Auto manufacturer Ford Motor Company and battery maker LG Chem announced on Jan. 16 that they are joining forces with a major Chinese mining firm on a pilot project to use IBM Blockchain technology to trace the origin of the mineral cobalt used in batteries. More than half of the world supply of cobalt is mined in the war torn Democratic Republic of Congo, where illegally mined minerals and diamonds often fund brutal militias, and child labor and hazardous working conditions are common.
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Must-reads for October 31, 2018: #MeToo goes blockchain in China, U.S. gov’t and Bitcoin, and Africa’s hope in DLT
These are the crypto stories you should be following today
Chinese Activists Are Using Blockchain to Document #MeToo Stories (Harvard Business Review) Censors in China cracked down on women sharing their experiences on social media of being sexually harassed. In response, some began putting their stories into a blockchain ledger. That raises some tough questions, however, because the stories become immutable. “What do libel suits look like when records can’t be deleted from the blockchain? What about the “right to be forgotten” that is built into privacy policy in some countries?” asks MIT’s Catherine Tucker and Harbin Institute of Technology’s Yudan Pang. EY Reveals Zero-Knowledge Proof Privacy Solution for Ethereum (CoinDesk) Accounting firm EY (what, they’re too cool to…
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Must-reads for October 22, 2018: How much blockchain engineers get paid, Hedgie selling house for BTC, and Kenyan BBQ joint takes Dash
These are the crypto stories you should be following today
Salaries for blockchain engineers are skyrocketing, now on par with AI experts (CNBC) There’s still a demand for blockchain engineers! Per Salvador Rodriguez (or, at least, the bullet points at the top of his artice): “Blockchain engineers are making between $150,000 and $175,000 in annual salaries on average. Blockchain engineers are the top paid roles in software development, on par with specialists focused on artificial intelligence. Demand for blockchain engineers has increased by 400 percent since late 2017 on Hired, a firm that helps clients recruit tech candidates.” NatWest to become world’s first bank to use blockchain for loan management (TheNextWeb) NatWest plans on using blockchain technology (specifically, R3)…
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The dream of the 1890s is alive in crypto. "I"m so authentic, I get my crypto news printed on newsprint before I read it." (via Pixabay)Must-reads for August 30, 2018: Ethereum’s Lubin talks Tether, EU considers regulations, and more
Here are the crypto stories you should be watching today
Ethereum cofounder defends Tether against manipulation accusations (Yahoo Finance) Tether is often accused of being printed without assets to back and then used as a tool to manipulate bitcoin price. Joe Lubin, who now runs Brooklyn-based Consensys, isn’t a Tether skeptic. “Based on our analysis, which involves just talking to a bunch of people in the space, we do believe that tethers are backed 1 to 1 by U.S. dollars in bank accounts. But it’s still not 100 percent solid in terms of a story from my perspective. I expect may other price-stable tokens will arise and take it place. MakerDAO’s dai is doing incredibly well. It’s a mechanism that…
