Chain gang: art and crypto-currencies 2017-07-08

  • Next week an art gallery in London will start accepting payment in crypto-currencies.
  • It may seem an artsy gimmick—the policy is timed to coincide with an exhibition of sculptures crafted from the engines of retired Formula One cars—but virtual money does offer the art world some practical perks.
  • Many see art as the last unregulated market; crypto-currencies such as bitcoin, which permanently record transactions on an open-source database called a blockchain, could resolve concerns about access, transparency and authentication.
  • As with many transformative technologies, though, the currency is also inspiring artists more directly.
  • These abstract currencies may soon be the art world’s reality.

Next week an art gallery in London will start accepting payment in crypto-currencies.
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More internet users watch streaming video than cable

More internet users watch streaming video than cable

  • Internet users of all age groups are now more likely to use streaming video than cable, new research shows.
  • Research company eMarketer flagged a May study from Fluent LLC that asked internet users about their cable and TV habits.
  • Across age groups, 67 percent of people reported using some sort of video streaming service, such as Hulu, Netflix (NFLX) or Amazon (AMZN) Prime video.
  • Younger internet users generally reported more streaming service use, with the exception of Amazon Prime, which was used equally across age groups.
  • A recent report from Deloitte found that two-thirds of cable subscribers keep their TV service because it’s bundled with the internet.

After eroding the cable-TV subscriber base for years, Netflix and its ilk have finally overtaken it among this group
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The National Bank of Canada Just Joined An Alliance to Develop Ethereum

The Bank of Canada Just Joined An Alliance to Develop Ethereum - Motherboard  #Ethereum

  • On Monday, the Enterprise Ethereum Alliance announced 86 new members that will work together to develop business applications on the Ethereum blockchain, including Toyota, Deloitte, Samsung SDS, and the National Bank of Canada.
  • But while bitcoin has become a haven for speculators trying to win big by trading coins, Ethereum’s promise is that its blockchain—the public ledger that records all transactions—is chiefly a platform for developing apps, powered by economic incentives.
  • Read More: The Bank of Canada Slipped the Konami Code Into a Bank Note Announcement

    The alliance, which was founded in February of this year, is a global foundation with more than 100 members which include financial institutions like JP Morgan, Credit Suisse, and Banco Santander.

  • The bank ran a pilot using an in-house digital currency to conduct interbank transactions on a blockchain in 2016, snubbing the existing bitcoin currency.
  • Ethereum still might not be as valuable as bitcoin (one coin is worth over $2,000 USD at the moment, while one denomination of Ethereum, called ether, is worth $163), but it could be a whole lot more useful for banks.

Why not bitcoin?
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Blockchain: The Battle To Secure Digital Identities

  • A few well-known companies such as Deloitte, IBM, and Microsoft started to ask themselves the same question and they are currently developing a few solutions for identity management.
  • This is just an example of the main reasons why identity management can only benefit from the blockchain technology, whether it is the Bitcoin or the Ethereum one; and that’s why the above companies decided to take advantage of this revolutionary tech.
  • IBM, for example, was one of the first company to study and test the blockchain to solve identity-related issues:

    Recently, IBM and SecureKey also announced they are working together with the main goal of creating a “new digital identity and attribute sharing network” to make it easier for users to verify their data in a privacy-enhanced, secure and efficient way.

  • It is an open source based on a smart identity platform available for users and companies that want to obtain, verify and identity credentials when communicating with one another.
  • Another move in this direction has been made by Microsoft Company that started a partnership with Blockstack Labs and ConsenSys to create an open-source platform for identity management based both on Bitcoin and Ethereum.

A friend of mine recently lost his wallet with all his money, cards and documents in it, of course. He was telling me how difficult and how long is the w…
Continue reading “Blockchain: The Battle To Secure Digital Identities”

Blockchain: The Battle To Secure Digital Identities

  • A few well-known companies such as Deloitte, IBM, and Microsoft started to ask themselves the same question and they are currently developing a few solutions for identity management.
  • This is just an example of the main reasons why identity management can only benefit from the blockchain technology, whether it is the Bitcoin or the Ethereum one; and that’s why the above companies decided to take advantage of this revolutionary tech.
  • IBM, for example, was one of the first company to study and test the blockchain to solve identity-related issues:

    Recently, IBM and SecureKey also announced they are working together with the main goal of creating a “new digital identity and attribute sharing network” to make it easier for users to verify their data in a privacy-enhanced, secure and efficient way.

  • It is an open source based on a smart identity platform available for users and companies that want to obtain, verify and identity credentials when communicating with one another.
  • Another move in this direction has been made by Microsoft Company that started a partnership with Blockstack Labs and ConsenSys to create an open-source platform for identity management based both on Bitcoin and Ethereum.

A friend of mine recently lost his wallet with all his money, cards and documents in it, of course. He was telling me how difficult and how long is the w…
Continue reading “Blockchain: The Battle To Secure Digital Identities”

Blockchain: The Battle To Secure Digital Identities

Blockchain: The battle to secure digital identities #Security #BigData #Blockchain #Ethereum

  • A few well-known companies such as Deloitte, IBM, and Microsoft started to ask themselves the same question and they are currently developing a few solutions for identity management.
  • This is just an example of the main reasons why identity management can only benefit from the blockchain technology, whether it is the Bitcoin or the Ethereum one; and that’s why the above companies decided to take advantage of this revolutionary tech.
  • IBM, for example, was one of the first company to study and test the blockchain to solve identity-related issues:

    Recently, IBM and SecureKey also announced they are working together with the main goal of creating a “new digital identity and attribute sharing network” to make it easier for users to verify their data in a privacy-enhanced, secure and efficient way.

  • It is an open source based on a smart identity platform available for users and companies that want to obtain, verify and identity credentials when communicating with one another.
  • Another move in this direction has been made by Microsoft Company that started a partnership with Blockstack Labs and ConsenSys to create an open-source platform for identity management based both on Bitcoin and Ethereum.

A friend of mine recently lost his wallet with all his money, cards and documents in it, of course. He was telling me how difficult and how long is the w…
Continue reading “Blockchain: The Battle To Secure Digital Identities”

Deloitte opens Americas blockchain lab in New York

Deloitte opens Americas #blockchain lab in New York

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Consultancy giant Deloitte has opened a client-focused blockchain lab in New York’s Wall Street district. This builds on Deloitte’s broader digital transformation and innovation efforts, called “Grid by Deloitte,” which constitutes a network of labs around the world, among other initiatives
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