[2015-06-29] Techcrunch: Everledger Is Using Blockchain To Combat Fraud

[LiteCoinGuy]

Everledger Is Using Blockchain To Combat Fraud, Starting With Diamonds

The wild valuation swings of Bitcoin are something of a sideshow when compared with the potential of the underlying blockchain engine. Focusing on the utility of this distributed, consensus-based technology is exactly what London-based startup Everledger is doing.

http://techcrunch.com/2015/06/29/everledger/

[Mudd]

Are they actually using the bitcoin blockchain though or just using the technology behind it on their own versions? I think a lot of companies are choosing the latter so unfortunately it wont have any effect on the usage of bitcoin or the value but hopefully companies will actually start using the bitcoin blockchain directly.