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Bitcoin: How its core technology will change the world - tech - 05 February 2014 - New Scientist

Bitcoin: How its core technology will change the world - tech - 05 February 2014 - New Scientist | Living | Scoop.it
The virtual currency is about more than money – the real innovation is what people are doing with the technology it is based on

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BITCOIN has been called many things, from the future of money to a drug dealer's dream and everything else in between. But beyond creating the web's first native currency, the true innovation of Bitcoin's mysterious designer, Satoshi Nakamoto, is its underlying technology, the "block chain". That fundamental concept is being used to transform Bitcoin – and could even replace it altogether.

So what is the block chain? It is a ledger of transactions that keeps Bitcoin secure and allows all users to agree on exactly who owns how many bitcoins. Each new block requires a record of recent transactions along with a string of letters and numbers, known as a hash, which is based on the previous block and produced using a cryptographic algorithm.

Miners, people who run the peer-to-peer Bitcoin software, randomly generate hashes, competing to produce one with a value below a certain target difficulty and thus complete a new block and receive a reward, currently 25 bitcoins. This difficulty means faking a transaction is impossible unless you have more computing power than everyone else on the Bitcoin network combined. Confused? Don't worry, ordinary Bitcoin users needn't know the details of how the block chain works, just as people with a credit card don't bother learning banking network jargon. But those who do understand the power of the block chain are realising how Nakamoto's technology for mass agreement can be adapted. "You can replace that agreement with all sorts of different things and now you have a really powerful building block for any kind of distributed system," says Jeremy Clark of Concordia University in Montreal, Canada.


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Business Funding

Business Funding | Living | Scoop.it
Horizon Business Funding is a leading provider of alternative financing solutions for small and...
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The starting of the will do community project. | Self Employment on GOOD

The starting of the will do community project. | Self Employment on GOOD | Living | Scoop.it
Hello. The project is to create a community working together to help each other develop their small business baby step, by baby step to tadaaa.
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Kickstarter Allowing Canada-Based Projects Beginning This Summer | TechCrunch

Kickstarter Allowing Canada-Based Projects Beginning This Summer | TechCrunch | Living | Scoop.it
Kickstarter just announced via its Twitter account that it will be opening up its crowdfunding platform for Canada-based projects as of “later this summer.” Thus far, that’s as specific as the company is getting, but anyone interested in finding out more can sign up at Kickstarter’s Canada launch page with their email and project category of interest to get an alert when things go live.

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:::: Picti.US ::::'s comment, July 1, 2013 5:10 AM
but KS wants also that ... You are a permanent US resident with a Social Security Number (or EIN). You have a US address, US bank account, and US state-issued ID (driver’s license). You have a major US credit or debit card.
Ken Taggart's comment, July 1, 2013 5:30 AM
I am a UK citizen, UK bank acc & address. But you can try this http://bit.ly/129pUyR
:::: Picti.US ::::'s comment, July 1, 2013 5:38 AM
thanks Ken
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How To Build Your Business In Hyper-Local Markets: Research, Relate, Reinvent - Forbes

How To Build Your Business In Hyper-Local Markets: Research, Relate, Reinvent - Forbes | Living | Scoop.it
Too many national brands use blanket communications to try to penetrate local markets. If you really want to make an impression in a hyper-local market, you're going to have to do better than that.
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Got Funding? 7 Things to Do Now

Got Funding? 7 Things to Do Now | Living | Scoop.it
It's too easy to lose focus after reaching this all-important milestone. Stay the course post-funding with these tips.
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8 Ways Bootstrapping Makes You A Better Entrepreneur - Forbes

8 Ways Bootstrapping Makes You A Better Entrepreneur - Forbes | Living | Scoop.it
To bootstrap or not to bootstrap? Serial entrepreneur Jay Wu argues that bootstrapping actually helps you execute smarter -- and faster.
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Your startup valuation? The Solution

Do your homeworks! Entrepreneurs are turned off on high valuations or bad financial information. We facilitate both. Present the Equidam report to investors, study it, read it or just attach it to your business plan! Get your idea funded with Equidam


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Surviving the 3 Stages of Founder Growth

Surviving the 3 Stages of Founder Growth | Living | Scoop.it
Founders tend to go through three stages as their companies grow. To get through the second, you'll need a founder whisperer.
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photo.jpg (574x574 pixels)

photo.jpg (574x574 pixels) | Living | Scoop.it
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The Future of Sales Technology

The Future of Sales Technology | Living | Scoop.it
Salespeople are always the early adopters. Here's where they (and you) are heading.
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Corporate leaders and psychopaths — what’s the difference? –

Corporate leaders and psychopaths — what’s the difference? – | Living | Scoop.it
Cool under pressure. Lack of empathy. Utilitarianism instincts. A new book, writes LeadingCompany's Kath Walters, examines the link between psychopaths and corporate leaders.

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How These Five Women Are Saving for Retirement - Forbes

How These Five Women Are Saving for Retirement - Forbes | Living | Scoop.it
These four real women are saving for retirement. Read on to find out how much they have, how they did it and how you can, too.
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Foreign buyers pay top dollar for low-risk second homes across the globe

Foreign buyers pay top dollar for low-risk second homes across the globe | Living | Scoop.it
Foreign buyers are willing to pay top dollar for second homes abroad, as long as they are low risk and have a potential for appreciation
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Aboriginal entrepreneurs growing, getting support

Aboriginal entrepreneurs growing, getting support | Living | Scoop.it
Recognizing that aboriginal business owners are a growing sector across Canada despite having less access to funding and support networks, a new program...
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Wings for a nation via @tatacompanies

Wings for a nation via @tatacompanies | Living | Scoop.it
The following is an excerpt from The Creation of Wealth, RM Lala's celebrated story of the House of Tata. It was written in 1981.
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Thinking Long Term Can be Short Sighted*

Thinking Long Term Can be Short Sighted* | Living | Scoop.it
I'm constantly asked where I see our business in 3 to 5 years. What's amazing is how rare it is that people ask me about how we work as a team to operate better, refine our processes and social ads
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5 Great Tips from Kickstarter: Boost Tomorrow's Business - Forbes

5 Great Tips from Kickstarter: Boost Tomorrow's Business - Forbes | Living | Scoop.it
Have you heard of Kickstarter or crowdfunding? You soon will. Crowdfunding is an alternative way to raise capital to get a venture off the ground.
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Knowing When To "Pivot" Your Career: My 90-Day Rule - Forbes

Knowing When To "Pivot" Your Career: My 90-Day Rule - Forbes | Living | Scoop.it
For all the talk about pivoting a business, the hardest "pivot" to make is internal -- changing our own mindsets to set off on an unfamiliar, new course in our businesses.
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Investigators Probe Shady Crowdfunding Sites

Investigators Probe Shady Crowdfunding Sites | Living | Scoop.it
The JOBS Act paved the road for new crowdfunding portals. Now regulators are sussing out the potential fraudsters.
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10 Tips on Choosing a Crowdfunding Consultant

10 Tips on Choosing a Crowdfunding Consultant | Living | Scoop.it
Rose Spinelli, founder of The CrowdFundamentals offers newcomers some tips on how to choose a crowdfunding consultant that's right for them.

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Economic Collapse? JP Morgan's Latest View On The U.S. Economy - Forbes

Economic Collapse? JP Morgan's Latest View On The U.S. Economy - Forbes | Living | Scoop.it
Is Obama taking us to hell in a handbasket? J,P. Morgan's economists weigh in. The fiscal cliff is behind us. But according to a study by the Bipartisan Policy Center in Washington, released on Monday, the U.S.
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10 types of startup that had a breakthrough 2012

10 types of startup that had a breakthrough 2012 | Living | Scoop.it
As the year draws to a close, let's take a look at the trends that have proven important in the world of tech startups. Don't forget to take a look at our other lists as we tie 2012 ...

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Seven Steps: Creating Compelling and Credible Crowdfunding Plans | iCrowd

Seven Steps: Creating Compelling and Credible Crowdfunding Plans | iCrowd | Living | Scoop.it

The hallmark of crowdfunding is that collective wisdom will become the standard for evaluating investment ideas. We refer to this process as “diligence by the crowd”. In the normal course of evaluating opportunities, investors go through a process referred to a “due diligence,” a rigorous analysis to test companies’ claims and assumptions. Angel investors perform due diligence themselves or as part of a group. Venture capital firms have highly structured approaches. In Investment Crowdfunding, the process will be driven by individuals who examine disparate elements of potential investments.


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Faveoly Crowdfunding Project of the Day: BIGrootcup

Faveoly Crowdfunding Project of the Day: BIGrootcup | Living | Scoop.it

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