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Felix Hufeld, chief of the German Financial Supervisory Authority (BaFin), the government’s main financial agency, stated in a speech at a conference held in Berlin that blockchain technology has the potential to turn the traditional finance industry upside down. Optimistic Long-Term Vision Despite the recent correction of the cryptocurrency market and the drop in the … Read more
Many analysts and mainstream media outlets including Bloomberg and the Wall Street Journal attributed the recent drop in the Bitcoin price from $7,500 to $6,700 to the hacking attack suffered by Coinrail, a minor cryptocurrency exchange in South Korea. However, the reasoning behind attributing the latest correction to Coinrail is incorrect, given that Coinrail is … Read more
Many analysts and mainstream media outlets including Bloomberg and WSJ have attributed the recent decline in the bitcoin price from $7,500 to $6,700 to the hacking attack suffered by Coinrail, a minor cryptocurrency exchange in South Korea. However, the reasoning behind the attribution of the latest correction to Coinrail is incorrect, given that Coinrail is … Read more
The United States has been the hub of technological progress over the past 75 years. From Silicon Valley to Wall Street, America’s industries have been shaping the way we view, use, and develop new technologies, and has been a catalyst for the ‘cyber century’. With this new wave of technology comes a paradigm shift in how … Read more
In an era of data breaches and regulation, it’s time our credit network got its act together. The Equifax data breach opened the eyes of millions of consumers around the world to the harsh reality that is our economic backbone. Why should companies like Equifax, Experian, and TransUnion be charged with maintaining our information and governing the terms of our … Read more
Who would have thought that with the emergence of blockchain technology would come fame, recognition, and awards? Well, the art world has long been issuing awards to support freedom of expression and creation. However, the problem with many of these awards it that they are voted on by an exclusive committee, presenting potential conflicts of interest … Read more
When looking at cryptocurrencies and blockchains, there have been discussions regarding the best crypto startups or some of the best regions for crypto, but rarely will you find an in-depth look at the major players and businesses that are changing the industry as a whole in one place. Wanting to change this, BlockShow is now working on a never-before-used … Read more
Blockchain is proving to be a versatile technology with a wide variety of applications. The obvious application is cryptocurrency, but blockchain tech is also being used to build smart contracts, give land titles greater integrity, and secure government records. While these applications are still in their infancy, there is one application that has the potential to save … Read more
Europe has played host to many blockchain events, most notably BlockShow. Its biggest event yet, BlockShow Europe 2018, is right around the corner and making its way to Berlin. As the team prepared for the main conference on May 28 and 29, the road trip around Europe inspired them to dive a bit deeper into the European blockchain space to … Read more
You never change things by fighting the existing reality; to change something, build a new model that makes the existing model obsolete. Buckminster Fuller, 20th-century architect and theorist Blockchain tech allows business transactions to be secure in a world where everything from your Facebook profile to your entire business model can be hacked. But it’s … Read more