Blockchain Weekly Recap 10-31-2015
Microsoft Adds Blockchain Access for Enterprise Users.
Almost a year ago, Microsoft added a Bitcoin payment option to its Xbox platform. Now, the company is moving forward with a plan to add blockchain access to its Azure cloud service, via a toolkit that provides its business users the ability to experiment with and better understand distributed ledger technology. The move is the result of a partnership between the software giant and Ethereum’s tool and app-building collective ConsenSys. Microsoft’s toolkit will give its users access to Ethereum blockchain applications and development tools that can be used to operate their own company blockchain networks.
Dash Announces Evolution.
Dash this week announced that it is going to unveil a number of upgrades that it is calling “Evolution.” While the main details of the Evolution upgrade won’t be revealed until the December 4 2015 Latin American Bitcoin Conference, Dash’s lead developer Evan Duffield has offered a brief outline of one initial development. On Wednesday, he broke news of Dash’s plans for the introduction of something he referred to as a DAPI (decentralized Application Programming Interface).
By using the DAPI, computer programs and people will be able to access the Dash blockchain, without needing to run their own node. That means users can avoid the need to download or store the entire blockchain, without sacrificing security or personal privacy, while still being able to interact with the Dash network.
Colu Announces Partnership with Deloitte.
On Monday, Tel Aviv firm Colu announced that it is partnering with the consulting company Deloitte, with the intent of carrying the blockchain’s many potential benefits to new markets. The deal also includes Deloitte’s Rubix team and represents the next phase of their growing business relationship with one another. At this point, there are few details that have emerged as to what the joint venture will actually involve. Stay tuned…
The Blockchain Meets Your Car.
For anyone who missed it, our own Thomas Moore has a gripping article on the site that details some of the brilliant new ways that the power of the blockchain is being harnessed for various aspects of car ownership. If you missed it Tuesday, do yourself a favor and give it a look: Cars Become Mobile Wallets with Visa and Bitcoin.
BitUnit Foundation to Hold Blockchain Conference in Ghana.
The new foundation BitUnit has scheduled a Bitcoin blockchain conference for November 28, 2015 - to be held in the African nation of Ghana. The conference’s goal is to educate those in attendance about blockchain technology, as well as the benefits that digital currency can provide to the people of Ghana. The main topics will include things such as how cryptocurrency works, how wallets are created, and how the currency can be used before turning to a broader discussion of blockchain technology and its applications in society.
BitUnit has been active in grassroots Bitcoin education in local communities throughout Ghana. Thus far, the group has focused on the importance of cryptocurrency and the blockchain as mechanisms for reducing currency transaction costs and delays, and its potential for assisting the large number of unbanked citizens in the nation.
Nasdaq Reveals First Six Linq Clients.
Nasdaq revealed the names of the first clients for its Nasdaq Linq blockchain-powered platform during the Las Vegas Money 20/20 conference on Tuesday. The platform uses blockchain’s ledger technology to enable companies on the Nasdaq to issue, record, and catalog share transfers, simplifying record-keeping and making ownership easier to verify. The six companies initially participating on Linq include PeerNova, Synack, Tango, Chain.com, Vera, and ChangeTip.
Blockchain Dominates Bitcoin Conversation at Money 20/20.
With much of the conversation at Money 20/20 focused on blockchain-related news from Nasdaq, Visa, and other companies that are now focused on the distributed ledger technology, Bitcoin ended up being the wallflower at the event’s (Bit)coinWorld track. In fact, much of that conversation revolved around terminology, as many of those who support distributed ledgers for private use argued for a name change that separated the ledgers from the name. Privacy, security, and other issues related to permissions were also recurring themes at many of the panels.