Tag: Blockchain

Three Ways Blockchain Could Kill the Old-School Utility Model | Bloomberg Quint

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(Bloomberg) — If utilities think rooftop solar panels and batteries are bad for business, blockchain should scare the bejeezus out of them. That’s because in addition to helping more people slapl panels on their rooftops — which eats into power sales and taxes grids — the distributed, digital ledger that’s proliferated across industries can also be used to trade electricity without a utility even knowing it. Imagine your neighbor with a solar panel directly selling you cheap power to charge your Tesla. Sure, there are some utilities that see the…

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Blockchain And Cryptocurrency: Everything You Need To Know – CNET

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Here’s everything you need to know about the technology powering the bitcoin cryptocurrency today and, soon, a myriad of services that will change your life. This is part of “Blockchain Decoded,” a series looking at the impact of blockchain, bitcoin and cryptocurrency on our lives. These days, we’re having a harder and harder time trusting each other. Trust is an essential part of ordinary living, whether it’s picking mechanics based on Yelp reviews, sliding credit cards into gas station fuel pumps or heeding our doctor’s advice. But our trust has…

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Canada Trialing Use Of Ethereum Blockchain To Enhance Transparency In Govt Funding – National | Globalnews.ca

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The Canadian government has launched a trial to explore the use of blockchain technology in making government research grant and funding information more transparent to the public. For the trial, the National Research Council (NRC) is using the Catena Blockchain Suite, a Canadian-made product built on the Ethereum blockchain, to publish funding and grant information in real time. When the NRC creates or amends a grant, the pertinent information is stored on the Ethereum blockchain, and posted on an online database that Canadians can peruse. “Blockchains provide the ultimate in transparency and…

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What Is Bitcoin? Here’s What You Need To Know About It | Digital Trends

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Bitcoin. It’s a word that was once merely discussed as an academic idea among technology enthusiasts, then became a hushed mention among law enforcement tackling online drug trades – and most recently it’s the latest craze for those looking to make a quick buck. But what is bitcoin? Why are people so interested in it? People buy bitcoin for all sorts of different reasons. It’s a store of value, a transactional medium, and an idea that some claim could change the future of economics entirely. Most notably, it’s not a…

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