Our partners at The Startup Societies Foundation and Institute for Competitive Governance are proud to launch the Ulex crowdfunding campaign. We, at DecentraNet, fully support this fantastic project. Here’s why.
What is Ulex? It’s an open-source legal system.
Ulex allows those who use it to quickly and efficiently resolve disputes by having two parties both select a judge, who in turn chooses a third. Ulex draws on the American Law Institute’s restatements of the common law and other known equitable doctrines. The problems of exorbitant court fees, summons, government bureaucracy and inefficiency of the court system all around the world can be traversed.
What problems does Ulex aim to solve?
Currently, organizations and individuals are dependent upon the legacy legal system. Accomplishing even simple goals has significant obstacles when faced with bureaucracy bottlenecks, poor policy and obstructive legal personnel. Such delays and blockades stop many entrepreneurs, communities and families from functioning in a healthy way. In an increasingly global and interconnected world, the laws and courts of yesteryear simply no longer function as they should.
Just as Visa and other private payment processors connect into commercial relations people who otherwise wouldn’t be able to trade, Ulex makes clear the law that will govern the relations between persons anywhere in the world. Both human and computer readable rules will be provided so that users of all stripes can use Ulex to handle their disputes: from sales contracts to torts and divorce law. Smart contract and escrow solutions may be used as needed, but having a private law that anybody can refer to is a world above current international business.
Ulex believes in making it easier and more efficient to resolve disputes, and that properly aligning incentives and assuring trust between parties are keys to successful projects — attributes enabled by Ulex. Ulex has the potential to change the way people do business, marry, resolve property disputes and much else.
The crowdfund is an opportunity to get involved in future solutions. Creating an open-source solution which will be available to all (much like Linux) is not free. Codifying the restatements of the common law in computer-readable language is the task of the Ulex development community, who will be compensated with bounties upon solving specific tasks. To this end, the Ulex Crowdfunding campaign is underway — to ensure access to justice to a world yearning for it.
Real Life Applications
The Ulex team has gone into detail on the applicability in various environments, from Silicon Valley startups to open-air markets in Lesotho. Suffice it to say that Ulex is solving a problem of access to justice, which is being underserved worldwide. After all, are you satisfied with that time you used the court system, or even private arbitration?
The best way to solve a legal dispute is never to have it. Ulex functions in a way that promotes negotiation and cooperation rather than adjudication, as the loser will always have to pay the legal costs. This makes private solutions and stopping a dispute before it even happens the wisest course for people and organisations running Ulex — and a network effect can only amplify the power this bears.
The result can be a web of open collaboration where trust is less necessary: less friction, lower costs and faster solutions allow for greater agility in all walks of life.
White Paper and Technical Documents
The crowdfunding page (cryptocurrencies accepted)
Austin, TX, September 11, 2018 /PRNewswire/ — Decentranet has announced that its Co-Founder and Chief Decentralization Officer, Matthew McKibbin, will present at Block Seoul, a global technology summit for investors and innovators hosted in Seoul, South Korea. The September 16th-September 19th event will feature over 40 thought leaders and innovators, including Jimmy Wales, Founder of Wikipedia, General Michael Hayden, Former Director of CIA and the NSA, and Lt. General James Clapper, Former Director of U.S. National Intelligence.
On September 18th, Matt will be joined on stage by Jane Lippencott, Sangjin Hong, Frank Yu, and Sungku Kim. The panel, Can Startup Accelerators Take a Business to the Next Level, takes place from 11:40 a.m. – 12:20 p.m. local time. On September 19th, the 2:20 p.m. – 1:00 p.m. panel, Centralised vs. Decentralised Cryptocurrency Exchanges, will feature Matt alongside Bobby Lee and Timothy Tam.
“Seoul is a global leader in blockchain development, investment and innovation. I’m honored to be involved in an event which aims to gather high-caliber thought-leaders, technologists, and individuals at the forefront of decentralizing the world as we know it,” said Matt McKibbin.
Aside from stellar content, performers like violinist Christen Lien and pyro artist Shin Masta deliver mesmerizing performances to open minds. 3-star Michelin rated chef Yannick Alleno and other culinary experts create delectable meals, and handpicked mixologists produce cocktails, all designed to tantalize. The 5-star Sheraton Seoul Palace Gangnam Hotel provides a shuttle, so attendees are a short 10 minutes away from resting their heads in luxury, for just $155 a night.
We are looking for a freelance copywriter to work remotely for our blockchain advisory firm. We’re seeking a candidate with 1-2 years of professional, non-academic experience, who understands how to create quality content and has a strong familiarity with online marketing and SEO strategies. The candidate would also need to be responsible, self-motivated, and well-organized. Self-starters and team players with a natural love of the written word, looking to add value to our brand story and development are ideal candidates.
- Write clear, concise, and conversational copy for our company newsletter and blog.
- Create professional press releases announcing company updates concerning new partners, advisors, and events.
- Ensure tone and style, across all mediums.
- Creation of marketing copy such as blog post, social posts, web copy, emails, and other marketing materials as needed.
- Work with stakeholders and reviewers to keep the brand voice consistent.
- Use effective marketing strategies to broadcast materials throughout social media profiles and emailing campaign platforms to ensure maximum distribution.
- Interest in the blockchain ecosystem and emerging technologies.
- Ability to understand developments and trends for DecentraNet’s advisory clients.
- A minimum of 1 year writing copy for brands in an in-house creative department and/or agency role.
- Experience in Journalism and editorial writing is a plus.
- You know what makes a killer headline and have a knack for both writing and editing.
- Ability to move quickly, test the copy you create, and iterate to find the perfect performance-based solution.
- Excellent English writing and editing skills.
- You take initiative, keep organized, and can handle multiple projects at once.
- Strong problem-solving skills, ability to thrive in a fast-paced environment, and close attention to detail.
Working at DecentraNet
We’re a remote team of made up of seven people scattered around the globe. Everyone works from a location of their choosing. We meet once per quarter to strategize and strengthen our relationships. We care deeply about the blockchain industry, our clients, and our community. Our organizational structure does away with strict hierarchy. We believe in working with a high degree of autonomy while supporting the team’s priorities.
Interested parties should contact Tiffany Madison at firstname.lastname@example.org with a cover letter and resume.
The Decentranet team is proud to support the launch of the public DAOstack token sale. We believe in making it easier and more efficient to deploy projects on the blockchain, and that properly aligning incentives and bringing community involvement are keys to successful projects—attributes enables by the DAOstack platform. DAOstack has the potential to change the way people embark on start-ups, manage communities, and grow organizations by allowing participants to collectively own and manage their projects.
TOKEN ALLOCATION AND TIMELINE
Main sale starts: May 8, 2018 at 4:00am GMT
Main sale ends: When overall cap is reached *or* 30 days, whichever is sooner
Minimum send amount: 0.5 ETH
Maximum send amount: none
DAOstack is a comprehensive toolkit that provides the governance and economic framework needed for collectives to self-organize around shared goals and interests without being forced to cede control to a CEO or chairman of the board. While using the platform an organization’s voting procedures, governance rules, community guidelines, transactions, and communications are transparent. This solves a significant problem facing decentralized and blockchain-based organizations: the ability to leverage resources to scale.
Currently, organizations are dependent upon various factors to effectively organize. Accomplishing even simple goals can face significant obstacles such as mistrust between members, disparate geographical locations, bureaucracy bottlenecks, and local government rules. By creating challenges for these members to accomplish beneficial objectives for the organization, development and growth often fails to reach its full potential. In an increasingly global and interconnected world, DAOstack proposes to change these rules.
Currently, organizations must grapple with a variety of factors to effectively organize. Accomplishing even simple goals can seem daunting because of significant obstacles such as mistrust between members, disparate geographical locations, bureaucracy bottlenecks, and local government rules. These challenges prevent the achievement of objectives for the organization and growth often fails to reach its full potential. In an increasingly global and interconnected world, DAOstack proposes to change these rules.
When organized within DAOstack, a company, project, or organization’s members and leaders have the ability to change how they organize and manage their communities to achieve common goals. For instance, if you had a project organized on DAOstack that wanted to engage in community service, you would put up a proposal to the community. They would vote on that idea and the proposal. If approved, members could then vote to send community resources to those proposing the action — to get the job done. Proof and evidence of completion are provided to the voters and funds are released. The reputation of the participants can be improved based on adhering to community guidelines.
REAL WORLD APPLICATIONS
For startups, particularly of a decentralized nature, DAOstack solves a significant organizational problem. If an organization needs more developers for a project, a member of the community, whether a leadership team, department or individual, makes the proposal to the community. The community can then vote on the proposal and allocate tokens from the budget to pay for the services.
The developers are then approved by the community, complete the work, and return with results to the voters. The community could then vote to approve the acceptance of the products delivered and release the token funds as agreed upon. The developers reputation can be maintained by delivering on projects as they agreed to the community (which voted for the work to do be done and payment to be disbursed). This allows for organizations from around the world to organize and empower one another.
Essentially, people don’t have to trust each other; they can trust in the DAO tools. They can have reputational trust maintained by adherence to community guidelines. The rules and guidelines are chosen by the community rather than a top-down or central authority. Bad actors that break these rules can have their privileges revoked. Best of all, members don’t need to be physically present to participate.
Numerous studies explain the various challenges of coordinating large groups. These include motivation cost (aka “social loafing”), relational loss (you feel less connected), and coordination cost (keeping three people up to speed is a lot cheaper than keeping 3,000 people up to speed).
DAO platforms promise to reduce these costs by enabling the coordination of ever more complex activities among participants. In so doing, they could erode the competitive advantage of a traditional, hierarchical, centralized organization.
DAO platforms promise to reduce these costs by enabling the coordination of ever more complex activities among participants. In so doing, they could erode the competitive advantage of a traditional, hierarchical, centralized organization. – VentureBeat
The result is a new web of open collaboration, in which collectives can self-organize around shared goals and values, not limited by pure economic growth, with less friction, lower costs, and greater agility. As VentureBeat said, “Bitcoin markets are fun to watch, but it’s the new business models — and even societal models — that crypto enables that will be the real disruption. With a team bringing proven track records in blockchain technology and entrepreneurship, we believe the DAOstack technology can be a critical step in the evolution of society as we move toward a more cooperative and sustainable future.
To read more about DAOstack, check out their introduction video (EMBED): https://youtu.be/25wtmzBG1Yg
Flipping Proof-of-Work’s Energy Consumption Narrative
Ask a layperson about their feelings on bitcoin energy usage, and you’re likely to get one of two strongly-held opinions:
On one end, folks who may think of themselves as optimists consider mining energy costs as minimal as America’s Christmas tree light usage.
On the other, self-styled realists insist bitcoin mining is using more energy than the entirety of Ireland, and left to grow rampantly, will be responsible for environmental apocalypse.
However, the energy that powers mining isn’t going to ruin the planet. In fact, more mining could save it.
By incentivizing the mass usage of cheap, clean power, mining can stimulate the growth of a more sustainable and efficient energy-production infrastructure.
Satoshi Nakomoto’s first gift to society was disintermediating centralized banks and financial institutions.
Their second gift is incentivizing clean, sustainable energy production — which will help our planet stick around for a little bit longer.
An Upswing In Sustainability
Bitcoin mining, like all other economic activities, is subject to fundamental economic laws of supply and demand. As the price of energy goes down, the cost of production of bitcoin through mining increases, increasing supply. As interest in cryptocurrencies rises, entrants both old and new placing new demand in bitcoin increases its price. It stands to reason a decrease in production costs will correlate directly to increased usage.
Consider Moore’s law, named after Gordon Moore, co-founder of Fairchild Semiconductor and Intel, which predicted innovations in computing that ultimately spurred the consumer electronics revolution as far back as 1965. Since then, the number of transistors in a dense integrated circuit continues to double approximately every two years. The increased speed of these digital electronics resulted in technological and social change, productivity, and economic growth.
In addition, Swanson’s law observes that the price of solar photovoltaic modules — AKA solar panels — tends to drop by 20 percent when demand doubles. At present rates, costs halve about every 10 years.
And now, according to a new report from Bloomberg, “the cost of installing solar panels at big solar farms and on rooftops will drop 60% to an estimated average of around four cents per kilowatt hour by 2040.”
As a result, it’s predicted that 15% of the world’s electricity will come from solar panels by that same year.
A Bounty on Clean Energy
Overall, wind and solar are now the cheapest forms of energy on the planet. Geothermal and hydroelectric are also becoming more popular — with the added bonus that users don’t need to deal with storage issues.
So how do these changes in our energy sector connect to cryptocurrency? Through mining: green energy is simply more cost effective. Cost effective equals lower energy production costs. And lower costs means more money.
For miners, that’s a big deal.
“A virtuous cycle is beginning. The more electricity that is needed at scale, the clearer it is — that green is the best economic alternative. As such, the more likely it is that incremental energy production infrastructure that will be built going forward MUST be green to be competitive, and that these new sources of electricity will provide cheaper energy for all consumers across all uses.”
In fact, this shift is already happening.
According to Bitcoin Magazine, one miner moved their entire GPU farm across the U.S. because the hydroelectric power in the Pacific Northwest was cheaper. On the other side of the world, miners take advantage of the plentiful geothermal and hydraulic power of Iceland. Sure, these might not be the most exciting places to live — but the savings make up for that.
Mining Moving Forward
One issue with green energy is that it’s harder for storage batteries to hold. Extra energy typically dissipates or isn’t stored properly. Yet with bitcoin, that excess can go towards mining and building a larger energy infrastructure.
The timing is perfect, because the energy grid in the United States is pretty unstable at the moment. Large sections are taken down at once, and the entire system is hackable. Increased mining means that the grid will start to become less centralized — and therefore more stable.
In fact, decentralized energy communities already exist. In some areas, trash from overflowing landfills is being converted into power. That waste energy is supporting the community, and the excess goes into maintaining the worldwide financial ledger.
Essentially, those people are burning garbage to create money. Magic.
Well, what if a town is setting up solar panels? Do they start their own mining facility next door? Believe it or not, there’s an easy starting point. P2P energy production for solar is made possible with companies like Powerledger, which empowers consumers to trade electricity with each other.
The Sun Exchange is another option in Africa, which gives free energy installations for solar panels. Users can channel the excess energy into mining.
As these industries grow closer, more options will pop up — creating ample opportunity for individual entrepreneurs.
The Gift That Keeps On Giving
If the upward swing in green energy usage continues, we predict that coal and fossil fuels will become a thing of the past. Instead, global energy production infrastructure will be built for clean fuels. The reason isn’t just because it’s the right thing to do. In reality, it’s because they’re more cost effective — which is exactly what makes this change sustainable, and creates a compelling incentive to make the sometimes painful switch.
Since money talks, we believe that there will be massive growth in efficient energy production. It’s simply economics.
Want a future where the norm is clean energy?
Hop on the bitcoin bandwagon.
Shout to Timothy Lewis for coining the phrase, “Satoshi’s Second Gift”
DecentraNet’s Tiffany Madison in Forbes: Meet the Woman Advising The World’s Top Blockchain Companies
Forbes sat down with DecentraNet’s Tiffany Madison to discuss her experience as a female cofounder in the blockchain space, where we’re headed, and why it’s more important than ever to have more women and inclusion when dealing with a technology with the potential to massively impact people’s lives — for the better.
“How can we get more women into blockchain?
1) Create new opportunities: As the blockchain industry is transitioning from its newborn phase into infancy, new opportunities are emerging for women. Until recently, most of the positions in this space targeted technologists, a niche underrepresented with women. While we still have work to do, more women are entering STEM and technology-related fields than ever. As the industry continues to grow, positions where women often shine become more in demand, especially operations, marketing, public relations, content development, and media. Further, over the next decade, many industries where women dominate will be disrupted by blockchain, creating a catalyst for their interest.
2) Offer a platform: I also think industry events are a very public way of demonstrating support for inclusion and diversity. Event organizers and leaders can play a very important role by continuing to foster an inclusive culture welcoming to all. At d10e, we specifically sought female moderators to mediate all-male panels. Our emcee, still to this day, is the very talented young woman, Naomi Brockwell, also known as Bitcoin Girl. The result was that more women leaders felt empowered by their roles as early adopters and thought leaders, and more inclined to speak at future events. When DecentraNet hosts events, we promote inclusion by seeking out as many talented and diverse presenters as possible.
3) Focus on cryptocurrency adoption first: In my experience, interest in cryptocurrency almost always leads to interest in the power of blockchain technologies. Estimates currently place that 5 to 7 percent of all cryptocurrency users are women, making the industry a highly male-dominated one.I think this will change in the next 5-10 years. As cryptocurrency investment platforms, including wallets and exchanges, continue to become less cumbersome and more user-friendly, many women that do not consider themselves technical, but financially savvy, are apt to become interested.”
#decentranet #forbes #blockchain #bitcoin #ethereum #crypto #cryptocurrency #women #femalefounder #blockchain4good
Congratulations to DecentraNet cofounder Tiffany Madison for being recognized as one of 24 women in blockchain/crypto to follow — and thanks for being a leader both on the team and in the space!
“Tiffany Madison is a Partner of DecentraNet. DecentraNet is a full-scale blockchain consulting firm. She describes herself as a Strategist, Advisor, Communicator, Consultant, and Writer. Some of her clients include Nano Vision, DAOstack, and Loci among others. Her company recently hosted CryptoHQ at the World Economic Forum in Davos. Tiffany shares her cryptocurrency insights and DecentraNet news to her nearly 10,000 followers.”
DecentraNet client Securrency, the combined FinTech/RegTech platform leveraging blockchain technology for compliant token offerings, has partnered with identity security leader ID DataWeb to streamline identity verification and improve KYC/AML compliance automation. Check out more in the release below:
“While the regulatory landscape remains uncertain, it is clear that there is a need for blockchain financial platforms that offer built-in accreditation and compliance services. By integrating ID DataWeb’s patented identity verification services into the core of the Securrency platform, companies conducting an ICO or offering tokenized investments can leverage a fully automated registration and compliance process that is in line with current securities regulations.” – Dan Doney, CEO of Securrency
#blockchain #securrency #fintech #regtech #crypto #cryptocurrency#bitcoin #ethereum #btc #eth #altcoins
Read the press release here: https://www.cryptoninjas.net/2018/02/20/id-dataweb-securrency-form-cryptocurrency-kyc-aml-partnership/
We’re excited to work with the rest of the Austin blockchain community to foster innovation and help grow the ecosystem here. Some great things coming!
#austin #atx #blockchain #startups #crypto #cryptocurrency #bitcoin#ethereum #altcoins #innovation #wanchain
Read the official release here: https://www.americaninno.com/austin/inno-news/austin-blockchain-collective-to-advocate-for-local-crypto-startups/
Austin Blockchain Collective Website: http://austinblockchaincollective.com/
By David Jackson
When cryptocurrency gets brought up in the news, there are typically only two aspects of the crypto market being taken into consideration:
- Wow, would you look at this neat feature cryptocurrencies have! Isn’t that interesting?
- Wait, cryptocurrencies can be used to make the illegal purchasing process easier? This is a disaster.
You get the idea. People in the mainstream tend to have a pretty basic understanding of how cryptocurrency works, and that’s to be expected. We shouldn’t be surprised that cryptocurrency ends up getting presented this way.
But it does bring up an interesting question: what can be accomplished with cryptocurrencies?
Don’t get me wrong, those of us within the blockchain community are fully aware of the laundry list of perks that come with a fully integrated crypto market.
I’m not just talking about “decentralization” or “fraud protection” in a vague sense. I want to explore how we can actually improve society in a meaningful way with cryptocurrencies.
And that’s why today, I’m going to take a look at 10 crypto companies that are gearing up to change the culture of traditional markets and improve society in the process.
Nano Vision was formed as the solution to a problem that is as problematic as it is antiquated. The reality of research as we know it is that it’s trapped in a model that’s fundamentally broken.
While trying to drive scientific advancement, trillions of dollars end up being spent all around the world, with limited success.
To make matters worse, critical data ends up being siloed in individual institutions and governments globally. Nano Vision aims to change that by aggregating existing and real-time data from the world’s leading institutions. By using a global, decentralized blockchain economy, they can empower citizens and scientists to address the world’s greatest human health challenges.
At its core, DecentraNet operates as a full-service blockchain advisory and consultancy, serving entrepreneurs with a full suite of done-for-you services, deep industry partnerships, access to capital, and community events.
DecentraNet hopes to use blockchain technology to enable newer, more efficient solutions to otherwise crippling global challenges. But what does that really mean? Well, they’re aiming to not only empower a single individual, but to create a culture that is capable of fully integrating the crypto markets into our current financial markets.
The easiest way to think of Loci is that it’s a platform designed to change the way the Intellectual Property (IP) industry functions. The unfortunate reality of the IP world is that claiming an idea as IP can be a terribly lengthy and expensive venture, with very little in the realm of payoff.
Loci aims to fix this problem by simplifying both the patent search process and utilizing unique visualizations to help further understand the vast landscape of ideas. By the time Loci is done with the IP industry, inventors will have a cheaper, faster method for claiming IP.
As an investor, there’s a pretty common issue that you’ll run into: balancing your liquid assets and your illiquid assets. Traditionally, these markets are kept siloed, but Securrency is hoping to change that.
Securrency aims to be your go-to financial tool to make asset transfers easier than ever before, with access to a part bond, part currency, and part exchange traded fund share. This means that you’ll be able to instantly liquefy any of your assets, without having to pay for costly third-party services.
The BuildCoin Foundation
The BuildCoin Foundation was founded on a single principle: the idea that every human being deserves access to both affordable and reliable infrastructure to reach their highest potential in order to live their best life.
So, how does the BuildCoin Foundation help? By leading the charge when it comes to building a new foundation for global economic and human social advancement. The BuildCoin Foundation understands that investments in the development of quality, reliable, sustainable and resilient infrastructure drive economic development. That’s why they created BuildCoin, a cryptocurrency that’s designed to help offer transparency, immutability, process integrity and disintermediation, all at lower costs and with faster transactions.
While it may not seem glamorous to most people, the trucking industry is truly the backbone of American commerce. With 80% of all cargo transported overland by trucks, and more than $700B spent on overland logistics in the U.S in 2016, the market is undeniable. Unfortunately, it’s also very inefficient.
Fr8 exists as a set of decentralized applications designed to connect the freight industry’s fractured value chain by transparently connecting key stakeholders, removing high-cost arbitrage, increasing efficiencies, and re-aligning incentives. Just as important, by using blockchain technology, they’re able to mitigate the industry’s considerable environmental impact.
At its core, Constellation is a horizontally scalable distributed operating system with smart contracts as microservices. Constellation offers a cryptocurrency with transactions faster than both Bitcoin and Ethereum by a factor of 1000. And with no transaction fees, more and more people will be able to take advantage of this cryptocurrency.
It’s completely decentralized, mobile compatible and you can easily integrate Constellation’s smart contracts as microservices into existing applications.
The Dispatch platform is actually relatively simple. With blockchain going mainstream, Dispatch Labs is building the architecture to get it there. Dispatch aims to create a platform that will disrupt a host of traditional industries. By enabling the development of secure, decentralized peer-to-peer applications.
The most interesting thing about SolidOpinion is their approach to being an engagement company. Their goal is to help users track, power, drive, and reward engagement. And yet their focus is on creating targeted, un-intrusive ads that drive engagement. And at the core of all this is a digital currency that offers transparency and efficiency to its users.
NuBits might be one of the few digital currencies that’s stable enough and versatile enough for the mainstream financial markets. NuBits uses a 1-to-1 ratio with the US dollar, meaning that there’s no need to perform complex math at the point of sale. Plus with no vendors fees or customer chargebacks, it’s a great financial tool for vendors and merchants.
Which crypto company do you think is leading the charge when it comes to improving society? Comment below.