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Industries and Blockchain 2017

The first Blockchain system-Bitcoin-saw astronomical returns of over 1,300 percent in 2017. As we progressed through 2017, Blockchain technologies became hard to ignore and more of the corporate world took an interest in Blockchain technologies. In 2017, the NYSE filed for two Bitcoin ETFs with the SEC, the CBOE became the …

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Blockchain Radically Changes the State-Individual Relationship, Says UK Think Tank

A recent report by Reform, an independent think tank in the UK, recommends that the UK government use Blockchain technology to manage the personal data of its citizens. One of the opening statements of the report reads: “Government should use Blockchain technology to make identity management more secure and efficient.” According to the report, a …

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Securing the Internet-of-Things with Blockchain

In the past few years, developments in technology have brought us closer to the hyper-connected world that futurologists imagined in the 1950s. Self-driving cars, computers that can converse in real-time and hyperloop transportation are among the developments that will shape our future beyond what we thought possible. Of all the …

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Digital Currencies vs. Cryptocurrencies, Explained

1. What are digital currencies? Digital currencies are money used on the Internet. Digital money exists only in the digital form. It doesn’t have any physical equivalent in the real world. Nevertheless, it has all the characteristics of traditional money. Just as classic fiat money, you can obtain, transfer or exchange …

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CFTC Chairman: Cryptocurrencies Are ‘Unlike Any Commodity’ We’ve Seen

Сryptocurrencies are one of the most challenging asset classes for the Commodity Futures Trading Commission (CFTC), according to a statement by Chairman J. Christopher Giancarlo. He also warned potential investors about the risks associated with cryptocurrencies and Initial Coin Offerings (ICOs). Notable partnership The chairman of the CFTC highly commended his Securities and Exchange …

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