It’s about what the problem is that you’re trying to solve, and does blockchain help address that problem? There are a lot of problems that blockchain is not appropriate for. Do you have the technical capacity or an accessible online environment? That’s important.” On top of that, ...
“What is actually happening? What does it mean when you become more identifiable?” Is it OK to use digital ID systems for social control and social accountability? The Chinese social credit system, according to one Salon participant, includes a social control function. “If you have not ...
How does blockchain work? A deeper dive may help in understandinghow blockchain and other DLTs work. When data on a blockchain is accessed or altered, the record is stored in a “block” alongside the records of other transactions. Stored transactions are encrypted via unique, unchangeable has...
See Basel Committee on Banking Supervision (n 8) 14 locating fintech in the ‘hype cycle’ according to Gartner: ‘Thus fintech in general may well be hyped and some innovations may already be entering the “trough of disillusionment” but, as history shows, this does not necessarily mean t...
However, as the Ethereum developers noted in the aftermath of the report, “as far as we know, the bar has been raised high enough that eclipse attacks are not feasible without more substantial resources”, a statement applicable to other DLTs too.Unfortunately, there are attackers with substan...
How does blockchain work?A deeper dive may help in understanding how blockchain and other DLTs work.When data on a blockchain is accessed or altered, the record is stored in a “block” alongside the records of other transactions. Stored transactions are encrypted via unique, unchangeable hash...
“Rather than just providing a one-way ticket to solving a simple problem, we need to go deeper, because the problem does not have just a single cause.” In addition, as other participants called out, much of the change being pushed by ads is shallow change, when what is really needed...
If you work with local developers and force them to open source the algorithm, what does that mean for them and their own sustainability as local businesses? Legal agreements? Another person suggested that we focus on open sourcing legal agreements rather than algorithms. “There are always risks...
How does blockchain work?A deeper dive may help in understanding how blockchain and other DLTs work.When data on a blockchain is accessed or altered, the record is stored in a “block” alongside the records of other transactions. Stored transactions are encrypted via unique, unchangeable hash...
Does the sector needs to wait for a simplified and “user friendly” version of blockchain before humanitarians get into the space? Some said yes, but other participants said that the technology is moving quickly, and that it is critical for humanitarians to “get in there” to try to slo...