Uses For The Blockchain

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Using blockchain for Silk Road
July 21, 2017

Using blockchain for Silk Road

Charlie Shrem sometimes describes himself as bitcoin s first felon. At the age of 22, he was arrested for his role helping people buy the digital currency, which was then used to buy illegal drugs on the website Silk Road. Shrem was released from federal prison last July. Keith Romer from our Planet Money team reports on what happened to Shrem in prison and what…

Use blockchain for voting
July 19, 2017

Use blockchain for voting

Australia Post is looking to move into the business of running elections, and plans to use the blockchain as a central pillar of its plan. In a submission to the Victorian Electoral Matters Committee, the government-owned postal service said community expectations were driving the push towards digital voting, and it would be looking to put its prior work with…

Bitcoin exchange rate USD history
July 15, 2017

Bitcoin exchange rate USD history

The BNC Bitcoin Liquid Index (BLX) API, calculates a USD price point for one bitcoin at tick intervals of 30 seconds, as calculated by the extensive BNC-BLX methodology. This API offers a live feed & support for fine granularity historic tick-data for bitcoin market trading, dating back to the beginning of trading on MtGox in early 2010. End-of-Day (EOD)…

Using the blockchain as an audit
July 11, 2017

Using the blockchain as an audit

Blockchain promises a world where all transactions can be logged, viewed and monitored in real time. There are potential implications for a wide variety of sectors and professions, not least accountants and auditors. Nick Martindale investigates what it could lead to Back in the early 1990s, very few people had heard of the internet, let alone had any inkling…

Use blockchain for Genomics
July 7, 2017

Use blockchain for Genomics

A service to backup your DNA. We help you get your DNA sequenced, and then upload it into the Bitcoin network. This spreads your genetic material to thousands of computers all across the globe. How does it work? We send you a kit to collect a spit sample. It gets forwarded to a DNA sequencing provider that creates a data version of your genome. Finally, we store…

Bitcoin Exchanges (USD)
July 5, 2017

Bitcoin Exchanges (USD)

Bitcoin exchanges allow you to buy or sell bitcoins, the ask price is the lowest price a seller is willing to accept for their bitcoin. The bid price is the highest price a buyer is willing to pay for your bitcoin, you can click the bid price column heading to re-order the bitcoin exchanges by bid price. Spread is the difference between the ask and bid prices…

Bitcoin Converter BTC
July 3, 2017

Bitcoin Converter BTC

Keep an eye on the Bitcoin price, even while browsing in other tabs. Simply keep this site open and see the live Bitcoin price in the browser tab. (Note: Some mobile browsers don’t yet support this feature.) See how many bitcoins you can buy . Enter an amount on the right-hand input field, to see the equivalent amount in Bitcoin on the left. See the value of…

Using blockchain for identity
June 4, 2017

Using blockchain for identity

Will the vastly-hyped tech solve the digital ID challenge? CURE-ALL OR SNAKE OIL? Step right up, step right up. I am here today to tell you about the cure to all your information technology woes. It has a name, just one word… Blockchain! This distributed ledger system will do it all. It will solve identity and access management woes, modernize banking systems…

Using blockchain for data storage
May 21, 2017

Using blockchain for data storage

In April, we were invited to Microsoft to talk about our decentralized identity work and the underlying technology that we re building. The visit included a talk at Microsoft Research (MSR), which is embedded below. Speaking at MSR was especially interesting, because researchers in distributed systems are not paying enough attention to the blockchain and it d…

Using blockchain for insurance
May 9, 2017

Using blockchain for insurance

Customer Identity: A consortium of insurers, KYC databases and notary networks can verify the identity of its customers and store it in a shared ledger. Any new customer coming to the network will submit his identity proof and the notary will be able to validate the data by comparing it with the government databases which will be executed outside the network…

Bitcoin to USD Converter
April 9, 2017

Bitcoin to USD Converter

He world is abuzz over Bitcoin. The virtual currency has become a global phenomenon reaching an all-time high of more than $250 USD in early April. That record was short-lived however, as a near-panic sell-off halved its value within days of reaching the milestone. We recently added Bitcoin to the OANDA Currency Converter. We admire it as an interesting experiment…

Bitcoin US
March 25, 2015

Bitcoin US

Translator / Author My name is ShiLiangHuang, or you can call me ‘Lightning, ’ I m am from China, now living in Shenzhen. I am a mechanical design engineer with eight years of experience in engineering design and project management. From 2006-2014, I worked for two companies in Beijing. I have designed a lot of products and also have two patented products. I…

Uses for the blockchain
June 2, 2015

Uses for the blockchain

While everyone was busy putting together end-of-year lists for the payments space, Nasdaq pulled a potentially groundbreaking move. On Dec. 30, the company announced it made the first share trade ever Unveiling Linq unnamed technology investor, Quartz reported. “We believe this successful transaction marks a major advance in the global financial sector and represents…

Using blockchain for security
December 29, 2015

Using blockchain for security

Specifically, there are two concepts lurking in the Bitcoin phenomenon that are considerably more important than the currency itself: the decentralized transactions database, or block chain, and the idea of “programmable currency, ” which really is more about adding a scripting API to extend the block chain construct than it is about money. The direction this…

Bitcoin to US Dollars
May 12, 2016

Bitcoin to US Dollars

Even before the inauguration of President Donald Trump, the value of the US dollar continuously declined due to several remarks made by the President. Whilst speaking to the media including the Wall Street Journal, Trump stated that the strong performance of the US dollar is restricting international trades and thus negatively affecting the US economy. Upon the…

Bitcoin to USD history
January 19, 2017

Bitcoin to USD history

Bitcoin’s recent bull run continues to set new records all over the world. After establishing a new all-time high in USD and EUR yesterday, the previous GBP record has been shattered as well. For the first time in history, one BTC is worth more than 1, GBP. This is also the first time bitcoin surpasses the 1, mark of every major currency in the world. All things…

Uses of blockchain
January 31, 2016

Uses of blockchain

I. Financial Instruments, Records and Models Currency Private equities Public equities Bonds Derivatives (futures, forwards, swaps, options and more complex variations) Voting rights associated with any of the above Commodities Spending records Trading records Mortgage / loan records Servicing records Crowd-funding Micro-finance Micro-charity II. Public Records…

Bitcoin Graph USD
March 8, 2017

Bitcoin Graph USD

Surely a whole range of you notice in last month an increased interest in the virtual currency bitcoin. The purpose of this article isn t to describe the functioning of this virtual currency, we won t occupy with its history or with “bitcoin mining”, we won t give here bitcoins for free. This article is more focused on possibilities of its trading on the stock…

Using Blockchains for IoT
April 9, 2016

Using Blockchains for IoT

Why is everyone so interested in blockchain, and what does that interest mean for the Internet of Things? Blockchain is beginning to play a major part in the Internet of Things by enhancing security, enabling inclusion of low-value devices to be increasingly viable and making managing a device easier for decades to come. Blockchain builds trust with accountability…

Use blockchain to store data
January 3, 2015

Use blockchain to store data

Blockchains, by design and definition, defines a specific type of database… they are a write once read only database. What that means is, they are designed to be only ever created, and not edited or deleted. This makes them immutable (ie unchangeable), and historically accurate (ie data entered and fixed in a certain point of time). You can think of it as an…

Use blockchain as database
May 24, 2015

Use blockchain as database

If you understand the core innovations around the blockchain idea, you’ll realize that the technology concept behind it is similar to that of a database, except that the way you interact with that database is very different. The blockchain concept represents a paradigm shift in how software engineers will write software applications in the future, and it is one…

Uses of blockchain Technology
June 2, 2016

Uses of blockchain Technology

The Goldman Sachs logo is displayed on a post above the floor of the New York Stock Exchange, September 11, 2013. REUTERS/Lucas Jackson Is the hype around blockchain justified? asks Goldman Sachs in a blockbuster 88-page note sent to clients this week. The financial world has been going crazy for blockchain technology for the last year or so, hypothesising how…

Bitcoin ATM in USA
May 18, 2015

Bitcoin ATM in USA

New ATMs were installed in United States (+4), Canada (+3), Italy (+2), Finland (+1) and Netherlands (+1). United States World of Vapor in Indianapolis became home for Skyhook machine. Another Skyhook machine was installed in Milwaukee at 414 Glass & Grooves. The machine doesn’t support KYC procedures however the owner of the shop writes down the ID details…