Someone Figured Out How to Put Tomatoes on a Blockchain – Bloomberg

November 10, 2017

“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

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Deloitte Report: Over 26,000 Blockchain Projects Began in 2016 | CoinDesk

November 8, 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 UTC

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IBM wants Canada to blockchainify its weed industry | TNW

November 8, 2017

“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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How Blockchain Will Accelerate Business Performance and Power the Smart Economy | HBR

October 28, 2017

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, 2017

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

October 25, 2017

“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

October 25, 2017

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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Every company will use blockchain by 2027 – Hacker Noon

October 25, 2017

Five different ways blockchain will affect your company:

1) Contracts
2) Payments
3) Recruiting
4) Cloud storage
5) Less hierarchy, better governance

Blockchain is coming…
These are the few areas that your business might adopt blockchains sooner than you expect, but the possibilities are endless. There are several mental models that you can use to think of blockchains. When it comes to identifying the potential of blockchains in business, I like to think of blockchain as a method to make strangers work together. Be it your employees, or your partners, or the supply chain, or anybody else, blockchains will soon penetrate your organization in more ways than one.

Source: Every company will use blockchain by 2027 – Hacker Noon, Mohit Mamoria, Octocbter 21, 2017

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Bitcoin & Blockchain Baby Steps

October 22, 2017

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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