Saturday, September 23, 2017

Is Blockchain Technology Really the Answer to Decentralized Storage? - CoinTelegraph


CoinTelegraph

Is Blockchain Technology Really the Answer to Decentralized Storage?
CoinTelegraph
The Blockchain has become much more than a simple piece of technology. It has become a symbol for freedom, transparency and fairness. With this being said, it's no wonder we see projects leveraging Blockchain tech as a “one-size-fits-all” tool to solve ...
Central Banks are Trialling Blockchain, Cambridge Study ShowsBlockchain News

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from blockchain - Google News

Expert on Blockchain-backed firms David Drake Joins DOVU Advisory Board

DOVU, the blockchain marketplace for transport data, is announcing the addition of a new and highly experienced advisor to their team. David Drake, Chairman at LDJ Capital, will provide counsel on critical issues including investor relations and international business development. ‘Unprecedented insight’ David Drake is a well-known entrepreneur, investor, and speaker. Through his family office, … Continue reading Expert on Blockchain-backed firms David Drake Joins DOVU Advisory Board

The post Expert on Blockchain-backed firms David Drake Joins DOVU Advisory Board appeared first on NEWSBTC.



from NEWSBTC

What's Holding Blockchain Back From Large-Scale Adoption? - Forbes - Forbes


Forbes

What's Holding Blockchain Back From Large-Scale Adoption? - Forbes
Forbes
How far are we from mass adoption of the blockchain technology? This question was originally answered on Quora by Samantha Radocchia.

and more »


from blockchain - Google News

Blockchain Makes Energy Greener - CoinTelegraph


CoinTelegraph

Blockchain Makes Energy Greener
CoinTelegraph
WePower has a team of Blockchain advisors and international investment professionals along with a group of 14 highly experienced energy engineers, led by Kaspar Kaarlep and Heikki Kolk, who have integrated metering data with grid operations and ...



from blockchain - Google News

SimplyVital Health Pioneers Blockchain Healthcare Ecosystem

Reliable access to patients’ medical information is a prerequisite for timely and effective healthcare, but the confidential nature of personal data means that healthcare providers often operate within a siloed world creating unintended consequences where patient outcomes come second to data protection concerns. These tensions have led the Connecticut-based company SimplyVital Health (SVH) to create … Continue reading SimplyVital Health Pioneers Blockchain Healthcare Ecosystem

The post SimplyVital Health Pioneers Blockchain Healthcare Ecosystem appeared first on NEWSBTC.



from NEWSBTC

DOVU to Participate in Jaguar Land Rover Hackathon

DOVU, the blockchain transport data initiative, will showcase its software at the forthcoming Jaguar Land Rover Developer Challenge, to be held in Slovakia at the end of the month. The hackathon will take place around the theme of ‘smart mobility’, and will feature two specific challenges for developers: a mobile app that will incentivise car … Continue reading DOVU to Participate in Jaguar Land Rover Hackathon

The post DOVU to Participate in Jaguar Land Rover Hackathon appeared first on NEWSBTC.



from NEWSBTC

In Blockchain We Trust? Not Yet, Say Consumers - Forbes


Forbes

In Blockchain We Trust? Not Yet, Say Consumers
Forbes
Among the reasons why blockchain has gained so much interest as a platform for development of financial apps and services is the transparency and trust built into it. And, despite increasing number of investors and traders recognizing the value of ...



from blockchain - Google News

What's Holding Blockchain Back From Large-Scale Adoption? - Forbes - Forbes


Forbes

What's Holding Blockchain Back From Large-Scale Adoption? - Forbes
Forbes
How far are we from mass adoption of the blockchain technology? This question was originally answered on Quora by Samantha Radocchia.

and more »


from blockchain - Google News

John McAfee Says National Governments are Going to War Against Bitcoin

At the Blockchain Global Summit event in Hong Kong, anti-virus pioneer John McAfee said that war between world governments and cryptocurrency has already started.


Conflict is an integral part of life. A person struggles to find their way in the world, and businesses compete with one another to earn your dollar and trust. It is in the economic realm where conflict is constant, and the rise of Bitcoin and other cryptocurrencies have led to struggles in multiple arenas. There is the ongoing fight for acceptance by the general population, and there is the never-ending fight between decentralized digital currencies and sovereign national governments. It is this latter regard in which John McAfee, the anti-virus pioneer, remarked that the war between digital currency and world governments has already started.

Cry Havoc and Let Slip the Dogs of War

During the recent Blockchain Global Summit event held in Hong Kong, John McAfee gave some interesting remarks to the South China Morning Post on how he views the relationship between world governments and Bitcoin and its compatriots. He said:

Today will go down in history as the beginning of the war between the proponents of cryptocurrency and the world governments. If governments aren’t able to know what the movement is they will be unable to collect revenues. That’s going to cause panic in some countries. China sees it already.

There are some serious rumblings from world governments in regards to the proliferation of digital currencies. The most notable comes from China, who has banned ICOs and will not allow their citizens to invest in such ventures. This has led to several major Chinese exchanges, such as BTCChina and Huobi, to shut down.

How Serious Will This War Be?

Of course, the actions taken by China have caused some stir in the cryptocurrency universe, but it is to be expected. John McAfee is right in that a war is underway between world governments and digital currencies. The reasons for this are quite simple: control and revenue. Governments hate not being able to track the flow of money, which means that they can’t squeeze everything they can out of people via taxation. The rise of Bitcoin also puts a dent into their control over the economy. The new digital currencies have taken the creation and distribution of capital out of the hands of sovereign national governments, and they don’t like that one bit. There’s also the fear of capital being drained from the country’s economy into cryptocurrency.

How will this conflict between governments and cryptocurrency shake out? It’s too early to tell, but the increasing acceptance of Bitcoin and other currencies cannot be denied. There’s definitely going to be an increased push from governments to exert some form of control over the cryptocurrency market through the use of regulations. Another interesting development is that some countries are making (or considering) their own digital currency. Estonia and India are two notable examples. A researcher at the Central University of Finance and Economics, Huang Zhen, has said that China should create its own cryptocurrency as well.

It’ll be interesting to watch the twists and turns this conflict between digital currencies and world governments will take. No matter how some governments take a dim view of cryptocurrency, they cannot deny the profound possibilities of blockchain technology and the staggering monetary worth already associated with digital currencies. Plus, the genie has already been let out of the bottle, and you can’t put it back.

What do you think about the remarks made by John McAfee that war has already begun between cryptocurrency and world governments? Let us know in the comments below.


Images courtesy of Flickr, Wikimedia Commons, and Bitcoinist archives.

The post John McAfee Says National Governments are Going to War Against Bitcoin appeared first on Bitcoinist.com.



from Bitcoinist.com

ICOMG Wants The Government To Stay The Hell Away From Crypto

icomg logo

Recently, a friend of mine from the United States (the land of the free), wanted to participate in an ICO for a brand new coin.  He had done all the research on the team, read the white paper, and had his hard earned money ready to invest when the date rolled around. What he didn’t anticipate, upon logging into the site, was a message saying his IP had been blocked and that US investors were not allowed to participate. He was devastated.

Lucky for him I am not American and a few clicks later I purchased the ICO for him.  Problem solved, for him, but what about the millions of Americans that can’t participate so easily?

The SEC, a US regulatory body for securities, said in July, that some coins issued in ICOS are securities, and are subject to the agencies regulations. Companies, especially in the US, are not allowing US investors to participate in their token sale, due to possible legal backlash from the SEC.

In more recent news, it seems that the SEC is contacting blockchain start ups that are holding ICOS, and making them close their token sale immediately.  Protostar, a company creating a platform for rising internet stars, was contacted by the SEC, and forced to close their token sale, and refund all investors.  “After consultation with multiple lawyers, we have decided to cease further operations and refund Ethereum collected in our crowdsale that began on August 13, 2017”, Protostar stated in a press released.

The statement went on to say, “Like many of our supporters, we were excited to be an innovative force in the emerging space of content creation and its funding. Unfortunately, as a startup, we do not have the necessary resources to both develop our [decentralized application] and challenge the SEC’s investigation regarding our ICO and its interpretation under US securities law.”  

In the name of protecting consumers, the SEC is stifling innovation, as well as trampling on the rights of business owners, and common investors.  They would prefer a framework they can control, and that favors businesses and investors with a lot of money.  Milton Friedman once said “Underlying most arguments against the free market is a lack of belief in freedom itself”.  The free market can handle cryptocurrencies.  We don’t need regulators coming in and “protecting us”.

Long before Bitcoin was a buzz word, and ICOS were on the SEC radar, the Cyperpunks of the 80s and 90s created the foundations that led to the projects we have today.  The Cyperpunks were a group of political activists, that advocated for cryptography and digital privacy.  Members of the cypherpunks include John Gilmore, Julian Assange, Jacob Applebaum, Adam Back, Hal Finney, and more!  In 1993 Eric Hughes wrote the Cyperpunks manifesto.  In it, Eric wrote, “Privacy is necessary for an open society in the electronic age”, and “we cannot expect governments, corporations, or other large, faceless organizations to grant us privacy out of their beneficence”.

Nearly 25 years later those ideas couldn’t ring more true.  We’ve seen all throughout the 2000s governments trample on the rights of it’s citizens with wide scope surveillance.  One of the main goals of the Cypherpunks was making encryption widespread.  They said if secure communication can become the default for a large part of the internet, we will have struck a major blow.  Fast forward to 2017, what’s app and other messaging apps are encrypted by default.  This is a huge win for privacy but the fight is still on going.  Just like consumers have demanded that their communications be encrypted, we must also demand that blockchain technology companies be decentralized.  Corporate blockchains defeat the entire spirit of what the Cyperpunks wanted and fought for.

Corporations, such as JP Morgan, and governments all over the world are going to integrate blockchain technology very soon.  They’re going to do their best to ensure they keep a good control on it, and that they can get their taxes and profits.  They are going to say decentralization is bad, and can’t be trusted. They are going to point to dark markets integrating Monero as just another reason we need them involved, or why we need to ban coins like Monero all together.  As a community we must resist this.

Centralized exchanges, and places to buy Bitcoin are already transforming this industry in a negative way.  Recently during the Bitcoin fork, the community had to press hard to get them to give the customers Bitcoin Cash instead of just stealing it. They can block or take away your money if the coins are affiliated with gambling, dark market activity, or anything else they deem inappropriate.  We must actively make sure we don’t get too far away from the ideas and freedom that Crypto allowed in the first place, or there’s no point being involved at all.  Cryptocurrencies give the power back to the people. Let’s not give that power away.                        

The team at ICOMG believe in a world free from regulations and oversight.  Our site will allow anyone in any country to participate in ICOS 100% anonymously.  We have an open letter to the SEC coming out Monday.  For more information and to follow what we’re doing, please visit ICOMG.IO

Don’t forget the spirit of Crypto!  We want privacy, security, and decentralization.

#resistcorporateblockchains

Disclosure: This is a sponsored article



from The Merkle