New blockchain consortium for IoT

The "blockchain of things" - Volumes decline further - IRS digs in - Xapo semi-approved - LendingRobot and ethereum - Bitfury's deal - Satoshi again? - Bundesbank likes blockchain View this email in your browser January 27th, 2017 "In times of change, learners inherit the earth, while the learned find themselves beautifully equipped to deal with a world that no longer exists." – Eric Hoffer Got this from a friend? SUBSCRIBE HERE A new consortium has emerged that will focus on creating a protocol for the application of blockchain technology to Internet of Things (IoT) networks.   The group includes a handful of large hardware manufacturers, software developers and financial institutions, as well as roster of blockchain startups.   The aim is to make it easier for participants to experiment and innovate, as well as to collectively advance in the exploration of the technology and the creation of industry standards.   The consortium also hopes to enhance the security of IoT networks through the development of standardized solutions for identity verification and data integrity, among other functions. If successful, the collaboration could help to both harness the potential and mitigate the risks as connected devices become an increasingly prominent part of our world.   Read the whole story Tweet Share Who will be at CONSTRUCT?  21, Abra, ANX, Blockseer, Blockstack, Blockstream, Bloq, Chain, Ciphrex, Civic, Coinbase, Consensys, CME Group, Deloitte, Digital Asset, Digital Currency Group, DTCC, Ethereum Foundation, EY, Gem, Groupon, FDIC, Fidelity, IBM, IDEO, Intel, Intuit, IPFS, Lightning, Loyyal, MIT Media Lab, Netki, Overstock, R3, Ripple, Scotiabank, tØ, Vanguard, Zcash, and more. And, we hope, you! Come and join us NEXT WEEK, January 30-31, in San Francisco, USA, for two days of panels, workshops, demos and networking. 😎 REGISTER NOW 😎 Wait, there's more: LendingRobot is Moving Records to a Public Blockchain Starting with an imminent new series of investment products, detailed accounts of the transactions will be hashed and posted to ethereum. CoinDesk spoke to the project's leads about its goals and development plan going forward. Read more. Bitcoin's Volume is Continuing to Decline at Major Exchanges Insiders tell CoinDesk that sentiment is "bruised", and express concerns that investors will switch to other assets. Bitcoin prices seem to be holding ground, however. Read more. BitFury to Expand China Footprint Following $30 Million Deal The deal has consumer-facing financial services company Credit China Fintech investing in BitFury directly, as well as setting up a mining hardware joint venture in China. Read more. Bitcoin Startup Xapo Gets Nod of Approval from Swiss Regulator The approval is contingent, however, on Xapo complying with certain requirements, including joining a self-regulatory organization. Read more. The IRS is Trying to Keep Coinbase From Defending its Data In a January 25 court filing, the US tax authority alleged that the startup has no authority to intervene in the "John Doe" summons, citing the powers granted to it by Congress as part of its tax investigations. Read more. Bitcoin is Abuzz With New Satoshi Nakamoto Rumors This time, however, there is said to be a potential twist regarding an unknown entity that may have a claim to bitcoin's intellectual property. Apparently major news outlets are investigating the story. Read more. A Digital Currency Scam is Misusing the Rothschild Family Name Financial advisory firm Rothschild & Co. has warned investors about an unauthorized scheme making the rounds in China, called "LCF Coins" or "Rothschild Family LCF Project". Read more.   Bundesbank President: Blockchain is a 'Multi-Purpose Tool' At the G20 gathering in Wiesbaden, the president of Germany's central bank spoke about its blockchain work, and indicated support for accommodative regulation. Read more.   Go to CoinDesk BTC: $917.88 +0.5%  ETH: $10.52 -0.5% @10:00 EST - More price details WHAT DO YOU THINK? Will blockchain disrupt venture capital? Is the lack of legal framework a barrier? Do you think they're safe? We would really appreciate your feedback for our forthcoming State of Blockchain 2016 report.  TAKE THE SURVEY  PRESS RELEASES   25, Jan - Press Release: Bitcoin Faucets become the new entry points for Bitcoin in developing countries 25, Jan - Press Release: Wall Street Blockchain Alliance Adds OTC Exchange Network as Corporate Member 23, Jan - Press Release: Deribit Options & Future Exchange Announces Quarterly Future And Rebate For Makers Happy Friday! 😄   For those of you starting the Lunar New Year celebrations this weekend, on behalf of all of us at CoinDesk, we sincerely hope that the Year of the Rooster brings you good health and lasting prosperity. Share Tweet Copyright © 2017 CoinDesk, All rights reserved. You're receiving this email because you subscribed for updates on our website. Our mailing address is: CoinDesk 636 Avenue of the Americas New York City, NY 10011 Add us to your address book Want to change how you receive these emails? 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