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Author Topic: The Economist - Innocentive Challenge  (Read 1282 times)
niko (OP)
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December 07, 2012, 07:44:06 PM
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Challenge Overview

InnoCentive and The Economist are teaming up to identify business ideas that will deliver real-world impact and economic growth to people around the world by exploiting some disruptive new technology or disruptive applications of an existing technology.  Frugal innovations are especially encouraged.  Submit your innovative business idea!

Finalists will be given a unique opportunity to present their business plan to business leaders and venture capitalists at the Ideas Economy: Innovation event in Berkeley, California, USA on March 28, 2013, where they will compete live on-stage in the Tiger’s Den session. One representative for each plan chosen as a finalist will receive travel expenses and admission to the event. In addition, the overall winner of the live Tiger’s Den session will receive an honorarium of $2000, video promotion of the event on Economist.com, and publicity for the winning  solution in appropriate Economist Events communiques, plus an official meeting (phone or in person) with members of the Ideas Economy programming team to discuss ideas for venture capital.

Solvers from any background are invited to contribute!  For this Challenge, The Economist is not interested in owning or obtaining license to use any materials submitted, except for promotional purposes.  All other intellectual property will remain with the Solver, teams, or their affiliated organizations.  Solvers who submit a proposal will be notified of the status of their submissions after the Challenge deadline; however, no detailed evaluation of individual submissions will be provided.
https://www.innocentive.com/ar/challenge/9932804

There are some good ideas floated around here; this is your chance to team up, brainstorm, and help Bitcoin grow, all while competing for a bounty.

They're there, in their room.
Your mining rig is on fire, yet you're very calm.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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December 07, 2012, 10:44:27 PM
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Does the Bitcoin Foundation even have a business plan they could present?

I'd rather see some projects like GLBSE (yes, it went down ugly...) applying there, as they actually are using Bitcoin to create unique new services, not just providing them for people to play with (and buy/sell of course).

https://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.
niko (OP)
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December 07, 2012, 11:40:29 PM
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Why just some businesses? Bitcoin as a project fits the bill.

They are looking for specific business ideas that exploit a disruptive technology (Bitcoin, in this case).

They're there, in their room.
Your mining rig is on fire, yet you're very calm.
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