Vanbex Report: Decentralized Oversight
A decentralized currency can not only exist with regulation and oversight, it must. Following publication in Cointelegraph of the Vanbex Report titled, Outlawing Bitcoin: A Matter of Control, commenter Simon remarked: “So a decentralized currency requires … centralization?” The Necessity of Oversight in Decentralized Currencies. This comment arose from a statement in the article that read: “A decentralized digital currency requires regulation and oversight.” His confusion — incredulity, even — is not uncommon; it’s something I’ve heard and read throughout digital currency circles for some....
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Mar. 29, 2016 — On Wednesday (Mar. 23), Russia’s ministry of finance continued on with its pursuit to outlaw the world’s top cryptocurrency, Bitcoin (BTC). The Vanbex Report is a periodic summary of the blockchain industry’s top news stories from the biggest companies, as well as the most promising newcomers. This time, the new draft for the official banning of the production and circulation of BTC comes attached with punitive damages that could range from million ruble fines to up to seven years in jail and the ceasing of business operations.
Mar. 22, 2016 — Researchers and academics across the Isle are proposing the use of its own cryptocurrency, RSCoin. The Vanbex Report is a periodic summary of the blockchain industry’s top news stories from the biggest companies, as well as the most promising newcomers. The proposal, first presented by University College of London researchers, also comes at a time when communities across Britain are weighing whether or not to depart from the European Union (EU) knowing it will disrupt, among other items, trade agreements and potentially the UK’s position as a hub for FinTech innovation.
Mar. 14, 2016 — Has the conversation evolved already? Amid the blockchain technological push, another variation has emerged — the “tangle.” The Vanbex Report is a periodic summary of the blockchain industry’s top news stories from the biggest companies, as well as the most promising newcomers. The Tangle or Directed Acyclic Graph (DAG) chain essentially means a collection of nodes or vertices, while allowing connectivity between nodes but with no circular edgings. In other words, you cannot start at one vertex and eventually loop back to that same vertex via a sequence of edges (connections).
The Vanbex Report is a periodic summary of the blockchain industry’s top news stories from the biggest companies, as well as the most promising newcomers. February 2016 — Week after week, industry insiders and cryptocurrency pundits have looked on as blockchain-mania has swept the world, grabbing a choke hold of the financial industry and governments with talk of consortiums, private and permissioned distributed ledgers. The Vanbex Report. The technology has even shown signs of seeping into the realm of creatives and musical artists as a less centralized fiscal environment — the benefits....
March 7, 2016 — It is difficult not to perceive the Azure Blockchain-as-a-Service (BaaS) as an attempt at providing the evolutionary catalyst to changing the way business is conducted in the future. Discussion around Vanbex has been whether Microsoft’s “blockchain marketplace” is indeed the best course for the emerging industry. The consensus was mixed and led to the consideration the scenario was unavoidable with such marketplace conditions necessary stimuli for an emerging industry.