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Tag Archives: bitcoin network

AirBnB wants to use the blockchain

Some months ago Don Tapscott, author of Blockchain Revolution book, explained how blockchain technology could replace services like Uber and AirBnB.
airbnb, blockchain, blecharczyk, city am,
In fact, at the World Economic Forum (WEF) held in Switzerland, Tapscott suggested: 

“Why do you need a 60 billion dollar corporation called Uber? You can have a real sharing economy which it would be a distributed application on the Blockchain […] and the same is for AirBnb”. 

AirBnB replies…

Well, even if might not be because of Tapscott’s suggestions, AirBnb is now interested in using the blockchain technology for its service. 
During a recent interview conducted by City A.M., in fact, Airbnb co-founder Nathan Blecharczyk annonunced the possible blockchain application among the company plans for this year.
These were Blecharczyk words:

“I think that, within the context of Airbnb, your reputation is everything, and I can see it being even more so in the future, whereby you might need a certain reputation order to have access to certain types of homes. But then the question is whether there’s a way to export that and allow access elsewhere to help other sharing economy models really flourish. We’re looking for all different kinds of signals to tell us whether someone is reputable, and I could certainly see some of these more novel types of signals being plugged into our engine”.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio

Ethereum used for Car Charging in Germany

A German power company, RWE, started a partnership with the Ethereum-based startup Slock.it, to develop proofs-of-concepts (POCs) using the Eth blockchain.

Germany supports green power

On May 2011 the German Environment Minister Norbert Rottgen announced the government’s decision to close all the nuclear power plants within 2022.
During an interview conducted by the BBC, in fact, Mr Rottgen commented: 

It’s definite. The latest end for the last three nuclear power plants is 2022. There will be no clause for revision.”
So, RWE, company who provides coal and nuclear energy infrastructures in Germany, has now decided to invest money in a new sustainable energy and in an Ethereum project to reduce expenses.
To do so, RWE created a working team to test the blockchain technology to aim at trim costs by lowering expenses related to energy transmission.

Car Charging with Smart Contracts

In a recent interview conducted by CoinDesk, RWE Carsten Stöcker commented on a possible application of the blockchain: electric car charging stations that use smart contracts to authenticate users and manage the billing process.
“We would like to solve the problems and really push electric vehicle deployment forward by looking into establishing a seamless and affordable electrical charging infrastructure.”
This project debuted at the Lift 2016 conference in Geneva, Switzerland and it will play out within 2017.
According the RWE project, customers will use charging stations by accepting a smart contract programmed on the Ethereum blockchain.
Through this system users will save money thanks to a payment that is connected to the consuption of electricity during the charging, instead of paying according to the time connected to the station.

“What’s really exciting here is that people are going to be able to use smart contracts to contract with a machine directly, rather than contracting with a human being or a corporation,” he said to CoinDesk.


Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio

Visa is working on a secure and scalable Blockchain

The American multinational financial services corporation Visa annonuced its “secure and scalable” blockchain project.
To do so, Visa opened a position for software engineers who have to “explore and develop technologies that are critical to the payments industry in the future”, as stated in the job advertisement. 
visa, blockchain, job, job position, scalable blockchain

Job Description

The researches will cover three key areas: data analytics, security and future of payments, so the team will work on develop a sort of proof-of-concept for the Visa blockchain network

“Working on Future of Payment research at Visa is a unique opportunity at a time when the payments industry is undergoing a digital transformation with data as a critical differentiator. We offer you the opportunity to be at the center of innovation in the payments industry and unleash the power Visa technologies and massive data in innovating the future of payment concept.”


The perfect candidates must have programming experience, cryptography and “competency in data structures, algorithms and software design optimized for building highly distributed and parallelized systems”. 

Visa partners with Chain

Some months ago, Chain raised $30 million in a new venture funding, drawing funds from some financial companies including Visa.
Chain is a a blockchain developer platform that serves an enterprise market.

The blockchain is no longer a choice

Previously, on December 2015, Visa Europe stated that “the blockchain is no longer a choice”.
In an interesting blog post entitled “Why 2015 was the year of payments”, in fact, they commented on financial technologies including the subject of digital currencies, by saying:

“2015 has turned blockchain into something the industry has to live with. It is no longer a choice anymore. Recent news speculating about the identity of its creator and the formalisation of virtual money as a commodity just makes it more real than ever before.”


To know more about Visa perspective on the blockchain, you can read the full post here.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio

Helperbit wins the Blockchain startup competition in Amsterdam

On February 18th Helperbit won the blockchain startup competition held at the d10e in Amsterdam.
Helperbit is a “natural disaster management platform” that aims at helping stricken people with a simple peer-to-peer donation system.

Blockchain + GIS

Obviously this is possible thanks to the blockchain technology that allows a smart and fast transfer of values. Also, thanks to the interaction between the blockchain and the geographic information system (GIS) Helperbit can store all the information concerning the effects of the natural disasters.
The platform will be active in case of earthquakes, but also it will be extended to all the different natural disasters, such as hurricanes, fires and floods.

Blockchain Space

Again on February 18th, it was held the inauguration of the Blockchain Space, a “focused startup accelerator for talented visionaries creating disruptive solutions to real-world problems using blockchain technology”.
Among their selected startups, obviously there is Helperbit, who presented its project during the event held in Barcelona.
Helperbit team members are: Vincenzo Agui, Davide Menegaldo, Guido Baroncini Turricchia, Davide Gessa, Roberto Tudini, Gianluca Carbone and Luigi Angotzi. 

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio

How the blockchain can improve the Australian voting system

Flux Party is a new Australian political party that wants to renovate the voting system by using the blockchain.

In fact, they have proposed a new token-based political system based on the Bitcoin technology.
The Flux Party has more than 500 members and its objective is to have six senators on ballots during the next election that Australia will hold in September/October.

How it works

A special feature of this party is that its members are free of its own policies and they can vote for or against a legislation at the bidding of token holders.
“If they didn’t have to be senators, if they could just be software or robots they would be, because their only purpose is to do what the people want them to do”, commented the Flux Party co-founder Max Kaye.
So the bitcoin token could be used by the Flux members for voting but also for trading with other people.

Too old for the Internet era

Australian Flux party is clearly suggesting that the current democratic system is too old for the Internet age and for this reason they want to redistribute the political power by using Bitcoin.
Their own website states: “Our current system doesn’t work well enough; politics gets in the way of policy. Flux is an incremental upgrade to democracy designed to redistribute political power, maximise participation, remove bad policy, and empower voters.”
The Flux Party system will allow voters to be able to set their votes to experts on these issues.

A revolutionary but not so new idea

The idea of a blockchain-based voting system is very revolutionary and it is not developed only by the Fluxa Party.
In fact, Nasdaq and the Bitcoin Foundation have worked both on their own voting systems throught the blockchain technology.
About the author: Amelia Tomasicchio is a writer and a journalist of Bitcoin-related news and articles. She started writing about Bitcoin in 2014 and she graduated in Rome with an essay about movie industry related to Bitcoin.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio
bitcoin segwit

Infographic: What is Segregated Witness?

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jorge

Infographic: Bitcoin Popularity Worldwide

Bitcoin Popularity Worldwide - infographic

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jorge

Infographic: What gives Bitcoin value?

 What gives Bitcoin value? - infographic

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jorge

Infographic: Why are Bitcoin transactions irreversible?

https://holytransaction.com/page/Why-Are-Bitcoin-Transactions-Irreversible

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Infographic: Why are transaction fees necessary when sending Bitcoin?

https://holytransaction.com/page/why-are-transaction-fees-necessary-in-bitcoin

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jorge