How blockchain archives can change how we record history in wartime
We are coming into a great age of blockchain technology, but there are limits that need to be solved before decentralized archives enter the mainstream. Decentralized blockchain technology has been around for a relatively short period of time, in the grand scheme of things, but its decentralized nature has the power to keep data and information out of the hands of censors looking to create a “safe” and “faultless” version of history. Blockchain is permissionless and literally owned by no one. So, while we can’t save the Alexandria libraries of the past, we can make sure the future is well....
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A recent survey in The Netherlands shows how a lot of cities lost important records due to floppy disks and CD-ROMs being used for archiving. In this day and age, hardly anyone uses this form of storage anymore, and the blockchain is a more than viable alternative to this problem. Archaic Archiving Methods are a Problem. The results of this survey were....
Bitcoin price is trading at around $34,000, down around 50% from the peak set in early April. Since then, however, the resulting price action is just moments away from setting the record for the bloodiest second quarter in crypto history. Here’s the data behind the devastating Q2 2021 candle, a closer look at the quarterly […]
As legacy financial rails have broken down amid Russia’s invasion of Ukraine, Bitcoin is proving to be a critical lifeline for Ukrainian people.
Factom is one of those ideas that just seems too crazy to be real, yet simple enough to be feasible. This company, built on the bitcoin blockchain, seeks to turn record-keeping into an automated, simplified process. The way Factom hopes to accomplish this goal is by focusing on the hashes in the blockchain. Their process is currently in testing, but Factom puts data into hashes and stores it on the blockchain. The information is accounted for, and every time the record is changed a new hash is stored. If there’s any tampering with information previously accounted for, the change shows up....
In an effort to save the future of the Library of Alexandria, blockchain technology could help preserve records and archive systems. The study of history and ancient people is immensely important to preserving the knowledge passed down through the generations. Unfortunately, the significance of the knowledge is particularly acute when it is lost. With tragedies such as the fire of the Library of Alexandria, or the pillaging of the House of Wisdom in ancient Baghdad, or the more recent losses of artifacts at the Iraq Museum, perspectives were lost, advancements in philosophy and literature....