How the Blockchain can be Applied to Ownership

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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How Ascribe Uses Bitcoin Tech to Help Underserved Artists

"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....

Goldman Sachs Analyst on Blockchain Technology and Asset Ownership

Large companies are currently zooming in on the potential applications of blockchain technology on various industries. In the financial industry, online retail giant Overstock has begun experimenting with cryptosecurities and a trade settlement system based on blockchain technology. For Goldman Sachs analyst Heath Terry, the distributed public ledger could have "massive implications" for asset and ownership transfers. In Honduras, the government has enlisted the help of blockchain technology companies to create a secure land registry and seems to be enjoying its advantages so far.....

Hong Kong Looking Seriously at Blockchain for Mortgage Solutions

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....

Car Ownership Numbers Dwindle Due to Decentralized Alternatives

Car ownership is no longer as valuable of a commodity as it used to be a decade ago. In this day and ago, car-sharing and ride-hailing services are providing a viable alternative to owning a car, without the surplus of hassle in terms of maintenance, gas prices, and whatnot. Furthermore, the recent Volkswagen scandal is hurting the prospect of car ownership even more, as consumers are losing faith in car manufacturers. The sharing economy model, which may very well include Bitcoin and blockchain technology, is looking more and more appealing. Our society is an ever-evolving creature, and....

How Blockchain Gaming Is Evolving The Way Games Are Played

With the gaming industry continuing to grow in size and value, some companies are looking into building games around Blockchain to take advantage of cryptocurrencies, tokens, and their benefits. Whether it might be a trading card game, MMO or RPG, the use of virtual currencies in games is getting popular. Blockchain-backed assets. In recent years, games have entered the markets using Blockchain features such as wallets or tokens to secure and back in-game items. This way players have more ownership of the items or currency they loot and purchase. With a Blockchain record, players are....