Blockchain Daily News – Soft launch Edition #12, 06.06.2017
June 6, 2017
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June 8, 2017

Blockchain Daily News – Soft launch Edition #13, 07.06.2017

Blockchain Daily News

by Florin Oprea

Edition #13, 07.06.2017

Cryptocurrencies

Suddenly, Everybody Loves Bitcoin

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.

Total Cryptocurrency Market cap Will Reach US$100bn Very Soon

The Merkle

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”.

BitPeople

Why a Swedish MP Is Joining Bitcoin Exchange BTCX

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.

Latest Developments & Agreements

Race To Deliver Blockchain To Financial Markets Heating Up

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.

Events

CoinDesk Research Launches State of Blockchain Q1 Report

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.

Analysis

Bitcoin Surges 8% To Record Near $3,000 Before Giving Up Some Gains

Fred Imbert – CNBC

The digital currency hit a record high of $2,967.48, according to CoinDesk.

Most Viable Use for Blockchain Might Be in Creation of World’s Largest Supercomputer

The Cointelegraph

The most natural and immediately viable use for Blockchain may be in the creation of the world’s largest supercomputer via distributed computation.

Other news

GSA Exploring Blockchain, Artificial Intelligence As New Digital Services Pilots

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.

Ask the Sketch Guy: Should I Finally Buy Some Bitcoin?

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.

Opinion

Why The Future Of IoT Needs Blockchain And Distributed Ledgers

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.

Data61 Reports Blockchain Will Have A Profound Impact On The Economy

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