Decentralized Services Responsible for On-demand Worker Class Creation?
Decentralized and so-called on-demand services are facing a lot of uphill struggles these days. Not just due to the legal and regulatory considerations, but there is one major topic of debate that has not changed since day one. Is an on-demand contract an employee, a self-employed person, or should they be categorized differently? By the look of things, that last option seems to be the best choice for now. Whether or not the creation of an on-demand worker class would less the scrutiny from government officials against decentralized services remains to be seen, but the idea does seem to....
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Decentralized crowdfunding startup Swarm has announced the first class of businesses that will feature on its bitcoin-powered platform. The crowdfunding platform's application process saw a number of groups submit applications, with a select few advancing to the video presentation stage. Entrepreneurs hoping to take part in the initiative pitched their projects, all emphasizing the importance of decentralized innovation. The company now says that five companies and organizations comprise its first class: Manna - a developer of smart personal drone networks. Coinspace - an operator of a....
Crypto moved to the center of Washington’s latest North Korea sanctions action on March 12, after the US Treasury’s Office of Foreign Assets Control designated six individuals and two entities tied to DPRK-run IT worker schemes. For the digital asset industry, the significance was not only the sanctions themselves, but how explicitly the case framed […]
This morning, I awoke to an individual on Twitterletting me know, in no uncertain terms, that bitcoin and social issues were unrelated. Since literally everything is related to everything else in some way, I'll assume what he meant is that bitcoin and social issues are particularly far apart in terms of overlap. This is of course absurd. While "social issues" is a term which needs to be defined prior to further discussion, the "social issues" that particularly interest me are issues of poverty, class, mobility, equality of opportunity and access to resources. Access to banking and....
“The volatility you see in it today just has to play itself out,” JPMorgan’s director of asset and wealth management said. Despite Bitcoin (BTC) not yet emerging as an “asset class per se,” JPMorgan considers it important to meet the demand for cryptocurrency investment, according to a senior wealth management executive.A large number of JPMorgan clients see digital currencies like Bitcoin as an asset class, the company’s director of asset and wealth management, Mary Callahan Erdoes, said.In a Bloomberg interview released Tuesday, Erdoes stressed that the bank will continue providing....