After just one week, Razormind's crowdsale for its blockchain powered DeOS (Decentralised Operating System) raised 2,947 BTC ($1,936,031) in exchange for DEOS tokens, the platform's provisioning currency.Against this backdrop, a Bank of Japan (BOJ) meeting approaching later this week has many digital currency market observers wondering how any new easing announced by the central bank could come to impact the price of bitcoin.
If the central bank uses additional stimulus, this move could place downward pressure on the yen's buying power, motivating market participants to flee the currency and purchase safe haven assets like bitcoin instead. Of course, the perception that this event could occur may be just as powerful given that the bitcoin price is often driven by speculation, in both senses of the word.
The quest of improving customers’ payment experience however put additional liabilities on these casinos — mostly legal. Many third party payment services often find it troubling to offer services to gambling websites, for they are bound by regional laws. In the US itself, the laws concerning the legalization of online gaming industry differ from state-to-state. Online gaming is still a gray area for banks and other payment service providers.
Discussing the top opportunities and threats for blockchain-based fintech, Tasca noted that this is a complicated issue because blockchain technologies can find application in different domains. However, while most interest has come from the financial industry so far, Tasca expects to see more future activity in other sectors such as energy, telecommunications, media and healthcare.
"New opportunities will emerge for them to redesign their business logic," Tasca told Bitcoin Magazine .
"The major threat I see so far is the lack of 'technology literacy': the lack of the ability to understand how blockchain works in the world," continued Tasca. "This can hamper the development and spread of the technology. Thus, a more important educational effort is required to help blockchain become a mainstream technology used in different business processes: This represents the long-term aim and goal of the UCL-CBT."
I am also nearly certain that Andreas Antonopolous is aware of this issue and has not taken any action to inform the media or Investors of this major issue.
I would love to say that this is just some conspiracy theory, but it isnt. Its a proven fact that we discovered as individuals, who then reported it to the News Media and developers and at the very least, we had our fears confirmed by Gavin Andresen.
