VideoCoin: Halsey Minor’s Creation is Coming for a $30 Billion Dollar Industry

VideoCoin debuted its blockchain-powered video infrastructure platform dubbed the VideoCoin Network this week, along with the listing of the native VID token on KuCoin and Beaxy cryptocurrency exchanges. This launch enables VideoCoin users to live stream video content, as well as be compensated for hosting the streaming services. We got a chance to interview VideoCoin Founder Halsey Minor on what this announcement means for the video streaming industry, obstacles his team faced in the past few months, and a few subjects off the beaten path such as Facebook Libra. Halsey Minor borrows from an amalgam of unique high-level entrepreneurial experiences to pioneer yet another industry. Minor started one of the world’s largest media publications (CNET), co-founded one of the most successful cloud-based software companies (Salesforce), founded a cryptocurrency exchange (Uphold), and founded a virtual reality company that created the first live-stream 360-degree virtual reality ca…
Read more
  • 0

China’s Digital Currency Wants to Compete With Bitcoin – But It’s Not a Crypto

The Takeaway: A review of over 50 patent applications submitted by the People’s Bank of China shows the design of its central bank digital currency will only resemble a cryptocurrency in limited ways. A senior official at the central bank said the effort will be helpful to “restrain public’s demands for crypto assets and to strengthen the country’s sovereign currency.” Far from emulating the decentralized aspects of ether and bitcoin, the official emphasized the issuance of the central bank’s digital currency will stick to a centralized management model. China may be about to launch a fiat digital currency, but in all likelihood, it will only resemble a cryptocurrency on the surface. And it probably won’t use a blockchain. While inspired to some degree by bitcoin and the like, the effort is explicitly framed as a strategy to beat them back. The project was thrust into the spotlight last weekend when a senior official from the People’s Bank of China (PB…
Read more
  • 0

CoinCentral Joins First Blockchain VR Network

Blockchain VR Coincentral is excited to announce a partnership with the  Blockchain Virtual Reality (VR) Network (BVRN), created by Live Planet, Inc. Live Planet is a pioneer of advanced media technology infrastructure, and it just announced the forthcoming launch of the first VR network built specifically for the blockchain industry. The Network will feature in-depth and engaging VR programming from top blockchain industry influencers including Bad Crypto Podcast, Crypto Trader, Boxmining, BLOCKTV and CoinCentral.com, all shot with the Live Planet VR System, the world’s most advanced end-to-end capture and distribution system for immersive video, and the first application using VideoCoin Network technology, a decentralized video encoding, storage, and content distribution system. The Network uniquely enables influencers to engage audiences in new, exciting and creative ways, growing their following and deepening their relationship with their existing fans. The Blockchai…
Read more
  • 0

When to Buy Bitcoin: A Guide to Stacking Satoshis

Gaining a better understanding of when to buy Bitcoin can help you take your investment strategy to the next level. It has been an interesting year for Bitcoin and the entire cryptocurrency market. The crypto market shed the majority of its 2017 gains this year as market corrections kicked in. These losses left many investors with difficult decisions to make, such as when to sell Bitcoins, and should I buy Bitcoin now? The important thing to remember is that there isn’t one particular style of investing that fits everybody. Choose Your Strategy When it comes to investing in Bitcoin, there are a couple of popular strategies to follow. In the end, you may find that a combination works best for you. This is normal and finding the right balance increases your return on investment (ROI) and reduces your stress levels in times of market corrections. Let’s explore two popular Bitcoin trading strategies. Long-Term: HODL The Bitcoin HODL (hold on for dear life) community is strong a…
Read more
  • 0

How to Use a Bitcoin Paper Wallet to Keep Your Crypto Safe

As a crypto investor, it’s paramount that you understand the different ways to keep your Bitcoin safe. While most of the media attention focuses on hardware and software wallet solutions, there is another effective way to store your Satoshis: a Bitcoin paper wallet. This form of crypto storage is used by some of the biggest Bitcoin investors in the world. The Winklevoss Twins, the world’s first Bitcoin billionaires, reportedly keep their crypto in cold storage on paper wallets. The paper wallets are cut into pieces and stored in different bank safety deposit boxes throughout the country. While this level of security may be a bit of overkill for most people, it does showcase the effectiveness Bitcoin paper wallets bring to the market. Luckily, there are much easier ways to employ a Bitcoin paper wallet strategy. How a Bitcoin Paper Wallet Works A Bitcoin paper wallet is a print out of your private keys. By printing out your private key, instead of saving it on your P…
Read more
  • 0

Elixxir CEO David Chaum: “Blockchains Lack the Ability for Privacy at Scale”

When most people think back to the origins of cryptocurrency, their minds turn to the 2008 white paper and the appearance of Bitcoin the year after. While no one knows for sure who the real creator of Bitcoin is, and there have been plenty of theories, the name Satoshi Nakamoto conjures images of a Japanese computer scientist. But while no one knows the face, there’s not a person in the industry who hasn’t heard the name. Something that’s probably the exact opposite with David Chaum. You may not have heard of him, but if you’d seen him speaking or doing the rounds on the conference circuit, you would never forget his face, or his invention. Who is David Chaum? The CEO and founder of Elixxir and the inventor of digital cash (which, by the way, goes a lot further back than 2008). Larger than life, impossibly tall with a long white beard and undeniable presence, I caught up with David at Web Summit in Lisbon to find out more about his blinding algorithm, why he felt compe…
Read more
  • 0

Private Blockchains: Why Crypto Investors Should Care

The ICO has become almost inseparable from the idea of a blockchain startup. It’s now the go-to means of raising capital for development teams convinced they are onto the next big thing. The sheer volume of ICOs has led to a proliferation of new tokens entering the market and, almost inevitably, an ever-expanding graveyard of projects that are now dead for a variety of reasons. ICO Success or Failure – What Is the Secret Sauce? For the individual investor who is still looking to crypto as a means of getting decent returns, it can be near impossible to work out whether or not a project is likely to succeed or fail. True, there are many practical checklists out there that can help potential investors navigate through the minefield of judging the long-term potential of a white paper or a development team. But there are also other indicators of whether or not a blockchain startup is likely to do well. Rather than trusting a checklist, we can also look at a different model of r…
Read more
  • 0

Virtual Coin | The History of Bitcoin’s Predecessors

To understand cryptocurrency, you first need to understand the history of the virtual coin. Virtual coin, or digital currency, differs from traditional fiat currency in that there is no physical representation to accompany each unit of value. Long before the crypto craze of 2017, there were the pioneers of electronic cash. These early financial freethinkers shaped the market and prepared the world for the digitization of the economy. Fast forward to today’s crypto market, and thanks to the efficiency of blockchain technology, you now see digital money experiencing increased adoption globally. Virtual Coin Before Bitcoin Over the last twenty years, virtual currency payment systems have flourished. These systems existed long before the advanced blockchain technology of today made virtual coins, such as Bitcoin, a household name. Virtual currencies are not considered a legal tender in most countries for many reasons. Governments do not issue these coins. Instead, virtual c…
Read more
  • 0

What Is Cloud Computing? | The Basics of Digital Outsourcing

Cloud computing: the synergistic boardroom buzzword that you still pretend know about. Luckily, it’s a pretty simple idea, technically demanding, but simple none-the-less. On paper, cloud computing is just another way for humans to share resources and increase production. When you use cloud computing you are essentially outsourcing a computer-related task the same way a company may choose to outsource a task like accounting, manufacturing, customer support, or human resources to name a few. Cloud computing instead outsources tasks such as data storage, web server hosting, Bitcoin mining (warning), and software management among others. What’s All the Fuss About? In order to really understand the perks of cloud computing let’s paint a picture of two similar e-commerce businesses. Both businesses are selling a product and using a website as their primary sales portal. Both are also new businesses with a small customer base but can reasonably expect to increase traffic t…
Read more
  • 0

Interview With Baya’s Jason Freedman

Superpowering Baya Commercial Real Estate with Blockchain When it comes to the commercial real estate, many often find themselves locked outside an esoteric community and forced to deal with imperfect information in a constantly changing landscape. Baya is offering an open exchange platform for commercial real estate information that showcases everything from properties, availabilities, leases, and transactions. It utilizes blockchain to record and validate data from landlords, tenants, and brokerages and helps these parties monetize their data. Jason Freedman is a team member at Baya and is the founder of 42Floors, a top commercial real estate data company. Jason has over two decades of experience as an entrepreneur with two venture-backed exits. Baya aims to disrupt the commercial leasing environment. Can you tell us what problems exist there currently and what made you decide to zero-in on this space? Commercial real estate is an interesting study in the hid…
Read more
  • 0

Splitting Bits v2: Understanding Bitcoin and the Blockchain

Splitting Bits takes the Bit World of Bitcoin and the Blockchain and splits it into bite sized pieces for your digestion pleasure. We explain Bitcoin for what it is - a digital currency, not so different from fiat currencies such as the Euro or Yen. Splitting Bits is the natural sequel to Splitting Pennies - Understanding Forex. A new Bit Paradigm has begun and the computer arms race to mine and hash and mint your own coin is important for everyone to understand. Blockchain is the most explosive, potent technology ever which is about to change the world, starting with Wall St. Bitcoin may be a 'fad' but the underlying Distributed Ledger Technology (DLT) is the new standard in Currency Trading, Banking, Securities, and new markets yet to be created. Old systems will be renovated and re-invented. Blockchain is spreading faster than a virus around the world where soon a "Kodak Moment" will make businesses obsolete (such as when Smartphones make Kodak irrelevant). If you're f…
Read more
  • 0

Blockchain: From Concept to Execution

Nine years on, yet blockchain is still in it’s infancy. This book is an one-stop guide that would be the ultimate handbook to get on overview of blockchain, the technology behind it and different use cases where this could be applied. this book includes, bitcoin (ist generation), ethereum, hyperledger, r3 corda, ripple, multichain (2nd generation) and iota (3rd generation) blockchain frameworks. Implementation details and proof of concept for most of these frameworks. -use cases and pocs in banking, finance, insurance, travel, manufacturing and supply chain domains to know where to use which framework. -blockchain-as-a-service explaining support from aws, azure etc. for development and testing of blockchain frameworks. -the book also discusses microsoft’s coco which is a blockchain-as-a-service framework to plug-in many blockchain and dlt frameworks to run on azure. -smart city implementation using blockchain and IOT the book would be mose suitable for business leaders and arch…
Read more
  • 0