97% OF BLOCKCHAIN STARTUPS ARE ‘CHAINWASHING’ – R3’S TIM SWANSON

admin Bitcoin, Block Chain Hype, Blockchain News, blockchain technology, Coinwashing, Editable Blockchains, Smart Contracts 0 Comments

Chainwashing is the perfect term, coined by R3’s Tim Swanson to describe the current “Blockchain, not Bitcoin” hype that is hopefully nearing its peak.  PEAK BLOCKCHAIN HYPE? There is a lot of hype around Blockchain or Distributed Ledger Technology (DLT) today. According to a new survey by Synechron among 200 financial services business and IT decision-makers across the US, UK and Europe, over two-thirds (67%) of companies in the industry are actively pursuing blockchain initiatives. Moreover, 94%, believe that key leaders (board members) have bought into developing blockchain projects. Today, the blockchain space resembles the hype of cloud computing a few years ago, where companies can simply throw the “Blockchain” buzzword around simply to get investor attention. What was once known as “cloudwashing,” i.e. rebranding an old product or service by associating the buzzword “cloud,” has now become “Chainwashing,” according to Tim Swanson, Director of Market Research at R3CEV. Swanson noted in a blog post: We think the number of companies with legs will continue to increase over time but chainwashing will continue to be a noise pollution problem for the next few years in the enterprise world even after production systems have been integrated into institutions. Swanson spends much of his time filtering startups that his team at R3 speaks …

Bringing In and Breaking Out: 10 Bitcoin and Blockchain Predictions for 2017

Bringing In and Breaking Out: 10 Bitcoin and Blockchain Predictions for 2017

admin Bitcoin Awareness, Bitcoin Bank, Bitcoin Lifestyle, Bitcoin Services, Blockchain, Blockchain News, blockchain technology, CoinGreed, Cryptography, Ethereum News, Gold, Smart Contracts, World Politics 0 Comments

Blockchain had a good run in 2016 with a lot going on, including over $1.5 bln invested in startups, Bitcoin breaking out of the $700 resistance level and the likes of IBM and Microsoft betting the shop on this new pervasive technology. We saw Barclays Bank’s first live commercial banking transaction, Hyperledger’s very promising Corda technology coming of age and, of course, more attacks requiring more forks. In addition, the Scaling Conference in Milan showcased some amazing projects that bode well for Blockchain’s amazing future. So what does 2017 hold for the Bitcoin Blockchain? On par with gold Bitcoin will continue its rise from its three-year high to reach parity with gold, continuing the trend post the devaluation of the yuan, the withdrawal of large Indian notes, as well as the Trump and Brexit effect. Breaking out As 2016 was the year of the Proof of Concept, 2017 will be the year when Blockchain breaks out of the lab and into production environments. Forks Ethereum will continue to fork under constant attacks and will get stronger as Casper comes of age. Furthermore, Ether will continue to struggle to break through the $1 bln market capitalization. Smart contracts Banks will try …

fund my cause

Fund My Cause Review – Legit Opportunity Find Out Here…

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FundMyCause is a direct M2M donations platform where members voluntarily give and receive donations each month. It brings forth a new way of raising funds for various causes, whether it is for personal needs or a host of other worthy causes, such as schools, non-profit organizations, clubs, etc.     HERE IS A STRATEGY THAT WILL ENABLE YOU TO REACH YOUR GOALS FOR YOUR CAUSE IN THE SHORTEST TIMEFRAME LEVEL 1: CONTRIBUTOR 2 x 0.05 btc = 0.1 btc – 0.05 btc (move to 2) = 0.05 btc profit per month LEVEL 4: FUNDRAISER 16 x 0.2 btc = 3.2 btc – 0.5 btc (move to 5) = 2.8 btc profit per month LEVEL 2: HELPER 4 x 0.05 btc = 0.2 btc – 0.1 btc (move to 3) = 0.1 btc profit per month LEVEL 5: HUMANITARIAN 32 x 0.5 btc = 16 btc – 1 btc (move to 6) = 15 btc profit per month LEVEL 3: SUPPORTER 8 x 0.1 btc = 0.8 btc – 0.2 btc (move to 4) = 0.6 btc profit per month LEVEL 6: PHILANTHROPIST 64x 1 btc = 64 btc profit per month No More upgrades All monies go to your cause …