Currently viewing the tag: "blockchain"

Do you own your virtual property?

On November 3, 2018 By erpeterson

In 2005, Chinese gamer Qiu Chengwei was sentenced to life in prison for murdering his competitor Zhu Caoyuan. A dispute arose between the two over a virtual sword used in the online video game Legend of Mir 3. After investing significant time and resources to obtain the virtual sword, Qiu lent it to Zhu. [...]

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The technology underlying bitcoin and many other cryptocurrencies—the blockchain—can be useful for any activity needing transaction verification or a trusted repository of information. Blockchain technology is particularly advantageous as it allows unfamiliar parties to interact with each other quickly and securely without high legal and transactional costs or the need to trust a central [...]

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Augur’s core developer, Joey Krug, said he joined the project because Augur could disrupt fields “ripe for disrupting.” He listed corporate governance, governments, healthcare, and the financial industry. So what is Augur and how is it poised to disrupt areas that intersect with the law?

Augur is a decentralized prediction market that anyone [...]

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