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No internet, no problem. Venezuela gets bitcoin satellite node

October 10th, 2020 at 10:58 am » Comments Off

Venezuela deployed its first Bitcoin satellite node. It allows for a node on the ground to receive Bitcoin transaction details from a Blockstream satellite without internet. Venezuela has poor internet connectivity. Venezuela has its first Bitcoin satellite node capable of processing transactions without an internet connection. The Venezuelan “space node” was set up in the […]

MIT is helping the Boston Fed build a CBDC that can be scaled for consumer use

September 12th, 2020 at 12:37 am » Comments Off

MIT is helping the Boston Fed build a CBDC that can be scaled for consumer use Can MIT help the U.S. catch up to China in the CBDC race? The MIT Digital Currency Initiative, or DCI, is helping the federal reserve bank of Boston build a digital currency with the goal of scaling for consumer […]

Boom or bust? Welcome to the freewheeling world of crypto lending

August 31st, 2020 at 3:07 pm » Comments Off

LONDON (Reuters) – It sounds like a surefire bet. You lend money to a borrower who puts up collateral that exceeds the size of the loan, and then you earn interest of about 20%. What could possibly go wrong? That’s the proposition presented by “DeFi”, or decentralised finance, peer-to-peer cryptocurrency platforms that allow lenders and […]

The Future of Money: How cryptocurrency and the blockchain will change society

August 19th, 2020 at 12:07 pm » Comments Off

  Anarchy reigns supreme in the future of finance, decentralizing the power of banks and, in some cases, the state. But will cryptocurrencies and the blockchains that underlie them solve our financial woes, or only worsen existing inequalities?

9 predictions for 2020–2029

May 11th, 2020 at 1:08 pm » Comments Off

The world as we know it is about to change fast. I like to think about the future a lot, so this year I decided to make some predictions. My predictions for this decade Federated Learning will unlock value from previously inaccessible sensitive data. Deepfakes will impact democracy and bring about a need for publisher […]

Bitcoin’s guardian angel : Inside Coinable billionaire Brian Armstrong’s plan to make crypto safe for all

March 8th, 2020 at 10:03 am » Comments Off

Near the foot of San Francisco’s California Street stand the august stone pillars of a bank dating to the 19th century. A few paces away sit the offices of Coinbase, the largest American exchange for cryptocurrencies like bitcoin. It’s a beehive of software engineers and young marketing executives. There, the worlds of by-the-books banking and […]

How Blockchain could disrupt the education industry

November 12th, 2019 at 1:09 pm » Comments Off

Blockchain is undisputedly an ingenious invention. It’s a technology that began as underpinning for virtual currencies but it is quickly becoming obvious that blockchain is more than just bitcoin. The encrypted ledger technology that powers bitcoin is primed to reshape the future of many industries. Be it healthcare, finance, media, or the government, the blockchain […]

Gartner’s top 10 strategic predictions for 2020

November 2nd, 2019 at 3:09 am » Comments Off

Mobile-accessible cryptocurrency, AI and ML oversight, blockchain to counter deepfake technology and an Internet of Behavior are all among the predictions for the near future. Technology is creating ever-changing expectations for people, and Gartner’s top predictions for 2020 reflect these new challenges. The predictions were revealed at the Gartner IT Symposium/Xpo 2019 in Orlando, which […]

China plans to kill most of the world’s bitcoin mining operations

September 25th, 2019 at 12:21 pm » Comments Off

  The price could spike again. The Chinese government will end bitcoin mining operations in the coming months, Bloomberg reported over this January, a move that could have a massive impact on the price of the world’s biggest digital currency. China has been a central player in the development of bitcoin in recent years, but […]

How Crypto could bring tax evasion to the masses

August 2nd, 2019 at 9:41 am » Comments Off

Loopholes in lending laws are allowing cryptocurrency users to escape taxes — and the government can’t keep up WWealthy families and merchants first conjured up the idea of offshore banking in 19th century Europe, seeking a place to store funds away from tax-hungry governments in the aftermath of the Napoleonic wars. Since then, it’s been […]

Blockchains’s impact on food and farming, explained

July 24th, 2019 at 11:17 am » Comments Off

1. Is it possible to track where food comes from? Several companies have launched services allowing shoppers to see a product’s journey from farm to fork, but they often depend on retailers agreeing to be transparent. When you pop into a store to buy fresh fruit, vegetables or meat, it’s common for the packaging to […]

New ECB boss Christine Lagarde issued a serious bitcoin warning

July 20th, 2019 at 12:42 pm » Comments Off

  Bitcoin and other crypto-assets have long divided traditional economists and bankers with some warning over their instability and others praising their ingenuity. The bitcoin price rebound so far this year has caused some to change sides, though many continue to warn bitcoin and other cryptocurrencies will be a mere flash in the pan. Earlier […]

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