Blockchain Weekly Recap 7-30-2016

Blockchain Weekly Recap 7-30-2016


Glockchain Idea Could Help Monitor Police Use of Firearms

As criticism of police departments across the United States has escalated over the course of the last year, not everyone has been content to just take one side or the other in the debate over crime and police shootings. For some, the debate is of less importance than finding a viable way to help ensure that officers are more accountable for their actions when they fire their weapons. Enter the blockchain – or, in this instance, an idea that is being referred to as the ‘Glockchain.”

The Glockchain idea is the brainchild of a group of people who are committed to designing a new type of firearm that its creators suggest could help to hold members of the law enforcement community to account when officers exercise poor judgment during a shooting. The project has the support of Ideo CoLAB – which is a partnership involving a number of big names in the world of finance and business: Nasdaq, Citi Ventures, Fidelity, and Liberty Mutual, and is designed to create a new weapon markedly different from other so-called smart guns. The new gun would utilize blockchain and video technology to track weapon use and even provide a video recording the person using the weapon.

French Officials to Speak at Parliamentary Blockchain Forum in October

The French government will have a noticeable footprint at the upcoming Parliamentary Blockchain Forum on October 4, 2016, as MPs Jean Launay and Laure de la Raudière are scheduled to speak in the forum’s early session. Later in the day, Axelle Lemaire – the country’s Minister for Digital Affairs – will be tasked with offering the event’s closing statement. The Forum is scheduled to include startup presentations as well as blockchain roundtables.

KPMG Australia Launches New mLabs Accelerator Program

A new accelerator program was recently launched by KPMG Australia. The accelerator’s stated mission is to bring the Australian FinTech community into greater cooperation with the country’s credit unions. To further that goal, KPMG has chosen fourteen Australian startups to participate in the accelerator, including two blockchain startups: Moneycatcha and Fitchain. The accelerator is scheduled to last for twelve weeks, with each of the fourteen startups having an opportunity to work closely with seven of Australia’s credit unions and mutual banks.

The program will take place in Sydney and will be located at the company’s Bangaroo Office, as well as at the Stone & Chalk FinTech hub. The goal will be for those startups to work in collaboration with the banks to foster the creation of a variety of new commercially viable solutions for various business problems. Those solutions will then be tested, and prototypes will be built. If everything goes according to plan, the end result should see an even closer relationship develop between Australia’s FinTech and mutual sectors.

Blockchain Invades Democratic National Convention

Okay, maybe it wasn’t an invasion per se, but a group of blockchain advocates did journey to the recent Democratic National Convention to evangelize on behalf of distributed ledger technology. Those advocates – many of whom are considered leading lights in the industry – had an opportunity to speak to many of the assembled politicians and world leaders about the benefits of this technology and how it may reshape much of the marketplace. They even held a panel to discuss how blockchain tech could alter America’s voting systems by enabling verifiable phone voting, improved data analysis, and greater transparency of campaign finance transactions. There was even talk that the next President could be the “Blockchain President” who helps to provide leadership as the world enters what is being called the internet’s second generation.

Author: Ken Chase

Freelance writer whose interests include topics ranging from technology and finance to politics, fitness, and all things canine. Aspiring polymath, semi-professional skeptic, and passionate advocate for the judicious use of the Oxford comma.

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