Posts Tagged ‘token economy’
Singapore Airlines to Launch Blockchain-Based Loyalty Wallet – CoinDesk
In an announcement on Feb. 5, Singapore Airlines (SIA) said it will launch a digital wallet for its frequent-flyer KrisFlyer program in six months that will be powered by a private blockchain.
According to the airline, the blockchain-based wallet will enable members of the program to spend their air miles at retail partners for point-of-sale transactions.
Source: Singapore Airlines to Launch Blockchain-Based Loyalty Wallet – CoinDesk, Wolfie Zhao, Feb 5, 2018
Thanks, Frédéric Dionne!
Read MoreNews – EY – Big risks in ICO market: flawed token valuations, unclear regulations, heightened hacker attention and congested networks – EY – United States
“Fear of Missing Out” (FOMO) drives token valuations without any connection to market fundamentals.
Investor demand for initial coin offering (ICO) projects remains high, but the ability to reach fundraising goals has been declining since mid-2017; down to 25% of projects in November from 90% in June.
Speed and size of market draw hackers’ attention with 10% of ICO funds lost or stolen.
Source: News – EY – Big risks in ICO market: flawed token valuations, unclear regulations, heightened hacker attention and congested networks – EY – United States, EY, January 22, 2018
Read MoreICO 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 MoreHow 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 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…
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