Venezuela launched the presale of its own cryptocurrency, the petro, today. There are currently 82 million tokens available, which the government plans to follow with an initial coin offering (ICO) launch in a month. It’s the world’s first sovereign cryptocurrency, built on the Ethereum blockchain and intended in part to save the country from wild inflation. The bolivar has reached quadruple-figure inflation recently, and one bolivar is currently worth 0.00004 USD.
Brock Pierce inside the former Children’s Museum in Old San Juan, P.R., which he and his colleagues hope to make part of a crypto utopia where the money is virtual and the contracts are all public.
It’s quickly becoming apparent that blockchain technology is about far more than just Bitcoin. Across finance, healthcare, media, government and other sectors, innovative uses are appearing every day.
Blockchain-based skills platform BitDegree has unconventional plans for connecting tech talent and recruiters.
Privacy and anonymity are all the rage, and these coins are benefiting big time.
Predicting the future requires hubris, and it should therefore be met with more than a terabyte of skepticism. In past years, I’ve made some calls that have proved prescient like predicting way back in 2011 that social media would determine the U.S. presidential election. Meanwhile, some took decades longer than I had foreseen such as my 1992 prediction that this new thing called the Internet would lead Hollywood studios to merge with telecommunications companies.
Its government is virtual, borderless, blockchained, and secure. Has this tiny post-Soviet nation found the way of the future?
Everipedia today announced Wikipedia co-founder Dr. Larry Sanger would be joining the company as it prepares to bring its online encyclopedia to the blockchain.
BitDegree is a blockchain-powered online education platform that aims to change the way we get a degree. Find out how it works today in our review.
There are more ways to pay for goods and services now than ever before, and as such paper money seems increasingly old-fashioned.
Japan has risen above the U.S. in the worldwide rankings for the largest bitcoinexchange market. The country now accounts for roughly 48 percent of the global market share, reaching a high of 51 percent over the weekend.
With the cryptocurrency market cap now estimated to be in the hundreds of billions of dollars and a sort of familiar frenzy kicking into overdrive, here’s another reminder that widespread adoption by the U.S. public has not yet materialized.