Combining the benefits of a utility-based cryptocurrency and a company that exhibits the characteristics of a power law network creates the perfect opportunity for a globally adopted cryptocurrency the Amazon Token.Amazons Full-Circle EconomyIn this hypothetical futuristic scenario, Amazon extends on the suite of products and services it provides customers in 2018 including online shopping, physical grocery, web services, artificial intelligence, internet of things, video and music streaming Read more...
While Japan has been cracking down more on cryptocurrency exchanges recently, we see the state of Wyoming opening things up to make the state more attractive to the technology. At the same time, the SEC defined ICOs as money transmitters and crypto exchanges as money exchange businesses. It is rapidly becoming easier to run afoul of these quickly changing clarifications and find yourself in hot water.On the lighter side, words such as cryptocurrency, blockchain and ICO are joining Bitcoin in Read more...
This is the first in a series of weekly news highlights about blockchain technology and cryptocurrency in Russia. Last weeks headlines included an endorsement of blockchain technology from President Putin, tax exemptions for cryptocurrencies and a legal decision that prevented the seizure of cryptocurrency assets in a bankruptcy case.Putin Endorses Technological Development in RussiaDuring his conversation with Herman Gref, the head of Russias largest bank, Sberbank, Russian President Vladimi Read more...
Just as a countrys borders drawn on a globe arent often exact, neither are the lines drawn on individual properties around much of the world. De Soto Inc., a socially-conscious joint venture between Overstock.com subsidiary Medici Ventures, Overstock founder Patrick Byrne and world-renowned Peruvian economist Hernando de Soto, has plans to solve the problems of property titles with a developed global property registry system utilizing decentralized blockchain technology.The vision of de Soto Read more...
In a landmark development for blockchain advancement, Wyomings state legislature has cleared what is known as House Bill 70 HB 70, which exempts various types of crypto assets from securities laws. The bill was originally passed by Wyomings House of Representatives last month on February 20. It is now headed to Governor Matt Mead for signature. According to public records, it passed by a vote of 273, with no senators abstaining. This final vote, which was expected to occur last week, was held Read more...
Anyone needing an established definition for cryptocurrency, blockchain or ICO now has a trusted resource the Merriam-Webster Dictionary. On March 5, 2018, Merriam-Webster announced the addition of 850 new words, phrases and new meanings for existing words to merriam-webster.com and to the Merriam-Websters Collegiate Dictionary print edition.n Oh hey. Cool news. We added 850 new words to the dictionary! https//t.co/eyYWKHKzk7&mdash Merriam-Webster MerriamWebster March 5, 2018nnnnnnnnnn Read more...