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China is preparing for a new crackdown on cryptocurrency, planning to stamp out remaining trading in the country, according to state media. more
Kodak today revealed the launch of a blockchain-based platform called KODAKOne which is aimed to empower photographers and agencies to take greater control of image rights management. more
The banking industry is evaluating security benefits of using blockchain to send encrypted information. more
Let's say I'm with the Chinese government and decide that I am tired of people evading currency controls and money laundering using Bitcoin. So we adjust the Great Firewall of China to block port 8333. We also add some proxies that allow some uncleared transactions from outside to flow into Chinese networks but not the other way and keep track of which ones we let through. Since a large fraction of the miners are inside China, and all of the hard currency exchanges are outside, this will cause a pretty serious fork. more
Lately, the word blockchain is gaining a lot of attention from businesses, investors and governments, especially around how it could transform how we do business today. As the world looks up to Blockchain technology for radical transformations in many industries and sectors, I want to take a look at how it could help governance in Africa.
The African continent is plagued with corruption, bad governance, mismanagement and lack of accountability. more
Each year in December, I sit down and take a moment to reflect on how the .brands space has progressed in the previous 12 months. Most folks will understand that starting a movement to create the next evolution of the internet with 'digital superbrands' was a little slow at first. Slowly but surely, that has started to change and especially in 2016, it really felt like people were starting to 'get it' -- both in terms of brands themselves, and the media and consumers. more
Nearly $64m in bitcoin has been stolen by hackers who broke into Slovenian-based bitcoin mining marketplace NiceHash. more
There's a deluge of hype around Bitcoin and blockchain technologies right now, and policymakers and regulators in the Caribbean are doing their best to wrap their heads around the advantages and disadvantages of this virtual currency. Similar questions are being contemplated in the ICTs for development (ICT4D) community, taking into account that electronic money (e-money) platforms such as Safaricom's M-PESA have essentially solved the financial inclusion quandary for millions of people in Kenya. more
There were only 1.8 million registered .com names when I joined the NSI (Network Solutions) Marketing Team in the summer of 1998. ICANN was formed just a few months later. By the time we were acquired by Verisign in June of 2000 there were roughly 14 million names in the .com database. I recall predictions that one day there would be 100 million registered .com names. Some thought that was a craaaazy number and wanted to know what we were smoking. more
After ten hectic days, the young Clemson civil engineer turned MBA entrepreneur -- who turned a passion for helping equestrians care for their horses into a website enterprise -- had the HorseDVM.com domain, and its IPR returned to HorseDVM LLC. Ultimately, however, it was the registrant who realized the registrar had wrongfully sold him the domain and the unfairness of what had occurred, who facilitated the return. The culpable registrar ultimately did nothing but unfailingly support its auction subsidiary's sale... more
In World of Ends, Doc Searls and Dave Weinberger enumerate the Internet's three virtues: 1. No one owns it. 2. Everyone can use it. 3. Anyone can improve it. ... Online services and interactions are being held back by the lack of identity systems that have the same virtues as the Internet. This post describes what we can expect from an Internet for identity. more
The telecoms industry represents one of the most dynamic sectors in the world. Only 25 years ago 90% of all activities took place via telephone calls over fixed telephone lines. Now, within the broader ICT industry, telecoms is underpinning all of the new developments in relation to the digital, sharing and interconnected economies. It facilitates new social and economic developments in all sectors such as e-health, e-education, e-business, smart grids, smart cities, e-government, and so on. more
One of the most difficult elements in the development of smart cities is how to finance them. Local government doesn't have the money for it and while state and federal governments might have more money to spend there is no way that their current tax funds could pay for even a fraction of the investments that are needed. Indeed the reality is that in order to create a smart city... massive up-front investments are needed. more
Any form of public communications network necessarily exposes some information about the identity and activity of the user's of its services. The extent to which such exposure of information can be subverted and used in ways that are in stark opposition to the users' individual interests forms part of the motivation on the part of many users to reduce such open exposure to an absolute minimum. The tensions between a desire to protect the user through increasing the level of opacity of network transactions to third party surveillance, and the need to expose some level of basic information to support the functions of a network lies at the heart of many of the security issues in today's Internet. more
Ever buy a used car only to realize later that you've purchased a lemon? That scenario occurs because of information asymmetry between the seller -- who knows the car is a lemon -- and the buyer who doesn't. Without transparency, the market assumed that any used car for sale is a lemon, so that drove down the price of good used cars. The good news is that thanks to the Internet, buyers now have access to data that can help them determine if a car is a lemon or a good buy. more
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