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2018: The Year #Blockchain and Artificial Intelligence #AI Converge $IDK.ca $SX.ca $SXOOF #Blockstation $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 10:14 AM on Friday, January 12th, 2018
  • Blockchain technology, which powers most cryptocurrencies, is in nascent stages
  • This past year, we started seeing some early proof points of how this new infrastructure can be used,
  • Including the announcement by the Australian Securities Exchange that it would replace its current post-trade settlement process with a blockchain system, after running both concurrently.
Jan 12, 2018 at 09:14 UTC

Jalak Jobanputra is founder and managing partner of Future\Perfect Ventures, an early-stage venture fund investing in decentralization and digital assets.

The following article is an exclusive contribution to CoinDesk’s 2017 in Review.

2017 was the year that cryptocurrency became mainstream.

But what’s even more exciting to many of us who have been investing in the sector for the past several years is the development of the underlying technology.

Blockchain technology, which powers most cryptocurrencies, is in nascent stages. This past year, we started seeing some early proof points of how this new infrastructure can be used, including the announcement by the Australian Securities Exchange that it would replace its current post-trade settlement process with a blockchain system, after running both concurrently.

This reminds me of the process large enterprises went through in the late 1990s and early 2000s as they moved from client-server software to web-based software, transitioning their supply chain and procurement processes online. They conducted extensive return on investment (ROI) studies to justify the upfront cost of replacing current systems. Twenty years later, the ROI is obvious, but many companies viewed the risk as significant at the time.

I believe we’ll continue to see more companies across more industries in 2018 take a look at how blockchain technology can create efficiencies (and potentially new business models in the future).

When I launched Future\Perfect Ventures in 2014 around the thesis of decentralization, I was most excited about the combination of blockchain with other emerging technologies, including machine learning/AI, security and internet of things. In this way, I expect 2018 will be the year that we start to see the convergence of these technologies to truly create the decentralized computing and communications platforms of the future.

Decentralization, by its very nature, requires that more intelligence shifts to nodes instead of residing in one central server.

We will continue to see the development of semiconductors that are capable of advanced computing in smaller and smaller devices. As devices at the edge become smarter, the smart contracts enabled by blockchain platforms will work better with more advanced data analytics capabilities.

I see a mini-brain in each of our devices, ranging from simplistic ones to ones capable of processing larger datasets and making decisions based on that data.

The open availability of more data and smarter processing at the nodes will enable broader datasets available to more companies and people, instead of proprietary data ownership that currently exists within companies such as Facebook and Google. More importantly, that data will be diverse and representative of the world we live in, instead of being filtered by a few companies that reside in one geography.

While this may not all happen within the next year, we have started an inevitable march towards that future, one that will be even more transformative than the internet was.

Weaving machine via Shutterstock

The leader in blockchain news, CoinDesk strives to offer an open platform for dialogue and discussion on all things blockchain by encouraging contributed articles. As such, the opinions expressed in this article are the author’s own and do not necessarily reflect the view of CoinDesk.

For more details on how you can submit an opinion or analysis article, view our Editorial Collaboration Guide or email news@coindesk.com.

Source: https://www.coindesk.com/2018-year-blockchain-ai-iot-converge/

ThreeD Capital Inc. $IDK.ca Refines its Verticals with a Hard Focus on #Blockchain Themed Technologies #Blockstation

Posted by AGORACOM-JC at 9:19 AM on Thursday, October 26th, 2017

Threed capital

  • Focused on opportunistic investments in companies mainly in the junior resources, blockchain and artificial intelligence sectors
  • Focused on three main verticals for targeted investments;
    • Will pursue a diversified portfolio of resource investments
    • Artificial Intelligence vertical will focus on disruptive data science technologies
    • Third vertical will focus on Blockchain Assets

TORONTO, Oct. 26, 2017  — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) is a Canadian-based venture capital firm focused on opportunistic investments in companies mainly in the junior resources, blockchain and artificial intelligence sectors.

Currently, the Company is focused on three main verticals for targeted investments.

The Company’s Resource Incubation vertical will pursue a diversified portfolio of resource investments with an emphasis on the precious-metal and battery-metal sectors. ThreeD is focused on investing in district scale plays with high optionality and maximum exposure to rising markets.

The Company’s Artificial Intelligence (“A.I.”) vertical will focus on disruptive data science technologies. Machine Learning and Neuro Networks have been at the forefront of value creation in many industries. ThreeD believes that it is necessary to have exposure to companies pioneering A.I./Machine Learning technologies into new sectors.

The Company’s third vertical will focus on Blockchain Assets. As previously announced on October 16, 2017, the Company formed an initial advisor group of outside consultants to help with due diligence and deal flow relating to potential Blockchain Investments.  In this regard, the Company has incorporated a wholly owned subsidiary named Blockamoto.io Corp (which name pays tribute to the inventor of blockchain, Satoshi Nakamoto).  Blockamoto.io Corp will build a diverse portfolio of global Blockchain assets.

These three verticals represent standalone unique value propositions and the Company may look at unlocking value as evolution occurs.

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources, Artificial Intelligence and Blockchain sectors.

ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services, mentoring and access to the Company’s network in order to earn increases to the Company’s equity stake.

For further information: Gerry Feldman, CPA, CA Chief Financial Officer and Corporate Secretary
Feldman@threedcap.com Phone: 416-606-7655

The #Esports Industry Is Booming — Can #Blockchain Supercharge It? #Blockstation $GMBL

Posted by AGORACOM-JC at 10:11 AM on Wednesday, October 25th, 2017
  • Multi-player gaming is the king of esports and there is a belief that the blockchain can be a big benefit to its continued growth
  • video gaming industry is currently undergoing some major developments as big players are posting massive growth, with the likes of Activision BlizzardATVI +2.16%, Take-Two Interactive, and Electronic ArtsEA -0.15% (EA)

Darren Heitner , Contributor

I cover the intersection of sports and money. Opinions expressed by Forbes Contributors are their own.

Multi-player gaming is the king of esports and there is a belief that the blockchain can be a big benefit to its continued growth. Photographer: Patrick T. Fallon/Bloomberg

The video gaming industry is currently undergoing some major developments as big players are posting massive growth, with the likes of Activision BlizzardATVI +2.16%, Take-Two Interactive, and Electronic ArtsEA -0.15% (EA) posting year-to-date gains as of Oct. 13 of 70%, 112% and 51% respectively. The growth has been partly driven by the recent and upcoming releases of AAA game franchises.

Aside from big budget titles, the esports scene can be credited for much of the traction driving the industry forward. The idea of creating professional leagues out of popular multiplayer titles is catching on. Just this month, the NBA’s Cleveland Cavaliers and Golden State Warriors announced their entry into esports. They join the New York Yankees among the North American sports franchises that are buying into the growing esports scene.

Established professional sports franchises, especially soccer franchises in Europe, have been involved and invested in esports for a while now thanks to the popularity of EA Sports’ massive FIFA franchise. The emergence of other esports leagues catering to multiplayer games such as Valve’s Dota 2, Riot’s League of Legends and Blizzards’s Overwatch are also encouraging more franchises to participate.

 

This fusion of traditional sports and esports creates huge potential to usher in a new level of events, sponsorship, merchandise sales and betting into video games.

What makes all of this even more exciting is the introduction of blockchain into gaming. The technology that drives cryptocurrencies like Bitcoin is now finding applications in the esports ecosystem.

There are several ways new blockchain ventures like Esports.com (a decentralized, blockchain-based esports community) or Network Units (a blockchain-controlled multiplayer infrastructure and integration that can turn any game into an esport) are bringing blockchain and esports together.

Ending Gamer Community Toxicity

The growth of a multiplayer game and its viability for esports depends heavily on the community. A key problem for most gaming communities is toxicity. Toxic communities are filled with members who behave negatively often characterized by abusing other members, exploiting the system and cheating. For instance, the Overwatch development team announced that it is working on measures to come down hard on toxicity after receiving complaints from its community.

Managing a multiplayer game community has its challenges. For developers, sustaining a game requires a stable infrastructure that has enough capacity to handle all transactions. It also needs transparent and fair ways to handle player conduct and reputation. As a decentralized and transparent technology, blockchain offers plenty of potential for such use.

“Gamers expect a fair match and a good challenge,” says Network Units CEO Dan Shirazi. “Sadly, most of them aren’t getting it. Cheating or broken matchmaking mechanics ruin entire gaming communities. Gamers become demotivated, stop spending on content and the full economic potential of the game is missed.”

Network Units is an online gaming platform with a built-in player reputation management. It provides decentralized and scalable computing resources to augment developers’ infrastructure and mechanisms to mitigate cheating, downtime, and costly maintenance that developers often face when using traditional means.

Network Units is also creating its own NU token cryptocurrency that will drive the economy of its decentralized multiplayer infrastructure. Using the platform, game developers can avail of resources to host their multiplayer games. Other users may contribute to the platform as service providers by renting out spare hardware and bandwidth. Players may also serve as active clients who can participate in the verification process and, by doing so, earn tokens which they then are able to use for in-game purchases.

Community Involvement and Professional Development

Gaming communities also rely on continued buzz to sustain player interest. This mainly comes from community generated content. YouTube has since been filled with gaming footage and commentaries revolving around popular multiplayer games. Streaming platform Twitch continues to experience monumental growth. In order to develop its user base, Twitch recently announced that the company is working on new tools for gamers to monetize their streams.

Esports.com is also working on its own blockchain-based platform to meet the various needs of esports enthusiasts. The platform aims to offer merchandise, licensed betting and esports education to its users. Its education arm, dubbed Esports University, seeks to encourage gamers to become esports professionals. Users are encouraged to create guides and video tutorials to help other gamers improve their skills.

To manage the platform, Esports.com will be using blockchain to power its Esports Reward Token (ERT). Contributors of high quality content will be rewarded with ERTs which may then be used to avail of the other services within the platform. Token holders will also be able to exchange their ERTs to fiat currencies of their choice.

“Blockchain and cryptocurrency allow the decentralization of the esports world. From content creation to participation we see many solutions emerging. One major factor behind this is that users can follow and see every transaction on the blockchain, which makes everything trustworthy and openly visible for anyone. This helps not only us, but the whole industry to become more professional and grow,” said Esports.com co-founder Benjamin Föckersperger.

Indeed, blockchain’s transparency could also help in restricting access to the betting functionality to prevent underage users and those with gambling problems from accessing these services.

Evolving the Ecosystem

This growing draw of esports is prompting developers to give focus to multiplayer gaming. There is much potential in games that eventually become the focus of esports leagues. The substantial market of gamers worldwide offers lucrative opportunities for established sports franchises and brands, and encourages their increased participation in esports.

For esports to succeed; however, the state of gaming communities must improve. Issues such as toxicity and low community involvement must be addressed. Fortunately, developments in technologies such as blockchain could be offering the necessary solutions to improve game services, curb toxicity and encourage participation through rewards. These new mechanisms should help the continued growth of esports.

Darren Heitner is the Founder of South Florida-based HEITNER LEGAL, P.L.L.C. and Sports Agent Blog. He authored the book, How to Play the Game: What Every Sports Attorney Needs to Know.

Follow @DarrenHeitner

Source: https://www.forbes.com/sites/darrenheitner/2017/10/24/the-esports-industry-is-booming-can-blockchain-supercharge-it/#1b710b917868

Invested in Hive Blockchain Technologies $HIVE.ca ? Check out Blockstation, The FIRST Exchange For #Blockchain Tokens #Bitcoin

Posted by AGORACOM-JC at 4:34 PM on Tuesday, October 24th, 2017

Blockstation large

The World’s First Exchange For Blockchain Tokens

  • At the forefront of research, development and commercialization of an enterprise grade, direct market access platform for Blockchain Tokens like Bitcoin.
  • Technology facilitates on-line electronic trading and delivery of live streaming allowing Blockchain Tokens to be accessed by traditional financial institutions and on-line retail trading platforms
  • Safe. Secure. Compliant. Global.
  • Going Public Soon. Follow the company on AGORACOM today.