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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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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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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Smart appliances will disrupt banking

Smart appliances will disrupt banking

WHY THIS MATTERS IN BRIEF It’s rich, it’s smart and it’s cool – meet your new fridge.   The Internet of Everything, an emerging multi trillion dollar trend that embues a world where everything is connected to everything else and where inert ‘Dumb’ materials and products are embedded with technologies and sensors that make...

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Future corporations will run without Humans

Future corporations will run without Humans

WHY THIS MATTERS IN BRIEF A world where corporations run themselves without the need for any Human intervention is already being realised.   The future is hidden in plain sight. Multi billion dollar corporations that run without the need for people sounds like Hollywood fiction but the technology and technology...

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