Business Giants to Announce Creation of a Computing System Based on Ethereum

  • Microsoft is among the companies set to form the Enterprise Ethereum Alliance — an organization that will create a standard version of Ethereum software for businesses to use for tracking data and financial contracts.
  • Some 30 companies are set to announce on Tuesday the formation of the Enterprise Ethereum Alliance, which will create a standard version of the Ethereum software that businesses around the world can use to track data and financial contracts.
  • The new Ethereum alliance has been described by some of its backers as a way to insure that the IBM-led blockchain effort is not the only option for businesses looking to use the technology.
  • “We are pretty equally spending our time across the different chains,” said Alex Batlin, the global head of blockchain at Bank of New York Mellon, which is joining the Ethereum alliance.
  • Some of the companies working in the new alliance hope that the private Ethereum blockchains will, at some point, be able to connect to the public Ethereum blockchain, creating a standard for information storage and movement around the world.

SAN FRANCISCO — Microsoft, JPMorgan Chase and other corporate giants are joining forces to create a new kind of computing system based on the virtual currency network Ethereum.
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Business Giants to Announce Creation of a Computing System Based on Ethereum

An alliance of about 30 companies, including Microsoft and JPMorgan Chase, has plans to standardize data gathering and tracking using software that is seen as harder to hack.
Continue reading “Business Giants to Announce Creation of a Computing System Based on Ethereum”

Business Giants to Announce Creation of a Computing System Based on Ethereum

An alliance of about 30 companies, including Microsoft and JPMorgan Chase, has plans to standardize data gathering and tracking using software that is seen as harder to hack.
Continue reading “Business Giants to Announce Creation of a Computing System Based on Ethereum”

Bitcoin fans eye potential in Greek crisis

  • For proponents of Bitcoin, the cryptocurrency, a shaky Mediterranean economy implementing capital controls amid the prospect of full-blown exit from the euro recalls halcyon days gone by.
  • As a result, Tony Gallippi, the co-founder of bitcoin payment processor Bitpay, tweeted on Sunday night that he expected the price of bitcoin to rise to between $610 and $1,250 if Greece exits the Euro.
  • Part of the reason why the crisis is so tempting for proponents of the cryptocurrency is the echoes of a previous crisis in the Eurozone: the banking collapse in Cyprus in 2013, which saw that nation also impose capital controls to prevent massive outflows of currency from the panicking country.
  • That collapse came at the same time as the first major boom in the price of bitcoin, which began the year at less than $20 and peaked at ten times that by early April – before it all came crashing down.
  • At the time, many credited the price rise to interest in the currency sparked by the banking crisis, but Nathaniel Popper, author of the book Digital Gold: the Untold Story of Bitcoin, says that they are labouring under a misapprehension.

Proponents hope cryptocurrency could soar in value as Greeks try to find ways to keep their money safe and avoid currency controls
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Monax brings Ethereum technology to the Hyperledger Project

  • Monax has joined the Hyperledger Project as a general member and in doing so managed to bring Ethereum technology into the project.
  • Trending: IBT Media to host AI and Data Science in Capital Markets event

    Joining firms like IBM and Intel, Monax is re-licensing its blockchain client, which includes a built-to-specification Ethereum Virtual Machine (EVM), to Apache 2.0 and proposing it to Hyperledger Technical Steering Committee (TSC) for incubation.

  • Monax is the first company among Hyperledger’s 100+ members able to bring a custom implementation of cutting-edge Ethereum blockchain technology to the project.
  • “Although a lot of big names have joined Hyperledger, cutting-edge startups like Monax have a great deal to contribute as well, both in terms of code and new ideas.
  • Most popular: LSEG says Deutsche Boerse merger ‘unlikely’ to get clearance from EC

    Monax’s smart contracts implementation extends the classic Ricardian Contract triple of legal prose, parameters and computer code, with an approach known as “dual integration”.

Monax, the enterprise blockchain and smart contracts company, has succeeded where others failed. Monax has joined the Hyperledger Project as a general member and in doing so managed to bring Ethereum technology into the project. A concerted effort last year to bring the Ethereum C++ client within the
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Celebrities Freak Out Over Best Picture Debacle At The Oscars On Twitter

Celebrities freak out over Best Picture debacle at the #Oscars

  • – Jimmy #Kimmel #Oscars— Jimmy Kimmel Live (@JimmyKimmelLive) February 27, 2017

    I hate LALa Land cause it lost.

  • #Moonlight #Oscars— Official Wanda Sykes (@iamwandasykes) February 27, 2017

    Can we check Best Actor again— B.J. Novak (@bjnovak) February 27, 2017

    Maybe I won an Emmy one of the 5 times I lost!

  • #Oscars— Emile Hirsch (@EmileHirsch) February 27, 2017

    Warren Beatty just became the new host of FAMILY FEUD.

  • #Oscars— Patton Oswalt (@pattonoswalt) February 27, 2017

    Now somebody go get the card that said “Best Actor Casey Affleck”.

  • — Jordan Peele (@JordanPeele) February 27, 2017

    *checks envelope from 1998* #Oscars— Air Bud (@AIRBUD) February 27, 2017

“Warren Beatty just became the new host of FAMILY FEUD.”
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As Expected, The Oscars Became A Night Of Protest Against Donald Trump

As expected, the Oscars became a night of protest against Donald Trump

  • He repeatedly went after the “over-rated” Meryl Streep, much like how Trump attacked the actress on Twitter after her Golden Globes speech.
  • Kevin Winter via Getty Images

    The comedian made a joke about Trump likely tweeting about the ceremony in all caps during the middle of the night while using the bathroom.

  • Later in the night, Kimmel also joked about the fake violence in Sweden that Donald Trump erroneously brought up in a speech.
  • Image Group LA via Getty Images

    Director Asghar Farhadi boycotted the ceremony because of to Trump’s travel ban.

  • MARK RALSTON via Getty Images

    And although it was small, Streep appeared to make a very short, but important follow-up comment to her Golden Globes speech.

Stars shared political messages throughout the night.
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Just 28 Perfect Tweets From Women About The 2017 Oscars

Just 28 perfect tweets from women about the #oscars

  • The wildest, most hilarious, most ridiculous Academy Awards broadcast, possibly ever?
  • Between Gary from Chicago, every moment the camera was on Taraji P. Henson, the Matt Damon shade thrown by his longtime (faux) rival and Oscar host Jimmy Kimmel, and the epic way “Moonlight” won the award for Best Picture, the women of Twitter kept us laughing Sunday night with tons of wit and tons of snark.
  • Below are 28 of our favorite reactions from the night:

“Fave if you have popcorn in your bra.”
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