by Florin Oprea
Joseph Young – The Cointelegraph
Earlier this week, China’s largest mainstream media company People’s Daily defined Bitcoin as digital gold, further validating its legitimacy. Suddenly, investors and mainstream media outlets across the world have started to endorse and adopt Bitcoin.
At this rate of growth, the entire cryptocurrency market cap will surpass US$100bn in the coming days or weeks. That is absolutely unprecedented, and perhaps only a sign of things to come.
FAO: I like this part: “Very Soon”.
Michael del Castillo – CoinDesk
Mathias Sundin has come a long way since campaigning as the first Swedish politician to exclusively accept bitcoin donations.
After being elected in 2014, Sundin has helped turn the nation’s banks into some of the most progressive in the world when it comes to working with bitcoin startups. And now he’s joined Sweden’s largest bitcoin exchange, BTCX, as chairman of the board.
Asia Asset Management
A considerable number of companies aiming to bring blockchain technology to global financial markets have decided to release the code to their technology as open-source software, according to a new report from Greenwich Associates.
Alex Sunnarborg – CoinDesk
CoinDesk Research’s Q1 2017 State of Blockchain report summarizes key trends, data and events in the public and enterprise blockchain sectors in Q1 2017.
FAO: Good stuff.
Fred Imbert – CNBC
The digital currency hit a record high of $2,967.48, according to CoinDesk.
The most natural and immediately viable use for Blockchain may be in the creation of the world’s largest supercomputer via distributed computation.
Nicole Ogrysko – Federal News Radio
The General Services Administration is piloting a federal blockchain pilot initiative this summer.
It’s part of an ongoing effort from GSA’s emerging citizen technology program to bring agencies together to discuss business cases and best practices for piloting and eventually adopting new artificial intelligence and advancing technologies.
Sketch Guy, By Carl Richards – NY Times
Last week, I announced the beginning of a semiregular “Ask the Sketch Guy” service. Send me your questions, but not just any questions. I want to explore the deep, dark conversations that we don’t hear on the financial pornography network, like how we feel about money and how money makes us feel.
To kick off things, Shawn Cook from San Diego asked a question about Bitcoin. His hipster friend is constantly bugging him to invest in the cryptocurrency. It’s making Shawn wonder: Should he ditch his boring old index fund?
FAO: Good one: “So, Shawn, the moral of the story is that your friend just might be right. But then again, he might be flat-out wrong.”
Will follow new “Ask the sketch guy” posts.
Paul McNeil – Huffington Post
Several companies are exploring the use blockchain and other distributed ledgers as the basis for peer-to-peer IoT device identification and secure M2M communications.
James Eyers – AFR
A scientific study of blockchain by the CSIRO’s specialist Data61 unit has found the management of supply chains, including trade finance and insurance, as a “highly promising” use case for the emerging technology, which will enhance productivity across the agriculture, banking, healthcare, logistics and public sectors and help business and government manage the deluge of data about to be unleashed by the internet of things.
FAO: Florin Adrian Oprea, Editor-in-chief Blockchain Daily News