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Facebook has finally revealed the details of its cryptocurrency, Libra, which will facilitate purchases or to send money to people with nearly zero fees. You’ll pseudonymously buy or cash out at your Libra online or at local exchange points like grocery stores, and spend it using interoperable third-party wallet apps or Facebook’s own Calibra wallet. This will be built into WhatsApp, Messenger and Facebook’s own app. Facebook has released its own white paper explaining Libra and its testnet for working out the kinks of its blockchain...

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Have you got a hold on all the crypto jargon? How about ‘hodl’ or spreading ‘FUD’?The crypto space, like any industry has its own jargon so we thought we would find a guide to get you all over the acronyms and talking the talk. Below our friends at MintDice have created a deep dive into the main crypto terminology. Enjoy! FUD:  This is an acronym that stands for ‘Fear, uncertainty, and doubt.’ Many people in...

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Looking beyond the hype, many of us have asked ourselves how, and if, blockchain is being used in real world applications. Below Eric Olszewski, who has experience with multiple blockchain projects, delves into what’s happening in the industry and his views on the usage of blockchain by enterprises. Usage of Public Blockchains The only solutions which I have implemented that used a public blockchain in production involved the anchoring of data into the Bitcoin blockchain....

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Since the emergence of Bitcoin, loss due to theft has surpassed $1 billion. Cybersecurity’s real issues lies in the systems that have been created around the technology, such as cryptocurrency exchanges, wallets, custodians, security companies and ICO platforms, as opposed to the underlying blockchain structure. Exchange hacks have been the greatest threat to crypto security because when they occur, multiple wallets in the network are affected. Since the first digital currency exchange hack exposed the vulnerabilities of cryptocurrency transactions...

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The blockchain/crypto ecosystem has gone through many ups and downs and the future is still very much unknown. What we do know is that as a new technology, it seems that nothing is ever set in stone or yet really fully understood. Below we quickly revisit the Bitcoin/blockchain timeline and explore what we could expect in the coming years. Where we’ve come from Bitcoin Emerges (Jan ‘09) Bitcoin launches in Jan 2009. Initially, awareness is limited to...

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Cryptocurrency may be a challenging topic to learn about due to technical terms. It can also be time consuming to keep up with all the news and channels that talk about crypto and blockchain. Well it seems that the increasing popularity of podcasts reached the universe of crypto. Want to learn about digital currencies, their trade secrets, or just keep up with events in the ecosystem? Below our friends at MintDice share the top 5 cryptocurrency podcasts...

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Amazon shareholders have voted down proposals of the company’s controversial facial recognition tool (Rekognition) and want to limit its carbon output over environmental concerns. The vote came in the wake of the tool having biases such as under-performs at identifying darker-skinned individuals and women, according to some researchers. In an MIT study, when identifying white men, the tool performed with 100% accuracy, but that accuracy dropped dramatically when identifying women of color, to 69%. An...

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There is no denying it or turning back – Artificial Intelligence is becoming deeply rooted in our everyday lives. More than many even realise. There are many experts that have concerns that a future conducted by AI could actually be beyond our control and cause harm. What do you think? Read what some of the experts are saying. What if AI advances to the point where its creators can no longer control it? How might...

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Previously in Tokenization 101, we did a deep dived into tokenization, how it works and shared a few examples. Before tokenization becomes mainstream there are some challenges that need to be overcome. Below are some of the present challenges and how a tokenized future could look like. What are the challenges associated with Tokenization? 1. Lack of Tokenization standards and legal infrastructure Tokenization is not simply the creation of a token — any Solidity developer can do it....

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Here is a great example where healthcare could potentially be improved through crypto. I think that is worth reading more… AICoin, a tokenised group that uses profits from cryptocurrency trading to take equity stakes in early-stage AI companies, has just completed its first investment in Sevamob Ventures USA Inc. AICoin, through Tessier-Ashpool PTE Ltd. is the lead investor in this $2,000,000 funding round and will acquire a board seat at Sevamob. Other participants in the round include Sorenson Impact Foundation, Impact...