10 ways blockchain will change your life

10 ways #blockchain will change your life

  • This is thanks to how the blockchain system reads more data and is very transparent.
  • In particular:

    ● You can create limits as to what specific parties can do with a blockchain setup.

  • You can use blockchain in cases where you need to get many parties to read the same data but while also maintaining some control.
  • A great part of blockchain is that it uses no third parties for managing transactions.
  • Blockchains may be generated for acquiring renewable energy credits.

Starting to gain traction in the mainstream, this technology has a lot of far-reaching potential Blockchain is an intriguing concept to explore. It is a digital ledger that entails transactions, working with data arranged through a series of records called blocks. This uses a secure system and is essential
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Inside the Blockchain Revolution- An Interview with Alex Tapscott

  • Just as the cloud hype panned out almost a decade ago (public, private, hybrid, PaaS, SaaS etc.), subsets of this technology with terms such as Hyperledger, The Ledger of Things and many more phrases are emerging.
  • As it happens, at the same time Don Tapscott (my co-author) was running a multi-million dollar research project investigating new ways of solving global problems using technology and one of the things he wanted to understand more was bitcoin as digital currency was full of intrigue.
  • To hack the bitcoin Blockchain would require an attacker to take over the whole network and rewrite the history of commerce in that Blockchain in a very short window across many computers – a very challenging task.
  • Furthermore I think there are lots of Blockchain use cases that do not require a full distributed permissionless network like Bitcoin and would be better served with something more “enterprise grade”

    Alex: “The best technologies are invisible.

  • Right now the governance network for Blockchain technology is nascent.

If I had to pick the hottest tech trend this year, it would undoubtedly be Blockchain. The promise of Blockchain technology is huge.
There’s a lot…
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Blockchain and benefits

  • That is because the trial involves the payment of benefits and could conceivably involve very sensitive data being made public – or at least that’s the concern of some critics.
  • Earlier this year the government’s chief scientific advisor Mark Walport wrote a report on blockchain – or distributed ledger technology – which was enthusiastic about its potential to produce “disruptive innovations that could transform the delivery of public and private services and enhance productivity through a wide range of applications.”
  • He recommended that the government should back trials of the technology while also looking carefully at the security and privacy implications of using it.
  • He also has a theory that the trial – though billed as a way for claimants to manage their money better – could also be “a potentially efficient way for DWP to restrict, audit and control exactly what each benefits payment is actually spent on, without the government being perceived as a big brother”.
  • “This trial is designed to explore how distributed ledger technology could help support financial inclusion and offer budgeting help, and it does not place any restrictions or limits on what a claimant can spend their welfare payments on, nor tracks how they spend them.”

The UK government faces controversy over an app that tracks how benefit claimants spend their money.
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Bitcoin entrepreneur Amir Taaki quizzed over fighting in Syria

Latest News Bitcoin entrepreneur Amir Taaki quizzed over fighting in Syria  #bbc #news #UK

  • Amir Taaki, 29, a leading developer of online currency Bitcoin, was once named by Forbes as one of the most influential young people in technology.
  • Mr Taaki told the BBC he returned to the UK from Syria in 2016 and has spent the past 12 months on police bail.
  • Mr Taaki says he spent three and half months fighting with the Kurdish People’s Protection Units [YPG] military group and experienced several battles against IS.
  • Mr Taaki says he later met with the economics committee of Rojava and began helping the Kurds with community projects, such as a crowd-funding campaign to raise money to buy more fertilizer for farmers growing food.
  • But software previously developed by Amir Taaki to allow untraceable, anonymous transactions, has been criticised by authorities because it may be used for money laundering or to fund organised terror groups.

Developer quizzed by UK police after fighting so-called Islamic State alongside Kurds.
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Dole Case Illustrates Problems in Shareholder System

Dole Case Illustrates Problems in Shareholder System  #blockchain #digitalledger #gpms

Some Dole shareholders may not get a piece of a recent settlement. While shareholders think they own the shares they buy, they don’t in a sense.
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Bitcoin entrepreneur Amir Taaki quizzed over fighting in Syria

  • Amir Taaki, 29, a leading developer of online currency Bitcoin, was once named by Forbes as one of the most influential young people in technology.
  • Mr Taaki told the BBC he returned to the UK from Syria in 2016 and has spent the past 12 months on police bail.
  • Mr Taaki says he spent three and half months fighting with the Kurdish People’s Protection Units [YPG] military group and experienced several battles against IS.
  • Mr Taaki says he later met with the economics committee of Rojava and began helping the Kurds with community projects, such as a crowd-funding campaign to raise money to buy more fertilizer for farmers growing food.
  • But software previously developed by Amir Taaki to allow untraceable, anonymous transactions, has been criticised by authorities because it may be used for money laundering or to fund organised terror groups.

Developer quizzed by UK police after fighting so-called Islamic State alongside Kurds.
Continue reading “Bitcoin entrepreneur Amir Taaki quizzed over fighting in Syria”