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2 Nobel Prize Winners To Research Blockchain Economics

The blockchain industry got two impressive academics to join its ranks. On Monday, blockchain security firm Cryptic Labs announced that two Nobel Prize winners in economics will conduct research into economics of blockchain. Dr. Eric Maskin and Sir Christopher Pissarides will also join the Palo Alto, Calif. firm's advisory board. "[They] will provide insights in incentive mechanisms, game theory and macro-economic policies, bolstering the institute’s mission to address the lack of blockchain industry expertise in both fields," Cryptic Labs said in a Sept. 10 statement. Their insights will guide clients' development and strategy of blockchain projects, bolstering the chance of...

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CryptoKitties, The Ethereum Revolution That Makes Blockchain Adoption Possible

 Cats. They have taken the internet by storm. Cat memes rule the internet, YouTube is the home of the cat and really, we’re all a little cat obsessed. Therefore, it’s only right that cats break into the crypto community to. Introducing CryptoKitties. If you’re not heard of it before, you’re going to love it. First of all, why cats? According to CryptoKitties: “Cats are impossible to understand. They’re ambassadors for pharaohs, memes, and your mom’s facebook page. They don’t discriminate; they despise everyone equally. Cats are perfect killing machines, with retractable claws, night vision, and teeth on their tongue....

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High-Paying Blockchain Jobs Are Offering Security In Uncertain Times

The U.S. economy is bustling under the Trump administration, exceeding Wall Street's expectation by adding 201,000 jobs in August and increasing hourly wages by 2.9 percent, according to Bureau of Labor Statistics newest data. That's good news for gig workers, especially the blockchain crowd. However, there's a massive storm brewing ahead: Automation could displace up to 800 million workers globally by 2030, according to Nov. 2017 study by McKinsey. On the positive side, blockchain tech is providing career opportunities to millennials and Generation Z while cryptocurrencies are creating new wealth for token holders. Both of which can alleviate the pains...

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Top 5 Blockchain Based Technologies

Blockchain technology has rightly been called the most disruptive tech to have emerged this century. It has gone beyond its original ambition of being just a mode of monetary transactions. Today, various industries across different sectors are looking towards leveraging the distributed ledger to improve their business models. Here are the top 5 ways in which blockchain applications have been developed successfully. 1.    Banking and Financial Service Industry Blockchain as a digitised, secure and tamper-proof ledger has the power to enhance security and accuracy in the financial services ecosystem. Add to that the absence of any middlemen, which further brings...

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Extra Fees Imposed On Blockchain p2p Energy Producers In Thailand

Thai officials have drafted new regulations which demand that producers of electricity who use blockchain should be charged additional fees. Regulators within the government fear that an explosion in independent power generation could lead to a reduction in revenues. The Electricity Generating Authority of Thailand (EGAT) recently called for fees to be paid as a subsidy in order to counteract the potentially destabilising effects brought on by blockchain technology. In Thailand, the number of household solar-powered generators is increasing at a rapid pace, and the Energy Regulatory Commission (ERC) has been called upon to develop regulation which makes energy generation...

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