Lifeboat Foundation

Quoted: “If you understand the core innovations around the blockchain idea, you’ll realize that the technology concept behind it is similar to that of a database, except that the way you interact with that database is very different.

The blockchain concept represents a paradigm shift in how software engineers will write software applications in the future, and it is one of the key concepts behind the Bitcoin revolution that need to be well understood. In this post, I’d like to explain 5 of these concepts, and how they interrelate to one another in the context of this new computing paradigm that is unravelling in front of us. They are: the blockchain, decentralized consensus, trusted computing, smart contracts and proof of work / stake. This computing paradigm is important, because it is a catalyst for the creation of decentralized applications, a next-step evolution from distributed computing architectural constructs.

Read the article here > http://startupmanagement.org/2014/12/27/the-blockchain-is-th…verything/

Quoted: “Ethereum will also be a decentralised exchange system, but with one big distinction. While Bitcoin allows transactions, Ethereum aims to offer a system by which arbitrary messages can be passed to the blockchain. More to the point, these messages can contain code, written in a Turing-complete scripting language native to Ethereum. In simple terms, Ethereum claims to allow users to write entire programs and have the blockchain execute them on the creator’s behalf. Crucially, Turing-completeness means that in theory any program that could be made to run on a computer should run in Ethereum.” And, quoted: “As a more concrete use-case, Ethereum could be utilised to create smart contracts, pieces of code that once deployed become autonomous agents in their own right, executing pre-programmed instructions. An example could be escrow services, which automatically release funds to a seller once a buyer verifies that they have received the agreed products.”

Read Part One of this Series here » Ethereum — Bitcoin 2.0? And, What Is Ethereum.

Read Part Two of this Series here » Ethereum — Opportunities and Challenges.

Read Part Three of this Series here » Ethereum — A Summary.

Quoted: “Bitcoin technology offers a fundamentally different approach to vote collection with its decentralized and automated secure protocol. It solves the problems of both paper ballot and electronic voting machines, enabling a cost effective, efficient, open system that is easily audited by both individual voters and the entire community. Bitcoin technology can enable a system where every voter can verify that their vote was counted, see votes for different candidates/issues cast in real time, and be sure that there is no fraud or manipulation by election workers.”

Read the article here » http://www.entrepreneur.com/article/239809?hootPostID=ba473f…aacc8412c7

Quoted: “The Factom team suggested that its proposal could be leveraged to execute some of the crypto 2.0 functionalities that are beginning to take shape on the market today. These include creating trustless audit chains, property title chains, record keeping for sensitive personal, medical and corporate materials, and public accountability mechanisms.

During the AMA, the Factom president was asked how the technology could be leveraged to shape the average person’s daily life.”

Kirby responded:

“Factom creates permanent records that can’t be changed later. In a Factom world, there’s no more robo-signing scandals. In a Factom world, there are no more missing voting records. In a Factom world, you know where every dollar of government money was spent. Basically, the whole world is made up of record keeping and, as a consumer, you’re at the mercy of the fragmented systems that run these records.”

Continue reading “BitCoin, Cryptocurrency, and Blockchain Technology — FACTOM” »

Preamble: Bitcoin 1.0 is currency — the deployment of cryptocurrencies in applications related to cash such as currency transfer, remittance, and digital payment systems. Bitcoin 2.0 is contracts — the whole slate of economic, market, and financial applications using the blockchain that are more extensive than simple cash transactions like stocks, bonds, futures, loans, mortgages, titles, smart property, and smart contracts

Bitcoin 3.0 is blockchain applications beyond currency, finance, and markets, particularly in the areas of government, health, science, literacy, culture, and art.

Read the article here » http://ieet.org/index.php/IEET/more/swan20141110

The White Swan’s Beyond Eureka and Sputnik Moments: How To Fundamentally Cope With Corporate Litmus Tests and With The Permanent Impact of the Dramatic Highly Improbable And Succeed and Prevail Through Transformative and Integrative Risk Management! [TREATISE EXCERPT]. By © Copyright 2013, 2014 Mr. Andres Agostini — All Rights Reserved Worldwide — « www.linkedin.com/in/andresagostini AND www.AMAZON.com/author/agostini » — The Lifeboat Foundation Global Chief Consulting Officer and Partner, Lifeboat Foundation Worldwide Ambassador —

(An Independent, Solemn, Most-Thorough and Copyrighted Answer. Independence, solemnity, thoroughness, completeness, detail, granularity of details, accuracy and rigor, hereunder, will be then redefined by several orders of nonlinear magnitude and without a fail).

[TREATISE EXCERPT].

To Nora, my mother, who rendered me with the definitiveness to seek the thoughts and seek the forethoughts to outsmart any impending demand and other developments. To Francisco, my father: No one who has taught me better. There is no one I regard most highly. It is my greatest fortune to be his son. He endowed me with the Agostini family’s charter, “…Study and, when grown up, you will neither be the tyrants’ toy, nor the passions’ servile slave…” I never enjoyed a “…Mom…”, but considerably enjoyed a gargantuan courageous Mother, Father, Grandparents and Forbears.

Continue reading “The White Swan's Beyond Eureka and Sputnik Moments! [TREATISE EXCERPT] By Mr. Andres Agostini at www.AMAZON.com/author/agostini” »

FEBRUARY 08/2014 LIST OF UPDATES. By Mr. Andres Agostini at The Future of Scientific Management, Today! At http://lnkd.in/bYP2nDC

MITRE-Harvard nanocomputer may point the way to future computer miniaturization
http://www.kurzweilai.net/mitre-harvard-nanocomputer-may-poi…turization

New form of graphene allows electrons to behave like photons
http://www.kurzweilai.net/new-form-of-graphene-allows-electr…ke-photons

The first flexible, transparent, and conductive material
http://www.kurzweilai.net/the-first-flexible-transparent-and-conductive-material

Adidas Says Under Armour Infringed Its Wearable-Tech Patents
http://www.businessweek.com/articles/2014-02-05/adid…ch-patents

Continue reading “The Future of Scientific Management, Today!” »

FEBRUARY 07/2014 LIST OF UPDATES. By Mr. Andres Agostini at The Future of Scientific Management, Today! At http://lnkd.in/bYP2nDC

The Ryno Microcycle is a Sci-Fi Inspired Single Wheeler
http://www.engineering.com/DesignerEdge/DesignerEdgeArticles…eeler.aspx

Rigged rules mean economic growth increasingly “winner takes all” for rich elites all over world
http://www.oxfam.org/en/pressroom/pressrelease/2014-01&#…ich-elites

Economist Debates: Democracy economist.com
http://www.economist.com/debate/overview/196

Behavioral Economics Gives The Advertising Industry A Nudge In The Right Direction
http://www.forbes.com/sites/johnowrid/2014/02/05/behavioural…direction/

Continue reading “The Future of Scientific Management, Today!” »

FEBRUARY 06/2014 UPDATES [LIST]. By Mr. Andres Agostini at The Future of Scientific Management, Today! At http://lnkd.in/bYP2nDC

Faraway Planets May Be Far Better for Life http://www.scientificamerican.com/podcast/episode/superhabitable-planets/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+sciam/space+%28Topic:+Space%29

Six Trends That Will Shape Consumer Behavior This Year http://www.forbes.com/sites/onmarketing/2014/02/04/six-trend…this-year/

Continue reading “The Future of Scientific Management, Today!” »