Category Archives: Blockchain

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Good news for Blockchain -EU not in a hurry to regulate! reported that  as “…blockchain technology has the potential to transform the business landscape and make its mark across many different sectors, it is imperative that policymakers become more accommodating with the development and adoption of blockchain technology.”  The September 11, 2018 article entitled “EU Holds Off on Crypto Regulation” was not limited to cryptocurrencies … Continue reading this entry

Wow! 84% of companies are using Blockchain! reported about the “the release of PwC’s Global Blockchain Survey 2018, which highlighted that 84% of companies are now incorporating blockchain technology at some level…”  The August 28, 2018 report entitled “PwC survey: 84% of companies now using blockchain, so what does the future hold?” included these comments Shiv Malik (Head of Strategy and … Continue reading this entry

SAP offers ERP Blockchain as a Service (BaaS)

Computerworld reported that SAP recently “created a consortium of business partners to help it craft applications for a cloud-based blockchain platform that can track goods from creation to shipment to manufacturer as part of an automated supply chain system….. consisting of seven companies, including Intel, Hewlett Packard Enterprise Co. (HPE), UPS and A3 by Airbus … Continue reading this entry

Foley 2018 Cryptocurrency Survey – Cryptocurrency Regulation is Critical!

After reviewing the Foley 2018 Cryptocurrency Survey results Eddie Block and I posted this article entitled “Amid Increased Activity in Texas and Across the Country to Regulate Cryptocurrency Activities, Industry is Also Seeking Greater Regulatory Certainty” Take a look at the Survey and let us know what you think.… Continue reading this entry

Blockchain Smart Contracts are neither smart nor contracts!

Smart Contracts are basic to creating and verifying blocks in Blockchain, and Wikipedia defines a Smart Contract “is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract.” But if you study that definition really Smart Contracts are computer programs which are “made partially or fully self-executing, self-enforcing, … Continue reading this entry

G20 countries skeptical about cryptocurrencies & Blockchain reported that “crypto assets, which include cryptocurrencies, tokens, and ICOs, ‘raise issues with respect to consumer and investor protection, market integrity, tax evasion, money laundering and terrorist financing.’” The August 6, 2018 article entitled “G20 Countries’ Cryptocurrency Regulations Highlight Contradictory Blockchain Realities” included these comments: At the 2018 G20 international forum, finance ministers and … Continue reading this entry

Bermuda, Malta or Gibraltar are great places to avoid cryptocurrency regulation!

The New York Times reported that “Now the race is on to become the go-to destination for cryptocurrency companies that are looking for shelter from regulatory uncertainty in the United States and Asia.” The July 29, 2018 article entitled “Have a Cryptocurrency Company? Bermuda, Malta or Gibraltar Wants You” included these comments: In small countries … Continue reading this entry

Big news for central Texas - Chinese Bitcoin mining to start at shutdown Alcoa Aluminum factory!

The reported that in a small Texas town of Rockdale that  “Chinese firm Bitmain Technologies is opening cryptocurrency mining operations at the site of a former aluminum smelter.”  The July 20, 2018 report entitled “With coal gone, this Texas town is going all in on Bitcoin mining!” included these comments about Bitmain Technologies, based … Continue reading this entry

Are you ready for Walmart Blockchain patents? reported that among other patents Walmart “has procured a patent for medical records being kept on a blockchain—or “public ledger,” as they refer to it. Patient’s data will be stored in a wearable device, combined with an RFID scanner, for medics to access using the patient’s fingerprint or retina in an emergency.”  The July … Continue reading this entry