Join the Best and Brightest in Crypto at the 2018 ETC Summit

Get your seat at the table with the smartest and hardest working teams in blockchain at the 2018 ETC Summit.

View this email in your browser Hi there, Are you trying to stay ahead of the curve when it comes to cryptocurrency? Wanting to learn about real blockchain development without the hype? Ready to take advantage of our hotel's discounted rate for the event? Reserve Your Room Join us at the 2018 ETC Summit in South Korea to secure your seat at the table with the best and brightest minds in the cryptocurrency and blockchain space. Leading teams of developers, investors, community members, and influencers both inside and outside of ETC will be presenting and dropping knowledge about what they've learned this year, and where we're going the rest of 2018 and beyond. Tickets Last year's inaugural ETC Summit in Hong Kong introduced cryptocurrency and blockchain enthusiasts to the experts working in the trenches of building value in a shared digital economy. Now, in 2018, developments continue to add value. This is the driving force contributing to more information than ever on ETC's role in the programming of a global, secure, and decentralized Internet of Things.     Don't miss out this year, as ETC paves the way to an intuitive and transparent smart contract platform that will change the way property is purchased and ownership exchanged. Some things 2018's ETC Summit will cover: ·      Providing Development Teams with Knowledge to Leverage ETC ·      ETCDEV and IOHK Teams' 2018 and Beyond Development Roadmaps ·      Cody Burns, Blockchain Architect of Accenture will lead a Live IoT Demo ·      ETC Labs CEO, Terry Culver, will present on Current and Upcoming Projects   Plus Networking, Networking, Networking, with the Best and Brightest in Blockchain. View Full Lineup of Speakers Where: Seoul, South Korea When: Wednesday, September 12, 8:00 a.m. KST – Thursday, September 13, 7:30 p.m. KST Venue: JW Marriott Dongdaemun Square Seoul We can't wait to see you there! Get your 2018 ETC Summit ticket NOW! Register Now ~Your friends at the ETC Cooperative. Questions about the conference?  Please email info@etccooperative.org. Copyright © 2018 ETC Cooperative, All rights reserved. You are receiving this email because you opted in via our website. Our mailing address is: ETC Cooperative 636 Avenue of the Americas 3rd Floor New York, NY 10011 Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.

#69: Steroids for smart contracts

Strictly confidential

Chain Letter Blockchains, cryptocurrencies, and why they matter 07.12: Strictly confidential Welcome to Chain Letter! Great to have you. On Thursdays we take a closer look at one key concept in the world of blockchains and cryptocurrencies. Feel free to suggest topics you think we should discuss in the future. Blockchain computer programs are pretty smart—that’s why we call them smart contracts—but they’re also pretty weak. If they’re going to achieve many of the lofty, world-changing goals that blockchain proponents say they will, like revolutionize healthcare and the energy industry, and give people back control of their personal data online, they’re going to need a revolution in how they’re run. That’s where Dawn Song’s new startup, Oasis Labs, comes in. The cryptocurrency world is overflowing with big claims, but Song is a well-known computer science professor at UC Berkeley and a MacArthur fellow (as well as one of MIT Technology Review’s 35 Innovators Under 35 in 2009). And a number of big name funders seem to think her company is onto something. This week, the startup announced that it has raised $45 million in a private token presale to a group of high-profile cryptocurrency investors and Silicon Valley venture capitalists. It also became the first project to get backing from Andreessen Horowitz’s new $300 million crypto fund. Song says Oasis Labs has developed new “privacy preserving” smart contract technology that overcomes fundamental limitations of today’s most popular smart contract platform, Ethereum. She and several colleagues described a major component of the system in a recently published research paper (PDF). Ethereum and similar smart contract systems have limited utility for two main reasons, according to Song. First, the network’s rules generally require that every node execute every smart contract—that’s how the network reaches consensus. “Even when you have 100,000 nodes, the capacity of the network is still the same as one node,” she says, which severely constrains its performance. Second, today’s smart contracts can’t assure the confidentiality of sensitive data. Blockchains were built to be transparent! That’s why so many theoretical blockchain applications are still stuck on the drawing board. Health care organizations, for example, are interested in using blockchains to make patients’ medical information more easily shared and accessible to researchers. Smart contracts could be used to encode privacy-related terms of use, and let users selectively dole out access to their data. That would go a long way toward simplifying what is today a cumbersome process. But some of the most interesting ways that medical researchers want to use sensitive health data—for example, in sophisticated analytics and machine learning models—require high-performance computing and fool-proof confidentiality. The system Oasis Labs hopes to launch next year will offer both, Song says, by separating smart contract execution from blockchain consensus. Using the platform, she says, it will be possible to do things like assure the confidentiality of sensitive health data while simultaneously using it to train a machine learning model. How will Oasis pull off this cryptographic sorcery? Contracts will run inside an isolated piece of hardware called a secure enclave. The enclave acts like a black box, keeping the computation private from a computer’s other applications, its operating system, and its owner. It also generates cryptographic proof that the programs were executed correctly—and that proof goes on the blockchain. Separating contract execution from consensus “enables these different layers to scale independently,” says Song. Ari Juels, a computer science professor at Cornell Tech who co-authored the new research paper but is not affiliated with Oasis Labs, says the approach is the most practical way to make more impactful smart contract applications possible. Without the help of trusted hardware, he argues, blockchains may not “realize their full potential.” The Democratization of AI for the Everyperson Technical advances are making it possible for non-experts to apply AI in their work, accelerating the pace at which new AI solutions are deployed. The pace of automation that this technology is fueling will reach every corner of the global economy. Join us at EmTech where these conversations will come to life. Loose Change Fill your pockets with these newsy tidbits. • Cryptokitties plans to launch a mobile app. (CoinDesk) • HTC and startup Sirin Labs have each announced plans to release $1000 “blockchain phones” by the end of the year. (Finance Magnates) • Hold the phone, India might not ban cryptocurrencies after all. (Quartz) • China’s state-run news agency says yuan-denominated Bitcoin trading has dropped below one percent of global volume, after accounting for the majority just last year. (Bloomberg) • The popular and well-funded trading app Robin Hood has added Litecoin and Bitcoin Cash. (CNBC) The Money Quote “Contrary to common perception, cryptocurrencies do not enable direct peer-to-peer transfers without intermediaries.’”   —Aleksi Grym of the Bank of Finland. Grym’s contention that in fact cryptocurrency miners are intermediaries is part of larger argument, recently published, that digital currency is a “fallacy.” (PDF) We hope you enjoyed today's tour of what's new in the world of blockchains and cryptocurrencies. Send us some feedback, or follow me @mike_orcutt.  Top image by Ms Tech. Know someone who might enjoy reading Chain Letter? Was this forwarded to you, and you'd like to see more? Discover the emerging tech that will change the world. Attend EmTech 2018 September 11-14, MIT Media Lab Cambridge, MA View this in a browser You received this newsletter because you subscribed with the email address: contacto1745.send-mail@blogger.com edit preferences   |   unsubscribe   |   follow us      MIT Technology Review One Main Street Cambridge, MA 02142

$9K Listing / Iran / Delaware / Saudi Arabia

Subscribe | View in browser Here are today's ten most important Bitcoin stories, efficiently ranked & summarized by smart humans, not algorithms: BTC (1:47 p.m. EST): $6,199.76 (-3.24%) // 90-day high: $9,927.71 // 90-day low: $5,755.25/ / More… $BCH (1:47 p.m. EST): $682.62 (-2.38%) // 90-day high: $1,786.80// 90-day low: $608.37 // More… $ETH (1:47 p.m. EST): $432.98 (-1.92%) // 90-day high: $831.65 // 90-day low: $365.43 // More… $LTC (1:48 p.m. EST): $76.69 (-2.52%) // 90-day high: $251.03 // 90-day low: $73.12 // More… $XRP (1:48 p.m. EST): $0.43 (-2.97%) // 90-day high: $1.20 // 90-day low: $0.43 // More… Here are the 10 most important stories about bitcoin and cryptocurrencies today       1. The price of bitcoin spiked to nearly $9,000 on the WEX exchange on Wednesday. The price listing served as an outlier to other exchanges that had the coin trading near $6,300 per coin. No reason for the price spike was given, although WEX traditionally offers higher prices than other exchanges, although not nearly to this extent. The unexpected surge stoke speculation that WEX is insolvent, suffering banking problems or preparing for a calculated exit. -COINDESK       2. The Iranian government may turn to bitcoin to bypass banking sanctions. U.S. ambassador Richard Grenell said on Tuesday that Iran plans to withdraw 300 million euros in cash held in Germany banks, something that United States government wants to block. Instead, the government may turn to bitcoin and take advantage of the cryptocurrency’s borderless nature. A number of Iranian citizens have already done so amid economic insecurity following the withdrawal of the United States from the 2015 nuclear agreement between the two countries. -BITCOINIST ​​​​​​​       3. Delaware plans to launch a proof-of-concept for a blockchain-based business filing system later this year. The system, which is being built by IBM, will be based on the Hyperledger Fabric blockchain framework. The system will be less about registering businesses within the state, but helping registered corporate agents and law firms interact with state officials to conform with state regulations. –COMPUTER WORLD       4. Dirt Protocol, a San Francisco-based startup, has raised $3 million. The company is building a registry for cryptocurrency information where different stakeholders can vote to verify accuracy. The goal is to create a reputable list of verified ICO projects, similar to how the Better Business Bureau has served to approve small businesses. -FORBES       5. The Riyadh Municipality in Saudi Arabia has partnered with IBM to develop a blockchain system for government. The Riyadh government, IBM, and Elm Company, a Saudi tech firm, is currently arranging workshops to determine which government services can be upgraded using blockchain. The move is part of the Saudi government’s 2030 Vision, a plan to move the country economy away from its dependence on oil. –COIN TELEGRAPH       6. Fujitsu has launched a new service that the company claims can assess the viability of any blockchain project in a week. Called the Minimum Viable Product service, the company aims that product at organizations that want to jump-start a new blockchain development project or remove risk from an existing one. By determining the viability of a project, Fujitsu wants to help organizations avoid the common pitfalls many organizations run into when launching a blockchain project. The service will cost $10,000 for each assessment. –ASIA TIMES 7. Coin Telegraph writes up a panel discussion featuring the Ethereum Foundation’s Joseph Lubin, noted crypto investor Mike Novogratz, Crypto.com CEO Kris Marszalek, TenX’s Julian Hosp, and the Wall Street Journal’s Jacky Wong. The group spoke at the Rise conference in Hong Kong earlier this week. –COIN TELEGRAPH 8. Jeffrey Wernick, an early investor in Uber and Airbnb, explains why he bought bitcoin in 2009. Wernick said it was not just speculation that the price would rise but a belief in bitcoin’s utility. –BUSINESS INSIDER 9. Bitcoin ownership in Canada has almost doubled in the last two years. A new survey showed that about 5 percent of Canadians own bitcoin, up from 2.9 percent in 2016. -COINDESK 10. Bitcoin has slunk toward $6,000 per coin again. One columnist highlights three things that make this a key price for bitcoin trading. -FORBES       From the Forums The bitcoin cash tipping point is coming. Bitcoin and the future of global debt. Bitreon is a scam.       Brains and Chains: the AI & Blockchain Conference Join us at the AI and Blockchain Conference to explore these two cutting-edge technological trends. Top minds in AI and Blockchain will discuss how they can be utilized to create opportunities for innovative solutions. (June 28th, New York City). Register today

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