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Women in Tech, Davos and the WEF

By | 2018-12-11T22:12:50+00:00 December 11th, 2018|Categories: blockchain, cryptocurrency, exchanges, fintech, technology, world|Tags: , , |

The World Economic Forum (WEF) Annual Meeting in Davos, which brings together the world’s top business and governments leaders, has taken place every January since the 70s. One cannot reach the WEF without invitation while the cost can be up to half a million dollars. However, we should make a clear distinction between the WEF and [...]

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Tokenize the World at StartEngine Summit on October 19th, 2018 in Los Angeles

By | 2018-09-12T21:47:46+00:00 September 12th, 2018|Categories: blockchain, cryptocurrency, exchanges, fintech, ico, world|Tags: , , , , |

StartEngine Crowdfunding Inc. (https://www.startengine.com/) has its third StartEngine Summit on October 19th, 2018 in Los Angeles, CA. Nextbigcoin readers can use the discount code "NEXTBIGCOIN" will get 20% off tickets. Buy tickets at this link. Tickets are normally $450 but are $360 with the discount. This conference focuses on ICOs, the tokenization of securities and alternative [...]

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Ethereum is about 1 million times less efficient for storage, network and computation

By | 2018-08-06T20:05:11+00:00 August 6th, 2018|Categories: blockchain, cryptocurrency, fintech, world|Tags: , , , , , , |

Blockchains are not for simple raw efficiency. The creator of Ethereum, Vitalik Buterin, explained how Ethereum is one million times less efficient than Amazon EC2 for computing, network and storage at this time. Ethereum World Computer Compared to Amazon EC2 Cloud prices Looking at Amazon EC2 (cloud) pricing. For medium scale computing the cost is 4 [...]

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Atomic Swaptions: Cryptocurrency Derivatives

By | 2018-07-28T09:47:18+00:00 July 28th, 2018|Categories: altcoins, blockchain, cryptocurrency, fintech, world|Tags: , , , |

The atomic swap protocol allows for the exchange of cryptocurrencies on different blockchains without the need to trust a third-party. However, market participants who desire to hold derivative assets such as options or futures would also benefit from trustless exchange. They propose the atomic swaption, which extends the atomic swap to allow for such exchanges. Crucially, [...]

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Oasis labs Privacy first blockchain with hundreds of times better performance and lower cost

By | 2018-07-17T00:44:04+00:00 July 17th, 2018|Categories: artificial intelligence, blockchain, cryptocurrency|Tags: , , , |

Oasis Labs is building a privacy-first, high-performance cloud computing platform on blockchain. Oasis Technology has the following capabilities: * Privacy-preserving smart contracts: programmed and self-enforceable privacy protection without relying on any central party. Privacy is built into each layer from the application down to hardware. * High-performance for real-world complex applications. Oasis believes scalability is more [...]

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Swiss BIS describes cryptocurrency problems in detail

By | 2018-06-18T12:03:12+00:00 June 18th, 2018|Categories: altcoins, cryptocurrency, exchanges, fintech|Tags: , , |

Swiss-based BIS says cryptocurrencies have design flaws and cannot replace current payment system load. The Bank for International Settlements told the cryptocurrency world it’s not ready for prime time. BIS makes their case in a 24 page report. Most modern-day transactions occur through means ultimately supported by central banks, over time a wide range of public [...]

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BMW piloting blocking tracking of mileage for leased cars

By | 2018-05-08T14:52:00+00:00 May 8th, 2018|Categories: altcoins, blockchain, cryptocurrency, fintech, ico, world|Tags: , , , |

BMW is piloting a blockchain platform to track mileage in leased vehicles through its startup innovation program. The effort is being carried out in partnership with blockchain startup DOVU - one of five startups to work with BMW Group UK as part of the company's Innovation Lab, first unveiled back in February. Specifically, DOVU developed a [...]

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Myntum will help secure your digital assets

By | 2018-05-07T18:25:08+00:00 May 7th, 2018|Categories: blockchain, cryptocurrency, Uncategorized|Tags: , |

Myntum is a new blockchain company that has goal of securing your digital assets. Myntum was conceived after the Napa fires, when people had to restore their lives after losing everything in the fires. If people scan their crucial legal and financial documents then Myntum can store them under multiple layers of security. There is a [...]

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Planetary Resources may use blockchain for space mining rights and funding

By | 2018-05-04T23:34:08+00:00 May 4th, 2018|Categories: blockchain, cryptocurrency, ico|Tags: , , |

A delay in funding from February 2018 forced Planetary Resources to lay off some of its 70 employees. Planetary Resources had planned on using several small spacecraft, launched as secondary payloads in 2020, fly to near-Earth asteroids to measure their water content. The funding issue will delay that mission. Planetary Resources is reconsidering its reliance on [...]

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Mobilecoin will try to integrate crypto with mobile payments

By | 2018-05-03T23:55:14+00:00 May 3rd, 2018|Categories: cryptocurrency, exchanges, fintech, world|Tags: , , , |

Mobile payments are currently mainly dominant in China and Asia. To get a sense of how pervasive mobile payments have become in China, consider that on the eve of this year’s Spring Festival, 668 million people on Tencent Holding’s WeChat app sent virtual hongbao – digital red packets containing money – to friends and family as [...]

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SpaceX Starlink satellite network would benefit distributed Bitcoin systems

By | 2018-05-03T02:41:41+00:00 April 23rd, 2018|Categories: blockchain, world|Tags: , , |

Mesh network should allow Bitcoin nodes to route around controls by any one government or other types of blockages, making them ideal for use with Bitcoin. Spacex confirms that their new, space-based infrastructure for the internet would be a type of mesh network, offering accessibility and resilience that Bitcoin users are looking for. SpaceX has received [...]

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NASA funds blockchain tech to improve space communication

By | 2018-05-03T02:41:48+00:00 April 23rd, 2018|Categories: blockchain, world|Tags: , , , |

NASA awarded a grant of $330,000 USD to the University of Akron towards the research of blockchain technology to improve space communication. Researchers at the university are developing a Resilient Networking and Computing Paradigm (RNCP) for space exploration. They will use blockchain to design a secure and decentralized infrastructure for processing the massive data for space [...]

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