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Nearly 170 years before the invention of Bitcoin, the journalist Charles Mackay noted the way whole communities could “fix their minds upon one object and go mad in its pursuit”. Millions of people, he wrote, “become simultaneously impressed with...
Many developing countries don’t have a working system of tracking property rights, and what they do have can be fragile and incomplete. In Haiti, for instance, a large earthquake in 2010 destroyed all the municipal buildings that stored documents...
Thanks to blockchain, internet users have achieved some victories in the fight against China’s strict internet censorship. A historic moment was made on April 23. Peking University‘s former student, Yue Xin, had penned a letter detailing the university’s attempts to hide...
The 21st-century revolutionaries who have dominated cryptocurrencies are having to move over. Mainstream financial institutions are adopting these assets and the blockchain technology that enables them, in what is perhaps the most profound development since the birth of cryptocurrencies through the...
There has been a lot of noise on cryptocurrencies and Bitcoin of late. While some suggest cryptocurrencies are a fraud, others believe them to be the next biggest economic revolution the world has seen since the internet. Bitcoin has...
The blockchain was announced as the next digital revolution with multiple and practical applications of auto insurance contracts to the traceability of products in real time and intelligent data sharing . Despite these beautiful promises, after 10 years of existence, the only application really deployed on...
There’s been a lot of hype about blockchain over the past year. Although best known as the technology that underpins Bitcoin, blockchain is starting to disrupt other industries, from supply chains to energy trading. One of the key selling points of blockchain is...
Bitcoin has plunged from a high of almost US$20,000 in December 2017 to as low as US$3,675. So it’s understandable that some cryptocurrency users might be looking for more stability. With the future of Bitcoin and other cryptocurrencies uncertain, a possible new...
Millions of cryptocurrency investors have been scammed out of massive sums of real money. In 2018, losses from cryptocurrency-related crimes amounted to US$1.7 billion. The criminals use both old-fashioned and new-technology tactics to swindle their marks in schemes based on digital...
While private digital currencies such as the bitcoin are in the news daily, countries including China and Sweden are studying the creation a new form of money – a central-bank digital currency (CBDC). The objective is to complement (or...

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