UPDATED MAY 2020 - This blog will appear monthly from now on. Today, all organizations depend on technological innovation in order to sustain their existence. Analysis of emerging technologies and identification of those technologies with the greatest potential is essential to being prepared for upcoming projects. The objective of this blog is to establish future oriented technology analysis and insights. This blog was established to provide program and project managers with information about these emerging technologies. These emerging technologies have far reaching repercussions for program and project managers. This blog will jump-start the learning process and allow program and project managers to become proactive.
Recent Posts
A brief introduction to Emerging Technologies
The erosion of conventional wisdom
WARNING: 2 Significant Cyber Threats
On the edge or in the clouds
Biology + Math = BioInformatics
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Date
| In mid-September 2016, a Federal judge in New York issued a ruling that states Bitcoin constitutes a form of money.
Wow, in late July 2016, a Florida Judge ruled that Bitcoin is not money
Wait a minute, in 2016, the European Parliament passed a proposal to set up a task force to monitor virtual currencies, such as Bitcoin. No real decision yet!!!!
But hold on, in 2015 the Commodities and Futures Trading Commission defined Bitcoins and all cryptocurrencies as commodities in their regulatory process.
Time out, in 2014, the IRS ruled that Bitcoin would be considered a taxed property. That is certainly not money.
Hold on, in 2014 the Financial Crimes Enforcement Network (FinCEN) [They Have Guns] provided guidance on bitcoin exchanges and payment processors, finding that they are considered money services businesses under US law.
This technology has certainly created a state of confusion!
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Posted on: September 21, 2016 08:48 PM
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Comments (4)
| Cryptocurrencies – are a digital medium of value exchange similar to the normal currencies or money that we all know and use. These relatively new mechanism of value transfer have created a means of wealth management that is beyond restriction and confiscation of any nation or government authority. Today there are hundreds of cryptocurrencies. Mid 2015 there were over 650 active cryptocurrencies being used globally. Many are projecting new records in the cryptocurrencies will be set in 2016. In 2015, the cryptocurrency known as BitCoin was by far the most common representing 80 percent of the cryptocurrency market. In January 2016, BitCoin accelerated and reach 90 percent of the market. Bitcoin was the first cryptocurrency that was created back in 2009 by a developer that went by the name Satoshi Nakamoto. Many organizations have or are launching projects to integrate this mechanism of payment into their eCommerce systems.
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Posted on: July 06, 2016 09:19 PM
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Comments (2)
