IBM wants Canada to blockchainify its weed industry | TNW

“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, 2017

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Blockchain will disrupt the world of in-house counsel | Canadian Lawyer Mag

“I think this is the biggest innovation in computer science in a generation. For the first time in history, people everywhere can trust each other and transact peer-to-peer,” he said. “And trust is not achieved by counterparties and middlemen — trust is achieved by cryptography, by collaboration and by some very clever code.”

“Talk to your CTO, CFO and CIO and see if they are working on this”

Source: Blockchain will disrupt the world of in-house counsel | Canadian Lawyer Mag, Jennifer Brown, October 17, 2017

Thanks, Anna!

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Changing the Legal Game with Blockchain – Legal Talk Network

Blockchain has recently emerged as one of the technologies that will most change the way lawyers practice law and yet a lot of people still don’t fully understand what blockchain is. In this episode of Law Technology Now, host Bob Ambrogitalks to David Fisher, CEO of Integra Ledger, about what blockchain is and its application in the legal industry. They discuss the benefits to using blockchain including having data security, your own digital identity, and maintaining integrity in documents like contracts, signatures, and more.

David Fisher is the founder and CEO of Integra Ledger, a permissioned blockchain for the global legal industry that facilitates secure and efficient interoperability among law firms and their clients.

Source: Changing the Legal Game with Blockchain – Legal Talk Network, October 23, 2017

Thanks, Fred!

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Bitcoin & Blockchain Baby Steps

Before getting into the Blockchain Explainer videos, audios and posts, I thought it would be helpful to take some baby steps first by oversimplifying Bitcoin and Blockchain, or, cypto-assets, crypto-economies/token-economies, and distributed ledger technologies. Crypto Assets, or, Tokens First, let’s take one baby step back and define “money”, as we know it today. Paper money…

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From bots and AI to counterfeit reality and fake news, Gartner’s top predictions for 2018

3. Legitimized Cryptocurrencies

By the year 2020, the banking industry will derive $1B of business value from the use of blockchain-based cryptocurrencies — When compared to the estimated $7.6 trillion that is the industry gross output of the world’s banking industry, $1 billion may not seem like much. However, the value is more about the tacit endorsement of cryptocurrency as a legitimate option by the banking industry. With the legalities of cryptocurrencies also being worked on and more than 900 cryptocurrencies on the market, the banking endorsement could open doors to other industries.

Source: From bots and AI to counterfeit reality and fake news, Gartner’s top predictions for 2018, Daryl Plummer, Gartner, October 17, 2017

Thanks, Laurent!

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Star Jets International Now Accepts Bitcoin Payments – Bitcoin News

Furthermore, customers have access to over 5,000 jets domestically and roughly 15,000 across the globe. The company allowing bitcoin transactions may now open up a new realm of possibilities for the company along with a new customer base.

Along with accepting bitcoin, these steps seem geared toward increasing the profitability of the company and keeping it competitive in the digital age.

Source: Star Jets International Now Accepts Bitcoin Payments – Bitcoin News, October 20, 2017, Sterlin Lujan

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Japanese Airline Accepts Bitcoin As Cryptocurrency Fever Spreads Across the Region – Bitcoin News

The Japanese Peach Aviation will join other global airline services that accept bitcoin for flight tickets like the Latvian airline, Airbaltic, LOT Polish Airlines, and more. Alongside this, bitcoin businesses like Coincheck and Bitflyer aim to sign up thousands more Japanese merchants this summer. As bitcoin fever takes hold in the country, Japanese residents from the region and international travelers will be pleased to know they can fly to over 22 destinations across Asia utilizing bitcoin as a form of payment.

Source: Japanese Airline Accepts Bitcoin As Cryptocurrency Fever Spreads Across the Region – Bitcoin News, May 22, 2017 | Jamie Redman

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IBM’s Stellar Move: Tech Giant Uses Cryptocurrency in Cross-Border Payments – CoinDesk

Perhaps the platform’s most distinguishing characteristic, however, is that the project showcases how private and public blockchain technologies are increasingly being used in tandem. While IBM’s blockchain solutions are designed to complete much of the workflow around transaction clearing, the actual settlement will be conducted using Stellar’s blockchain.

“For the first time, blockchain is being used in production to facilitate cross-border payments in multiple integrated currency corridors,” Bell said.

Source: IBM’s Stellar Move: Tech Giant Uses Cryptocurrency in Cross-Border Payments – CoinDesk, Michael del Castillo, October 16, 2017

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What Your Innovation Process Should Look Like | HBR

When organizations lack a formal innovation pipeline process, project approvals tend to be based on who has the best demo or slides, or who lobbies the hardest. There is no burden on those who proposed a new idea or technology to talk to customers, build minimal viable products, test hypotheses or understand the barriers to deployment. And they count on well-intentioned, smart people sitting in a committee to decide which ideas are worth pursuing.

Instead, what organizations need is a self-regulating, evidence-based innovation pipeline. Instead of having a committee vet ideas, they need a process that operates with speed and urgency, and that helps innovators and other stakeholders to curate and prioritize problems, ideas, and technologies.

Source: What Your Innovation Process Should Look Like | HBR, Steve Blank, Pete Newell, September 11, 2017

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