Posts Tagged ‘efficient’

16
Oct

Bitcoin: Beyond Mere Money

by adminadam in videos

Bitcoin has many other uses besides just as a currency…

It is a transparent and efficient payment network:

  • Nearly fraud-proof; miners compete to verify transactions.
  • Consensus-based peer-to-peer network prevents the double-spending of coins.
  • All nodes/miners in the network maintain a copy of the open transaction ledger, the Blockchain.

Bitcoins, Millibits, and Satoshi’s are programmable:

  • Coins can used as tokens for any number of physical goods: one barrel of oil, one vote, a share in a company, one kilowatt-hour, the sky is the limit.
  • Coins can be used to record important information for eternity: digital copies of birth/death/marriage certificates, artistic licenses, proof of the existence of almost any document imaginable.

Payments and transactions can be automated, allowing for human-machine and machine-machine interactions:

  • Drones can do automatic identification of users/clients through the Blockchain to deliver packages.
  • Vending machines can do their own inventory tracking and ordering, and even make payments to suppliers.
  • Companies and organizations can programmatically distribute budgets to different departments according to established contracts or constitutions.
2
Mar

3D Printing & Hope for the Future

by adminadam in videos

The gentleman in this here TED Talk leads with the astonishing and shocking statistic of the global dearth of adequate shelter: Over 1 Billion of us live in ramshackle, unsafe, and inadequate housing. Shelter is a fundamental need and construction is currently a costly, dirty, inefficient, and corruption-prone enterprise. Enter the new age of 3D-printed housing. Cheap, sturdy, adaptable, and fast!