• Politics dominates much of the Bitcoin vs. gold debate. Bitcoin enthusiasts often speculate on how the digital currency can undermine the state, fostering individual economic liberty for society at large. On the other hand, Bitcoin skeptics worry about the currency enabling their political enemies to gain a financial advantage. For example, Bitcoin-friendly political candidates can draw in single-interest voters from all demographics — from both the left and right — by taking a strong and

    Is Bitcoin Better Than Gold? Part Four: Politics

    | 2015/07/07 8:00 am
  • Now, ‘Scan Your Face to Pay Your Bill’ will be a reality as MasterCard is exploring and experimenting with a new program: approving online purchases with a facial scan. For the purpose, it is testing a Smartphone app that uses facial recognition to verify online purchases. Also Read: IdentityMind Appoints Ex MasterCard CEO to Board of Advisors When facial recognition system, a computer application for automatically identifying or verifying a person from a digital image

    MasterCard Closing In On Facial Scanning for Approving Online Purchases

    | 2015/07/06 6:00 pm
  • Most governments around the world do not shy away from enlisting hackers to be part of their payroll. In doing so, officials can hire some of the best professionals in the world, be swaying them to put their skills to the test for the “right cause”, rather than damaging the infrastructure. But when even those hackers fall for an embarrassing hack themselves, things are turned on their head. Also read: DBS Blockchain Hackathon Hacking Team

    Hacking Team Collective Gets Exposed Due To Non-Decentralized Servers

    | 2015/07/06 5:05 pm
  • In the past year and a half, a lot of focus has been put onto privacy and how governments have been spying on both citizens of their own country, as well as other officials in foreign countries. A draft bill has surfaced in The Netherlands, which would regulate bulk surveillance from an online perspective. Also read: MIT’s Enigma: Decentralized Cloud Platform with Guaranteed Privacy The End of Privacy As We Know It? Our society has

    Dutch Government Officials To Change Privacy Laws With Bulk Online Surveillance

    | 2015/07/05 11:33 am
  • The next wave of decentralization may very well come from a quite unexpected corner of our society. More and more startups are focusing on healthcare for the elderly, and one way to do that is by connecting caregivers to those in need directly. HomeHero, the latest startup to target this market, recently raised US$20m in funding for their service. Also read: Regulation of Decentralized Services: Uber Drivers in London Need To Pass a Test HomeHero

    HomeHero Decentralizes Senior Citizen Care

    | 2015/07/04 12:40 pm
  • When internet connectivity finally starts to go mainstream in underbanked and unbanked regions, such as Africa, Bitcoin could greatly benefit from that. However, Kenyan government officials are attempting to regulate public Wi-Fi access by requiring users to register with the government. Also read: BitPesa Expands Bitcoin Remittance Service to Tanzania The Fight Against Cybercrime in Kenya It goes without saying that giving people free access to public WiFi without them providing some form of identification

    Kenya Public Wi-Fi Access Will Require Users to Register Devices With Government

    | 2015/07/03 4:03 pm
  • A pair of Bitcoin entrepreneurs and the MIT Media Lab has revealed a prototype for a system called Enigma, a decentralized cloud platform with guaranteed privacy. Enigma allows users to store, share, and analyze personal data without it being fully revealed to any party. Powered by the blockchain, Enigma aims to be a secure, multi-party computation. Also read: Should we Raise the Bitcoin Block Size Limit? The team at MIT has already developed a prototype for

    MIT’s Enigma: Decentralized Cloud Platform with Guaranteed Privacy

    | 2015/07/02 6:00 pm
  • Crowdfunding platforms is one key area where Bitcoin has not yet been able to break much ground, even though there are local initiatives such as BitFlyer’s platform. Now that major electronics company Sony has announced their Japanese crowdfunding platform, things might be picking up for Bitflyer and Bitcoin as well. Also read: Kraken Aims to Take Mt. Gox’s Place in japan Sony Launches “First Flight” Crowdfunding Platform It is no secret that Sony has been

    Sony’s First Flight Crowdfunding Platform Targets Japanese Market, Bitcoin Boost Imminent?

    | 2015/07/01 3:44 pm
  • Inside Bitcoins is coming to Chicago, Illinois July 10-11, 2015 at the Navy Pier. Speakers at the event will include top industry experts and professionals who will share insights into the cutting edge of bitcoin. Bitcoinist is proud to be an official media sponsor of the event. Also Read:Inside Bitcoins Comes to Chicago The schedule and complete list of confirmed speakers and sessions have been officially announced. Some of the sessions at Inside Bitcoins Chicago

    Inside Bitcoins Chicago: Speaker Highlights

    | 2015/06/30 3:00 pm
  • Coding is becoming an ever important aspect of our society. Where coders used to be called “geeks” and “nerds” for spending time behind a computer to create applications,  society is now relying on those people for our everyday life in many ways. And if you have ever wanted to see someone code live, Livecoding.tv is well worth checking out. Also read: Citi Suggests UK Government Create its Own Digital Currency Livecoding.tv – The Coders’ Version

    Livecoding.tv – A Valuable Tool For Up-and-coming Bitcoin Developers

    | 2015/06/30 2:24 pm
  • As London FinTech Week approaches — being held during September 2015 — Kevin Taylor, author of Fin Tech Law: A Guide to Technology in the Financial Services Industry that covers topics from Bitcoin to cybersecurity, will be available for interview, meeting or excerpt requests. Also read: Republican Senators Want to Outlaw Online Gambling in the US The city of London is going to host FinTech Week this September to represent the thriving Fintech community. The organizers

    Kevin Taylor Takes Questions During London FinTech Week

    | 2015/06/30 8:00 am
  • Many entrepreneurs from all over the world are keeping a close eye on Bitcoin and blockchain technology. Ever since Bitcoin started gaining popularity in 2011, quite a few entrepreneurs have dabbled in digital currency companies, not always knowing what they were getting themselves into. SmartUp is an application that virtually mentors entrepreneurs, which could be beneficial for all investment areas, including Bitcoin. Mentoring Entrepreneurs With SmartUp The Internet has opened the floodgates for anyone with

    SmartUp Mobile App Aims To Mentor Potential (Bitcoin) Entrepreneurs

    | 2015/06/29 8:08 pm
  • The world of Bitcoin and digital currency is a playground for aspiring developers, as there are still many technological advancements and implementations waiting to be unlocked. In order to help with that process, there are several API’s at your disposal to add Bitcoin functionalities to your applications. One of those platforms is BlockTrail, and they offer a complete set of tools to take your app to the next level. Also read: Symbiont Develops Smart Security

    BlockTrail Makes Bitcoin Development Easier by Lowering Entry Barriers

    | 2015/06/29 7:00 pm
  • Recently, Wall Street companies have become increasingly interested in Bitcoin’s technology. One of these companies is Nasdaq OMX Group Inc.; this week Nasdaw announced a partnership with Cain — a new San Francisco-based startup — for a “Pilot Test Program” to test trading private company shares with the blockchain. Also Read: Nasdaq OMX to Bring Blockchain Technology to Wall Street Bob Greifeld, CEO of Nasdaq, stated: ”We are excited about the potential impact of this new endeavor

    Nasdaq Partnership with Chain Marks a New Trend

    | 2015/06/29 3:00 pm
  • While developers around the world are discovering potential sue cases for blockchain technology, security analysts have disclosed multiple SSH key vulnerabilities plaguing Cisco’s network security virtual appliances. Exploiting these vulnerabilities could give hackers unlimited access to these virtual appliances. Also read Popular Android Apps Vulnerable to HTTPS Bug, More Education on Technology Needed? Cisco’s Two SSH Vulnerabilities Cisco is one the world’s leading companies as far as networking capabilities is concerned. With most of our

    Cisco Virtual Appliances At Risk Due To Two SSH Vulnerabilities

    | 2015/06/28 2:54 pm
  • NiceHash Brings Advanced Cryptocurrency Cloud Mining, Hash Rental and Multipool Now users can rent hashing power by simply placing an order and lease their rigs as simple as using a multipool thanks to NiceHash, the most advanced crypto currency cloud mining, hash rental and multipool. With its worldwide presence, NiceHash is optimal for hashing power sellers i.e. mining rigs owners and hashing power buyers located in Europe, Russia, USA , China and other near regions

    NiceHash Brings Advanced Cryptocurrency Cloud Mining, Hash Rental and Multipool

    | 2015/06/27 5:30 pm
  • Most people consider both gold currency and Bitcoin to be deflationary currencies, given their fixed supplies. In the long run, this assumption mostly is true; once all the gold and Bitcoin has been mined, their supplies cannot be expanded to keep track with demand. As a result, prices will gradually fall as the fixed supplies of the two currencies become more valuable. However, during the short run, both currencies are capable of growing in supply

    Is Bitcoin Better than Gold? Part Three: Inflation

    | 2015/06/25 6:00 pm
  • Regulating a decentralized service is an extremely difficult task that needs to be handled with the utmost care. Whether a country is deciding to regulate Bitcoin or a city such as London is looking at ways to somehow regulate Uber drivers, there is no stopping the decentralizing revolution. Also read: Blockchain Technology To Play Key Role in Consumerism Shift? Uber Drivers and the Knowledge-like Test  Any private-hire taxi drivers – including Uber drivers – in

    Regulation of Decentralized Services: Uber Drivers in London Need To Pass A Test

    | 2015/06/25 3:56 pm
  • IdentityMind is a company that provides risk management and regulatory compliance solutions to firms in the finance industry, such as banks, money service businesses, and digital currency exchanges. Today, the company is announcing its appointment of Robert Selander to its board of advisors. Selander has had an extensive career in the finance industry, with over 20 years of experience at CitiCorp and CitiBank, as well as serving as President and CEO of MasterCard.  Also Read:

    IdentityMind Appoints Ex MasterCard CEO to Board of Advisors

    | 2015/06/25 2:00 pm
  • One of the things slowing down mainstream adoption of Bitcoin is the fact you still need to have a decent internet connection to broadcast and receive payments. Even though the Western world is quite spoiled in terms of internet access, there are plenty of places where a Wi-Fi connection would be beneficial. Google, through its startup company Sidewalk labs, is planning to deploy free Wi-Fi hotspots on a large scale. Also read: News Bits on:

    Google’s Sidewalk Labs To Bring Free Wi-Fi To NYC, Potential Boost for Bitcoin Adoption?

    | 2015/06/24 4:14 pm
  • How many times a day do you get bombarded by advertisements while watching TV, browsing the web, or listening to the radio? As consumers, we are increasingly exposed to ads across all of our media devices. They are not just unwanted, most often they are also irrelevant. The Blockchain Innovation Group (BIG) aims to alleviate this nuisance through digital currency and blockchain technology.  Also Read: ShoCard Embeds Your Identity in the Bitcoin Blockchain  About the Service Pay

    Pay To Skip: A New Model Aiming To Disrupt Advertising

    | 2015/06/24 8:00 am