Month: July 2018

Social Networking on the Blockchain | An Industry Ripe for Disruption

Social networking permeates much of our modern day lives. So much so that entire industries and companies have emerged out of nowhere in an effort to cash in on one of man’s most basic necessities – the need to connect. But now, as these networks approach full maturity, the internet community is asking some serious questions …

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Archaeologists Argue Micronesian Stone Money Comprises Bitcoin Predecessor

Archaeologists are arguing that a pre-modern stone money used by Micronesian islanders resembles a precursor to bitcoin and distributed ledger technology. Also Read: Largest Cannabis Community Market in Israel to Accept Bitcoin Payments Archaeologists Highlight Similarities Between Micronesian Stone Money and Bitcoin Scott Fitzpatrick, an archaeologist at the University of Oregon in Eugene, has argued that …

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Indian State Government to Implement Blockchain Technology

On July 26th, the Indian state of Telangana announced initiatives to leverage blockchain to mitigate the pervasive corruption and fraudulent activity embedded in state and national governments. The news comes one month after the state began implementation of blockchain solutions to increase transparency in the government’s land registry and revenue departments. This is in direct response …

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Largest Movie Theater Chain in Thailand Going Crypto

Thailand’s largest movie theater chain, Major Cineplex, is reportedly integrating crypto payments to allow customers to pay for its services and products with cryptocurrency, including movie tickets and popcorn. Thailand recently began regulating crypto businesses. This week, the Thai Securities and Exchange Commission started accepting license applications from crypto operators. Also read: Yahoo! Japan Confirms Entrance …

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Blockchain Problems Exist, Take Two Aspirins, and Plenty of Rest

Blockchain problems exist. Or to put it another way, limitations exist in what blockchain offers. Whenever a new technology emerges, expectations skyrocket as to what it accomplishes and how it changes the world. Personal computers brought digital technology to the masses, yet large corporations continue to depend on mainframes. The internet connected everyone, but as …

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More Than 6% of Securities Lawsuits Filed in 2018 Have Related to ICOs

Cornerstone Research, an economic and financial consulting company, has published a report finding that more than 6% of the securities class action filings made in 2018 have related to initial coin offerings (ICOs) and cryptocurrencies. Also Read: Markets Update: BTC Gains 30% in Two Weeks, Alts Lose Correlation 6% of Securities Filings in 2018 Have Related …

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