| | NOVEMBER 8th, 2016
"It is impossible to speak in such a way that you cannot be misunderstood."
– Karl Popper
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There has been so much focus recently on blockchain’s potential impact on banking infrastructure and business processes, that it’s easy to lose sight of the possible real-world social benefits.
A conference in Buenos Aires has brought that conversation to life again.
Going beyond the opportunity for bitcoin to empower the unbanked, the area’s entrepreneurs are looking at ways in which blockchain technology can solve social imbalances. Smart contracts, the safeguarding of privacy and the streamlining of judicial proceedings were among the topics of discussion. So was the willingness to take risks to achieve social value, cultivated by a familiarity with the costs of financial insecurity.
Will Latin America end up playing a leading role in making bitcoin’s social promise a reality? Or will economic instability and bureaucracy end up smothering innovation? (Read the full story.)
Wait, there's more:
· Today’s the day. What impact will the US presidential election outcome have on the bitcoin price? Most traders believe a Trump victory could give it a Brexit-like boost, although potentially short-lived, while a Clinton victory won’t have much effect. Read more.
· Ah-ha! CoinDesk reveals the true identity of the man behind the Trumpchain Twitter account parody, and celebrates some of its favorite tweets. Join us in a good chuckle.
· A new research center in Singapore. R3CEV and the Monetary Authority of Singapore are launching a blockchain lab that will focus on research as well as on developing R3’s client relationships in the area. Read more.
· Overstock casts its vote. Its investment arm Medici Ventures has participated in the seed round of SettleMint, a Belgian software company that leverages blockchains for voting, among other applications. Read more.
· Team up. Kraken is sponsoring a contest, curated by The Economist magazine, to see which university team comes up with the best digital currency investment strategy. Will this raise the profile of digital currencies as an asset class? Read more.
· With a view, please. In one of the first travel industry blockchain trials to be made public, Australian travel agency Webjet has revealed that it is testing hotel bookings on Microsoft’s Azure blockchain. Read more.
· Looking for a job? The US Department of Justice seems to be gearing up for digital currency rulings, as two job postings refer to upcoming work on policy guidance and even legislation. Read more.
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