Blockchain Industry Heading Towards Putin’s Prediction of New Digital Order
In the era of global economic transition, Blockchain user interfaces will function as a crucial link in bridging the gap between the old and the new order. Russian President Vladimir Putin’s assertion at the G20 summit reveals that digital technology is an important aspect of global economic future. New digital order. According to Vladimir Putin, the global economic transition to a new industrial order will be underpinned by the development of digital technology. He said this at the G20 summit that was held in Hamburg on July 7-8 2017. Putin said: “We believe that the G20 will take a....
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Russian president Vladimir Putin’s business advisor has said the country should “become the world leader in the Blockchain space.” Putin’s Advisor: ‘Time to Ban Bans’. Speaking to news resource Znak, Boris Titov, who also leads the rival, supposedly Kremlin-allied Party of Growth, advocated Bitcoin’s underlying blockchain technology as Russia’s gateway....
Augur, a decentralized platform allowing individuals to create prediction markets on a vast array of topics, announced today that it was launching its alpha test."Traditionally, prediction markets have fallen short due to their need for volume in order to be valuable forecasting tools," explained Jeremy Gardner, the Director of Operations at Augur. "Having a global, unstoppable, blockchain-based prediction markets platform means anyone in the world with internet can connect to Augur."However, Augur is not, itself, a prediction market. Rather, it is open-source code for a prediction markets....
Ethereum and smart contracts have a lot of promise and Augur is one of those applications. Cryptocurrency, and the underlying technologies that come along with it, have the potential to disrupt entire markets, forcing them to either fade away or change dramatically in order to remain relevant. Prediction markets are one thing that decentralization could massively overhaul, eliminating points of failure as well as the possibility of cheating or corruption, while retaining the advantages prediction markets have in forecasting outcomes. The blockchain also secures customers’ funds, assuring....
Bloq Economist and Bitcoin Hivemind creator Paul Sztorc has been fascinated with prediction markets for many years, and he views these mechanisms for the creation of “event derivatives” as an essential public good. Although Sztorc had been a supporter of centralized prediction market InTradein the past, he now sees the need for a blockchain-based solution to allow these sorts of markets to proliferate around the world. Recently, Sztorc chatted with Adamant Research Editor in Chief Tuur Demeester about prediction markets, Bitcoin, sidechains and many other topics. During the discussion,....
The bitcoin and blockchain industry continues to grow, but as new people begin to take notice, they’re often greeted with the same tired talking points. As we head into 2017, some of those talking points should be left by the roadside entirely. Below, let's review the blockchain tropes that are not only hypocritical, but also unimportant to the greater goal of the technology. 1. To the moon. Bitwala tweeted a question that was posed to Eric Martindale and his response at this year’s Money2020. Is there any reason to still give lip service to outrageous predictions about the bitcoin price?....