Possible Spread of Blockchain Usage

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On a daily basis, companies are announcing new developments on the adoption of blockchain in core business operations.  However, many of these use cases present unique legal issues.  In order to provide some clarity on some of these issues, and perhaps to offer a blockchain-friendly environment for the operation of blockchain companies, state legislatures around the country are rushing to adopt blockchain-friendly laws.  Among the latest states to join are Florida and Nebraska. The Proposed Nebraska Laws Nebraska has three proposed laws pending: LB 695 contains concepts that are similar to those found in the Federal Electronic Signatures in Global and National Commerce Act, commonly known as the “E-Sign Act”.  It would give validity and enforceability to smart contracts and would authorize use of distributed ledger technology in the Nebraska’s Electronic Notary Public Act and the Uniform Electronic Transactions Act.  This would give legal effect to electronic notarial acts and make it easier for individuals and businesses to transact electronically. LB 691 would create the Nebraska Virtual Currency Money Laundering Act and update certain Nebraska state criminal statutes to address crimes involving distributed ledgers and virtual currency.  The statute includes the definition of distributed ledger technology (“DLT”) as “an electronic record of transactions or other data which is …

Realty group closes third Bitcoin-only transaction in Florida

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The Keyes Company revealed the third Bitcoin-only realty transaction in Florida closed this week.The Keyes Company’s Elizabeth Perez Group completed the sale of a Miami townhouse on Wednesday. This is believed to be the third such deal to close in Florida as both realty purchasers and sellers are beginning to embrace cryptocurrency, the company said.Manuel Perez of the Coral Gables, Fla.-based Elizabeth Perez Team listed the 1,321-square-foot townhouse on behalf of the seller and closed the sale for 41.35 Bitcoin, or $338,878, at the time of sale. The transaction’s seller and buyer were not disclosed.In recent weeks, the rate of Bitcoin has varied considerably, so how was this transaction safe from those wild swings?Perez told HousingWire that to protect both sides of the transaction, there was a fluctuation limit in place during the transfer duration for the cash.” The value was set in dollars, and the number of bitcoins was determined at the minute of the closing,” Perez described.”We worked out with the purchaser to have a variation limitation throughout the period of transfer, as a secure for both sides against a sudden crash or spike. Luckily, while there was some change, it was minimal by the time of receipt …

Elite Universities in U.S. Offering Increasingly More Cryptocurrency Courses

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Numerous elite universities in the U.S. have added– or are hurrying to add– cryptocurrency courses that teach about Bitcoin and associated record-keeping technologies.This term, graduate-level courses are available at Carnegie Mellon, Cornell, Duke, the Massachusetts Institute of Innovation, and the University of Maryland, among other schools. This assists highlight public interest in the technology throughout a number of academic fields, in addition to the assumption that it will last longer than the existing speculative rate bubble.David Yermack, a company and law professor at New york city University, started offering among the first for-credit courses on the topic back in 2014: “There was some mild ribbing from my colleagues when I began giving talks on Bitcoin,”he said.”But within a couple of months, I was being invited to Basel to talk with main lenders, and the joking from my colleagues stopped after that.” Last month, trainees crammed in to hear the first lecture of” Blockchain, Cryptoeconomics and the Future of Innovation, Company and Law,”which considered the development of Bitcoin versus the history of loan. For his class this semester, Mr. Yermack initially reserved a lecture hall that might fit 180 students, but he needed to move the course to the biggest lecture …

Cambridge Professional produces blockchain-based platform to help handle drug expenses

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Advancement firm Cambridge Professional has developed a free market trading platform for drug cost negotiation that’s based upon a public.The business states it’s an effort to assist repair the lack of openness around how drug rates are set– that by producing a set of so-called smart contracts on the Ethereum blockchain, it will enable a trust-based system for the trading of drug items as if they were products. “Drug pricing in the U.S. healthcare system is broken due to the fact that of the method the marketplace is established,” stated Jaquie Finn, Head of Digital Health, Cambridge Professionals. “By moving to a free market that produces price competition and enhances gain access to, there is a massive chance to fix it, offering the best innovation is in location.” The platform uses a set of five clever agreements that sit on top of the general public blockchain to make it possible for and authorize trades, inning accordance with Cambridge Consultants. Beyond sell-side and buy-side contracts, agreements for sale and for items required, the trading platform also consists of a smart agreement for FDA approvals that immediately verifies buy/sell orders, making sure the items being sold have regulatory approval.The goal is to …

Tomocoin– Has End Up Being The Ethereum of Vietnam

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http://www.youtube.com/embed/2HZ8nd8rf9A!.?.!Important Links: Site– https://tomocoin.io/BitcoinTalk Thread– https://bitcointalk.org/index.php?topic=2021785.0!.?.!Telegram Group– https://t.me/tomocoin!.?.!Blog– https://medium.com/tomocoin!.?.!Twitter– https://twitter.com/TomoCoin_io!.?.!Media Contact Business Call: Tomochain Contact Individual: Media Manager Email: [email protected]!.?.!Country: Vietnam Website: https://tomocoin.io/