A unified language for digital assets would provide the foundation for our decentralized economic and social infrastructure. Simplicity is directly proportional to efficiency; when there are fewer things to break, we expect that on average, even fewer things will do so. Asymptotically, decentralized systems are the embodiment of simplicity; they tend toward sustaining complexity and […]
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Institutional adoption of blockchain can offer great benefits, as truly decentralized control often comes from the roots of centralization. The power of blockchain technology to decentralize control of our financial economy is well documented. It is one of the cornerstones of the origins of the technology, with the genesis block of Satoshi Nakamoto’s Bitcoin (BTC) […]
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The latest wave of incoming blockchain-enabled games promise AAA experiences for gamers, potentially exposing 2.5 billion people to crypto. Regular readers will no doubt be aware of the high expectations currently being placed on the shoulders of blockchain gaming. For advocates of blockchain technology, there is the hope that tapping into the estimated 2.5 billion […]
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Policymakers in Europe and the U.S. are pushing to use blockchain technology to ensure a safer, regulated cannabis market. Interest in cannabidiol-based products has been on the rise, as recent statistics show that the global cannabis market is expected to have reached $42.7 billion in the next four years. Yet as hemp-derived cannabidiol, or CBD, […]
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Diversity and inclusion are valued higher in the crypto space than in traditional finances, but there are some cultural obstacles we need to overcome. When we talk about financial inclusion, we have to think about inclusion for whom, in what context, and what inclusion itself means. One of the common answers when thinking about who […]
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Fed Governor Lael Brainard shares updates about the U.S. digital currency initiative and why it is crucial to understand CBDCs. The Federal Reserve Bank of Boston has entered into a partnership with the Massachusetts Institute of Technology to better understand the concept of digital currencies. The bank will work with MIT researchers on a multiyear […]
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After heavy funding cuts for blockchain this year, Global 2000 companies are looking to DLT to regain a competitive advantage in the post-coronavirus landscape. Professional services firm KPMG has published a report predicting that blockchain will be one of five emerging technology sectors to see increased investment from enterprises over the next 12 months. Titled […]
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DAGs present an encouraging approach, aimed to improve the existing speed, scalability and cost issues of blockchain technology. The more time you spend in the blockchain and cryptocurrency industry, the more you encounter some fairly arcane technologies and their accompanying terminologies. Blockchain technology, which started out as a simple immutable record composed of blocks of […]
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Blockchain firm HashCash plans to create a federated and sovereign digital identity architecture to be used in banking processes. Blockchain firm HashCash Consultants claims that banks are “chief arbiters” of people’s identities, and need blockchain technology to do it better. According to an Aug. 11 announcement, “accurate identification of an individual is central to banking […]
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The CEO of Animoca Brands, Yat Siu discussed his firm’s strategy of bringing the benefits of blockchain technology to non-crypto-native games with loyal audiences. While investment is heating up in the blockchain gaming sector, a common criticism of crypto-powered games has been how to secure users from outside of the cryptocurrency space. Blockchain gaming powerhouse, […]
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