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What Is Blockchain Technology? A Step-by-step Guide For Beginners

What Is Blockchain Technology? A Step-by-step Guide For Beginners

What is Blockchain Technology? A Step-by-Step Guide For Beginners Angel Investors, Startups & Blockchain developers... Is blockchain technology the new internet? The blockchain is an undeniably ingenious invention the brainchild of a person or group of people known by the pseudonym, Satoshi Nakamoto . But since then, it has evolved into something greater, and themain question every single person is asking is: What is Blockchain? By allowing digital information to be distributed but not copied, blockchain technology created the backbone of a new type of internet. Originally devised for the digital currency , Bitcoin , the tech community is now finding other potential uses for the technology. Bitcoin has been called digital gold, and for a good reason. To date, the total value of the currency is close to $9 billion US. And blockchains can make other types of digital value. Like the internet (or your car), you dont need to know how the blockchain works to use it. However, having a basic knowledge of this new technology shows why its considered revolutionary. So, we hope you enjoy this, what is Blockchain guide. The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value. Picture a spreadsheet that is duplicated thousands of times across a network of computers. Then imagine that this network is designed to regularly update this spreadsheet and you have a basic understanding of the blockchain. Information held on a blockchain exists as a shared and continually reconciled database. This is a way of using the network that has obvious benefits. The blockchain database isnt stored in any single location, meaning the records it keeps are truly public and easily verif Continue reading >>

Blockchain: The Future Of The Finance Industry?

Blockchain: The Future Of The Finance Industry?

With blockchain peer-to-Peer (P2P) technology we are entering a new digital era that has the potential to transform finance as we know it. The future of finance could be without banks but with transactions approved automatically in seconds or minutes, significantly cutting costs and boosting efficiency. Decentralized cryptocurrencies - chances and downsides Of all the promising new technologies that have emerged in recent years in the financial service sector, the best candidate for being a real gamer changer is the technology that powers decentralized cryptocurrencies, known as blockchain. The first and most famous of these currencies is Bitcoin, which was created in 2009. All Bitcoin transactions are carried out peer-to-peer and thus outside the control of any central authority, whether commercial or governmental. This lack of oversight has made Bitcoin a popular means for buying illegal drugs and weapons on the dark web, especially on sites such as the notorious and now defunct Silk Road. The original advocates for Bitcoin were libertarians and cyber-anarchists, people who liked it precisely because it removed the need for banks or other middlemen. Few imagined in the early days that blockchain, the technology underpinning Bitcoin, could have applications in conventional financial services. "Peer-to-peer currencies could completely transform the financial industry. But banks are yet to decide if this technology is friend or foe." 2015 saw huge interest in blockchain technology. Over 1 billion USD was invested in Fintech startups that could potentially disrupt the big financial players with services such as bank transfers and peer-to-peer loans. Blockchain technology also attracted much attention from the big players themselves, and it is among the major points of di Continue reading >>

The Blockchain Revolution Is Heading To Space

The Blockchain Revolution Is Heading To Space

The Blockchain Revolution Is Heading To Space By Editorial Dept - Jan 23, 2018, 5:00 PM CST There is a new wave of coders and hackers looking to upend the entire internet, signaling the start of a brand new space race. No, this isnt an episode of HBOs Silicon Valley, this is actually happening. Currently, the internet is built by large centralized services including server owners, data managers, cloud providers, search engines, telecommunication companies, and social media websites. And these entities are beginning to expand their reach. Internet security and net neutrality are quickly becoming hot topics as more people become aware of the dangers of centralization. And for good reason. Google, Amazon, and Facebook are racing to create new infrastructure that could very well threaten the internet freedom which we have grown accustomed to. The way data is used and abused by massive corporations is taking center stage in discussions regarding the future of the internet, and people are demanding change. And its no surprise that the crypto-fanatics are looking to disrupt this pattern, with some even looking towards the stars for solutions. Blockchain, the tech that built bitcoin, and 2017s hottest buzzword, could very well be the answer. The technology has the potential to disrupt nearly every industry imaginable , and the internet is no exception. Everything is heading to the blockchain, from energy trading to citizenship identification. No stone will be left unturned. It brings a voice to the voiceless, accountability to the unaccountable, financial services to those without resources, ownership to those lost in the system, and even identity to the stateless. On top of all of this, it could allow smaller entities a stake in some of the biggest and most powerful industrie Continue reading >>

Wall Street Firms To Move Trillions To Blockchains In 2018

Wall Street Firms To Move Trillions To Blockchains In 2018

Wall Street Firms to Move Trillions to Blockchains in 2018 The finance industry is eagerly adopting the blockchain, a technology that early fans hoped would obliterate the finance industry Hedge Funds Look to Machine Learning, Crowdsourcing for Competitive Advantage When blockchains first appeared nearly a decade ago as the technical backbone of Bitcoin, theworlds leading cryptocurrency, they seemed to offerthe masses a way to cut out the financial middleman. But now the big banks and other industry players are finding ways to spin the new tool to theiradvantage. Their blockchains share a vision that is precisely the opposite of the one laid out in the Bitcoin white paper [PDF], published under the pseudonym Satoshi Nakamoto in 2009. Like Nakamoto himself (or herself), you can own bitcoins without even stating your real name; nobody is in charge; and anybody cancheck the history of any given transaction. The financial industrys blockchains, however, are closed or, in their jargon, permissioned; to join oneyou must reveal your identity to a system administrator, who must then approveyou. Firms say a permissioned network is the best way to satisfy regulators and protect client privacy, but purists argue that trying to keep a close hold on information removes the very point of blockchains while threatening to create new problems both for companies and their clients. In the past two years, giants such as BNYMellon , Goldman Sachs , ING , Santander , and UBS have explored dozens of blockchain projects, and some ofthose are now moving beyond the proof-of-concept phase. One of the first to be released into the real world will come from a little-known financial corporation that mediates a US $11 trillion-a-year market for an arcane class of securities, the trading of which all Continue reading >>

Buy This Gold Coast Mansion With Bitcoin

Buy This Gold Coast Mansion With Bitcoin

Moor your boat out the back. Source:Supplied At the time of print 1 Bitcoin was worth $12,678, meaning Mr and Mrs Jenkins are seeking more than $6 million for their home. Mr Jenkins said he made the decision to list the house for Bitcoin after noticing other users of the currency were swapping major assets for the digital dosh. David and Sandra Jenkins have listed their property for Bitcoins. Photo by Richard GoslingSource:News Limited However he admitted that Bitcoins fluctuating value made his decision a risky one. The number can fluctuate so greatly day to day thats its really impossible to advertise an amount in Bitcoin for the property, he said. Its such a highly volatile asset that we really need to have a very short period to negotiate the actual price. For example someone who negotiated to pay a certain amount, that figure could be worth a lot more today than it was yesterday. The four-level residence at 64 The Sovereign Mile, features four bedrooms, five bathrooms, a cinema, wine cellar, pool, basement parking for 10 cars and several entertaining areas. Agent Edin Kara, of Ray White Sovereign Islands said the Bitcoin listing price was genuine. If someone was to come to us and offer 450 Bitcoins we would negotiate in Bitcoins, Mr Kara said. David is already trading with Bitcoins and is happy to take Bitcoins for his house. Enjoy a movie in your home cinema. Source:Supplied The couple are also willing to take a dollar amount for the property. REIQ Gold Coast zone chairman John Newlands said it was the first time he had heard of a Gold Coast property being listed in Bitcoin. At the moment I dont see any trading in Bitcoin, Mr Newlands said. Its certainly not a trend here. I would assume a lot of people wouldnt even understand that type of currency. Maybe in five Continue reading >>

Full Stack Javascript Developer - Working With Blockchain

Full Stack Javascript Developer - Working With Blockchain

Information & Communication Technology, Developers/Programmers Full Stack Javascript Developer - working with Blockchain Can you take the bull by the horns? Our company requires an above average developer capable of developing a cutting edge global solution. As chief engineer your role will the full software development cycle, design and architecture and implementation of the product. Experienced in the creation of smart contracts will be highly regarded. To be considered for this role, in the first instance please call Nick on 0420371299 Can you take the bull by the horns? Our company requires an above average developer capable of developing a cutting edge global solution. As chief engineer your role will the full software development cycle, design and architecture and implementation of the product. Experienced in the creation of smart contracts will be highly regarded. To be considered for this role, in the first instance please call Nick on 0420371299 Be careful - Don't provide your bank or credit card details when applying for jobs.If you see something suspicious report this job ad . Continue reading >>

No Cookies | Gold Coast Bulletin

No Cookies | Gold Coast Bulletin

To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps: Open the settings menu by clicking the hamburger menu in the top right Turn on the option Links Open Externally (This will use the devices default browser) Enabling Cookies in Internet Explorer 7, 8 & 9 Click Tools > Internet Options > Privacy > Advanced For First-party Cookies and Third-party Cookies click Accept Click Tools > Options > Privacy > Use custom settings for history Click Tools > Options > Privacy Options > Under the Hood > Content Settings Uncheck Block third-party cookies from being set Enabling Cookies in Mobile Safari (iPhone, iPad) Go to the Home screen by pressing the Home button or by unlocking your phone/iPad Select accept cookies from the safari menu. Select from visited from the accept cookies menu. Press the home button to return the the iPhone home screen. Select the Safari icon to return to Safari. Before the cookie settings change will take effect, Safari must restart. To restart Safari press and hold the Home button (for around five seconds) until the iPhone/iPad display goes blank and the home screen appears. Select the Safari icon to return to Safari. Continue reading >>

Gold Coast Based Cryptocurrency, Bitcoin, Blockchain And Ico Knowledge

Gold Coast Based Cryptocurrency, Bitcoin, Blockchain And Ico Knowledge

Local friendly, professional and easy to follow advice and assistance for individuals or businesses wishing to get involved or just gain an understanding of this revolutionary and new technology. I do not offer any kind of financial advice or offer advice on what you should purchase. I am a local Crypto currency enthusiast providing general consultancy and advice to individuals or small businesses whom are wanting to get started in the digital and Block-chain space throughout the Gold Coast, Brisbane and South East Queensland. I have a background in Programming and Finance and a great interest in the economic paradigm shift that I believe this technological innovation is going to bring about. I do not offer financial advice, this service is offering information on the technology and its potential uses. Offering consultations and friendly guidance for individuals or small business how to buy bitcoin or alt coins, securing your digital assets, getting a general understanding of it all, potential uses for this technology and any other questions you may have regarding digital-currency or block chain technology. Face to face sessions available in the Brisbane or Gold Coast areas and via phone or Skype throughout Australia. Up to date information and analysis of current trends and latest breakthroughs in the blockchain space, in terms that you can understand clearly. I can also provide custom research and look into any tokens that you may have heard about and honest, easy to understand advice. I do not offer financial advice. With extensive IT and web experience. I can provide insights on how you may be able to use blockchain technology within your website or business. I can also offer smart contract / DAPP / ERC20 Development. I am also highly experienced in standard websit Continue reading >>

Can Accountants Become Blockchain Experts?

Can Accountants Become Blockchain Experts?

Can accountants become blockchain experts Can accountants become blockchain experts? Businesses which struggle to take full advantage of blockchain technology can learn from enterprising accountants. New types of blockchains are rushing onto the market, with more than 1300 companies already available. Proven use cases for blockchain include reconciliation for internal departments, payment systems and international transfers. New business models powered by blockchains are emerging such as high-volume micropayments and instant payments. Pity the accountants who work inthe online hotel bookings industry. Behind every booking is a winding trail ofcommissions to wholesalers, retailers and travel agents, each needing their owncut. The global, labyrinthine nature ofthese relationships often creates errors say when a guest calls up a hoteldirectly to change a booking that he/she has already paid. Consequently, up to10 per cent of bookings or $10 billion worth of transactions go unpaid,according to Webjet general manager John Guscic. So in the case of Webjet, its upto their forensics team to trawl through six months of data to work out whathappened and correct the books. This is a scenario tailormade forblockchain. Where most uses of blockchains are intended to cut out middlemen,Webjet uses it to audit transactions and lubricate payments. In every 300 bookings, there arefour to five discrepancies which each take two to three hours to solve. Webjet,which books 750,000 rooms per year in five countries, created a blockchain totrack transactions internally. Once a transaction is made inblockchain, then everyone participating is aware of the details. The number ofnights, the amount the guest paid the blockchain provides an uncontestablerecord. Webjets internal project tracks transac Continue reading >>

Australian Finance Sector Not As Keen On Blockchain As Hype Suggests: Gartner

Australian Finance Sector Not As Keen On Blockchain As Hype Suggests: Gartner

Australian finance sector not as keen on blockchain as hype suggests: Gartner Gartner has highlighted that curiosity is keeping the sector aware of the technology, but risk aversion is stopping it from being an investment priority. Chief information officers from Australian banking and investment services are focusing their resources on business insights and analytics, and not so much on blockchain-based technology, a survey from Gartner has found. Despite the attention and visibility around the distributed ledger technology (DLT), the analyst firm said blockchain is not yet seen as a differentiating technology for banks, with the CIOs participating in Gartner's 2018 CIO Agenda: Banking and Investment Services Industry Insights survey placing blockchain as investment priority number 20. Speaking with ZDNet while in Australia for the Gartner Symposium/ITxpo on the Gold Coast on Monday, UK-based managing VP of the Banking and Investment Services Research team at Gartner Peter Redshaw said banks around the world are hesitant to promote the priority of blockchain investment within their organisation as they are unclear of the promise -- if any -- that it holds. "You've got to distinguish between the promise of what it can do, and what it's capable of doing right now -- the future versus the current and separate between the hype and the reality," Redshaw explained. "Blockchain is the hottest topic, it's right at the top of the peak of inflated expectation. However, everything that they're doing is just a proof of concept, or a pilot or prototype, they are not in production -- the only example that is in full scale production in financial services is bitcoin." As highlighted by the 354 CIOs surveyed by Gartner, Redshaw said blockchain-based technology is not a priority at th Continue reading >>

The Beauty Of Bitcoin: 1 Day Workshop, Gold Coast

The Beauty Of Bitcoin: 1 Day Workshop, Gold Coast

The Beauty of Bitcoin: 1 Day Workshop, Gold Coast The Beauty of Bitcoin1 Day Workshop is a hands-on experience designed to help beginners and the technically challenged to get up and running with Bitcoin and cryptourrency. The history of money & why Bitcoin & Blockchain technology is revolutionising our current financial system. Why Bitcoin, Blockchain and cryptocurrency is making such a huge impact The 4 main types of wallets that are available and what the difference is between them Hands-on set up of your "wallets" so that you are ready and able to send & receive Bitcoin How to choose the right wallet for your needs Little to no knowledge of the cryptocurrency space Only a small amount of technical knowledge (if you can email, you can use these methods) How you can use the power of Bitcoin to make your world a better place How to utilise skills that you already have 3 Advanced strategies to grow your Bitcoin Deciding which strategies you want to implement Proof of Address (utility bill/bank statement) (ID & Proof of address is to set up your wallet) A greater understanding of Bitcoin and steps to harness the benefits of this technology to grow your personal wealth Hands-on setup of an exchange wallet (on/off ramp) to turn your money into bitcoin/bitcoin into fiat A deeper understanding of the 7 different strategies to make money in the crypto space Increased confidence in your ability to navigate the cryptocurrency space An example of a framework to tailor your wealth strategy to suit your needs and budget PLUS Bonusesto help you fast track your journey: F.O.R.T.U.N.E. Formula ICO selection tool Eventbrite offer: a small investment of $695 *Includes morning tea, lunch and afternoon tea NOTE: This is an educational workshop on cryptocurrency, not a course on investme Continue reading >>

The Beauty Of Bitcoin: 1 Day Intensive, Gold Coast

The Beauty Of Bitcoin: 1 Day Intensive, Gold Coast

Creating your own revolutionary financial system Next we move into getting Started on the Right Track Module 2 takes us through to lunchtime and then we are able to have a refreshing bite to eat and there will be time to ask specific questions After lunch we level it up into the real world applications that you want to delve into. Module 3 shows you how to Begin at the Beginning: 3 Methods for Beginners to Grow Their Bitcoin The Gambler vs The Gardner (hope vs harvest/taking your profits) After an intense session of seeing where, when and how you get your coins growing we take a small break for afternoon tea and then come back ready to jump in the deep end with 3 advanced strategies. Module 4 Gives You A Taste of What Comes Next Then, after an action packed day of hands-on learning we wrap up with a revisit of your roadmap and clarifying the next steps that you are going to take when you leave the workshop. A greater understanding of Bitcoin/Cryptocurrency and steps to harness the benefits of this technology to grow your personal wealth Hands on setup of an exchange wallet (on/off ramp) to turn your money into bitcoin/bitcoin into fiat A deeper understanding of the different strategies to make money in the crypto space Increased confidence in your ability to navigate the cryptocurrency space An example of a framework to tailor your wealth strategy to suit your needs and budget PLUS Bonuses to help you fast track your journey: F.O.R.T.U.N.E. Formula ICO selection tool Exclusive Alumni monthly meetings to network and discuss cryptocurrencies NOTE: This is an educational workshop on cryptocurrency, not a course on investment strategy. The facilitators are NOT giving financial advice. Financial decisions are the sole responsibility of each attendee and ALL attendees agree Continue reading >>

Australian Police Seize Bitcoin Atm In $2.6 Million Drug Bust

Australian Police Seize Bitcoin Atm In $2.6 Million Drug Bust

Australian Police Seize Bitcoin ATM in $2.6 Million Drug Bust Oct 17, 2014 at 13:13 UTC|UpdatedOct 18, 2014 at 11:10 UTC UPDATE (18th October 11:00GMT): Bit2Bit responded to our request for comment and issued a statement following the police raid. The company said it was "appalled" by what happened, describing the seizure of itsATM as"collateral damage" in the war on gang crime. Bit2Bit went on record to state the following: "The arrested individual has no relationship to Bit2Bit Holdings Pty Ltd. He is not a shareholder, either directly, or indirectly. Rouge Coffee, and The Roastery Cafe do not own, or operate the ATM. The ATM is the sole property of Bit2Bit and is operated by us. The ATM does not allow large volume transactions. Bit2Bit's staff have been instructed to cooperate fully with any legal requests they get from the police." The company pointed out criminals cannot hide behind bitcoin's supposed veil of anonymity and expressed a hope that the ATM will soon be up and running again. Australian police have raided a Brisbane coffee shop with ties to a biker gang, seizing a bitcoin ATM in the process. Police suspected the gang, which goes by the name of the Bandidos, was involved in high-level drug trafficking allegedlytrafficking meth and cocaine, as well as dealing incontrolled substances used in the production of certain drugs. The raid, which was the culmination of a two-year drug investigation, was one of a series of 19 raids across Brisbane, Logan, Cairns, Ipswich and the Gold Coast. The police operation, codenamed 'Juliet Wave', also resulted in the seizure of $2.6m-worth of drugs. Atotal of 61people beingcharged in connection with the case so far. The investigation was spearheaded by Taskforce Maxima, a squadformed specifically to tackle crimes involving Continue reading >>

Blockchain Intelligence Group

Blockchain Intelligence Group

Executive Chairman / President & CoFounder Shone brings 20 years of experience building complex technologies and software within the IT industry. Shone was co-founder of a scalable web crawler and search engine, and is a Certified Bitcoin Professional. Formerly, Shone acted as Director of... Chief Executive Officer / Director / CoFounder With over 20 years of industry experience in technology-based startups, Lance brings a vast and proven track record for growing and developing multi-million-dollar businesses from the ground-up. His background includes roles as Founder/CEO/... Anthony has over 17 years of experience in finance, investor relations, and corporate development. He is the owner of the full-service corporate communications firm, Senergy Communications Inc, providing investor relations, public relations, and... Kim is President and Founder of Golden Reign and is a Certified General Accountant. She has extensive experience in both the corporate securities industry and in the junior mining sector. She has 17 years experience as Director and/or Officer... Marty has over 20 years of systems administration and programming experience and enjoys complex challenges solving problems with big data intelligence and analytics. His background includes strong Linux and FreeBSD knowledge, experience designing... Director of Strategy and Corporate Development Prior to joining Blockchain Intelligence Group, Tejinder was a Partner with Deloitte & Touche LLP in Vancouver, BC for over 15 years, where he led the Business and Information Technology Risk Services practice.While at Deloitte, Tejinder led... Mr. Whitaker manages the commercialization, implementation and expansion for our QLUE product. As the Director of Forensics and Investigations, Mr. Whitaker has a number of roles Continue reading >>

Blockchain Australia

Blockchain Australia

The genesis of blockchain discovery, policy and implementations We are Australias leading community association dedicated to the; Promotion of Blockchain and Digital Currency in Australia. Our primary aim is to foster a culture of innovation, sharing and collaboration in the blockchain ecosystem to ensure that Australian businesses and individuals can reap the numerous rewards that blockchain technology offers. It supports our efforts in demanding reasonable yet effective legislative responses from government, It helps our efforts in educating the next generation of Australians about Blockchain technologies, It allows us to travel around Australia to speak and present on Blockchain Technologies at industry events and seminars, Provides funds to support industry leaders around Australia to host local Meetup Groups. The blockchain economy is the fastest growing sector of the worldwide economy and opens up numerous business opportunities either in; creating new and innovative businesses that until now have not been possible. Your inclusion as a member of BA will build trust with the existing community and put your business at the forefront of this new technological economy. Join us today and put your business in front of a young and high tech consumer. Join us on our Slack Channel to discuss, contribute and collaborate. email [email protected] to request an invitation. The best weekly news and events column in CryptoLand Blockchain Australia is a decentralised not for profit association. We are registered in NSW. All of our meetings, AGM and organisational files are online and accessed by our board and members via our webpage and associated cloud services.Please email us at [email protected] or [email protected] This will send an e Continue reading >>

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