Like cookies and milk, cryptocurrencies and Universal Basic Income (UBI) are two particularly promising concepts that could go great together. If we’re to give money to the needy, then we should use the best technology available. Because trust is built-in, cryptocurrencies can bypass the sticky bureaucratic fingers that are all too common in many countries. The most significant barrier to large-scale implementation of a crypto UBI is the lack of a reliable identification system. Needy people don’t typically have passports. And since their governments are often corrupt, giving those governments power to exclude or include people would be dangerous. My Kuwa (“to be” in Swahili) white paper is a first attempt to describe a potential technical solution to this identification challenge. … More Kuwa: A Decentralized, Pseudo-anonymous and Sybil-Resistant Individual Identification System
In the cryptoeconomy, getting clobbered by competition can actually make you rich. The best initial coin offering (ICO) white papers describe business models that are designed to be disrupted. Unfortunately, way too many people who write ICO white papers don’t understand that. … More Disrupt me, please.
Entrepreneurs see initial coin offerings (ICOs) as an easy way to quickly raise a lot of money with no strings attached. Some ICO investors’ greed has blinded them to the apparent risks. However, ICOs are an important new fundraising innovation that is appropriate for endeavors where the objective is to create value through decentralization. Although most ICO-funded projects will fail, the ones that don’t will have a more significant impact on our lives than the Web. Governments, particularly in the United States, have been slow to act. When they do, some entrepreneurs will find themselves in trouble, and many ICO investors will have already lost money. For important ICO-funded projects to flourish, we need ground rules. The Simple Agreement for Future Token Sales (SAFT) is the most significant industry initiative so far that tries to define those rules. … More WANTED: Rules for Initial Coin Offerings
“Streampunks: Youtube and the Rebels Remaking Media” covers the rise of a new class of media stars: Youtubers. Robert Kyncl, YouTube’s cheif business officer, authored the book with the help of Maany Peyvan, Google’s lead writer. It’s an authoritative, fascinating, well-written and entertaining book. If you’re over 30 and you’ve blinked, then you may have missed the media revolution that YouTube sparked and is continuing to lead. But since current Google employees wrote the book, it’s not surprising that it sometimes seems like an infomercial that occasionally acknowledges some of YouTube’s less desirable impacts. If you work in the media business, then read this book. … More Your kids are watching Streampunks while YouTube watches everyone.
The University of Massachusetts College of Information and Computer Sciences (CICS) has doubled its undergraduate enrollment in the past five years. The grad school grew that fast in just two years. It now boast 210 active Ph.D. students out of a total enrollment of over 1,600. Two major sponsors have recently pledged an additional $12 million in funding for the school. That money will fuel continued growth. The latest initiative at the CICS is its Entrepreneur in Residence (EIR) program, which the school asked me to help create. … More I’m an “Entreprenuer In Residence” at the UMass College of Information and Computer Sciences
“Introducing Ethereum and Solidity: Foundations of Cryptocurrency and Blockchain Programming for Beginners” is a light introduction to Ethereum and its built-in scripting language, Solidity. At 179 pages, this book is not a comprehensive tutorial about building decentralized apps (also called DAPPS). The book does, however, provide a very brief overview of developing and deploying smart contracts on Ethereum. … More Read “Introducing Ethereum and Solidity” to get your feet wet with smart contracts.
If you’ll be anywhere near Northampton, Mass. on May 10th, 2017, then make sure you swing by the World War II Club (50 Conz Street) at 6 pm. My Meetup.com group, Western Massachusetts All Things Blockchain, will be giving a presentation on Ethereum, which is a leading open source blockchain-based software project. Among other topics, … More Ethereum: What a gas! – Come to our presentation on May 10th.