New UN Chief Can Tackle World Problems by Promoting Bitcoin
Colossal challenges await Antonio Guterres, the newly appointed United Nations Secretary-General. He must ensure the UN works toward eradicating poverty and achieving world peace, human development, social equity, and justice. Additionally, Guterres needs to promote freedom of Internet access, financial inclusion for billions of people, and the....
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One of the central problems that affronted many of the earliest blockchain ecosystems was a lack of interoperability, with isolated chains having less utility and creating problems when data needed to be transferred between them. This problem persisted for much of blockchain’s early history, until the creation of protocol systems that sought to tackle interoperability. […]
A chief economist at UBS, the largest bank in Switzerland, sees a number of problems with bitcoin. In attempting to answer the question of whether the cryptocurrency defies the zeitgeist, he claims that “bitcoin is denied to those minority groups who have reduced online access.” UBS Chief Economist Sees Multiple Problems With Bitcoin Paul Donovan, Chief Economist of UBS Global Wealth Management, published a weekly update entitled “Does Bitcoin defy the Zeitgeist?” on the UBS website Friday outlining a number of issues he sees with the cryptocurrency. UBS is the....
A few weeks ago Bitcoin Magazine published a report on the launch of AKASHA, a blockchain-based social network built on top of Ethereum and IPFS (the InterPlanetary File System). As a followup to the previous report, AKASHA CEO Mihai Alisie spoke to Bitcoin Magazine and said that the idea behind creating a blockchain-based social network came to him and his team as they were looking for ways to use existing technologies such as Ethereum and IPFS to solve bigger problems. The team eventually decided to select the issue of internet censorship as the problem to tackle, and the best way to....
Bitcoin and Blockchain technology are very young and novel for millions of people all over the world. Moreover, several countries are still arguing about the status of this FinTech innovation, and how they could use it in the local financial industry. The same situation applies to India where Bitcoin and Blockchain face a miryad of problems in the country. Vishal Gupta is the Founder of Bitcoin Alliance India, CEO at SearchTrade, and Director at Moving Trumpet. CoinTelegraph turned to Vishal Gupta to find out what are the main problems with Bitcoin and Blockchain development in India. CT:....
The question of how to best increase the transaction processing capacity of the blockchain may be bitcoin's current crisis, but that isn't stopping researchers from working to solve more forward-looking issues. Held last weekend in Montreal, the inaugural Scaling Bitcoin marked the first major conference for developers, and as such, it featured a broad sampling of technical experts working on solutions to problems that may come to light as knowledge of blockchain technology advances. One of the more novel proposals to debut at the event was developed by Cornell post-doc student Ittay Eyal,....