Blockchain: Transacting Tomorrow, Today
Welcome. This website is a resource for greater insights into blockchain, tokenomics and artificial intelligence.
“Blockchain paves the way to greatly improved cryptography and online security. It establishes faster, more efficient, more transparent, more accountable and less expensive operations and transactions. It is the future of commerce. And it’s already begun.” GW Alger
Marketing, financial technology executive and blockchain advisor/consultant. Part of a small team that built a business from nothing to over 100 million dollars in 3 years through online marketing, direct mail and national TV.
Continue reading “GW Alger”Immutable means that something is unchanging over time or unable to be changed. In the context of blockchain, distribution refers to a decentralized data storage model. Instead of one central database where all data is stored and subject to compromise, blocks of information are stored simultaneously in multiple locations and computationally locked together. Hence, immutable distribution constitutes the heart and soul of blockchain. Once data is stored in a blockchain network, it can never be changed without alerting the rest of the network. More data blocks can be added, but earlier data blocks are continuously confirmed as unchanged. Immutable distribution represents an improved paradigm of data storage.
David Chaum describes the ethos of blockchain as about empowering individuals with the keys to control their digital future. He describes another way which is about totally decentralizing the security and privacy mechanisms that are needed in the digital world to create a new version of the internet or the web. It’s the next generation …
Continue reading “How does David Chaum Understand the Blockchain Ethos?”
The implications of the changes expressed in the last video are many. But the first is that we are now no longer dependent upon centralized organizations to define value within society. Because the maintenance of these databases, where value is recorded, has shifted to information networks, it is increasingly becoming possible for anyone or any …
Blockchain is set to have a transformative effect on the very foundations of how our economies function. The study of this new form of distributed economy may be called token economics (also crypto-economics). The primary factor to appreciate in understanding the significance of token economics is this: the most basic way in which economic data …
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