25 People Positioned To Scale Atlanta’s Growing Inclusive Technology Startup Ecosystem for Black Americans and Beyond

Delighted to see @ChrissaTanelia make this list!

  • During the conferences in Atlanta and Washington, DC during the 50th Anniversary of The March on Washington for Jobs and Freedom, we asked over one hundred entrepreneurs and speakers on what they believed was required to build a thriving inclusive and equitable startup community.
  • Unbeknownst to us at the time, we were perfectly aligned with Brad Feld’s Boulder Thesis, which states:

    After three years of building Atlanta’s inclusive ecosystem (and a merger later), we fine tuned our thesis to realize that the following constructs were necessary to sustain an inclusive technology focused startup ecosystem.

  • If you look at the metrics that matter, then you can honestly say that Atlanta is the world’s leading technology startup ecosystem for black founders.
  • To this end, I am excited to put forth a list of 25 people in Atlanta that I believe are critical to the future growth, scale and sustainability of an inclusive innovation, entrepreneurship and investment economy for all.
  • Vice President of Community Affairs for Chick-fil-A, Inc. and Executive Director of the Chick-fil-A Foundation; Board of Directors, Endeavor

    Interim Chair BMI at Emory University, Associate Prof. Emory and Georgia Institute of Technology

    The next Mayor of Atlanta.

In January 2013, I released my fourth book, Kingonomics: Twelve Innovative Currencies To Transform Your Business & Future, Inspired by Dr. Martin Lut…
Continue reading “25 People Positioned To Scale Atlanta’s Growing Inclusive Technology Startup Ecosystem for Black Americans and Beyond”

Canada backs off blockchain interbank payment system

Canada backs off blockchain interbank payment system

  • The Bank of Canada (BoC) has said no to using distributed ledger technology (DLT), also known as the blockchain, after a year-long investigation into whether it could provide the underlying infrastructure for the country’s interbank payment system.
  • The central bank’s negative viewpoint on the suitability of DLT was published in a column in The Globe and Mail newspaper yesterday, where the BoC Senior Deputy Governor Carolyn Wilkins and Gerry Gaetz of Payments Canada, the country’s payment and settlement operator, concluded that “too many hurdles” had to be overcome for a blockchain-based infrastructure to be viable.
  • Canada’s central bank has been working on Project Jasper with the country’s largest banks, Payments Canada and the R3 consortium on the DLT experiment since last summer.
  • “In fact, at its heart, there exists a fundamental inconsistency or tension between a centralized wholesale interbank payment system, as we have now, and the decentralization inherent in DLT.
  • This revolves around a new clearing and settlement system that uses a traditional centralized core that all the banks and payment providers will link to and the adoption of the international ISO 20022 messaging standard.

The Bank of Canada has said no to using distributed ledger technology (DLT), also known as the blockchain, for the country’s interbank payment system.
Continue reading “Canada backs off blockchain interbank payment system”

Bitcoin booms: One bitcoin is worth twice as much as an ounce of gold

  • Fans of bitcoin, a crypto-currency, have long called it digital gold.
  • Now this sounds like an insult: continuing its stellar rise, and adding more than 30% to its value in just a week, one bitcoin is worth more than $2,600, over twice as much as an ounce of gold.
  • As The Economist went to press all bitcoins in circulation were worth over $43bn.
  • A sum of $1,000 invested in bitcoins in 2010 would now be worth nearly $36m.
  • Other crypto-currencies are also marching upward: together this week they were worth $87bn.

Fans of bitcoin, a crypto-currency, have long called it digital gold. Now this sounds like an insult: continuing its stellar rise, and adding more than 30% to its value in just a week, one bitcoin is worth more than $2,600, over twice as much as an ounce of gold.
Continue reading “Bitcoin booms: One bitcoin is worth twice as much as an ounce of gold”

Site Where Sea Lion Bodied Little Girl Is Now a Tourist Destination

Site where sea lion bodied little girl is now a tourist destination:

  • After the video of a little girl getting pulled into the water by a wild sea lion in BC went stupid viral this weekend, tourists have been flocking to where it was shot.
  • On Victoria Day, dozens of people were seen at the wharf the viral moment occurred at, taking photos and looking into the water trying to get a glimpse of the famous sea lion.
  • In the video, which is just over two minutes long, a sea lion jumps out of the water toward a little girl wearing a white floral dress at about a minute in a half in; she starts giggling.
  • “And you certainly shouldn’t be letting your little girl sit on the edge of the dock with her dress hanging down after the sea lion has already snapped at her once—just totally reckless behaviour.”
  • Bob Baziuk, general manager for Steveston Harbour Authority, says he is looking into getting signs made in multiple languages for the area where the sea lion viral video moment happened to ensure tourists understand the warnings.

People have been flocking in hopes of spotting the creature despite government warnings.
Continue reading “Site Where Sea Lion Bodied Little Girl Is Now a Tourist Destination”

Coinbase suffers outages amid bitcoin surge

Coinbase suffers outages amid #bitcoin surge

  • FILE PHOTO: A Bitcoin (virtual currency) paper wallet with QR codes and a coin are seen in an illustration picture taken in Paris, France May 27, 2015.
  • REUTERS/Benoit Tessier/File Photo

    (Reuters) – Coinbase said on Thursday it suffered outages this week as the bitcoin exchange saw “unprecedented traffic and trading,” with the digital currency hitting record levels.

  • Bitcoin fell as much as 6.5 percent to $2,263.72 at around 1730 GMT on Thursday, but rebounded shortly after to hit a fresh all-time high of $2,760.10.
  • Bitcoin hit a record on the BitStamp platform on Wednesday, driven by an uptick in demand for crypto-assets, with the creation of new tokens to raise funding for start-ups using blockchain, the underlying technology behind bitcoin.
  • Coinbase, the world’s largest bitcoin company with operations in 32 countries, said the heavy traffic had caused outages at its website as well.

Coinbase, the world’s largest bitcoin company with operations in 32 countries, said the heavy traffic had caused outages at its website as well. Problems that Coinbase’s platform experienced earlier this week, including card verification failures and slow load times, were resolved, its status
Continue reading “Coinbase suffers outages amid bitcoin surge”

Bitcoin downturn may come soon, Union Square Ventures’ Fred Wilson says

Fred Wilson throws a little cold water on bitcoin enthusiasts

  • For all the excitement around digital currency technology in New York this week, venture capitalist Fred Wilson said it will probably take much longer for bitcoin to go mainstream.
  • “It will probably be a long time before people understand what a blockchain currency is,” he said.
  • Hundreds of developers, start-up founders and digital currency investors packed a New York University lecture hall for the all-day conference, which focused on how bitcoin’s underlying blockchain technology and digital currencies, or tokens, could change the way business operates.
  • I see a path where that’s going to happen,” Brian Armstrong, CEO of the Coinbase exchange for buying and selling digital currencies, said at the conference.
  • The Token Summit followed a two-and-a-half-day digital currency conference called Consensus, both held in Manhattan.

Despite all the excitement around digital currencies, venture capitalist Fred Wilson said it will probably take much longer for bitcoin to go mainstream.
Continue reading “Bitcoin downturn may come soon, Union Square Ventures’ Fred Wilson says”

US Law Enforcement Have Spent Hundreds of Thousands on Bitcoin Tracking Tools

US law enforcement agencies have spent hundreds of thousands on Bitcoin tracking tools

  • Presumably to deal with that issue, several US law enforcement agencies, including the Federal Bureau of Investigation (FBI), the Drug Enforcement Administration (DEA), and Immigration and Customs Enforcement (ICE) have all paid for software from bitcoin tracking company Chainalysis according to public records, with one purchase order being signed just this month.
  • In short, Chainalysis’ platform allows a user a bird’s-eye view of the blockchain, including transactions between specific bitcoin exchanges, such as Bitstamp, and other entities, including dark web marketplaces.
  • Since August 2015, the FBI has spent over $330,000 on Chainalysis products, according to procurement records.
  • “This subscription via Chainalysis allows users to navigate the public Bitcoin transaction hedger, tracing transactions across addresses, the Bitcoin equivalent of account numbers,” a note included with one of the FBI’s procurement records reads.
  • Judging by another record, the technology is used by the FBI’s Criminal Investigative Division, and a third says the FBI has “successfully utilized” Chainalysis’ tool.

Private firms continue to fill in the gaps for digital investigators.
Continue reading “US Law Enforcement Have Spent Hundreds of Thousands on Bitcoin Tracking Tools”