Venus includes a secure-identity vault, providing a user interface to manage your identities on different sites and sign blockchain transactions.
Version 2.5 of the CMT Wallet is now available to download. Why should you update to your wallet to the new version?
Download it today via cybermiles.io.
5miles.com, the popular peer-to-peer marketplace that currently is migrating to the CyberMiles blockchain, is supporting entrepreneurship where — and when — it counts: at a local level, and at a young age.
Sponsored by 5miles and Everfi, the Dallas Mavericks’ education technology partner, the Venture Entrepreneurial Expedition Business Pitch Competition brought together five teams of middle school students who are aspiring to be the business leaders of tomorrow. These young entrepreneurs pitched a host of their best and brightest new ideas to guest judges, including Mavs center Dwight Powell as well as Cynthia Marshall, the team’s CEO.
"I think our future is in good hands with young people like this," Ms. Marshall noted. "They dream big, and I encourage them to continue dreaming big."
Learn more about the program and this year’s event at mavs.com.
A market research analyst with Distributor Daily asked Drs. Lucas Lu and Michael Yuan, co-founders of The CyberMiles Foundation, both to weigh in on the state of blockchain in a number of massive, global industries, including energy and retail.
"Blockchain is moving from just another IT solution to an ecosystem builder," according to Dr. Lu. "Consider Bitcoin as blockchain 1.0, and Ethereum as blockchain 2.0, we’re now on to blockchain 3.0, which can realize — and improve upon — the promise of the Ethereum network. That network, as it has gained popularity, has become too slow (transactions per second) and prohibitively expensive (gas fees)."
On the world-changing potential of blockchain to disrupt (in a positive way) electricity production.
"There are a handful of ambitious projects (ex. Eloncity) aiming to decentralize the electrical grid infrastructure and energy monopolies, replacing them with a hierarchy of blockchain-enabled microgrids," Dr. Yuan says. "Such microgrids will allow communities to store, trade, and consume locally-generated renewable energy."
It’s been 150+ years since the first modern solar power plant was established in Algiers. Will blockchain technology lead to a more effective harnessing of the sun’s energy? Better supply chain and inventory management? Read more energy and retail industry insights at disruptordaily.com.
Cryptocurrency, notably Bitcoin, may raise more eyebrows than excited grins these days, but we know not to be fooled by the price volatility of crypto. Why? Because the promise of what crypto — and the blockchain technology behind it — can do for the entire e-commerce sector remains so compelling.
For many companies, Bitcoin simply represents a system that facilitates the movement of money with comparatively low transaction costs. (Note that payment processor BitPay takes just one percent per crypto transaction. Many credit card processors take two percent or more.)
Because Bitcoin acts as both a currency and a payment network, it can facilitate cross-border trade. Payment localization is suddenly a matter of adding crypto as a payment option, and there is no national entity to which you must remit a currency. From a user experience perspective, too, it always helps to offer multiple payment options in your shop.
Learn more of the upsides and downsides of crypto for e-commerce brands at scalefast.com.
Blockchain can be used to democratize access to big data, as well as make artificial intelligence breakthroughs the province of many — not just a handful of tech giants.
While data stored on the blockchain can be encrypted, not all of it can — or should — be stored publicly. According to Dr. Lucas Lu, CyberMiles’ co-founder, "Confidential data should be stored off-chain in databases, while their cryptographic hash and public keys are available on the blockchain for the public to check."
Using blockchain for A.I. comes down to what A.I. you need, and how you can acquire data. Personal data is becoming more valuable every passing day — that’s why we’re seeing so many data breaches. Blockchain, however, offers a secure way to guarantee ownership of data — and where data goes, A.I. will follow.
Read more insights via TechTarget’s SearchCIO.
A likely source of that confusion stems from the fact that a blockchain is a type of database since it’s used to store information in “block” data structures. Conversely, a traditional database also stores information but does so in “table” data structures.
Simply put, the two are not interchangeable because although both are used to store information, they’re different in design and purpose. Understanding this fundamental difference makes it possible to appreciate why blockchains are necessary — and why databases are better suited for certain data storage.
Head over to coinbureau.com to learn more.
Thanks for your support, CyberMilers! Help us spread the word, won’t you? — Mark Brinkerhoff, Community Manager
Mark Brinkerhoff, a CyberMiles advisor and VP of Communications at 5miles, writes about the mainstreaming of emerging technology in business.
Have questions? Anything that you want to see included in our next newsletter? Email [email protected]
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