Flooding Impacts Crypto Mining
China is said to be the global leader in terms of crypto mining operations. So when reports began surfacing about massive rains, concerns were voiced. It turns out those concerns were well founded. All that rain produced floods in the Sichuan province of China and it has been reported that the flooding resulted in heavy damage to that region's crypto mining operation. This may be significant enough to slow things down in the cryptocurrency world!
Mastercard - the icon in the credit card industry was just awarded and interesting patent. There patent addresses an electronic (online) system that supports anonymous transactions and a distributed blockchain network.
One has to wonder what impact the patent could have on cryptocurrency transactions!
I talked about 3D printing in my emerging technologies webinar. At that time, I presented the 3D printing (using human tissue) of a heart valve. Here is an interesting development in that venue!!!
"Implantable 3D-printed organs could be coming sooner than you think"
The Race has begun!
The Central Bank In Bahamas is ready to introduce their own cryptocurrency. As more and more countries and territories introduce their own cryptocurrency, many of the general regulations may become problematic. Outlawing another countries currency of in this case cryptocurrency will likely have huge political ramifications! This is just the latest manifestation of this issue and it will only grow.
Lloyd Blankfein - CEO of Goldman Sachs an $87 Billion financial services organization recently said, It’s ‘Arrogant’ to Think Cryptocurrency Won’t be Successful