How Blockchain Technology Will Disrupt Elections And Empower Individuals
As unprecedented charges of rigging have loomed over the U.S. presidential election, much attention has focused on the capability of blockchain technology to make voting more transparent. Joseph Lubin, the founder of ConsenSys and the co-founder of Ethereum, observed in an article in Futurism that decentralizing technologies have important implications for not only improving elections, but in empowering individuals overall. In addition to charges of rigging, this year’s U.S. election featured the emergence of foreign and non-state actors wielding the power to influence the election’s....
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Empowering artists through the blockchain is something that has reached an international audience. Informing a global audience about the advantages of the blockchain far outweigh the negative publicity that it has received. In a TechCrunch interview at a Disrupt conference in London, Imogen Heap gives a detailed description of her MiMu gloves used in performances, but also a very real idea of future practices for artists- music that is- using the blockchain revolution that, she says "will fully blossom next year-2016." Public awareness has been characterized with pros and cons on the topic....
Blockchain technology proponents are staking claims in Africa, paying special attention to banks. Six African banking institutions are making sure financial tech doesn’t disrupt their businesses by working together to connect their systems with distributed ledgers. Absa & Barclays Africa Testing Multiple Platforms Across the South African Region. One....
British singer and songwriter Imogen Heap has discussed how blockchain technology could help empower musicians. Speaking at TechCrunch Disrupt London yesterday, Heap, a self-confessed technologist and Grammy Award winner, told the audience that a revolution among artists was impending and that smart contracts on the blockchain could transform the ways in which people in the industry interact with data. She added: "We are at an amazing point in history for artists. A revolution is going to happen, and next year it's going to take over. It's the ability of artists to have the control and the....
Former JP Morgan credit default swap pioneer, Blythe Masters, believes that distributed digital ledgers have the potential to empower business models and will fundamentally change how our financial world operates. Speaking at Exponential Finance 2015, Blythe Masters, former Head of Global Commodities at JP Morgan, presented her views on how blockchain technology and public ledgers can disrupt current business models, and why major financial institutions and regulators should explore their potentials. "Economic transactions on a digital ledger can be programmed to record virtually anything....
Calling electronic voting “inevitable,” a new paper by Philip Bucher for the European Parliament speculates on the possibility of Bitcoin’s revolutionary blockchain technology to bring transparency, efficiency, and greater fairness to elections in its various member democracies. The paper first notes that because electronic voting is in its infancy, there are still many unknowns, but then jumps straight to the point: Now we have a further choice; to continue trusting central authorities to manage elections or to use blockchain technology to distribute an open voting record among citizens.....