How the Blockchain can be Applied to Ownership
While mainstream media is just now catching on about Bitcoin, some entrepreneurs have been looking into the various possible uses for the blockchain technology for a while. These visionaries are looking for ways to incorporate the blockchain into already-existing corporate structures. That way, blockchain technologies can augment current procedures and....
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"The creators of the Internet are getting a raw deal." So says Trent McConaghy, CTO for Ascribe, a startup that is using the bitcoin blockchain to timestamp intellectual property and create a sustainable ownership structure for artwork and other digital media. In a new interview with CoinDesk, McConaghy, co-author of a recently published white paper "Towards An Ownership Layer For The Internet", explained how his startup is aiming to provide a foundational layer for artists and other independent creators to establish ownership over their works on a decentralized database - the bitcoin....
Many would have others believe that NFTs are nothing more than tradable JPEGs, but this couldn’t be further from the truth. NFTs: Revolutionizing Ownership NFT stands for Non-Fungible Token – “Non-Fungible” meaning a unique signifier of ownership, and “Token” meaning a cryptographic record in a blockchain. Put together, NFTs are unique records of ownership that are stored in a blockchain. Since NFTs represent ownership, their potential applications are only limited by the human imagination. NFTs are already being used to sell music, heroes in blockchain games, and digital land from....
Many would have others believe that NFTs are nothing more than tradable JPEGs, but this couldn’t be further from the truth. NFTs: Revolutionizing Ownership NFT stands for Non-Fungible Token – “Non-Fungible” meaning a unique signifier of ownership, and “Token” meaning a cryptographic record in a blockchain. Put together, NFTs are unique records of ownership that are stored in a blockchain. Since NFTs represent ownership, their potential applications are only limited by the human imagination. NFTs are already being used to sell music, heroes in blockchain games, and digital land from....
This week the mining operation Applied Blockchain announced that it is changing its company name to Applied Digital. Furthermore, the mining operation released 2022 financial results and operational updates that noted that the mining firm entered a purchase agreement on August 15 for land in North Dakota. Applied Digital Enters Purchase Agreement on August 15, Groundbreaking Planned for Q3 2022 Another mining company is reporting expansion updates as Applied Digital (formerly Applied Blockchain) has revealed it has entered a purchase agreement on August 15. The deal will add a second....
Hong Kong is one of the most important financial centres of the world, but with limited space and high demand, property in Hong Kong has always been in short supply. Simplifying home ownership in Hong Kong is therefore a prime concern for the Hong Kong government, which has undertaken a number of measures in the last few years to make home ownership both affordable and easy. The Nikkei Asian Review reported that as recently as early November, the Hong Kong government raised stamp duty to cool down the boiling Hong Kong housing market. This measure of the government was mainly aimed at....