Crypto Utopia?

I think the Bitcoin mania has jumped the shark.  In today’s New York Times an article covered the latest effort of some cryptocurrency enthusiasts and billionaires to establish a blockchain utopia in Puerto Rico, called “Puertopia” (at least for now since it means ‘eternal boy playground’).  The article covers some interesting aspects of Puerto Rico’s

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KodakCoin

The avalanche of bitcoin schemes continues.  Interestingly Kodak is minting its own cryptocurrency “Kodakcoin” as part of a larger initiative to use blockchain as digital rights platform.  The digital rights management usage for blockchain is a concept that seems quite useful, but the part to use Kodakcoin to pay royalties to photographers using the system

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Expanded Blockchain Uses

A lot of information about blockchain focuses on it as the underlying technology for cryptocurrency, but there are some other really useful implementations that go beyond currency. Bloomberg Businessweek ran an article describing the Ripple business model.  While Ripple has created its own cryptocurrency XRP, the company is actually much more successful with its payment

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