Ethereum

Ethereum

Bitcoin’s blockchain could revolutionise more than just how we dobusiness

Efforts to explain Bitcoin and cryptocurrencies in general have generally focused on how they are both a new form of money as well as a challenge to existing forms of money. Cryptocurrencies are novel as they are only possible because of the ready availability of high-speed computing and networks. They are a challenge to today’s […]

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Ethereum

Finally, interesting uses for the blockchain that go beyondbitcoin

Most people who have heard the term think that the “blockchain” is only something to do with cryptocurrencies such as bitcoin, litecoin, doguecoin and others. It’s the technology that underpins digital currencies and ensures that all transactions are properly conducted and recorded. But what is stored on the blockchain need not be just a currency […]

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Ethereum

How blockchain could help musicians make a living frommusic

In the decade and a half since Napster, it’s got harder for musicians to make a living, at least from recorded music. Falling CD sales, illegal downloads, the low payments from legal music streaming platforms, and a shift towards buying single tracks rather than whole albums all play their part. Recently, a number of music […]

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Ethereum

Without smarter governance, blockchains will fall victim to moreattacks

Companies around the world are exploring blockchain, the technology underpinning digital currency bitcoin. In this Blockchain unleashed series, we investigate the many possible use cases for the blockchain, from the novel to the transformative. Ethereum, a network designed to extend blockchain technology to uses beyond crypto-currencies, has been gaining traction around the world. Billed as […]

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Ethereum

Price hikes in Ether and Bitcoin aren’t the signs of abubble

When there is a rapid growth in any of the crypto-currencies and assets such as Bitcoin, Ether, Zcash and others, many will call it out as a bubble. Indeed, on a relatively short time scale it clearly looks like a bubble. The entire crypto-currency market capitalisation currently stands at around US$100 billion; it was US$60 […]

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Ethereum

Alternative currencies are the future: why it matters fordevelopment

When I began to teach in 2012, I decided to start my course with an analysis of how money affects social order. What my students found particularly fascinating was the then-nascent world of cryptocurrencies, which I described at length as a crucial feature in the future of money. Some colleagues criticised my approach. They accused […]

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Ethereum

Worth reading: Bitcoin, BlackBerry, time travel and otheroutcomes

Editor’s note: The Conversation Canada asked our academic authors to share some recommended reading. In this instalment, Joshua Gans, an economist who wrote about how an energy revolution will transform the economy and our lives, offers up new picks along with a few of his favourite books. Before Babylon, Beyond Bitcoin By David Birch (Non-fiction. […]

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Ethereum

Explainer: what are initial coin offerings (ICOs) and why are investors flocking tothem?

Initial coin offerings – or ICOs – have become enormously popular with investors. They have raised more than US$1.8 billion so far in 2017 and one recent ICO raised US$35m in under 30 seconds. But they are proving unpopular with governments around the world. The Chinese and South Korean governments have shut them down, while […]

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Ethereum

KodakOne could be the start of a new kind of intellectual property

It’s easy to be a bit amused about Kodak’s new blockchain and cryptocurrency, the KodakOne. The old photography company is the classic case of a firm that failed to keep up with technological change. But now Kodak is exploiting one of the most interesting characteristics of the blockchain (the technology behind Bitcoin) to reshape how […]

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Ethereum

Why Bitcoin is taken more seriously thanDogecoin

As Bitcoin loses value, it may seem like it’s just as useful as the cryptocurrency invented for a joke – Dogecoin. But there are genuine differences between these cryptocurrencies, and it’s not just because one is “much currency, such volatility”. There are 1,448 cryptocurrencies around the world, by some counts. For every Bitcoin you have […]

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