 This Week's Must Reads -
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While the mass media is freaking out about bitcoin's "nightmare" transactions scenario this week, Japan's Parliament has moved to give cryptocurrencies legal status.
Meanwhile, the blockchain world continues to move inevitably towards real-world apps, with Microsoft, JPMorgan and the R3 consortium all making announcements...
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Just a bad dream
A disruptive network user has caused delays to bitcoin transactions in the last few days, but it’s not the nightmare (CoinDesk) the media is claiming. (The Verge, Business Insider). |
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Japan’s Parliament has started a process that could define bitcoin as a conventional currency and see exchanges regulated. (CoinDesk) |
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JPMorgan’s new "distributed cryptoledger" Juno is the latest big bank blockchain effort to be presented to the Linux-led Hyperledger Project. (CoinDesk) |
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Ethereum’s blockchain is the basis of the first certified offering in Microsoft’s blockchain marketplace. (CoinDesk) |
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A trial of five different blockchain solutions has been completed by R3 and its 40 banking partners. (CoinDesk, IBT, Forbes) |
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Bitcoin’s price made a positive move to around $440 this week despite the network issues, before sliding back to the ‘new normal’ level of $420. |
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CoinDesk has announced the agenda for its annual blockchain technology summit, along with the first batch of speakers. |
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Quote of The Week
"We are making it clear in all of our documentation that bitcoin is NOT inherently nefarious."
Catherine ‘Alden’ Pelker, FBI analyst, speaking at #DCSummit (via @NekiCorp).
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