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St-Georges $SX SX.ca $SXOOF Retains Gravitas Securities Inc. as Strategic Financial Advisors #ZeU

Posted by AGORACOM-JC at 9:02 AM on Tuesday, March 20th, 2018

Sx large

  • Retained services of Gravitas Securities Inc. to act as financial advisors to St-Georges and its related entities
  • Gravitas will be tasked with assisting ZeU Crypto Networks Inc.
  • Currently in the process of acquiring all the intellectual properties of Tiande, a developer of permission-based blockchain protocol with BigData connectivity

Montreal / March 20, 2018 – St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to announce that it has retained the services of Gravitas Securities Inc. to act as financial advisors to St-Georges and its related entities.

Gravitas will be tasked with assisting ZeU Crypto Networks Inc., St-Georges wholly-owned subsidiary, which is currently in the process of acquiring all the intellectual properties of Tiande, a developer of permission-based blockchain protocol with BigData connectivity. Gravitas will provide a number of services to ZeU including providing capital markets intelligence & guidance, financial & operational analysis of the company, and recommendations on capital requirements and strategic business decisions.

“With its contingent of Sino-Canadian personnel able to review our technology and business legal documentation in mandarin and the positive approach of the firm toward disruptive blockchain technologies, Gravitas is an excellent match for us. Their involvement should help us accelerate our financing effort with other securities firms and institutional investors. We also welcome their expertise to assist us for any corporate actions that might be undertaken in the coming months by the company” commented ZeU President Frank Dumas.

About Gravitas

Gravitas Securities is a leading wealth management and capital markets firm comprised of tactical individuals known for their sophisticated sector expertise, commitment to excellence, and a global platform committed to integration and innovation. Gravitas provides a wide range of investment services for retail and corporate clients globally with offices in Toronto and Vancouver, and is represented in the United States through its FINRA representative, Gravitas Capital International, in New York.

Gravitas Securities Inc. is a member of IIROC and CIPF.

ZeU Crypto Networks welcomes Lord Razzall as a director of the corporation

ZeU is pleased to welcome Lord Edward Timothy Razzall on its board of directors. Lord Razzall is a member of the British Parliament’ House of Lords and a Commander of the British Empire (CBE). Baron Razzall has been co-chair of the Liberal Democrat Parliamentary Committee on Business, Innovation and Science. He has over 35 years’ corporate finance experience and has developed a reputation for his expertise in multinational and cross border transactions. He was until recently the Liberal Democrat spokesman on Trade and industry and he’s now the Lords spokesman for manufacturing. He is currently Co-Chair of the Liberal Democrat Parliamentary Party Committee on Business, Innovation and Skills. Lord Razzall studied at Oxford University and qualified as a solicitor in 1969. ZeU expect to leverage Tim’s experience and interest in regulations, governance, monetary policies, intellectual property and corporate finance to its advantage.

ON BEHALF OF THE BOARD OF DIRECTORS

“Frank Dumas”

FRANK DUMAS, PRESIDENT & CEO

About St-Georges

St-Georges is developing new technologies to solve the some of the most common environmental problems in the mining industry.

The Company controls directly or indirectly, through rights of first refusal, all of the active mineral tenures in Iceland. It also explores for nickel on the Julie Nickel Project & for industrial minerals on Quebec’s North Shore and for lithium and rare metals in Northern Quebec and in the Abitibi region. Headquartered in Montreal, St-Georges’ stock is listed on the CSE under the symbol SX, on the US OTC under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1.

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

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US Congress Releases Extraordinary Report Praising #Cryptocurrency and #Blockchain Technology $SX.ca $SX $SXOOF $AAO #ZeU

Posted by AGORACOM-JC at 5:12 PM on Monday, March 19th, 2018

  • US Congress just released its massive joint report on the state of the economy
  • Entire chapter dedicated to cryptocurrency
  • Even more extraordinary are the number of bullish sentiments on the future of the emerging technology

Here’s a look at some of the most interesting aspects of the new report:

Blockchain Looks Like the New Internet

“The buzz surrounding digital currencies resembles the internet excitement in the late 1990s when people recognized technology companies could change the world. Many internet companies launched and their valuations took off in short order. Many failed, but a few succeeded spectacularly and challenged the conventional ways of doing business.”

Cryptocurrencies Could Outshine Government Fiat

“Some critics of currencies controlled by government fiat welcome cryptocurrencies because their supply is preprogrammed and perceived as unchangeable. For example, only 21 million bitcoins will ever be issued and the last fraction of a bitcoin will be issued in approximately 2140. Additionally, the creator of Ethereum designed its mining reward to decline exponentially as more miners create blocks, and according to his calculations the supply will be just over 100 million ether.”

Blockchain Is Secure and Efficient

“Cryptocurrencies and ICOs create headlines, and the pace of financial innovation in the blockchain space amazes skeptics. Yet, with all the headlines focusing on the financial applications, people may miss the digital revolution now happening with other blockchain applications. Even worse, people could be frightened about new developments with the technology as they associate blockchains with the negative headlines. Blockchain technology offers a decentralized, secure, and efficient way to store almost any form of data across multiple platforms.”

Blockchain May Transform Many Industries

“Developers, companies, and governments recognize the potential and have already starting to implement blockchains for many different uses. For instance, health care providers, patients, and policymakers continue searching for portable and secure ways to store medical records digitally.

From applications ranging from management of the electrical grid and utilities to how companies manage global supply chains, the potential for blockchain is truly revolutionary. For example, power plants could record the electricity they generate on a blockchain as available for purchase. Utilities could then purchase the power, and the blockchain would record the purchase and the transfer. Finally, the meters of end users would communicate with the utility to purchase portions of the power. These steps occur now but using a distributed ledger would streamline and speed up delivery, lowering costs and saving power.

Blockchains could also enable microgrids from local power sources. The company LO3 Energy currently runs a pilot program for trading power from solar panels on Brooklyn roofs. Smart meters throughout the neighborhood would buy and sell power generated from these alternative sources as it enters the grid. With these developments and countless possibilities, it is no surprise that governments around the world started working with energy providers to explore blockchain’s use. Even the Department of Energy partnered with BlockCypher to demonstrate how blockchains could facilitate a smarter energy grid.

Shipping a product from a supplier to retail creates mountains of paperwork or computer records that are rarely compatible across differing systems, especially a when distributor acts as a middleman between the two. The paperwork and data tracking multiplies when sending said product overseas or importing. Not only will multiple parties need to ship the product, but the supplier and customer will have to deal with customs agency paper work. Recognizing blockchain’s potential, IBM teamed up with the 214 world’s largest shipping company, Maersk, to develop a consensus distributed ledger that would allow all companies and government agencies along the chain to record, track, and verify products throughout their journey.

Walmart and other grocers started testing blockchains for their supply chains. In testimony before the House Science and Technology Committee, Frank Yiannas, Walmart’s Vice President of Food Safety, described how tracking E. coli and other contaminated food took companies and regulators weeks, which left Americans at risk and incurring large costs in food waste. Walmart tested a blockchain platform to track sliced mangos from farm to shelves and reduced the tracking time from 7 days to 2.2 seconds. Walmart and ten of the largest grocers in America formed a coalition to implement this technology throughout their supply chains.”

The Conclusion

“Technology presents evolving challenges and generates new solutions. Blockchain technology essentially stores and transmits data securely, in large volume, and at high speeds. So far, the technology has proved largely resistant to hacking, and given this feature, developers first applied it to digital currencies. Yet blockchain has many more potential applications, such as portable medical records and securing the critical financial and energy infrastructure that the Report identified.”

Overall Recommendations from the Report:

  • Policymakers and the public should become more familiar with digital currencies and other uses of blockchain technology, which have a wide range of applications in the future.
  • Regulators should continue to coordinate among each other to guarantee coherent policy frameworks, definitions, and jurisdiction.
  • Policymakers, regulators, and entrepreneurs should continue to work together to ensure developers can deploy these new blockchain technologies quickly and in a manner that protects Americans from fraud, theft, and abuse, while ensuring compliance with relevant regulations.
  • Government agencies at all levels should consider and examine new uses for this technology that could make the government more efficient in performing its functions.

The Negatives

Of course, the report issues a number of cautions as well, including the risks involved in investing in Initial Coin Offerings and the volatile world of crypto.

“At this point, many prominent economists do not believe cryptocurrencies fit the standard definition of money. Former Federal Reserve Chair Janet Yellen considered Bitcoin a “highly speculative asset” that is not considered legal tender. Bitcoin itself has technical and economic limitations that hinder its use as a medium of exchange. Transaction processing time and fees on the Bitcoin network keep increasing and render Bitcoin uneconomical for common purchases.

Extreme volatility in the dollar price of cryptocurrencies also impairs their use as money because people price goods and services in dollars and thus their purchasing power fluctuates wildly.”

You can check out the full report here.

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The Future Of #Cryptocurrencies And #Blockchain Take Center Stage At #southsouthwest 2018 $SX $SX.ca $SXOOF $IDK.ca

Posted by AGORACOM-JC at 11:40 AM on Monday, March 19th, 2018
  • Cryptocurrency and blockchain technology took center stage at South By Southwest this year
  • Conference organizers publically announced at the end of last year that a “new addition” for the 2018 SXSW lineup would include a series of sessions on blockchain, the technology that powers cryptocurrencies like Bitcoin
  • Venues with names like “Initial Taco Offering” and “The Blokhaus” lined the streets of downtown Austin, hosting events daily with well-known individuals in the cryptocurrency and blockchain space

Rachel Wolfson , Contributor

I write about crypto, women in crypto and blockchain technology.

Not surprisingly, cryptocurrency and blockchain technology took center stage at South By Southwest (SXSW) this year. The conference organizers publically announced at the end of last year that a “new addition” for the 2018 SXSW lineup would include a series of sessions on blockchain, the technology that powers cryptocurrencies like Bitcoin.

Venues with names like “Initial Taco Offering” and “The Blokhaus” lined the streets of downtown Austin, hosting events daily with well-known individuals in the cryptocurrency and blockchain space.

Kicking Off SXSW With Ethereum Co-Founder, Joseph Lubin

On Friday of last week, the SXSW festival kicked off with a panel entitled, “Why Ethereum is Going to Change The World,” featuring Ethereum co-founder, Joseph Lubin. During the session, Lubin explained how he became interested in blockchain technology and his involvement in the Ethereum Project. He also revealed his plans for his blockchain software technology company, ConsenSys.

AUSTIN, TX – MARCH 09: Laura Shin and Joseph Lubin speak onstage at Why Etherium is Going to Change the World during SXSW at Austin Convention Center on March 9, 2018 in Austin, Texas. (Photo by Mike Jordan/Getty Images for SXSW)

 

Lubin explained that when Bitcoin was first invented by Satoshi Nakamoto in 2009, two other creations followed. First and foremost, Bitcoin led to the creation of blockchain technology, described by Lubin as, “a trustworthy database system, which is a shared infrastructure consisting of trusted actors.” And Blockchain technology, eventually led to what Lubin refers to as, “crypto economics,” which has made it possible to create more things based on blockchain technology.

Crypto economics is a way of doing incentivized mechanism design to enable many actors to contribute their resources to validating transactions and securing that network,” Lubin said. “This is the first time in history where we’ve seen a money system built in a fully decentralized way that is essentially of the people, by the people, and for the people.

Following the creation of Bitcoin and the rise of blockchain technology, Lubin explained that Ethereum was created by Vitalik Buterin in 2013 as a vision for a system that is scalable in terms of human action and as a general platform for decentralized applications. Lubin got involved with Ethereum due to its many use cases, which he mentioned can be applied to various industries including the health sector, supply chain management and even content creation.

The many ways in which Ethereum can be used has led Lubin to create a content platform on the Ethereum network, called Ujo Music. In a nutshell, the Ujo platform allows artists to register themselves as individuals and upload their content to the network with usage policies attached to that content – without having to go through any third party.

“The beauty of this in contrast to the existing music industry is that it shrinks the role of the intermediary. Intermediaries in the music industry, for example, usually extract 70-80% of value flow in the industry and delay payments for artists. Our platform allows consumers to support artists instantly and ensures that artists get paid immediately for their work,” Lubin said during the panel.”

READ FULL ARTICLE HERE: https://www.forbes.com/sites/rachelwolfson/2018/03/18/the-future-of-cryptocurrencies-and-blockchain-take-center-stage-at-south-by-southwest-2018/#717901f135e3

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Don’t Confuse #Bitcoin With #Blockchain Technology $SX $SX.ca $SXOOF $IDK.ca $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 3:15 PM on Wednesday, March 14th, 2018

Mat Litalien | March 14, 2018 | More on: HBLK HIVE

  • Bitcoin and blockchain technology are often incorrectly used interchangeably.
  • Although the Bitcoin and blockchain are closely related, it is important to note that they are not one and the same

As an example, take this headline from Cointelegraph: “Goldman Sachs Will Start Bank Money ‘Stampede’ Into Bitcoin: Ritholtz CEO”. At first glance, an investor could be tricked into thing that Goldman Sachs is about to get into Bitcoin, when in effect, the quote from Wealth Management CEO Josh Brown does not even mention Bitcoin.

Likewise, Jamie Dimon, CEO of JP Morgan, has been criticized for calling Bitcoin a “fraud.” However, did you know that JP Morgan is actively engaged in developing blockchain technology?

Although the Bitcoin and blockchain are closely related, it is important to note that they are not one and the same.

Let’s start with Bitcoin. Bitcoin was the first and the best-known unregulated cryptocurrency. Bitcoin is the cryptocurrency for which blockchain was invented. Therein lies why the confusion between the two exists. Bitcoin is a medium of exchange, like the Canadian dollar, intended to simplify transactions and eliminate the need for third-party payment processing such as banks and PayPal.

Bitcoin, like other cryptocurrencies, is digital and is considered to have no intrinsic value. It is unregulated in the sense that its supply is not determined by a central bank. Bitcoin is not a file saved on a computer. It is represented by transactions recorded on a peer-to-peer network. Bitcoin can be used to purchase goods and services where accepted.

Blockchain is the technology on which Bitcoin was built and goes far and beyond cryptocurrencies. It is anonymous, distributed, public, and encrypted. Blockchain maintains the Bitcoin transaction ledger. There are thousands of blockchains that exist, all influenced by the original Bitcoin blockchain.

The attractiveness of blockchain technology is easy to understand. Because it is distributed, there is no central database, and it runs on computers worldwide, which makes it very difficult to hack. It is public, which means that anyone can view it any time, offering an unprecedented level of transparency. It also makes use of two-key encryption, which enables unmatched virtual security.

Businesses have come to learn that blockchain technology can be adapted for use in many other areas. Specifically, many companies are investigating the use of blockchain to improve and speed up business processes. It can lead to cheaper and faster financial settlements that could save companies billions in transaction costs. It can transform the way governments are elected by producing immediately verifiable voting results. Canada has long struggled with a true electronic patient medical record due to the significant privacy regulations. Could an electronic medical record built on blockchain technology be the answer? What about solving the corruption surrounding foreign aid? Blockchain can hold organizations more accountable through increased transparency.

Investors wanting to invest in blockchain technology can do so by taking a position in Harvest Portfolio’s Blockchain Technologies ETF (TSX:HBLK). The ETF was only recently launched in February and will invest in companies that are leading the blockchain revolution. Its holdings include development companies such as HIVE Blockchain Technologies Ltd. (TSXV:HIVE), Overstock.com Inc., BTL Group Ltd., and BIG Blockchain Intelligence Group Inc. Likewise, it has stakes in some of the larger players in the tech industry who have shown a keen interest in blockchain technology, such as Intel Corporation, Microsoft Corporation, and Visa Inc.

The applications for blockchain technology are endless. Bitcoin has been revolutionary and continues to be the most widely accepted form of cryptocurrency. However, investors need to understand that if a company is invested in blockchain technology, it does not equate to Bitcoin. They can be investigating the use of blockchain for several possible reasons. There exists a significant knowledge gap between the public and blockchain technology. As an investor, you need to be extra vigilant and understand what you are investing in.

While conflict overseas is all media talking-heads seem to mention these days, the billionaire founder of Tesla is losing sleep over what he sees as a far bigger threat.

Elon Musk Warns: This has “vastly more risk than North Korea”

If you missed your opportunity to get in on Google, Microsoft, or Amazon in their early days, don’t let it happen again. This emerging technology trend could offer a second chance for anyone who wishes they took part in these millionaire-maker stocks.

Source: https://www.fool.ca/2018/03/14/dont-confuse-bitcoin-with-blockchain-technology/

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Eight Ways #Blockchain Will Impact The World Beyond #Cryptocurrency $SX $SX.ca $SXOOF $IDK.ca #Blockstation

Posted by AGORACOM-JC at 1:29 PM on Friday, March 9th, 2018
  • From banking and secure communications to healthcare and ride-sharing, blockchain will have a huge impact on our future
  • Of course, to understand how blockchain will change the world, you first need to understand how it works

Kage Spatz is a Strategist, Entrepreneur & CEO at Spacetwin — an innovative digital marketing and monetization agency.

From banking and secure communications to healthcare and ride-sharing, blockchain will have a huge impact on our future. Of course, to understand how blockchain will change the world, you first need to understand how it works.

Have you ever purchased coffee or produce that is labeled as a fair trade product? How can you trust that information? What about when you meet someone on a dating website? How do you know they’re really the 35-year-old startup founder and wakeboarder that they say they are?

Society today is filled with uncertainty and trust issues — and with valid reason. To be sure your purchase is really helping a coffee bean farmer in Ethiopia or that your date is actually who they say they are, you’d need a system with strong security where records are stored and facts are verified by many witnesses so that no one could cheat it.

Blockchain: Simplified

This type of system is called blockchain. No central person or company owns it. Rather, information is stored across a system of many personal computers so that there is no middleman. It’s decentralized and distributed so that no one person can take it down or corrupt it. However, anyone can use the system and help run it, as information is protected through cryptography.

It’s essentially an ever-growing list of transactions (listed in blocks) that are verified, permanently recorded and linked in chronological order. For most users, the beauty of blockchain will be in the unknown. Just as most of us are unaware of how 4G technology works or how silicon is processed to produce central processing units, we continue to use our smartphones on a daily basis. Similarly, blockchain will be a perfect “backstage” to many changing technologies and will impact the way we educate, manage, consume, govern and communicate.

How Blockchain Will Change the World

• Banking and Payments: Not only does blockchain allow anyone to exchange money faster, more efficiently and more securely (see bitcoin currency), but many banks are already working on adopting blockchain technology to improve their transactions.

• Cybersecurity: All data is verified and encrypted in blockchain using advanced cryptography, making it resistant to unauthorized changes and hacks. Centralized servers can be very susceptible to data loss, corruption, human error and hacking. Just look at the many hacks we’ve seen in the past few years with Target, Verizon, Deloitte and Equifax. Using a blockchain decentralized, distributed system would allow data storage in the cloud to be more robust and protected against attacks.

• Internet of Things: Today the Internet of Things (IoT) includes cars, buildings, doorbells and even refrigerators that are embedded with software, network connectivity and sensors. However, because these devices operate from a central location that handles communications, hackers can gain access to the car you’re driving or to your home. According to Kamil Przeorski, an expert in Bitcoin and Ethereum capabilities, Blockchain has the potential to address these critical security concerns because it decentralizes all of the information and data. This is increasingly more important as IoT capabilities increase.

• Unified Communications: Blockchains can enable faster, safer and more reliable automated communication. Automated or digital communication based on pre-built algorithms is already occurring at scale in some industries. Examples of this include emails, system alerts and call notifications. Matt Peterson, co-founder of Jive Communications and an early adopter and miner of Bitcoin told me that while a lot of communication is currently automated, this type of communication is generally non-critical and asynchronous. He said that “Blockchains can shift the playing field to allow authorized, bi-directional communications and transactions that occur more freely in an automated environment and produce an immutable record of communication.” This will greatly enhance the safety and reliability of our communications.

• Government: If corrupt politicians and long lines at the DMV give you a headache, you’re not alone. With blockchain, we could reduce bureaucracy and increase security, efficiency and transparency. Welfare and unemployment benefits could also be more easily verified and distributed and votes could be counted and verified for legitimacy.

• Crowdfunding and Donating to Charities: Donating to a worthy cause is never a bad idea. But what percentage of your donation is actually being given to those it’s meant for? Blockchains can help ensure that your money gets exactly where you need it to go. Bitcoin-based charities are already creating trust through smart contracts and online reputation systems and allowing donors to see where their donations go through a secure and transparent ledger. The United Nations’ World Food Programme is currently implementing blockchain technology to allow refugees to purchase food by using Iris scans instead of vouchers, cash or credit cards.

• Healthcare: Wouldn’t it be great if doctors did not have to “fax over referrals” anymore? Why can’t all of our medical information be stored in a central database? The centralization of such sensitive information makes it very vulnerable. With all of the private patient data that hospitals collect, a secure platform is necessary. With the advent of blockchain, hospitals and other healthcare organizations could create a centralized and secure database, store medical records and share them strictly with authorized doctors and patients.

• Rentals and Ride-sharing: Uber and Airbnb may seem like decentralized networks, but the platform owners are in complete control of the network and naturally take a fee for their service. Blockchain can create decentralized peer-to-peer ride-sharing apps and can allow car owners to auto pay for things like parking, tolls and fuel.

While blockchain is still relatively new and many experiments will fail before they succeed, the possibilities for innovation are endless. Along with the eight points listed, it will affect retail, energy management, online music, supply chain management, forecasting, consulting, real estate, insurance and much more. Let’s prepare ourselves for a future where distributed, autonomous solutions will have a huge role — both in our personal lives and in business.

Source: https://www.forbes.com/sites/theyec/2018/03/09/eight-ways-blockchain-will-impact-the-world-beyond-cryptocurrency/2/#311824a1300b

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#Blockchain: A Very Short History Of #Ethereum Everyone Should Read $SX $SX.ca $IDK.ca #Blockstation $AAO.ca

Posted by AGORACOM-JC at 12:37 PM on Friday, February 2nd, 2018
  • Even those who are not familiar with blockchain are likely to have heard about Bitcoin, the cryptocurrency and payment system that uses the technology.
  • Another platform called Ethereum, that also uses blockchain, is predicted by some experts to overtake Bitcoin this year.

Bernard Marr , Contributor Opinions expressed by Forbes Contributors are their own.

AdobeStock

What is Ethereum?

Ethereum is an open-source, public service that uses blockchain technology to facilitate smart contracts and cryptocurrency trading securely without a third party. There are two accounts available through Ethereum: externally owned accounts (controlled by private keys influenced by human users) and contract accounts. Ethereum allows developers to deploy all kinds of decentralized apps. Even though Bitcoin remains the most popular cryptocurrency, it’s Ethereum’s aggressive growth that have many speculating it will soon overtake Bitcoin in usage.

How is Ethereum different than Bitcoin?

While there are many similarities between Ethereum and Bitcoin, there are also significant differences. Here are a few:

  • Bitcoin trades in cryptocurrency, while Ethereum offers several methods of exchange including cryptocurrency (Ethereum’s is called Ether), smart contracts and the Ethereum Virtual Machine (EVM).
  • They are based on different security protocols: Ethereum uses a ‘proof of stake’ system as opposed the ‘proof of work’ system used by Bitcoin.
  • Bitcoin allows only public (permissionless or censor-proof) transactions to take place; Ethereum allows both permissioned and permissionless transactions.
  • The average block time for Ethereum is significantly less than Bitcoin’s; 12 seconds versus 10 minutes. This translates into more block confirmations which allows Ethereum’s miners to complete more blocks and receive more Ether.
  • It is estimated that by 2021 only half of the Ether coins will be mined (a supply of more than 90 million tokens), but the majority of Bitcoins already have been mined (its supply is capped at 21 million).
  • For Bitcoin, the computers (called miners) running the platform and verifying the transactions receive rewards. Basically, the first computer that solves each new block gets bitcoins (or a fraction of one) as a reward. Ethereum does not offer block rewards and instead allows miners to take a transaction fee.

What are the advantages of Ethereum?

Proponents of Ethereum believe its main advantage over Bitcoin is that it allows individuals and companies to do much more than just transfer money between entities leading Bloomberg to write it’s “the hottest platform in the world of cryptocurrencies and blockchains” and companies such as JPMorgan Chase, Intel and Microsoft to invest in it.

Ethereum’s co-founder, Vitalik Buterin said, “I thought [those in the Bitcoin community] weren’t approaching the problem in the right way. I thought they were going after individual applications; they were trying to kind of explicitly support each [use case] in a sort of Swiss Army knife protocol.”

He envisioned a different way.

Buterin was introduced and intrigued by blockchain technology when he got involved in Bitcoin as a 17-year-old programmer in 2011 and co-founded Bitcoin Magazine. He started to imagine a platform that went beyond the financial use cases allowed by Bitcoin and released a white paper in 2013 describing what would ultimately become Ethereum using a general scripting language.

The key differentiator from Bitcoin was the platform’s ability to trade more than just cryptocurrency.

In 2014, Buterin and the other co-founders of Ethereum launched a crowdsourcing campaign where they sold participants Ether (Ethereum tokens) to get their vision off the ground and raised more than $18 million. The first live release of Ethereum known as Frontier was launched in 2015. Since then, the platform has grown rapidly and today there are hundreds of developers involved.

Ultimately, Buterin hopes Ethereum will be the solution for all use cases of blockchain that don’t have a specialized system to turn to.

Ethereum is still experiencing growing pains and suffers from some of the same issues that Bitcoin does primarily in its scalability. In 2016, $50 million in Ether was stolen by an anonymous hacker which resulted in questions about the platform’s security. This caused a split within the Ethereum community and it broke off into two blockchains: Ethereum (ETH) and Ethereum Classic (ETC).

There have been dramatic fluctuations in the price of Ether, but the Ethereum currency grew more than 13,000 percent in 2017. This tremendous growth is attractive to many investors, but the volatility makes other investors cautious.

It’s still a very young platform, but its potential and applications could be limitless. Ethereum’s infrastructure was enhanced over the last few years when it was challenged with security issues and since it’s less monopolistic than Bitcoin, it is more open to reform measures that might ultimately make it a superior solution to Bitcoin.

Bernard Marr is a best-selling author & keynote speaker on business, technology and big data. His new book is Data Strategy. To read his future posts simply join his network here.

Source: https://www.forbes.com/sites/bernardmarr/2018/02/02/blockchain-a-very-short-history-of-ethereum-everyone-should-read/2/#26dbb6664abc

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How #Blockchain is Transforming Payments and More $SX $SX.ca $SXOOF $IDK.ca #Blockstation $AAO.ca $HIVE.ca $CODE.ca $BLOC.ca $BAC $MA

Posted by AGORACOM-JC at 11:31 AM on Tuesday, January 30th, 2018
  • Less than a decade ago, blockchain sounded like the fodder of science fiction; today, the technology is demonstrating its ability to revolutionize the finance industry
  • blockchain provides a new and secure way to execute financial transactions
  • Use of the technology is rapidly expanding, and because of the innovative nature of the technology, its wide-ranging possibilities are being explored and developed by a range of companies with unique objectives

NEW YORK, January 30, 2018  — NetworkNewsWire Editorial Coverage

Less than a decade ago, blockchain sounded like the fodder of science fiction; today, the technology is demonstrating its ability to revolutionize the finance industry. By stepping outside the existing payment structures, blockchain provides a new and secure way to execute financial transactions. The use of the technology is rapidly expanding, and because of the innovative nature of the technology, its wide-ranging possibilities are being explored and developed by a range of companies with unique objectives. Some, such as SinglePoint, Inc. (OTC: SING) (SING Profile), are looking at how to integrate these technologies to provide a better service for select markets. While alarming articles predict the bursting of the ‘blockchain bubble’, established companies such as Bank of America Corp. (NYSE: BAC) and Mastercard, Inc. (NYSE: MA) have moved to adopt blockchain technology, signalling its acceptance by mainstream banking. Meanwhile, companies such as Bitcoin Services, Inc. (OTC: BTSC) and Discover Financial Services (NYSE: DFS) continue looking for new ways to exploit the technology’s potential.

The Future of Payment
Blockchain is a system for recording and sharing information, including financial data. Because of the way data is stored within a blockchain, there is no need for a central organization tasked with controlling records. This decentralization makes it easier to transfer data or money while reducing the risk of fraud or error. The benefits are such that the World Economic Forum has predicted that 10% of GDP will be stored on blockchain technology by 2025.
Blockchain has become famous mostly through the meteoric rise of bitcoin, which has seen the market value of cryptocurrencies rise to over $540 billion. But its use goes far beyond this. Its ability to verify clients and products is expected to lead to better records of property ownership and certification of diamonds. It could provide smart contracts that automatically pay out when success criteria are hit. By acting as a secure system for direct payments, it will reduce the need for intermediaries in financial systems, allowing people to make payments more quickly and directly.

Putting the Pieces Together
One of the companies seeking to take advantage of these capabilities is SinglePoint (OTC: SING), which has grown from a mobile technology provider into a diverse holding company with a growing portfolio of investments in blockchain-related technology. SinglePoint’s aggressive, acquisition-based growth strategy has seen it dramatically expand its services and brand awareness in the investment community.
SinglePoint is implementing blockchain to the core of its business strategy, specifically as it pertains to the cannabis and other ‘high-risk’ industries. By acquiring companies and technologies with established roots in blockchain services, SinglePoint can provide increasingly integrated options for blockchain-based payment systems. For example, the company’s recent agreement to acquire Bitcoin Beyond will provide SinglePoint a user-friendly point-of-sale payment system that will provide merchants and bitcoin users a range of unprecedented capabilities. Bitcoin Beyond was created to overcome the challenges of merchants in the cannabis industry, which is crippled by cash management issues due to the lack of banking options. Functioning as a general-purpose point-of-sale system, Bitcoin Beyond is poised to address the growing demand for fast and reliable electronic payment processing for the cannabis industry.
“We are thrilled with this opportunity. Acquiring Bitcoin Beyond put us ahead of what we believe merchants have access to now. This platform has by far the easiest user interface we have seen in the market, and we are confident merchants will be quick to adopt this solution as it stands as the sole alternative to traditional options offered to the cannabis industry,” SinglePoint President Wil Ralston stated in the press release (http://nnw.fm/l7DK5).
One of the advantages of the Bitcoin Beyond System is that it makes cryptocurrency transactions easy by instantly doing the conversion for USD for merchants and customers. It can process payments in bitcoin, the most popular blockchain payment system, from any web-enabled terminal available at checkout, from a cell phone or tablet to a full PC.
SinglePoint also has its own proprietary bitcoin exchange (app.singleseed.com), launched in November 2017. Customers can easily sign up using a credit or debit card, then use the system to benefit from blockchain’s quick, secure payments.
SinglePoint’s commitment to integrated solutions extends beyond acquiring companies and into collaborations. The company has agreements with various businesses, including fintech solutions provider Global Payout, to advance and streamline the process involved in delivering payment applications.
The company has also teamed up with SharkTank veteran and entrepreneur Kevin Harrington – which has led 20 companies to reach revenues of over $100 million – to develop and promote a range of cryptocurrency projects, including SinglePoint’s exchange and bitcoin payment platform and the integration of Procurrency, an e-commerce and rewards platform using blockchain currency (http://nnw.fm/qV7Xp).
With these initiatives, SinglePoint is tapping into not just one fast-growing sector but two, as many of its financial and technological solutions are geared toward cannabis merchants.

Financial Services for a New Market
With cannabis sales now legal in 29 U.S. states, and legislators opening the way to recreational as well as medical use, cannabis is a lucrative business. But federal legislation designed for the war on illegal drugs has created problems for legal cannabis businesses. Many are unable to access the financial services available to other companies and have been forced to work on a cash basis, making them vulnerable to theft and fraud. Blockchain payment systems provide them with a secure alternative to cash payments without needing to engage with banks.
Services such as SingleSeed are specifically geared toward this market, providing a much-needed product for a growing industry. SinglePoint’s blockchain-based services allow secure payments for cannabis merchants. Its collaborations with other companies, including developing mobile apps with AppSwarm, ensure that these services are easily accessible. SinglePoint’s willingness to move quickly is vital in these fast-growing sectors. The AppSwarm collaboration began with an aim to launch their first app within 90 days.
SinglePoint’s services for the cannabis sector show how blockchain technology and the companies behind it can provide more than just financial solutions. The work with AppSwarm will allow safe delivery to customers in their homes, increasing the speed, security, and efficiency of the cannabis supply chain.
The technology provided by SinglePoint goes beyond just a payment system. It also provides vendors with a system to digitally track their inventories, provide information about products to customers, and automatically remove products from the inventory once sold. Though this is currently targeted at cannabis suppliers, it is a system that could be useful for any cash-based business looking for a more secure way to operate. Thanks to money from the fast-growing legal cannabis market, SinglePoint is creating software that will be useful for all manner of small businesses.
SinglePoint’s interest in integrating systems and supply chains extends into other parts of the cannabis industry. The company recently established a joint venture with Smart Cannabis, making a major move into California’s cannabis market before blanket marijuana legalization in that state. Having previously acquired Discount Indoor Garden Supply in California and invested in California-based cannabis equipment supplier Convectium, SinglePoint is now the owner or investor in products and services covering the whole cannabis supply chain. It is in a position to provide the same sort of integrated services it has pioneered in blockchain payments.
The partnership with Smart Cannabis is particularly valuable in capturing market share within California’s red-hot commercial marijuana cultivation market. Smart Cannabis provides a range of innovative products for cannabis growers, including automated greenhouse systems and a unique seed-to-sale app. Seed-to-sale systems are important in managing cannabis sales and ensuring compliance with government regulations. The joint venture will allow the two companies to incorporate blockchain currency into Smart Cannabis’ SMARTAPP and sell it to growers, integrating seed-to-sale and payment mechanisms (http://nnw.fm/t2SAz).

The Bigger Picture on Blockchain
While SinglePoint is providing some of the most interesting examples of integrated systems using blockchain, an increasing number of companies are also exploring the services this technology can provide.

Bank of America (NYSE: BAC), the second largest bank in America and the largest wealth management company in the world, has long distanced itself from bitcoin, the leading blockchain currency. But as the holder of at least 27 blockchain patents and 39 relating to cryptocurrency, including some for exchanging currencies, it is clear that the bank is interested in the broader technologies. CEO Brian Moynihan has played down the bank’s interest in cryptocurrencies, even as his organisation prepares for a future built around blockchain.

Mastercard (NYSE: MA), one of the largest payment processing companies in the world, prides itself on its forward-looking approach to finance, listing “Putting technology first” among its areas of focus. It has repeatedly shown an interest in blockchain. In a patent filed on the 9th of November 2017, it set out details for a blockchain database that would reduce delays in payment transfers. Like Bank of America, its leaders are pro-blockchain but anti-bitcoin.

Bitcoin Services (OTC: BTSC) provides support services for people dealing in the most prominent blockchain currency, bitcoin. The company is also working on developing blockchain software, as this technology keeps moving forward.
Direct banking and payments company Discover Financial Services (NYSE: DFS) has singled out blockchain as one of the most important technologies shaping the future of payments. Describing blockchain as secure, transparent, and closer in the way it works to cash than to card payments, Discover has identified the technology as one to keep an eye on. Though the company has not yet announced any blockchain innovations of its own, comments on its Discover Network suggest it is preparing its customers for a blockchain future (http://nnw.fm/BlW3O).
Like any transformative technology, blockchain creates challenges as well as benefits. It relies on large data sets, meaning that new infrastructure may be needed to support widespread use. Its ability to provide direct payments with a minimal data trail has created concerns about money laundering and regulatory oversight. But the genie is out of the bottle, and given its benefits, the question isn’t whether anyone will overcome these challenges, it is who will.

For more information on SinglePoint, visit SinglePoint (OTC: SING)

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#Blockchain and the Rise of Transaction Technology $SX $SX.ca $SXOOF $IDK.ca

Posted by AGORACOM-JC at 10:57 AM on Monday, January 15th, 2018
  • The last couple of years were owned by the ‘fintech’ buzzword
  • In a digital dimension, all relations are transactions, like it or not, that’s the way it is
Magda Borowik
Jan 14, 2018 at 10:15 UTC

OPINION

Magda Borowik is the special envoy for fintech to the Ministry of Digital Affairs of the Republic of Poland and the director of technology research at FinTech Poland.

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

The last couple of years were owned by the ‘fintech’ buzzword.

From startups to investors to government programs, fintech was everywhere. But within the last year, “regtech” and “govtech” have joined the conversation. Very often, you can spot the three in a thought-provoking proximity.

But, do they have something in common?

I believe they all can be described as transaction technologies that enable the secure transfer of value online – be it monetary or non-monetary value. Alternative financial technology, the use of modern computing, and also, technology as a means for building trust, all are tools that are needed by every government.

It’s no surprise then that applications are popping up in many areas – regulators and supervisors using DLT or cognitive computing, governments providing electronic payments for public services or social security. In Poland, strides have been made to harness emerging tech for digital identity, in such a way that it can be provided by the state along with banks and other institutions of trust.

Importantly, our national scheme of electronic identification is based on federated model, which means citizen’s identity is not only served by the state – banks, insurers and telecom providers are able to contribute, too.

This is an important distinction as transaction technologies are defined by the use of a special type of data, data that documents an exchange, agreement or value transfer between parties.

It’s a bit of information describing an event that includes the time and numerical value, and that specifies an agreement or value exchange of commercial or legal significance. Very often it relates to personal data and falls into the scope of banking secrecy.

A natural fit

In a digital dimension, all relations are transactions. Like it or not, that’s the way it is.

Administrations transact with citizens to provide them with trusted public services. They transact with businesses and governments, too. Sometimes citizens transact with government through business. Within strategic sectors, like energy or utility business, transacting is key.

In an increasingly data-focused economy, transacting data can even be said to be a special type of virtualized critical infrastructure. This is why states and businesses need to focus on assuring trusted data structures.

Blockchains and distributed ledgers, then, can be considered a tool for ensuring data integrity, immutability and trust. It does not mean we need to port everything to blockchain. But it can mean provide an additional, transaction layer to existing data structures, a robust audit trail on what happens on our critical infrastructure.

In this way, the possible role of distributed ledgers within digital state infrastructure too often goes unrecognized.

They can be a tool for licenses, rights and entitlements management. What the modern state mostly does is endorse, manage and verify ledgers of social relations; be it property titles register, ledgers of social security entitlements or identity ledgers – of who is a citizen and who can therefore participate in political dealings.

It’s a huge, important and largely under-appreciated and even overlooked function that state fulfills. Based on a social contract, the state is a large trusted entity.

How much we trust the state today is questionable, but the invention of distributed ledgers introduces a way of building a new type of institutional trust – trust in the computer code an institution operates, instead of relying only on trust in its human representatives. Human-to-machine is a new type of trust, which complements the one we traditionally put in people.

In order to progress with digitization, we need to ensure new type of digital trust, where appropriate investments are of highest priority.

Harnessing the potential

So, if distributed ledgers can act as a trust machine, what then?

The first step would be to audit our existing data resources – identifying, cleaning and structuring them in order to achieve organization. Then, a trusted transaction layer may be put on top. This means there won’t be an easy jump onto distributed ledgers for state-owned big data lakes.

Ensuring the integrity and immutability of random, inconsistent data makes no sense.

Still, within the scope of emerging transaction technologies, digitization can benefit from distributed ledgers in many aspects. Trusted data structures, arising from handling data with decentralized consensus mechanisms, can bring in additional value to many horizontal challenges, like e-commerce and legislative processes (where document version control and oversight is critical).

Ultimately, value transfer protocols and distributed ledgers may enable the functional digitization of public services, transforming the service stack together, not just rewriting each physical element to a digital twin. Particularly, if we consider value transfer protocols as digital public services, their use by the state becomes a bit more obvious.

In the coming months, governments around the globe will become more and more aware of the meaning of transaction technologies and the role they play in digitization. Having policies enabling experimentation with emerging transaction technologies will be key.

At the Ministry of Digital Affairs, Republic of Poland, we recently published a new industrial digitization strategy, in which transaction technologies are one of three key areas for growth.

Understanding requires experimenting, and experimenting is an act of humility – to acknowledge that there is no way of knowing without trying new things, making your hands dirty.

Understanding that truth is a first step, but it is important. I wish all government policymakers to act on it, in order to get well prepared for the future to come – sooner than later.

Calculator image 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 [email protected].

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St-Georges $SX.ca $SXOOF Subsidiary ZeU #Crypto Networks Signs Letter of Intent to Acquire all Qingdao Tiande Technologies’ Assets $IDK.ca $HIVE.ca $CODE.ca $BLOC.ca

Posted by AGORACOM-JC at 9:42 PM on Sunday, January 14th, 2018

Sx large

  • Wholly owned subsidiary, ZeU Crypto Networks Inc entered into a non-binding letter of intent to acquire all of the Blockchain and Smart Contract Technologies assets of Qingdao Tiande Technologies Inc.
  • Pursuant to the terms of the LOI, the proposed consideration for the Transaction is an aggregate amount of CND$150 million payable through the issuance of 150,000,000 common shares and 75,000,000 Shares purchase warrants in the capital of ZeU

Montreal, January 14, 2018 – St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) announces that its wholly owned subsidiary, ZeU Crypto Networks Inc. (“ZeU”), a private blockchain technology company, has entered into a non-binding letter of intent (“LOI”) to acquire all of the Blockchain and Smart Contract Technologies assets (the “Transaction”) of Qingdao Tiande Technologies Inc. (“Tiande”), a Chinese private company.

Pursuant to the terms of the LOI, the proposed consideration for the Transaction is an aggregate amount of CND$150 million payable through the issuance of 150,000,000 common shares (“Shares”) and 75,000,000 Shares purchase warrants (“Warrants”) in the capital of ZeU. Each Warrant will entitle the holder to acquire one (1) Share at a price of CND$1.00 for a period of three (3) years following the date ZeU completes a transaction pursuant to which its common shares will either be listed on a recognized stock exchange in North America, or will be exchanged for common shares of a reporting issuer listed on a recognized stock exchange in North America.

On January 4, 2018 St-Georges (the “Company”) announced it was granted an exclusive global license to Tiande’s Blockchain and Smart Contract technology for mineral commodity production, trading and tracking. The Company assigned the License to ZeU in consideration of 20,000,000 common shares of ZeU. Whereas St-Georges owned 100% of ZeU with a license specific to the mineral commodity space, upon successful completion of the transaction, St-Georges will share ownership in ZeU, with global application reach.

“We are thrilled to enter into this agreement with Tiande and their world class scientific team. Dr. Tsai has laid out a plan to deploy what many industry experts believe to be a world class Blockchain ecosystem that stands at the threshold of a new, far-reaching technological revolution.  The assets being acquired today, from the patents to the commercial and sovereign relationships and the significant human capital, are second to none in the domain.  Our Ecosystem is ready to be deployed in this quarter, starting with the SandBox initiative and quickly followed by the BigData suite of solutions. Finally, the biggest and most significant mass application project, The “Internet of Blockchains” (IoB), will be released before the end of 2018.  Response to IoB in every meeting with industry specialists has been significant and, in some cases, has triggered discussions into the realm of what was once unimaginable” said Frank Dumas, CEO and President of St-Georges and ZeU.

The Transaction is anticipated to close on or before February 28, 2018 with a definitive purchase agreement being entered into on or before February 5, 2018. The Transaction is subject to the approval of the Canadian Securities Exchange and certain conditions pursuant to the terms of the LOI, including the completion of a CND$20 million financing on term acceptable to ZeU and satisfactory due diligence.

ON BEHALF OF THE BOARD OF DIRECTORS

“Frank Dumas”

 

FRANK DUMAS, PRESIDENT & CEO

About St-Georges

St-Georges is developing new technologies to solve the some of the most common environmental problems in the mining industry.

The Company controls directly or indirectly, through rights of first refusal, all of the active mineral tenures in Iceland. It also explores for nickel on the Julie Nickel Project & for industrial minerals on Quebec’s North Shore and for lithium and rare metals in Northern Quebec and in the Abitibi region. Headquartered in Montreal, St-Georges’ stock is listed on the CSE under the symbol SX, on the US OTC under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1.

For Press Release Inquiries: 514.295.9878 or [email protected]

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

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2018: The Year We Democratize #Blockchain $IDK.ca $SX.ca $SXOOF#Blockstation

Posted by AGORACOM-JC at 2:47 PM on Tuesday, January 9th, 2018
  • World has seen tremendous interest in blockchain across industries and countries, from thousands of new startups, to blockchain labs popping up in commercial and federal organizations
  • Democratization of a given technology can happen in many ways, from the number of people, products and solutions using that technology, to its business value or the level of disruption it activates.

Eric Piscini, a principal with Deloitte Consulting LLP, is the global leader of Deloitte’s financial services blockchain consulting efforts and co-lead at its the global blockchain and cryptocurrency team.

As the technology behind bitcoin nears its 10th year in the market, let’s celebrate the positive.

The world has seen tremendous interest in blockchain across industries and countries, from thousands of new startups, to blockchain labs popping up in commercial and federal organizations, to a number of consortia established looking to solve their industry’s biggest challenges.

One can go so far as to argue that 2017 saw the democratization for cryptocurrencies.

Democratization of a given technology can happen in many ways, from the number of people, products and solutions using that technology, to its business value or the level of disruption it activates. As opposed to previous technology waves – like open source – blockchain technology is, at its core, is designed to empower people versus organizations. It is thus natural that blockchain democratization is also core to its success.

With kids accepting bitcoin on lemonade stands, teenagers investing in ether to pay for college and traders standing up crypto-trading desks, there is no doubt that cryptocurrencies have helped democratize blockchain. Ask anyone who has been involved in blockchain without being involved in bitcoin for proof of that. In a way, blockchain has been democratized via cryptocurrencies — but the real democratization of blockchain is about to happen.

With democratization at its core, here are some of the things I expect to see happen in the year ahead.

For a host of reasons, it is a critical year for every aspect of the space.

1. Killer apps

2018 might very well be the year of the killer customer app on blockchain.

While the CryptoKitties were cute, they also demonstrated some limitations of the technology platforms; it will likely incentivize those in the industry to develop more stable and scalable blockchains. And, as the foundations mature, we will see major advancements in the usage of blockchain solutions for consumers. Whether it be personal electric grid management, digital identity, gaming, loyalty or credit scoring, we will probably use a blockchain app in 2018 without knowing that it is backed by blockchain technology.

2. Major tech developments

Advancements will come in the next few months that will make the use of blockchain platforms easier than ever before. And it will happen across the main stacks of Hyperledger, ethereum and Corda, among others.

This will address a key challenge that we all face today — the scarcity of talent, especially in developers and architects. When it’s easier to provision and develop on blockchain technologies, innovation will be unleashed, many more solutions will be created, which will help drive more experimentation and successful platform launches.

3. Governments and regulators will drive adoption

These groups are now engaging and leading in blockchain efforts after studying and getting up to speed on the technology.

They now understand the value of blockchain for themselves and their constituencies. We will see large-scale use of blockchain led by governments, probably first in developing economies and small countries where incumbents are less influential. Financial inclusion, digital identities, regulatory reporting and payments will be the main areas improved by blockchain in 2018.

4. Corporations and non-profits will become major players

I believe these organizations will be the main engine in translating the promises into real commercially viable solutions, a massive role in the democratization of blockchain. Most importantly, they will have to accept that their long-term role in our economies might be dramatically different than it is today. We have seen both sides of the coin so far, pun unintended.

Those taking the defensive position – like notaries – will go the dinosaur way. On the other hand, those going on offense, with aggressive moves from major corporations, like banks, insurance companies and other financial institutions, will help build the next generation of business platforms on blockchain.

The biggest question: Will they be nimble enough to compete with the startups? Will they be protected by regulations? Will they generate return on their investments so far?

5. The jobs market will take notice

When it comes to talent, which is the first thing I think about when I wake up each morning, the job market too will be impacted and blockchain will offer new productive lives for many. The decentralization of work has already started and I’m a big believer that blockchain will fuel its growth. Imagine a world where each of us can monetize our time, skills and experiences on-demand and be rewarded with micropayments from a decentralized platform.

Work has been democratized many times over but it might very well be the last phase.

All that said, there might be a downside to the democratization of blockchain. If you consider blockchain as a non-human trustee, autonomous organizations running on blockchain are – as we have seen with the DAO – not so sci-fi anymore. Democratization of technology often requires strong ethical behaviors and, sometimes, a regulatory framework. We cannot overstate these aspects in our race to introduce blockchain to the world.

6. There will be surprises

No, I did not forget cryptocurrencies and other tokens.

They have reached democratization in financial markets already, with many exchanges and financial instruments. Will it open a new wave for anyone to invest into a new asset class, will it burst into flames, will it enhance existing businesses, or will it create new decentralized business models? All of the above, which is why 2018 is going to be the most exciting year in blockchain so far.

Democratizing blockchain will be central for us in 2018, as I believe it will generate an unprecedented level of change in the next decade.

Participation image 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.

Source: https://www.coindesk.com/2018-year-democratize-blockchain/

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