Category Archives for General Interest
OPEN Leading the way in the future of Blockchain
Blockchain technology is likely one of the most impactful discoveries in recent history, with the ability to revolutionize industries and fundamentally change the way the world works. Although blockchain technology is a relatively recent innovation, its potential uses and ability to disrupt existing industries are unparalleled. Currently, industries like real estate have very limited adoption […]
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DApps: The Next Big App Store?
It may feel impossible to think about going an entire day without using applications. Apple and Google are directly responsible for the success of the app market, a thriving global industry that’s estimated to be worth $6.3 trillion in three years. But a decade ago when apps were just becoming popular, the industry was a […]
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The Blockchain Future of Software Applications
The popularity of blockchain technology has brought a lot of attention to the idea of decentralized databases. As a result, decentralization has become a buzzword overestimating its actual use case. The truth is that most future applications probably aren’t going to be purely centralized or decentralized as there are distinct advantages to both. While decentralization […]
Continue readingWhy OPEN is More Relevant Than Ever
Last week, two things happened that caught our attention: 1) Telegram was banned from the App Store 2) major credit card companies revealed they were planning to increase interest rates for any transaction dealing with the purchase of cryptocurrencies. To us, this means the technology we’re building at OPEN is more relevant than ever. SHOULD […]
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What will the Future be like with Decentralization
By Chase Smith The current system uses a variety of disjoint systems that have to interact through flimsy bridges. The companies that create these bridges often have a monopoly on who can cross and for what kind of toll. We see these kinds of companies when people deal with payments, but also in any […]
Continue readingBlockchain Blitz — There’s a Coin For That
ICO TRENDS MIRRORING THE RISE OF MOBILE APPS Not too long ago in San Francisco, a center for advancement in the world of tech, you couldn’t walk down the street without overhearing someone’s idea for a new mobile application. Some were genius (can you imagine a world without Uber?) others, not so much. But the […]
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Thoughts for the Next Crypto Kitties Clones
By Chase Smith Cryptocollectibles of the Past Cryptocollectibles are not new to the blockchain. Even though fungibility is one of the necessities of a cryptocurrencies, there was at one time a similar craze for the color coins. Coins that were to have attributes layered on top of the original bitcoin infrastructure. Crypto Kitties: An On-chain Game CryptoKitties […]
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What is OPEN Platform?
The OPEN Platform is a blockchain based developer platform centered around providing developer infrastructure for mainstream application developers to embrace decentralized technologies. Like the Stripe API has made it incredibly simple for developers to simply ‘plug and play’ and process payments within their technology stack, the OPEN API enables developers to similarly accept and enable […]
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WHERE ARE THE RECEIPTS?
Aside from the obvious — you can’t yet use cryptocurrency in conventional applications or on most existing websites as a form of payment, something we are actively solving — the thing that struck us as much-needed is receipts. Where are they? As it stands, it’s convoluted at best and impossible at worst to produce […]
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How CryptoKitties Proves The Value of Cryptocurrencies For App Developers
Based on data from ETH Gas Station, CryptoKitties is now the largest decentralized application on the Ethereum blockchain. This game, based on breeding and selling digital cats, has consumed more than 14{e9b7b6e97581a958d2bc378a46799d644da7fe427050b58be8de8c4fdd2a2020} of the total transaction volume and shows little signs of slowing down. CryptoKitties functions through a set of 5 Ethereum smart contracts […]
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