Posts in category

Op-ed


The recent announcement that Bittrex will allow investors to buy digital coins with the U.S. dollar is the latest in a string of crypto trading trends to move West from Asia. With Japan and Korea among the first to facilitate an open and active trading ecosystem with fiat pairing, it’s clear that the Asian region …

0 38

A key aspect of modern society is its trust in reliable government and monetary systems. Government and central banks have been the guardians of the financial system. Ever since humans evolved from nomads, government and financial institutions have sought restrictions — to varying degrees — on choices available to individuals with their assets and currency. …

0 37

The shift has already started; finance is moving onto the blockchain, leveraging the decentralization and disintermediation benefits of the technology’s architecture. Assets of all kinds are being moved to the blockchain, creating a more efficient and economical system for the transfer of value, and management of fractional ownership. This migration isn’t just disrupting the existing …

0 38

Venmo could be the ultimate cryptocurrency experience from a user-experience perspective. Any cryptocurrency that seeks to power the future of global transactions must ensure that it is supported by a payment system that is simple, user-friendly and free — like Venmo. Bitcoin and Venmo In the original Bitcoin white paper, Satoshi Nakamoto describes the network as “a …

0 39

Applications of blockchains extend far beyond cryptocurrencies. Electronic sensor networks powered by the Internet of Things (IoT) are an untapped platform for deploying the next generation of blockchain technology, which stands to improve operating efficiency in numerous sectors, including manufacturing supply chains. The key challenge to adopting blockchain technology on a large scale is adequately …

0 36

This guest post by Laura E. Jehl was co-written by Robert A. Musiala Jr. and Stephanie Malaska of BakerHostetler. Views expressed are those of the authors and do not necessarily reflect those of BTC Inc. or Bitcoin Magazine. This year, we’re witnessing the convergence, and perhaps the collision, of two powerful new forces in data privacy: …

0 36

Traditional stock market trades can leverage the concept of atomic swaps to facilitate direct stock-to-stock trades without requiring cash positions. Atomic Stocks Overview In traditional stock exchanges, retail investors in public markets are unable to switch from one position to another without first going into cash. For example, an investor looking to trade his or …

0 36

The cryptocurrency industry has seen tremendous growth this year, with a 3,363 percent increase in market capitalization and a 216 percent increase in cryptocurrency and asset exchanges. While this is certainly promising, it foreshadows a unique scalability problem. At present, most crypto companies are almost entirely dependent on the charity of “nodes” to establish and …

0 38

While many in the West often overlook Africa as an emerging blockchain innovation center, a deeper look across the continent tells a very different story. The Blockchain Africa Conference came to a close last month in Johannesburg, South Africa. Around the same time, the Kenyan government set up a task force to study the impact …

0 36

Cryptocurrency and blockchain technology continue to disrupt the global marketplace; organizations that leverage these innovative technologies can expect to see an increase in regulatory intervention in 2018. As a result of the proliferation of blockchains and cryptocurrencies, the market is witnessing a fight for talent to fill leadership roles involved with driving adoption of, and …

0 39

Public interest in cryptocurrency has led to a rush of recent advertising, mostly on social media and the internet. Much of that advertising has focused on driving consumer interest in contributing money to an Initial Coin Offering or ICO. Unlike other forms of private investment, which are off limits to all but wealthy, accredited investors, …

0 41

By now we’ve all seen the headlines about Facebook’s poor data practices: as many as 87 million users’ personal records affected by Cambridge Analytica, 2.2 billion users’ profiles scraped by third parties, and so on. But what went wrong isn’t limited to Facebook. The problem is that an internet run by centralized digital superpowers leaves …

0 39

“Ever heard of tulips?” It’s a question anyone who is publically involved in the cryptocurrency space has been asked multiple times. With the enormous gains in value the industry has seen, many observers come to the same conclusion. It’s a bubble. The take is not a terrible one and many experienced cryptocurrency traders agree with …

0 39

On March 19, 2018, in an op-ed published by the French news website, Numerama, France’s Minister of Finance and Economics, Bruno Le Maire wrote what appears, at least at first glance, to be an uncharacteristically optimistic exposition on the profound and pioneering nature of cryptocurrency and blockchain technology: “A revolution is underway, of which bitcoin …

0 38

Korea has many of the pieces of the puzzle to become the first “Crypto-Powered Nation,” one that runs on blockchains and supports a crypto economy. Here’s what I learned during an intense two and a half days there in March 2018. Some country out there is going to be the first “Crypto-Powered Nation.” That would …

0 36

Compliance with Anti-Money Laundering (AML) rules and with the economic sanctions administered by the Treasury Department’s Office of Foreign Assets Control (OFAC) can be a daunting task for any business. When it comes to the fast-moving world of token sales and cryptocurrencies in general, much of the legal and regulatory landscape is yet to be …

0 42

Any programmer who has ever sat down to build a DApp at one point has had to think about the limits of current public blockchains, the most important and obvious one being their limited throughput, i.e., the number of transactions processed per second. In order to run a DApp that can handle real-world throughput requirements, …

0 36

The Financial Crimes Enforcement Network (FinCEN) appears to be taking steps to eliminate some of the ambiguity surrounding the status of ICOs as money services businesses (MSBs). On March 6, 2018, FinCEN released a letter it sent in February to U.S. Senator Ron Wyden (the “Wyden Letter”). The letter stakes out a policy position that …

0 38

Combining the benefits of a utility-based cryptocurrency and a company that exhibits the characteristics of a power law network creates the perfect opportunity for a globally adopted cryptocurrency –– the Amazon Token. Amazon’s Full-Circle Economy In this hypothetical futuristic scenario, Amazon extends on the suite of products and services it provides customers in 2018 including: …

0 36

Well-known crypto companies such as Coinbase, eToro, CryptoCompare, CEX.IO, BlockEx, CoinShares and CommerceBlock have recently announced the creation of CryptoUK. As stated on their official website, CryptoUK is a self-regulatory trade association established to promote higher standards of conduct. But why should these obvious competitors and big players unite? And is this becoming a trend? …

0 37