Op Ed: Blockchain Education Network Hosts Month-Long Blockchain Accelerator

The Blockchain Education Network (BEN) is finishing its 2016 fall initiative with a month-long blockchain accelerator to encourage students who have recently discovered the blockchain to dive into developing applications for it. In September, the Blockchain Education Network partnered with BTC.com, Wall of Coins, e-BIT and BTC Media to host a global Bitcoin Airdrop, where ...

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Bitmain Reveals Plans for Major Bitcoin Mining Data-Center in Northwestern China

Beijing-based Bitcoin ASIC hardware producer and mining giant, Bitmain, announced on November 5 that it’s in the process of building a major data center complex in the northwest of China. The company says the facility will be capable of consuming up to 135 megawatts of power and is set to become the second largest data center in the world. According to a press ...

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The Next Big Thing? RSK Smart Contract Sidechain Launches Developer Release, Integrated in Jaxx Wallet

RSK Labs — better known as Rootstock — has announced the launch of the “Turmeric” release of its platform. Representing the beginning of the RSK Testnet Network, Turmeric is intended to allow developers to test their distributed applications and tools, and will be gradually opened to the public. Described by its creators as “the first open-source smart contract platform with ...

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ConsenSys Anticipates Moving Ujo Music Blockchain Rights Management Offering to Beta

Consensus Systems (ConsenSys), the New York City-based blockchain venture production studio, plans to move its Ujo Music rights management and royalty payments platform into closed beta mode during 1Q 2017, according to Jesse Grushack, a ConsenSys Director and Ujo product lead. The Ujo Music “open music” platform is designed to concentrate artists’ identities and businesses within artist-owned websites, where their ...

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Legacy Film, Video Players "Open to Possibility" of Blockchain Tech, Says SingularDTV CEO

SingularDTV CEO, Zach LeBeau, believes that achieving a decentralized and equitable global film and video ecosystem is likely to result from building more, not fewer, bridges among blockchain, digital currency and legacy players. In an interview with Bitcoin Magazine, LeBeau confirmed that SingularDTV, which is building an entertainment industry ecosystem on the Ethereum blockchain, is having exploratory conversations with at ...

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OKLink Launches Blockchain Remittance Network in Korea; Government to Institutionalize Digital Currencies

In October 2015 Bitcoin Magazine covered the launch of OKLink, an open digital wallet created by Chinese Bitcoin exchange OKCoin, designed to allow national and digital currencies to instantly transact across borders and currencies, with no fees. “We can hide Bitcoin technology in the background,” said OKLink Chief Strategy Officer, Jack Liu, “and that’s what we have launched with a ...

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Chinese Investors Turn to Bitcoin Amid Yuan Depreciation

The continuous devaluation of the Yuan has increased demand for bitcoin and new asset classes in China. Today, the country counts some 2 million bitcoin users; among them, 80 percent are speculating for short-term profit and about 14 percent are holding long-term, recognizing the value of the digital currency, according to Fang Yu, COO and Co-Founder of BitKan. Speaking at ...

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Op-Ed: How Blockchain Technology Can Revolutionize E-Democracy

Our democratic systems of today were designed hundreds of years ago, in a time when letters were drafted in quill and ink, and then sent hundreds of miles over horseback to be shared between individuals. Governing institutions required closed-door offices in order to handle and organize the massive number of documents required by their agencies. This data module made sense ...

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Bitcoin Is Thriving and Its Recent Price Surge Is a Testament to This

The price of bitcoin has experienced a steady rally in 2016: It has increased from $433 in January, surging past the $700 mark for the second time in late October. That marks a year-to-date increase of around 60 percent at today’s price, which seems to be settling down a bit at around $690 – $700 per bitcoin. Bitcoin’s price surge ...

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