Opinion

Opinion

Justin Sun and Steem – The dizzying tale of how one crypto billionaire...

by Nicholas Krapels

4 weeks ago

The story of Justin Sun and Steem hit a high point on March 4, when marketing whizkid Sun pulled an end-around on the Steem blockchain community to reclaim STEEM tokens. The recapture of the STEEM tokens, which had been questionably “quarantined” from Sun’s Tron Foundation, is the latest development between Justin Sun and Steem. A couple weeks ago, Tron announced the acquisition of Steemit Inc., the company responsible for the majority of the development work on the Steem blockchain and creator of its first and most popular dapp, a blogging tool called Steemit. However, in...
Opinion

Crypto and the privacy-transparency tradeoff

by Thuat Do Van

1 month ago

Bitcoin has introduced the most transparent record of transactions ever, enabling third-party accounting on a blockchain network. Yet there will always be a privacy-transparency tradeoff. Some say Bitcoin transactions are anonymous, but the privacy-transparency tradeoff is undeniable. In fact, it is the most transparent money in the world, compared to cash and other kinds of money. Anyone can see details of a transaction on Bitcoin or Ethereum and many other public blockchains. For instance, if Bob sends 1.5 ETH to Alice, the network records as follows: Transaction hash (ID) ...
Opinion

Bitcoins and digital securities in Germany: How will the new crypto license...

by Third-Party Content

1 month ago

With its crypto license, Germany is a close second to Switzerland’s Crypto Valley as a leader in blockchain and crypto. Berlin implemented the EU’s Anti-Money Laundering (AML) rule on January 1, 2020. The German regulator took the opportunity while introducing the new AML guidelines along with its crypto license to regulate all forms of blockchain-based assets as well, including digital securities and cryptocurrencies like Bitcoin or Ethereum. As of January 1, 2020, companies require a so-called “crypto license” if they want to provide services around digital assets. To...
Opinion

Decentralized blockchain organizations are less exposed to pandemics. Is the...

by Sophia Ha Ho

2 months ago

Blockchain is a global business, decentralized blockchain organizations are the industry norm. With coronavirus threatening business continuity, maybe other industries can learn from the model. Photos: The Atlantic The current novel coronavirus outbreak is a reminder of the risks pandemics pose to firms with large workforces at one location. In contrast, globally distributed teams like decentralized blockchain organizations face low risks of business interruption. Running a distributed, decentralized team is business as usual for blockchain projects and companies. Due to the...
Opinion

Will cryptocurrency exchanges see a boost any time soon?

by Mary Ann Callahan

2 months ago

It’s no secret that cryptocurrency exchanges have been in a major slump for a few years now. Each time prices seem to be headed for all-time highs, they drop straight back down again. It can be difficult for those who follow the Bitcoin price to make sense of the situation. Some people are starting to say that the crypto industry is preparing for a boost in 2020. Here we’ll look at some of the core factors that could drive a crypto industry boost, and whether these claims have any value to them. A long period of consolidation A few years on, it’s easy to see that the...
Opinion

How blockchain media can foster the mass blockchain adoption

by Sophia Ha Ho

2 months ago

Crossing the chasm: The role of media in blockchain adoption Who says, “no news is good news”? In fact, no news – or little news – about blockchain technology is really bad news. What’s wrong with the current relationship between blockchain and media? It has been 30 years since the release of Geoffrey Moore’s bestseller on marketing and adoption of high-tech products “Crossing the Chasm.” As we enter a new decade, blockchain technology continues to struggle to cross the chasm and achieve widespread adoption. Hasn’t the blockchain community read the book? To be...
Opinion

Bitcoin community split over Nakamoto blog

by Vikrant Mansera

3 months ago

Three days – that’s as long as it took before the “pro-Bitcoin” Nakamoto blog felt forced to restrict its Telegram channel amid a tweetstorm between supporters and crypto maximalists. January 4, 2020, the 11th Anniversary of Bitcoin’s Genesis Block, saw the launch of a journal “to create a venue for technical, philosophical, and cultural writing that is of interest to the community as a whole, for beginner and expert alike.” The project is called Nakamoto.com.  “We want to discuss what is important even if not new, and avoid what is new yet unimportant,” says the...
Opinion

Central bank digital currencies: Central banks go blockchain

by Jonas Gross

3 months ago

Introduction Motivated by the appearance of cryptocurrencies like Bitcoin and Ether, the first central banks started to analyze a potential introduction of an own digital currency as early as 2014. The announcement of the worldwide cryptocurrency project “Libra” in 2019 has further accelerated this process, and an increasing number of central banks are now exploring launching their own central bank digital currency (CBDC). The focus of worldwide central banks on digital currencies is further driven by the declining demand for cash in most regions worldwide. In Sweden, for...
Opinion

Blockchain startups and Asia: What you need to know

by Sophia Ha Ho

4 months ago

Going global is not an option – it’s a must. The path to success leads out into the big wide world – and particularly to China. When it comes to blockchain startups and Asia: Not so fast. China Investment Group: AI and blockchain are key areas for development in Southeast Asia Vietnam alone accounts for 4% of worldwide searches on leading crypto-data site CoinMarketCap. Italy’s ex-Finance Minister Tremonti: “The Chinese system is all about absolute control” No wonder so many blockchain startups and established companies pursue bold visions of securing a...

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