Blockchain Brain Drain Is About More Than Money – CoinDesk
Blockchainers around the world talk about the benefits of disruption and the transformative nature of peer-to-peer, decentralized, distributed networks. The technology may automate and reduce reliance on manual work. However, basic needs for human relationships and bonds do not change much.
Source: Blockchain Brain Drain Is About More Than Money – CoinDesk, Sandra Ro, December 15, 2017
Read MoreHow blockchain will underpin the new trust economy | Computerworld
“The blockchain/trust economy trend represents a remarkable power shift from large, centralized trust agents to the individual,” Deloite stated. “And while its broader implications may not be fully understood for years to come, it is hardly a death knell for banks, credit agencies, and other transactional intermediaries. It may mean, however, that with blockchain as the gatekeeper of identity and trust, business and government will have to create new ways to engage the individual – and to add value and utility in the rapidly evolving trust economy.”
Source: How blockchain will underpin the new trust economy | Computerworld, Lucas Mearian, December 7, 2017
Read MoreBitcoin to Hit from $10,000, to $100,000 & even $1 Million USD | YouTube
Read MoreIs Bitcoin the currency of the future, or is it the payment system they’re developing?
Bingo! It’s the payment system. It’s the blockchain encryption.
John McAfee: Buy Bitcoin Now! (No bubble) | YouTube
As the Bitcoin network grows, the value of Bitcoin grows. As people move into Bitcoin for payments and receipts, they stop using US dollars, Euros, Chinese Yuan, which in the long term, devalues these currencies.
People think that Bitcoin or the blockchain is owned by someone, by a company, or by a consortium. No. This is strictly a mathematical formula that nobody owns, that we are all participating in, verifying the authenticity of the sender and receiver in a financial transaction. It is the most powerful technology that the world has seen I believe since the invention of agriculture.
Update
John McAfee… swift to spot its potential for lining his pockets. With a Twitter audience of over half a million hanging on his every word, he’s taken to pumping altcoins with aplomb.
Cryptocurrency Influencers Accused of Aiding Pump and Dumps – Bitcoin News, Kai Sedgwick, December 28, 2017
Read MoreSurf Air Joins the Growing List of Private Airlines Accepting Bitcoin | Bitcoin News
Similarly, bitcoin users are a tremendously motivated community of early adopters. By creating connective tissue between these forward-thinking business models, I believe we’re molding the future for consumer-first, experience-driven commerce.
Source: Surf Air Joins the Growing List of Private Airlines Accepting Bitcoin | Bitcoin News, December 7, 2017, Jamie Redman
Read MoreSolo and Small Firms Face Many Challenges, Survey Shows, But Few Have Made Changes to Address Them | Robert Ambrogi’s LawSites
… when you combine the numbers for firms that have either implemented changes or that have plans in place, the numbers of firms that are addressing their challenges range from roughly half to two-thirds:
- Challenges acquiring new client business, 63%.
- Getting paid by clients, 65%.
- Demonstrating the firm’s value to potential clients, 65%.
- Keeping up with competition from other firms in your practice areas, 54%.
- Lack of internal efficiency, 55%.
- Spending too much time on administrative tasks, 47%.
- Cost control and expense growth, 54%.
- Managing staff, 68%.
- Clients demanding more for less, 42%.
- Increasing complexity of technology, 52%.
- Retaining client business, 67%.
- Increasing pace of legal and regulatory change, 46%.
Source: Solo and Small Firms Face Many Challenges, Survey Shows, But Few Have Made Changes to Address Them – Robert Ambrogi’s LawSites, November 30, 2017, Robert Ambrogi
Read MoreThe Legal AI ‘Barbarians’ Have Already Taken the Gates |Artificial Lawyer
Strangely, it’s not the legal IT people in law firms who seem to have most grasped just how important AI and automation is, it’s the managing partners. This is because it’s their job to look at the bigger picture, the economic and strategic picture, not just how the machine functions day to day.
Great list of legal Artificial Intelligence providers. Looking forward to “AI and blockchain fusion initiatives.”
Source: The Legal AI ‘Barbarians’ Have Already Taken the Gates – Artificial Lawyer, December 01, 2017, Richard Tromans
Read MoreIBM Utilizing Blockchain in Food Safety: McDermott | Bloomberg
Bloomberg Markets AM with Pimm Fox and Lisa Abramowicz.
GUEST: Brigid McDermott, VP of Blockchain at IBM, on why blockchain is here to stay, and how IBM is actively using the technology for clients in areas like food supply chain for Walmart.
Running time 08:03.
Source: IBM Utilizing Blockchain in Food Safety: McDermott | Bloomberg, November 20, 2017
Click Read More for audio.
Read MoreBlockchain Demo 2.0
IBM + Integra Ledger Launch World NDA Project in Global First | Artificial Lawyer
The project will take NDAs and place key identifier information onto the Integra permissioned blockchain; for example, the names of the parties, companies involved and other information that may need to be shared according to the non-disclosure document. This will provide a secure, single version of truth for the NDA. IBM Watson’s AI technology will then be applied to deliver insight into that data, covering legal and business intelligence issues.
Source: IBM + Integra Ledger Launch World NDA Project in Global First, 27th November 2017
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