BYU Law, a leading national law school focused on innovation, is excited to announce that it is joining the Global Legal Blockchain Consortium (GLBC). The GLBC is, with the addition of BYU Law, comprised of 100 large companies, law firms, software companies and universities working together in the development of standards to govern the use of blockchain technology in the legal field.
“Working with the GLBC is the latest step in the Law School’s dedication to legal technology innovation,” said Gordon Smith, Dean of BYU Law. “Our curriculum, scholarly research, and collaborations are adapting to the technological changes that shape the world our students will enter when they graduate.”
BYU Law’s Transactional Design Project, which is spearheading BYU Law’s collaboration with GLBC, is dedicated to studying both well-established and disruptive forms of market infrastructure. The Project is an incubator for new studies and research methods, acting as a platform for academic and private sector collaboration. These collaborations take multiple forms.
“Our focus at BYU is on producing cutting edge research on the latest developments in global markets, so we can provide guidance to policymakers and introduce students to the technologies that will be shaping global commerce for decades to come,” said BYU Law Professor Matthew Jennejohn, an expert on the relationship between legal institutions and economic growth who leads the Transactional Design Project. He also partners with the Accord Project and the Legal Working Group of the Enterprise Ethereum Alliance.
In addition to developing new scholarship, and building a strong network of transactional design scholars and thought leaders, BYU Law is committed to equipping its students to operate in an increasingly tech-driven legal landscape. Curricular offerings now include courses on blockchain and cryptocurrency, information privacy, and legal design, as well as seminars on coding and legal technology and an open lecture series on the future of law.
“We are excited to have BYU Law involved in the Global Legal Blockchain Consortium,” said David Fisher, a Director and Founder of the Global Legal Blockchain Consortium. “BYU Law brings a wealth of insight and innovation in legal technology and its impact on some of the modern global economy’s most pressing issues. We look forward to collaborating with BYU Law to further the consortium’s work.”
In 2018, BYU Law hosted the first Winter Deals Conference for legal scholars and thought leaders from across markets, an inaugural Blockchain Summit for professionals and lawyers in the blockchain space, and the Utah location of the first-ever Global Legal Hackathon. The 2019 BYU Blockchain Summit will bring together preeminent scholars, practitioners and thought leaders to further the conversation of how blockchain technology is transforming markets, institutions, digital relationships and civic life. For more information about the Blockhain Summit, visit.
Salaries for Blockchain Engineers are Skyrocketing, Now on Par with AI Experts
The value of cryptocurrencies might be down in the dumps, but demand for blockchain engineers has never been higher. Blockchain engineers are making between $150,000 and $175,000 on average, according to global stats provided to CNBC by Hired, a San Francisco firm that helps clients recruit tech candidates. That’s quite a premium over the $135,000 salaries that typical software engineers earn on average, according to Hired, which uses data from its service to compile the stats.
In fact, salaries for engineers with blockchain expertise are on par with developers who specialize in artificial intelligence, and higher than any other specialized engineering roles, Hired says.
Demand has grown as large companies have begun to work on projects that make use of the technology. Facebook, Amazon, IBM and Microsoft are among companies that have job listings at the moment for blockchain engineers.
Hired added blockchain as a sub-role to its service at the end of 2017, and since then, the company has seen postings for jobs that seek employees with blockchain as a desired skill rise by 400 percent.
“There’s a ton of demand for blockchain,” said Mehul Patel, CEO of Hired. “Software engineers are in very short supply, but this is even more acute and that’s why salaries are even higher.”
At the moment, these type of jobs tend to carry titles such as back-end engineer, systems engineer or solutions architect, but more of these positions tend to list blockchain as a desired skill for the job, according to Hired.
Bitcoin wallet Blockchain.com Announces Airdrops
Bitcoin wallet and blockchain analysis service Blockchain.com has decided to host airdrops. The platform, whose 29 million wallets make it the industry’s largest bitcoin wallet provider, unveiled its airdrop program on Oct. 17.
“We think that airdrops, when executed properly, have the potential to meaningfully drive decentralization and supercharge network effects,” they explained. “That’s why we’re thrilled to share a set of guiding principles that will inform Blockchain Airdrops.”
The service promises to be good news for token creators, who can tap into Blockchain.com’s network of ready-made cryptocurrency users. It remains to be seen, however, whether wallet owners will take kindly to being showered with largely worthless tokens. Just as the Coinbase-owned Earn.com allows emerging ICOs to get seen by influencers, Blockchain.com will place ICO tokens in the hands of core users.
“Since Blockchain users self-custody,” the company explains, “they have immediate control, ownership and use of their newly-airdropped crypto. They can participate directly in the network without going through a cumbersome intermediary.”
Accenture and Siam Commercial Bank to Release Blockchain Supply Chain Tool
Accenture and Digital Ventures Co. Ltd, a fintech subsidiary of Siam Commercial Bank, have co-developed and launched a unique blockchain solution to simplify the way companies buy and sell goods, make and receive payments, and obtain financing.
The solution — the world’s first fully integrated procure-to-pay solution on the Corda open-source platform from enterprise blockchain software firm R3 — leverages Accenture’s expertise in distributed ledger technology and its capabilities in technical architecture to create large gains in efficiency for all parties involved. The digital solution was created with SCG, a leading business conglomerate in the ASEAN region, using design thinking, agile methodology and DevOps principles, along with microservices and cloud technologies. Digital Ventures’ Blockchain Solution for Procure-to-Pay, also known as “B2P,” is already in production use, handling transactions with selected SCG suppliers.
“The most exciting part of the blockchain solution is that the outcome is so tangible: the efficiency improvement, the cost reduction and the convenience that all stakeholders have experienced with this platform,” said Divyesh Vithlani, who heads Accenture’s Financial Services practice in the ASEAN region. “This successful outcome is a powerful testament of the collaboration we have with our clients, while delivering value in the market at speed.”
Results from the work at SCG have shown that the new platform has improved the efficiency and transparency for all parties across the procurement supply chain process. The solution helped minimize the potential for human errors and created a seamless integration of purchase orders and invoices between organizations, without the need for reconciliations and adjustments.
The platform can significantly reduce invoice financing time and prevent fraud, resulting in lower cost of financing and longer credit terms. It also reduces the need for physical billing, which can eliminate millions of physical invoices per year and makes SCG’s network of suppliers ready to be integrated with Thailand’s e-tax invoice program, freeing up time to perform other value-added activities.
“This is a breakthrough technology that offers a lot of value,” said Orapong Thien-Ngern, Digital Ventures’ chief executive officer. “Given that most supply chains involve a large number of suppliers, the complexity of integrating and reconciling all the different systems from each of the companies can be a costly, daunting and time-consuming task. Blockchain enables parties to securely share all the information without the need for extensive integration between their various technology systems.”
Accenture and Digital Ventures completed the platform design and implementation in only five months, collaborating with R3 to overcome a series of technical challenges, including integrating multiple systems for purchase orders, goods receipts, invoices and payments. The project solidifies Accenture’s position as a leading blockchain innovator and partner in the ASEAN region.
“We expect to be able to scale this innovative blockchain solution and leverage it for other functions beyond just procurement, including order-to-cash, international money transfer and trade finance,” Vithlani said.
Aidemy is Offering an Online Learning Platform Specialising in Blockchain Programming
Aidemy is the learning platform where students can learn how Bitcoin and Blockchain work with Aidemy’s coding exercises. According to a report prepared by Satis Group Crypto Research, around 81% of the total number of initial coin offerings launched since 2017 have turned out to be scams.
To solve this problem, the “Beginners for Blockchain” course by Aidemy will educate all investors about all things Blockchain and cryptocurrency that are vital to success. Students can now easily learn the notion of Blockchain through coding exercises which implement “mining”, “Adding transactions”, and “consensus algorithm”. Aidemy has also prepared a fully interactive environment, enabling students to practice coding on their own web browsers.
“We will clear the hurdles to integrate technology and industry. Everyone needs to know about Blockchain, especially, people in the financial and tech industries. Aidemy supports people who try to integrate cutting edge technology in all areas of their business,” said Akihiko Ishikawa, Co-Founder, CEO of Aidemy Inc.
Pricing: 3 courses (Python Introduction, Numpy, Blockchain Basic) For Free
SimpleFX Makes CFD Trading Fast and Easy Like Never Before with the Launch of the New SimpleFX WebTrader Tool
SimpleFX, one of the fastest growing CFD platforms, has just released a new version of SimpleFX WebTrader with the goal of becoming the fastest and easiest of all trading tools available at present. The company has also joined hands with the affiliate tracking platform Unilink.io to help its clients enjoy real-time revenue tracking benefit and up to 40% share rates.
SimpleFX is pleased to announce the official release of the new version of SimpleFX WebTrader, a state-of-the-art tool that will make CFD trading effortless for all types of traders regardless of their trading experience. SimpleFX is a highly referred destination for trading CFDs on Forex, Cryptocurrencies (BTC/USD, LTC/USD, ETH/USD and more), indices, precious metals, and energy. The platform offers a wide range of payment methods, including cryptocurrency deposits.
SimpleFX claims that the new version of their SimpleFX WebTrader is the simplest and the most powerful online trading tool that offers a high degree of speed and reliability. In order to deliver the best trading experience, the team has come up with a remodeled and more efficient trading engine that provides faster loading times and price updates. The new SimpleFX WebTrader is designed for mobile devices, and allows one tap trading.
The new and improved SimpleFX WebTrader tool is an excellent app for learning the basics of day trading because it has now reduced the minimum number of actions needed to perform each trade. With the quick trading mode, the users can open and close orders, positions, and trades with just one click. By opening a fully functional demo account with no minimum deposits, the beginners can learn all the fundamental aspects of CFD trading.
SimpleFX WebTrader is packed with an exquisite range of advanced features that will make trading more efficient and profitable for the seasoned traders. One of the most noteworthy features of the new version of SimpleFX WebTrader is its safe and secure API manager that allows the traders to plug-in any of their favorite automated trading, advanced analytics, or artificial intelligence modules. This new API manager also allows SimpleFX WebTrader to function as a powerful desktop trading app.
SimpleFX has also launched their content website blog.simplefx.com with a dedicated editorial team. The objective of this website is to create online courses, classes, and tutorials for both beginners as well as experts in the field of trading. It will also feature plenty of news, updates, and market analysis for the day traders.
Alongside the launch of the new version of SimpleFX WebTrader, SimpleFX has entered into a partnership with Unlink.io, a third-party affiliate management solution. This alliance ensures that all SimpleFX users will now have access to a stack of effective engagement tools helpful in building and activating their multi-level affiliate network. Management of affiliate partners will become much easier, with benefits such as real-time stats for clicks, views, conversion rates and multilevel revenue income. Unilink.io also helps track the affiliates on a map and expand the network with a great set of multilanguage designs for their campaigns. Most importantly, the lifetime revenue share rates stay high, reaching 40% of the spread on each SimpleFX transaction a recommended trader will ever make.
SimpleFX has just introduced a limited-time cashback offer that cuts the spread on each trade by 20%, to encourage traders to try out their new product. This 20% Cashback promo started on October 10, and will conclude on November 8.
Traders looking for a fast and reliable trading app with 1:500 leverage are encouraged to try SimpleFX WebTrader without any delay whatsoever.
About SimpleFX: SimpleFX is a robust online trading provider, offering CFD on Forex, Cryptocurrencies, indices, precious metals and energy. The company’s mission is to keep their offer and trading conditions simple and transparent.
Email: [email protected]
Abu Dhabi Ports to Test Blockchain Trade Solutions Internationally
Today’s announcement marks the latest milestone for “Silsal” project, which is considered to be the first Blockchain-based solution to be developed locally by an Abu Dhabi local entity. The innovative solution provides a seamless and secure link between stakeholders across the trade community using the electronic ledger system.
As part of a Memorandum of Understanding signed between Maqta Gateway and the Port of Antwerp to exchange experiences and promote collaborative innovation, the two parties will test this advanced project. The latest test of the Silsal project will play a vital role in supporting companies conducting trade transactions between the UAE and Belgium, providing full cargo visibility and streamlining trade flows and supply chains. The pilot project will test the capabilities of the technology to exchange, identify and acknowledge cargo documents and certificates between Abu Dhabi Ports and the Port of Antwerp.
Commenting on Silsal’s first international project, Captain Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports, said:
“This is an important moment for us as we prepare to implement the first applied blockchain solution of its kind between Abu Dhabi and the world. Our technology experts at Maqta Gateway are working with world-class international partners, such as the Port of Antwerp, to deliver fast, reliable, and secure trade transactions through rigorous development and testing programs.”
Blockchain technology acts as an open digital ledger that can be used by trade actors to record and extract transaction details with greater security, transparency and efficiency. First unveiled in June 2018, the Silsal project has been rolled out in several operational phases and will be offered first to freight forwarders and their customers, and subsequently offered to the rest of the trade community as a complementary tool to Maqta Port Community System.
LINK Now Available to Trade, Exclusively on BITBOX
LINE Corporation announced today that its digital token LINK (LN) is now exclusively available to trade on its digital asset exchange BITBOX. LINK can now be traded on BITBOX with three major digital tokens: Bitcoin (BTC), Ethereum (ETH) and Tether (USDT). The official launch of LINK trading on BITBOX marks a significant milestone in the implementation of LINE’s token economy, expanding LINK’s usefulness and integration into the wider digital token community.
“We’re very pleased that users are now able to trade LINK on BITBOX, which is a major step forward in our plans for creating a token economy that rewards user participation,” said LINE CEO Takeshi Idezawa. “We think it is important to promote co-creation and mutual growth with LINK, while ensuring BITBOX continues to develop as a user-friendly platform that adds value to those who use it and contribute to our services.”
Special limited events, including airdrops of TRON (TRX)
To celebrate the launch of LINK trading, BITBOX will hold several special airdrop events. The first event involves TRON (TRX), with LINK holders receiving TRON based on the amount of their LINK holdings, and TRON depositors and traders receiving airdrops of LINK. Details and updates on this and other special events can be found on the BITBOX website (www.bitbox.me/notice).
BITBOX is also carrying out a LINK reward event throughout October for trades and net deposits depending on the trading pairs. And, in the future, BITBOX plans to add more events, including discounts on LINK used to pay trading fees.
Adding ways for users to contribute to the token ecosystem
As a key part of LINE’s token economy is user contributions and participation, LINE plans to expand both online and offline channels where users can get rewarded and pay with LINK, including LINE’s diverse dApps in areas such as social, gaming and commerce.
Already LINK traded or acquired from BITBOX can be also be used as payments or rewards for LINE’s dApp services Wizball (a knowledge sharing platform) and 4CAST (a future prediction service). And in the coming months, LINE will also launch the dApps TAPAS (food reviews), Pasha (product reviews) and STEP (location reviews), expanding the ways users can get involved and earn LINK.
State to Use Blockchain Tech to Distribute Cheaper Houses
The government plans to use blockchain technology to deal with allocation and funds management of the cheaper 500,000 housing units. The agenda will be financed by National Housing Fund under Finance Act 2018 with a three per cent contribution by employers and employees, borrowing, issuance of asset-backed securities to investors and rental revenue from current available housing stock.
Housing and urban development PS Charles Hinga said the fund will raise Sh6 billion a month translating to Sh55 billion a year to unlock the supply side of projects. CS Transport and Housing James Macharia said the country needs Sh3.2 trillion to build a million houses.
“Kenya will use blockchain technology to ensure the rightful owners live in government funded housing projects,” Hinga said during the second urban dialogue on affordable housing agenda with the World Bank in Nairobi yesterday.
Blockchain technology, which also powers the cryptocurrency transactions, allows records to be stored separately and linked using a secure code making it impossible to modify data.
Hinga said the ratio of mortgage to rent in Kenya is 6:1 with affordability of the properties a challenge. But even as the government is set to build houses that will cost between Sh300,000 and Sh3 million in various identified lands, the dilemma has always been on graft fears arising from beneficiaries and even legislators.
Hinga acknowledged that Kenyans have lost trust in what the government does especially with housing and previous fiscal wastefulness of capital intensive projects such as National Youth Service scandals I and II.
Major Collection of the Fall Auction Season to be Recorded with Blockchain Technology
Christie’s, the world’s leading art business, announces it will pilot encrypted registration of art transactions on a blockchain this fall, as part of a unique collaboration with Artory, a leading independent digital registry for the art market. In an industry first, each artwork from An American Place: The Barney A. Ebsworth Collection sold at Christie’s this November will include a secure, encrypted certification of the sale for the successful bidder, providing a permanent digital record of relevant information about the artwork.
This announcement of the blockchain collaboration is timed to Christie’s upcoming West Coast tour of major artworks from the Barney A. Ebsworth Collection, widely recognized as the most important privately-held collection of 20th Century American Art. It is estimated to exceed $300 million total at auction.
Led by Chop Suey, Edward Hopper’s singular masterpiece of American Modernism (pictured above), Christie’s will tour 13 paintings from the collection of more than 90 individual works to San Francisco and Los Angeles for public exhibitions. Among the featured paintings in the exhibitions are rarely-seen works by the most important American artists of the modern era: Jackson Pollock, Willem de Kooning, Georgia O’Keeffe, Jasper Johns, Marsden Hartley, and Charles Sheeler, among others. The exhibitions are open to the public in San Francisco at Minnesota Street Gallery October 16 – 20, and in Los Angeles at Christie’s flagship Beverly Hills Gallery October 23 – 27. Full details and additional highlights are noted below.
The introduction of a blockchain encryption component to the collection sale reflects Barney Ebsworth’s own commitment to innovation in business, and his embrace of technology as a powerful tool to advance efficiency and improve the client experience. During his lifetime, Mr. Ebsworth was founder of the Clipper Cruise Line, the luxury travel provider Intrav, and later became a venture capital and real estate investor. Of his own career as a business entrepreneur, Mr. Ebsworth said “my tendency to stay ahead of the curve and reinvent the business as needed” is one of the primary qualities that made him successful in business.
Richard Entrup, Chief Information Officer at Christie’s commented: “Our pilot collaboration with Artory is a first among the major global auction houses, and reflects growing interest within our industry to explore the benefits of secure digital registry via blockchain technology. The entrepreneurial spirit of the Ebsworth family and their embrace of leading-edge technology makes Christie’s November sale of the Ebsworth Collection an ideal platform for our clients to experience this technology for themselves and to explore the advantages of having a secure encrypted record of information about their purchased artwork.”
Blockchain technology works by registering significant events that take place in the lifecycle of an artwork, such as a public exhibition or sale at auction. For the Christie’s collaboration with Artory, the Artory blockchain registry will securely record all public information regarding the sale of each lot in the Ebsworth Collection, including title, description, final price, and date, and produce a digital certificate of the transaction for Christie’s. After the auction, Christie’s will offer each buyer a registration card to access a secure encrypted record of information about their purchased artwork on the Artory Registry. Each buyer retains individual control of their personal information throughout the transaction process; Artory does not collect any personal information about buyers, and no personal information is recorded in their Registry or on the blockchain.
Nanne Dekking, CEO of Artory, commented: “We are delighted to work with Christie’s on this industry-leading collaboration. As long-standing participants and business leaders within the global art market, the Artory team innately understands the needs of today’s art collectors and the broader desire within the industry to embrace new technologies that will help the marketplace evolve. This November, Artory is pleased to work with Christie’s and the Ebsworth family to mark the start of a blockchain digital journey for each work in this spectacular collection, and to show the art world how digital encryption technology can benefit buyers and collectors in the future.”
The West Coast tours of highlights from the Ebsworth Collection are a continuation of a global tour that launched in Paris in September and continued to Hong Kong and London. In addition to Hopper’s Chop Suey, the Los Angeles exhibition reveals new highlights from the Collection, including Jasper Johns’s Gray Rectangles (estimate: $20-30 million) formerly owned by the celebrated New York collectors Victor and Sally Ganz; and Horn and Feather by Georgia O’Keeffe, a close friend of Mr. Ebsworth (estimate: $700,000-1,000,000).
In San Francisco, Christie’s will reveal two paintings with storied provenance: Willem de Kooning’s Woman as Landscape, previously owned by comedian and collector Steve Martin (estimate in the region of $60 million); and Franz Kline’s, Painting from 1954, once owned by the American artist Joan Mitchell (estimate: $5-7 million). Mitchell’s own 12 Hawks at 3 O’Clock, (estimate: $12-16 million), a near 10-foot tall tour-de-force painted in 1960, is among the highlights of the Ebsworth Collection.
The full Collection will be unveiled to the public in an extended exhibition from November 4 -13 at Christie’s galleries in Rockefeller Center, New York.
This pilot continues a long Christie’s legacy of leading the industry by introducing technology innovations in the context of major collections, for the ultimate benefit of our clients. Over the years, new technological enhancements have included online bidding in live auctions, live streaming, e-commerce auctions, mobile bidding registration, augmented reality apps, and more. Christie’s pioneered online-only e-commerce auctions with The Collection of Elizabeth Taylor in 2011 and multi-platform, multi-year collection sales (live auction, online, and private sales) with Andy [email protected]’s, sold to benefit the Andy Warhol Foundation for the Visual Arts.
Business Media Giant Forbes is Moving to the Blockchain
The company, which operates a daily news web portal and prints a bi-weekly magazine, is moving its content to a distributed ledger-based platform provided by Civil, according to a blog post from Civil co-founder Matt Coolidge on Tuesday.
As part of the partnership, Forbes will begin archiving aspects of its existing content on the platform, as well as working with the startup to “experiment with new methods of reader engagement.”
Forbes senior vice president of product and technology, Salah Zalatimo, said the company is “relentlessly focused on rapid experimentation and implementation” to find how to draw in an audience, as well as how the journalism industry might look going forward.
“Forbes and Civil believe passionately in the mission of journalism, and together we can provide audiences with a level of unprecedented transparency around our content. We’ll also be able to expand the reach of our writers and identify new revenue channels over time.”
The experiment will begin next year, when Forbes begins publishing some article metadata to a blockchain platform. Should this aspect succeed for both companies, Forbes will move to publish all article metadata to Civil’s platform, according to a press release. Essentially, Forbes will be storing proof of an article’s existence on the platform.
Forbes writers and editors will see blockchain publishing tools integrated into its content management system (CMS), which will help streamline the process of adding such metadata – which includes an author’s identity and some information about sources within a piece – to the company’s platform.
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