Peer-to-Peer Bitcoin Exchange Hodl Hodl Implements Multisignature Contracts

One of the oldest mantras in Bitcoin trading is: “never leave your coins on the exchange.” This wisdom is borne of the experience of Mt. Gox traders who lost many millions of dollars in Bitcoin over four years ago. Yet, better than never leaving your coins on an exchange is never placing them in the The post Peer-to-Peer Bitcoin Exchange Hodl Hodl Implements Multisignature Contracts appeared first on CCN

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China: World’s Third-Largest Bank Issues Farmland Mortgage Loan on a Blockchain

In a significant breakthrough to deepen the reform of mortgage loans, the Agricultural Bank of China (ABC) revealed that it has issued a farmland loan worth $300,000 on the blockchain in a trial. The bank, as reported by a local news source, used a segment of agriculture land as collateral to issue the mortgage loan in The post China: World’s Third-Largest Bank Issues Farmland Mortgage Loan on a Blockchain appeared first on CCN

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Ethereum Smart Contracts only Good in ‘Kangaroo Courts’: NYU Prof. Nouriel Roubini

New York University (NYU) professor Nouriel Roubini is famous for his bearish economic prognostications, but in the cryptocurrency community “Dr. Doom” is better known for his utter disdain for all things blockchain — and the colorful manner in which he elucidates this distaste. In this latest episode, Roubini turned his attention to smart contracts, which The post Ethereum Smart Contracts only Good in ‘Kangaroo Courts’: NYU Prof. Nouriel Roubini appeared first on CCN

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