Who watches the watchmen? Crypto may not be as trustless as it seems
Crypto is often seen as trustless and failproof. But as more regulation, venues and developers come aboard, just how trustless is it really? Blockchain technology is great because it cuts out the middleman, removes the need to trust third parties, and gives users full agency over their finances, or true ownership of their wealth. From Bitcoin (BTC) to decentralized finance, blockchain technology has been delivering on this promise for quite some time now — but just how trustless is crypto really?Cryptocurrencies were created as a result of a lack of trust in the legacy financial system,....
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Watches are one of the best fashion accessories that holds good for both the sexes. A good watch becomes a part of you and it is a symbol of impeccable craftsmanship and mechanical genius (even if it is time tested mechanics which has been in use for ages). Not all watchmakers can bring in the kind of refinement to their timepieces like Kairos does. Kairos Watches is a South Korean watch company founded by Sam Yang in the year 2013. Named after the Greek word meaning "opportune moment", the company manufactures hybrid mechanical smart watches and has its presence in various places across....
The latest troubles in the crypto space have allegedly led to an increased supply of second-hand luxury watches, according to a leading trading platform. As a result, prices of sought-after models by major brands like Rolex and Patek have dropped, the company revealed.
Higher Supply After Crypto Crash Hurts Resale Prices of Top Watches From Swiss Brands Like Rolex
The recent decline in the valuations of crypto assets has directly impacted pricing of luxury watches from Rolex, Patek Philippe and the like, a German online platform that lists hundreds of thousands of watches has....
Hublot watches can now be purchased with crypto. Swiss Watch Maker, Hublot, has launched its new limited edition luxury watch, which is called ‘Big Bang Unico Grey’ edition of watches. The payment can happen via the crypto payment platform BitPay. A total of 200 such watches have been made available exclusively on Hublot’s platform. Many […]
What is “privacy”? Is there a right balance between privacy and mass surveillance? Does it matter, and if so, why? Are you a “bad” person if you want privacy? The story of Anne Frank illustrates the parallels between modern global surveillance and the Nazi. A Panopticon is a prison architectural model designed for the maximum efficiency of mass surveillance. Developed by 18th century social theorist Jeremy Bentham, a Panopticon consists of a cylindrical structure with an "inspection house" at its center. From there, a guard can easily watch all inmates, whose cages are always in open view....
Blockchain Engine and Petrodvorets Watch Factory have introduced blockchain technology into the manufacturing process of Raketa watches, making Raketa one of the first companies in the world to record the production of physical goods in the blockchain. Established by Peter the Great in 1721, Petrodvorets Watch Factory is one of Russia’s oldest businesses. After the Second World War, the factory produced watches under the brand name Pobeda until 1961, when production of the Raketa [Rocket] watches started, named in honor of the first flight into space by Yuri Gagarin. In a bid to....