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Blockchain


Latest significant advancements in blockchain and related research. Reporting on how blockchain will change the economy and society.

Bitcoin: Going from Deceptive to Disruptive

Bitcoin is moving from its Deceptive phase to a very Disruptive phase. This post is going to explain why, and what you may want to do. I've been tracking Bitcoin since its inception, and my...

Bitcoin’s Big Year Attracts Regulators in the US, Sparks IPOs in China

If you hadn’t heard of Bitcoin before this year, chances are you have now. Launched in 2009, Bitcoin is a virtual currency, traded incognito for drugs, cars, houses…a pair of alpaca socks. The currency’s dollar exchange rate went meteoric this spring, jumping +1900% from January to April, before crashing -81% over the next six days.*

Bitcoin Exchange Mt. Gox Suspends Trading As Prices Crash

The market price of bitcoins in USD has fallen and fallen hard. After peaking at $266, prices plunged Wednesday morning. There was a strong late rally, such that some data providers listed the “close” around $165. But the cryptocurrency trades round the clock, and Wednesday morning’s decline continued throughout the evening and into Thursday.

Man Puts House in the Canadian Rockies Up For Sale – in Bitcoins

You can use the digital cryptocurrency Bitcoin to buy an ever-lengthening list of items. Last week, a 2007 Porsche Cayenne sale was settled in the currency. But a house? Sure, why not. 23-year-old Taylor More is listing his grandparents home in the Canadian Rockies in Canadian dollars (C$) or Bitcoin—a minor detail More has yet to relay to grandma and grandpa.

Bitcoin Blows Up, Exchange Rate Jumps Ten-Fold in Recent Weeks

Recent headlines are humming over the booming digital currency Bitcoin—it’s either the next big thing or the digital equivalent of Tulipomania. Either way, there’s no debating the fact Bitcoin’s on a wild ride.
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PayPal Predicts Wallets Will Die by 2015…Thanks, but I’ll Keep Mine for Now

PayPal's Scott Thompson caused a bit of stir earlier this month by predicting the death of his competitors. Well, sort of. Thompson, both in a blog post and a video to his employees (see...

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