Blockchain / Column / Opinion

Three challenges facing blockchain technology

Posted On: Nov 8, 2018   |   Posted By: TechCrunch

Jonathan Johnson
Contributor
Jonathan Johnson is president of Medici Ventures .
Nearly five years ago, Overstock.com became the first major retailer to accept bitcoin as a form of payment. It now accepts many top cryptocurrencies. As a member of the senior executive team and board of directors at Overstock.com, I had a front-row seat to those decisions.
It didn't take long for the Overstock team to realize that bitcoin's underlying blockchain technology held great promise beyond cryptocurrencies. We also knew that for blockchain technology to reach its full potential, the startup companies advancing its use would need both financial and human capital support.
Overstock set up a venture capital blockchain incubator, Medici Ventures, to do just that.
We believe blockchain technology will eventually impact many industries. We are already involved in promising developments in areas like capital markets, money transmission and banking, voting, supply chain, property and self-sovereign identity. But there is still...

Continue reading ...

 








Hulu's cheapest plan will soon cost just $5.99 per month

Hulu's cheapest plan will soon cost just $5.99 per month

One week after Netflix announced its biggest price hike yet, Hulu has today revealed its own plans to modify its pricing structure. But unlike its rival, not everything is... Read more ...

Far Cry New Dawn initial review: A post apocalyptic shooter that isn't grimy

Far Cry New Dawn initial review: A post apocalyptic shooter that isn't grimy

Far Cry New Dawn took us by surprise when it was announced at the end of 2018. We thoroughly enjoyed Far Cry 5 and looked forward to a return to Hope County at some point, but... Read more ...

Is the Xbox One Kinect still worth buying in 2019?

Is the Xbox One Kinect still worth buying in 2019?

Best answer: No way, no how. Kinect is a dead accessory, with canceled support by Microsoft. A second hand unit will still function for the small library of available games and... Read more ...

Microsoft fights fake news with NewsGuard integration in its mobile Edge browser

Microsoft fights fake news with NewsGuard integration in its mobile Edge browser

In a bid to fight fake news read while on your phone, Microsoft's mobile Edge browser on Android and iOS now includes the NewsGuard extension. The addition, noted by The... Read more ...

A ‘Farming Simulator 19' esports league will crown Europe's best virtual farmer

A ‘Farming Simulator 19' esports league will crown Europe's best virtual farmer

Giants Software is turning Farming Simulator 19 into a full-fledged esports league, with 10 separate European tournaments being held before crowning the ultimate team of... Read more ...

PUBG's Vikendi Snow Map Now Available On PS4 And Xbox One In New Update

PUBG's Vikendi Snow Map Now Available On PS4 And Xbox One In New Update

Follow its launch on PC and mobile last month, PlayerUnknown's Battlegrounds ' newest map, Vikendi , has now arrived on consoles. PUBG Corp. has released a new update for the... Read more ...

Adobe just bought in big on gaming

Adobe just bought in big on gaming

This morning Adobe acquired Allegorithmic, the makers of the application family called Substance. With this buy, Adobe just became a big name in 3D textures and material... Read more ...

These accessories complete your Chromebook perfectly

These accessories complete your Chromebook perfectly

Your Chromebook is a productivity machine, and to keep productive, sometimes you need more than just the laptop itself. These accessories will help you maximize the experience... Read more ...

Nintendo Is Holding Open Tournaments For Super Smash Bros. Ultimate And Splatoon

Nintendo Is Holding Open Tournaments For Super Smash Bros. Ultimate And Splatoon

Nintendo is kicking off 2019 with major tournaments in both Super Smash Bros. Ultimate and Splatoon 2 and, whether you're a beginner or a pro, everyone is invited to get in on... Read more ...

Amazon has made its own autonomous six-wheeled delivery robot

Amazon has made its own autonomous six-wheeled delivery robot

Amazon is entering the robot delivery game with an electric hamper on wheels it's calling the Amazon Scout. The e-commerce giant is the latest company to try its hand at this... Read more ...