Google Is Betting Big on Blockchain

Over the course of the last year, investors have become increasingly fascinated with the emergence of both cryptocurrencies and the underlying blockchain technology that enables the exchange of digital dollars. The ability to securely record transactions has the potential to revolutionize any number of existing industries, and is being explored by a number of big tech companies.

While estimates vary, the market for blockchain technology could produce compound annual growth of 42.8%, reaching $14 billion by 2022, according to data provided by Netscribes. Some forecasts are even more enthusiastic, estimating that the market will grow from $708 million last year to $60.7 billion by 2024, according to a report by Wintergreen Research.



Civil, New Network of News Sites, Is Powered by Blockchain

Journalism has a billionaire problem.In recent years, wealthy moguls with an axe to grind have taken it upon themselves to shut down news sites. Gawker is gone thanks to Peter Thiel, and Joe Ricketts gutted DNAinfo and Gothamist after the newsrooms unionized.But a new platform is protecting journalists from these powerful potentates, with help from blockchain technology..


Bitcoin mining leads to an unexpected GPU gold rush

Bitcoin and other cryptocurrency miners have created a dearth of mid-range and high-end GPU cards that are selling for twice as much as suggested retail. The reason: miners are setting up server farms with the cards.


Bitcoin price bounce: NVIDIA’s faith in crypto

This week bitcoin prices bounced at the trendline forged approximately one half year ago at the same time as NVIDIA signaled support for crypto. NVIDIA CEO Jensen Huang spoke to Jim Cramer on Mad Money TV, suggesting that cryptocurrency was “here to stay” regardless of the fact that it’s not one of the company’s main


6 Questions to be asked before choosing a blockchain app

Currently, a new model is being actively formed creating scalable and efficient applications, the foundations of which were laid by Bitcoin technology. Basically cryptographic transaction registration model with limited resources and peer-to-peer technologies. These characteristics served as a starting point…


8 Things to Consider Before Hopping on the Blockchain Train

While blockchain holds great promise for some applications, companies have to understand the various challenges.
Blockchain is likened to the Internet in terms of its ability to boost a business’s reach and reduce expenses. This has positive connotations, but as a new technology, it’s often misunderstood. Just as companies with no use for the online world sought to establish a website during the dot com boom, a similar pattern is emerging of businesses piling into blockchain for all the wrong reasons.


Blockchain isn’t the only tech behind Bitcoin

At the Blockchain Africa Conference held in Johannesburg, South Africa, prominent bitcoin and security expert Andreas Antonopoulos criticized banks and technology firms for treating the term “blockchain” as interchangeable with public blockchain networks – bitcoin in particular.

This is highly erroneous because the blockchain is just one of many technologies that supplement the bitcoin network and allow it to function as a decentralized, distributed, and peer-to-peer financial network.


Blockchain isn’t the only tech behind Bitcoin

Early sharing economy enthusiasts had a clear vision for the peer-to-peer marketplace: path towards sustainability, empowerment of individuals, and new job opportunities for the disadvantaged. However, the sharing economy’s giants such as Uber and Airbnb quickly overtook the marketplace, painting a vastly different picture.

While they provide convenience and efficiency, there’s a price to pay: low wages and job insecurity. As a result, we’ve seen a number of workers across the globe take it to the streets to voice their dissatisfaction with unfair work practices.