Tag Archives: blockchain

A CIO Budget Playbook for 2018

It’s that time of the year again, budget season. A time when organizations set priorities on how to strategically spend their money in 2018. In the information technology (IT) world this can be a daunting task for any CIO. According to Gartner, artificial intelligence (AI), machine learning, and tools such as conversational platforms, digital twins … Continue Reading

A CIO Budget Playbook for 2018

It’s that time of the year again, budget season. A time when organizations set priorities on how to strategically spend their money in 2018. In the information technology (IT) world this can be a daunting task for any CIO. According to Gartner, artificial intelligence (AI), machine learning and tools such as conversational platforms, digital twins … Continue Reading

Is Blockchain the Answer to Identity Management?

Considering the recent Equifax data breach which put an estimated 145.5 million American’s identity at risk, main stream media outlets are starting to ask an important question; if we can’t stop data breaches, how do we project our identity? According to data from the Identity Theft Resource Center, U.S. companies and government agencies have disclosed … Continue Reading

SEC Brings Fraud Action Against ICO Creator

In its first lawsuit targeting Initial Coin Offerings (ICOs), the Securities and Exchange Commission (SEC) has filed fraud charges against the creator of the ICOs marketed as “REcoin” and “DRC.” The action, filed in the United States District Court for the Eastern District of New York on September 29, 2017, alleges that Maksim Zaslavskiy, operating … Continue Reading

Scammers Strike Enigma Initial Coin Offering

In the latest example of security risks attendant to initial coin offerings (ICOs), on August 21st the blockchain startup Enigma reported that online scammers used fake solicitations for an ICO presale to steal approximately $500,000 in ether (a virtual currency) from investors. Enigma is a blockchain startup incubated at MIT Media Lab that is in … Continue Reading

Primer on the Draft Uniform Regulation of Virtual Currency Businesses Act

The Uniform Law Commission is set to vote on a draft Uniform Regulation of Virtual Currency Businesses Act at its upcoming annual meeting in San Diego beginning on July 14th. As numerous states and federal regulators have already begun the process of regulating virtual currencies through “money transmitter” statutes or related legislation, the uniform act … Continue Reading

New Nevada Law Recognizes Enforceability of Blockchain Transactions; Blocks Local Government Regulation and Taxation

Senate Bill 398, unanimously passed by the Nevada legislature and signed into law by the Governor on June 5th, represents the most far-reaching state legislation to date concerning the use of blockchain technology. Blockchain is a decentralized database system that can be used to track and manage a broad range of digital transactions. Originally conceived … Continue Reading

Blockchain: What is all the buzz about?

Blockchain technology, introduced as the magic behind Bitcoin, is being touted by many as the next major disruptive innovation – in global trade and way beyond. At its core, Blockchain shifts the accounting function from third-party financial institutions and intermediaries to thousands of nodes (computers) on the Blockchain network that collectively maintain a public ledger … Continue Reading

Bitstamp obtains first payment institution license in the world

Bitstamp, the third largest Bitcoin exchange in the world and located in Luxembourg, announced on April 25, 2016, that it has obtained a payment institution license from Luxembourg, which means it is the first nationally licensed Bitcoin exchange in the world. The license was obtained through the European Union’s passport program, which gives reciprocity for … Continue Reading
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