Cryptocurrencies Should be Enabled to Blacklist Criminal Holdings

Cryptocurrencies Should be Enabled to Blacklist Criminal Holdings
by Matthew Rosenquist on 09-03-2019 at 6:00 am

Cryptocurrency is seen as a new, wild, reckless, revolutionary, and sometimes shady financial instrument. In addition to legitimate transactions, a disproportionate amount of attention is paid to the criminal use of cryptocurrency to store wealth, collect payments, transfer illicit funds, and launder money. Malicious

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Newer cryptocurrencies highlight need for agile mining strategies

Newer cryptocurrencies highlight need for agile mining strategies
by Tom Simon on 03-07-2019 at 12:00 pm

Cryptocurrencies represent a radical departure from traditional forms of money. Currencies like Bitcoin, Etherium and Monero offer many unique advantages over traditional currencies, and are changing how money is created and used. Bitcoin, the pioneer of cryptocurrencies, relies on pure computational power for so-called… Read More


Cryptocurrency is the New Target for Cybercriminals

Cryptocurrency is the New Target for Cybercriminals
by Matthew Rosenquist on 01-02-2018 at 12:00 pm

As predicted, the rise of cryptocurrency valuation has captured the attention of cybercriminals. New hacks, thefts, misuse, and fraud schemes are on the rise. Where there is value, there will be a proportional risk of theft.Criminals always pursue and exploit systems where they can achieve personal financial gain. It is the Read More


Why Bitcoin is the largest Ponzi scheme in human history

Why Bitcoin is the largest Ponzi scheme in human history
by Vivek Wadhwa on 12-29-2017 at 12:00 pm

During the late ’90s, Silicon Valley venture capitalists and New York City investment bankers used phrases such as “monetizing eyeballs,” “stickiness,” and “B2C” to justify the ridiculous valuations of Internet companies. They claimed conventional methods were inapplicable in valuing the dot-com companies — which had noRead More


12 Myths about Blockchain Technology

12 Myths about Blockchain Technology
by Ahmed Banafa on 08-30-2017 at 12:00 pm

Blockchain, the “distributed ledger” technology, has emerged as an object of intense interest in the tech industry and beyond. Blockchain technology offers a way of recording transactions or any digital interaction in a way that is designed to be secure, transparent, highly resistant to outages, auditable, andRead More


#IoT: Internet of Tomatoes

#IoT: Internet of Tomatoes
by Diya Soubra on 11-18-2016 at 7:00 am

In a previous post we looked at how we are going to scale #IoT deployments. The conclusion was that we needed the notions of trust and privacy to be in place for that to happen. In a follow up post, we looked at using a middle man to provider a broker platform that would mediate transactions between server side service applications and… Read More


Emerging Disruptions from Blockchain

Emerging Disruptions from Blockchain
by Raman Chitkara on 07-04-2016 at 4:00 pm

For several years, Bitcoin has captured headlines not only for becoming the leading digital currency, but also for wild fluctuations in its value. Will Bitcoin succeed? The jury’s still out. But now the underlying technology – an encrypted, distributed digital ledger called blockchain – is riding a wave of adoption for many new… Read More


Is Now the Time to Buy Bitcoin?

Is Now the Time to Buy Bitcoin?
by mbriggs on 07-06-2014 at 9:00 pm

I have to admit I, thus far, have been the ultimate Bitcoin cynic. Watching the price go from $2 in the fall of 2011 to $1132 in December 2013 was dizzying. It seemed reminiscent of Dutch tulip mania. A bitcoin that is not backed by anything physical such as gold, or by a government, strikes me as only slightly less valuable than a tulip.… Read More


The Future of Money is Digital – Part 2

The Future of Money is Digital – Part 2
by Sam Beal on 02-23-2014 at 11:30 am

BitCoin Algorithm
Invented by a mystery person/group with the alias “Satoshi Nakamoto”. [You can read a consolidation of the paper here]. The essential elements are:

· Peer to Peer Network with self-validation
· Exponentially increasing compute cost
· Finite supply with exponential conversion
· Hidden in plain… Read More


The Future of Money is Digital – BitCoin Introduction

The Future of Money is Digital – BitCoin Introduction
by Sam Beal on 02-18-2014 at 5:00 pm

By now most people who read or listen to the news know something about Bitcoin (BTC). Most people have the perception that it is either the currency of crime or speculation. Put aside the perceptions and consider this. When is the last time you saw someone write a check in the grocery store, especially someone under 60? Today’s… Read More