Bitcoin, The Blockchain And The Future Of ‘Decentralized’ Conglomerates

With the advent of blockchain technology and smart contracts, a new paradigm of global enterprises is quickly emerging. As organizations combine forces in innovative ways, a new form of partnership called a Decentralized Conglomerate is now touted as being the “cutting-edge method” of building communities and establishing diversity in the marketplace. It’s a brave new world – if it wasn’t already before. We’ve all heard of industrial conglomerates like Phillip Morris Group and Hanson Plc. Then there are internet and digital conglomerates like Google GOOGL -0.39% and its parent company Alphabet, which has…Read more …

What Could Shape the Bitcoin Price Chart in 2016?

The year started on a low. The free fall from the previous year (2014) had not found its bottom as we crossed over to 2015. As a matter of fact, the lowest floor since 2012 was touched on January 14, 2015, when a bitcoin exchanged for an average of $177. At about this time, the cryptocurrency was receiving negative coverage from mainstreaming media, especially in relation to the Silk Road case, which was ongoing. After that, the price rallied and contained itself between $200, as the floor, and $300, as the ceiling, for…Read more …

Bitcoin Investment Trust: Major Factor of Recent Bitcoin Price Surge?

The surge in the share price of Barry Silbert-led Grayscale Bitcoin Investment Trust (GBTC) is presumed to be one of the leading factors of the recent spike of bitcoin price. BIT—the publicly-tradable shares of bitcoins operating under the ticker GBTC—was launched back in March, and represents approximately one tenth of a bitcoin. Over the past 5 days, the shares of GBTC have increased from $45 to $55.3 per share, which means that institutional and qualified brokers have been trading the digital currency at an average price of US $553 per Bitcoin. The correlation…Read more …

Encryption Is More Important, and Easier, Than Ever

Twenty years after Netscape introduced encryption to web browsers to safeguard the private data of Internet users, roughly two-thirds of web traffic still moves on unprotected channels, according to research by Sandvine, a network equipment provider. Whether you visit Amazon’s product pages, stream a movie from Netflix or read the tax rules on the Internal Revenue Service’s website, marketers and hackers can snoop on everything you do. But now, the computer industry and the United States government have embarked on a major, multifront campaign to have basic web encryption — known as HTTPS…Read more …