Here are various blog posts from different sections of our site! We have articles that cater to various blockchain interests. Enjoy exploring the world of blockchain, whether it be technical information, resource guides, entertaining articles, blockchain comedies, music, and the list runs on!
Digital governance is the act of establishing set roles, rules, and regulations within the digital space. So, it basically means setting up the rules of online activities. In this particular case, it’s the implementation of agreed-upon rules within blockchain technology.
A blockchain is fundamentally created without a single entity controlling the system. In order to complete any given task a decentralized network relies on a number of computers. Because of this, people more-or-less can run rogue. The accountability that exists within the community is the glue that strengthens the inherent benefit of the technology. (For more in-depth information, read our What the FAQ? Guide!)
So, you’ve come to Blockchain.WTF to learn, well, WTF is a blockchain? (Or for the less crude, what is a blockchain?) You may also be wondering, how does blockchain affect me? We’ve got you covered. Just watch this video, to get a quick introduction into what blockchain is, and we’ll begin the journey towards helping you navigate the world of blockchain technology!
Watch this video to learn what a blockchain is! If you’re more of a reader, though, and prefer to take in text, read our awesome What the FAQ? Guide!
Are you one of those video junkies? Well, we’ve got you covered. So if you’re interested, check out our awesome collection of videos about blockchain!
Energy Sales – Giving Power Back to Consumers With Blockchain
Energy sales are a heavily regulated market, with both local and large companies occupying the space. These big enterprises are in for a real shock: they’ll no longer be able to manipulate energy prices as heavily as they are currently. Of course, this isn’t right around the corner, but it’s coming! What’s going to drastically change the landscape of the energy market, you may ask? Blockchain technology.
Quite literally, it’s bringing a new wave in the energy revolution, in which both utilities and individuals alike play economical roles as producers and consumers of a certain commodity. In this case , the commodity is electricity. Today, electricity is sold through a facilitated dealer. People can buy and sell energy directly to one-another via blockchain, eliminating the need for a middleman entirely. Basically, it makes a peer-to-peer energy trading system a reality.
Digital identity is the term for a set of attributes that specifically demarcates an entity online. In layman’s terms, it’s the data that makes you, you on the Internet. Naturally, that type of data is sensitive. You don’t want it to end up in the wrong hands. What better way to protect your digital identity than to record it on a distributed ledger known as–you guessed it!–a blockchain!
So, it’s becoming pretty darn clear how safe and secure blockchain technology really is. It provides a level of encryption no centralized platform could even dream of in its dreams…..in its dream’s dreams. A peer-to-peer (P2P) network has many different systems working in tandem. As mentioned before (but if you didn’t catch it, read about P2P networks here), if a hacker is interested in breaking into a decentralized network, he must get into all of the the participating computers simultaneously. No small feat, even for the most skilled nefarious hackers.
The healthcare industry is currently set to face a massive overhaul. With change knocking on the doorstep, it really begs the question: how will technology have its hand in shaping this transformation? While many answers have been asserted none look more promising than blockchain technology. This new technology has professionals excited about how it can revolutionize data stored by healthcare providers.
Currently, the flow of information within the industry is largely controlled by middlemen. These middlemen often come in the form of insurance providers, who take a profit for their services. Thanks to the addition of a go-between, inflation exists in the cost of healthcare for consumers. Oftentimes, it doesn’t provide the highest quality services, or really even quality services.
Blockchain Provides Huge Strides in Healthcare Data
When it comes to healthcare reform, only one thing is certain: it’s going to be a tall task to complete. The recent change in administration has led to examination of current insurance healthcare data systems. Healthcare is poised to change, thanks to both the White House and Congress. This leaves the industry left with the question of how it is going to adapt to the rapidly changing healthcare environment.
Canada to Move Towards Massive Blockchain Undertaking
Canada is next in line to participate in the blockchain revolution. The country has latched on to the true benefits of the technology. Massive, untapped blockchain technology potential can affect (and help!) our everyday lives!
The vast, expansive nation is set to hold a conference in June, in order to discuss the potential impact blockchain may make on the country, and government. The attendees plan to discuss everything from personal identity, to data security, and tokens. Canadians realize the true capacity of blockchain technology.
Why Biometric Verification is Important in Blockchain Technology
Biometric verification is one of the hottest things on the blockchain horizon. Every person on Earth has specific features that are unique to an individual. Some of these features include fingerprints, the iris, ears, and even odor! Your body has markers that indicate you are you. In the United States, hospitals record births with finger and toe prints stamped directly to the birth certificate. Of course, this is now considered old-fashioned way to track the identity of people.
Financial institutions already implement biometric verification technology. A handful of them already require individuals to verify their identity specifically with retina scans or iris scans. This helps ensure that the person who is supposed to be accessing the account is actually accessing the account. Since biometrics are clearly something that is personally identifying information, it’s important to keep it close to the heart and not share that information.
Welcome to Blockchain.WTF, where we aim to curate the best information about cryptocurrencies and the blockchain industry. While we’re not alone in this journey and a variety of other resources exist on these topics, we have an explicit goal of being approachable, practical, and relatable… and to do it all in a fun way! We hope these ingredients will add to the recipe of global blockchain adoption. Will you help us get there?
10 PRINT ‘HELLO INTERNET’
We’ve started this project as a way to reach out to a wider gamut of users that depend on technology in a more practical sense, i.e. “How does this help me?”. Over the last few years, the definition about what a blockchain is and is not has gone through many refinements. We firmly stand in an era where the banking industry’s attempts at coopting blockchain technology has resulted only in blockchain inspiration—not a blockchain itself.
The king is dead, long live the king!
What we’re left with is a clear definition of blockchains that does indeed encompass a set of technologies, but also represents an ideal bolstered by anti-fragile protocols that enforce a social compact to the benefit of its users. As we move into 2017 colored by Brexit, Trump, and far more worries than any individual could possible handle, we have to start asking ourselves what the solution is to the widening chasm between people and their governments. Instead of expecting the very broken system to produce some magical fix (a “silver bullet”), we can instead look to new sorts of governance that obsoletes the old. These new system will have to remain free of control of any particular entity and should be native to our new reality augmented by the internet. For this, blockchains (not “distributed ledger technology”) is an ideal candidate.
Beyond the blockchain bubble
Since I got you at least this far into the article, it’s probably time to shamelessly cross-promote my talk from Ethereum DEVCON2 on this exact topic. Don’t have time for a video? I got you—my TLDR is below
Too Long; Didn’t Read
What I’m trying to suggest in this presentation is a core idea of making blockchains appealing to general masses, not due to idealogical or philosophical alignment, but instead due to practical use cases that tangibly improve their lives. This means talking about some of the problems we currently experience and how magic internet technology on our mobile phones could make things so much easier.
Filling out a new patient paper form only to have it typed on a computer is silly—wouldn’t it be easier to text my contact card? Of course, things work a bit different in blockchain land, where you always retain control of the data and grant/revoke permissions as needed. While this example is a common frustration we share, such commonalities can be limiting. Instead of finding the “perfect elevator pitch”, we should find 100 of them and connect people to those ideas that resonate most strongly with their day-to-day needs.
Starting from Scratch
The long and short of it is that we now have the technological capability to build a system that Bucky Fuller would be proud of. One that obsoletes the old, broken, highly politicized and inaccurate Diebold voting machines and replaces it with a system of digital signatures and “own your own data”. When combined with innovations in privacy so that we can count votes without revealing who voted for whom, the future might not start to look so bleak. All we ask is you share this with loved one and help make it be the best resource when your friends ask “Where do I go to get started with blockchain?”
20 GOTO 10
What we’re trying to build with blockchain wtf is a brand that can reach a global audience and do it in an easy-to-understand, down-to-earth, relatable way. That’s why we’ve organized content around specific industries of concern. Know a nurse? Send them a link to the healthcare section and help them get a leg-up on what might impact their career. Know a technologist? They might love learning more about web3. In general, we want to share tangible and socially beneficial stories with all of our families, friends, and tribes. Taking blockchain and cryptocurrency from a nascent industry to global adoption will mean we do the dance of YouTube, Facebook, and all the rest. In the meantime, we’ll be framing everything in the context of what is wrong and what we’re actually doing to fix it. If all goes well, we’ll document the whole process and help teach others along the way. Will you join us on this adventure?