How the Blockchain is Recording the Interests these days’s Internet-fueled Youth

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Talk of blockchain technology is seemingly everywhere these days. While the underlying concept is not new by any means, its worldwide usage didn’t begin until a few years ago. In 2008, the world was introduced to Bitcoin, the first cryptocurrency on the market. It was also the first large-scale application of the blockchain. This technology underpins Bitcoin since it allows a public and distributed database of transactions, called a ledger, to be maintained. This ledger resides on several computers around the world. When a transaction takes place, it is updated and can be verified everywhere, enabling Bitcoin’s original vision of decentralization. In the time since the introduction of Bitcoin, the use of blockchain technology has gone beyond just cryptocurrency though. Even governments such as China and India have taken great interest in integrating the technology within their country’s infrastructure. In this article, we’ll take a look at the influence of blockchain technology in several industries around the world and how companies are using it to target younger generations. Media The media is probably one of the prime industries to benefit from transparency and trust, which is why it was only inevitable for the blockchain to be used for the purpose. …

Bitcoin Price Technical Analysis for 11/15/2017 – New Record Highs in Sight?

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Bitcoin Price Secret Emphasizes Bitcoin rate looks ready to resume its climb as it bounced off the area of interest and retracement level on its long-term chart.Applying the Fibonacci extension tool reveals the next upside targets.Price is approaching the 38.2 %extension simply past the$7000 mark while technical indicators suggest uptrend continuation.Bitcoin cost is resuming its climb after finding assistance at a location of interest and setting its sights on the Fib extension levels.Technical Indicators Signals The 100 SMA is above the longer-term 200 SMA to indicate that the course of least resistance is to the benefit, which implies that the rally is most likely to continue than to reverse. The gap in between the moving averages is expanding to reflect enhancing bullish momentum.If this maintains, bitcoin rate could go up to the 38.2%extension past$7000 then to the 50%extension near the record highs and $8000 mark. The 61.8%extension is at $8642 then the 76.4 %extension is at$9358. The complete extension is all the way as much as $10514.63. Stochastic is simply making its escape of the oversold region to reflect a return in bullish momentum. A bullish divergence can be seen as this oscillator made lower lows considering that mid-October while …

Bart Chilton Doesn’t Think Bitcoin Is a Fraud, Thinks It’s Sustainable

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Previous U.S. Trading Commissioner Bart Chilton has actually stated that bitcoin isn’t a fraud, however that it’s a sustainable currency.His remarks remain in reaction to former Federal Reserve Chairman Alan Greenspan who just recently raised concerns about the digital currency’s sustainability. According to Fox Business, Greenspan stated: Human nature is such that if you get something such as Bitcoin, you believe there is some worth there, whether there is or there isn’t really. Chilton, nevertheless, believes in the cryptocurrency. So much so, that he reacted by saying: I do believe it’s sustainable, I do not know if it’s sustainable at these costs. I imply, the only distinction is, with Chairman Greenspan is that, you understand, individuals want to pay for it and so if they’re ready to pay for it there is a demand.Critics, though, have actually spoken out versus bitcoin. The most popular is Jamie Dimon, JPMorgan Chase CEO, who said in September that the digital currency was’ a scams, ‘adding that it was’ worth nothing. ‘Chilton added: I don’t think it’s, you understand, a scams, like Jamie Dimon said, or a pyramid plan like President Putin said, I mean, individuals are really utilizing Bitcoins to buy things. So, …

Kaspersky Laboratory and Parity Technologies Introduce Blockchain-Based Ballot System

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Kaspersky Lab and Parity Technologies Launch Blockchain-Based Voting System Cybersecurity company Kaspersky Lab unveiled Polys, a secure online voting system based on blockchain technology and backed with transparent crypto algorithms, at the companys annual Cybersecurity Weekend event in Dublin.Online voting imposes extremely stringent requirements on the security of every aspect of voting, notes the Polys website. We believe that the blockchain technology is the missing link in the architecture of a viable online voting system.In our Kaspersky Lab Business Incubato