uPort. What are Appcoins? We explain Appcoins, what they are and how they can help crowdfund public goods like the development of open protocols.
Cryptocurrencies and open blockchain networks have created a new way to raise money to develop and maintain novel products and services—whether devices on the Internet of Things, new cloud services on the Internet, or even financial products and investments. This is an unprecedented form of crowdfunding that may raise various legal and policy questions, Developers and investors are eager to have answers to these questions so that they can safely take advantage of this innovative model. How It Works Let’s take a common web service as an example: cloud storage. Blockchain 101. Bitcoin is the world's first completely decentralized digital currency, also known as a cryptocurrency.
Bitcoin introduced a technology called a blockchain, which is a peer-to-peer distributed ledger of timestamped transactions. Before the invention of Bitcoin, ledgers had to be maintained by central authorities like banks, which kept a single authoritative copy of the ledger. IOTA - Next Generation Blockchain. Wal-Mart Tackles Food Safety With Trial of Blockchain - Bloomberg. If you shop at Wal-Mart, you might be buying packaged produce unlike any ever sold in a U.S. store.
The sliced apples or cut broccoli -- the merchant won’t say what’s involved exactly -- are being used to test blockchain, a new database technology. If successful, the trial could change how Wal-Mart Stores Inc., which serves some 260 million customers a week, monitors food and takes action when something goes wrong. That could spur big leaps in food safety, cut costs and save lives.
How Blockchain Applications Will Get Deployed. IPFS is the Distributed Web.