Lawmaker predicts 2019 “the year of blockchain”
Minnesota’s Tom Emmer sees blockchain hype giving way to reality and more widespread use of the technology taking hold – as long as Congress helps clear a path.
Minnesota’s Tom Emmer sees blockchain hype giving way to reality and more widespread use of the technology taking hold – as long as Congress helps clear a path.
The Department of Homeland Security is looking for some innovative companies to get them on a blockchain. Smart contract tendering—among other applications—should be readily achievable by a company with some sensible approaches.
Techpertise together with TMW Systems …We’ve known for years that public blockchains needed a second layer for throughput and privacy, but only now are solutions for the largest networks being built out and tested.
Audits of Bitcoin transactions make it clear that a significant percentage of transactions are related to illicit activity, and the FBI is on the case. New technologies like cryptocurrency tumblers and coins like Monero are making it harder on law enforcement.
Techpertise together with TMW Systems …We explore blockchain’s scalability challenges and some recent techniques that attempt to solve the problem, along with the tradeoffs involved.
SEC’s Jay Clayton has dismissed the idea of amending securities law to suit ICOs and mentioned that if IPO comes with a token it should be considered a security.
The top managers in the space are acknowledging that cryptos are a thing, but just how much of your net wealth should you put into them?
Uber AV kills pedestrian in Arizona; XPO Logistics takes its app to Europe; CSX has no apologies; China COSCO building methanol fuel plants in Louisiana; air cargo markets may see slower growth; Covenant stock hits a 52 week high.
While blockchain and Bitcoin were invented simultaneously, there are a lot of applications of blockchain technology in transportation and logistics that don’t depend on cryptocurrencies.
Thousands of European cryptocurrency debit card users were left in the lurch when Visa suddenly discontinued their services to crypto debit card issuer WaveCrest earlier this month.
The value of Bitcoin may fluctuate, but the level of energy consumption needed to mine the currency is shooting straight up. This begs the question- will countries with cheap electricity reconsider this as they are forced to look at dirty forms of power?
The value of Bitcoin may fluctuate, but the level of energy consumption needed to mine the currency is shooting straight up.
Could the bitcoin bust be good for blockchain technology?
By the first week of December, the DAT weekly spot market price for dry-van loads had reached $2.09 (including fuel surcharge) or almost 30% higher in just 9 months. This is an extraordinary, but what is more extraordinary is the fact that the trucking marketplace is more than 3 times the size of the Bitcoin market capitalization, which has grown 22% in 12 months.
Let go of your fear-of-missing-out (FOMO): the blockchain revolution is just beginning.
Just as people are getting used to the concept of blockchain and Bitcoin, now we have something called initial coin offerings (ICOs), which use cryptocurrencies to raise money. Sometimes called token sales or TGEs, they are becoming a popular way for companies, especially startups, to raise funds.
For the uninitiated, systems built on cryptocurrency can be unfathomably complex, with confusion exacerbated by their constantly changing nature. Unfortunately, in the world’s modern business climate, understanding these intricacies is critical to nurturing a thriving business. There may be no aspect of technology that is more greatly tied to this truth than that of smart contracts.
Bitcoin has been on a wild-ride and some people think the future is zero. This will be a good thing for commercial blockchain applications.
There is a new option that companies are flocking to quickly raise capital: an ICO – initial coin offering. But there are inherent risks in doing so, and they may be too great to overcome for transportation firms.