Blockchain 

Artificial Intelligence Will Enable the Future, Blockchain Will Secure It

Speaking at BlockShow Asia 2019, Todalarity CEO Toufi Saliba posed a hypothetical question to the audience: “How many people would take a pill that made you smarter, knowing they can be controlled by a social entity?” No one raised their hand, and he was unsurprised. “That’s the response that I get, zero percent of you,” he continued. “Now imagine at the same time the pill has autonomous decentralized governance so that no one can control or repurpose that pill but the host – yourself.”  This time hands were raised in…

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Blockchain 

Blockchain Is the Future But Keep it Rational — Avoid ‘Aircoins’

China’s official state-owned media has endorsed “orderly” blockchain innovation but cautioned the public to “keep it rational” and avoid the hype around “aircoins.”  On Oct. 4, Dovey Wan — founding partner of blockchain-based investment company Primitive Ventures — tweeted two screenshots showing a rough translation of the new report from the CPC-owned English-language news portal China Daily. China needs “inclusive and prudent” regulation The People’s Daily article opens with the bullish statement that with blockchain “the future is here” — yet swiftly goes on to draw a sharp distinction between…

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Bitcoin 

The Future of Cryptocurrencies in the UK Hangs on FCA’s Decision

Since the days of the British Empire, the United Kingdom has been one of the world’s largest and most influential economic powerhouses. Even though its financial control over the world has substantially decreased, the country is still one of the most culturally relevant regions in the world, especially when it comes to the adoption of a trend.  A survey by London-based law firm Michelmores LLP revealed that 20% of affluent millennials in the United Kingdom have invested in Bitcoin (BTC) and other cryptocurrencies. Keeping this in mind, when the U.K.’s…

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Bitcoin 

32% of Europeans Believe Crypto Is the Future of E-Payments

Most Europeans believe cryptocurrencies can be spent in most stores, according to the results of a survey conducted by ING Bank and published on Sept. 18. Crypto can be spent in most stores? The survey, which has seen 15,000 Europeans from 15 different countries answer questions about crypto, revealed that 51% of the respondents believe cryptocurrencies can be spent in most stores.  Cryptocurrency, of course, is not accepted at most stores unless you are in a “Bitcoin city” like Arnhem, the Netherlands, for example, or somewhere in Japan. Crypto-friendly store…

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Blockchain 

Gambling or a Window to the Future?

Recently, there have been an increasing number of blockchain-based prediction markets (PMs) such as Augur, Bitcoin Hivemind, Amoveo, Gnosis, Cindicator, etc. PMs use the technology of smart contracts for bets on various issues. For example, one user could place $100 on President Donald Trump getting reelected for a second presidential term while another person is convinced that a Democratic candidate will win the Oval office in 2020. Once the election is over, the pot is automatically transferred to the winner of the bet. At first sight, betting may not be…

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Blockchain 

Mastercard Hints at Future Crypto Wallet Product with New Job Listings

Mastercard appears to be angling to enter the crypto wallet space with new job ads for blockchain and cryptocurrency-related product development. According to updated job listings from the payments giant as of August 2, the company is seeking to hire for the following roles:  “Director, Product Management – Crypto Currency/ Wallets, Director, Product Development & Innovation – Blockchain Solutions Architect, and VP, Product Management – Blockchain/Crypto.” A bid for the crypto wallet space? Two of the new roles — the future director of product management for cryptocurrency/wallets and future VP…

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Bitcoin 

Buterin Supports BTC-ETH Mix, as Future of Crypto Is ‘Pluralist’

Ethereum co-founder said that the future of crypto is pluralist in response to a recent proposal of mixing Bitcoin (BTC) Lightning Network (LN) with Ethereum. Blockade Games using Bitcoin LN as an interface for Ethereum contracts On July 31, blockchain-focused game developer Blockade Games posted an article on implementation of Bitcoin LN as an interface for Ethereum contracts in order to enable instant payments in Bitcoin, while simultaneously triggering a series of events on Ethereum, or any other chain. Ethereum co-founder Vitalik Buterin tweeted on the news on Aug. 2,…

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Blockchain 

US Treasury Secretary Mnuchin Voices New Pessimism About Bitcoin’s Future

United States Treasury Secretary Steven Mnuchin voiced new bearish views on Bitcoin today, saying that he probably will not be talking about the number one cryptocurrency in as soon as five years. In an interview with “Squawk Box” CNBC on July 24, Mnuchin said: “I won’t be talking about Bitcoin in 10 years, I can assure you that […] I would bet even in 5 or 6 years I’m no longer talking about Bitcoin as Treasury Secretary. I’ll have other priorities […] I can assure you I will personally not…

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Blockchain 

Is There A Viable Solution For The Future?

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. In a 2013 paper published by David Yernack, the professor of finance at New York University stated that, for any currency to be useful to society, it should be able to function as a medium of exchange, a store of value and a…

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Ethereum 

Oxfam Trials Aid Distribution With DAI, Future Use ‘Highly Likely’

Throughout May 2019, United Kingdom-based nonprofit organization Oxfam International executed a month-long trial that saw MakerDAO’s DAI stablecoin distributed as a means of exchange among citizens of Vanuatu. The Oxfam initiative, named UnBlocked Cash, was conducted in partnership with MakerDAO, ConsenSys and Australian tech startup Sempo. The Australian government also supported the program. Tsunamis, cyclones and volcanic eruptions comprise a constant concern for the citizens of Vanuatu, with WorldRiskReport describing it as the world’s most at-risk nation to natural disaster for five consecutive years. The month-long program saw 200 residents…

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