protect privacy in distributed ledger participation, applications and services. It provides the support, consulting, and solutions to meet the tactical needs of the business. The position is for Disney Private Blockchain within the DTSS (Disney Technology Solutions and Services business unit), to research and develop software mechanisms to protect privacy in distributed ledger participation.

This is a position for a Computer Engineer or Electrical Engineer who wants to work on applications with a focus on security. The intern will assist architects, developers and QA in audit and compliance is related to access control. Access control basically amounts to tracking who has access to what objects. Accesses can be granted and revoked. The project is about designing and implementing an access control using an open ledger and blockchain framework for Disney Corporate, ABC, ESPN, Disney Interactive, and Walt Disney Productions.