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Local => Press & News from India => Topic started by: polynesia on June 10, 2016, 12:29:49 AM



Title: [2016-06-07] ET: There's more to Blockchain than just Bitcoin buzz
Post by: polynesia on June 10, 2016, 12:29:49 AM
There's more to Blockchain than just Bitcoin buzz

http://economictimes.indiatimes.com/tech/internet/theres-more-to-blockchain-than-just-bitcoin-buzz/articleshow/52632733.cms

In May 2008, someone using the nom de guerre of Satoshi Nakamoto published an innocuous paper titled "Bitcoin: A peer-topeer electronic cash system". Every couple of years or so, someone discovers or claims to be 'the' Satoshi. Almost as mysterious as Satoshi was his creation, Bitcoin. Hailed as the first truly digital currency , which did not require a central mint or bank, and which could cross borders and wallets instantly, Bitcoin got a bad name when the 'dark Net' populated by drug and weapons dealers discovered its many uses.

The conversation today is not about Bitcoin though; it is about the underlying technology which powers Bitcoin, called the Blockchain. Experts have opined that by 2025, 20% of the worlds' GDP will rest on Blockchain based applications! Every bank and financial institution worth its salt


Title: Re: [2016-06-07] ET: There's more to Blockchain than just Bitcoin buzz
Post by: dashingriddler on June 10, 2016, 03:21:56 AM
Now that they can write news about blockchain, they just try to undermine bitcoin lol.


Title: Re: [2016-06-07] ET: There's more to Blockchain than just Bitcoin buzz
Post by: polynesia on June 12, 2016, 12:40:21 AM
Now that they can write news about blockchain, they just try to undermine bitcoin lol.

We can take heart that at least they are not portraying Bitcoin as a currency used only by criminals.
In fact, they don't want to use the word 'blockchain' in most articles. They just say Distributed Ledger Technology.  :P


Title: Re: [2016-06-07] ET: There's more to Blockchain than just Bitcoin buzz
Post by: dashingriddler on June 12, 2016, 05:36:30 AM
Now that they can write news about blockchain, they just try to undermine bitcoin lol.

We can take heart that at least they are not portraying Bitcoin as a currency used only by criminals.
In fact, they don't want to use the word 'blockchain' in most articles. They just say Distributed Ledger Technology.  :P
Yeah i am seeing that. Their knowledge is so limited that they don't even know that they are same!

As we know the industry, we know what is true in spite what ever is written. This makes me wonder to what extent the news of other industry on media is true.