Did any one happen to see that MIT researchers and IBM are starting to get invovled? https://www.theblockcrypto.com/2019/08/02/blockchain-analytics-startup-elliptic-mit-researchers-collaborate-to-detect-money-laundering-in-bitcoin-using-deep-learning-techniques/

Makes sense to have companies like Elliptic and Ciphertrace working to create proper techniques to trace transactions

No. they should be called KYC coin instead of Libra

There are bound to be regulations among different countries whether we like it or not. I really don't think every country is going to accept cryptocurrency how we know and use it.

Now I do think that there will be companies say like Ciphertrace who want to bridge the confusion and acceptance of crypto between both the wider community and governments.

You can have a look into their recent partnership with Shyft to address the FATF travel rule. It is still regulated to a point but users data remains private. This will also help to make KYC and AML faster among exchanges which is necessary for greater adoption.

This is just one of the responses to the regulations and I am interested in seeing what companies like this will come up with in the future. https://ciphertrace.com/ciphertrace-and-shyft-partner-to-address-the-new-fatf-virtual-currency-travel-rule/

I would hope someone leaves their private key inside their will. Otherwise the funds will be stagnant and hodled

Did you read his latest blog on their website? I found it super interesting his involvement in privacy and legislation since 1995! yet the conversation on this topic is still relevant and ongoing https://elixxir.io/blog/privacy-preserving-technology-vs-legislation

I didn't realize this but in 1995, Congress held a round of hearings focused on 'The Future of Money' that focused on the emergence of digital currencies led by David Chaum's companies DigiCash. The purpose of these hearings were in essence to preserve privacy as the internet progresses.

This is quite interesting especially as the recent Libra hearings start to emerge again relating us back to the conversation of the future of money and privacy.

Important read and understanding of emerging technologies and the involvement of legislative solutions. Would like to hear your thoughts.


https://elixxir.io/blog/privacy-preserving-technology-vs-legislation

granted there are already BTC atms with proper AML compliance from cyber security firms like Ciphertrace so it would make sense that a bank is the next evolutionary step

According to Hire.com the demand for blockchain developers is massive (+517%). Blockchain is still in its infancy and finding a developer that is well-equipped to build out a project is rare.

It's impressive to see a purposed development framework along with tools to help curb the learning for these developers is key as we see the industry grow.

Nuls recently released a feature to their recent upgrade called ChainBox which is a chain-building solution that allows non-blockchain developers to build a basic chain in under 10 minutes. I am intrigued to see who will get their hands on these modules and how it will be a resource as the demand for blockchain increases.


https://medium.com/@nuls/scarcity-of-blockchain-developers-means-a-premium-salary-is-easily-achieved-1da19f560dc6

Has anyone gave their hand at Nuls ongoing hackathon?

We really need the proper education for people to know how to properly store their cryptocurrency. It's unfortunate that this happens but I think they're wake up calls to get compliance sorted out and in place more often.

this project looks good and has a lot of backing from investors and the XRP community

This is big news Nuls and I really hope this can reach all sorts of devs! Would really like to see some interesting stuff come out of your hackathon

I think it can be avoided by having proper compliance and a backup plan like Biance had. I know Ciphertrace is one company in particular that works with exchanges and there may be more

I prefer more strategy based games and a great story line

Companies that specialize in AML compliance like Ciphertrace recently shared their plans with compliant crypto at Blockchain Education Day. One in particular is how cryptocurrency is the perfect use case for provably clean money because you can track and trace it unlike fiat.

Interesting conversation here especially around compliance and blockchain

https://cryptobriefing.com/blockchain-advocates-washington-dc-facebook/

For those of you wondering about Nuls updates they just released this yesterday: https://medium.com/@nuls/nuls-2-0-beta-added-nrc-721-standards-and-now-it-is-possible-to-issue-non-fungible-tokens-on-the-bf39cb446fc2

stoked to see that you can now work with NFTs on their platform! this is going to be huge

Are these the true radical heroes of our time?


https://www.abc.net.au/news/2019-07-18/history-of-cryptocurrency-cypherpunks-extropians-bitcoin/11289788

usually a riff off of nicknames that friends give me

I am pretty hyped on Nuls because of their approach to how anyone can build a blockchain with their out-of-the-box approach. This means that any developer whether having experience with blockchain or not can build a blockchain regardless of language.

This coming Thursday July 18th will be the first Blockchain Education Day organized by the Chamber of Digital Commerce. More than 120 companies and leaders will head to Washington to inform legislators on DLTs.

Sponsored by eToro, Ciphertrace and more DLT-focused startups, this is going to be packed with interesting meetings and talks especially as Facebook nears the space and the president shares his thoughts on crypto.

Will anyone be in Washington? What are your thoughts on this gathering?