Cryptocurrency and Blockchain News Roundup – 02.12.17

Obviously no one person can keep up with all the news coming out of the world of cryptocurrency and blockchain right now. But I like to make as many observations of news data events and try to connect the dots to spot trajectories about where it's all headed. Here's a few happenings from some recent perusals of news sites.

First of all, when you start seeing entities, public and private, going into research on crypto and blockchain, you know that (a) they think it isn't going away and (b) it might hold some answers for various problems. Very few people are poo-pooing this new technology now. Now, they're hoping they haven't been too late to catch the opportunity train.

Here's some articles that illustrate that:

Illinois Legislator Calls for Blockchain Working Group

International Securities Regulators Publish Blockchain Research

Ethereum Job Market Colony Enters Beta

  Like a rain collector in the dessert… when this technology starts to spawn its own job sites…that's good.

Winklevoss Bitcoin ETF Offering Expands to $100 Million

It's pretty remarkable when a technology spawns it's own brand of investment product.

Qiwi's CEO Will Head Up Russia's Distributed Ledger Efforts

In Russia's case, it's likely the government will control it. But still it's interesting that anybody there is even looking at it. Of   course developing countries have more motivation to be innovative (usually).

You Can Now Bet Bitcoin on Whether the Winklevoss ETF Will Go Live

I'll tell you what this represent…i.e. the degree to which this technology is permeating other areas of society.

The Swedish Telecom That Bought KnC is Now Mining Bitcoin

And don't forget that companies have, in the past, seen greater opportunities in new markets than their old markets and made switches. In the MLM industry, NSA (water filtration systems) changing their name to 'JuicePlus' was one example. I wouldn't be surprised to see financial firms starting to mine digital currency.

India's Biggest Stock Exchange is Testing Blockchain KYC

India is another country where I think the government will keep a firm leash on cryptocoin. They'll have too due to the mass of basically illiterate people who live there. But of course this will also serve as a testing ground for make it 'user friendly'.

Accenture Unveils Hardware Solution for Blockchain Private Keys

I've heard the market for hardware type wallets is going to be huge. John McAffee thinks so.

The Philippines Just Released New Rules for Bitcoin Exchanges

The Philippines, because of it's population and the fact that Filipinos work everywhere in the world, will be an interesting market to watch develop.

That's enough articles and brilliant insight for now. Feel free to let me know if you like the Drudge-like approach. I could have rehased the article and tried to make it seem like I'm smarter than I am. But the most important thing isn't me but you…i.e. that you get the news.

(p.s. In case you're interested, I used the Firefox extension called "Copy as HTML" to grab these headlines. I like it.)

 

 

David Http://markethive.com/david-ogden