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.
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    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.
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    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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What Does The Left Have To Offer In Platform Capitalism? 

  • As platform capitalism develops, many of these digital communities will create their own internal currencies creating a Blockchain Circular Economy .
  • The circular nature of this type of economy adds further value as the currency value increases proportionally with the amount of activity and value generated inside of it.
  • In this type of economy, each activity of a marketplace consists of a “unit of work” and each of these units generates value for the marketplace.
  • With the State largely removed and mostly self-employed workers determining not only the value of their work but also the value of the currency, the left would need a new type of framework to remain relevant.
  • Climate change, new technologies, and the development of the knowledge-based economy are challenges that don’t fit the traditional, Marxist-based narrative of the left.

In reality, the left of the 21st century has failed to offer alternatives to a number of critical issues and doesn’t seem to be adapting to a rapidly changing society and economy. Climate change, new technologies, and the development of the knowledge-based economy are challenges that don’t fit the traditional, Marxist-based narrative of the left.
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