Ethereum in the year of the fire monkey! can you keep up?
Soon after we celebrate the two-year anniversary of the official release of the white paper with the one millionth block on the frontier, amazing news keep coming in so rapidly that even the world's fastest client cannot finish syncing before the next incredible story hits. Since the onset of the chinese new year, the fire monkey's frolics set the whole ethereum ecosystem on fire. For you indulgence, I cherry picked some recent news:
R3 CEV, a consortium of 10+ big banks announce they used ethereum to test using blockchain technology for their interbank settlements of off-chain registered assets.
ConsenSys launches 'Internet-of-People'. ConsenSys, BlockApps, and Canonical form team to deliver Nimbus uPort Biometric Digital Identity Ethereum tools on Ubuntu phones so users can access Ethereum safely. The project will be fully unveiled on Mobile World Congress later in February.
European energy giant RWE partners with (ex ETHDEV) Stephan and Christoph'sSlock.it to tackle autonomous electric charging stations with smart contracts. News giving a whole new meaning to pump and dump.
Just as government and state institutions on both ends of the axis of evil swallow the bitter pill and embrace the blockchain (DTCC and SEC embrace the blockchain, Ukraine vows to trial elections on Ethereum), polar opposite Bitnation (founder Susanne Tarkowski Tempelhof joined by our very own Alex van der Sande) announce Decentralised Borderless Virtual Nation and release their holocratic constitution on the Ethereum Blockchain.
And finally combining shameless plug with hyped anticipation, yours truly and the ΞTHΞЯSPHΞЯΞ folks seem to have cracked the issue of storage incentives and will publish the first public draft of our orange paper: swap, swear and swindle: incentive system for swarm within two weeks(TM). bzz
I mean. Isn't this just crazy? In less than a month? What is YOUR favourite story? Bonus points if you give me a reason not to be bullish.
Commonwealth Bank of Australia tests blockchain trading with 10 global banks
This is an automatic summary, original reduced by 80%.
Commonwealth Bank of Australia and 10 of the world's largest banks have used a blockchain to simulate trading with each other, says R3 CEV, which is managing a project to prove uses for distributed ledgers across financial markets. The R3 blockchain is underpinned by Ethereum technology and is hosted on a virtual private network in Microsoft Azure's Blockchain as a Service. Macquarie Bank, National Australia Bank and Westpac Banking Corp are also part of the R3 consortium, which has 43 global banks. As well as participating in this latest trial, it has built a blockchain in its innovation lab in Sydney and sponsored the blockchain workshops arranged by Coala in Sydney in December. IOSCO has established a blockchain taskforce and its board meeting in February will spend a day on the implications of blockchain on markets, clearing and settlements. Regulators are examining blockchains to understand whether they will increase systemic risk, because they are threatening to replace systems whose centralised nature allows them to act as shock absorbers in a time of crisis, something that blockchains, as decentralised ledgers, cannot.
Summary Source | FAQ | Theory | Feedback | Topfivekeywords: blockchain#1Bank#2technology#3ledger#4distributed#5 NOTICE: This thread is for discussing the submission topic only. Do not discuss the concept of the autotldr bot here.
R3 will focus strictly on financial related uses of blockchain for the next 5-7 years, and will not engage in IoT or other benefits that Ethereum can and will be used for. Within 7 years, End users will use both Ethereum as a currency and for IoT and peer to peer contracts as well as fiat currencies transparently via R3's G20+ banks. The Ethereum Foundation has announced that it will be working with the New York-based banking consortium R3CEV on creating a new blockchain-based cryptocurrency, Lizardcoin, which aims to showcase the benefits of blockchain technology as well as the consortium’s ability to bring the technology to institutional clients and the regulation-loving masses... Blockchain consortium R3 CEV has announced its first distributed ledger experiment using Ethereum and Microsoft Azure's Blockchain as a Service, and involving 11 of its member banks. To complete the experiment, R3 managed a private peer-to-peer distributed ledger, built using a private version of the Ethereum blockchain and hosted on a virtual private network in Microsoft ... R3 CEV Completes Blockchain Test with 11 Banks Using Ethereum and Microsoft Azure Jan 21 2016 · 01:10 UTC Updated Oct 18 2018 · 14:09 by Tatsiana Yablonskaya · 3 min read Photo: Paul/ Flickr
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