bitcoins

  • Blockchain is empowering the future of insurance Crunch Network

    Blockchain is empowering the future of insurance

    Every segment of insurance is under competition by entrepreneurs touting new ways to underprice risk, creating new types of premiums and servicing consumers in a tightly regulated on-demand economy. While most startups attempting to gain traction in the insurance market fall under incremental innovation, Blockchain for insurance could be characterized as disruptive. Read More

  • How blockchain can change the music industry Crunch Network

    How blockchain can change the music industry

    Since the 1999 launch of Napster’s music-sharing platform, the music industry has been in near-constant turmoil, with dipping revenues, lack of transparency, piracy problems and feuds over the fair distribution of dividends. The blockchain has drawn the attention of investors and professionals in different industries, and is now showing promising signs to change the music industry. Read More

  • Unpicking the Gordian knot around blockchain patents Crunch Network

    Unpicking the Gordian knot around blockchain patents

    As of June 22, 2016, there were 492 published patent families directed to the theme of blockchain and 192 relating to bitcoin. Patent applications filed over the last 18 months are not in these statistics, and it is expected that significant numbers of new applications connected to these themes have been filed in that period. The numbers we are seeing likely represent the tip of the iceberg. Read More

  • A brief history of cryptocurrency drama, or, what could possibly DAO wrong? Crunch Network

    A brief history of cryptocurrency drama, or, what could possibly DAO wrong?

    It makes SILICON VALLEY look like C-SPAN — and yet it’s a documentary. Yes, it’s Cryptocurrency!, the show! You already know it’s been the hit of the last half-decade in extreme-nerd, get-rich-quick, and/or libertarian-conspiracist circles. But the story so far may seem incredibly… well… cryptic. So if you’re just tuning in, here’s a timeline to catch… Read More

  • Boom, bubble or bust for fintech? Crunch Network

    Boom, bubble or bust for fintech?

    The term “fintech” has become all the rage; investors and media can’t stop talking about it. Many people also have been talking about the “bubble” in the tech industry, but could there be a “bubble” in fintech, as well? Read More

  • IoT and the development of a circular economy Crunch Network

    IoT and the development of a circular economy

    Few topics receive greater hype in the media today than the Internet of Things (IoT), and still a report produced by McKinsey & Co. last summer argued that the potential impact of IoT technologies might actually be understated. An estimated economic impact of $3.9-11.1 trillion a year by 2025 was the bottom line of McKinsey’s research. Read More

  • Virtual currencies create pathways for people in emerging economies Crunch Network

    Virtual currencies create pathways for people in emerging economies

    Immense hype surrounds virtual currencies and distributed ledgers these days. Maybe this is inevitable if you combine an inscrutable, cutting-edge technology, its enigmatic origins, and a flow of $1 billion in venture funding thus far. But will these technologies create pathways for people in emerging economies to access and use financial services that meet their needs? Read More

  • Why Latin American economies are turning to bitcoin Crunch Network

    Why Latin American economies are turning to bitcoin

    The economic prospects for Latin America in 2016 are grim. With political instability in some of the region’s largest economies, as well as a general slump in prices in oil and other commodities, businesses and consumers are facing a depression and, in the case of Venezuela, economic collapse. Many Latin Americans are turning to bitcoin as a solution, and the recent crises seem only to… Read More

  • Unlocking blockchain for the underbanked Crunch Network

    Unlocking blockchain for the underbanked

    As 2015 came to a close and the new year began, many thought leaders in the financial technology space made their predictions on the trends and innovations that will get us excited in 2016. One of the most prominent technologies that repeatedly appeared on these lists was the blockchain, which has emerged from the shadows of bitcoin with a new, solo image. Read More

  • U.S. Government Is Turning Seized Silk Road Bitcoins Into Cash

    U.S. Government Is Turning Seized Silk Road Bitcoins Into Cash

    As I noted in January, the U.S. government is quite interested in getting out of the Bitcoin business and has, thus far, been working hard to convert seized bitcoin to actual cash, a move that could affect the BTC markets if these large transactions happen For example, this press release by the Department of Justice outlines how they caught alleged Silk Road user Conrnelis Jan Slomp in Miami… Read More

  • Humint Proposes A Way To Recover The Lost Treasures Of Mt. Gox

    Humint Proposes A Way To Recover The Lost Treasures Of Mt. Gox

    Like the King Solomon’s Lost Mines or the treasures of the Spanish Main, the 750,000BTC lost in the Mt. Gox implosion isn’t gone – it’s just really, really hard to get back. The solution, then, is a sort of treasure hunt/dedicated vigilante mission with a bit of crypto thrown in. It’s called Goxcoin. Read More

  • Bitfash Converts Your Bitcoins Into Fashion From Top Brands

    Bitfash Converts Your Bitcoins Into Fashion From Top Brands

    Is your Bitcoin stash burning a hole in your digital wallet? Bitfash is a new startup that wants to help you spend your bitcoins on clothing from top fashion brands. Based in Australia and China, Bitfash serves as an intermediary between retailers and shoppers, allowing them to browse online stores through its web platform. Purchases are completed by paying bitcoins to Bitfash, which then… Read More

  • Bitcoin Miners Are Racking Up $150,000 A Day In Power Consumption Alone

    Bitcoin Miners Are Racking Up $150,000 A Day In Power Consumption Alone

    There’s a gold rush going on these days, or a Bitcoin rush, at least. Driven by the recent swings in the value of a Bitcoin, more and more people are learning about and becoming interested in the currency. While they could just buy Bitcoins at the current market rate, others are looking to try their luck at mining Bitcoins. And like prospectors who traveled west during the Gold Rush of… Read More

  • How To Mine Bitcoins

    How To Mine Bitcoins

    Mining bitcoins – a process that helps manage bitcoin transactions as well as create new “wealth” – is the new Beanie Babies. Luckily for us, however, bitcoins seem to be going up in value and should maintain their value over time, unlike your mint condition Tiny the stuffed Chihuahua. But how do you get bitcoins? You can begin by buying them outright, but the market… Read More

  • Bitcoin And The End Of Money

    Bitcoin And The End Of Money

    A commentator on Bloomberg, Princeton student Evan Soltas, writes that Bitcoin is an “existential threat to the modern liberal state,” a line that can be read in two ways. One reading of his op-ed suggests we are all in danger and that the inability to tax and track bitcoins will result in a thriving black market and reduced fiscal control that will be disastrous for all of us. Read More

  • The Business Of Bitcoin: Entrepreneurs See Opportunities In Alternative Currencies

    The Business Of Bitcoin: Entrepreneurs See Opportunities In Alternative Currencies

    After some prominent press (and some prominent naysaying), Bitcoin has suffered a bit of a crash, falling from a high in the twenties to about of $3 USD today. Interestingly, however, the intensity with which users, experimenters, and entrepreneurs are still supporting what could best be termed a movement has not waned. The money to be made in this space is in the creation of an… Read More