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How Cryptocurrencies Create More Equitable Merchant-Buyer Dynamics

As the adage goes, “knowledge is power.” In the internet age, nothing could be closer to the truth, but in modern times, data is knowledge when it comes to understanding consumer preferences and trends. For retail, the voluminous amounts of … Continue reading

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Why Bitcoin is Not Truly Anonymous

The notion that Bitcoin is completely anonymous is a widespread one. It is also incorrect even though transactions involving Bitcoin do not involve the transmission of personal information. It is possible for Bitcoin owners to protect their identity to a … Continue reading

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Despite FinTech, Financial Services Still Need Some Humans: How to Safeguard Your Job

In 2008, Barack Obama and Mitt Romney entered the political rings to compete for the US presidency. One candidate had a competitive edge. His Silicon Valley supporter, Steve Spinner, created a novel fundraising approach: mine social media for contacts most … Continue reading

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Your early darknet drug buys are preserved forever in the blockchain, waiting to be connected to your real identity

Blockchain transactions are recorded forever and indelibly, and that means that all the Bitcoin transactions on early Tor hidden service marketplaces like Silk Road are on permanent, public display; because many people who made these transactions later went on to … Continue reading

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Bitcoin's high valuation has ruined it as a medium of exchange

Technological limitations in the design of the Bitcoin system means that the network only processes about seven transactions per second, unless you pay someone with a lot of compute-power to log your transaction, currently at the rate of about $20/transaction. … Continue reading

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App to record sexual consent in the blockchain will be used to discredit sexual assault survivors

LegalFling is a Dutch app that’s supposed to protect partners in sexual liaisons from miscommunication by recording both parties’ consent to sexual activity in an indelible, public blockchain entry. (more…)

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Emerging Technologies Pave the Way for Profitable Journalism Through Personalization

In the mind of Mark Zuckerberg, Facebook’s mission is only 1 percent done. What started as a student platform in 2003 soon became a cutting-edge emerging platform in 2006. Today, made possible by highly-personal data collection, highly-personalized Facebook news feeds … Continue reading

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Incoherence, multiplied: Sony announces nebulous "blockchain for DRM"

Sony — whose most notorious DRM foray infected millions of computers with malware — has announced an incoherent plan to use blockchain to make DRM work, somehow. Despite Engadget’s inexplicable assurance that blockchain as “a DRM tool makes sense and … Continue reading

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How Blockchain is Beginning To Revolutionize eCommerce

Beware Amazon, and the rest of the monopoly holders of eCommerce, a revolution is brewing. The winter of 2017 catapulted cryptocurrencies and their symbiotic relationships with blockchain into the public consciousness, and with it came a widespread realisation of the … Continue reading