Today, we have the liberty to source an apartment space globally, with AirBnB, or to find a qualified person for manual labor via TaskRabbit. In spite of this accessibility, there are still gaping inefficiencies for users of these systems. It was blockchain that identified these flaws, and it will be
Great tech events often feature a stunt or two that attendees will be talking about long after the conference hall has closed its doors; on this front, CUBE Tech Fair 2018 certainly delivered. Attendees got to witness an audience member pilot a drone with his mind (thanks to Emotiv’s President
The rise of financial technology and digital payment solutions is helping the world go cashless. Cashless payment methods now cover a wide range of technologies – there are physical cards, online gateways, mobile apps, and digital wallets. Blockchain-enabled payments and cryptocurrencies are also on the rise. Methods are enjoying varying
The money in your pockets has three basic traits – it’s tangible, centrally regulated and easy to counterfeit. Bitcoin is the exact reversal of it. Bitcoin is a cryptocurrency that operates independently without banking institutions and the government meddling into its affairs. There’s nothing physical about it – it’s all
Bitcoin is currently trading at over $1250 and if you are someone who invested a grand in bitcoins back in 2011, your investments are potentially worth over $600K. The most valuable contribution of the bitcoin community is not in the financial returns itself, but in the introduction of blockchain technology.
Blockchain is a peer-to-peer (P2P) distributed ledger technology that enables transparent transactions. Satoshi Nakamoto’s pioneering work in using Proof-of-Work (POW) for solving the double spending problem sparked a worldwide interest in the field of distributed, trustless consensus systems. Although POW is not a new idea, the way Nakamoto utilized it
From Decentralized Model Exchanges to Model Audit Trails [This is based on a talk I first gave on Nov 7, 2016. Here are the slides.] In recent years, AI (artificial intelligence) researchers have finally cracked problems that they’ve worked on for decades, from Go to human-level speech recognition. A key
Despite some ups and downs over the years, Bitcoin is still hanging round as an alternative currency. There are those who still believe that the future is bright, and that Bitcoin may just represent the future of money. Indeed, we’re still pretty early in the life of the leading cryptocurrency.
We have already learned the basics of the blockchain cryptocurrencies (like Bicotin) in WTF Is The Blockchain? A Guide for Total Beginners. Cryptocurrency exists solely in digital, and the chain is completely decentralized, enabling it to never just “go down.” Transfers are verified by the hard work of miners, who
Blockchain: the single most confusing term since Bitcoin. Everyone has a vague idea of what it does. It’s either the ultimate evolution of financial technologies, or a silly fad that can be summed up in the disconcerting phrase: “dogechain.” In reality, major companies around the world have already shown favor