Blockchain Companies Are Lining Up To Disrupt Global Covfefe
Blockchain solutions encroach into various parts of mainstream adaptation today. The attention economy is also beginning to experience increased Blockchain application. "Global covfefe, if we use a term recently coined by Donald Trump, will never be the same." Increasing use case scenarios explain the significant growth being observed in the Blockchain industry, especially with regards to the value of associated cryptocurrencies. A number of Blockchain startups are focusing on decentralized social media content and participation reward that is based on protocols built....
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Donald Trump’s seemingly erroneous covfefe tweet has sent the Internet into overdrive - including the cryptocurrency sphere. As pundits puzzled over the circumstances behind Trump’s mysterious utterance, Core developer Jeff Garzik was among the first to capitalize on the fallout. In response to his challenge to issue an ERC20 token by the name of “covfefe,” such a token was promptly created. Whether an ICO or similar will become available in the future is yet to be seen. Trump is known for his often provocative Twitter posts, yet has now appeared to have deleted the original covfefe....
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According to law experts in South Africa, most banks are scared of blockchain for its power to disrupt their sector. A Senior Associate at Norton Rose Fulbright in Johannesburg, Nerushka Bowan, said the adoption of blockchain among banks has the potential to disrupt the global banking industry. Using the blockchain technology and its digital distributed ledger to confirm batches of transactions just as it does for bitcoin, it can take over functions such as verifying payments. She added that though banks are a trusted intermediary for the exchange of funds, they will be cut out once the....
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 has already demonstrated its ability to disrupt many industries. There is a whole load of companies playing around with Blockchain only the laziest haven't thought of new applications for it. Obviously, Blockchain is not a panacea for every problem. Does it have the potential to deal with challenges in the loyalty rewards industry? Blockchain certainly has a potential to bring changes to the industry but perhaps it would be fairer to consider it as a system facilitator rather than a replacement for a current system. Besides, the success of the undertaking would largely depend on....