Bitcoin and Blockchains in Davos, Starbucks Coin, Nuclear Hacks
From Fortune
Good morning, Cyber Saturday readers.Read more: http://fortune.com/2018/01/27/davos-blockchain-starbucks-cryptocurrency/In snowy Davos this week, the halls buzzed with a pair of words that have become nigh impossible to escape at such topflight functions: blockchain and cryptocurrency. Seemingly everyone weighed in on the subjects.
Cryptocurrency, the more controversial of the two, had its fair share of detractors. U.S. Treasury Secretary Steven Mnuchin said he was focused on people using Bitcoin and other cryptocurrencies for “illicit activity.” UK Prime Minister Theresa May urged governments to take the criminal risks “very seriously.” And International Monetary Fund head Christine Lagarde exhorted that “the way in which [cryptocurrency] conceals and protects money laundering and financing of terrorism, is just unacceptable”—while adding, hopefully, “there will be innovations coming out of these movements.”
Blockchains, on the other hand, drew heaps of praise. Bank of Canada Governor Stephen Poloz lauded the technology as “a true piece of genius.” Lagarde called it “fascinating.” And billionaire investor George Soros extolled the virtues, saying blockchains “can be put to positive use,” including by “helping migrants to communicate with their families and to keep their money safe and carry it with them.”
I didn’t attend this year’s World Economic Forum, but just a few hundred kilometers north of the Alpine retreat I hosted a panel on digital identity and fraud at Münich’s Digital Life Design conference. One participant, Timothy Ruff, cofounder and CEO of Evernym, a startup that’s developing a blockchain for identity, spoke eloquently about the technology’s potential for humanitarian aid. His remarks held special significance in the Bavarian city, where an influx of migrants from war-torn Syria—many lacking official government documents—have found refuge.
With the rise of corporations seeking to create their own blockchains will come demand for blockchain developers. Move over AI and Machine Learning there is a new kid in town competing for our technical expert's attention. These kinds of developments make me really consider pivoting away from web development to learn more about the code running these chains for a future job.
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Informative post thank you for sharing
I like your post
who can tell me that where is the blockchain server?is there any possibility to hack or destroy?
wooow, posting a very nice imformation friend,
Sounds like good news for us, until someone makes an AI smart enough to create blockchains :/
The basic principle of chain codes is to separately encode each connected component.
Example: The first difference of the 4-direction chain code 10103322 is 33133030. Normalization for size: Alter the size of the resampling grid.
I'm in agreement, I have recently considered getting the training to learn how to develop blockchain technology. It's sad how the establishment can look at this change as a threat and choose to label it as for "money laundering and terrorism" instead of recognizing as many do the potential for good here and positive change for the world. Many people fear change, but change is inevitable and resisting only causes suffering.
I want a blockchain that builds blockchains....HODL
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