FedThen, Fed Now, it's all the same: Centralization Kills

Adam Inyang
Posted at 11/9/2019

https://cointelegraph.com/news/fed-must-launch-fednow-ahead-of-facebooks-libra-says-govt-official

 

Central banking hasn't worked for the larger public since it's inception. it has always been used as a tool to generate wealth for the wealthy. And they very understandably see no reason to change things. Hence, Dear Nakamoto devised a solution. A crypto by any other name is not necessarily a crypto in the purest sense. the entire idea of an immutable distributed ledger becomes compromised when governed by a central power. My last post, "Be Wary of Centralized Blockchains" speaks on this same issue. Enjoy the article, then keep an eye on the maneuvers of governments working in blockchain to recreate a failed and dying system of economic control. Where are our champions?

...more

Categories:
0 Comments

Be Wary of Centralized Blockchains

Adam Inyang
Posted at 11/9/2019

https://cointelegraph.com/news/former-pboc-governor-libra-would-be-trusted-if-run-by-imf 

This former Chinese governor doesn't trust Libra and thinks it should be run by the IMF. I trust the IMF less.

The link above describes what we all knew was coming; governments and banks creating their own centralized cryptocurrencies. Simply going by the White Paper of Satoshi Nakamoto, we know that this technology was created to eliminate centralized banking systems. These government-owned and distributed blockchains, the technology won't be for fair and safe distribution of wealth. it will be for surveillance. recently at the #SmartCityExpo here in Atlanta, there were several companies showcasing their new technologies and talking about how innovative and groundbreaking they were. Although some of the stuff was cool, there was one recurring and nefarious theme throughout almost all of them; their innovative tech was just about how they would use cameras to record and stockpile footage of people. They intertwined solar power, VR/AR, and blockchain into their glorified spy cams to make it seem like they were doing solving some kind of problem for humanity. When in reality they're only trying to solve the problems of a few special interests. That problem is how to better surveil and control the populace. We would all be Truman shows to the people controlling those systems. I ain't got time. Be wary of Centralized Blockchains, for the fiat currencies they are tied to will sink and take the centralized blockchain captaining that ship down with it.

...more

Categories:
0 Comments

Conducted an Introduction to Cryptocurrency and Blockchain for Power sector Employees

Shantanu Sharma
Posted at 9/8/2019

I was privileged to have been invited to the National Power Training Institute in Faridabad, near New Delhi, to conduct a session on Blockchain Technology. I took a session on "Integration of Cryptocurrency and Blockchain in Business and Life". 

It was a small but engaging bunch of participants who have been working in the power sector for quite some time and were oblivious to the change in the technology paradigms of the world. Their interest piqued when I started to speak about cryptocurrencies, which shows that there is interest in the Indian market in this field, but little opportunities to understand it better. They were also interested to know about the various applications of cryptocurrencies using blockchain tech, in the various businesses including the power sector. I helped them take a peek into how blockchain can help in the Loyalty programs, Supply Chain, and Power sector

I also ensured that they saw how Blockchain explorer looks like and what Hashing actually is (used an online tool to demonstrate the same). 

About NPTI

National Power Training Institute (NPTI), an ISO 9001 & ISO 14001 organization under Ministry of Power, Government of India is a National Apex body for Training and Human Resources Development in Power Sector with its Corporate Office at Faridabad. NPTI has trained over 3,20,000 Power Professionals in regular Programs over the last 5 decades and is the world's leading integrated power training institute.

For more information visit: National Power Training Institute

...more

Categories: Education  |  Services  |  Technology
Tags:
  • training
  • Crypto education
  • blockchain education and training
0 Comments
Sponsored by: Brainsy, Inc.

Cryptocurrency Wallets & Exchanges Workshop

Darren Nelsen
Posted at 8/1/2019

I'll be teaching a Cryptocurrency Wallets & Exchanges Workshop at Atlanta Tech Park on Sat, Aug 24 at 1:00 PM ET.

This is geared toward those who want to secure digital assets in their own wallets (software or hardware) and use exchanges based in or friendly to the United States.

Register here:

https://www.eventbrite.com/e/cryptocurrency-wallets-exchanges-workshop-tickets-65814816889

Limited seating and early bird pricing available through Aug. 15.

...more

Categories: Education  |  Technology
Tags:
  • workshop
  • class
  • cryptocurrency
  • wallets
  • exchanges
1 comment
Sponsored by: Brainsy, Inc.

How Can Blockchain Fix the Criminal Justice System?

Adam Inyang
Posted at 7/30/2019

I recently took a trip out to Oakland and got to see some pretty amazing landmarks of the Black Panther Party for Self-Defense. One of them is the Alameda County Court building where the #FreeHuey movement reached a fever pitch and where Huey ultimately was received by the people after his 1970 murder trial acquittal. Now, almost 50 years later, we're no closer to realizing a truly unbiased justice system that fairly prosecutes the people of this country. With the industry-disrupting power of blockchain, i think we have the tools to begin reconstructing a system that has unjustly destroyed so many lives. There are many organizations involved with prison-reform, school-to-prison pipeline work, and other areas. In a country that boasts the largest prison population in the world, how can we use blockchain to help address the many blaring issues and disparities we encounter with the American criminal justice system??

i think the work of #ArtistActivists like John Legend and Jay Z should be commended then compounded with innovative blockchain solutions. Without going too far into detail, inmates are often denied simple basic rights, denied access to legal counsel, and are illegally victimized in countless other ways. Last year, the Atlanta city jail system was hacked and ransomed for over $100,000. Blockchain could offer solutions to both inmates and prison officials, and unfortunately, private owners as well.

But imagine, a decentralized and community-owned prison system that reintroduced rehabilitative and educational programs back into the jails. Imagine that that prison was run on solar energy and the inmates grew their own food in their self-sustaining agriculture program. I think that makes too much sense... but i'll get to work on it anyway.

...more

Categories:
Tags:
  • criminal justice
  • blockchain solutions
  • justice system
  • criminal justice reform
  • prison reform
  • decentralized
  • #FreeHuey
2 Comments
Sponsored by: Brainsy, Inc.

Blockchain & the Black Community

Adam Inyang
Posted at 7/17/2019

As adoption of blockchain grows, an inevitable conversation about race and the distribution of wealth in this country from its inception until now, will have to be had. For now, I'll just share this nicely authored article to spark some thoughts and dialogue amongst yourselves and others..

Bitcoin, Blockchain, & the Black Community

enjoy!

...more

Categories:
Tags:
  • bitcoin
  • blockchain
  • black community
  • minority
  • economic freedom
1 comment
Sponsored by: Brainsy, Inc.

Digital Identity enabled by Blockchain Technology

Rajyeshwari Ghosh
Posted at 7/9/2019

 

In this article, Digital Identity enabled by Blockchain Technology, I explore how Blockchain Technology based start-ups are using this technology to provide Digital Identity solutions to the refugees, undocumented immigrants, and migrant workers. As per UNHCR Global Trends, 70.8 million individuals were forcibly displaced, worldwide, as a result of persecution, conflict, violence, or human rights violations at end-2018. It is said among them are the world's over 25.9 million refugees, many of whom might have left their proof of identifications behind. Without legitimate proof of identifications, individuals do not have access to various social, economic, and legal benefits. Organizations such as BanQu, AID:Tech, Humaniq, BitNation, Moni, and others are creating solutions so that these individuals can live with at least the basic necessities of life. I also mentioned about the benefits as well as the concerns for using this technology. 

Having worked in Technology sector for years now, I believe Technology solutions need to be designed, keeping the end users in mind. In order to do so, we need to use not only the computational logic but also the sentiments and needs of those who would be benefited, ultimately, using these solutions. 

Here is the link to the article - Digital Identity enabled by Blockchain Technology. Look forward to reading your comments. 

https://www.linkedin.com/pulse/digital-identity-enabled-blockchain-technology-rajyeshwari-ghosh/

...more

Categories:
1 comment
Sponsored by: Brainsy, Inc.

President Maduro Orders The Bank of Venezuela to Accept Petro Crypto

Adam Inyang
Posted at 7/4/2019

President Maduro is a controversial figure. But love him or hate him, i feel this is a good move for crypto adoption. It's a move that could also help bolster the struggling Venezuelan economy. I think Maduro can be paralleled with Gaddafi in the sense that some of his policies and official actions may be unpopular, but the country is better off with him than with a plated puppet that is used by foreign governments to exploit the country's resources. Read more below...

https://cointelegraph.com/news/president-maduro-orders-the-bank-of-venezuela-to-accept-petro-crypto

...more

Categories: Financial Services  |  Government
Tags:
  • maduro
  • venezuela
  • bank
  • petro
0 Comments