The Cambridge Centre for Alternative Finance releases the second edition of the Global Cryptoasset Benchmarking Study.

 

 

The Cambridge Centre for Alternative Finance (CCAF), an academic research centre at Cambridge Judge Business School releases the second edition of the Global Cryptoasset Benchmarking Study.

The new findings reflect the growing maturity – and recent cooling off – of an industry that experienced huge growth in 2017. The aggregate market capitalisation of cryptoassets skyrocketed from $30 billion in April 2017 to more than $800 billion at its peak in early January 2018, until coming down again to hover at around $200 billion.

The annual survey by the CCAF provides a systematic empirical analysis of the rapidly evolving cryptoasset ecosystem, illustrating the structure of a dynamic industry composed of four key segments (mining, storage, exchange, and payments) that collectively grew more than 160 per cent in 2017. The analysis is based on non-publicly available data from more than 180 startups, established companies, and individuals covering 47 countries across all world regions.

Key highlights of the findings include:

  • Millions of new users have entered the ecosystem, but most remain passive.
    Total user accounts at service providers now exceed 139 million with at least 35 million identity-verified users, the latter growing nearly four times in 2017 and doubling again in the first three quarters of 2018. Only 38per cent of all users can be considered active, although definitions and criteria of activity levels vary significantly across service providers.
  • Firms are increasingly operating across segments.
    The cross-segment expansion observed in 2017 has continued. 57per cent of cryptoasset service providers is now operating across at least two market segments to provide integrated services for their customers, compared to 31 per cent in early 2017.
  • Multi-coin support is rapidly expanding.
    Multi-coin support has nearly doubled from 47per cent of all service providers in 2017 to 84 per cent in 2018. This is a trend primarily driven by the emergence of common standards on some cryptoasset platforms (e.g. ERC-20 on Ethereum) that has resulted in a rapid increase in the supply of tokens.
  • The majority of identified mining facilities use some share of renewable energy sources as part of their energy mix.
    The study estimates that as of mid-November 2018, the top six proof-of-work cryptoassets collectively consume between 52 and 111 terawatt-hours (TWh) of electricity per year. The mid-point of the estimate (82 TWh) is the equivalent of the total energy consumed by the entire country of Belgium – but also constitutes less than 0.01 per cent of the world’s global energy production per year. A notable share of the energy consumed by these facilities is supplied by renewable energy sources in regions with excess capacity.
  • Mining is less concentrated than commonly perceived.
    Cryptoasset mining appears to be less concentrated geographically, in hashing power ownership, and in manufacturer options than commonly depicted. The mining map exhibits that hashing facilities and pool operators are distributed globally, with growing operations in the USA and Canada.
  • Self-regulatory efforts reflect growing industry maturity.
    Industry actors are pro-actively adopting measures that appear to comply with existing regulation despite not necessarily being explicitly subject to regulations. The increasing number of self-regulatory initiatives, combined with the emergence of sophisticated and professional services, reflect the growing maturity of the industry.

The full report can be downloaded here.

Contact:
Michel Rauchs | Lead, Cryptocurrency and Blockchain
Cambridge Centre for Alternative Finance
University of Cambridge, Judge Business School
10 Trumpington Street | Cambridge CB2 1AG

The Cambridge Centre for Alternative Finance is an international interdisciplinary academic research institute dedicated to the study of alternative finance, which includes financial channels and instruments that emerge outside of the traditional financial system (i.e. regulated banks and capital markets). Examples of alternative channels are online ‘marketplaces’ such as equity- and reward-based crowdfunding, peer-to-peer consumer/business lending, and third-party payment platforms. Alternative instruments include SME mini-bonds, private placements and other ‘shadow banking’ mechanisms, social impact bonds and community shares used by non-profit enterprises, and alternative currencies such as Bitcoin.

Humanitarian Blockchain Summit – Dec 7, 2018

FORDHAM UNIVERSITY LINCOLN CENTER
December 7, 2018

The Humanitarian Blockchain Summit will bring together technology experts, scholars, and humanitarian practitioners for dynamic discussions about the future of blockchain technology in humanitarian operations and in pursuit of the United Nations Sustainable Development Goals.

 

Blockchain technology holds great potential for improving these operations-whether it’s used to transfer cash to disaster victims, coordinate the delivery of supplies, streamline humanitarian financing, or make humanitarian projects more gender-inclusive.

 

The summit is designed for those interested in using blockchain for tangible humanitarian impact. Breakout sessions focused on overcoming challenges to using blockchain, as well as identifying the best ways to develop humanitarian-friendly blockchain platforms, among other topics. The sessions also include collaborative exercises and presentations about how some organizations use blockchain.

 

The goal of the event is for participants to recommend policies for using blockchain in specific humanitarian interventions through:

 

  • Sharing lessons learned and experiences emerging from the early days of implementation of blockchains initiatives for humanitarian action;
  • Increasing awareness about the variety of platforms and protocols currently being implemented, and their unique specificities;
  • Exploring the ethical adoption of humanitarian blockchains solutions in response to technical, legal, and governance challenges facing the humanitarian sector;
  • Bringing together experts from across sectors to foster new partnerships, encourage technical collaboration, and explore non-traditional funding sources;
  • Curating existing open-source tools used in humanitarian blockchains services; and
  • Building a digital community of developers interested in impacting humanitarian action.

Keynote speaker:

Rebecca Curzon, Senior Program Manager, Disaster Relief & Resilience, IBM Corporate Citizenship
Ambassador Dr. Toshiya Hoshino, Deputy Permanent Representative, Permanent Mission of Japan to the United Nations, Co-chair of the multi-stakeholder forum on Science, Technology and Innovation for the SDGs.

 

Come to learn from experts from:
and more!
Core Partners

 

 


Contact:

For media inquiries:  contact Kaitlyn Lyngaas, IIHA Communications Office

To partner with us: contact Giulio Coppi or Aiden Slavin, IIHA Innovation Fellows

 

 

718-817-5694
iihaoutreach@fordham.edu
http://www.fordham.edu/iiha

TRUST MACHINE – The Story of Blockchain

 

Trust Machine is produced by Blockchain entertainment studio SingularDTV, directed by Alex Winter, and narrated by Rosario Dawson.

The film espouses a stirring message of hope and reveals how proponents of the blockchain are already using the technology to change the world — fighting income inequality, the refugee crisis and world hunger. We feel that the film very much aligns with the ethos of your organization, and we would love to find a way to work together, either to offer a few tickets to screenings for you or simply to support one another over social media.

Here’s a bit more about the film:

Hacktivist and blockchain expert Lauri Love fights extradition in TRUST MACHINE—his computer skills a threat to the US government.Tech innovators strike a raw nerve as banks and network pundits rush to condemn volatile cryptocurrencies and their underlying blockchain technology.

Among others, these people appear in the film;
Lauri Love, Hacktivist
Vinay Gupta, CEO of Mattereum
Laura Shin, Blockchain journalist
Bill Tai, Venture Capitalist
Imogen Heap, Musician
Tim Draper, Venture Capital Investor
Spiros Michalakis, Quantum Physicist at CalTech
Mark Jeffery, CEO of the Guarding Circle
Joseph Lubin, Founder of ConsenSys

And from UN, Chris Fabian, UNICEF and Houman Haddad, WFP.

Screenings:

Blockchain Symposium in NY on Sep 26, 2018

Date: Sep 26, 2018

Time: 12:00 – 18:30

Venue:

The Reactor lounge, the 4th floor,

Company (formerly Grand Central Tech),

335 Madison Avenue, New York, NY 10017

Map: https://goo.gl/maps/RT8BdQMJPA92

 

A year-long process of co-production of the book ‘Legal Aspects of Blockchain’ by the Netherland Blockchain Pilots and UNOPS has been now completing. The Netherlands Consulate, Blockchainpilots.nl and UNOPS would like to invite you to the Blockchain Symposium for the book launch on September 26, 2018 as below.

Many of authors of the book and experts in the thematic areas such as financial services, identity, and land registration from startups, academics and international organizations will be present to discuss the latest practices. Among others, speakers include; Ms. Yoka Brandt (Vice-minister of Foreign Affairs of The Netherlands), Ms. Grete Faremo (Executive Director / Under-Secretary General, UNOPS), Ms. Jelena Madir (Director, Chief Counsel, European Bank for Reconstruction and Development), Dr. Mariana Dahan (CEO, World Identity Network), Mr. Michael J. Casey (Senior Advisor, Digital Currency Initiative, MIT Media Lab). Please see attached for more details of the program.

ConsenSys and UNOPS’s first iteration of the interactive web-based mapping of blockchain on SDGs will be also presented.

You can also pick up your copy of the book at the venue of the symposium.

Since the capacity of the venue is limited, it would be grateful if you could fill the registration form for Sep 26 if you plan to attend it.

Agenda is available here.

Restart Week West, A Decentralized Community Event of Innovation and Support for the Redevelopment of Puerto Rico, Returns This May

Restart Week West, A Decentralized Community Event of Innovation and Support for the Redevelopment of Puerto Rico, Returns This May

 

Following the successful debut edition of Restart Week in San Juan, Puerto Rico this past March, the community-driven event has announced its second gathering which will take place from May 11-19 in Mayagüez on the western coast of Puerto Rico.

With their second event, Restart Week will officially collaborate with the Municipality of Mayagüez and the University of Puerto Rico at Mayagüez to ensure direct impact on the local and surrounding community. Similar to local impact events in San Juan, independent groups and event organizers are planning events with the local community for Restart Week West.

Impact From Restart Week San Juan:

  • Deploying caravans of volunteers around the island to help with relief efforts
  • 400 pounds of art supplies delivered to the Boys and Girls Club
  • Solar project completed for five houses
  • Pallets of food delivered to Island Corps
  • A monumental day of relief efforts that helped turn the lights on in the old San Juan Children’s Museum for the first time in four years
  • “Power to the People” benefit concert from Lottery.com that was attended by thousands of people with performance from Akon, Yandel, Lupe Fiasco, Raekwon, Ghostface Killah and more.

 

With this move, a more intimate Restart Week West will integrate students and innovators with focused events, mentorships, thought-leaders, and collaborations. While there will be additional activities in Rincón and Aguadilla, most of the events will take place in Mayagüez, the largest city on the Western side of the island with more than 13,000 college students and over 10 universities in the municipality.

Mayagüez is the center for technology innovation on the island with more computer science graduatesthan anywhere else in Puerto Rico, and the city ranks first for engineering, lawyers, accountants and professionals. Restart Week is working with several local startups, entrepreneurs, and companies, along with students and professors from the Entrepreneurship Network at the University of Puerto Rico at Mayagüez, to bring resources and connections to advance the innovation and growth on the Island.

The first Restart Week was a week-long series of community-driven events anchored by three major blockchain conferences and a benefit concert. The week brought together a community of locals, new residents, and passionate visitors participating in the mission to support the restart, redesign, rebuild Puerto Rico in the wake of Hurricane Maria.

The March edition brought in an estimated 2,500 attendees and over 3,000 participants that took part in D10e, Blockchain Unbound, and CoinAgenda, community organized events like Women in Blockchain, and local charity projects. To the delight of many local businesses, the first restart event led to all hotels from San Juan to Isla Verde selling out for the first time since Hurricane Maria.

Restart Week West will kick off with the EduBlock: Restart Week Hackathon from May 11-12, bringing data enthusiasts, innovators and students together to work on initiatives driving community empowerment and social impact. By doing this, Restart Week seeks to create real solutions to help the people of Puerto Rico. A key focus for Restart Week West will be specific inter-industry collaboration in areas such as energy, agriculture, healthcare, housing and education. There will also be complementary art and design activities and snacks for the children of Mayagüez, which will take place after school from May 11-18. More events can be found on the Restart Week website with more to be added soon.

Restart Week West is partnering with the Startup Societies Summit on May 8th-10th in Washington D.C, which will bring together a consortium of actors to rebuild Puerto Rico with sustainable startup cities. The consortium, headed by policymakers, blockchain entrepreneurs, resilient infrastructure experts and other leaders in innovation, will take steps to create communities for entrepreneurial collaboration.

The Official Media Partner for Restart Week West is The Confluence: A full-service, global media agency that delivers best-in-class publicity, branding and content strategy to many of the world’s most influential brands, launches and causes.

More information on Restart Week and several related initiatives will be announced in the upcoming weeks on the Restart Week website. Those interested in volunteering or submitting an event for Restart Week West as well as anyone that wants to join the Restart effort can do so on their official website.

STAY CONNECTED:
Website | Twitter

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Blockchain for Humanity – Global Challenge

This is a Global challenge at United Nations Unite Ideas. You can find a link to submission form at the bottom of this page.
BACKGROUND

The World Identity Network (WIN), the United Nations Office for Project Services (UNOPS), and the United Nations Office of Information and Communications Technology (UN-OICT) are partnering to launch a pilot initiative that will use the blockchain technology to help combat child trafficking in Moldova. A first in the world, this project is part of a broader effort titled “Blockchain For Humanity”, announced during the Blockchain Humanitarian Summit in New York, on November 10, 2017.

Still the poorest country in Europe, Moldova has been trying to stop child trafficking for decades. The Government of Moldova is an official partner in this Global Challenge, believing that this breakthrough technology can be leveraged beyond commercial applications, for the social good.

EXPECTED OUTCOME

The Global Challenge will result in a detailed concept and project design that could be further enhanced and used by the Government of Moldova for project implementation. However, the concept should be scalable and applicable to other contexts as well, including other countries around the world, where the prevalence of child trafficking is high.

RECOGNITION

The winner of the challenge will:

  • Be offered the opportunity to have an advisory role in the further development of the submitted solution.
  • Be featured at the United Nations Press, the Unite Ideas platform and more broadly in press and social media.
  • Be offered the opportunity to pitch the solution for potential investment from WIN and other interested organizations.

*Please note that the winner of the Global Challenge is not automatically guaranteed award of contract for project implementation, nor investment or grants from potential donors.

AUDIENCE

This challenge is open to the general public. Public, private, and academic organizations.

How can Blockchain Technology Be Used to Help Prevent Child Trafficking in Moldova?

The task is to propose a detailed project concept and functional design of the solution that would encompass the following sub-components:

ESTABLISHING A PERSONAL DIGITAL IDENTITY FOR CHILDREN

Undocumented children and minors can become an easy prey for human traffickers, who often use fake identification (ID) documents to transport them across borders. Once trafficked, these children and minors are sold to sex brothels, caught in modern slavery rings, and even used for the illegal human organ trade. Digital identity on the blockchain may offer a significantly higher chance of catching traffickers and securing data on an immutable ledger, further making any such trafficking attempts more traceable and preventable.
However, concerns over the privacy of the identity data stored should be identified and clarified, along with proposed ways of addressing them. The proposed solution should allow establishing a unique, secure, digital identity for children and minors aged 0-14 y/o (pilot size: approx. 350,000 children, with modalities of linking children’s personal identity to that of their family members.

SETTING UP A BLOCKCHAIN PLATFORM FOR THE INTEGRATED ID SYSTEM

Setting up a solution that would allow securing identity data on the blockchain, making an immutable record of the actual, or attempted exit with a minor without parents’ permission outside the borders of Moldova.

The integrated ID system may cover the total population (size: 3,500,000 people) or a subset of it, and the choice between these two options should be explained and justified. Issues such as “the right to be forgotten” and the self-sovereign control of data should also be addressed in the proposed solution.

AUTOMATING COMMUNICATION

Potential or actual victims of trafficking are often times isolated and lack support and help in critical circumstances. However, the traditional communication tools, such as direct contact with a social worker, for example, may not function in this context. Setting up a solution that would allow the use of artificial intelligence (AI) tools, for instance, could help recognize and detect patterns of behavior and automate communication with the victims.

EXPECTED DELIVERABLES

Your submission must include the following materials:

1. Detailed concept design and documentation describing the functionalities and explanation of the approach taken to solve the Challenge and the proposed solution.

2. Demonstration systems, prototypes, or videos illustrating the functionality described. (you must provide a link to the source code of any demonstration material you submit).

If you decide to submit a solution, you will do so by providing Internet links where your documentation, software, demos and any material will be stored, which shall be marked and accompanied by creative common and recognized open source software licenses, and shall be visible and accessible to the general public. You will be asked to accept the terms and conditions below:

SOLUTION TERMS AND CONDITIONS

When you submit a solution to this challenge you agree to license it as follows:
Documents, presentations, Infographics, databases and any other content are licensed under a Creative Commons Attribution 4.0 International license. Read the full text of the license here: https://creativecommons.org/licenses/by/4.0/legalcode

Software and hardware is licensed under a GNU General Public License Version 3 as published by the Free Software Foundation here: https://www.gnu.org/licenses/gpl.html or another license approved by the Open Source Initiative, see: https://opensource.org/licenses/alphabetical.

You represent and warrant that you have all necessary rights, licenses, and permissions to grant the above license and that the content submitted by you and the submission of such content, do not and will not violate any intellectual property rights (including but not limited to copyrights and trademark rights) of any third party.

CHALLENGE SPONSORING ORGANIZATIONS:

The Government of Moldova, UNOPS, UN-OICT, WIN.

CHALLENGE FOCAL POINTS:

Yoshiyuki Yamamoto, UNOPS
Jorge Martinez Navarrete, UN-OICT
Mariana Dahan, WIN
Mihail Beregoi, Government of Moldova

Post your preliminary idea today!

The last day for submissions is January 10, 2018

For any questions please contact us at : uniteideas@un.org

Making Blockchain Technology Work for Development: The Need for Data and Dialogue


24 JUL 2017


Cutting through the layers of hype surrounding blockchain technology is tough work. Underlying the buildup in excitement, however, is a remarkable tool that could, if designed and used appropriately, help improve processes related to several long-standing development challenges. In our new paper “Blockchain and Economic Development: Hype vs. Reality,” we examine the technology’s potential role in addressing four of those challenges:

  • making aid disbursement more secure and transparent;
  • facilitating faster and cheaper international payments;
  • providing a secure digital infrastructure for verifying identity; and
  • securing property rights.

We argue that, while blockchain-based solutions have the potential to increase efficiency and improve outcomes dramatically in some use cases and more marginally (if at all) in others, key constraints must be resolved before blockchain technology can meet its full potential in this space. Overcoming these constraints will require increased dialogue between the development and technology communities and a stronger commitment to collecting and sharing data about what’s working and what isn’t in pilot projects that use the technology. Read more.

The ULC’s model act for digital currency businesses has passed. Here’s why it’s good for Bitcoin.

The Uniform Law Commission has given states a clear path to approach this technology the right way.

The Uniform Law Commission, a private body of lawyers and legal academics from the several states, has just voted to finalize and approve a uniform model state law for the regulation of virtual currency businesses. This is great news for businesses, users, and developers of cryptocurrency and decentralized computing technologies. Read more.

Japan to Test Blockchain for Government Contract System

Japan is reportedly looking to integrate blockchain into its online systems for accepting government contract bids. 

According to Nikkei Asian Review, the Ministry of Internal Affairs and Communications, who oversees the Japanese administrative system and manages local governments, will test a blockchain-based system for processing government tenders in the fiscal year starting from this April through March 2018.

In the tendering process, governments solicit bids for contracts from vendors, collecting a swath of information from those companies as they assess whom they’ll award projects. Japanese officials want to see if blockchain can help improve the efficiency of existing processes by using the tech to connect the government offices that possess the required information. In this case, blockchain would form part of that back-end system for sharing data between agencies, if implemented.

Japans’s government procurement market amounts to more than $600bn annually – an amount worth 16.2% of the country’s GDP, and 38.3% of its total public-sector expenditures – according to research from the Organisation for Economic Co-operation and Development.

The focus on procurement forms part of a broader strategy to incorporate the tech in e-governemnt systems, according to Nikkei. Future plans are said to include sharing some of the findings of the trial with private-sector partners.

Japan isn’t alone in testing this use case area. As CoinDesk reported earlier this month, the US General Services Administration is seeking prototype proposals in a bid to see how blockchain could improve its contract review process for IT vendors.

Original: http://www.coindesk.com/japan-test-blockchain-government-contract-system/

The future of female tech leadership is thriving—in the United Arab Emirates