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What is the future for decentralized ownership

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In this day and age, ownership of any asset is controlled by a centralized process or database, but with the creation of the blockchain, decentralized ownership is becoming a potential reality. Instead of relying on 3rd parties to validate your ownership of an asset, you should be able to do it yourself. What is IPFS? […]

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Why Privacy Coins Will Prompt Government Adoption

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One of the more unknown obstacles for the scalability of the blockchain, is privacy. While scaling the volume of transactions is important, so too is ensuring that transactions are private. On the blockchain, this privacy translates to encrypting the addresses and the amounts within each transaction. Privacy in transactions is important to make sure that […]

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All Eyes on Russian Blockchain Policy

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  Ministry of finance to legalize cryptocurrency trading At OPEN, we’re all about mass adoption of cryptocurrencies and blockchain tech, and to that end keep an eye on the world stage for clues that it’s gaining traction. Right now, Russia seems to be in the spotlight on that stage, as yet another world power that […]

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A Crypto Conference Can’t Accept Crypto?

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  We Can Help With That! In a previous post, we stated that we are tackling payment processing for cryptocurrencies as our first priority. If you missed it, in a nutshell we’re building the first developer-centric plug-and-pay platform, geared up for those who understand the massive opportunity in cryptocurrency acceptance (and innovations in decentralization in general) […]

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Thoughts for the Next Crypto Kitties Clones

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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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Why Scaling the Blockchain is about more than just Transaction Volume

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By Chase Smith Blockchain is the Future Blockchain is a platform that has a high amount of potential for the future of technological progress, it promises to disrupt the current system of central authorities in place of a decentralized authority. Not only does this add transparency and efficiency to transactions, it puts the power in group-thought […]

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What is the OPEN Platform?

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  The OPEN Platform is a blockchain based developer platform centered around providing payment 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 […]

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WHERE ARE THE RECEIPTS?

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  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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What Counts as a Security?

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By Chase Smith Disclaimer: The following post is not intended as legal advice and should not be relied upon when making investment decisions, designing protocols, or other activities which this post touches. It is intended to foster discussion only. Consult with a qualified legal advisor before acting on any subject touched by this post. In […]

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CRYPTOCURRENCIES: ARE WE APPROACHING THE TIPPING POINT?

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The rise of bitcoin could catalyze mass adoption Bitcoin is up 500{e9b7b6e97581a958d2bc378a46799d644da7fe427050b58be8de8c4fdd2a2020} since July 2017 Last week, close to $15 Billion in bitcoin was traded daily. In the coming weeks it’s highly likely that we’ll see that number increase. By the end of 2018, it’s anyone’s guess as to how high the value of BTC might […]

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