Microsoft and MIT Explore Unique Applications of the Bitcoin Blockchain

Microsoft New York and MIT Media Lab presented a 70-minute report called #Blockchain4good this week. Speakers included Brian Forde, MIT Media Lab director of digital currency and former senior technology adviser at the White House, and John Paul Farmer, director of technology and civic innovation at Microsoft. They led discussions on using the blockchain for fraud-free voting, storage of identities, response to natural disasters and a public ledger of properties such as land. Other speakers, including Chelsea Barabas, Ann Sim, Ryan Shea and Peter Kirby, focused on introducing the blockchain’s capability to decrease the amount of money spent annually on identity theft and records. Civic Infrastructure Sim, from international design and consulting firm IDEO, introduced the idea of frictionless transfer, […]

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The Faces of Health Care: Timothy S.

What has health reform meant to this country? That’s a question that millions of Americans answer every day. Timothy is one of them. Read more of their stories here.

“[The Affordable Care Act] literally saved my life.”

Before the Affordable Care Act (ACA), Timothy S. from Saint Paul, Minnesota was forced to drop his health insurance because it was too expensive — and “essentially worthless.”

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Bail-Ins at “Bad Bank” Unconstitutional Says Austrian Court

– Austrian decision to renege on guarantees made to junior bondholders overturned – Court does not overrule bail-ins per se – Bail-in legislation still in place across Europe – EU deadline to implement bail-in legislation by end of this month – Depositors – savers and capital of SMEs exposed to bail-ins An attempt by Austria […]

The post Bail-Ins at “Bad Bank” Unconstitutional Says Austrian Court appeared first on GoldCore Gold Bullion Dealer.


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James Taylor Endorses Marco Rubio for President

“I believe if you look seriously at the candidate with solid executable plans for the future of America, the choice is clear, it’s Marco Rubio. He is the leader that can carry us into the future and the future can be even brighter than the past with his leadership. I’m proud to endorse Senator Rubio and…

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Benjamin Lawsky: ‘I’m Doing No Work in the Digital Currency Space’

The former superintendent of the New York Department of Financial Services (NYDFS) and the creator of the much maligned BitLicense revealed today that he’s not working in the digital currency space. “I’m doing no work in the digital currency space,” said Benjamin Lawsky at the America Banker Conference in New York City. “The rules are clear,” Lawsky explained. “I can’t work in the Bitcoin space on anything related to my work at NYDFS or BitLicense.” When Lawsky announced in May that he was stepping down, he revealed that he would be launching his own legal consultancy. The New York Post had reported that Lawsky “plans to advise companies on financial matters such as cybersecurity and digital currencies like bitcoin, a new sphere […]

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Settling the Block Size Debate

This is a guest post by Eric Lombrozo, the Co-CEO and CTO of Ciphrex Corp., a software company pioneering decentralized consensus network technology. Lombrozo is also a founding member of the CryptoCurrency Security Standards Steering Committee and has been a longtime contributor to the open source Bitcoin core development effort. Introduction In the last few months, a contentious debate has arisen surrounding the issue of a hardcoded constant in the consensus rules of the Bitcoin network. While on the surface it appears to be a simple enough change, this single issue has opened up a veritable Pandora’s box. What is the block-size limit and why is it there? When the Bitcoin network was first created, several assumptions had to be made regarding […]

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