Friday, December 15, 2017

How Blockchain, AI And Other Tech Trends Will Disrupt Healthcare In 2018 - Forbes


Forbes

How Blockchain, AI And Other Tech Trends Will Disrupt Healthcare In 2018
Forbes
Gunjan Bhardwaj: Blockchain can be employed to keep the data decentralized. Imagine a world where patients don't worry about sharing their behavioral or deeply personal medical data with pharmaceutical companies, because the data won't reside with ...



from blockchain - Google News

2018: The Year of the Cryptocurrency Craze - WIRED


WIRED

2018: The Year of the Cryptocurrency Craze
WIRED
Do we really need a blockchain to run an online encyclopedia or pay for news? Whether we do or not, in 2018, we're probably going to see it tried. That's partly because of a glut of venture capital and the salivation of investors thrilled by Bitcoin's ...
SEC.gov | Statement on Cryptocurrencies and Initial Coin OfferingsSEC.gov

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from blockchain - Google News

Facebook Exec Joins Ripple Team

Bitcoin has remained relatively stable this week, slowly heading up from $16,500 to around $17,500 where it currently trades. Action is likely to heat up over the weekend as two more US exchanges launch their BTC futures contracts. This week has also shown some clear winners in the altcoin race, and one of them has been Ripple.


Ripple (XRP) has shown little movement over the past three months trading in a channel between $0.18 and $0.26, barely mustering enough momentum to break out either way. News that over 60 banks in Japan and South Korea will begin testing inter-bank transfers using the Ripple blockchain sent the altcoin soaring on December 13. It surged to an all-time high of $0.86 the following day and analysts forecast it would break the dollar soon. For the past 24 hours, XRP has maintained its position and is currently trading around $0.77, up over 200% this week.

Ripple #4 by Market Cap on CoinMarketCap

New Hires

The pump in price and volume took Ripple to the fourth spot in the market cap with $29.8 billion, just behind Bitcoin Cash at $30.8 billion. In response, the company behind the cryptocurrency hired Tom Channick, who previously served as a corporate communications manager for Facebook’s advertising and business integrity unit. Channick will serve as head of communications for the San Francisco based blockchain company.

In an email to Markets Insider Channick said:

I am honored to join Ripple, and very much look forward to working with the global team to continue to build the internet of value. Developing technology that lets people and businesses move money as fast as information is incredibly important, and I’m excited to help Ripple achieve that goal.

Tom Channick

Speedy Banking

The concept behind Ripple is to speed up and streamline financial transactions and global payments. Most banks currently use an archaic network called SWIFT which can result in international transfers taking days and accruing heavy fees. By using the XRP cryptocurrency, bank transactions will be a lot faster, more efficient and cheaper to conduct.

Many ideologically driven crypto traders have shunned Ripple because it has these close links to the traditional banking system.  Those that stuck with it and invested in XRP over the past couple of months are currently reaping the benefits as it has tripled in value over the past week.

When will XRP break the dollar? Share your views in the comments below.


Images courtesy of CoinMarketCap, LinkedIn

The post Facebook Exec Joins Ripple Team appeared first on Bitcoinist.com.



from Bitcoinist.com

Blockchain: 10 Questions To Ask Before Diving In - CMSWire


CMSWire

Blockchain: 10 Questions To Ask Before Diving In
CMSWire
The biggest challenge a company faces as it ponders a blockchain project is not the planning and implementation process, messy though it is. Rather, the number 1 issue is education about the technology, or lack thereof, says Nelson Petracek, CTO of ...



from blockchain - Google News

BitPay to Add Support for Bitcoin Cash, Other Cryptocurrencies

BitPay is one of the most popular Bitcoin payment processing companies in the world. Today, they announced support for more cryptocurrencies, starting with implementing Bitcoin Cash to their payment platform and debit cards.


BitPay is a point-of-sale company that allows traditional businesses to accept Bitcoin. They provide an easy to use means for users to pay with the popular digital currency, which is especially attractive to businesses that have customer bases that may not be that crypto-literate. BitPay also automatically converts the Bitcoin to the business’s local currency, allowing for the firm to avoid the roller coaster that is Bitcoin’s price volatility and having to deal with setting up secure wallets to store their Bitcoin income. The company also provides software wallets for users and Bitcoin debit cards that can be used in the real world.

Businesses Look for Alternatives as Fees Rise

Over the past year, fees on the Bitcoin network have skyrocketed. The currency that once had “low fees” as one of their primary incentives to use, has seen average fees go to around $4 to send a transaction with a timely confirmation. During periods of peak use, fees have been seen to go as high as $20 for a simple one input/one output transaction. This is not only due to more users on the network, but also the rising price of Bitcoin. Those satoshis you were paying for fees on a similarly sized transaction a year ago are now worth 17x as much.

Businesses Look for Alternatives as Bitcoin Fees Rise

These fees have caused some companies that have been accepting Bitcoin for years to stop. The biggest one in recent news was Steam, the popular gaming platform for PC gamers. They had been accepting Bitcoin via BitPay since April of 2016, but last week decided to remove Bitcoin from the list of accepted payment methods citing “significant increase in the fees to process transactions on the Bitcoin network.” as the reason for the removal.

BitPay Announces Altcoin Support

Today, BitPay announced plans to support payments across multiple blockchains, starting with Bitcoin Cash (BCH). Bitcoin Cash is a fork of Bitcoin that was created back in August of this year. They boast a higher block size and lower fees, as with the fork they upped the block size to 8MB from Bitcoin’s 1MB. BitPay plans on fully activating the change before the end of the year.

BitPay Announces Altcoin Support

The announcement was made via BitPay’s blog, which explained their mindset for the decision. Since opening their doors in 2011, BitPay has processed more than $1 billion in payments to date. From the blog post:

We’ve received repeated requests from merchants and users over the years to support additional blockchain payment methods. Many of the top alternative cryptocurrencies’ blockchains make their own innovations on the features which have made Bitcoin great for payments. These range from faster transaction confirmations to greater payment privacy

They also made clear that they are not abandoning Bitcoin and will still dedicate resources to developing better systems for Bitcoin payments. Along with this, they’ve stated that along with payments, Bitcoin Cash will be an option for people looking to top up their BitPay Visa debit cards, as well as adding full Bitcoin Cash support to their software wallets.

What do you think about the addition of altcoins? Do you use BitPay? Do you plan to use the added features? Let us know in the comments below!


Images courtesy of BitPay, BitInfoCharts, Shutterstock

The post BitPay to Add Support for Bitcoin Cash, Other Cryptocurrencies appeared first on Bitcoinist.com.



from Bitcoinist.com

Can Blockchain Solve The Common Problems Freelancers Face? - Forbes


Can Blockchain Solve The Common Problems Freelancers Face?
Forbes
If there is one word we heard a lot in 2017, it would be “blockchain”. Apart from the unprecedentedly high bitcoin price, the technology has made it to the headlines for disrupting pretty much any industry you can think of - banking, governmental ...



from blockchain - Google News

Overstock CEO Considers Selling Company to Fund Blockchain Venture - Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)


Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)

Overstock CEO Considers Selling Company to Fund Blockchain Venture
Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)
The joint venture is taking place between Overstock subsidiary Medici Ventures, which manages the company's Blockchain investments, and Peruvian economist Hernando de Soto himself. The venture will make a framework for local property records which will ...

and more »


from blockchain - Google News

The EMERsion of Blockchain: Uncovering the Secrets of Emercoin



from Emercoin

Blockchain growth makes developers a hot commodity ... - Computerworld


Computerworld

Blockchain growth makes developers a hot commodity ...
Computerworld
Blockchain development is the second-hottest skill in the job market today, growing more than 200% since this time last year.
Blockchain ETFs: Profit from the Technology Behind Bitcoin - NasdaqNasdaq

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from blockchain - Google News

Four Blockchain Bills Introduced in New York State Assembly - Government Technology


Government Technology

Four Blockchain Bills Introduced in New York State Assembly
Government Technology
According to blog post written by Vanel, blockchain technology is “a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block of information contains a pointer to the previous block of information ...



from blockchain - Google News