Was it just last year that Bitcoin prices were soaring at $17,000? Unexpected overnight millionaires such as the pizza deliverer began to popup. Some thought it was a bubble and stayed away or sold. Some were “HODLers” and the least fortunate bought on the up. As we come close to 2019, the value has plummeted to a mere $3,200 (give or take). So what does this mean for the future of crypto currency in general? Is it still the wave of the future or just a temporary trend?

I can’t say if I think Bitcoin will last, or it will…


Data is a cornerstone of our society today. Economies are thriving based off of data driven insights and the future of our world is moving in the direction of a data powered economy. One of the main reasons data has gained so much power, is that companies can now gather detailed information directly from individuals in real time.

Here are 6 ways companies are thriving and we predict will continue to thrive using data.

1- Making data sharing fun by turning it into a game.

Companies that make it a fun game to motivate individuals to share their data have…


As blockchain becomes more and more well-known, new startups are popping up all around that are based on blockchain. Older startups as well as established corporations are now looking to bring in a blockchain solution. But when is this really necessary and what blockchain companies are succeeding and which ones are not? When is blockchain really fulfilling a need versus jumping on a trend?

Huge corporations that can spend significant money to install, fix, edit, and improve upon, who won’t be harmed if that money is lost, are obviously at a huge advantage to succeed in the blockchain space. Walmart…


Data driven insights are one of the most powerful driving forces of the economy today. Every single business from indie mom and pop to huge billion dollar companies such as Amazon depend on data to reach the correct consumer and keep these consumers engaged.

Companies that depend on gathering data such as Facebook and Google are some of the most profitable and most powerful propellers of our economy. According to Investodpedia, Statista.com reports that Facebook had around 230 million users in America in January 2018. Multiplying the number of American users to the earlier calculated data value that was in…


In 2014 the FEC in the United States approved bitcoin as an “in-kind” donation for political campaigns, which falls into the same category as non-cash items. How will this play out in the short-term as in the United States people are becoming more politically involved than ever, planning to vote in midterms, protesting, and fighting for everything from women’s basic rights, to reuniting young children with their parents. How will this affect elections? What changes and what issues arise?

Startup Bitpay which is “bitcoin for political donations”, is one of the first startups to position itself for this purpose. So…


How damaging is the crypto/blockchain revolution to our environment? Is having a crytpo based economy sustainable?

The amount of energy needed to mine bitcoin, or any cryptocurrency for that matter is astronomical. No one knows exactly how much energy is actually consumed globally mining bitcoin. One study stated that bitcoin mining uses as much electricity annually as Ireland.

According to The Greener Ideal, “Since the algorithm behind Bitcoin actually makes it harder to mine as time goes on, one researcher said in 2016 that Bitcoin mining could one day “lead to a continuous electricity consumption that lies between the output…


https://altcointoday.com/spending-bitcoin-russia-part-two-bitcoin-village-buying-raketa/

With the rise and hype of blockchain and crypto, one of the most interesting things has been the popping up of small blockchain and crypto communities. Whether these villages are a glimpse into the future or will always be off the grid small societies, remains to be seen. They can, at this point, definitely be thought of as MVPs and case studies.

Dubai is already ahead of the curve in terms of tech with flying taxi drones replacing ground taxis and Smart Seats which are benches with free WiFi and charging points are currently placed outside police stations. Sticking with…


In an ideal world, elections are the epitome of fairness with each person having an equal opportunity to have a voice in the choice of their government leaders. It should be a system where the elected official that the majority of the people choose, ends up leading, and where people trust that the outcome was not marred by fraud, overseas hacking, or suppression.

If we can think of this ideal electoral fairness as a work in progress, it is an inspiring time now as there is a lot of motivation worldwide. For example, in the US, more women and young…


Follow all of impact chain lab stories on medium.

It is no revelation that the random luck of where someone is born and what family they are born into is a key determining factor of how likely they are to thrive and succeed. Even if a person is born with an innate intelligence and curiosity as well as a strong work ethic, there is no denying they need to nurture those qualities and have actual opportunities to grow their talents and interests. In my opinion, we are all at a disadvantage when circumstances needed to accomplish and succeed are so…


The fine line between good and evil in blockchain technology.

Cryptocurrency and blockchain technology has the potential of changing the world the way the internet did in the early 2000’s. It is on the brink of disrupting multiple industries from the gig economy, to how we store data, to how we bank, to our very definition of currency and value itself. As with anything revolutionary it has the capacity to transform in both wonderful as well as harmful ways. So what are those ways and how do we balance the benefits with the risk?

Banking can be cost prohibitive for the lowest income group.

One transformation is the decentralization of…

Impact Chain Lab

Blockchain Innovation Lab creating product solutions to build more equitable communities. #globaldev #socialimpact #blockchain #poweringchange

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