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...
Amazons drones will recharge themselves using street lamposts
WHY THIS MATTERS IN BRIEF Amazons new patent could change the look of your community forever. It looks like Amazon is finally answering a fundamental question about its long awaited delivery drones – where will they land? And a possible answer, according to a recent patent filing that they put...
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...
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...
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...
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,...
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...
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...
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...
