Archive for the ‘bitcoin’ category: Page 62
Jul 18, 2016
IBM Unveils New Cloud Blockchain Security Service
Posted by Karen Hurst in categories: biotech/medical, bitcoin, security
I like this article because I have for years looked at options to address the counterfeiting issues which is a extremely costly criminal industry around diamonds and artwork. As we have seen with synthetic diamonds in their use in QC and medical technology there is a lot that technology can do in addressing the counterfeiting issues as well as registration & certification space. Also, could registered & embedded serialized stones be another form of id for the consumer who wears their accessory with the stone? I believe it can be.
IBM launches a new high security blockchain service that uses hardware to protect valuable data, with provenance startup Everledger as its first customer.
Jul 12, 2016
Why is Bitcoin Capped at 21M units?
Posted by Philip Raymond in categories: bitcoin, cryptocurrencies, economics, government, transparency
I was asked this at Quora.com, where I answer questions under the pen name, ‘Ellery’. But the query deserves a companion question, and so I approached the reply by answering two questions.
You might have asked “Why was Bitcoin designed to have a cap?” But, instead, you asked “Why is the cap set at 21 million bitcoins”. Let’s explore both questions starting with the choice of a circulation cap…
Why set the cap at 21 million BTC?
The choice of a cap number is arbitrary and in fact, it could be 1 or it could be 1 hundred trillion. It makes no difference at all and it has no effect on the economy—even if Bitcoin were to be adopted as a currency all over the world. If it were set to 1 BTC, we would simply discuss nano-BTC instead of 1 BTC for amounts of about $650.
Jul 12, 2016
HHS Considers Climbing on the Blockchain Bandwagon
Posted by Karen Hurst in categories: bitcoin, health
Jul 9, 2016
Raketa Watches Trials Blockchain Technology to Fight Counterfeiting
Posted by Karen Hurst in categories: bitcoin, business, space
Blockchain Engine and Petrodvorets Watch Factory have introduced blockchain technology into the manufacturing process of Raketa watches, making Raketa one of the first companies in the world to record the production of physical goods in the blockchain.
Established by Peter the Great in 1721, Petrodvorets Watch Factory is one of Russia’s oldest businesses. After the Second World War, the factory produced watches under the brand name Pobeda until 1961, when production of the Raketa [Rocket] watches started, named in honor of the first flight into space by Yuri Gagarin.
In a bid to restructure the historical watch brand, the company entered a rebranding stage in 2009 under the direction of Russian, Swiss and French experts, with director Jacques von Polier heading the creative and design department.
Continue reading “Raketa Watches Trials Blockchain Technology to Fight Counterfeiting” »
Jun 22, 2016
Blog Posts for Postnormal Times
Posted by Alexandra Whittington in categories: bitcoin, business, cryptocurrencies
Last week I dipped my toes in the waters of the Lifeboat blog and shared a link about blockchain technology. If you haven’t heard about blockchain technology yet, you can read about it here, here, here, here, here…you get the picture. Blockchain has tons of potential, and appears to also attract hype and money. All which goes to say, there has been a lot of buzz about its social and economic potential. But there is another aspect of blockchain that deserves some futurist exploration, which is that it signals we live in Postnormal Times.
Postnormal Times (PNT) is a fantastic foresight concept that I will focus on in my upcoming Lifeboat posts. There is an underlying theory to it; Ziauddin Sardar explains the entire idea and how it fits into futures studies. Ziauddin Sardar with John Sweeney have expanded the work into a futurist method called The Three Tomorrows of Postnormal Times. It’s well worth reading up on if you enjoy a futurist approach to your work and studies.
I’m still a beginner, but essentially the idea is that we are now in time is a period best characterized as “postnormal,” meaning that the usual ways of solving problems and making progress have stopped working. Our go-to responses, based on all the previously reliable ways of being in and understanding the world are becoming irrelevant and dysfunctional. The simplest way to introduce Sardar’s concept is the three C’s: complexity, chaos and contradictions. These are the key characteristics of postnormal times which I will be exploring in my posts about technology and humanity. I believe the PNT perspective leads to some useful observations about the direction of society over the next decades.
Back to my blockchain example: the Raketa watch company is implementing blockchain in manufacturing, which will protect inventory from counterfeiting. This development signals PNT because it speaks to the complexity of globalized financial and consumer markets. In this case, so intricate as to require a new, high-tech, largely automated and seemingly fail-proof technology. PNT is evident when previous methods of running a company are no longer sound. Enter blockchain to navigate this new business condition.
Tag: blockchain
Jun 15, 2016
Ripple Secures NY Bitcoin License | PYMNTS
Posted by Odette Bohr Dienel in categories: bitcoin, finance
“The state of New York just got another bitcoin company that can legally operate under the auspices of the state financial regulator’s guidelines.”
Jun 15, 2016
How legit is your luxury item?
Posted by Alexandra Whittington in categories: bitcoin, business
Raketa will be one of the the first companies in the world to record the production of physical goods in the Blockchain.
Jun 9, 2016
Digital Currency Tech Will as Be Transformative as the Internet
Posted by Shailesh Prasad in categories: biotech/medical, bitcoin, business, computing, cryptocurrencies, finance, health, internet
Exponential Finance celebrates the incredible opportunity at the intersection of technology and finance. Watch live as hundreds of the world’s leading investors, entrepreneurs and innovators gather in New York to define the future of the way we do business.
In Bitcoin’s early years computer scientists and early adopters were running the show. Now, a new community of academics, entrepreneurs, and economists, are working with cryptocurrencies and blockchain to bring the technology to a new set of diverse applications.
From building peer-to-peer networks for secure data computation and storage to decentralized content management systems that give patients access to health-care records across hospital databases, blockchain and digital currencies are starting to rewrite the rules of the 21st century transaction.
Continue reading “Digital Currency Tech Will as Be Transformative as the Internet” »
Jun 8, 2016
Why Central Banks Will Issue Digital Currency — By Adam Ludwin | Medium
Posted by Odette Bohr Dienel in categories: bitcoin, business, cryptocurrencies, governance, government
“In an obscure corner of the internet, an anonymous person or persons published a math paper — the “Bitcoin white paper” — that solved a problem that had until then stumped computer scientists: how to create digital money without any trusted parties.”