Property firm behind one of London’s most iconic sites says blockchain will ‘absolutely’ have a role

  • Blockchain technology will “absolutely” have a function in Landsec’s business, the CEO of the U.K.’s largest property firm told CNBC on Tuesday.
  • When asked if blockchain technology would be used in this part of the business, Chief Executive Robert Noel replied in the affirmative.
  • “Absolutely… If you look at the way what we provide, which is services to business, and those services are around contract, anything that speeds up archaic land law, and contract law, and leasing law, etcetera, will be welcomed,” Noel told CNBC in a TV interview.
  • Blockchain is the underlying technology behind the cryptocurrency bitcoin.
  • Blockchain is also called distributed ledger technology and refers to a method of decentralizing processes.

Blockchain or distributed ledger technology could play a role in the contract process for Landsec.
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Why Motherboard Is Capitalizing ‘Bitcoin’ Again

  • In 2015, we elected to capitalize Bitcoin when talking about the system or protocol, and lowercase denominations of the currency: So, “I love Bitcoin, and I own many bitcoins.”
  • From here on out, we will capitalize cryptocurrencies when referring to the protocol or system—Bitcoin, Ethereum, Monero, etc.—but lowercase the denominations: “I love Ethereum and own a lot of ether.”
  • Bitcoin, for example, recently split off into two separate versions with nearly identical code and, most importantly, an identical transaction history up until the time of the split.
  • With this newly introduced confusion, our previous capitalization policy thrust us into the realm of value judgements: Should the new version of Bitcoin, called Bitcoin Cash, be capitalized when Bitcoin proper is not?
  • With yet another Bitcoin split on the way in November, it’s clear that the Bitcoin protocol (and community) is not as monolithic as we had presumed, and at the moment it’s not as resilient as other technologies we de-capitalize, like the internet.

A story about normalizing technology.
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Bancor’s blockbuster ICO and the risk of blockchain investing

  • Blockchain startup Bancor closed a $150 million ICO raise this week — a landmark event, both in the speed and the magnitude of the raise.
  • It’s trying to hit the blockchain domain at its very heart with the promise that it can enable smart tokens to serve as legitimate currency.
  • Cryptocurrencies, or smart tokens, are new forms of digital currency (akin to bitcoin), that aim to serve as cash equivalents for various online services.
  • Bancor wants to enable these tokens, based on their protocol, to be widely acceptable.
  • These tokens need to be redeemable,

Blockchain startup Bancor closed a $150 million ICO raise this week — a landmark event, both in the speed and the magnitude of the raise. What is Bancor doing that got investors so excited? It’s trying to hit the blockchain domain at its very heart with the promise that it can enable smart tokens to serve as legitimate currency. Cryptocurrencies, or smart tokens, are new forms of digital currency (akin to bitcoin), that aim to serve as cash equivalents for various online services. Bancor wants to enable these tokens, based on their protocol, to be widely acceptable. For example, people will only confidently adopt cryptocurrencies when their exchange rates are stable. These tokens need to be redeemable,
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FinTech Is Not Dying; It Is Evolving

  • Looking at the stock from large online lending companies like Lending Club or OnDeck, one can imagine how failed earning projections and scandal after public scandal would shake the confidence of even the most savvy investment group.
  • Big banks are unabashedly against the online lending industry because they cannot control the flow of money and the exodus of customers no longer entering brick and mortar branches leaves ghost branches totally void of borrowers.
  • Even as banks struggle with their own credibility and relevance, they still carry a big stick, lobby for regulation, and create obstacles for the online lenders at every corner.
  • The evolutionary idea of NOT collecting personal information at the point of customer entry helps banks bypass the fear of litigation because they are not obtaining personal information from a 3rd party site.
  • Apply the Google Model to online lending and you have a crazy, yet evolutionary idea that brings in a fast adoption rate.

FinTech was once the hottest new industry in the world but now, on its face, appears to be cooling down. Looking at the stock from large online lending c…
Continue reading “FinTech Is Not Dying; It Is Evolving”

FinTech Is Not Dying; It Is Evolving

  • Looking at the stock from large online lending companies like Lending Club or OnDeck, one can imagine how failed earning projections and scandal after public scandal would shake the confidence of even the most savvy investment group.
  • Big banks are unabashedly against the online lending industry because they cannot control the flow of money and the exodus of customers no longer entering brick and mortar branches leaves ghost branches totally void of borrowers.
  • Even as banks struggle with their own credibility and relevance, they still carry a big stick, lobby for regulation, and create obstacles for the online lenders at every corner.
  • The evolutionary idea of NOT collecting personal information at the point of customer entry helps banks bypass the fear of litigation because they are not obtaining personal information from a 3rd party site.
  • Apply the Google Model to online lending and you have a crazy, yet evolutionary idea that brings in a fast adoption rate.

FinTech was once the hottest new industry in the world but now, on its face, appears to be cooling down. Looking at the stock from large online lending c…
Continue reading “FinTech Is Not Dying; It Is Evolving”

‘I bought Bitcoins in 2011

  • Over the years, he has paid up to £899 ($1,100) and as little as £14.70 ($18) for one Bitcoin, as the value of the digital currency has dramatically risen and crashed.
  • But now, for the first time, one Bitcoin has topped the value of an ounce of gold.
  • “For years critics have said Bitcoin will never last – that its value will drop, that it will never be adopted, and even that it’s some kind of ponzi scheme,” he told Newsbeat.
  • People can send a Bitcoin (or part of one) to a digital wallet, and to other people, and each transaction is recorded in a public list called a blockchain.
  • Like Drew, many people like the fact there’s no central bank and that you own your money: “Any Bitcoin I own is entirely mine, it can never disappear.”

Exclusive music news, big interviews, entertainment, social media trends and video from the news people at BBC Radio 1 and 1Xtra.
Continue reading “‘I bought Bitcoins in 2011”

An Interview with Vitalik Buterin: Founder of Ethereum

An Interview with Vitalik Buterin: Founder of #Ethereum

  • He cofounded Bitcoin Magazine in September 2011, and after two and a half years looking at what the existing blockchain technology and applications had to offer, wrote the Ethereum white paper in November 2013.
  • Q: When did you first have the impression or idea about Ethereum?
  • Q: How will Ethereum will be governed in future?
  • Q: Should Ethereum have a built-in governance structure like dash?
  • Q: What are the biggest organizational challenges for the Ethereum Foundation this year?

Vitalik is the creator of Ethereum. He first discovered blockchain and cryptocurrency technologies through Bitcoin in 2011, and was immediately excited b…
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‘I bought Bitcoins in 2011

💥💥TECH NEWS💥💥 Bitcoin buyer  Via @BBCtech

  • Over the years, he has paid up to £899 ($1,100) and as little as £14.70 ($18) for one Bitcoin, as the value of the digital currency has dramatically risen and crashed.
  • But now, for the first time, one Bitcoin has topped the value of an ounce of gold.
  • “For years critics have said Bitcoin will never last – that its value will drop, that it will never be adopted, and even that it’s some kind of ponzi scheme,” he told Newsbeat.
  • People can send a Bitcoin (or part of one) to a digital wallet, and to other people, and each transaction is recorded in a public list called a blockchain.
  • Like Drew, many people like the fact there’s no central bank and that you own your money: “Any Bitcoin I own is entirely mine, it can never disappear.”

Exclusive music news, big interviews, entertainment, social media trends and video from the news people at BBC Radio 1 and 1Xtra.
Continue reading “‘I bought Bitcoins in 2011”

Bitcoin And Ethereum Divergence…

  • One chain can become both things over time.
  • There’s value in cheaper, faster, more decentralized trust-makers.
  • Not intended as a recommendation to buy or sell any cryptocurrency or asset.
  • Well that remains to be seen, for sure, but so far it appears Ethereum’s characteristics make it well suited to be a kind of decentralized global “App Store” and a crypto trust-maker.

What does Ethereum do better than its pre-crypto equivalent? Well that remains to be seen, for sure, but so far it appears Ethereum’s characteristics mak…
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Microsoft marches further into Ethereum Blockchain as a Service with ‘Cryplets’ and ‘Enclaves’

Microsoft marches further into #ethereum #blockchain as a Service with Cryplets and Enclaves

  • Militant attacks in France have hit tourism in the country since last year. “
  • Earlier this year the US agency took Apple to court – and sparked a worldwide privacy debate – as it fought to get the iPhone of San Bernardino terrorist Syed Rizwan Farook unlocked.
  • A 26-page white paper has been released by Microsoft on Cryplet innovations, added Gray. “
  • Taking to the stage at DevCon2, Marley Gray, who heads the Ethereum BaaS on the Azure project, pointed out that he had to do some horrible things to get Microsoft to agree to sponsor it last year. “
  • House prices in London’s prime locations will fall by 9 percent this year and not grow again until 2019 as buyers, already hit by increased property taxes, wait to see the outcome of Brexit divorce talks, estate agents Savills said.

In the year since it publicly announced backing for Ethereum via the Azure Cloud Blockchain-as-a-Service (BaaS), Microsoft has been busy. Taking to the stage at DevCon2, Marley Gray, who heads the Ethereum BaaS on the Azure project, pointed out that he had to do some horrible things to get Microsoft
Continue reading “Microsoft marches further into Ethereum Blockchain as a Service with ‘Cryplets’ and ‘Enclaves’”