Posts Tagged ‘cryptocurrency’
ICO Structures: Overlooking Governance and Corporate-like Consensus Mechanisms Can have Harsh…
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 MoreJapan Teaches Western Governments a Lesson in Cryptocurrency Regulation | Bitcoin News
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, 2017
Read MoreThe tokenization of things | Matthew Roszak | TEDxSanFrancisco
Read MorePublished 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
How retailers can use Blockchain to get granular | TNW
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, 2017
Read MoreIntroduction To “The Satoshi Revolution” – New Book by Wendy McElroy Exclusively on Bitcoin.com – Bitcoin News
“You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.”
— R. Buckminster FullerThe 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, 2017
Read MoreBitcoin & 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…
Read MoreMIT to Issue Diplomas Using Bitcoin Blockchain | Bitcoin
MIT states that the program allows students to “share their diplomas almost immediately with whomever they please, free of charge, without involving an intermediary.” The institution also points out that “thanks to the blockchain, the third party can easily verify that the diploma is legitimate without having to contact the Registrar’s Office
Source: MIT to Issue Diplomas Using Bitcoin Blockchain
Read MoreFrom 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!
Read MoreStar 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
Read MoreJapanese 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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