the impact of blockchain technology

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Anonymous Economies

in Society by
Money Laundering

In December of 2017, the US saw its first piece of fine art placed up for sale in an auction where bids were accepted in Bitcoin only. The piece which sold eventually – a Mark Flood painting dating from 2013 – fetched the equivalent of $100,000. The buyer was unknown to anyone. The sale was…

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The Blockchain’s Impending Armageddon?

in Editor's Picks/Popular/Technology by

The Blockchain’s two most important inherent qualities are transparency and immutability. Most might argue that trust is another, but this essentially arises from a combination of the two already mentioned. Transparency – which is essentially a reference to the open-source nature of DLT – is necessary because actors on the network need to know the…

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