Quoted: “Ethereum will also be a decentralised exchange system, but with one big distinction. While Bitcoin allows transactions, Ethereum aims to offer a system by which arbitrary messages can be passed to the blockchain. More to the point, these messages can contain code, written in a Turing-complete scripting language native to Ethereum. In simple terms, Ethereum claims to allow users to write entire programs and have the blockchain execute them on the creator’s behalf. Crucially, Turing-completeness means that in theory any program that could be made to run on a computer should run in Ethereum.” And, quoted: “As a more concrete use-case, Ethereum could be utilised to create smart contracts, pieces of code that once deployed become autonomous agents in their own right, executing pre-programmed instructions. An example could be escrow services, which automatically release funds to a seller once a buyer verifies that they have received the agreed products.”

Read Part One of this Series here » Ethereum — Bitcoin 2.0? And, What Is Ethereum.

Read Part Two of this Series here » Ethereum — Opportunities and Challenges.

Read Part Three of this Series here » Ethereum — A Summary.

Quoted: “Bitcoin technology offers a fundamentally different approach to vote collection with its decentralized and automated secure protocol. It solves the problems of both paper ballot and electronic voting machines, enabling a cost effective, efficient, open system that is easily audited by both individual voters and the entire community. Bitcoin technology can enable a system where every voter can verify that their vote was counted, see votes for different candidates/issues cast in real time, and be sure that there is no fraud or manipulation by election workers.”

Read the article here » http://www.entrepreneur.com/article/239809?hootPostID=ba473f…aacc8412c7

Quoted: “The Factom team suggested that its proposal could be leveraged to execute some of the crypto 2.0 functionalities that are beginning to take shape on the market today. These include creating trustless audit chains, property title chains, record keeping for sensitive personal, medical and corporate materials, and public accountability mechanisms.

During the AMA, the Factom president was asked how the technology could be leveraged to shape the average person’s daily life.”

Kirby responded:

“Factom creates permanent records that can’t be changed later. In a Factom world, there’s no more robo-signing scandals. In a Factom world, there are no more missing voting records. In a Factom world, you know where every dollar of government money was spent. Basically, the whole world is made up of record keeping and, as a consumer, you’re at the mercy of the fragmented systems that run these records.”

Continue reading “BitCoin, Cryptocurrency, and Blockchain Technology — FACTOM” »

Preamble: Bitcoin 1.0 is currency — the deployment of cryptocurrencies in applications related to cash such as currency transfer, remittance, and digital payment systems. Bitcoin 2.0 is contracts — the whole slate of economic, market, and financial applications using the blockchain that are more extensive than simple cash transactions like stocks, bonds, futures, loans, mortgages, titles, smart property, and smart contracts

Bitcoin 3.0 is blockchain applications beyond currency, finance, and markets, particularly in the areas of government, health, science, literacy, culture, and art.

Read the article here » http://ieet.org/index.php/IEET/more/swan20141110

Richard Branson, Success, Unpreparedness, Failure, and Death!

The Largest God of Entrepreneurial Success, “knighted by the English Crown,” wanted to teach us that the Power of Simplicity with Boldness is sufficient to defeat the Science of Complexity and a most-unprepared à –la-Sir-Francis-Drake company called: “Virgin Galactic.”

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Marilyn Monroe in London and Continuous Performance Improvement

This is an actual story.

I was the Insurance Broker House EVP for the world’s global oil corporation number two and got asked a delicate official favor from the Client.

To give you an idea of this piece of business, the Client was paying cash US$ 100 million for insured and re-insured premiums over their fixed and liquid assets. The latter via a major and reputable London Reinsurance Brokerage House.

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Currents and Undercurrents?

I was reading The Economist and a notion came to my mind.

We have all have heard the Chinese adage,

“… Don’t look at the waves but the currents underneath …”

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Quality Assurance In Military Aeronautics!

THE BEST Quality Assurance In Military Aeronautic Equipment Is And By American Manufacturer(S).

THE SECOND Best Quality Assurance In Military Aeronautic Equipment Is And By European Manufacturer(S).

THE THIRD Best Quality Assurance In Military Aeronautic Equipment Is And By Israeli Manufacturer(S).

Continue reading “Quality Assurance In Military Aeronautics!” »

DETAILS DO NOT EVER SUFFICE. FOCUS AND FOCUS! [GRAPHIC]

“… Practice makes perfect …”

Authored By Copyright Mr. Andres Agostini

White Swan Book Author (Source of this Article)

Continue reading “DETAILS DO NOT EVER SUFFICE. FOCUS AND FOCUS! [GRAPHIC]” »