Money Demystified: How the Blockchain Offers Financial Safety

bitcoin blockchain

Despite eight years revamping the world of finance, digital currency is still getting a bum rap. Indeed, we can acknowledge the fact that Bitcoin and the blockchain has thus far held a rather short life and faced excessive negativity and competition from traditional financiers, but is that enough to lessen its accomplishments? Also read: Bitcoin […]

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ID2020, held at the United Nations, features ‘lots and lots of Blockchain’

During the inaugural ID2020 summit, held at the UN headquarters in New York on Friday, representatives from over 50 technology businesses discussed the world’s Identity problems, including representatives from at least half dozen blockchain-centered companies.

The purpose of the annual event is to make sure that every human being has access to identity services, even if they have no state-issued identification. “One fifth of the world’s population is without legal identity” the ID2020 website states. “Without legal identification people are invisible to society and vulnerable to trafficking, prostitution, and child abuse.”

Industry Report: Bitcoin Is Still on Drugs, No Detox in Sight

Bitcoin Industry Report

Coinbase undergoes some changes, Bitcoin can’t break it’s drug habit, and Silk Road has a heart of gold. Here’s what you might have missed in this week’s cryptocurrency news: Also read: Industry Report: Bitcoin Hears Thunder, Ethereum’s Biggest Crowdsale, Kaspersky Kills Crime COINBASE Bitcoin exchange Coinbase is changing its name to Global Digital Asset Exchange […]

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University Students Risk Ransomware Infection Through USB Drives

Bitcoinist_Urbana-Champaign

A recent security experiment conducted at the University of Illinois Urbana-Champaign goes to show how insecure freely distributed USB drives can be. Almost one in two drives were taken and plugged into a computer right away, regardless of possible consequences. Also read: Syscoin 2.0 Launches DirectBTC on Decentralized Marketplace Please Refrain From Using Unknown USB […]

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Syscoin 2.0 Launches DirectBTC on Decentralized Marketplace

Syscoin 2.0

Syscoin, a cryptocurrency built for online merchants and marketplaces, has implemented DirectBTC as part of Syscoin 2.0 which builds on the features established on earlier versions. DirectBTC allows Bitcoin users to participate on the currency’s marketplace, which previously required ownership of the coin.  Also read: Pre-Order With Bitcoin Using Purse Pre New Syscoin 2.0 Features The […]

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Social KYC: far easier than passports and utility bills

I just received a white paper about Social KYC from Fintech startup Veridu. The idea is to use our social media profiles to authenticate and onboard as a new 21st century KYC process. It’s an interesting idea I thought I’d share here but, before I do, I posted a note in 2009 that recommended banks to use social media as a way of verifying whether customers could be trusted, a social KYC if you like.

2016 Is The Year Real Estate Wakes Up To Blockchain

I founded the International Blockchain Real Estate Association (IBREA) in October of 2013. On May 17th we held a conference in Newport Beach, CA. It was the first-ever full day conference dedicated exclusively to applying Bitcoin technology to the real…

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