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Exam Code: CBSA Practice exam 2022 by team
CBSA BTA Certified Blockchain Solution Architect

This exam is a 70 question multiple-choice exam that lasts 1.5 hours (90 minutes) and is performance-based evaluation of Solution Architect skills and knowledge. Performance-based testing means that candidates must answer questions to reflect what they must perform on the job. Internet access is not provided during the exam, nor is any course material or study guides.

Scores and Reporting
Official scores for exams come immediately following the exam from Pearson VUE. A passing score is 70%. exam results are reported PASS/FAIL and you will be provided your percentage. Blockchain Training Alliance does not report scores on individual items, nor will it provide additional information upon request.

The Certified Blockchain Solution Architect (CBSA) exam is an elite way to demonstrate your knowledge and skills in this emerging space. Additionally, you will become a member of a community of Blockchain leaders. With certification comes monthly industry updates via email and video.

The CBSA exam is a 70 question multiple-choice exam that lasts 1.5 hours and is a performance-based evaluation of Solution Architect skills and knowledge. Internet access is not provided during the exam, nor is any course material or study guides.

A person who holds this certification demonstrates their ability to:
- Architect blockchain solutions
- Work effectively with blockchain engineers and technical leaders
- Choose appropriate blockchain systems for various use cases
- Work effectively with both public and permissioned blockchain systems

This exam will prove that a student completely understands:
- The difference between proof of work, proof of stake, and other proof systems and why they exist
- Why cryptocurrency is needed on certain types of blockchains
- The difference between public, private, and permissioned blockchains
- How blocks are written to the blockchain
- Where cryptography fits into blockchain and the most commonly used systems
- Common use cases for public blockchains
- Common use cases for private & permissioned blockchains
- What is needed to launch your own blockchain
- Common problems & considerations in working with public blockchains
- Awareness of the tech behind common blockchains
- When is mining needed and when it is not
- Byzantine Fault Tolerance
- Consensus among blockchains
- What is hashing
- How addresses, public keys, and private keys work
- What is a smart contract
- Security in blockchain
- Brief history of blockchain
- The programming languages of the most common blockchains
- Common testing and deployment practices for blockchains and blockchain-based apps

BTA Certified Blockchain Solution Architect
BlockChain Blockchain basics
Killexams : BlockChain Blockchain basics - BingNews Search results Killexams : BlockChain Blockchain basics - BingNews Killexams : Video Tutorials are Making Blockchain Technology More Accessible

Have you ever tried to explain Bitcoin or cryptocurrency to a friend, only for them to stare doe-eyed into the display, and saying, “I don’t understand a word of this!” 

Sometimes it’s hard to explain these concepts to newbies, and it’s more than a little challenging to explain the past and future of cryptocurrency in simple terms. It’s also not the easiest thing to, you know, explain who the hell Satoshi Nakamoto actually was. 

But that doesn’t mean it’s impossible either. One of the best ways you can educate people of all ages regarding the blockchain is to stop practicing so much “expert commentary”, and instead use a video tutorial to better explain the fundamentals of blockchain tech. 

In this article we’re going to consider some of the basics, and also share some video tutorial links that will further your education. 

Why Understanding the Blockchain Matters

Emphasizing blockchain theory first is important, and even more so than the cryptocurrency, which is what most people have heard about. 

The blockchain refers to a system of recording transactions, sort of like a digital ledger, but one that cannot be easily changed, hacked, or altered. Every new transaction is distributed across a network of linked P2P computer systems and usually involves cryptocurrency. 

Explaining this simple fact helps people to understand that blockchain is ultimately about decentralizing many financial processes. Every member of the network has a copy of the distributed virtual ledger book, meaning everyone can verify transactions for themselves, and not rely on a central finance company to oversee the process. 

Besides, blockchain technology is what is rapidly growing, arguably more than or at least equal to crypto itself. Multiple industries are using blockchain tech for their own purposes, viewing it as a new commodity – and one without a central authority. 

The invention of Bitcoin was actually to help everyone learn to “make their own bank” and eliminate middlemen or intermediary companies when possible. 

The Best Learning Resources for New Blockchain Trainees

Who better to explain blockchain than the movers and shakers behind The site has plenty of guides to crypto basics, wallets, Web3, energy consumption, glossaries, and understanding blockchain ledgers. You can even access a forum to ask questions. 

If you prefer to read such complicated concepts in book form, you can buy “Bitcoin and Cryptocurrency Technologies: A Comprehensive Introduction Illustrated Edition” via paperback, hardcover, or Kindle. 

But one of the best video programs on the blockchain is by Gary Gensler, who offers an in-depth YouTube commentary on the blockchain, as well as a complete video course available from MIT OpenCourseWare.

Gary covers contextual history, failed digital currencies, blockchain theories, technology, financial sector problems, blockchain potential opportunities, challenges with blockchain technology, Q&As, and much more. 

Over at SimpliLearn, there is a tutorial focusing on the future of money in general, and why blockchain is set to change much of our future. This video course goes into more detail regarding decentralization, and how that actually protects intellectual property. The course also discusses how companies can use blockchain to Strengthen their business model. 

Video Streaming and Blockchain Coincide

Over at Medium, there’s a thought-provoking article covering how video streaming and blockchain are both transforming the modern internet. Streaming technology with video is actually growing astronomically in usage. Video is already expected to reach 4 zettabytes, and by the end of the year, it’s believed that over 80% of all internet traffic will be for videos. 

The quality of videos is improving, with 4K, 8K and 360 experiences, and so we are changing the way we create niche entertainment, find new markets, and deliver customized experiences to others. You can even buy free video loop footage for films, educational videos, and other projects. 

The internet is certainly helping us to connect to virtual niche communities all over the world. With tech as promising as the ISOVerse or Meta, we’re seeing the distant future today – a virtual world will billions of tradeable, virtual commodities. 

An Unregulated Decentralized Social Media

But where it gets interesting is how blockchain-based video is rising in popularity. Blockchain is now helping users to encrypt their videos and store the videos permanently using an “IPFS swarm.” 

These broadcasts rely on relay nodes and IPFS to not only protect creators (by ensuring the integrity of ownership), but also to decentralize hosting. Just read this jaw-dropping article from Legacy Research, covering how social media may eventually become free of censorship with a decentralized blockchain approach to users maintaining their own content. 

The Blockchain Is Your Future, One Way or Another

The future of blockchain is intrinsically tied in with the cultural and commercial trends of modern consumers in general. Whatever we want, and however we want to connect with others, technology finds a way to deliver that custom experience. The blockchain promises more user-created and user-stored media and the sky’s the limit. 

Now is the time to understand blockchain tech not only because it’s the future of our culture, but also because now is the time to invest and find a way to use blockchain for your own business goals. 

Sun, 16 Oct 2022 20:00:00 -0500 Angela Scott-Briggs en-US text/html
Killexams : Blockchain’s potential extends to poverty busting

The technology can help circumvent traditional barriers to women’s empowerment.

When women and girls in Afghanistan were barred from attending schools, many resorted to online courses to continue their education. Blockchain, with its public accessibility and pseudonymity, could help them obtain globally recognised tamper-proof and portable credentials.

It has the potential to transform education by resolving infrastructural and institutional-related costs typically faced by less developed and geographically remote communities. But blockchain’s ability to empower women striving to escape poverty goes beyond education. It can Strengthen social inclusion by granting equal opportunities to every individual regardless of background and status.

Blockchain technology provides women with financial inclusion and entrepreneurial opportunities to gain independence and self-sufficiency.

It offers small business owners affordable and efficient cross-border payments, and can help women gain access to previously unavailable finance. In countries that still prohibit women from having property rights, women can turn to blockchain or cryptocurrencies to circumvent restrictive cultural norms and gain financial access outside of the traditional banking system.

Female micro-entrepreneurs without assets for collateral can turn to crypto-funding to finance their business.

For example, the Grameen Foundation offered blockchain-enabled micro-financing to support women entrepreneurs in the Philippines during COVID-19. Blockchain technology has also been used to aid women refugees in humanitarian crises.

Immigration systems can provide unidentifiable and displaced people with verifiable personal identification on a blockchain-based database.

Financial assistance can be deposited in the form of digital currency or cryptocurrency at minimal transaction cost into their accounts to enable them access to basic amenities. Since the emergence of Bitcoin in 2009, blockchain technology and distributed ledger technologies (DLTs) have been widely adopted in various sectors.

A latest report by accounting firm PricewaterhouseCoopers revealed that blockchain technology has the potential to increase global GDP by US$1.76 trillion in the next ten years.

As a revolutionary technology, blockchain has significant potential for empowering women in vulnerable and marginalised communities. It can Strengthen their livelihood which then reduces household, community and national poverty. The two most critical aspects that can help women gain equality are better access to education and income-generating opportunities.

Blockchain technology can be the tipping point for social inclusion and poverty alleviation.

Also Read: Tether reduces commercial paper reserves for USDT to zero

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Sun, 16 Oct 2022 17:42:00 -0500 en-IN text/html
Killexams : What the Ethereum Merge Is and Why It Matters No result found, try new keyword!Ethereum co-founder Vitalik Buterin tweeted “Happy merge all.” He congratulated the team who helped make the Merge happen, and called the event “a big moment for the Ethereum ecosystem.” But what is ... Fri, 14 Oct 2022 10:02:00 -0500 text/html Killexams : Blockchain Market Global Trends, Growth, Share Analysis, And Opportunity 2022-2030

The MarketWatch News Department was not involved in the creation of this content.

Oct 13, 2022 (Alliance News via COMTEX) -- Research Methodology

New York (U.S) There were five stages to the research study on the Blockchain Market : secondary research, primary research, subject matter expert guidance, quality check, and final review. Statistical and cogent models for the market were used to assess and forecast the market data. Additionally, market shares and important trends were taken into account when creating the study. The Market Time Line Analysis, Vendor Positioning Grid, Market Overview and Guide, Company Market Share Analysis, Company Positioning Grid, Standards of Measurement, Top to Bottom Analysis, and Vendor Share Analysis are additional data models that can use.

The Global Blockchain Market, valued at USD 3024.54 Million in the year 2020 has been witnessing unprecedented growth in the last few years on the back of rising demand of cryptocurrency and growing digitalization. The report combines in-depth quantitative analysis with exhaustive qualitative analysis, ranging from a macro-overview of the overall market size, industry chain, and market dynamics to micro details of segment markets by type, application, and region. As a result, the report offers a comprehensive view of the market that addresses all of its key facets. These market hypotheses are supported by data that comes from both primary and secondary research.

Download Free trial of This Strategic Report:

The COVID-19 pandemic has accelerated the digital transformation in many areas because of supply chain disruptions, lockdowns and many physical restrictions, with the usage of blockchain technology. The market growth of blockchain will also be facilitated by replacements of blockchain projects as most of them have ignored basic features of the technology. Also, with the pandemic brining into focus the required changes in the blockchain technology, the market will witness major growth in the near future. Additionally, rising adoption of distributed ledger technology (DLT) systems, increasing adoption of e-commerce will drive the Blockchain Market value in the near future.

The pandemic has significantly pushed the demand for blockchain distributed ledger in several industries such as BFSI, manufacturing, retail & e-commerce and healthcare. In addition to this, as businesses across the globe are reopening, many organisations are shifting their focus towards blockchain distributed ledgers for advanced security features for their customers to reduce the risk of cyber-attacks.

Among the Type in the Blockchain Market (Public blockchain, Private Blockchain, Hybrid blockchain), Public Blockchain is large segment globally and is expected to grow steadily in the forecast period. The advantages of public blockchain and easy accessibility for users will drive the market.

Among the Application of the Blockchain Market (Digital Identity, Payments, Smart Contract, Supply Chain Management, Others), Payments holds large share in market globally and is expected to keep growing in the forecast period. It is one of the largest applications of Blockchain Market due to the growing demand of E-commerce and the advantages of blockchain in payments will keep driving the market in future. Among the End User of the Blockchain Market (BFSI, Payments, Industrial Products and Manufacturing, Energy and Utility, Government, Others), BFSI holds large share in market globally and is expected to keep growing in the forecast period. It is one of the largest sectors of Blockchain Market due to the high demand of e- financial services among young population and growing adoption of blockchain security in BFSI will keep driving the market in future.

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Scope of the Report:

The companies analysed in the report include IBM, Accenture, DSC Technology, Infosys limited, NTT Data, TCS, Digital Asset, Chainalysis, Oracle and HPE.

The report analyses the Blockchain Market by Type (Public blockchain, Private Blockchain, Hybrid blockchain).
The report analyses the Blockchain Market by Application (Digital Identity, Payments, Smart Contract, Supply Chain Management, Others).
The report analyses the Blockchain Market by End User (BFSI, Payments, Industrial Products and Manufacturing, Energy and Utility, Government, Others).
The Global Blockchain Market has been analysed By Region (Americas, Europe and Asia Pacific) and By Country (U.S, Canada, Germany, Russia, U.K., Switzerland, China, Japan, South Korea, India).

The attractiveness of the market has been presented by region, by Type, by Application, by End User. Also, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.

Key Target Audience
Blockchain Technology Companies
Consulting and Advisory Firms
Government and Policy Makers
Investment Banks and Equity Firms
Regulatory Authorities

Table of Content:

Market Introduction
Market Report Scope and Methodology
Overview of Market Research Methodology
Market Overview and Dynamics
Market Revenue Share Analysis, By Key Players
Market Segmentation By Application, By Type
Market COVID-19 Impact analysis with the Impact of COVID-19
Market Competitive Landscape Analysis
Market by Region, Historical Data and Market Forecasts

Market Conclusion


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Wed, 12 Oct 2022 21:22:00 -0500 en-US text/html
Killexams : Blockchain: A fix for the broken data layer underlying the global labor market

This article is part of a VB special issue. Read the full series here: How Data Privacy Is Transforming Marketing.

Let’s face it: The labor market is completely outdated. It’s been that way for a while. Change is finally coming based on three major forces all converging. These forces — the volatile and disrupted labor market, rising privacy concerns and the emergence of blockchain technology — are creating a necessary change in the way individuals navigate their careers and livelihood, and how employers and other stakeholders in the labor market make workforce-related decisions. The possible end result is a once-in-a-generation revolution for the job market. 

A volatile and disrupted labor market 

Technological and social changes are driving the mega-trends for the future of work. With the global skills gap, talent shortage, job market polarization, deepened inequalities and the rising tide of non-standard employment, the labor market continues to be one of humanity’s biggest challenges for the next decades. 

The right to work — the free choice of employment — is a basic human right. The modern labor market is fragmented, ultra-specialized, filled with all sorts of alternative work arrangements or gig employment. It becomes an extremely confusing environment to navigate as the growing sense of job insecurity cuts to the core of identity and social stability. Now more than ever, we need to accelerate our ability to develop and deploy human capital on a global scale. 

Rising privacy concerns 

With the arrival of the commercial internet in the 1990s, data collection efforts began exponentially ramping up to generate mountains of information. The personal data users give away for free is transformed into a precious commodity. For a long time, brands could do this unabated, and consumers did not voice their concerns. However, that’s beginning to change. According to the Pew Research Center, 79% of Americans now report being concerned and confused and feeling a lack of control about the way companies are using their personal information. These growing concerns and the cascade of privacy scandals that have come to light in latest years are driving legislatures towards much more rigorous privacy legislation and enforcement. 


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The emergence of distributed ledger technologies (blockchain) 

Blockchain is no longer just about Bitcoin or cryptocurrencies in general. Instead, it can be seen as a disruptive, revolutionary technology that will have major impacts on multiple aspects of our lives. A blockchain is a distributed database or ledger that is shared among nodes of a computer network that are operated by a community of independent and unrelated entities, usually incentivized to provide computational resources to the network. The innovation of blockchain is that it guarantees the fidelity and security of the records of data it stores and generates trust without the need for a centralized controlling entity. 

The revolutionary power of such technology compares with the revolution sparked by the internet. Just as the internet is a means of sharing information, so blockchain technologies can be seen as a way to introduce the next level: sharing trust.

Fixing the broken data layer underlying the global labor market

The emerging contours of the new world of work are rapidly becoming a lived reality for millions of workers around the world. The opportunities for economic prosperity, societal progress and individual flourishing inherent in this new world of work are enormous. Yet they depend crucially on the ability of all concerned stakeholders to instigate reforms in education and training systems, labor market policies, business approaches to developing skills, employment arrangements and existing social contracts. 

Hiring people based on what they say about their own skills, identity and education credentials is terribly inefficient. Self-reported career records are unreliable and non-standardized. Misrepresentation is common. Verifying applicants’ and employees’ data requires manual, weeks-long processes that add unimaginable friction and cost to the labor market. As a matter of fact, today’s labor market’s data exchange infrastructure has more in common with the outdated postal service than with this generation’s digital world. 

It is clear that we need a new data-sharing architecture to replace the outdated, fragmented way talent represents their career reputation across the labor market via resumes and other self-reported online profiles. 

Blockchain technology has the power to overcome these challenges by letting individuals own their careers and personal information, rather than relying on LinkedIn and other third-party job boards which ultimately control an individual’s data.

The blockchain has the potential to radically change the way people navigate their careers and livelihoods and how employers make talent decisions. Ultimately, this technology — although still in its infancy — just might transform the job market. 

Dror Gurevich is the Founder and CEO of Velocity Career Labs™ and the Velocity Network Foundation®.


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Fri, 07 Oct 2022 20:20:00 -0500 Dror Gurevich, Velocity Career Labs en-US text/html
Killexams : If blockchain is the answer for global brands, what is the question?

As part of The Drum’s Globalization Deep Dive, Mischief Maker’s Scott McKenzie argues that global brands can no longer ignore the promise of blockchain.

Brands struggle on this most basic of questions. Not just small or emerging brands, but big, public brands that have been around for a lifetime or more.

As the global village simultaneously grows closer with technologies designed to connect users and moves further apart with polarizing politics and fiscal policies, a unifying element may well be figuring out why your brand matters and understanding how to make it matter even more. Help may be at hand.

Having worked with a range of companies to tell their stories in disparate industries and geographies – to the public, investors and internally – I have found that the common gravity point for successful market positioning and global growth stories came when we identified why they mattered.

But there was a twist.

There is a common outlying thread as we grappled with the question. That twist? Blockchain as a growth enabler. For years a punchline among futurists as a catchall solution to the world’s woes, blockchain had grown up – and many had failed to notice.

Part of the blame can be assigned to the crypto crash. Leadership teams ran from blockchain, or at least didn’t run to it, because they assumed that if crypto was in bad shape then so too was blockchain. But they were wrong and the smart ones are figuring that out.

Their headline message is simple: blockchain is not crypto. Far from it. It is a rapidly-emerging growth accelerator for brands.

While the crypto crash played out, the more innovative players in the blockchain space were quietly building in the background and are now poised to help brands find borderless and sustainable growth in ways that have, to date, not been fully explored. Sustainability, banking and product provenance spring to mind as three areas of opportunity.

For these three alone, the answer is compelling: blockchain initiatives can remove friction from everyday actions and transactions and do so securely with unparalleled levels of transparency. The outcome is a measurable improvement in all parts of the value chain.

In other words, we can create value where there once was none. Just when brands thought they had wrung the revenue necks of their products, blockchain applications and platforms have come along to enable new value streams using existing product sets.

A simple example is a recommendation to the French Olympic Games organizers for 2024. Ticketing fraud and widespread reselling on the secondary market mean organizers of large sporting events typically lose millions. And, of course, the prevalence of fake tickets exposes the consumer experience to risk. This is true of most major sporting events.

But a recommendation from the French Olympic Committee calls for tickets to be sold on a blockchain foundation. The outcome would bring an immutable environment for sales – no manipulation and no fraudulent tickets. No matter how many times or for how much those tickets were sold, the organizers would automatically get their cut. Fake tickets and scalpers would be removed from the process.

It should be apparent that blockchain has grown up and can solve real-world problems. Removing friction and enabling transparent, fair processes that scale like crazy and bolt onto existing technology stacks will be key to blockchain being a central element of global expansion for business.

There are good examples of using blockchain capabilities with NFTs and the like, but they have typically been ad-hoc instead of core to the business agenda. That will change.

But to accelerate that change, blockchain must shed the baggage of its jargon. DAOs, dapps, nodes, tokens... the list goes on. The lingua franca of blockchain is in and of itself creating a barrier to entry. Smart people in big companies are struggling to process why these words matter.

Instead of expecting the world to learn the jargon of blockchain, winning brands will turn to companies that bring outcomes devoid of jargon. The outcomes may well be a positive consequence of using blockchain, but it’s not the technological wizardry that matters. It’s the result.

And when you have the results, it becomes so much easier to answer that all-consuming question: why do we matter?

Scott McKenzie is founder of Mischief Maker. For more on what marketers and their partners need to do to succeed on a global level, check out The Drum’s Globalization Deep Dive.

Tue, 11 Oct 2022 17:00:00 -0500 text/html
Killexams : Innovation springs eternal, even through crypto winter

As autumn descends, it is popular to talk about crypto being in the midst of a new ‘winter’ caused by the fall-out from the market turmoil, as well as some high-profile collapses and hacks.  The situation overall has been sobering for users, challenging for innovators and motivating for regulators.

Lee A. Schneider, Andreina Himy, Wee Ming Choon and Olta Andoni are the co-founders of Owl Explains.

We believe this narrative only scratches the surface of the changes that will be wrought by blockchain and Web3. This is why this week we are launching Owl Explains – a new initiative to explore and explain the new world of blockchain and Web3.

Market downturns and volatility are characteristic of periods of intense innovation in underlying technologies and systems. With the arrival of Web1, the headlines were all about the ‘dotcom’ boom and bust, while behind the scenes, many were working to deliver remarkable innovations straight into the phones in our pockets such as a world map street by street, all the music ever recorded, and instant translations from any language.

Similarly, the Web3 revolution built on blockchain quietly continues despite the hype about crypto. Blockchain databases continue to function, forming the basis for smart contracts, applications and businesses based on the digital uniqueness afforded by the tech. The innovation underway goes far beyond the headlines – often turbocharging peer to peer activity and reclaiming ownership of the digital space that has been so dominated in latest times by powerful intermediaries.

Consider the Lemonade Crypto Climate Coalition, which is bringing weather insurance to farmers in developing countries utilizing public blockchain as the core infrastructure.  Lemonade, a modern insurance company, recognized that traditional insurance tools and methods simply could not serve this market.  So they rethought the system, leveraged the global nature of blockchain and its ability to financially connect anyone around the world, and launched newly designed insurance fit for purpose.  Now insurance against drought will be available anywhere.

Brave offers a browser and search engine that allows users to turn their internet search history into an asset that they can either protect or monetise by trading it for a ‘basic attention token’ (BAT) paid to them by an advertiser that wants to target them. In this new world, the user is no longer ‘the product’ – they are back in control of their own data.

That same user could then spend that BAT token to listen to their favourite artist on Audius, a Web3 music streaming platform that allows musicians to keep a greater share of their earnings by cutting out intermediaries.

Or they could use it to purchase surplus energy from their neighbour’s solar panels through microgrid initiatives like this one in New York.

All of these innovations rely in part on tokenisation, the process of digitising assets through a digitally unique item on a blockchain.  Think of a token as representing a bundle of rights.  In Lemonade’s initiative, those rights might be to an insurance pay-out if your crops are destroyed by drought.  For the BAT, those rights might be closer to a means of exchange of value.  Blockchains like Avalanche bring these bundles of rights into existence and make them transferable everywhere on the planet and very quickly.  On a macro level, tokenisation releases trapped capital, increases productivity and furthers economic inclusion.

And that is where regulators come in.

Currently, responsible players who want to operate within the rules face a patchwork of different and often unclear regulations governing tokens in different territories around the world. The EU’s Markets in Crypto-Assets Regulation (MiCA) is a good start in defining and setting rules for various types of tokens.  Other countries, such as Japan, Switzerland and Singapore, continue to develop their regimes but more needs to be done both in the EU and around the world to define and create sensible, consistent regulation to provide the clarity and legal certainty about the core of what tokenization is and how it works.

Policy makers should not stop there.  They should recognize and encourage the change that blockchain and Web3 brings to the way ownership is established and value is transferred.  By adopting policies and incentives that embrace good actors and marginalize bad actors, they will facilitate the next stage of the internet.

The first step towards sensible policies and regulation is understanding the technology, how it works and what it can do. At Owl Explains we will provide practical explainers of the technology itself, such as consensus mechanisms and personal wallets, and its applications, such as NFTs and DeFi, and put forward some foundational principles to shape policy thinking.  We do not plan to do this alone.  By building a ‘parliament’ of owls, we intend to bring the best experts into the conversation about blockchain and Web3.

We will also host regular ‘Hootenanny’ sessions on Twitter Spaces bringing industry and regulators together to talk about progress in the sector, highlight good use cases, and bust some myths. The first of these will be on Wednesday 19th October at 11 am ET / 4 pm BST / 5 pm CET when we will be discussing ‘Will Web 3 be better than Web2?’ with speakers from industry, the media and the European Commission. Join us by setting a reminder here.

For more information, follow us on Twitter and Linkedin.

Sun, 16 Oct 2022 22:34:00 -0500 en-GB text/html
Killexams : IndigiDAO: Bringing Blockchain to Indigenous Communities Henry Foreman, founder of IndigiDAO and program manager at New Mexico Community Capital. (Google/YouTube) © Provided by CoinDesk Henry Foreman, founder of IndigiDAO and program manager at New Mexico Community Capital. (Google/YouTube)

“My tribe is Absentee Shawnee – the tribe of Tecumseh,” says Henry Foreman. “He created his own tribe among tribes, building a larger community. So this is my version of something that’s deep in my history.”

Foreman is the founder of IndigiDAO, a new cryptocurrency education and development project that will be featured at CoinDesk’s IDEAS conference next week.

In the late 18th and early 19th century, Tecumseh traveled widely from the Shawnee’s homeland in the Northeastern U.S., building an intertribal coalition to resist European incursions. That model remains a powerful inspiration for Native Americans and other Indigenous groups.

IndigiDAO is a finalist in CoinDesk's Web3athon. The winners are announced at the I.D.E.A.S. conference October 18 and 19.

IndigiDAO is Foreman’s effort to draw together a similarly scattered group: Indigenous artisans and entrepreneurs. Foreman launched the project as part of his role as program director at New Mexico Community Capital, where his focus is on business, finance, and technology education for aspiring indigenous businesspeople.

Though IndigiDAO has sprawling ambitions, it’s starting with two primary goals. On the one hand, Foreman says entrepreneurs in his community want more education on crypto.

“This is a form of digital financial literacy,” he says. “We want to meet entrepreneurs where they’re at.” IndigiDAO is building a hands-on educational program that starts with basics like setting up wallets, and proceeds to more complex applications and concepts.

At the same time, traditional craftspeople face a concrete problem that blockchain technology could help solve: authentication of handcrafted work, which is often imitated and undercut by non-Native interlopers.

“It’s a big issue – people making fake indigenous art, jewelry, copying designs,” says Foreman. “Our traditional makers aren’t making enough income, aren’t being [properly] valued in the traditional marketplace. They gather the mud from the riverside and hand-fire it. It’s hard for that to compete [on price] against someone who’s buying a pot made in a factory and just painting it.” Issuing non-fungible tokens to authenticate items created by IndigiDAO members could be one way to tackle fakes.

But IndigiDAO wants to do more than solve one market problem. Its mission states it aims to “advance Indigenous core values like collaboration, reciprocity, shared ownership and nourishment-based exchange without exploiting the communities and individuals involved.”

That’s particularly intriguing for Native American tribes, including the Absentee Shawnee, whose members receive basic income-like dividend payments from tribal enterprises such as casinos. Foreman believes a DAO could become a model for helping tribal members use those funds more effectively by coordinating – even among members scattered across wide geographic areas – just as Tecumseh’s coalition did two centuries ago.

“Can you imagine a tribe that adopted a shared governance model?” Foreman asks. “That would be game changing.”

Fri, 14 Oct 2022 04:26:24 -0500 en-US text/html
Killexams : Building a Business Case for Blockchain Streaming Tech

If you look at the top five industries that blockchain developers want to disrupt, streaming video and music will be somewhere on the list.

The core of blockchain-based streaming companies and content-sharing firms like D.Tube, Dlive, and Theta seek to compete with giants like YouTube and Twitch with decentralized networks that give content providers much more freedom from corporate control and censorship.

They take far less revenue, and in many cases, they reward not only creators for producing but users for viewing, reviewing and recommending streamers’ work. There is also a focus on transparent promotion algorithms and tools.

The basics are pretty straightforward — peer-to-peer platforms built on blockchain and using native cryptocurrencies for payments — and some big names have tested the water. In 2020, Dlive brought (since retired) No. 1 YouTuber PewDiePie to its platform for livestreams, bringing the service 2 million new viewers in a month.

Other top platforms include D.Tube, an ad-free sharing service whose tokens can be earned by watching, sharing and commenting on videos as well as by uploading them.

Twitch-targeting Stacked is after the gamer market. It raised $13 million in August for gamer streaming content that pays creators in governance tokens that give them a say in how the platform is run, TechCrunch said.

Theta’s peer-to-peer model incentivizes decentralized hosts to put up the streaming infrastructure in exchange for the same THETA tokens viewers can use to reward creators.

“Our vision is for end-users to see themselves less as consumers of a service, and more as participants in a network that benefits everyone involved,” Wes Levitt, Theta Labs’ head of strategy told CryptoSlate in February. “With more options to distribute video through decentralized networks like Theta, creators can better control their content distribution and retain more earnings.”

Beyond Entertainment

However, there are uses of blockchain streaming video that go beyond sending movies, documentaries, influencer videos and gaming run-throughs.

Eluvio, a blockchain distribution and monetization company that has partnerships with Fox, MGM Studios and the Black Eyed Peas, among others, is seeing its technology used for more than just getting content in front of the public.

In early 2021, MGM began testing Eluvio Content Fabric for business-oriented applications. One was ROAR Screeners, a secure B2B streaming platform that allowed the entertainment company to host encrypted screenings of films and TV shows for potential buyers.

Another, ROAR Pre-Release focused on pre-release 4K screenings that could be individually watermarked and encrypted, and controlled digital rights management (DRM). ROAR Marketing provided 1.5 million images, TV and movie clips, logos and other content for marketing licensees. And MGM Licensing was a content discovery tool allowing marketers to build their own clips of the studio's content library.

Along with content streaming, Eluvio can create APIs and utility service layers for intermediary companies

“You could think of it like a decentralized SaaS, a service to replace CDNs, clouds, and media stacks and provide native tokenizing features,” Eluvio CEO Michelle Munson told IBC in September. “These kinds of models represent a new wave of what we think of as the windowing of the value of content

Then there’s cost. Doug Petkanics, CEO of decentralized streaming infrastructure provider Livepeer, pointed to the cost of transcoding — converting video to viewable formats like MPEG-4 or MOV that are needed by various platforms — in an interview for Dell’s blog in February.

It can cost as much as $3 per hour when working through providers like Amazon Cloud Services, he said, adding that the “giant technology monopolies that run the live streaming infrastructure charge a price that’s prohibitive to the emerging creator economy.”

Livepeer allows anyone with extra computing power to sign up and earn incremental revenue by providing the encoding on an as-available basis to streaming sites that aren’t as big as Twitch and YouTube — which wrap encoding costs to the steep charges they impose on content creators using their network.

For all PYMNTS crypto coverage, subscribe to the daily Crypto Newsletter.

Fri, 07 Oct 2022 08:04:00 -0500 en-US text/html
Killexams : Blockchain As The Future Of Sports Gambling

The future looks promising for blockchain and sports gambling. Find out how the industry landscape can transform and how gaming patrons can benefit from it.

If there's something in common between the sports gambling and digital currency industries, it's their growth potential and the market interest they attract. Despite global economic issues, sports gambling continues to thrive and evolve. This market remained substantial amidst being slowed down by restrictions the worldwide COVID-19 pandemic brought. As regulations ease, experts expect the numbers to rise exponentially in the years to come.

In the United Kingdom alone, the UK Gambling Commission valued the industry at GBP£12.7 billion in 2021. Apart from this, adult gambling participation rate in the UK is at a strong 43%, showing significant market interest in this form of leisure.

Meanwhile, sports betting has skyrocketed online, and one area that experienced substantial growth is the crypto gambling scene. Every month, you get to read stories about superstars and icons like Drake winning a million dollars betting on teams like the Golden State Warriors in the National Basketball Association (NBA) using online betting platforms like, which primarily deals with cryptocurrencies.

If you're curious or excited about what's next in crypto and sports gambling, there's a lot happening behind the scenes. In this article, you'll learn about the future of blockchain in the world of sports gambling.

The rise of crypto casinos

According to US-based market research and consulting company Grand View Research, they expect the global sports betting market to grow exponentially, potentially peaking up to USD$182.12 billion (GBP£162.93 billion) in revenue by 2030. While the industry continues to expand, online betting companies have yet to find a satisfactory resolution to a few issues to Strengthen customer experience.

Over the years, bettors have continuously raised issues about delayed or rejected payouts, high transaction fees and commissions, account limitations and others. Considering how these concerns can discourage patrons from engaging with a gaming site, finding a solution should be at the forefront of an online casino's priorities.

Amidst these challenges came blockchain technology, providing online casinos and gamers with solutions to these issues. Through blockchain, players can break out of the traditional ways of accessing and transferring funds, thereby improving their gaming experience. Nowadays, more and more gaming platforms have started adopting blockchain and crypto into their systems.

Sports gambling newbies and old-timers alike are sure to recognize online betting giants Stake is one of the first online casinos that hosted cryptocurrency transactions. None can overlook this site's relevance in the sports gambling, as the company has recently partnered with the European Cricket Championships, which will run from September 12 to October 14 in Malaga.

At present, hosts 18 different cryptocurrencies and continues to enjoy popularity among gamers by offering just about every table game a traditional casino offers. There has been a lot of coverage in latest years on how blockchain has a big future in sports betting, and with the unique properties of this technology, so it's easy to see why. Suffice to say, crypto has eked its place in online betting.

Defining blockchain technology

Blockchain technology works like a universal ledger that everyone in the network can access and manage. However, encryption protects every entry into the system, safeguarding it from unauthorized access. The blockchains are formed with this data that multiple users can access.

All the changes made in a blockchain system are stored and replicated in many databases. Each database will be updated if any changes are made. It means the blockchain records and encrypts all transactions permanently. With this level of security, there are no third parties or intermediaries such as banks or traditional financial institutions involved in blockchain transactions. Also, data updates within a blockchain are completed in a matter of seconds.

Here are other facts about blockchain technology:

Data permanency

As said, any data entered into the blockchain system will be permanently recorded on the space, and anyone who is already in the network has access to these records. Removing data from the blockchain is next to impossible since they're supported by multiple layers of hashes and replicated in all the nodes supporting the block. These nodes can track changes, making them visible to anyone on the network.


As all authorized members have access to the blockchain data, the system will notify everyone on the network on any changes to the system. Because of this centralized validation system, the data becomes incorruptible since any changes to the chain requires everyone's permission. Also, any changes made becomes traceable, promoting accountability within the community.

Data security

The blockchain system is designed to make it nearly impossible to hack into. A hacker might need several days or weeks to find the correct hash codes and combinations that serve as a shield for the data they want to access illegally. Aside from the cryptographic fingerprint, getting approvals from all the people on the chain can be near impossible, making it even more challenging to break into the system or tamper with data.

Access limitations

While there are public blockchain networks where everyone can access their data, users also have the option to create a private network with limited access. You can select participants you want to add and give them access with varying degrees of authorization.

Because the data in blockchain technology is nearly impossible to corrupt, the system became ideal for industries dealing with financial transactions, such as sports gambling.

Advantages of cryptocurrency in sports gambling

Almost all casinos accept crypto for betting due to the value it offers for patrons and gaming houses. Here are some of the advantages of using crypto in sports gambling:

Fewer restrictions

One significant advantage of using crypto in gaming transactions is the lack of geographical restrictions, making funds easily accessible anywhere, anytime a patron wants to play a game. With a crypto wallet, a customer can place bets in the comfort of their homes.

Not only are gamers unhindered by their location, users can transact cryptocurrency freely across platforms without third-party regulations. Unlike fiat money, restrictions may prevent players from moving specific amounts of funds on a given transaction or for a particular purpose.

Depending on the casino's regulations, players might have particular requirements to meet when accessing winnings. Since everything is done virtually, gaming sites must verify accounts and documents before releasing winnings. However, withdrawal limits are rarely imposed, and winnings are almost always readily accessible.

Confidentiality and security

Crypto platforms also allow anonymity with each deposit and withdrawal. You can purchase cryptocurrencies without disclosing personal information or sharing pertinent documents. Some players can even opt to play anonymously if they like.

Besides anonymity, players can enjoy the safety and security offered by transacting through crypto channels. Using blockchain technology, clients can enjoy transparent, traceable and irreversible transactions recorded in an open-source ledger beyond government or bank regulations. Hence, players can fully control their digital currency because no one can access them without authorization.

Accessibility and convenience

Crypto gambling pushes for more convenience as patrons won't have to rely on traditional funding methods such as cash or credit cards. The players will only need internet access, a device and their crypto wallet ready to start betting. They also won't have to worry about withdrawal and deposit limits or clearing periods for bank transfers and check deposits.

Simpler, faster transactions

Time is of the essence in online betting, so players need quick, hassle-free financial transactions to place bets or collect winnings. The faster they can fund their games, the quicker they can join a table or make decisions on where to put their money. All in all, faster financial transactions benefit players and the betting site.

There are many other ways cryptocurrency improves the experience of sports gambling enthusiasts and even those trying their luck for the first time. As crypto casinos offer freedom and flexibility that they can't find on traditional sports betting platforms, it has become the standard in gaming.

Downsides of blockchain technology in sports gambling

While blockchain technology offers many benefits, there's still room for further development and that any system has a set of limitations or drawbacks. Also, even though the technology behind blockchain is solid, the possibility of misuse remains. For one, some companies can pose as legitimate cryptocurrency developers and promise returns to investors without a concrete business plan.

In this case, shady companies and projects rely on the prominence of blockchain technology to lure others into investing their money on their platform. For one, the sports gambling community might become a prime target by these scams as it's easy for users to encounter dubious offers while doing crypto transactions. Hence, it's one downside that players should be watchful of.

Besides this example, here are other disadvantages of using blockchain technology in sports gambling:


There are costs associated with transitioning from traditional payment methods to blockchain technology. For one, a gaming company would need to hire consultants and specialists who can help implement the changes in their operations, especially where blockchain is the focus. The expansion of the workforce would also mean added costs for labour.

Aside from hiring new personnel, companies may also require training for their existing employees. Specialized training is needed to ensure a smooth transition and effective implementation of blockchain technology in their day-to-day activities. Hence, a company must also allocate funds for this endeavour.

Meanwhile, sports betting patrons should also be financially prepared if they want to start using crypto in their transactions. The world's first cryptocurrency, Bitcoin, has reached an all-time high price of USD$68,990.90 (GBP£61,720.29), with other forms of crypto close behind. Considering the present market value of most major decentralized currencies, players must prepare themselves to make substantial investments to fund their gaming activities.

Familiarity and ease of use

One critical factor to consider when using blockchain technology for sports gambling is customer experience. While it's widely popular worldwide, not all players are well-versed with cryptocurrency and other digital assets. This might make them hesitant to use blockchain-based platforms.

The Massachusetts Institute of Technology (MIT) Bitcoin Club has proven that knowledge about cryptocurrency has yet to reach public awareness. The study was conducted on around 5,000 undergraduate students at the said institution. After being given USD$100 (GBP£89.43) in Bitcoin, 50% of the respondents lacked an understanding of the currency's real value and how to utilize it to their financial advantage.

Sports gamers require at least a basic understanding of blockchain technology to optimize their investments and make wise purchasing, betting and withdrawal decisions. The learning curve may look different for each person. However, once understood, players are sure to enjoy the convenience crypto technology brings. Some essential processes players must learn include converting fiat money to crypto and creating a crypto wallet. They'll also need to learn how to secure access codes and sync the crypto wallet to the gaming site.

Besides the players, those who work in the gaming industry must also keep up with the changes that utilizing the blockchain system can bring. It might be a huge step for everyone involved, though the advantages far outweigh the investment required. Also, knowledge about blockchain and crypto can be helpful in other ways, such as when looking for investment channels. Overall, knowing more about blockchain will benefit everyone in the long run.

Impact on job security in the gaming industry

The workforce has also been affected by latest technological advancements, including the growing presence of blockchain technology. Based on data gathered by Statista from 2009 to 2019, the number of betting industry employees in the United Kingdom has significantly dropped by a head count of approximately 9,000 within the said period.

While the sports gambling industry employs many, the workforce landscape may change significantly once blockchain technology becomes fully adapted in the field. Some of those who might get affected are sports booking employees and those in charge of verifying transactions.

Meanwhile, gaming houses and sports booking companies might benefit from reducing the workforce as they'll also have to shoulder fewer labour and management costs.


Blockchain technology being the future of sports gambling shows significant potential, though there's still a possibility of other technologies entering the industry in the years to come. The only certainty at this point is that blockchain technology has become prominent because of its advantages. Both players and casinos benefit from using its features, which promote safety, security, convenience and growth for the gaming industry.
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Tue, 11 Oct 2022 00:58:00 -0500 en-GB text/html
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