Chinese banks are using blockchain to fight fraud

@tachyeonz : (Reuters) – Chinese banks are hiring blockchain experts as the government pushes use of the technology behind bitcoin to increase transparency and combat fraud in its financial sector. Lenders have struggled for years with outdated and disparate technology.

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Blockchain and the Utility Industry aka Beauty and The Beast.

@tachyeonz : The utility industry is averse to innovation. This is because the instability and disruption inherent in new and innovative ideas goes against the fundamental premise of the industry; that premise is to provide stable, secure and reasonably priced electricity/water.

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Published On:January 11, 2017 at 12:39AM

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Documentary: The Bitcoin Gospel (VPRO Backlight)

@tachyeonz : Is bitcoin the blueprint for a bankless currency, or the biggest pyramid scheme ever?What if we could create money ourselves, without the need for banks? Money that can’t be forged, that will appreciate rather than depreciate, and that can be used worldwide without transaction costs. It exists, an

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Published On:January 08, 2017 at 07:28PM

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Banking on Bitcoin

@tachyeonz : Banking on Bitcoin Trailer Watch movie 3,393 views Not since the invention of the Internet has there been such a disruptive technology as Bitcoin.

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Published On:January 08, 2017 at 01:55AM

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This Blockchain Thing Is Really Happening, Time To Learn What It Is: 2016 In Review

@tachyeonz : Blockchain technology was developed for the bitcoin virtual currency, but increasingly it’s being used to track and authenticate all kinds of assets, from stocks and bonds to electrons.

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Tags : anonymity, autonomous organizations, bitcoin, blockchain, cryptocurrency, dao, decentralized, distributed ledger, distributed transactions, future, m, pseudoanonymity, trends, virtual currency

Published On:December 28, 2016 at 09:14PM

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The Truth About Blockchain

@tachyeonz : We’ve all heard that blockchain will revolutionize business, but it’s going to take a lot longer than many people claim. Like TCP/IP (on which the internet was built), blockchain is a foundational technology that will require broad coordination.

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Tags : bitcoin, distributed databases, distributed ledger, distributed transactions, hype, immutable, m, peer to peer, pseudoanonymity, resilience, tcp-ip, transactions

Published On:December 27, 2016 at 03:24AM

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Blockchain – The Next Big Thing for Middleware

@tachyeonz : Fascinating new technologies are emerging these days. Everybody talks about cloud, containers, big data and machine learning. Another disrupting technology is blockchain. You might have heard about blockchain as the underlying infrastructure of Bitcoin. But Bitcoin is just the tip of the iceberg.

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Tags : bitcoin, blockchain, distributed ledger, distributed transactions, internet of things, iot, m, middleware

Published On:December 25, 2016 at 06:17PM

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How Blockchains could transform Artificial Intelligence

@tachyeonz : In recent years, AI (artificial intelligence) researchers have finally cracked problems that they’ve worked on for decades, from Go to human-level speech recognition. A key piece was the ability to gather and learn on mountains of data, which pulled error rates past the success line.

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Tags : artificial intelligence, bitcoin, blockchain, decentralization, distributed ledger, distributed transactions, immutable, m

Published On:December 25, 2016 at 01:13AM

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The Age of Tokenized Ecosystems

@tachyeonz : An overview of Zach LeBeau’s presentation at Blockchain 360 in Boston on October 17, 2016. “The Age of Tokenized Ecosystems” has begun. This new era directly correlates with the beginning of a new technological boom that is quietly gaining momentum — the decentralization revolution.

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Tags : blockchain, decentralization, distributed ledger, distributed transactions, ecosystems, m, smart contracts, tokens

Published On:November 28, 2016 at 07:26PM

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The Age of Tokenized Ecosystems

@tachyeonz : An overview of Zach LeBeau’s presentation at Blockchain 360 in Boston on October 17, 2016. “The Age of Tokenized Ecosystems” has begun. This new era directly correlates with the beginning of a new technological boom that is quietly gaining momentum — the decentralization revolution.

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Tags : blockchain, decentralization, distributed ledger, distributed transactions, ecosystems, m, smart contracts, tokens

Published On:November 28, 2016 at 07:26PM

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Blockchain — AIs tool of choice

@tachyeonz : We think of AI as a completely Internet based Entity, one which is confined just to the Internet. Even if it ever hacks into your computer, I believe nobody expects your computer to suddenly grow arms and legs and start doing stuff in physical reality. So that is out of the question.

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Tags : artificial intelligence, blockchain, distributed ledger, m, smart contracts

Published On:November 30, 2016 at 01:09PM

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World’s First Village To Adopt Blockchain In Its Farming & Management

@tachyeonz : The small village of Kolionovo, outside of Moscow Russia, has become the first in the world to integrate Blockchain technology into its farming business and agriculture management. Kolionovo uses a decentralized Blockchain system for some local organizational, financial and legal issues.

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Tags : agriculture, blockchain, distributed ledger, ethereum, farming, m, smart contracts

Published On:November 30, 2016 at 09:59PM

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