Blockchains and the Question of Data Reliance
I'm not going to shock anyone by saying we're all living in the age of big data. Data analytics and data-driven decision-making is the gold standard in an ever-expanding range of domains. From running organizations to deciding on medical treatment to even dictating athletic training routines, data is established as central to more and more aspects of life. With the hope I haven't bored you too much by restating what most of us take for granted, I'd like to ask a naïve question – How do we know we can actually rely on all of this data? To clarify, I’m not at all questioning the use of data....
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But there is more, as “heavy users’ will pay even less money per gigabyte. In fact, Reliance Jio will charge half of the price per GB used. Mobile internet connectivity is quickly becoming the new norm in developing countries. Rather than relying on more expensive fibre connections, mobile data plans are a great way to stay connected to the world. Over in India, Reliance Industries have come up with a new data tariff. Prices will drop well below US$1 per GB, which may boost the number of Bitcoin users in the country to new heights. Reliance Industries has a clear mission for the future of....
Reliance Jio is just another 4G network in just another country, but that country happens to be India. A land of one billion plus people. Jio is an offering by Mukesh Ambani of the Reliance Group, and the son of Dhirubhai Ambani, a successful businessman who is legendary in India for his rags-to-riches story. What is Jio and why does it matter? Reliance Jio is a pan-India 4G network which offers both data and voice services. Although there are many companies who offer similar services in India, there is no one who has the reach and the potential that Reliance has. Reliance Jio was the....
Introduction. It seems that more and more things are being placed on the blockchain. Altcoins, smart property, and even decentralized organizations are now emerging, and the inclusion of the Internet Things will add billions of devices from around the world. Eventually, everything will be on the blockchain, or at least everything in the decentralized world. Stored in readable form, no user would be able to handle that much data; with the advent of Factom, however, we can hash that data down to a manageable size and still use it to authenticate records. Now, you might be wondering: will....
The Bitcoin network might consume electricity and connect to the internet, but it is more robust than any single utility on earth. The post You Don’t Have To Worry About Bitcoin’s Reliance On Utilities appeared first on Bitcoin Magazine.
Experts from an economic institute in China have circulated the idea of creating a blockchain-powered digital currency that could lower Asia’s reliance on the greenback. The initiative comes against the backdrop of an expanding digital yuan pilot, and after recent trials of cross-border payments with state-issued digital currencies in the region. China Suggests Minting Asia-Wide Digital Yuan Underpinned by Distributed Ledger Technology Chinese government researchers have proposed the introduction of a new digital currency in Asia in order to reduce the region’s dependence on the U.S. fiat....