Empowered with IoT, Will Blockchain Lead to More Freedom or Less?
There is an episode of South Park title Crème Fraiche which lampoons the rise of cooking shows and food TV. Randy takes up cooking and tosses in Crème Fraiche in everything he creates. Blockchain is the new Crème Fraiche, whether you like it or not. Everyone is finding an application or two of the technology behind Bitcoin and trying to solve any number of problems using the open ledger technology. While innovation and creativity aren’t necessarily bad things, too much of a good thing can lead to problems. A lot of people are playing with Blockchain at the moment which includes security....
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Bitcoin's most innovative merchant has a new blockchain lead. E-commerce giant Overstock announced this week that chairman of the board and former candidate for Utah governor Jonathan Johnson will take a role as president of Medici, the division launched in 2014 to explore potential applications for blockchain technology. Johnson will also remain chairman of the board. In statements, CEO Patrick Byrne lauded Johnson as the right choice for the role, while praising Medici as an effort that would pioneer innovations in capital markets. Byrne said: "Jonathan shares my pro-freedom....