MIT Panel: Democracy Is Antithetical to What Bitcoin Represents

Day one of last month’s MIT Bitcoin Expo featured a panel discussion on various improvements to Bitcoin that are either currently in the works or already deployed on the network. Participants on the panel were Blockstream mathematician Andrew Poelstra, Blockstream Core Tech Engineer Mark Friedenbach, Lightning Network co-creator Joseph Poon and Bitcoin Core contributor Jonas ...

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BitFury Announces Blockchain Land Titling Project With the Republic of Georgia and Economist Hernando De Soto

The Republic of Georgia’s National Agency of Public Registry, renowned Peruvian economist Hernando De Soto and Bitcoin company BitFury announced a partnership to design and pilot a blockchain land titling project, Forbes reports. The announcement was accompanied by a signing ceremony at the Georgian Ministry of Justice. “By building a blockchain-based property registry and taking full advantage of the security ...

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Smart Contracts Described by Nick Szabo 20 Years Ago Now Becoming Reality

Smart contract technology is booming with the release of Ethereum and programming languages such as Solidity and Serpent, that have made contracts much simpler to build and deploy. The idea has been around for a long time, though. Nick Szabo, the cryptographer known for his research on digital currency, wrote an article about smart contracts as early as 1995. Szabo’s ...

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Estonia Financial Agency Stops Two Year Long Investigation of Bitcoin Trader

The Estonian Financial Intelligence Unit on Friday stopped its investigation of a Bitcoin trader in the Northern Baltic European nation. The decision comes after  Otto de Voogd had evidently exercised his right to remain silent over the course of two years.  In February 2014, de Voogd’s BTC.ee announced it “temporarily stopped trading due to threats issued by Estonian police.” The ...

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The Blockchain for Heathcare: Gem Launches Gem Health Network With Philips Blockchain Lab

Gem, a provider of enterprise blockchain solutions, launched Gem Health, a network for developing applications and shared infrastructure for healthcare powered by the Ethereum blockchain, and announced that Philips Blockchain Lab, a research and development center of healthcare giant Philips, is the first major healthcare operator to join the Gem Health network. Gem Health is a blockchain network for the ...

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The United States Is Falling Behind in Bitcoin Regulation

Lawmakers and regulators in the United States could be doing a much better job attracting innovative fintech startups to the country, Coin Center Executive Director Jerry Brito said at a recent cryptocurrency-focused event hosted by the Cato Institute. Although the United States started out as the leader in Bitcoin regulation, it is now falling behind other jurisdictions, such as the ...

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Bitcoin and Blockchain Tech Are Fueling a Fourth Industrial Revolution

Editor’s Note: This is an opinion piece by Andrew Quentson; the views and opinions expressed are those of the author. Is a fourth industrial revolution underway? Advancements in information-sharing technology, including data analytics, cloud computing, wireless sensors, smart contracts, decentralized autonomous organizations and blockchain technology seem to be fuelling not just a disruption but a revolution, fuelled by the invention ...

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Blockchain Technology Could Enable Next-Generation, Peer-To-Peer Energy Microgrids

An experimental energy microgrid in Brooklyn, New York, shows how energy-generating homes can become part of a peer-to-peer electricity system, Fast Coexist reports. The project, part of the Brooklyn Microgrid ‒ a distributed energy development group in the Park Slope and Gowanus communities of Brooklyn, creating a connected network for local energy ‒ also shows how distributed ledger technology could ...

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Ethcore Raises Financing Round as First Venture Capital Funded Ethereum Startup

Ethereum startup Ethcore has raised $750,000 in a preliminary, pre-seed funding round led by Silicon Valley-based Blockchain Capital and Shanghai-based Fenbushi Capital.  Ethcore intends to further pursue the development of the Ethereum blockchain stack and assist partners who wish to innovate using the smart contract platform. The startup was also awarded a grant by the U.K. government’s Innovate UK to ...

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