Analysis

Amazon, a kingmaker of e-commerce and shipping, has patented a distributed ledger-based (DLT) system for proving the authenticity of consumer goods. The U.S. Patent and Trademark Office approved the Seattle tech giant’s nearly three-year-old “Distributed ledger certification” filing on Tuesday. The patent describes using DLT to infuse “digital trust from the first mile of an
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Twetch positions itself as an alternative to the platform it was deplatformed from, actively marketing itself against the San Francisco firm run by Bitcoin enthusiast Jack Dorsey. Petty said the application maintains censorship resistance by archiving conversations on the BSV blockchain. In fact, Twetch posted a meme aimed at Dorsey for censoring conversations on the
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Electronics company LG joined Hedera Hashgraph’s Governing Council on Wednesday, becoming its 14th member. The addition edges Hedera toward its council’s long-term goal: tap 39 hands-on node runners to govern its enterprise-grade public ledger, Hashgraph. Hashgraph is an alternative to blockchain platforms with buy-in from Google, IBM, Boeing and University College London among others.  LG,
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A member of the ID2020 Alliance, which aims to bring digital identities to billions of people who don’t have them, has resigned over the organization’s direction on digital immunity passes and COVID-19.  In her resignation email last Friday, Elizabeth Renieris cited ID2020’s opacity, “techno-solutionism,” and corporate influence along with the risks of applying blockchain to
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Blockchain meets basketball in the newest game from the developers of CryptoKitties. Dapper Labs’ NBA Top Shot has launched into private beta following the game’s initial product announcement in July 2019. The game is looking to fill a product niche by combining manager-style sports games with digitally scarce goods called non-fungible tokens (NFTs). “Fans can
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Stocks of zombie corporations are outperforming the S&P 500. A horde of companies too dead to feed their debts continues walking due solely to Federal Reserve bailout programs. This subverts the natural selection of capitalism and does not let the brave new world start clean. In the television series The Walking Dead, a virus creates
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India’s largest cryptocurrency exchange, CoinDCX, has secured a $2.5 million strategic investment led by Polychain Capital with support from Coinbase Ventures. The investment aims to reinforce the exchange’s efforts to drive cryptocurrency adoption in the country after a major legal victory in March. CoinDCX’s #TryCrypto campaign seeks to bring the total number of crypto users
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Allen Farrington writes at Quillette, Areo and Merion West, as well as extensively on Medium, where he has several much longer essays on Bitcoin, finance, economics and related topics. His collected writings can be found here. He lives in Edinburgh.  At approximately 8:23 p.m. GMT on Monday, May 11, the 630,000th Bitcoin block was mined,
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