Blockchain – Karma https://karmaimpact.com Advancing people, planet and profit. Thu, 07 May 2020 23:14:50 +0000 en-US hourly 1 https://wordpress.org/?v=5.3.2 How Blockchain Technology Can Advance Sustainability /how-blockchain-technology-can-advance-sustainability/ /how-blockchain-technology-can-advance-sustainability/#respond Fri, 08 May 2020 10:00:00 +0000 /?p=15972 Blockchain technology can help further sustainability issues The inexpensive technology offers a network that provides secure information instantly available The low adoption rate of blockchain technology has to do with a digital divide in the world where only some have access to the Internet and the problem of scalability.  Blockchain technology may be set for […]

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‘Crucible for Innovation’: Why Jack Dorsey Is Planning on Spending Quality Time in Africa in 2020 /crucible-for-innovation-why-jack-dorsey-is-planning-on-spending-quality-time-in-africa-in-2020/ /crucible-for-innovation-why-jack-dorsey-is-planning-on-spending-quality-time-in-africa-in-2020/#respond Mon, 09 Dec 2019 16:54:00 +0000 /?p=14174 When Jack Dorsey, CEO of social media giant Twitter and mobile payments company Square, announced he’ll be spending up to half a year in Africa on Nov. 27, a chorus of criticism erupted calling his move “ill-advised.”  Scott Galloway, Twitter shareholder and New York University marketing professor, even wrote a letter to the board calling […]

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China Central Bank to Target Blockchain, Other Technologies in New Fintech Regulations /china-central-bank-to-target-blockchain-other-technologies-in-new-fintech-regulations/ /china-central-bank-to-target-blockchain-other-technologies-in-new-fintech-regulations/#respond Thu, 21 Nov 2019 22:00:26 +0000 /?p=13855 China’s Central Bank is preparing to launch a fresh round of regulations covering 17 financial services technologies, including blockchain, a high-ranking official said. People’s Bank of China Vice President Yifei Fan’s remarks Wednesday come amid a government campaign to keep pace with fast-changing developments in financial technologies.  “The financial industry either lacks the standards or […]

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The Mission to Monetize Trash: How Plastic Bank Is Aiming to Turn Trash into Treasure /the-mission-to-monetize-trash-how-plastic-bank-is-aiming-to-turn-trash-into-treasure/ /the-mission-to-monetize-trash-how-plastic-bank-is-aiming-to-turn-trash-into-treasure/#respond Wed, 13 Nov 2019 22:29:47 +0000 /?p=13721 Key Takeaway: Entrepreneur David Katz is on a mission to wipe out poverty and clean up the planet by monetizing trash. Plastic Bank is a Vancouver-based social enterprise with a Blockchain twist on recycling. Founded in 2013, Plastic Bank is now inching into profit. It pays the extreme poor in Haiti, the Philippines, and Indonesia […]

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Nebula Genomics Puts DNA on Blockchain to Buoy Privacy-Concerned Consumers /nebula-genomics-puts-dna-on-blockchain-to-buoy-privacy-concerned-consumers/ /nebula-genomics-puts-dna-on-blockchain-to-buoy-privacy-concerned-consumers/#respond Tue, 05 Nov 2019 19:25:03 +0000 /?p=13345 Key Takeaway: With concerns about the privacy of genetic data rising, Nebula Genomics has developed a Blockchain-based genomic marketplace, where users decide who gets access to their data and potentially receive compensation for sharing it. Founded by genomics pioneer and Harvard professor George Church, Nebula hopes to help accelerate genomic research and precision medicine discoveries. […]

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China Leadership Seizes on Blockchain as Tool for Cross-Border Financing and Loyalty Pledges /china-leadership-seizes-on-blockchain-as-tool-for-cross-border-financing-and-loyalty-pledges/ /china-leadership-seizes-on-blockchain-as-tool-for-cross-border-financing-and-loyalty-pledges/#respond Mon, 28 Oct 2019 21:58:07 +0000 /?p=13170 China’s Communist Party is the latest cheerleader for Blockchain, the technology underpinning Facebook’s Libra currency, with plans to use it to manage risk and ensure loyalty. Applied in conjunction with artificial intelligence, Blockchain may help in cross-border financing and settlement and further liberalize China’s capital markets, Lu Lei, a deputy head of the State Administration […]

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Former Trump Advisor, Fed Pick Moore to Launch Controversial Crypto Frax /former-trump-advisor-fed-pick-moore-to-launch-controversial-crypto-frax/ /former-trump-advisor-fed-pick-moore-to-launch-controversial-crypto-frax/#respond Mon, 21 Oct 2019 21:06:28 +0000 /?p=13056 A former Trump campaign advisor and unsuccessful Federal Reserve nominee is set to launch a new stablecoin backed by a pricing model that has already failed once because of regulatory concerns. Economist Stephen Moore, who withdrew his nomination to the Federal Reserve this year, and partner Sam Kazemian, founder of the Wikipedia competitor Everipedia, are […]

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King Gold, Relied Upon by Asia’s Unbanked, May Get Challenge from Bitcoin /king-gold-relied-upon-by-asias-unbanked-may-get-challenge-from-bitcoin/ /king-gold-relied-upon-by-asias-unbanked-may-get-challenge-from-bitcoin/#respond Fri, 27 Sep 2019 18:26:13 +0000 /?p=12398 Gold is still king in some less developed parts of the Asia-Pacific region. Khmers, Malaysians, Thais and others still use it to bypass financial institutions that have been tainted by widespread banking malpractice.  Maybe not for long, as bitcoin — easier to move and safer to carry around — makes inroads. The APAC region’s banks […]

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Energy Dept. Harnesses Startups, Takes Small Steps Into Using Blockchain to Protect Power Grid /energy-dept-harnesses-startups-takes-small-steps-into-using-blockchain-to-protect-power-grid/ /energy-dept-harnesses-startups-takes-small-steps-into-using-blockchain-to-protect-power-grid/#respond Tue, 10 Sep 2019 21:21:05 +0000 /?p=11859 Startups are increasingly on the front line as the U.S. Department of Energy nibbles at using Blockchain technology to secure the energy grid from cyber attacks. Internet security startup TFA Labs won a $199,660 Small Business Innovation Research grant in July from the DOE to use Factom Protocol software to confirm whether the grid is […]

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LO3 Showing That Blockchain-Based Energy Networks Aren’t Just Hype /lo3-showing-that-blockchain-based-energy-networks-arent-just-hype/ /lo3-showing-that-blockchain-based-energy-networks-arent-just-hype/#respond Fri, 30 Aug 2019 13:28:55 +0000 /?p=11676 LO3 is seeking nothing less than to transform energy production and distribution with its blockchain-based software, and has heavy-hitting backers willing to support their quest. Blockchain has become a potential game-changer in the energy industry over the last few years, attracting hundreds of millions of dollars in investment. While it was invented to record and […]

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