Dubai announces plans to put the entire Emirate onto the blockchain

Dubai announces plans to put the entire Emirate onto the blockchain

WHY THIS MATTERS IN BRIEF Dubai wants to become less dependent on oil and the emirate is rapidly becoming one of the most progressive nations in the world.   Earlier this week, at an event hosted by the Dubai Future Foundation and the Smart Dubai Office, the Crown Prince of Dubai announced...

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Nasdaq-GE blockchain paves the way for Virtual Power Plants and distributed energy grids

Nasdaq-GE blockchain paves the way for Virtual Power Plants and distributed energy grids

WHY THIS MATTERS IN BRIEF Nasdaq imagines a day when you can bypass the local power company and buy power from whoever you like – even your neighbours.   Imagine a day when the national rail company buys its power from collectives of neighbourhood consortiums who have an excess from...

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From line to plate, Tuna gets its own blockchain

From line to plate, Tuna gets its own blockchain

WHY THIS MATTERS IN BRIEF Tuna becomes the world’s first fish to get its own blockchain to track it’s provenance from net to plate.   Most people have heard of bitcoin but fewer people are familiar with blockchain, the revolutionary technology that underpins it. And now this technology, which ostensibly began life in the...

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Wanxiang announces plans to use Blockchain to underpin it’s $30 Billion Smarter Cities program

Wanxiang announces plans to use Blockchain to underpin it’s $30 Billion Smarter Cities program

WHYTHIS MATTERS IN BRIEF Blockchains momentum keeps rolling on with another company announcing another major push.   Another company jumped on the blockchain bandwagon in a big way, with Wanxiang’s $30 billion smart city project. The Chinese electric car maker announced the mega-project at last weeks Global Blockchain Summit. Wanxiang said...

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BHP turns to blockchain to improve its supply chain

BHP turns to blockchain to improve its supply chain

WHY THIS MATTERS IN BRIEF Blockchain is finding a home in the enterprise and now BHP want to use it to improve their supply chain.   At this weeks Global Blockchain Summit BHP Billiton, the world’s largest mining firm, revealed that it is going to begin using the Ethereum blockchain and IPFS running on Microsoft Azure...

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Accenture debuts editable blockchain prototype

Accenture debuts editable blockchain prototype

WHY THIS MATTERS IN BRIEF One of Blockchains key attributes is that it serves as an Immutable Record, now Accenture wants to change that.   Accenture is courting controversy among the blockchain community by patenting a technique that will allow it to edit information held on the blockchain in an attempt...

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SpaceX explosion sees Facebooks African internet project go up in smoke

SpaceX explosion sees Facebooks African internet project go up in smoke

WHY THIS MATTERS IN BRIEF The Facebook CEO said he was ‘deeply disappointed’ in explosion of Falcon 9 rocket carrying satellite intended to provide internet coverage to parts of Africa   In October last year Mark Zuckerberg, Facebooks CEO, proudly announced his first project to deliver internet from space. The post read: “As...

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The USAF will plasma bomb the sky to improve radio reception

The USAF will plasma bomb the sky to improve radio reception

The US Air Force has plans to improve radio communication over long distances by detonating plasma bombs in the upper atmosphere using a fleet of micro satellites. Since the early days of radio, we have known that signals that cannot be picked up by day may be heard clearly at night...

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GE reinvents the dryer to disrupt the laundry industry

GE reinvents the dryer to disrupt the laundry industry

WHY THIS MATTERS IN BRIEF GE shows us that you can reinvent even the most mundane products and use technology to disrupt your industry   Heating laundry inside a standard 220 volt clothes dryer is a huge energy drain and most households have one but, in an example of how...

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The world’s first telepathic interface is getting better

The world’s first telepathic interface is getting better

WHY THIS MATTERS IN BRIEF Imagine a new form of communication, one that transcends phones and virtual reality. Imagine telepathy.   I know what you’re thinking… literally. Only kidding – for now anyway. Imagine being able to read another persons mind then imagine a question and answer game played by two people...

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Bitcoin slumps twenty percent after $65m Bitfinex hack

Bitcoin slumps twenty percent after $65m Bitfinex hack

The Bitfinex heist is the latest is a growing line of high profile heists that are undermining confidence in the crypto currency The price of the virtual currency Bitcoin fell sharply Tuesday after Hong Kong-based digital-currency exchange Bitfinex said it was hacked, resulting in the possible theft of $65 million...

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Governments mull replacing citizens wages with an Universal Basic Income

Governments mull replacing citizens wages with an Universal Basic Income

WHY THIS MATTERS IN BRIEF Today it’s already a fact that more and more jobs are being automated by machines, faced with societal unrest and mass unemployment Governments around the world are now turning to the idea of providing an Universal Basic Income for everyone.   What would you do...

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Facebook Aquila takes to the skies to connect the rest of the world

Facebook Aquila takes to the skies to connect the rest of the world

WHY THIS MATTERS IN BRIEF Only half the world is connected, Facebook’s connecting the other half.   Facebook has achieved the first successful test flight of the Aquila drone, marking another notable milestone in the firm’s efforts to deliver internet access to 4 billion people worldwide who are still off...

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Ethereum community votes to reverse DAO hack

Ethereum community votes to reverse DAO hack

In a landmark decision, the distributed, decentralized community that makes up Ethereum came to a near-unanimous consensus to implement a radical software change, known as a “hard fork.” This has been done in order to prevent a hacker who attacked The DAO and drained nearly $40 million worth of ether,...

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The Hard Fork, D-Day for Ethereum and the DAO

The Hard Fork, D-Day for Ethereum and the DAO

Last month, an unknown attacker drained tens of millions of dollars worth of the digital currency Ether from The DAO, an Ethereum based smart contract aimed at functioning as a funding vehicle for projects in the ecosystem. The incident sparked an effort to effectively roll back the clock and undo...

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Companies are starting to connect the next 4 billion people

Companies are starting to connect the next 4 billion people

WHY THIS MATTERS IN BRIEF Connect another 4 billion people to the internet. Check. Disrupt the communications industry. Check.   Approximately 40% of the world is connected to the internet and of those who aren’t, many are offline for one major reason – connectivity is expensive.     If you think...

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Elon Musk wants his space internet venture to fund a city on Mars

Elon Musk wants his space internet venture to fund a city on Mars

WHY THIS MATTERS IN BRIEF Musk needs to raise $10 Billion to fund his ambitious 2026 Mars flights as well as a Martian City, the profits from this project will help fund his Mars project   Elon Musk doesn’t only plan to bring the whole world online using a fleet...

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