Archive for the ‘cryptocurrencies’ category: Page 46
Feb 4, 2019
Canadian cryptocurrency fund boss Gerald Cotten died – and US$190million of his investors’ money may be encrypted forever
Posted by Michael Lance in categories: cosmology, cryptocurrencies, economics, encryption
US$190 million in investors’ money has been locked since Cotten died in December. His widow says she doesn’t know his passwords.
About US$190 million in cryptocurrency has been locked away in a online black hole after the founder of a currency exchange died, apparently taking his encrypted access to their money with him.
Investors in QuadrigaCX, Canada’s largest cryptocurrency exchange, have been unable to access their funds since its founder, Gerald Cotten, died last year.
Feb 4, 2019
The DIY designer baby project funded with Bitcoin
Posted by Klaus Baldauf in categories: bioengineering, bitcoin, cryptocurrencies
Jan 22, 2019
Announcing Hyperledger Grid, a new project to help build and deliver supply chain solutions!
Posted by Caycee Dee Neely in categories: bitcoin, computing, cryptocurrencies
While I’m not a big supporter of cryptocurrency, I am a supporter of utilizing blockchain technology in other areas. For example. logistics. The Linux Foundation announced the creation of the Hyperledger Grid project just for that purpose. However, as they state, this isn’t a software project, but a platform project.
Supply chain is commonly cited as one of the most promising distributed ledger use-cases. Initiatives focused on building supply chain solutions will benefit from shared, reusable tools. Hyperledger Grid seeks to assemble these shared capabilities in order to accelerate the development of ledger-based solutions for all types of cross-industry supply chain scenarios.
Grid intends to:
Jan 18, 2019
Blockchain: 6 Key Ethical Considerations
Posted by David Houlding in categories: bitcoin, computing, cryptocurrencies, cybercrime/malcode, disruptive technology, employment, ethics, hacking, information science
Blockchain shows major potential to drive positive change across a wide range of industries. Like any disruptive technology, there are ethical considerations that must be identified, discussed, and mitigated as we adopt and apply this technology, so that we can maximize the positive benefits, and minimize the negative side effects.
Own Your Data
For decades we have sought the ability for data subjects to own and control their data. Sadly, with massive proliferation of centralized database silos and the sensitive personal information they contain, we have fallen far short of data subjects having access to, let alone owning or controlling their data. Blockchain has the potential to enable data subjects to access their data, review and amend it, see reports of who else has accessed it, give consent or opt-in / opt-out of data sharing, and even request they be forgotten and their information be deleted.
Monetize Your Data
Continue reading “Blockchain: 6 Key Ethical Considerations” »
Jan 18, 2019
Blockchain — Why remodeling your own house is stupid.
Posted by Samson Williams in categories: bitcoin, business, cryptocurrencies
I love hearing the enthusiasm and joy in the voices of first time home buyers who are going to save money, bond and remodel their house together. Brand new doctors, seasoned lawyers, accountants, project managers, the boldest of GenX and Millennials who grew up swinging VR joystick in lieu of hammers. But they’ve watched Property Brothers and Love It or List and have the best database of YouTube videos for home remodeling in their entire subdivision or building. They even park in the “Pro” section at Home Depot and have their very own monogrammed Leatherman construction gloves.
You can remodel your own home. Even “just” your kitchen or “just” your bathroom. You can read and have all the resources at your disposal. But don’t. Don’t even fucking think about it. Remember how you tried to cook Thanksgiving dinner last year and ended up burning up your kitchen, which is why you need to replace it? Those were simple enough directions too, right?
But what does this have to do with blockchain and more importantly your business?
Glad you asked. Well, your business is like your house. Blockchain is like a remodel. You can do it yourself. You’re after all a pro at your business. But your business isn’t blockchain. Your business is shipping, consulting, farming, logistics, banking, money exchange, insurance, lending, maybe even selling pizzas. Your business is a business. Your business isn’t a way of doing business or a business tool like blockchain. Your business is a way of generating you income to provide for your family, workers, community, financial security and future. It ain’t a way to decentralize any of those, unless you want to find out what a “decentralized” retirement looks like. (Hint, think working poor at 75 years old. #GigEconomy).
Continue reading “Blockchain — Why remodeling your own house is stupid.” »
Jan 18, 2019
Ethereum Plans to Cut Its Absurd Energy Consumption
Posted by Caycee Dee Neely in categories: bitcoin, cryptocurrencies, energy
The problems with cryptocurrencies and their energy usage are well-known. However, Ethereum is planning to address the issue. They’re planning on doing a 99% decrease in the amount of energy used in obtaining new coins.
It would be good for other cryptocurrencies to take this problem just as seriously.
The cryptocurrency is going on an energy diet to compete with more efficient blockchains.
Continue reading “Ethereum Plans to Cut Its Absurd Energy Consumption” »
Jan 16, 2019
EVM 2.0: Inside the Race to Replace the Heart of Ethereum
Posted by Mark Larkento in categories: computing, cryptocurrencies
Jan 11, 2019
Did IBM Just Break Blockchain?
Posted by Victoria Generao in categories: bitcoin, computing, cryptocurrencies, quantum physics
Jan 3, 2019
Magic Whale Formula
Posted by Samson Williams in categories: business, cryptocurrencies, finance
The 3 key ingredients for attracting investors to your crowdfunding (ICO/STO) campaign
Below is a redacted and slightly edited and updated version of a memo provided to a client regarding how to attract investors to their business, in mid 2017. For background, they’re a 5 year old private investment firm, whose stock is traded OTC and who invest in startups focused on blockchain tech. To further this model they were exploring additional ways to raise capital, specifically to acquire more startups. Below is a high level framework of what investor “whales” are looking for. This is not investment advice. These are redacted insights into what you should be considering if you’re looking to also engage potential investors in your business enterprise.
If you don’t have time to read it all, I’ll summarize: It still takes money to make money.
Note — all crowdfunding campaigns (regardless of if you call them ICOs / STOs) require a legitimate business model, tangible solutions to real problems, market size worth investing in and the potential for 100x returns. Otherwise, whales aren’t interested in 10x returns.
