Amy ter Haar talks to Drummond Reed about self-sovereign identity, how it works, and what it could mean for the future of law.
Source: MIT Legal Forum 2017: Deconstructing Self-Sovereign Identity – Legal Talk Network, November 20, 2017Read More
For the great majority of the next generation of more complex blockchain and token based projects (BTP), a form of human-based and fiduciary consensus must be envisioned and segmented at the entity level as well, i.e., at the level of the entity that oversees the development and adoption of the technology, its ecosystem, and the interactions amongst its participants.
Source: ICO Structures: Overlooking Governance and Corporate-like Consensus Mechanisms Can have Harsh…, Fred Dionne, November 18, 2017
Thanks, Fred!Read More
Japan is a tech-savvy nation whose elected officials have a better appreciation of the transformative power of emerging technologies than most. It follows that the more digitally-inclined countries should be among the first to embrace cryptocurrency. In Europe, Estonia, with its e-Residency digital passports, is another country that’s been positive towards cryptocurrency.
Source: Japan Teaches Western Governments a Lesson in Cryptocurrency Regulation – Bitcoin News, Kai Sedgwick, November 13, 2017Read More
Published on Oct 31, 2017
Matthew Roszak shares how we’re transitioning from an old model where money use to equal to power changing to money becoming technology via the rise of cryptocurrencies and tokenized assets on the blockchain. Matthew Roszak is co-founder and chairman of Bloq, a leading blockchain enterprise software company. Mr. Roszak is also founding partner of Tally Capital, a private investment firm focused on digital assets and blockchain-enabled technology with a portfolio of over 20 investments, including Block.One, Civic, Factom, Rivetz and Qtum.
Mr. Roszak is a blockchain investor, entrepreneur and advocate. He has spent over 20 years in private equity and venture capital with Advent International, Keystone Capital Partners, Platinum Venture Partners and SilkRoad Equity, and has invested over $1 billion of capital (from start-up to IPO) in a broad range of industries. Mr. Roszak is a director and beneficial owner of Eboost, Enter Financial, MissionMode, Neu Entity, Onramp, SolidSpace and TrueLook.
Mr. Roszak serves as chairman of the Chamber of Digital Commerce, the world’s largest trade association representing the blockchain industry. In addition, Mr. Roszak serves on the board of BitGive, a no This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx
Giving users a stake in their own data does much to ensure that the data itself is more pertinent, and more organized for those who need it. This notion is integral in retail, which is increasingly reliant on the ability to find users who are spread over many different applications, physical locales, and rungs on the financial ladder. While a few companies can already comprehend the degree of change that their industry is about to experience, like so many asset trading brokers, shoppers too will be caught be caught by surprise when blockchain-based retail services take over their phones, but it will undoubtedly be a delightful one.
Source: How retailers can use Blockchain to get granular | TNW, Andrei Tiburca, November 08, 2017Read More
“It’s a tool, and you have to apply it to the right set of problems,” he said. “What it tends to be very good for is knowing who owns what and when,” Cascarilla added. “It’s not a magic bullet.”
“There’s a lot of fraud in food origins, especially now that it’s hot,” Myran said. “People say ‘this is local,’ or ‘this is organic,’ or ‘this is grown using certain practices.’ With this system, you can prove it.”
Source: Someone Figured Out How to Put Tomatoes on a Blockchain – Bloomberg, Annie Massa
November 9, 2017
“The stark reality of open-source projects is that most are abandoned or do not achieve meaningful scale. Unfortunately, blockchain is not immune to this reality. Our analysis found that only 8 percent of projects are active, which we define as being updated at least once in the last six months.”
The authors add that organizations are a “positive differentiator” in the data, saying “while 7 percent of projects developed by users are active, 15 percent of projects developed by organizations are active.”
Source: Deloitte Report: Over 26,000 Blockchain Projects Began in 2016 – CoinDesk, Stan Higgins, November 8, 2017 at 13:30 UTCRead More
“Blockchain is rapidly becoming a world leading technology enabling the assured exchange of value in both digital and tangible assets, while protecting privacy and eliminating fraud,” the proposal reads. “Its relevance to regulating cannabis is similar to its many chain of custody applications in areas such as pharmaceutical distribution and food chains.”
Source: IBM wants Canada to blockchainify its weed industry, Mix, November 6, 2017Read More
“You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.”
— R. Buckminster Fuller
The revolution of 2009 went unnoticed by most people because it was peaceful, orderly and profoundly technological. In 2009, Satoshi Nakamoto released open source software by which peer-to-peer transfers of digital wealth, called bitcoins, flashed over an immutable and transparent ledger, called the blockchain.
A new model challenged the existing reality and peacefully rendered it obsolete. Instead of toppling a government only to have another rise in its place, the new model rendered all governments irrelevant through a new technology and a private currency unlike anything seen before. Bitcoins move seamlessly through a world without states or borders, obeying only the command of individuals who choose to deal with each other. Immune to currency manipulation and inflation, they do not serve the powerful elites at the expense of average people; it is a people’s currency. Transfers are pseudonymous with substantial privacy provided by encryption algorithms and hash functions. The blockchain is immutable and visible to all which makes it immune to corruption.
In an instant, the world changed forever.
Source: Introduction To “The Satoshi Revolution” – New Book by Wendy McElroy Exclusively on Bitcoin.com – Bitcoin News, Wendy McElroy, September 23, 2017Read More
Political economist Francis Fukuyama predicted a future when social capital would be as important as physical capital, and that only those societies with a high degree of social trust would be able to create large-scale organizations capable of competing in the new economy.
The potential impact of blockchain is driving businesses to rethink existing business models, re-examine opportunities previously thought nonviable, and explore a new frontier of opportunity that can impact the bottom line and benefit society.
It takes a growth mind-set and mission-driven approach to activate progressive change and make it happen. The organizations that have the agility to reinvent themselves, that rise above the noise to unlock new business opportunities in a commercially viable way at speed, will thrive in the digital age.
Source: How Blockchain Will Accelerate Business Performance and Power the Smart Economy | HRB Microsoft.com/digital difference, October 27, 2017Read More