Bank of England on Libra / Miller Lite’s Blockchain Game / Value Chain of Blockchain Industry
August 28, 2019
This week’s edition is PACKED full of happening and movements throughout the Blockchain, DLT, and DApps. Libra was making headlines again but not for the reasons you would expect. China is pushing forward with their state-backed cryptocurrency and it seems we have insight on who will have first access. Why stop there? The landscape sure didn’t! We’ve got insights and reports, on the value chain of the blockchain industry, a deep-dive from Binance on tokens, Electric’s Capital’s blockchain developer’s report, and Coinbase’s crypto education report. For MORE and to keep you up to speed, here’s a snapshot of the top stories this week around the industry.
?? Bank of England Governor: Libra-Like Currency Could Replace US Dollar
Mark Carney, the Governor of the Bank of England, while speaking at the U.S. Federal Reserve’s annual symposium in Jackson Hole, Wyoming proposed that a digital currency like Facebook’s Libra could be best option to replace United States Dollar to digitally transform the financial system. He further added, it’s better to replace the US Dollar with some digital currency rather than its reserve status taken over by another nation currency such as China’s renminbi… read more
?? Alibaba, Tencent, Five Others To Receive First Chinese Government Cryptocurrency
China’s central bank will launch a state-backed cryptocurrency and issue it to seven institutions in the coming months, according to a former employee of one of the institutions who is now an independent researcher. Paul Schulte, who worked as global head of financial strategy for China Construction Bank until 2012, says the largest bank in the world, the Industrial and Commercial Bank of China, the second-largest bank in the world, his former employer, the Bank of China, the Agricultural Bank of China; two of China’s largest financial technology companies, Alibaba and Tencent; and Union Pay, an association of Chinese banks, will receive the cryptocurrency.…read more
?? Miller Lite Teams With Blockchain Firm for Customer Engagement Game
Miller Lite, the popular beer brand from the U.S., has collaborated with Vatom Labs, a blockchain marketing company for a campaign called “Know Your Beer.” Vatom Labs built what it calls a mobile” edutainment game,” named Great Taste Trivia, that served a 12-question quiz to cellphones, geo-targeting customers in over 230,000 bars and restaurants across the U.S. Customer answering all the questions will be rewarded $5 to purchase Miller Lite with Vatom Labs working to ensure that the $5 prize token “cannot be counterfeited.”…read more
?? Libra Members Consider Quitting Project Due to Gov’t Pressure: Report
Facebook’s newly-founded Libra Association’s members are planning to withdraw their support due to severe regulatory pushback. As the members are concerned about their own business getting an unwanted regulatory investigation…read more
?? US Presidential Candidate Andrew Yang Endorses Blockchain Voting and Governance
Andrew Yang seems very much interested in adopting blockchain technology in the voting process in the country. He said, implementing blockchain tech in the voting at this stage of development would require a proper backup. However, if we look at these technological changes form a more generic point of view, we have to cope with technological advancements that are already challenging us…read more
?? Check out the Blockchain for Infrastructure Landscape
?? Value Chain of Blockchain Industry (Part 1)
2019 August Research Report of Block Crafters aims to tackle the lack of consensus over how the value chain of blockchain industry works. The report consists of three parts: 1. Industry Segment, 2. Value Chain of Blockchain Industry, and 3. Conclusion. As the highlight of this report, the second chapter includes the detailed analysis of value chain analysis of the industry, which summarizes industry players, their revenue models, critical success factors and key function at each stage of the value chain… read more and be sure to check out more by Haebin Lee
?? Ethereum Poised to Be First Public Blockchain in Hyperledger Consortium
Open-source consortium’s technical steering committee is in the process of reviewing a proposal to adopt the ConsenSys-backed Pantheon project. Pantheon is a package of Ethereum-based services built by PegaSys. If the application is accepted by the committee, the Pantheon will be renamed as Hyperledger Besu and would become the first public blockchain project added to the Hyperledger umbrella as well as it will be open to developers for contributions…read more
?? The Sexiest Ledger Ever: What is a Blockchain and Why Should I Care?
If you’ve been paying attention to developments in the tech world, you’re probably aware of blockchain technology and its most prominent application, bitcoin. The thing is, you may not really understand what blockchain is, how it acts as a foundation for bitcoin, or what else it can do…read more and be sure to check out more by Clarke Southwick
?? Use Cases of Blockchain Technology in the Public Sector Across the World
Governments all over the world and the public sector as a whole is ridden with several issues, and people are losing trust in the system. Many believe that blockchain might be the answer to bring transparency and solve the majority of those issues. There is also a lot of skepticism since blockchain is running on a trustless and decentralized system which is quite contradictory to centralized government operations…read more
?? The 2019 Leaders in Crypto Education
In this year’s [2019] report, Coinbase outlines their findings of the rising student interest in crypto, and an increasing number of courses focused on blockchain, cryptocurrencies, or bitcoin that are being taught across a range of disciplines. This interest in studying crypto at colleges and universities speaks volumes about the future of money. Quick facts from the report — 1) 56 percent of the world’s top 50 universities now offer at least one course on crypto or blockchain — up from 42 percent in 2018. 2) Nearly 70 percent of crypto and blockchain classes are in departments outside of computer science, including law, the humanities, and economics…read more and be sure to check out more by Coinbase
DApps (Decentralized Apps) Watch
?? Ethereum Has 4x More Developers Than Any Other Crypto Ecosystem
Electric Capital recently released a Blockchain Developer Analysis Report showing year over year stats. One of the critical takeaway highlights that Ethereum is still top dog for developers. The report identifies that 18% of all open-source crypto developers work in the Ethereum ecosystem. Even more, Ethereum has 4x more devs than the next ecosystem, which is Bitcoin…read more
?? Binance takes a deep dive to provide insights around on-chain tokens and which tokens significantly bring a higher utility for the blockchain industry as a whole. The 23-page report showcases how the technology can be built into almost all existing industries as well as how Ethereum (ETH) is currently the most used blockchain worldwide for developers to issue new tokens…read more
?? Coinbase WalletLink Now Lets Clients Use DApps on Desktop Browsers
Coinbase’s user-controlled Coinbase Wallet has enabled its clients to use decentralized apps (DApps) on any desktop browser through the WalletLink service…read more & even more here by Siddharth Coelho-Prabhu
?? Deploying a full-stack dapp to Microsoft Azure
The Kauri Team walks you through a tutorial on how to deploy a dapp using Microsoft Workbench Blockchain. Blockchain Workbench allows you to deploy a blockchain ledger along with a set of Azure services used to build a dapp. Once deployed, Blockchain Workbench provides access to client apps to create and manage users and blockchain applications…read more
?? Decentralization Is Inevitable. Will You Be There First?
Great piece by the LiquidApps team —Decentralization is the next great step in the technological revolution, unlocking new business models and making the internet a more prosperous, free, and human place. With the DAPP Network and its multi-blockchain services, all blockchains can become more versatile, and internet companies and applications can get ahead of the curve by safely taking the necessary steps to prepare for the decentralized future…read more
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