Blockchain

Enterprise Cryptocurrency Mining

This post is part of TF4 learning series based on various sessions conducted as part of TF4 TF Blockchain conference (Thanks to Kristy-Leigh Minehan for sharing her thoughts) Why are the enterprises betting big on bitcoin mining?  The happenings: In the last two years, big names and a lot of capital has snuck into the bitcoin market with a sole focus on mining. The last four months saw ~$550M get committed to the bitcoin mining ecosystem. For enterprise miners, there is a different need and user base: Security standards are much more critical and much higher There is less focus on cheap electricity […]

Blockchain

The WHY of enterprise branded currencies

This post is part of the TF4 learning series based on various sessions conducted as part of the TF4 TF Blockchain conference. Thanks to David Zhang, Jenn Lowther, Ashley Harrell, Jonathan Blanco moderated by Rachel Wolfson Why would companies or brands come up with their cryptocurrencies like Libra?  We should expect enterprise currencies to go through a maturity curve: First, early adopter companies will be the ones that want to include their customers in more transactions but are unable to do so based on current financial rails. E.g., Facebook has a consumer base of ~2B, but many of them do not have access to US financial systems. […]

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The Tao of DAO

The first time I heard of a DAO was while listening to Laura Shin’s podcast. She was interviewing the CEO of Aragon. None of it made sense. And I just forgot about it. Until recently, when THIS showed up through my newsfeed – Ethereum Marketing DAO. And that got me down the DAO rabbit hole to find out what DAO is all about… DAO: Decentralized Autonomous Organization. Let’s break it down. Decentralized: Two aspects of decentralization to keep in mind here. First, the technology used to set it up. Blockchain. Decentralization means that, technologically, it is not in control of a central authority. No […]

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Why You Should Invest In Blockchain UX

When I first started looking into Blockchain, soon enough, I encountered CryptoKitties. I got curious and decided to give it a try. What was this with pictures of kitties selling over $100K? I went through the signup process. And then, never ever ended up doing anything.  Given that I am into gaming, this was odd. What happened here? I was new to the Blockchain and crypto world at the time, and the signup process actually wore me down. Throughout the experience, I encountered new terms- Wallet, Dapper, Metamask, ETH, Dapps, smart contracts, rescue kit, etc. As I progressed through the […]

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What is Blockchain?

My friend PD messaged me today – “Rahul, What is Blockchain?”. So I decided to put this post as it would help other folks too, who have the same question. When Arya and Anubha asked this question earlier, i was finding it difficult to land the answer. Then I realized that the question needs to be answered at multiple levels. So, here’s my attempt to put in the basics and uniqueness of Blockchain along with the value and possibilities it comes with. First off, What is Blockchain? At the core, it’s a database. It is a continuous stream of timestamped […]