Blockchain Basics

By Michael Reuter | Ethereum, Cryptography, Smart Contracts, DAO, Blockchain, Bitcoin

„Traditional VCs Are Dead“: Full House at The State Of The ICO Ethereum Meetup

<b>„I can honestly say my industry is being disrupted beyond belief right now. The funny thing is, I like it“, said Jamie Burke during yesterday’s</b> …

The Potential for Blockchain to Transform Electronic Health Records

A vexing problem facing health care systems throughout the world is how to share more medical data with more stakeholders for more purposes, all while ensuring data integrity and protecting patient privacy.<p>Traditionally, the interoperability of medical data among institutions has followed three …

Bitcoin

After a series of hacks, cryptocurrency issuers may turn to old-fashioned bank vaults for security

After hackers looted $30 million worth of ether last week, a company planning to raise money with cryptoassets is turning to an old-fashioned solution to safeguard the funds: a bank vault. It highlights the difficulty of keeping even the most sophisticated new technology safe and secure.<p>BitBounce, …

Cryptocurrency

Critique of Buterin’s “A Proof of Stake Design Philosophy”

In this article, I take issue with several of the claims made by Vitalik Buterin in his Dec 2016 article “A Proof of Stake Design Philosophy”. My …

Bitcoin

Singapore Startup Launches Cryptocurrency Debit Card

Don't mess with a man stuck in an embassy...<p><i>So if we don't get some cool rules ourselves, pronto, we'll just be bogus too!</i><p>Gold Technicals: But Charts …

Cryptocurrency

A Russian Airline Is Now Using Blockchain to Issue Tickets

Russia's biggest airline is now issuing passenger tickets on a blockchain with support from the country's largest private bank.<p>According to a local …

Airlines

Bank of America Analyst: Bank Acceptance a 'Crucial Hurdle' for Bitcoin

A new report from US-based Bank of America Merrill Lynch argues that bitcoin will go mainstream once banks start accepting it.<p>According to CNBC, the …

Bank of America

How Coders Hacked Back to ‘Rescue’ $208 Million in Ethereum

"We were in the zone. We'd done this before."<p>On Wednesday, an anonymous hacker (or hackers) stole $32 million worth of ethereum's cryptocurrency, ether, from three multi-signature wallets thanks to a vulnerability in a popular client for creating the wallets.<p>A volunteer group of coders calling …

Start Your Hedging: LedgerX to Begin Trading Cryptocurrency Derivatives

New York startup LedgerX has received approval from the CFTC to trade cryptocurrency derivatives to institutional investors.Source

Bitcoin

Texas Congressman Calls for Stricter Cryptocurrency Regulations

Texas congressman Roger Williams has called for controls on cryptocurrencies to ensure they do not aid crime or terrorist activities.<p>The rapid rise …

Bitcoin

Analyzing Ethereum, Bitcoin, and 1200+ other Cryptocurrencies using PostgreSQL

<i>Cryptocurrencies are fueling a modern day gold rush. Can data help us better understand this evolving market?</i><p>Lately it seems like money has been …

Cryptocurrency

Decentralized trust graph for online value exchange without a blockchain

Since there is no shared blockchain, the nodes of the network have to be online. So, very much like email, users register on “mints”, a server of …

Bitcoin

10 Things I Don’t Like About ICOs

It may be too early to declare that we have a complete set of perfect best practices or standards for ICO and token sales, but it is not too late to …

Bitcoin

CodeLegit Conducts First Blockchain-based Smart Contract Arbitration Proceeding

<b>No, code is not law. We discussed that before. But, code is used everywhere and somehow it must allude to law. But how, given that no software is</b> …

Bitcoin

Open Banking is coming. Here's the very first glimpse

The winners of Nesta's £5m fintech prize show just how significant Open Banking could be<p>A giant change is coming for banking in the UK. Not Brexit, …

FinTech

South Korea Officially Legalizes Bitcoin, Huge Market For Traders

South Korea has officially legalized international Bitcoin transfers and is on the verge of providing a regulatory framework for Bitcoin trading …

Bitcoin

World Federation Of Exchanges To Establish DLT Working Group

On July 17, 2017, The World Federation of Exchanges (WFE) announced it will be establishing a working group focused exclusively on Distributed Ledger …

FinTech

A grassroots approach to proving fair pay

<i>Arjo Wiyadi is one of 55 farmers who took part in a joint effort by Fairfood and Provenance to prove fair pay with blockchain technology.</i><p>In the …

On Sir Richard Branson's Necker Island, Bitfury Hosts Third Annual Blockchain Summit

Eight-and-a-half years since its birth, Bitcoin has overcome countless obstacles.<p>The cryptocurrency has risen from obscurity to now become an asset more than twice as valuable as gold, with its price movement tracked by Goldman Sachs.<p>The technology that made it possible — blockchain — is being …

Bitcoin

Why Ethereum Is Much More Valuable Than Bitcoin: SoFi CEO

As lending startup SoFi expands from student loans to full-service banking, it is also venturing into one of the trendiest areas among big Wall …

Bitcoin

Faster Payments? Startup Pitches Federal Reserve Group on Cryptocurrency

A new Federal Reserve report highlights creative proposals for how the central bank might adapt to changes in technology.Source

Bitcoin

City of Zug adopts uPort for access to government services - Crypto Insider - Bitcoin and Blockchain News

<b><Log In></b><p>Such a simple process enables us to do so much.<p>But relying upon companies to keep track of our names and passwords has also held us back, …

Bitcoin

Enterprise Ethereum Alliance Becomes World’s Largest Open-source Blockchain Initiative

Total membership exceeds 150 organizations<p>The Enterprise Ethereum Alliance (EEA) announced today that 34 organizations have joined the Blockchain …

Bitcoin

Applying blockchain technology could slash US$40 billion in costs for financial services: BIS Research

Implementing blockchain technology could produce hefty cost savings in the billions of dollars annually for the financial services market, suggests a …

FinTech

ECB President: Cryptocurrency Price Boom Having Limited Effect on Economy

The president of the European Union's central bank has issued new remarks that touch on the rising price of cryptocurrencies.Source

European Union

South Africa Will Begin Testing Bitcoin and Cryptocurrency Regulations

Emerging Markets<p><b>The South African Reserve Bank has announced that it will trial cryptocurrency regulations. Loerien Gamaroff, CEO of Bankymoon, has</b> …

Bitcoin

A South African startup is using bitcoin to turn digital pirates against each other

The scholarly environs of the New Media research lab at Stellenbosch University in South Africa gave rise to a diabolically clever plan to deal with video piracy in 2015: Lure pirates with bitcoin to find out the source of the contraband material.<p>That project has become the basis for a startup …

Bitcoin

Blockchain Will Disrupt Every Industry

<b>As with all major paradigm shifts, there will be winners and losers. But if we do this right, blockchain technology can usher in a halcyon age of prosperity for all. —</b> Don Tapscott<p>I continue to read articles and see example of the disruptive nature of Blockchain. Recently, one of our Salesforce …

Bitcoin

The Parity Wallet Hack Explained

Today, we witnessed the second largest hack, in terms of ETH stolen, in the history of the Ethereum network. As of 12:19 pm UTC, the attacker’s …

Bitcoin