Estonia could offer ‘estcoins’ to e-residents – e-Residency Blog | Medium

Ethereum founder Vitalik Buterin has a keen interest in Estonia’s development as a digital nation and has provided valuable feedback for the estcoin proposal.

He believes estcoins could be used to incentivise investors to support the success of a country in a way that is not currently possible through existing means of raising international finance.
“An ICO within the e-Residency ecosystem would create a strong incentive alignment between e-residents and this fund, and beyond the economic aspect makes the e-residents feel like more of a community since there are more things they can do together,” says Buterin.

“Additionally if these estcoins are issued on top of a blockchain (they could possibly be issued in multiple formats at the same time, nothing wrong with this) then it would become easy and convenient to use them inside of smart contracts and other applications.”

Source: Estonia could offer ‘estcoins’ to e-residents – e-Residency Blog | Medium

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The IRS Has Been Using Bitcoin Tracking Software Since 2015 | CoinDesk

The IRS states in the documentation that it’s using the software to “trace the movement of money through the bitcoin economy,” going on to explain:

“This is necessary to identify and obtain evidence on individuals using bitcoin to either launder money or conceal income as part of tax fraud or other Federal crimes.”

Source: The IRS Has Been Using Bitcoin Tracking Software Since 2015 – CoinDesk

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The IRS Has Been Using Bitcoin Tracking Software Since 2015 | CoinDesk

The IRS states in the documentation that it’s using the software to “trace the movement of money through the bitcoin economy,” going on to explain:

“This is necessary to identify and obtain evidence on individuals using bitcoin to either launder money or conceal income as part of tax fraud or other Federal crimes.”

Source: The IRS Has Been Using Bitcoin Tracking Software Since 2015 – CoinDesk

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Suppliers and retailers will use blockchain to keep food fresh | Engadget

IBM has joined with a group of food supply companies and retailers to use the computing company’s blockchain tech to keep food fresh. Currently, it can take up to two weeks to track down the source of contaminated foodstuffs. But just like tracking cryptocurrency transactions all over the world, this consortium will harness IBM’s enterprise blockchain services to give its members access to a constantly-updating ledger of food, from source to store.

2:05 We believe that transparency is the
2:07 ultimate goal. Blockchain will give us the
2:09 ability to not only track where food
2:11 came from but how was it produced. Was it produced safely?
2:14 Was it produced responsibly? Is it
2:16 sustainably grown? How many dates of
2:18 shelf sites are left on that product? The
2:19 food system is a shared responsibility.
2:21 And for blockchain and traceability and
2:23 transparency
2:24 to work we need a lot of
2:25 people working together.

Source: Suppliers and retailers will use blockchain to keep food fresh | Engadget

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Suppliers and retailers will use blockchain to keep food fresh | Engadget

IBM has joined with a group of food supply companies and retailers to use the computing company’s blockchain tech to keep food fresh. Currently, it can take up to two weeks to track down the source of contaminated foodstuffs. But just like tracking cryptocurrency transactions all over the world, this consortium will harness IBM’s enterprise blockchain services to give its members access to a constantly-updating ledger of food, from source to store.

2:05 We believe that transparency is the
2:07 ultimate goal. Blockchain will give us the
2:09 ability to not only track where food
2:11 came from but how was it produced. Was it produced safely?
2:14 Was it produced responsibly? Is it
2:16 sustainably grown? How many dates of
2:18 shelf sites are left on that product? The
2:19 food system is a shared responsibility.
2:21 And for blockchain and traceability and
2:23 transparency
2:24 to work we need a lot of
2:25 people working together.

Source: Suppliers and retailers will use blockchain to keep food fresh | Engadget

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ILTA 2017: Where Have all the Lawyers Gone?

This confirms what I see more and more: Lawyers from small firms are willing to look under the hood, to get engaged with technology and to look for ways to innovate and disrupt. Big firms rely on “staff” and often do little to engage in understanding the changes driving the profession. At its core, many big firm lawyers, who in many ways should be leading the profession, don’t find technology and legal change and disruption all that important. At the end of the day, this is the real and fundamental problem.

Source: ILTA 2017: Where Have all the Lawyers Gone?

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ILTA 2017: Where Have all the Lawyers Gone?

This confirms what I see more and more: Lawyers from small firms are willing to look under the hood, to get engaged with technology and to look for ways to innovate and disrupt. Big firms rely on “staff” and often do little to engage in understanding the changes driving the profession. At its core, many big firm lawyers, who in many ways should be leading the profession, don’t find technology and legal change and disruption all that important. At the end of the day, this is the real and fundamental problem.

Source: ILTA 2017: Where Have all the Lawyers Gone?

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Former Paypal COO Discusses Bitcoin and Cryptocurrency, Argues ICOs Are Threat to VCs

Former paypal COO, David Sacks, discussed bitcoin and cryptocurrency during a recent interview with CNBC. During the interview, Sacks articulated that bitcoin is fulfilling the vision for a digital payment network originally held by Paypal, and expressed his belief that cryptocurrencies pose a significant threat to the venture capital sector.

Source: Former Paypal COO Discusses Bitcoin and Cryptocurrency, Argues ICOs Are Threat to VCs

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