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Tag Archives: blockchain

The Blockchain Technology Is On the Agenda of the Upcoming G20 Summit

It seems that bitcoin, and the blockchain technology in general, will be one of the priorities on next the Group of Twenty (G20) summit’s agenda, which is expected to be held in Hamburg, Germany next July. Along the communiqué, which outlined the priorities of the upcoming G20 summit, the Presidency of the summit stated that the popularization of digital technologies ... Read More »

An Application That Converts National Fiat Currencies To Blockchain Based Cryptocurrencies

The high security levels offered by cryptocurrencies, via the blockchain technology, offer an ideal financial ecosystem for minting national currencies. A recently published paper introduced an innovative application that utilizes the blockchain technology to transform fiat money into a cryptocurrency; ether. This technology can become a part of a much bigger system, so that, after travelling outside his/her country, a ... Read More »

Blocktix : Decentralized Network for Event Hosting & Ticketing Using Ethereum’s Blockchain

Blocktix is a novel, decentralized platform for ticket distribution and event hosting. The platform operates via Ethereum’s smart contracts, which enable verification of authentic tickets rendering it almost impossible to counterfeit them. Blocktix is aimed at providing a decentralized network for distribution and sales of tickets. Individuals as well as companies can buy and sell tickets via means of cryptographic ... Read More »

The Blockchain Technology, Smart Contracts and Legal Procedures

A significant sum of money is spent every year in various litigation processes. Technically speaking, a significant portion of litigations can be prevented from even emerging provided that contracts, laws and policies are properly objectified. Today, the interpretation of legislations, policies and contracts yields a great deal of confusion and a myriad of ambiguities, which further complicates the process of ... Read More »


Hallex – A Decentralized Cryptocurrency Exchange Via Ethereum’s Turing-Complete Blockchain

A large number of cryptocurrency exchanges have experienced cyberattacks that led to the loss millions of US Dollars worth of bitcoins and altcoins, during the past 4 years. In most cases, most cryptocurrency exchanges utilize centralized servers, where trading takes place, to store and manage digital assets, which renders them highly valuable targets for hackers. Accordingly, decentralized exchanges represent ideal ... Read More »

µchain – A New Mutable Blockchain That We All Need!

A group of researchers have recently published a paper that explored the idea of creating mutable proof-of-work (PoW) blockchains. They presented µchain, a novel mutable blockchain, that promotes modification of blockchain’s history. By definition, a blockchain represents an immutable, decentralized data structure that record a chain of events, such as financial transactions in case of a cryptocurrency system. Even though ... Read More »

The Kibbutz Economy and The Blockchain – A Hypothetical Scenario

Kibbutzim is a social experiment that has successfully achieved its pre-set goals during the initial years following establishment of this Israeli collective community. During the later parts of the twentieth century, the altered circumstances have faced Kibbutzims with criticism regarding the goals and functioning style of this social experiment. Nonetheless, Kibbutzims have successfully managed to develop and become one of ... Read More »


Concepts of Cryptolaw – How Blockchain Based Legal Applications Are Changing The Law?

The advent of bitcoin has introduced the world to a groundbreaking innovation that can change the face of humanity once and for all. The past few years have witnessed governmental interests, across several countries, in many of the aspects and applications of the blockchain technology. The examples are numerous; The Bank of England will issue its own cryptocurrency. Sweden is ... Read More »

Æternity Blockchain – A Functional Oracle Machine

Æternity is an exceptionally scalable blockchain protocol that is based on Ethereum’s network. Æternity offers a unique consensus mechanism that can be utilized to check oracles (we will touch on oracles later on in this article), which maximizes their efficiency, as Æternity prevents layering of consensus mechanisms on top of one another. State channels are implemented to maximize scalability and ... Read More »


Melon Protocol – A Protocol for Managing Digital Assets Using Ethereum’s Blockchain

The past few years have witnessed the emergence of a wide variety of digital assets including cryptocurrencies, contracts for difference (CFDs), collateralized digital assets and others. Consequently, the need for methods to manage this rapidly growing class of assets is increasingly becoming urgent. Although this could be possible via investing in hedge funds, specializing in digital assets, lack of standardization ... Read More »

Arizona Bill Would Ban Mandatory Tracking of Firearms By Blockchain

On January 17th, 2017, Arizona State Representative Paul Boyer introduced House Bill 2216, a piece of legislation which would ban the mandatory tracking of firearms with blockchain technology. The bill provides exceptions for firearm owners who voluntarily agree in writing to having their firearm tracked with blockchain technology, as well as an exception allowing law enforcement officers, who have obtained ... Read More »


Blockchain Interaction Unit (BIU) – You Don’t Need An Electronic Device To Use The Blockchain!

The blockchain technology has introduced the world to a new form of decentralized economy. The cashless financial ecosystem of cryptocurrencies is not only highly secure, but also offers trivial transaction fees when compared to the transaction fees imposed the retail banking sector. Many decentralization enthusiasts believe that the future economy will be greatly represented by blockchain platforms. Nevertheless, to be ... Read More »


VirtualPatent – Tracing Online Ideas Via Decentralized Trusted Timestamping Using Bitcoin’s Blockchain

Social networks and other forms of online discussion platforms have made it possible for ideas to be disseminated in the blink of an eye. Nevertheless, there are several logical justifications that render individuals hesitant to share their ideas on the internet. For example, academic researchers usually prefer not to make their contributions public, until they have been formally published to ... Read More »


K-Chains – Blockchain Protocols Based On Quantum Mechanics

Quantum mechanics have ignited a transformational change in the way we envision the world and utilize technology. Economics is one of the prominent fields throughout which Quantum mechanics can be deployed. Quantum mechanics can be utilized to create a novel class of blockchains. A new paper has just been published exploring the possibilities of building blockchains on the basis of ... Read More »

Ouroboros – A New Proof-of-Stake (PoS) Blockchain Protocol

Ouroboros is a new proof-of-stake (PoS) blockchain protocol that offers rigorous security measures. The new blockchain protocol establishes security properties that are comparable to those offered by bitcoin’s blockchain protocol. As Ouroboros deploys the PoS concept, it is qualitatively more efficient than blockchain protocols that rely on the proof-of-work (PoW) concept. The creators of Ouroboros showcased the practicality of its ... Read More »