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Why Blockchain is Hard

June 24th, 2019 at 5:47 am » Comments Off

The hype around blockchain is massive. To hear the blockchain hype train tell it, blockchain will now: Solve income inequality Make all data secure forever Make everything much more efficient and trustless Save dying babies What the heck is a blockchain, anyway? And can it really do all these things? Can blockchain bring something amazing […]



Bitcoin regulation : South Korea is making progress

June 11th, 2019 at 11:07 am » Comments Off

  On June 8th, the South Korean Advisory Committee met to develop a legal framework for national crypto exchanges. Following the Coinrail Market’s recent hack, the South Korean government is enforcing stricter investor protection guidelines: Know Your Customer (KYC) and Anti-Money Laundering (AML).



Giving citizenship to bots

May 22nd, 2019 at 11:08 am » Comments Off

The crypto friendly island of Malta wants to give civil liberties to bots and other forms of artificial intelligence. Some experts say this is a profoundly bad idea. Six years ago, when Amazon started talking about using delivery drones, many people thought they must be joking. Far from it—drones are now very much a reality: […]



Fiat vs Cryptocurrency: Pros and Cons

May 6th, 2019 at 11:20 am » Comments Off

  While some early adapters may not need convincing to join the cryptocurrency craze, others are left wondering, what exactly is it good for? I can’t put it in my bank, I can’t use it at (most) stores, what can I do with cryptocurrencies? Before we get into the ins and outs of cryptocurrency and […]



What will Bitcoin look like in twenty years?

May 2nd, 2019 at 11:38 am » Comments Off

  Prediction is a tricky business. It’s so easy to be wrong and so hard to be right. But that’s exactly what we’ll do here. Since we’re rapidly approaching the ten year anniversary of Bitcoin’s whitepaper publication, I’ll attempt to project out twenty years to see the evolution of Bitcoin, blockchain, alternative cryptocurrencies and decentralization. […]



The next FinTech: Global “Open Finance” Infrastructure

May 1st, 2019 at 7:08 am » Comments Off

“Open Finance “ — open-source financial services infrastructure built on public blockchains — may be the next major digitization narrative after Fintech. Driven by the transformation of analog liquidity (deposits in a bank account) to digital liquidity (tokens in digital wallets), the playing field can be leveled for offering financial services. As a result, new profit motives are introduced […]



Blockchain: Separating fact from fiction

May 1st, 2019 at 6:58 am » Comments Off

Blockchain is not a single technology. After having been conceived by Bitcoin creator — Satoshi Nakamoto, the world discovered the first known representation of this abstract concept through Bitcoin. Since then, hundreds of implementations have been explored. These are also called Distributed Ledger Technologies. With hindsight, the blockchain concept is quite simple: it proposes an innovative information […]



Crypto lending on the rise: Credit volume of Genesis Capitol at over $1 Billion

May 1st, 2019 at 6:51 am » Comments Off

  Genesis Capital, one of the largest providers of crypto loans, cracked $1 billion in crypto loans in 2018. Despite falling bitcoin prices, the demand for credit in the crypto money market seems higher than ever. In the fourth quarter of 2018 alone, Genesis, a type of crypto bank, will provide $500 million in loans. […]



Chicago Mayor believes Crypto adoption is “inevitable”

April 6th, 2019 at 12:40 am » Comments Off

Cryptocurrency received an endorsement from Chicago Mayor Rahm Emanuel when he stated that wide-scale crypto adoption is “inevitable” at a FinTech meeting in his city earlier this week. The chief of staff for former US President Barack Obama said that while he is no expert in crypto technology, he believes digital assets could help financially […]



What the hell is a blockchain phone—and do I need one?

March 12th, 2019 at 8:59 am » Comments Off

The first wave of crypto-focused smartphones from big players like Samsung is a small step toward a decentralized web. The crypto world is full of buzzwords, but if you can peel away the marketing fluff, you sometimes find innovation beneath the surface. You are often also reminded just how early it is in the history […]



Sweden: How to live in the world’s first cashless society

March 9th, 2019 at 2:44 am » Comments Off

Sweden goes from being the first in adopting banknotes in Europe in 1661 to introducing its own digital currency in 2021, and becoming the first world’s cashless society in 2023. How is a country becoming the world’s first cashless society? Sweden, one of the most technologically advanced nations on the planet, is leading the way. […]



Once hailed as unhackable, blockchains are now getting hacked

February 23rd, 2019 at 12:54 pm » Comments Off

More and more security holes are appearing in cryptocurrency and smart contract platforms, and some are fundamental to the way they were built. Early last month, the security team at Coinbase noticed something strange going on in Ethereum Classic, one of the cryptocurrencies people can buy and sell using Coinbase’s popular exchange platform. Its blockchain, […]



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