The Intrepid Report Issue #71
Here’s what’s in store for you this week: Did JP Morgan really launch a cryptocurrency? Coinbase users get new feature to protect their digital assets. We’ve got thoughts from the Blockchain Review on supply chain management, as well as insights on synergies between blockchain and the Internet of Things (IoT), and more. Check it out below!
JPMorgan is Launching Its Own Cryptocurrency
Cryptocurrency was supposed to replace banks in the long run, but JPMorgan Chase has just proposed to launch its own digital coin. It’s one of the few banks to consider launching cryptocurrency, and the initiative may be surprising given that CEO Jamie Dimon has said he doesn’t “really give a shit” about bitcoin. Here’s how the coin is supposed to work.
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Coinbase Wallet Users Can Back Up Encrypted Keys on Google Drive and iCloud
Users of Coinbase Wallet can now back up their private keys on Google Drive or iCloud. This new feature provides a safeguard against lost keys, and will help users avoid losing funds should the keys be misplaced. How safe is this method? Find out more here.
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Indonesian Regulator Accepts Bitcoin as Tradeable Commodity
Indonesian regulators have finally ended the legal uncertainty surrounding the cryptocurrency market by passing legislation that officially recognizes Bitcoin (BTC) and other cryptocurrencies as tradable commodities. Read on for the implications of this move on mass adoption and crypto exchanges.
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Driving Business Value Through Supply Chain Management
Over the last decade, changes in consumer expectations, increased complexities in global supply chains and rising compliance burdens have now made transparency, traceability, accountability and efficiency more critical than ever before. How does blockchain drive business value for stakeholders along the supply chain?
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JP Morgan’s New Digital ‘Coin’ is Not a Cryptocurrency, or Even a Stablecoin
Say what? If you are looking for cryptocurrency, you might have more luck looking at Bitcoin and Ethereum instead. The new digital “coin” not really a cryptocurrency, and it’s not quite a stablecoin either. But it does use a blockchain. Here’s what this “coin” is all about.
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On Blockchain and the Internet of Things (IoT)
IoT is the stuff of science fiction, but it is also a quickly approaching phenomenon. However, its inherent security flaws make it a tremendous risk for widespread implementation. Blockchain tech could alleviate some of those concerns and, in addition, add a range of other features to IoT networks. Here are some ways blockchain and IoT make a natural pair in a tech stack.
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Want to learn more about blockchain? Check out our new micro-site How Does the Blockchain Work, a clear and non-technical guide on how blockchain, Bitcoin, and Ethereum works, and more. Check it out.
Interested in learning from leading entrepreneurs in the blockchain world? Check out our Founders in Focus interview series on YouTube. A show where we uncover the personal stories and journeys of founders and innovators from the crypto sphere.5
Originally published at blockchainreview.io.
