Search results: proof of work

Coronavirus’ impact on the U.S. economy might hasten the creation of a digital dollar.

A decentralized, digitized and secure voting system could make elections more transparent, honest and trusted. But can blockchain voting also stem violence against voters — and overcome stains from the Voatz debacle?

What’s up with South Korea’s new blockchain regulations? And where is bitcoin now legal tender? (Mai oui!) Other headlines around the world: a storm over STEEM, the new Baseline protocol for privacy, HTC’s Exodus 5G Hub, and how the coronavirus has affected blockchain firms in China.

Gold bars are unwieldy. Gold futures and ETFs carry risks. Can gold-backed crypto, or tokenized gold, be a safer hedge during the current market tumult?

Blockchain has had an interesting, albeit slightly paradoxical journey in India. On one hand, the technology itself has seen great support from the startup ecosystem as well as the Government. On the other hand, cryptocurrencies have faced huge regulatory hurdles in India, such as the Reserve Bank of India (RBI) issuing a directive to ring-fence regulated entities like banks from the risk of trading virtual assets.

In a 2019 speech, the visionary creator and co-founder of Ethereum describes Eth2’s launch in phases, including proof of stake, data sharding and scaling.

The Chamber of Digital Commerce is “gravely concerned” about how the U.S. Government is addressing technological challenges and opportunities posed by blockchain according to founder and president Perianne Boring. The U.S. could be ceding technological leadership as well as the dollar’s reserve currency status to other nations including China if it does not revamp policies toward emerging blockchain innovation.

After their panel on how blockchain technology is changing the world of finance and enterprise at Hong Kong FinTech Week 2019, Digital Asset cofounder and CEO Yuval Rooz and R3 CEO David Rutter answered follow-up questions.

As China’s digital currency is said to be “progressing smoothly,” Indonesia is also working on releasing their own white paper this year, according to Indonesian Blockchain Association cofounder Pandu Sastrowardoyo.

Getting blockchain right is hard enough – not to mention building consortium, says Steve Cerveny, founder and CEO of Kaleido, a Consensys Enterprise Business that offers blockchain as a service.

Investment in Chinese blockchain projects reached USD$367.7 million in the first half of 2019. Blockchain Global CEO Sam Lee says Baidu, Alibaba and Tencent have fueled a breadth of tech talent.

There has been a resurgence of AI during the last five to six years.  I use the word resurgence because we have had previous eras when AI was seen as being imminent. Alan Turing devised the eponymous Turing Test in 1950 and brought mainstream attention to the possibility of machines that could think. The Dartmouth […]

Digital Asset aims to provide a uniform developer experience, regardless of the technology you’re using.

Ethereum has amassed a nearly unbeatable network effect, but regulatory compliance is still a major hurdle.

Chinese blockchain companies received a substantial windfall following President Xi Jinping’s bullish support for the development of the technology, and Shanghai-based Neo was one such enterprise. Forkast.News Editor-in-Chief Angie Lau sits down with Da Hongfei, Co-Founder of Neo to find out about the technology and how it will affect various industries in China. Key Highlights […]

Blockchain-related startups have dealt with a fair share of challenges and skepticism, especially throughout a tumultuous year where volatility in cryptocurrencies has shaken people’s confidence in the industry. However, investment in blockchain projects has seen continued growth, and incubators like LongHash have sought to harness that potential. Forkast.News Editor-in-Chief Angie Lau sits down with Emma […]

With Ethereum 2.0’s release just around the corner, co-founder Vitalik Buterin has been busy talking about what to expect from the new system and its use of proof-of-stake validation. Ethereum 2.0 is meant to address a number of issues that the current system has. It is billed as improving scaling, security, and other issues in […]

It may be jarring to consider, but there are currently more slaves in the world now than at any other point in history. According to figures from the United Nations’ International Labour Organization (ILO) and the Walk Free Foundation, there were about 40.3 million people who can be considered modern slaves in 2016. That means […]

As the Managing Director, Global Blockchain Lead at consulting firm Accenture, David Treat spends his days engaging with enterprise leaders across various industries about blockchain, from understanding the topic until implementation. Forkast.News spoke with Treat on the sidelines of OECD Global Blockchain Policy Forum to find out how these conversations play out, and how Treat […]

Catalonian Minister of Digital Technology and Policies Jordi Puigneró talks regulation, popular appeal, and what blockchain can do for a country. As a member of an elected public administration, Puigneró believes that he has the obligation to serve the people. In the case of blockchain, Puigneró expects that the technology will create a new class […]

Ethereum (ETHUSD) continued an ongoing bottoming effort this past week just below the psychologically key 200 whole figure level, trying to position for a more sustainable bounce as hinted by the bottomish weekly and daily RSI, Stochastics and MACD.  Nevertheless, before bulls get excited, most will want to first see ETHUSD reclaim the September high.  […]

Ethereum (ETHUSD) slid this past week back below the psychologically key 200 whole figure level, but remains well positioned for a more sustainable bounce as hinted by the bottomish weekly and daily RSI, Stochastics, and MACD.  Nevertheless, before bulls get excited, most will want to first see ETHUSD reclaim the September high.  Any successful break […]

What is the next big thing? As far as Joseph Lubin, Founder of Consensys, is concerned, we are already experiencing it as you read this. Lubin shares how blockchain is already a killer app, being used globally as a new database technology. He notes cryptocurrency is already enabling cross-border transactions that help facilitate trade and […]

In just one year’s time, it appears that global policymakers and regulators have woken up to blockchain in a serious way. Caroline Malcolm, new in her role as Head of OECD Blockchain Policy Center, shares key highlights from this second global blockchain policy forum held by OECD in Paris, Sept. 12-13, 2019. In this candid […]

Ethereum (ETHUSD) bounced this past week back above the psychologically key 200 whole figure level.  Bulls are beginning to feel emboldened as seen by the bottomish weekly RSI, Stochastics and MACD, but should watch out for a bit more healthy profit-taking in the next day or so as hinted by the drooping daily equivalents.  Further […]

To celebrate the end of 2020, here is a Forkast.News editor favorite from our archives — a story that still rings fresh, true and — in a world now measured in nanoseconds — timeless. What is holding back mainstream adoption? What role do governments need or want to play? The Next Big Thing plenary panel […]

Distributed, Decentralized, Disintermediating While still in its infancy with regards to proven capabilities and real-life adoption, blockchain technology remains one of the looming threats for a lot of traditional business models. Its ability to directly connect third parties which can engage in exchanges of assets, data or sharing of resources, blockchain is seen as a […]

French Finance Minister Bruno Le Maire spoke at the Organization for Economic Co-operation and Development (OECD) Blockchain Policy Forum on September 12, 2019. He offered a spirited defense of French and European technology policies and spoke frankly about the deep difference in values over the regulation challenging French relations with the U.S. and China. In his […]

Key Highlights “[A central bank’s digital currency is] a huge database using the hash function, chain technology. There’s no distributed ledger portal.” “[The People’s Bank of China] have been working on CBDC for about four years now.” “One of the areas where I really think blockchain could help is on trade finance. When I say […]

Listen to the podcast In its genesis, blockchain was designed with the intention of it being a decentralized peer-to-peer network. However, these networks can either require permission by a controlling entity (a private blockchain) or be truly permissionless and everyone can make modifications (a public blockchain). But when it comes to enterprises and businesses, which […]

Key Highlights There is a huge demand [for stablecoins] out there. When we look at the global economy, we’re suffering as a result of the US-China trade wars. The trade fluctuations this year have been defined by this growing tension between the US and China. Stablecoins are something that people inevitably will look at. We’ve […]

Ethereum (ETHUSD) spent this past week just below the psychologically key 200 whole figure level.  Bulls should get reprieve any day though as hinted by the bottomish daily RSI, Stochastics and MACD, and the descending wedge nearing completion (on the daily chart).  The rally could quickly flatten the still slightly downsloping weekly Stochastics.  A decisive […]

Key Highlights Digital currencies on the blockchain can only go global if transactions can be expedited Mass adoption could yield micro-economies, where millions of public businesses could theoretically take off Blockchain technologies are in their infancy, but are projected to yield a 17 trillion-dollar economy when combined with AI and the Internet of Things In […]

Key Highlights Digital currencies on the blockchain can only go global if transactions can be expedited Mass adoption could yield micro-economies, where millions of public businesses could theoretically take off Blockchain technologies are in their infancy, but are projected to yield a 17 trillion-dollar economy when combined with AI and the Internet of Things In […]

The question is not “Public OR private?”: Enterprise reality requires a flexible public AND private context. Old habits die hard. The enterprise sector has been traditionally used to closing themselves off, shielding every bit of information and focusing solely on achieving the organizational optimum. Some companies went to the extreme: Confectionery giant Mars Inc., for […]

Key Highlights “For the blockchain technology itself, there’s universal acceptance. I haven’t come across one government either in person or having read about any that are at all negative about the underlying technology. They are ambivalent about a key application, which is financial cryptocurrencies, because of certain things that have happened over the last two […]

Key Highlights “For the blockchain technology itself, there’s universal acceptance. I haven’t come across one government either in person or having read about any that are at all negative about the underlying technology. They are ambivalent about a key application, which is financial cryptocurrencies, because of certain things that have happened over the last two […]

Key Highlights From a regulatory standpoint, there is ample reason for governments and institutions to be interested in the cryptosphere. Giles Ward references how it stands to pose “investor protection and market integrity risks.” Marius Jurgilas, Board Member of the Bank of Lithuania, thinks about the potential for blockchain technology to be used in the […]

Ethereum (ETHUSD) is under growing pressure as it enters a new week, and is arguably breaking upchannel support (on the daily chart).  Bulls should not rule out a deeper slide further below daily chart upchannel support (as hinted by the weekly Stochastics turning down from overbought levels).  A deeper reversal will likely find initial support […]

Taiwan faces an existential threat. It is a nation that is dependent on exports, but like other developed nations, recognizes that in order to survive, it needs to champion high-technology industries as labor-intensive industries leave for nations with cheaper workforces like Vietnam or China. Could blockchain and cryptocurrency be part of the answer? Jason Hsu […]

Taiwan faces an existential threat. It is a nation that is dependent on exports, but like other developed nations, recognizes that in order to survive, it needs to champion high-technology industries as labor-intensive industries leave for nations with cheaper workforces like Vietnam or China. Could blockchain and cryptocurrency be part of the answer? Jason Hsu […]

Is Asia gaining ground in the technology race? Edith Yeung, advisor at 500 Startups, partner at Proof of Capital, and author of “China Internet Report” (link to new 2019 report below) shares why Asia is the place to be for blockchain adoption. For a VC who spends half her time in Silicon Valley, she recognizes […]

Ethereum (ETHUSD) is under pressure as it enters a new week, and currently testing upchannel support (on the daily chart). Bulls should be prepared for a potential break below daily chart upchannel support, where a deeper reversal will likely find initial support at the 38.2% Fib retrace of the May-June bounce.  Note that the two […]

In a candid conversation, Co-Founder and CEO of BitMEX Arthur Hayes defends why BitMEX is set up in Seychelles, the promise of blockchain for everyone, why ICOs are not a problem, and why his industry is not a “scam.” This self-proclaimed “economics-history nerd” and former Deutsche Bank banker, who joined then lost his job at […]

Key Highlights Hashgraph is an alternative to blockchain Hashgraph optimizes both security and performance In lieu of being open-source, Hashgraph aims to bring stability to its platform Hedera Hashgraph’s cryptocurrency is called HBAR Fundraised $100M at a $6B valuation Hedera Hashgraph has proposed a new regulatory language Hedera Hashgraph will devote capital from the fundraise […]

Ethereum (ETHUSD) continues consolidating just below the psychologically key 250 level after a torrid H119 bounce.  Significantly, although ETHUSD remains positioned to resume pushing higher later this month, ETHUSD appears to be vulnerable to more profittaking this week as it tests upchannel support (on the weekly chart).  Note that the two breaks below upchannel support […]

Key Highlights Open-sourced platforms face bottlenecks In a truly decentralized community where there is no direction or leading voice, it can be difficult to gain consensus and make progress; establishing governance for a more disciplined and coordinated team can quicken decision-making and maintain quality Creating a bridge between centralized and open-source blockchain is a critical […]

Key Highlights Cardano is now looking at Vietnam, Cambodia, Malaysia, and Indonesia for expansion Hoskinson is thinking about Samsung S10, digital identity, and how to manage a public-private key pair for cryptocurrency Listen to the full podcast version of this interview Transcript of Part V At Cardano, you’re moving towards shaping that part of the […]

How the race to get billions of users onto blockchain has this mathematician thinking about the future of work. Could decentralization be the one thing that actually binds us together. Charles Hoskinson sits down with Angie Lau, in Hong Kong a week after Hong Kong Blockchain Week and shares his vision of how 2019 will […]