Article: Legalization of Cryptocurrency will Kickstart Economic Development in Latin America

Crypto, Governance, Innovation, Money

Legalization of Cryptocurrency will Kickstart Economic Development in Latin America

The popularity of cryptocurrencies around the globe has forced governments to reconsider their initial stances on cryptocurrency acceptance within their specific borders.

In June 2021, El Salvador became the first country in the world to approve Bitcoin as a legal tender. Other Latin American governments including Paraguay, Panama, Brazil, and Mexico, have expressed similar interests in supporting cryptocurrencies as legal tender.

Cryptocurrencies act as a uniquely safe economic instrument in a region plagued by government corruption, interference, and low productivity. In this respect, the adoption of cryptocurrencies as legal tender serves to guarantee some semblance of economic stability for countries in Latin America, allowing for a true launch of economic development initiatives into the digital age.

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Article: How Cryptocurrencies Can Reduce Poverty in Developing Countries

Civil Society, Crypto, Money

How Cryptocurrencies Can Reduce Poverty in Developing Countries

Cryptocurrencies have proven to be the most secure, transparent, and adequate financial tool realized in the modern age. It eliminates significant challenges presented by local currencies and, as a result, continues to improve the global economy.

Developing countries share one common challenge, and that is fraud. With the aid of digital currencies, trust and security for financial investments get restored, and in the long run, the global economy develops. As proven from this article, using cryptocurrencies in developing countries is very advantageous in boosting their economy.

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Article: Open Access Fiber to Improve U.S. Internet Connectivity

Dark Fiber, Hardware, Open Source

Open Access Fiber to Improve U.S. Internet Connectivity

With Democratic control of the House, Senate, and White House and widespread support for an infrastructure bill, the United States has a narrow opportunity to catch up to the rest of the world on last-mile fiber deployment. Assuming that the Accessible, Affordable Internet for All Act will be the basis for any legislation included in the infrastructure bill, the act should be revised with open access infrastructure (including open conduit and dark fiber that are subject to government oversight) as its central tenet.

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Article: Blockchain and Distributed Web: Why You Should Care

Blockchain, Decentralized Internet

Blockchain and Distributed Web: Why You Should Care

In this first session, we sat down with CoLab’s Joe Gerber and Gavin McDermott to talk about the distributed web and blockchains and why it’s important to experiment with these emerging technologies. Many people conflate blockchain technology and bitcoin, but as Joe and Gavin discussed, bitcoin is a digital currency and one small piece of a larger movement powered by blockchain technology and the distributed web. In this post, we’ll break down why, as Joe and Gavin say, the web is being rewritten from the inside out.

Joe and Gavin boiled down their thinking for why blockchain technology and the distributed web are so game-changing to three core principles:

  • People now have permission by default
  • Data flowing freely
  • New types of coordination

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Article: How Global Forest Watch uses open source to fight deforestation

Innovation, Open Source, Software

How Global Forest Watch uses open source to fight deforestation

“We are highly dependent on the open source frameworks and libraries developed by the community,” Global Forest Watch Engineering Lead Thomas Maschler says. “There is so much innovation coming out of open source software. We tend to be on the early adopter side when it comes to tools and frameworks and we wouldn’t be able to move at the same speed if we would work with proprietary software.”

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Article: Myanmar Protesters Turn to Obscure Apps to Avoid Detection

Autonomous Internet, Cyber-Security, Decentralized Internet

Downloads of Tor, an open-source network that thoroughly anonymizes data, surged, too.

Myanmar citizens also embraced lesser-known software like Bridgefy, which bypasses the internet altogether by using Bluetooth to wirelessly send messages to other users of the app within a certain range. Another tool that was widely shared: Mysterium Network, which says it offers the privacy of Tor with the speed of a traditional VPN.

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Article: What is bitcoin? Why the digital currency became popular

Crypto

What is bitcoin? Why the digital currency became popularWhat is bitcoin? Why the digital currency became popular

BITCOIN ($ BTC) had its origin as open source software (Open Source), presented by “Satoshi Nakamoto”, alias of a programmer or group of programmers whose motivation for its development was the economic crisis of 2008 – 2009, specifically the decision to print money for the rescue of banks after the credit and stock market crisis of the real estate bubble.

Bitcoin is known as the first cryptocurrency of the more than 2,000 that exist today, independent of any government authority (decentralization), its production is completely digital, subject to an issuance limited to 21 million Bitcoins .

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Article: Crop-Trading Blockchain Startup Pilots Token for Grain Deals

Blockchain

Crop-Trading Blockchain Startup Pilots Token for Grain DealsCrop-Trading Blockchain Startup Pilots Token for Grain Deals

Blockchain startups have mushroomed in agriculture markets as companies seek to cut costs and boost efficiency. The technology also offers greater transparency in supply chains as consumers become more interested in where their food comes from. Crop giants including Bunge Ltd., Cargill Inc. and Viterra have teamed up to start their own ledger system Covantis SA.

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