It’s supposed to be for money. It’s strange to hear chief executives pour cold water on technologies that are at the heart of their own companies. Yet that’s what Adam Ludwin, who is the CEO of blockchain company Chain, did when I met with him this month. The hype over blockchain—a new form of record keeping that relies on a shared digital ledger—is causing people to lose sight over what the technology is meant to do, according to Ludwin. read more here http://fortune.com/2016/08/29/chain-blockchain/
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For years, tech startups sprung up on a daily basis, "revolutionizing" messaging, photo sharing, taxis, damn near everything. Dominant providers were swapped out for new intermediaries who took a cut, new underdogs turned into the new winners. Even bitcoin, a payment service meant to remove third parties from online transactions, fell into the trap whereby too many startups emerged all focusing on the same thing. In their hurry to build a buzzword-based product investors could throw money at, they missed that they were becoming the new intermediaries they meant to erase. Read more here http://www.coindesk.com/sorry-blockchain-any-joe-schmoe-shouldnt-be-able-to-start-a-bank/
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Bitcoin prices experienced some notable price fluctuations in July, pushing higher as anticipation surrounding the halving drove bullish sentiment. In spite of ups and downs over the 30-day period, bitcoin volatility fell significantly in July. By the end of July, 30-day realized volatility had declined to 27%, compared to 30% at the end of June. Arthur Hayes, CEO of leveraged trading platform BitMEX, said that the decline in this key metric likely had both positive and negative effects on the market. Read more here http://www.coindesk.com/july-bitcoin-price/
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Argentinian wine and Brazilian timber are just the latest products being transformed by entrepreneurs building distributed applications on the ethereum blockchain in South America. One of Brazil's largest banks recently built a smart contract designed to automate parts of the process by which a company goes public; a group in Chile is working to help scale the blockchain using the Inter-Planetary File System (IPFS); and a team in Nicaragua is building a secure identity system using Ricardian contracts. Read more here http://www.coindesk.com/consensys-ethereum-south-america-trials-blockchain/
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A market appears to be developing for Bitfinex's newly issued debt tokens. Distributed this week by the troubled exchange to users who lost funds in last week's $60m hack, the value of the cryptographic tokens rose sharply after the exchange resumed trading today. The so-called "BFX tokens", a debt-based blockchain asset said to be convertible to equity in the Hong Kong-based business, started the day out at $0.10 and rose to as much as $0.40 over the course of the day's session. read more here http://www.coindesk.com/bitfinex-debt-tokens-trading-bfx-coin-climbs/
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U.S. Sent Cash to Iran as Americans Were Freed http://www.cnbc.com/2016/08/02/us-sent-400-million-in-cash-to-iran-as-prisoners-were-freed-wsj-reports.htmlEuros, Swiss francs and other currencies were packed into wooden pallets and flown to Iran on an unmarked cargo plane, the paper added. The money was procured from the Dutch and Swiss central banks. The payment was made in foreign currency as it is illegal under U.S. laws to deal with Iran in dollars. Iran also still faces sanctions limiting its access to global markets. The money was the first installment of a $1.7 billion settlement the Obama administration reached with Iran earlier to resolve a dispute about the non-delivery of U.S. arms purchased by Iran's last monarch, Shah Mohammad Reza Pahlavi. So now imagine how much all this costs: planes, fuel, forex etc. They could have simply bought 1.7billion dollar in btc which is roughly 1.700.000.000,00 USD = 2.906.276,599 BTCand make us all rich. Joking apart, this is the US gov moving cash in wooden pallets to Iran.
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The blockchain hype is rising and everyone is try to leveraging this supposedly new tech. We are in the early stages of a new chapter in the nature of work. The blockchain will enable us to do our jobs and be compensated inside new circular economies that have their own currency units and their own work units. This, I believe, is one of the greatest themes to emerge from blockchain technology. Most work today is compensated via bilateral agreements between a worker and an employer according to a simple contract: you work in X job, and we will compensate you in Y currency. But what if we had greater autonomy over how we choose our own work? With more control, we would then be able to perform new types of tasks that may or may not resemble what is traditionally considered labor, and earn cryptocurrency instead of fiat currency. Read More http://www.coindesk.com/the-theory-of-a-blockchain-circular-economy-and-the-future-of-work/
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Nice one They found satoshi maybe, or Satoshi works for them. Newly back from a leave of absence, Overstock CEO Patrick Bryne is already promising big blockchain news ahead. Addressing a group of investors during a Q2 earnings call today, Byrne spoke about Overstock subsidiary Medici, the division of the online retailer developing the post-trade blockchain project tØ. read more here http://www.coindesk.com/overstock-ceo-historic-blockchain-announcement/
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Time for regulators to stand up after the mess. To me they seem only words. "You're nothing but a lot of talk and badge" In a market like Hong Kong, where there is a growing appetite for bitcoins, but little to no education as to the risks associated with them, it may be time for regulation. Following the recent hack at Hong Kong-based digital currency exchange Bitfinex, the Hong Kong Monetary Authority (HKMA) is considering whether or not to supervise the cryptocurrency, according to an expert. Read more here https://www.cryptocoinsnews.com/bitcoin-supervised-hong-kong-authority-says-expert/
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Hi everybody, please help me to decide which organization to fund with 0.197 BTC that I had via last month sig ad. All betcoin.ag signature campaign participants have been told by a member of this forum that keeping the sig ad would have brought to a negative feedback. We should put our money where our mouth is, if you ask me. So here am I asking you to help me share funds received from betcoin. http://seansoutpost.com Pensacola Homeless Outreach…fueled by Bitcoin. thewaterproject.com The Water Project is unlocking human potential by providing sustainable water projects to communities in sub-Saharan Africa who suffer needlessly from a lack of access to clean water and proper sanitation. Access to water unlocks potential. It removes obstacles that hinder a community from growing itself out of poverty. www.songsoflove.org The Songs of Love Foundation is a national nonprofit 501(c)(3) organization that creates free personalized original songs to uplift children and teens currently facing tough medical physical or emotional challenges. Each CD is professionally produced with lyrics containing the child's name and references to all of his or her favorite activities things people and pets. Songs are written and performed in any language in the musical style that the child likes best by a variety of talented professionals. Watsi.org Watsi is a global crowdfunding platform for healthcare that enables anyone to donate as little as $5 to directly fund life-changing medical care for people in need. 100% of every donation funds medical care and we are dedicated to complete transparency. TunaPanda Tunapanda Institute does digital era vocational skill training in low-income parts of East Africa. The organization focuses on skills like web design computer programming and video editing that can help people earn an income improve their communities and engage in meaningful self-expression. They deploy computer networks using open source software and free (libre) educational video content. Please vote the one you really want to see funded. I am going to post TX ID when poll ends and I release funds. Thank you
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There are so many interesting projects being developed lately, have a look at this one. Can blockchain micropayments be fast, decentralized and private? That question arguably forms the core of a new white paper penned by researchers at Johns Hopkins University that explores methods for bringing greater anonymity to off-blockchain micropayment networks. Read more here http://www.coindesk.com/anonymous-blockchain-micropayments-bolt/
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Did you miss what happened to ETH? Find out Article What started as an attempt to rescue investor funds in a high-profile project has resulted in a schism that has effectively split the community on the second-largest public blockchain. The split is not only psychological. Thanks to the design of public blockchain systems, it is also technical, with competing visions manifesting in two very real blockchains, or versions of the project’s transaction history. Read more here http://www.coindesk.com/ethereum-classic-explained-blockchain/
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The blockchain hype goes on A recent report by management consultancy firm McKinsey & Company examines whether blockchain technology will have a positive or negative impact on the insurance industry. The report, released earlier this month, noted that as many as 20 blockchain startups are focused on some aspect of the insurance market today. Read more here http://www.coindesk.com/mckinsey-report-blockchain-insurance-impact/
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Our global financial system moves trillions of dollars, serves billions of customers and supports a global economy worth more than $100 trillion. Imagine what it could do, were it not in such shoddy condition. It is antiquated, a kludge of industrial technologies and paper-based processes dressed up in a digital wrapper. It is centralized, vulnerable to data breaches, systems failure and terrorist attack. It is exclusive, denying billions of people access to basic financial tools. It is opaque, baffling monetary policy makers and financial regulators, thanks to the compartmentalization of oversight. And it is monopolistic, lobbying for the status quo and stifling disruptive innovation. http://www.huffingtonpost.com/don-tapscott/how-will-blockchain-chang_b_9998348.html
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A new entity called The DAO, created using the Bitcoin-inspired financial platform Ethereum, has collected more than $100 million worth of cryptocurrency since late April, and will use the funds to support projects in the sharing economy. The DAO is being touted as a model for a new kind of organization, created and run using blockchain software rather than conventional corporate structures. http://fortune.com/2016/05/15/leaderless-blockchain-vc-fund/
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The world’s largest payments network is expanding its new technology center in India to focus on blockchain technology development for its global endeavors. VISA is going gung-ho on the blockchain technology and is setting up the infrastructure and personnel to push blockchain development, out of a development center in Bangalore, India. https://www.cryptocoinsnews.com/visa-chooses-india-blockchain-development/
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Blockchain technology is complex, but the idea is simple. At its most basic, blockchain is a vast, global distributed ledger or database running on millions of devices and open to anyone, where not just information but anything of value – money, titles, deeds, music, art, scientific discoveries, intellectual property, and even votes – can be moved and stored securely and privately. https://hbr.org/2016/05/the-impact-of-the-blockchain-goes-beyond-financial-services
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https://btcontract.com/ Simple Bitcoin is a standalone wallet for Android devices which does not depend on any centralized service and gives you full control over your precious bitcoins.
A single-page application which allows you to store your bitcoins securely and transfer them easily.
It is an HD wallet which means your balance and full transaction history can always be restored using a single mnemonic code should anything bad happen to your device.
This wallet is intended for mobile devices, hence it does not store a full Blockchain but instead acquires all the relevant data from random Bitcoin nodes using an SPV technique.
I am using it since February and I have to say it's perfect for my daily bitcoin activities. I was not able to find it on the forum though. Hope it helps.
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