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A 2017 Collection of the Past Six Month's Dank Crypto-Memes - Bitcoin News

A 2017 Collection of the Past Six Month's Dank Crypto-Memes - Bitcoin News | wealth business & social media | Scoop.it

salina.williams13@gmail.com Alongside the year's record-breaking achievements, the cryptocurrency community has also seen the production of a vast array of dank memes giving us some


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5 infographics that explain on year of blockchain news

5 infographics that explain on year of blockchain news | wealth business & social media | Scoop.it
Here’s a quick overview of a year’s worth of news about blockchains, databases that essentially make records more verifiable and permanent.

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Jan Miranda's curator insight, April 25, 2017 12:56 PM
If you work in finance or own any bitcoin, you likely already know about blockchain technology. But for those in neither category, here’s a quick overview of a year’s worth of news about blockchains, databases that essentially make records more verifiable and permanent.

Important developments: blockchain’s effect on mobile payments, trade finance, and augmented and virtual reality. 

The more surprising themes and developments: some countries see blockchain technology as a way to cut down on voting fraud, and others, like Australia, are starting to incorporate blockchain into peer-to-peer solar power exchanges.
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The DAO is a New Dow - An evolution of stock exchange infrastructure

The DAO is a New Dow - An evolution of stock exchange infrastructure | wealth business & social media | Scoop.it

The DAO is a paradigm shift on the existing stock exchanges and financial systems which can bring more wealth opportunities to the average investor.


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Jan Miranda's curator insight, May 26, 2016 1:36 AM
The DAO - an evolution of the stock exchange infrastructure, part of the progression of technology in the past two centuries.

The DAO has raised $160M+ worth of ether, the native cryptocurrency of the Ethereum network, in just a few weeks.

The DAO and its valuation will be an effective ether index of the proposals it accepts, much like the Dow is a stock market index. The difference is that The DAO is owned by market participants who choose what is funded, listed and potentially provides a return on those investments.

First Investment

One of the first proposals set to be voted on by The DAO following its creation phase – wherein voting tokens are created through the exchange of ether – will be submitted by Ethereum-based startup Slock.it.

In its first proposal, Slock.it will offer the creation of what they call the Universal Sharing Network, an effort aimed at creating a technology backbone for Ethereum.

Part of The DAO’s recipe for success is that the creators came at blockchain from two angles. The combination of a blockchain-coded business entity (The DAO) funding an IoT hardware product (Slock.it) that is controlled through a blockchain for use in the sharing economy is just too sexy for the futurist blockchain community to resist.

The DAO will use votes to accept or reject funding for future proposals like Slock.it. It will also be participatory, as thousands of people appear to have purchased voting rights.

A New Financial Paradigm  

Global capital markets have been a cloistered community since they began. Capital markets are not democratized in the sense that the people participating belong to a unique demographic and are able to navigate the particular and complex language of investment finance.

Capital markets are seeing challengers as digital finance innovations accelerate. Crowdfunding platforms like Kickstarter and Indiegogo were only the beginning.

Going Forward

This may be a powerful innovation for capital markets, something that has been suggested ever since the implications of bitcoin became understood. Innovating capital markets the way The DAO is suggesting could have profound effects on society.

The platform leverages blockchain to be the market’s digital backbone, breaking down the friction in the flow of information. If this creates a market that will benefit micro-investors as well as entrepreneurs seeking that elusive first million dollars, it could mean the difference between an idea growing or dying on the vine.

It will also bring governance of a business into a transparent, blockchain-based sphere. Meaning, there will be off-the-shelf blockchain code to set-up and operate a business proposal for funding and listing on The DAO.

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Blockchain: A multi-functional 'Swiss Army knife' for cyber-security

Blockchain: A multi-functional 'Swiss Army knife' for cyber-security | wealth business & social media | Scoop.it
Blockchain is known for powering cryptocurrencies, but developers are finding many other innovative uses for crypto-secure transactions, write Adam Palmer and Michael Palage., Security

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Why Corporations Love Ethereum

Why Corporations Love Ethereum | wealth business & social media | Scoop.it
Ethereum, the world's second most valuable cryptocurrency network after Bitcoin, recently fell victim to a sophisticated hack within one of its thir

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Jan Miranda's curator insight, July 7, 2016 11:50 PM
Why Corporations Love Ethereum.

Ethereum is a year old in the marketplace, and has already briefly flirted with a US $1.5 billion market valuation. Despite this crazy vote of confidence from the crypto market, the technology is still new. Bitcoin had many problems in its first couple years that required correction or tweaking; Bitcoin came into existence more than 7 years ago in January 2009. 

To a user who posted about Ethereum possibly being “over-engineered,” or too complex, Buterin popped in to offer his thoughts: “iPhones are incredibly over-engineered below the surface. It often takes a lot of complexity at the bottom and at middle layers in order to make the top look clean and shiny (though ethereum’s philosophy is certainly to favor complexity in the middle over complexity at the bottom wherever possible for consensus/security reasons).”