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Carlos Moreno Created the 15-Minute City. Conspiracy Theorists … – The New York Times

For most of his40-year career, Carlos Moreno, a scientist andbusiness professor in Paris, worked in relative peace.

Many cities around the world embraced a concept he started to develop in 2010. Called the 15-minute city, the idea is that everyday destinations such as schools, stores and offices should be only a short walk or bike ride away from home. A group of nearly 100 mayors worldwide embraced it as a way to help recover from the pandemic.

The conspiracy theorists came late, but suddenly.

In recent weeks, a deluge of rumors and distortions have taken aim at Mr. Morenos proposal. Driven in part by climate change deniers and backers of the QAnon conspiracy theory, false claims have circulated online, at protests and even in government hearings that 15-minute cities were a precursor to climate change lockdowns urban prison camps in which residents movements would be surveilled and heavily restricted.

Many attacked Mr. Moreno, 63, directly. The professor, who teaches at the University of Paris 1 Panthon-Sorbonne, facedharassment in online forums and over email. He was accused without evidence of being an agent of an invisible totalitarian world government. He was likened to criminals and dictators.

For the first time in his career, he started receiving death threats. People said they wished he and his family had been killed by drug lords, told him that sooner or later your punishment will arrive and proposed that he be nailed into a coffin or run over by a cement roller.

I wasnt a researcher anymore, I was Pol Pot, Stalin, Hitler, Mr. Moreno said. I have become, in one week, Public Enemy No. 1.

For high-profile figures, such as the infectious-disease expert Dr. Anthony S. Fauci and the Microsoft co-founder Bill Gates, misinformation and the hostility it can cause have long been a part of the job description. But increasingly, even professors and researchers without much of a public persona have faced intimidation from extremists and conspiracy theorists.

Many of the recent threats have been directed at scientists studying Covid-19. In a survey of 321 suchscientistswho had given media interviews, the journal Nature found that 22 percent had received threats of physical or sexual violence and 15 percent had received death threats. Last year, an Austrian doctor who was a vocal supporter of vaccines and a repeated target of threats died by suicide.

One epidemiologist keeps a folder on her computer to store all the death threats she receives just in case. A professor of atmospheric science who studied global warming received a letter containing white powder (it looked like anthrax but turned out to be cornstarch). A professor of health law and science policy, in an article touching on his experiences with death threats, lawsuits and online trolling, wrote: My skin is thick. Im used to the hate.

Mr. Morenos work has not been focused on the pandemic, though his 15-minute cities idea has become more popular since it began. Like many of his academic peers who have faced harassment and disinformation campaigns, he is at a loss for ways to protect himself.

Im not totally sure what is the best reaction to respond, to not respond, to call a press conference, to write a press release, he said. Academics, he said, are relatively alone.

Mr. Moreno, who grew up in Colombia, began working as a researcher in a computer science and robotics lab in Paris in 1983; the career that followed involved creating a start-up, meeting the Dalai Lama and being named a knight of the Lgion dHonneur. His work has won several awards and spanned many fields automotive, medical, nuclear, military, even home goods.

Around 2010, he started thinking about how technology could help create sustainable cities. Eventually, he refined hisideas about human smart cities and living cities into his 2016 proposal for 15-minute cities. The idea owes much to its many predecessors: neighborhood units and garden cities in the early 1900s, the community-focused urban planning pioneered by the activist Jane Jacobs in the 1960s, even support for new urbanism and walkable cities in the 1990s. So-called low-traffic neighborhoods, or LTNs, have been set up in several British cities over the past few decades.

Critics of 15-minute cities have been outspoken, arguing that a concept developed in Europe may not translate well to highly segregated American cities. A Harvard economist wrote in a blog post for the London School of Economics and Political Science in 2021 that the concept was a dead end that would exacerbate enormous inequalities in cities by subdividing without connecting them.

Mr. Moreno did not face harassment, however, until conspiracy theorists mistakenly conflated 15-minute cities with the low-traffic-neighborhood idea in Britain.

Efforts to adopt LTNs, which wereapproved for testing last year in centuries-old Oxford, have drawn concerns about whether the traffic reduction measures could cause congestion to spill into surrounding areas or make some properties less accessible. Some people, however, seized on otherelements of the plan including cameras meantto monitor license plates.

The result, according to misinformed conspiracy theorists: A nightmare scenario in which residents would be confined in open-air prisons fenced off into siloed zones. On Feb. 18, when an estimated 2,000 demonstrators converged at a protest in Oxford, some carried signs claiming that 15-minute cities would become ghettos created by the World Economic Forum as a form of tyrannical control.

In fact, LTNs are championed by the Oxfordshire county council; the separate Oxford City Council has cited the 15-minute city asan inspiration for its vision of the city in 2040. As both government bodies noted in an attempt todebunk the rumors, neither proposal involves physical barriers. One concept is concerned with limiting cars, while the other is focused on bringing daily necessities closer to residents.

Still, Jordan Peterson, a Canadian psychologist with four million Twitter followers, suggested that 15-minute cities were perhaps the worst imaginable perversion of the idea of walkable neighborhoods. He linked to a post about the Great Reset, an economic recovery plan proposed by the World Economic Forum that has spawned hordes of rumors about a pandemic-fueled plot to destroy capitalism.

A member of Britains Parliament said that 15-minute cities were an international socialist concept that would cost us our personal freedoms. QAnon supporters said the derailment of a train carrying hazardous chemicals in Ohio was an intentional move meant to push rural residents into 15-minute cities.

Conspiracy-mongers have built a complete story: climate denialism, Covid-19, anti-vax, 5G controlling the brains of citizens, and the 15-minute city for introducing a perimeter for day-to-day life, Mr. Moreno said. This storytelling is totally insane, totally irrational for us, but it makes sense for them.

The multipronged conspiracy theory quickly became turbocharged after the Oxford protest, said Jennie King, head of climate research and policy at the Institute for Strategic Dialogue, a think tank that studies online platforms.

You have this snowball effect of a policy, which in principle was only going to affect a small urban population, getting extrapolated and becoming this crucible where far-right groups, industry-sponsored lobbying groups, conspiracist movements, anti-lockdown groups and more saw an opportunity to insert their worldview into the mainstream and to piggyback on the news cycle, she said.

The vitriol currently directed at Mr. Moreno and researchers like him mirrors the broader erosion of trust in experts and institutions, Ms. King said. Modern conspiracy theorists and extremists turn the people they disagree with into scapegoats for a vast array of societal ills, blaming them personally for causing the high cost of living or various health crises and creating an us-versus-them environment, she said.

The ramped-up rhetoric and thedisintegration of safeguardshas caused many people in the academic community to flee forums like Twitter for more niche sites like Mastodon, Ms. King said. Last year, the American Psychological Association published a feature suggesting that universities form safety offices to help professors filter menacing messages, scrub their personal information from the internet and gain access to counseling.

Mr. Moreno said he did not understand the intensity of the hate directed at him.

I am not a politician, I am not a candidate for anything as a researcher, my duty is to explore and deepen my ideas with scientific methodology, he said. It is totally unbelievable that we could receive a death threat just for working as scientists.

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Carlos Moreno Created the 15-Minute City. Conspiracy Theorists ... - The New York Times

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On the road again – POLITICO – POLITICO

Send tips | Subscribe here | Email Maura | Follow Politico Canada

Thanks for reading Ottawa Playbook. Im your host, Maura Forrest, with Nick Taylor-Vaisey. This week, two parallel budget tours hit the road, the Emergencies Act is under scrutiny (again), and we hear theres some news about DONALD TRUMP. And this morning, well find out which Canadian astronaut gets to fly to the moon.

Prime Minister Justin Trudeau is in Quebec as part of his budget tour today. | Hollie Adams/Getty Images

BUDGET TOUR The House of Commons isnt sitting again until April 17, giving the Liberals (and NDP) plenty of time to criss-cross the country and sell last weeks federal budget to Canadians (or take credit for whats in it).

Prime Minister JUSTIN TRUDEAU is in Quebecs Abitibi region today, visiting two ridings currently held by the Bloc Qubcois. Hell visit a grocery store and hold a town hall with employees of a lithium mine.

Trudeau was in Montreal over the weekend, and made a Sunday evening appearance on Tout le monde en parle the must-watch Quebec talk show where his most notable lines werent about the budget at all.

Election talk: Its been pretty clear for a while now that Trudeau isnt planning an exit anytime soon. But for the record, he told host GUY A. LEPAGE in no uncertain terms that hell be leading the Liberals into the next election.

Migrant deaths: He was also asked about the deaths last week of two migrant families attempting to enter the United States from Canada across the St. Lawrence River in Akwesasne Mohawk territory. Trudeau claimed the tragedy is proof that Canada needs controlled, regular migration, which he said is why his government reached an agreement with the U.S. to extend the Safe Third Country Agreement to the entire border.

Thats an argument unlikely to sit well with refugee advocates, who say the expanded agreement which allowed the government to close the unofficial border checkpoint at Roxham Road in Quebec will drive migrants to attempt more dangerous crossings.

Also worth noting: The PM has launched a new YouTube channel just in time for the budget tour. He already has an official channel, featuring all his official speeches and press conference clips. But this new one offers a more, shall we say, personal touch.

For example, here he is, sitting on his desk, explaining the so-called grocery rebate (7,600 views). Here he is, with a whiteboard, explaining how budgets get made (for some reason, lobbyists dont get a mention here). Here he is, in a hard hat, explaining the electric vehicle supply chain (155 views).

(Just as a point of comparison, Conservative Leader PIERRE POILIEVREs Friday video urging people to fill up their tanks ahead of the annual carbon tax increase has roughly 210,000 views but whos counting?)

Meanwhile: Trudeaus ministers will pop up today at grocery stores, union locals, universities and Royal Canadian Legion branches from Calgary to Newfoundland, where theyll no doubt highlight the budgets affordability measures and tax credits for the low-carbon economy.

NDP Leader JAGMEET SINGH is also on the road as part of his own post-budget victory tour. Hell spend the day in St. Johns, Nfld., where hell claim the governments C$13-billion dental care plan as a major NDP win.

For more on that: Heres the CBCs AARON WHERRY on how dental care is happening now because the Liberals and New Democrats were willing to sign a supply-and-confidence agreement and the NDP needed something to show for it.

ONCE MORE, WITH FEELING The Federal Court will begin hearings this morning on the federal governments invocation of the Emergencies Act during the so-called Freedom Convoy protests in February 2022.

Youll no doubt recall that Justice PAUL ROULEAU, who spearheaded the public inquiry into the use of emergency powers, concluded in February that Trudeau was justified in invoking the act to end the occupation in Ottawa and protests elsewhere in the country.

But civil liberties organizations and groups involved with the protests are taking the government to court in a separate bid to prove the Liberals didnt meet the legal threshold required to invoke the act. The hearings will take place in Ottawa today until Wednesday.

Whats at stake: Its possible the court could reach a different conclusion from Rouleau, who himself found that reasonable and informed people could look at the same situation and decide the use of emergency powers was unwarranted.

The question of whether the legal threshold for invoking the Emergencies Act was met is important not just for evaluating a historical event, but for how it might guide governments in the future, CARA ZWIBEL, a lawyer with the Canadian Civil Liberties Association, said in a statement Friday. Ultimately, it is a question that can only be answered by the courts.

A lone MAGA protester was parked outside Trump Tower on Saturday. | Wesley Parnell for POLITICO

THE INDICTMENT We know, we know, this is a Canadian politics newsletter. But it will be difficult to ignore former U.S. President DONALD TRUMPs expected appearance in a Manhattan courtroom on Tuesday, following his indictment related to alleged hush money payments to porn star STORMY DANIELS.

Here are some of the latest POLITICO offerings on the unprecedented story:

Know someone who could use Ottawa Playbook? Direct them to this link. Five days a week, zero dollars.

Prince Edward Islanders go to the polls today.

Prime Minister JUSTIN TRUDEAU is in Quebecs Abitibi region.

Seniors Minister KAMAL KHERA will attend the United Nations Open Ended Working Group on Ageing, taking place in New York City today until Thursday, where she will deliver Canadas national statement.

7 a.m. The Assembly of First Nations Special Chiefs Assembly begins in Ottawas Shaw Centre with a pipe ceremony.

9:30 a.m. (11 a.m. NDT) NDP Leader JAGMEET SINGH is in St. Johns, Nfld. for a roundtable with seniors on dental care. Hell speak with reporters at 10:45 a.m. (12:15 NDT).

9:30 a.m. The Federal Court will begin hearings in a judicial review of the invocation of the Emergencies Act during the Freedom Convoy protests.

10:30 a.m. The Bank of Canada releases its first quarter issue of the Business Outlook Survey and the latest Canadian Survey of Consumer Expectations.

11 a.m. (10 a.m. CDT) Innovation Minister FRANOIS-PHILIPPE CHAMPAGNE is in Houston, Texas, with Canadian Space Agency President LISA CAMPBELL to reveal the names of astronauts for the Artemis II Moon mission, including one Canadian.

11:25 a.m. Trudeau will visit a grocery store in Val-dOr, Que., before speaking to reporters at 11:45 a.m.

12 p.m. (11 a.m. CDT) NDP MPs JENNY KWAN and LEAH GAZAN will hold a press conference in Emerson, Man., to condemn the governments expansion of the Safe Third Country Agreement.

3:45 p.m. Trudeau will hold a town hall with employees of the Sayona lithium project in La Corne, Que.

5:30 p.m. (7 p.m. NDT) Singh will host a meet and greet in St. Johns, Nfld.

JOB OPENINGS ERIN OTOOLE is out. A little over a year after being ousted from the Conservative leadership, OToole announced in a statement Friday hell be resigning his Durham seat at the end of the spring session.

Heres Globals ALEX BOUTILIER with a look back at OTooles decade in federal politics, his successful leadership bid and unsuccessful election campaign, and the party infighting that cast him out.

The full tally: OTooles exit will soon bring to six the number of federal ridings in need of a byelection, including three others vacated by Conservatives: PortageLisgar (CANDICE BERGEN), Calgary Heritage (BOB BENZEN) and Oxford (DAVE MACKENZIE). Two Liberal seats Winnipeg South Centre (JIM CARR) and Notre-Dame-de-GrceWestmount (MARC GARNEAU) round out the list. Those five byelections will all need to be announced by the end of summer.

But in all six ridings, theres a good chance the real drama will have played out long before voters actually head to the polls. Poll aggregator 338Canada rates all six as safe holds for the incumbent party, meaning the nomination races are likely where its at.

Hence all the fireworks in Oxford, where Conservative party organizer ARPAN KHANNA recently won the partys nomination despite accusations of being a parachute candidate.

And at least five Conservatives are vying for the partys nomination in Bergens former Manitoba seat, including former provincial minister CAMERON FRIESEN and former MP LAWRENCE TOET.

HOW THEY REALLY FEEL Playbook got its hands on the results of a Canada Revenue Agency employee survey. The agency wanted to gauge the vibe among employees who returned to the office to do their day jobs (i.e. not to just pick up mail).

A big caveat: The November survey predated a broad-based return-to-office hybrid regime that kicked in for thousands of workers in January.

The topline numbers: More than 6,400 CRA-ers who had already returned to the office in some capacity took the survey. Fifty-six percent said they still mostly worked from home. Another 27 percent split their time between home and office. The hardcore office workers comprised 17 percent. One in four commuted to an office once a month or less.

Almost every single survey respondent 97 percent accomplished what they expected to accomplish in the office. One in four returned at their bosss request. A mere 16 percent claimed to prefer to work in the office.

Snitch watch: Twenty-eight percent of respondents observed other employees at their CRA office not following safety protocols. (The bold and underline is the agencys formatting.)

Half and half: In November, 56 percent of surveyed employees indicated they were happy to work at a CRA office. Thats a majority! But remember, the survey excluded employees who were still fully work-from-home.

The official word: A spokesperson said the agency intends to maintain key flexibilities in its application of its Directive on Virtual Work Arrangements. The CRA has continuously engaged and consulted on how we will navigate our journey to a hybrid work environment, and will continue to do so.

Are you a CRA employee? Are you happy with your return to the office? Can you simply not wait to arrive for a hard days work? Or are you a homebody? Tell us!

Interim RCMP commissioner MICHAEL DUHEME told CTVs VASSY KAPELOS that the national police force should be able to use CSIS intelligence as evidence in criminal investigations.

The federal government is staring down one of the biggest strikes in Canadian history as public servants push for higher wages, Bloombergs RANDY THANTHONG-KNIGHT reports.

The next federal ethics watchdog will be paid C$110,000 less than the previous commissioners, the National Posts CHRISTOPHER NARDI learned.

MARK SUTCLIFFE and CATHERINE MCKENNEY raised similar amounts during the Ottawa mayoral election campaign, but in very different ways, the CBCs JOANNE CHIANELLO reports. Sutcliffe, who won the race, raised C$300,000 from just 250 people who donated the maximum amount. Among the names? DALTON MCGUINTY, MICHELLE COATES-MATHER, KORY TENECKYE and CHRIS FROGGATT. Former mayor JIM WATSON also gave C$500.

Ontarios chief electoral officer wants a ban on publishing the results of political polls for the last two weeks before an election, the CBCs MIKE CRAWLEY reports. Poll guru RIC GRENIER has thoughts.

And the CBCs JOHN PAUL TASKER writes that the cost to run the federal government is up C$151 billion since Trudeau took office.

For POLITICO Pro subscribers, our latest policy newsletter from ZI-ANN LUM and JOSEPH GEDEON: Exit interview with the Business Councils John Dillon.

In other news for Pro subscribers:

Lost in translation: Washington and Brussels face pushback on effort to patch trade rift.

IRS rules for electric cars unveiled after months of attacks.

Environmentalists alarmed by push to undermine New Yorks climate law.

How the climate movement learned to win in Washington.

Biden-backed California rule pushes clean trucks.

Birthdays: HBD to former senator DANIEL LANG.

Spotted: HAN DONG, serving Global News and SAM COOPER with a libel notice for a story alleging he advised a Chinese diplomat to delay the release of the two Michaels.

TASHA KHEIRIDDIN, accusing PIERRE POILIEVRE of revisionist history for claiming the Wright brothers were simple, common men.

The WESTERN STANDARD, going all in on April Fools Day JORDAN PETERSON, apparently falling for it.

Elsewhere, with attempts at April Fools Day humor: BOB RAE and the BLOC QUBCOIS.

Another UCP candidate, TUNDE OBASAN, bowing out Meanwhile, RAJAN SAWHNEY, a provincial minister who had said she wouldnt run again, is now the UCP candidate in the riding held by Environment Minister SONYA SAVAGE, who has also announced she wont seek re-election.

NDP MP CHARLIE ANGUS, accusing former B.C. NDP premier JOHN HORGAN of cashing in as the planet burns for joining the board of a coal company.

PIERRE POILIEVRE, making a Very Funny Joke.

Movers and shakers: SABRINA KIM starts today as director of issues management for Natural Resources Minister JONATHAN WILKINSON. Kim was most recently d-comm and head of issues management for Defense Minister ANITA ANAND and also served stints in the Prime Ministers Office and for two environment ministers.

Got a document to share? A birthday coming up? Send it all our way.

Find the latest House committee meetings here.

Keep track of Senate committees here.

Fridays answer: Former Ottawa mayor CHARLOTTE WHITTON was the first woman mayor of a major Canadian city. She served from 1951 to 1956 and again from 1960 to 1964.

Props to SUSAN KEYS, BILL PRISTANSKI, GERMAINE MALABRE, ALYSON FAIR, ROBERT MCDOUGALL, RALPH LEVENSTEIN, DAN MCCARTHY, SHAUGHN MCARTHUR, LAURA JARVIS, DOUG SWEET, GEORGE YOUNG, DIANNE BRYDON, BOB GORDON, JOHN DILLON, NANCI WAUGH, BARRE CAMPBELL, PATRICK DION, CAROLYN MCCRIMMON, JOHN ECKER, JOE MACDONALD and GUY SKIPWORTH.

Todays question comes to us from reader DOUG SWEET: Canadas third prime minister had a much more famous great-grandson. Name them both.

Send your answer to [emailprotected]

Playbook wouldnt happen without: Luiza Ch. Savage, Sue Allan and David Cohen.

Want to grab the attention of movers and shakers on Parliament Hill? Want your brand in front of a key audience of Ottawa influencers? Playbook can help. Contact Jesse Shapiro to find out how: [emailprotected].

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Astar Network To Launch Smart Contracts 2.0 on the Mainnet on April 6th – The Defiant – DeFi News

Tokyo, Japan, April 3rd, 2023, Chainwire

On WASM Launch Day, Astar along with Polkadot and other ecosystem partners will host a virtual panel discussion with developers

Astar Network, a smart contracts platform for multichain, is thrilled to announce that it will launch Smart Contracts 2.0 the WebAssembly (WASM) smart contracts that extend the Web3 functionality of EVM on the mainnet at 14:00 UTC on Thursday, April 06th. With this technical update, Astar Network will support both Ethereum Virtual Machine (EVM) and WASM VM smart contracts on the mainnet.

Astar Network is hosting a virtual celebration with the entire Web3 community, called WASM Launch Day. Interested developers, Web3 enthusiasts, and those new to crypto can RSVP for the live panel discussion on WASM Launch Day here. Astars Founder Sota Watanabe, Head of Growth Maarten Henskens, and Polkadot developers along with the leading infrastructure teams will discuss how WASM will revolutionize blockchain.

With our next level smart contracts, you can create a WASM or EVM project, and you can create new multichain applications. Anyone can also connect their Astar project to any Polkadot or EVM ecosystem. There are no limitations on what you can build. This is the next level of smart contracts! said Sota Watanabe, Founder of Astar Network.

Moreover, Astar Network will hold a virtual meet-up with Parity, Phala, DIA, SubWallet, Brushfam & Subsquid the infrastructure partners that will build the foundation of Astars WASM environment. Developers will also be apprised of how to create a promising multichain network on Astar.

On April 6th, Astar Network will become the first Polkadot parachain to support a stable WASM environment by enabling ink! smart contracts. Software developers will be able to build with Polkadot, too, thanks to the XCM functionality.

Astar Network supports both the Ethereum Virtual Machine (EVM) and WebAssembly (WASM) smart contract environments. Having two VMs simultaneously and making them interactive is a key success factor for an emerging Layer-1 blockchain. Though Ethereum brought us the Web3 revolution with the introduction of smart contracts, it cannot build the innovative future of blockchain alone.

WASM VM enables new developers to begin their Web3 journey on Astar since it is compatible with many programming languages including C/C++, GO, TypeScript, Java, and RUST. Developers dont need to learn a new programming language from scratch to start building. They can build with the language they are already familiar with. The variety of tools and resources used by software developers can now be integrated with Astar technology.

As one of the leading teams pushing WASM and EVM smart contract environments that allow developers to deploy dApps with ease, Astar is committed to bettering the infrastructure around Wasm and ink! within the Polkadot ecosystem.

Astar Network supports the building of dApps with EVM and WASM smart contracts and offers developers true interoperability with cross-consensus messaging (XCM) and a cross-virtual machine (XVM). Astars unique Build2Earn model empowers developers to get paid through a dApp staking mechanism for their code and the dApps they build.

One of the first parachains to come to the Polkadot ecosystem, Astar is a vibrant network that is supported by all major exchanges and tier 1 VCs. Astar offers the flexibility of all Ethereum and WASM toolings for developers to start building their dApps. To accelerate growth on Polkadot and Kusama Networks, Astar SpaceLabs offers an Incubation Hub for top TVL dApps.

For more information, visit: Website | Twitter | Discord | Telegram | GitHub | Reddit

Maarten Henskens[emailprotected]

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Astar Network To Launch Smart Contracts 2.0 on the Mainnet on April 6th - The Defiant - DeFi News

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The Role of Enterprise Ethereum: Applications, Benefits, and Challenges – Finance Magnates

EnterpriseEthereum is a blockchain network created primarily for enterprises. It is builton the Ethereum blockchain, which is well-known for its adaptability and scalability.This article will look into Enterprise Ethereum's position in business,including its applications, benefits, and challenges.

EnterpriseEthereum is a blockchain technology intended specifically for enterprises. Itis built on the Ethereum blockchain, a decentralized platform that allows forthe development of smart contracts and decentralized apps. (DApps). EnterpriseEthereum is a private blockchain, which means that only authorized users mayaccess it.

EnterpriseEthereum has several business applications. Among the most importantapplications are:

Supply chainmanagement is a fundamental use of Enterprise Ethereum. It can be used to tracethe flow of commodities, validate product authenticity, and streamline supplychain operations. Many supply chain management procedures, such as checking thelegitimacy of items and completing payments, can be automated using smartcontracts.

Keep Reading

Identitymanagement is another Enterprise Ethereum application. It can be used to manageand verify identities securely, lowering the risk of identity theft and fraud.Smart contracts can be used to maintain identification information and giveauthorized users secure access.

Ethereum can beutilized in financial services as well. It can be used to simplify paymentprocedures, lower transaction costs, and improve transparency. Smart contractscan be used to automate numerous financial services procedures, such as paymentexecution and contract management.

EnterpriseEthereum provides various advantages to enterprises. Among the many advantagesare:

By automatingmany of the processes involved in company operations, Ethereum can assist toboost efficiency. Smart contracts can be used to automate operations likeconfirming the legitimacy of items, making payments, and monitoring contracts.

This can helpto reduce the amount of time and resources needed to complete transactions,hence enhancing efficiency and production.

EnterpriseEthereum provides greater security than typical commercial platforms.Transactions are safe and tamper-proof due to the usage of blockchaintechnology. Smart contracts are also intended to be tamper-proof, which meansthey cannot be changed after they have been executed.

As a result,Enterprise Ethereum offers a safe and dependable means to execute transactions.

By eliminatingthe need for intermediaries, such as banks or attorneys, Ethereum can assist tominimize transaction costs. Smart contracts can be used to perform transactionswithout the involvement of middlemen, lowering transaction costs and enhancingprofitability.

WhileEnterprise Ethereum has many advantages for organizations, it has certaindrawbacks. Among the major challenges are:

EnterpriseEthereum is a difficult technology that must be used with technical skills. Touse Enterprise Ethereum efficiently, businesses must have a solid understandingof blockchain technology and smart contracts. This may necessitate substantial investment in training and development.

It can bedifficult to integrate Enterprise Ethereum with legacy systems. Businesses mustverify that their existing systems are Enterprise Ethereum compliant, which maynecessitate significant investment in technical infrastructure.

EnterpriseEthereum adoption may also generate regulatory compliance concerns. Businessesmust ensure that their activities are in accordance with applicable laws andregulations, which can be complicated and time-consuming.

One of the keybenefits of Enterprise Ethereum is its ability to enable new forms ofcollaboration and cooperation between businesses.

Smartcontracts, a key feature of Enterprise Ethereum, are self-executing contractswith the terms of the agreement between parties being directly written intocode. This means that once the conditions specified in the contract are met,the contract automatically executes without the need for intermediaries orthird parties. Smart contracts can automate many aspects of inter-businesstransactions, such as payment processing, supply chain management, and legaloperations.

One of the mainbenefits of smart contracts in Enterprise Ethereum is that they can reducefriction and improve efficiency in business-to-business interactions. Byautomating processes and removing intermediaries, businesses can reduce costs,eliminate errors, and streamline their operations. This can significantlyreduce the time and effort required for these tasks, allowing businesses tofocus on their core activities.

Smart contractsin Enterprise Ethereum can also enable more seamless collaboration betweenbusinesses. For example, in supply chain management, smart contracts canautomate the process of verifying the authenticity and quality of goods,reducing the risk of fraud and enabling faster and more secure transactions.Additionally, smart contracts can automate the process of dispute resolution,reducing the time and effort required to resolve disputes between parties.

Another waythat Enterprise Ethereum can enable new forms of collaboration is through theuse of decentralized applications (dApps). dApps are software applications thatrun on the Ethereum blockchain, enabling secure and transparent transactionsbetween parties. They can be used for a variety of purposes, such asdecentralized finance (DeFi), supply chain management, and identityverification.

By using dAppsbuilt on Enterprise Ethereum, businesses can collaborate and cooperate in newways. For example, in DeFi, businesses can participate in decentralized lendingand borrowing, enabling faster and more secure transactions than traditionalbanking systems. In supply chain management, businesses can collaborate toimprove efficiency and transparency in the supply chain, reducing costs andimproving customer satisfaction.

EnterpriseEthereum provides various benefits to enterprises, including higherproductivity, improved security, and lower costs. However, it does provideseveral obstacles, including technical complexity, interaction with oldersystems, and regulatory compliance.

Overall,Enterprise Ethereum can assist firms in streamlining operations, loweringexpenses, and increasing profitability. However, before incorporatingEnterprise Ethereum into their processes, organizations must carefully assessthe opportunities and problems it presents.

EnterpriseEthereum, with careful planning and execution, has the ability to alter the wayorganizations function and communicate with one another, enabling secure andtransparent transactions without the need for middlemen.

As EnterpriseEthereum evolves and matures, we should expect to see even more inventivecorporate use cases and applications. Businesses will be able to streamlineprocesses, decrease costs, and boost efficiency by utilizing smart contractsand decentralized applications, while also improving security and transparency.

Overall,Enterprise Ethereum plays an important and expanding role in business. Whilethere are some challenges to overcome, the benefits of using EnterpriseEthereum are significant, and it is becoming a more popular choice forbusinesses looking to streamline operations and improve efficiency.

We shouldanticipate seeing many more fascinating advancements in the application ofEnterprise Ethereum in business as the technology evolves and matures.

EnterpriseEthereum is a blockchain network created primarily for enterprises. It is builton the Ethereum blockchain, which is well-known for its adaptability and scalability.This article will look into Enterprise Ethereum's position in business,including its applications, benefits, and challenges.

EnterpriseEthereum is a blockchain technology intended specifically for enterprises. Itis built on the Ethereum blockchain, a decentralized platform that allows forthe development of smart contracts and decentralized apps. (DApps). EnterpriseEthereum is a private blockchain, which means that only authorized users mayaccess it.

EnterpriseEthereum has several business applications. Among the most importantapplications are:

Supply chainmanagement is a fundamental use of Enterprise Ethereum. It can be used to tracethe flow of commodities, validate product authenticity, and streamline supplychain operations. Many supply chain management procedures, such as checking thelegitimacy of items and completing payments, can be automated using smartcontracts.

Keep Reading

Identitymanagement is another Enterprise Ethereum application. It can be used to manageand verify identities securely, lowering the risk of identity theft and fraud.Smart contracts can be used to maintain identification information and giveauthorized users secure access.

Ethereum can beutilized in financial services as well. It can be used to simplify paymentprocedures, lower transaction costs, and improve transparency. Smart contractscan be used to automate numerous financial services procedures, such as paymentexecution and contract management.

EnterpriseEthereum provides various advantages to enterprises. Among the many advantagesare:

By automatingmany of the processes involved in company operations, Ethereum can assist toboost efficiency. Smart contracts can be used to automate operations likeconfirming the legitimacy of items, making payments, and monitoring contracts.

This can helpto reduce the amount of time and resources needed to complete transactions,hence enhancing efficiency and production.

EnterpriseEthereum provides greater security than typical commercial platforms.Transactions are safe and tamper-proof due to the usage of blockchaintechnology. Smart contracts are also intended to be tamper-proof, which meansthey cannot be changed after they have been executed.

As a result,Enterprise Ethereum offers a safe and dependable means to execute transactions.

By eliminatingthe need for intermediaries, such as banks or attorneys, Ethereum can assist tominimize transaction costs. Smart contracts can be used to perform transactionswithout the involvement of middlemen, lowering transaction costs and enhancingprofitability.

WhileEnterprise Ethereum has many advantages for organizations, it has certaindrawbacks. Among the major challenges are:

EnterpriseEthereum is a difficult technology that must be used with technical skills. Touse Enterprise Ethereum efficiently, businesses must have a solid understandingof blockchain technology and smart contracts. This may necessitate substantial investment in training and development.

It can bedifficult to integrate Enterprise Ethereum with legacy systems. Businesses mustverify that their existing systems are Enterprise Ethereum compliant, which maynecessitate significant investment in technical infrastructure.

EnterpriseEthereum adoption may also generate regulatory compliance concerns. Businessesmust ensure that their activities are in accordance with applicable laws andregulations, which can be complicated and time-consuming.

One of the keybenefits of Enterprise Ethereum is its ability to enable new forms ofcollaboration and cooperation between businesses.

Smartcontracts, a key feature of Enterprise Ethereum, are self-executing contractswith the terms of the agreement between parties being directly written intocode. This means that once the conditions specified in the contract are met,the contract automatically executes without the need for intermediaries orthird parties. Smart contracts can automate many aspects of inter-businesstransactions, such as payment processing, supply chain management, and legaloperations.

One of the mainbenefits of smart contracts in Enterprise Ethereum is that they can reducefriction and improve efficiency in business-to-business interactions. Byautomating processes and removing intermediaries, businesses can reduce costs,eliminate errors, and streamline their operations. This can significantlyreduce the time and effort required for these tasks, allowing businesses tofocus on their core activities.

Smart contractsin Enterprise Ethereum can also enable more seamless collaboration betweenbusinesses. For example, in supply chain management, smart contracts canautomate the process of verifying the authenticity and quality of goods,reducing the risk of fraud and enabling faster and more secure transactions.Additionally, smart contracts can automate the process of dispute resolution,reducing the time and effort required to resolve disputes between parties.

Another waythat Enterprise Ethereum can enable new forms of collaboration is through theuse of decentralized applications (dApps). dApps are software applications thatrun on the Ethereum blockchain, enabling secure and transparent transactionsbetween parties. They can be used for a variety of purposes, such asdecentralized finance (DeFi), supply chain management, and identityverification.

By using dAppsbuilt on Enterprise Ethereum, businesses can collaborate and cooperate in newways. For example, in DeFi, businesses can participate in decentralized lendingand borrowing, enabling faster and more secure transactions than traditionalbanking systems. In supply chain management, businesses can collaborate toimprove efficiency and transparency in the supply chain, reducing costs andimproving customer satisfaction.

EnterpriseEthereum provides various benefits to enterprises, including higherproductivity, improved security, and lower costs. However, it does provideseveral obstacles, including technical complexity, interaction with oldersystems, and regulatory compliance.

Overall,Enterprise Ethereum can assist firms in streamlining operations, loweringexpenses, and increasing profitability. However, before incorporatingEnterprise Ethereum into their processes, organizations must carefully assessthe opportunities and problems it presents.

EnterpriseEthereum, with careful planning and execution, has the ability to alter the wayorganizations function and communicate with one another, enabling secure andtransparent transactions without the need for middlemen.

As EnterpriseEthereum evolves and matures, we should expect to see even more inventivecorporate use cases and applications. Businesses will be able to streamlineprocesses, decrease costs, and boost efficiency by utilizing smart contractsand decentralized applications, while also improving security and transparency.

Overall,Enterprise Ethereum plays an important and expanding role in business. Whilethere are some challenges to overcome, the benefits of using EnterpriseEthereum are significant, and it is becoming a more popular choice forbusinesses looking to streamline operations and improve efficiency.

We shouldanticipate seeing many more fascinating advancements in the application ofEnterprise Ethereum in business as the technology evolves and matures.

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Cryptocurrencies To Watch: Week of April 3 – Investopedia

Keep an Eye on These Coins

The latest week was good one for the cryptocurrency market, all things considered. Bitcoin managed to stay close to $28,000, which bodes well for support levels. Investors are hopeful this momentum will carry forward into the new quarter and help propel crypto to its higher prices of a few years ago. Some tokens, in particular, look as if they may gain momentum along with Bitcoin.

This week, we examine Stellar (XLM), Hedera (HBAR), Frax Share (FXS), Zilliqa (ZIL), and Cardano (ADA). In selecting these assets, we have considered several factors, including positive technical developments, significant news events, and noticeable price changes.

Stellars XLM coin price is up about 16%, most likely because the Central Bank of Brazil said it would pilot a central bank digital currency (CBDC) on the blockchain. The agency is testing a digital version of its currency, the Brazilian real.

Another potential reason for this price boost is the fact that Pendulum, a traditional finance infrastructure blockchain, said it would create a bridge connecting Polkadot infrastructure to Stellars blockchain.

This bridgea term for infrastructure that connects two blockchain ecosystemswill allow Polkadot to tap into Stellars solutions. Polkadot is a protocol that connects various blockchains, establishing interoperability. XLM is priced at around 10.8 cents. Last week, it was trading at around 09.3 cents (see chart below).

XLM Price: TradingView

Hedera (HBAR) gained about 18%, possibly because a Mastercard-backed blockchain app migrated to the network. The app is Fresh Supply Co., the largest user of Mastercard Provenance, a blockchain-based traceability solution.

Hedera said Fresh Supply Co.s tokenization of assets and events will foster transparency and deep, verifiable data for financiers. The company works in the agriculture business and offers solutions to other lenders.

Hedera also was recognized by the Biden administration for its role in recognizing human rights in the crypto industry. At the recent Summit for Democracy, Hedera committed to convening a democracy roundtable on how blockchain technologies could support human rights, transparency, and sustainability. HBAR is changing hands at about 7.1 cents, rising from around 6.1 cents last week (see chart below).

HBAR Price: TradingView

Frax Share (FXS)'s price rose by about 20%, perhaps as a result of Frax Finance's vote to fully collateralize its $1 billion market-capitalization stablecoin, called FRAX. Frax Finance is the community that helps steer the future of the project's stablecoin and protocol by voting on various decisions. This vote means that the collateral ratio of the Frax protocol is now 100%.

Ethereums upcoming Shanghai upgrade also may have played a role in boosting the price of FXS. The upgrade has led to increased activity and prices for liquid staking solutions, and Frax Finances frxETH has outpaced others, according to one crypto research firm. The Shanghai upgrade will allow users to withdraw staked ETH, Ethereum's native token, on the network, which is a significant development.

Liquid staking solutions are ways for users to participate in ETH staking without meeting the hefty minimum requirement of 32 ETH, while also allowing them to unstake at any time. The advantage of Fraxs liquid staking option is its leverage of the overall ecosystem to maximize yield and earn interest. FXS is trading around $9.15. Last week, it was approximately $7.73 (see chart below).

FXS Price: TradingView

Zilliqa (ZIL)'s price nearly 15%, possibly because of anticipation for the Zilliqa Ethereum Virtual Machine (EVM). EVM is a software platform used to build applications on Ethereum and other protocols that have EVM compatibility. The imminent release in late April of EVM compatibility to the Zilliqa mainnet would allow smart contracts written in the Solidity programming language to be deployed natively on Zilliqa.

Smart contracts are programs that operate on blockchain networks, resulting in more diverse applications. ZIL is currently valued at around 3 cents, up from about 2.7 cents last week (see chart below).

ZIL Price: TradingView

Cardanos ADA token experienced a price bump of about 12%, most likely because of improved development activity on the network. Information from crypto data feed Santiment showed a gain in this metric over the past week. The Cardano team also published an updated roadmap for Hydra, a Layer-2 scalability solutiona means for developers to increase transaction speed and lower transaction costs on the network.

Another possible reason could be evidence of the benefits of the Valentine upgrade hard fork emerging. This upgrade, introduced in February, improved security and interoperability on the network, which bodes well for the overall health of the ecosystem. It could have directly led to increased development activity. ADA is trading at around 40 cents. This time last week, it was about 35 cents (see chart below).

ADA Price: TradingView

As of the date this article was written, the author does not own any of the assets discussed here.

The comments, opinions, and analyses expressed on Investopedia are for informational purposes online. Read ourwarranty and liability disclaimerfor more info.

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Stacks [STX] gains newfound attention from investors, but will its uptrend last – AMBCrypto News

As a new week begins, assets that were deprived of attention in the last seven days have been getting noticed by investors. Stacks [STX], the Bitcoin [BTC] layer for smart contracts, was one such token, as revealed by LunarCrush.

Read Stacks [STX] Price Prediction 2023-2024

According to the social intelligence provider for the crypto industry, Stacks social engagements, mentions, and dominance jumped over 100% in the last 24 hours. This hike implied that the community interaction, discussion, and traction were at incredibly top levels from a social perspective.

Although the increase had subdued a little, the perception around the token had bullish tendencies. An in-depth assessment of LunarCrush showed that bullish sentiment had increased by 95% between 2 April and press time.

But the average bearish sentiment also had a similar trend. The metric specifically looked at posts that suggest cynicism over time. Therefore, STX was still subject to negative image despite its 316% 90-day price increase.

However, STX rode with the expectations of the bulls, increasing by 3.82% in the last 24 hours.

Based on the daily chart, the 20 EMA (purple), which had crossed the 50 EMA (yellow) on 23 January, had maintained the same position at the time of writing. This stance implied that traders were bullish on STX, and the cryptocurrency had the potential to establish a new uptrend.

Furthermore, the Moving Average Convergence Divergence (MACD) displayed a different trend from the EMAs. The MACD condition, as of this writing, showed that the orange dynamic lines rose above the blue.

Another notable part of the MACD trend was how it crossed the signal line (arrowed) into the downward path. Hence, this could serve as a confirmation of the corresponding bearish trend.

Besides its price action, there has been significant change in Stacks Total Value Locked (TVL). The TVL measures the amount of unique smart contract deposits in a protocol. Up until 25 March, Stacks TVL was on a rapid increase.

Realistic or not, heres STXs market cap in BTCs terms

However, since 26 March, the value had significantly dwindled, bottoming at $25.5 million. This decrease meant that Stacks was beginning to lack usability among investors. Moreover, these participants were no longer willing to lock up assets in the projects linked contracts.

However, it seemed that STX remained one of traders top options, mostly in part due to its 24-hour 230% rise in volume. Such a high rate depicted that a lot of buying and selling was going on with the token at press time.

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Justice Dept. Seizes Over $112M in Funds Linked to Cryptocurrency … – Department of Justice

LOS ANGELES The Department of Justice announced today that it has seized virtual currency worth an estimated $112 million linked to cryptocurrency investment scams commonly called pig butchering.

Seizure warrants for six virtual currency accounts were authorized by judges in Los Angeles, the District of Arizona, and the District of Idaho. In the Los Angeles matter, a United States magistrate judge authorized the seizure of an account containing approximately $66.4 million in various cryptocurrencies after finding probable cause that the funds were derived from wire fraud schemes.

According to court documents, the six virtual currency accounts were used to launder proceeds of various cryptocurrency confidence scams. In these schemes, fraudsters cultivated long-term, online relationships with victims, eventually enticing them to make investments in fraudulent cryptocurrency trading platforms. In reality, the funds sent by victims for these purported investments were instead funneled to cryptocurrency addresses and accounts controlled by scammers and their co-conspirators.

The victims in Pig Butchering schemes are referred to as pigs by the scammers because the scammers will use elaborate storylines to fatten up victims into believing they are in a romantic or otherwise close personal relationship, according to the affidavit in support of the Los Angeles seizure warrant. Once the victim places enough trust in the scammer, the scammer brings the victim into a cryptocurrency investment scheme.

The scammer attempts to create the appearance of legitimacy by fabricating websites or mobile apps to display a bogus investment portfolio with large returns, the affidavit states. In relation to the Los Angeles-based account seizure, the FBI has identified at least 10 victims who were unable to withdraw funds they had invested, with the seized account containing some funds from all 10 victims.

Authorities executed the Los Angeles seizure warrant in December and received the last transfer of cryptocurrency on March 21.

Using the methods of traditional con artists, high-tech fraudsters have taken advantage of the publicity and hype surrounding cryptocurrency to encourage an untold number of Americans to invest in get-rich-quick schemes, said United States Attorney Martin Estrada. We all know that investment scams are not new, but the use of digital currency to commit fraud presents new challenges to victims and to law enforcement trying to recover lost funds which likely total billions of dollars in the so-called pig butchering schemes. The major seizures announced today show that law enforcement is confronting the new challenges and taking strong measures to address this fraud, but the public should be extremely wary of investment scams that use cryptocurrency and promise unrealistic returns.

The affidavit in the Los Angeles seizure warrant discussed a series of cryptocurrency investment scams, one of which targeted a professional woman who was contacted on LinkedIn by a man who used the name Fei Kuang. After learning that the victim already had a small cryptocurrency account, Fei Kuang offered to help the victim, eventually convincing her to invest more money and to move her funds to another, presumably fraudulent, trading exchange. When she tried to withdraw her funds, she was told she had to pay a 20% in taxes. When the trading platform continued to demand more money, the woman realized she was the victim of a scam which cost her approximately $2.5 million.

Transnational criminal organizations are combining confidence scams with technological savvy to swindle Americans out of their hard-earned funds, said Assistant Attorney General Kenneth A. Polite, Jr. of the Justice Departments Criminal Division. These particularly vicious frauds where scammers carefully cultivate relationships with their victims over time have devastated families and cost individuals their life savings. Now that we have seized this virtual currency, we will seek to swiftly return it to victims. In addition to our tireless efforts to disrupt these schemes, we must also work to raise public awareness and help inform potential victims: be wary of people you meet online; seriously question investment advice, especially about cryptocurrency, from people you have not met in person; and remember, investments that seem too good to be true, usually are.

In 2022, investment fraud caused the highest losses of any scam reported by the public to the FBIs Internet Crimes Complaint Center (IC3), totaling $3.31 billion. Frauds involving cryptocurrency, including pig butchering, represented most of these scams, increasing 183% from 2021 to $2.57 billion in reported losses last year.

According to the FBI, the highest number of reports came from victims between the ages of 30 and 49. In these schemes, often called Sha Zhu Pan, a Chinese phrase that loosely translates to pig butchering, scammers often target their victims through social networking and online communications platforms, dating websites, and phone calls and text messages that are meant to appear to have been misdialed. After gaining the trust of their victims sometimes over a period of months scammers eventually introduce the idea of trading in cryptocurrency. They then direct victims to cryptocurrency investment platforms or to co-conspirators posing as investment advisors or customer service representatives. Scammers control websites that are built to look like legitimate trading platforms, applications that victims download onto their phones, or malicious smart contracts accessed through cryptocurrency wallet software.

Once victims make an initial investment, the platforms purport to show substantial gains. Sometimes, victims are even allowed to withdraw some of these initial gains to further engender trust in the scheme. It is not until a large investment is made that victims find that they are unable to withdraw their funds.

Even when a victim is denied access to their funds, the fraud is often not yet over. Scammers request additional investments, taxes or fees, promising that these payments will allow victims access to their accounts. These scam operations often continue to steal from their victims and do not stop until they have deprived victims of any remaining savings.

Depriving scam organizations of their ill-gotten gains is an important part of our strategy to combat these ruthless schemes, said Director Eun Young Choi of the Criminal Divisions National Cryptocurrency Enforcement Team (NCET). We will continue to use all tools at our disposal to disrupt and deter cryptocurrency confidence schemes, including by following the money on the blockchain and seizing cryptocurrency to return funds to victims, and by targeting and taking down online infrastructure used by the scammers. Todays announcements also demonstrate the value of early notification by victims to law enforcement; we thank those victims who came forward to notify the FBI when they were targeted by this scheme.

The FBI Phoenix Division is investigating the matter that resulted in seizures announced today.

Assistant United States Attorney Daniel Boyle of the Asset Forfeiture and Recovery Section is handling the Los Angeles case. The other cases are being handled by the District of Arizona and the District of Idaho. The NCET and the Criminal Divisions Fraud Section provided substantial assistance and coordination.

If you or someone you know is a victim, visit http://www.fbi.gov/cryptoguard, contact your local FBI field office (the Los Angeles Field Office can be reached at 310-477-6565), call 1-800-CALL-FBI, or report it to IC3.gov. In your complaint, please reference, Pig Butchering PSA. Include as much information as possible in your complaint including names of investment platforms, cryptocurrency addresses and transaction hashes, bank account information, and names and contact information of suspected scammers. Maintain copies of all communications with scammers and records of financial transactions.

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Steps to A Blockchain Industry Consulting Career: Maximizing … – Cryptopolitan

Blockchain technology has been rapidly gaining attention and popularity in recent years for its potential to revolutionize various industries, including finance, healthcare, and supply chain management. As the technology continues to evolve, so does the demand for professionals with blockchain expertise. Consulting has emerged as a lucrative career path for those with knowledge and skills in this field. In this article, we will explore the steps to start a consulting career in the blockchain industry and take advantage of the opportunities presented by this emerging technology.

To start a consulting career in the blockchain industry, it is essential to understand the fundamentals of blockchain technology. The first aspect is to have a basic understanding of blockchain and distributed ledger technology. Blockchain is a decentralized digital ledger technology that uses a distributed network of computers to keep track of transactions. It is transparent, secure, and immutable, which makes it an attractive option for various industries. Understanding how the technology works and its potential applications can provide valuable insights to clients seeking to incorporate blockchain into their business models.

Another important aspect of blockchain technology is the concept of cryptocurrencies and digital assets. Cryptocurrencies, such as Bitcoin and Ethereum, are digital currencies that operate on blockchain technology. Digital assets, on the other hand, are tokens or assets that are represented on a blockchain. Understanding the differences between the two and how they operate can provide insights into the potential uses and challenges of incorporating blockchain technology into financial systems.

Smart contracts and decentralized applications (dApps) are also key components of blockchain technology. Smart contracts are self-executing contracts that are recorded on a blockchain, allowing for the automation of processes and transactions. dApps, on the other hand, are decentralized applications that operate on blockchain technology. Understanding how these technologies work and their potential applications can provide valuable insights for clients seeking to incorporate blockchain technology into their business models.

Finally, it is essential to have a good grasp of consensus mechanisms and network security. Consensus mechanisms are the mechanisms used by blockchain networks to reach agreement on the state of the network. Understanding how they work and their strengths and weaknesses can provide valuable insights for clients seeking to build or join a blockchain network. Network security is also critical, as blockchain networks can be vulnerable to attacks. Understanding the potential vulnerabilities and how to mitigate them can provide valuable insights to clients seeking to implement blockchain technology.

To develop a successful career in the blockchain industry, it is important to acquire relevant skills and expertise. One of the key skills to have is programming languages. Knowledge of programming languages such as Solidity, JavaScript, and Python is crucial for developing smart contracts and decentralized applications (dApps) on the blockchain. Furthermore, expertise in cryptography and cybersecurity is necessary to ensure the security of the network, protect users data, and prevent attacks on the system.

In addition to technical skills, proficiency in data analysis and visualization is also valuable in the blockchain industry. As the use of blockchain technology generates large amounts of data, it is important to analyze and visualize this data to draw insights and make informed decisions. Project management and business analysis skills are also essential in the blockchain industry, as blockchain-based projects often involve multiple stakeholders, complex processes, and changing regulatory landscapes. Finally, excellent communication and presentation skills are vital in the consulting field, as it is important to communicate complex technical concepts and solutions to non-technical stakeholders in a clear and concise manner.

Gaining industry experience is crucial for building a successful consulting career in the blockchain industry. One way to gain experience is through internships or entry-level positions in blockchain-related companies. These positions offer hands-on experience and exposure to the latest technologies and trends in the industry.

Collaborating on open-source blockchain projects is another way to gain experience and build a portfolio of work. Open-source projects provide opportunities to work with other developers and gain exposure to the development process of real-world blockchain applications.

Participating in hackathons and blockchain conferences is also a great way to gain experience and network with professionals in the industry. Hackathons provide an opportunity to work on real-world blockchain challenges and showcase your skills and expertise. Attending blockchain conferences provides a chance to learn about the latest developments in the industry and network with potential employers and clients.

Networking with professionals in the blockchain industry is essential for gaining industry experience. Building relationships with professionals in the industry can lead to job opportunities and collaborations on blockchain projects. Attending networking events, joining industry groups, and participating in online forums are all effective ways to connect with professionals in the industry.

Acquiring professional certifications is an excellent way to validate your expertise in the blockchain industry. The most popular blockchain certifications include the Certified Blockchain Professional (CBCP) and Certified Blockchain Developer (CBCD), which assess knowledge of blockchain fundamentals, smart contract development, and use cases. These certifications are offered by recognized organizations such as the Blockchain Council and ConsenSys Academy. The value of these certifications lies in the credibility they provide to potential employers, demonstrating your knowledge and skills in a standardized way.

Additionally, project management and business analysis certifications are also valuable for a consulting career in the blockchain industry. Project management certifications, such as PMP (Project Management Professional) and PRINCE2 (Projects In Controlled Environments), showcase your ability to manage projects effectively, while business analysis certifications, such as CBAP (Certified Business Analysis Professional) and PMI-PBA (Professional in Business Analysis), validate your skills in analyzing business requirements and developing solutions. These certifications are widely recognized and sought after in the industry, and can help you stand out in a competitive job market.

Defining your consulting niche is an important step in establishing your consulting career in the blockchain industry. You may choose to specialize in a specific industry such as finance, supply chain, or healthcare, and focus on how blockchain technology can solve the unique challenges in that industry. For instance, a consultant with expertise in finance may advise clients on how to use blockchain for secure and efficient financial transactions, while a consultant with experience in healthcare may guide clients on how blockchain can improve patient data privacy and interoperability.

Alternatively, you may choose to focus on a specific blockchain technology such as Ethereum, Hyperledger, or Corda. Each of these technologies has its unique features and use cases, and specializing in one of them can allow you to develop deeper expertise and offer more tailored consulting services to clients. For instance, a consultant with expertise in Ethereum may advise clients on developing smart contracts and decentralized applications on the Ethereum network.

You may also choose to specialize in a specific type of service, such as strategy, implementation, or security. As a strategy consultant, you may advise clients on how to integrate blockchain technology into their business processes, while an implementation consultant may help clients develop and deploy blockchain solutions. A security consultant may focus on assessing and mitigating the security risks associated with blockchain implementations.

Defining your consulting niche can help you focus your skills and expertise, and position yourself as an expert in a specific area of the blockchain industry. This can help you attract clients and establish a successful consulting career in the long run.

Establishing your personal brand is crucial to success in any consulting career, including the blockchain industry. Here are some key steps to building your personal brand:

A. Creating an online presence: Develop a personal website and LinkedIn profile to showcase your skills, experience, and interests. Use a professional headshot and optimize your profile for relevant keywords related to blockchain consulting.

B. Publishing content: Share your expertise by publishing articles and blog posts on blockchain topics. This can help establish you as a thought leader and increase your visibility in the industry.

C. Speaking at events: Participate in blockchain conferences, webinars, and meetups. This provides an opportunity to share your insights and network with others in the industry.

D. Building a network: Build relationships with other blockchain professionals, both online and offline. Join relevant industry groups and engage with other professionals on social media platforms like Twitter and LinkedIn.

By establishing your personal brand, you can position yourself as a knowledgeable and experienced blockchain consultant and stand out in a competitive industry.

Developing a solid consulting business plan is essential for success in the blockchain industry.

Here are some key steps to take when creating a business plan:

Firstly, its important to define your target market and ideal clients. Consider the industries and businesses that can benefit most from your blockchain consulting services. Research and identify potential clients that fit your ideal profile and determine their specific needs and pain points.

Next, determine your service offerings and pricing strategy. Decide on the services you will offer, such as strategy development, implementation, or security consulting. Consider the value you are bringing to your clients and set competitive and reasonable pricing.

Develop marketing and sales strategies to promote your services to potential clients. Consider using a mix of tactics, such as content marketing, social media advertising, and attending industry events to raise awareness and generate leads.

Set up the legal and financial structure of your consulting business. Choose a business structure that suits your needs and seek legal and financial advice to ensure compliance with relevant regulations and tax laws. This includes obtaining any necessary licenses or certifications.

By following these steps, you can create a strong and effective business plan for your blockchain consulting career.

To succeed in a consulting career in the blockchain industry, it is crucial to seek out clients and opportunities. Here are some strategies to help you get started:

A. Leverage your professional network: Reach out to your network of colleagues, mentors, and industry contacts to let them know about your consulting services. This can be an effective way to get your foot in the door with potential clients and build your reputation in the industry.

B. Partner with other consultants or consulting firms: Collaborating with other consultants or firms can help you expand your offerings and reach a broader client base. Look for opportunities to team up with other professionals in the blockchain industry who have complementary skills and expertise.

C. Attend industry events and conferences: Attend conferences, meetups, and other industry events to network with potential clients and learn about new trends and developments in the industry. Be sure to bring business cards and be prepared to talk about your consulting services.

D. Utilize freelance platforms and job boards: Consider signing up for freelance platforms and job boards that specialize in blockchain-related projects. These platforms can connect you with clients who are looking for blockchain expertise and help you build your portfolio of consulting work.

By actively seeking out clients and opportunities, you can establish yourself as a trusted and knowledgeable consultant in the blockchain industry. Remember to be proactive, persistent, and always looking for new ways to grow your consulting business.

The blockchain industry presents a wealth of opportunities for aspiring consultants to build a rewarding career. As the industry continues to grow and mature, the demand for blockchain expertise and consulting services is likely to increase. However, success in this field requires continuous learning and staying current with the latest industry trends, as well as developing relevant skills and establishing a strong personal brand. By defining your consulting niche, developing a business plan, and seeking out clients and opportunities, you can build a successful career as a blockchain consultant while contributing to the growth and adoption of this revolutionary technology.

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Utah DAOs and Donts: New Law Provides Limited Liability for … – JD Supra

New crypto legislation is skiing down Utahs silicon slopes. On March 13, 2023, the Utah Decentralized Autonomous Organizations Act was signed into law, taking effect on January 1, 2024.

While other states such as Wyoming, Tennessee, and Vermont have enacted legislation enabling decentralized autonomous organizations to be formed as limited liability companies, Utah is the first state to classify DAOs as a distinct legal entity a limited liability decentralized autonomous organization. Key provisions of the Utah DAO Act are described below.

An LLD is an organization that exists as a set of rules encoded on a permissionless blockchain in one or more smart contracts. LLDs may have different classes of members but must be formed by at least one natural person.

An LLD is primarily governed by the Utah DAO Act and the organizations bylaws, except where both are silent the Utah Revised Uniform Limited Liability Company Act governs.

Traditionally, small privately-held legal entities, such as corporations, are not required to submit their bylaws to regulators. However, the Utah DAO Act includes unique protective measures governing an LLDs software. For instance, the Utah DAO Act requires each LLD to provide the Utah Division of Corporations with evidence that its software code has undergone quality assurance and that it has a graphical user interface from which all transactions originating from, or addressed to, the LLDs smart contracts can be monitored.

Members of an LLD are only liable for their on-chain contributions to the LLD. Members are not personally liable for the actions of other members nor are they personally liable for any of the LLDs obligations in excess of its assets, except that LLD members who vote for the LLD to not comply with a court-ordered remedy may be personally liable in proportion to each of their shares of governance rights in the LLD.

The Utah DAO Act specifically permits any DAO member to be represented by a proxy who has the power to exercise all of the DAO members rights, including voting. However, the bylaws may limit a proxys power.

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dcSpark CTO: ‘Cardano Will Be a Top EVM Chain Next Month’ – CryptoGlobe

Cardano users are soon expected to be able to access Ethereum Virtual Machine (EVM) contracts straight from their Cardano (ADA) wallets, increasing the networks value for users and developers.

An Ethereum Virtual Machine (EVM) is a runtime environment for executing smart contracts on the Ethereum blockchain. It functions as a decentralized virtual computer that developers can use to create decentralized applications (dApps) and deploy smart contracts. The EVM ensures the security and isolation of smart contracts from the broader Ethereum network while enabling the execution of contract code.

EVM is designed to be both blockchain-agnostic and language-agnostic, meaning that it can potentially be implemented on other blockchains, and developers can use various programming languages to write smart contracts. However, Solidity is the most widely used language for coding Ethereum smart contracts.

This upcoming functionality will be provided by Milkomeda, a network that bridges blockchains like Cardano and Algorand to EVM contracts. According to its team, Milkomeda delivers rollup technologies to leading Layer 1 ecosystems by offering the most popular smart contracting language, Solidity, while enhancing inter-blockchain interoperability, user experience, and developer traction all at the Layer 2 level.

On Thursday (March 30), Sebastien Guillemot, Co-Founder and CTO at blockchain company dcSpark, announced that Cardano is poised to become one of the largest Ethereum Virtual Machine (EVM) chains by user count next month. Guillemot, a former VP of Engineering & Cardano Product Manager at EMURGO, was tweeting about the upcoming launch of a feature on Milkomeda, Cardanos EVM layer, that will allow every Cardano user to access EVM contracts directly from any Cardano wallet.

Based on Guillemots announcement, the new feature will support transactions using pure ADA and will expand Cardanos user base, elevating its status among EVM chains. Furthermore, Cardano is set to become the largest EVM chain with fully operational staking rewards, as stated by the dcSpark CTO. Guillemot emphasized that Milkomeda will soon enable staking rewards for all EVM users, including smart contract developers. According to Guillemots tweet, developers who build on Cardanos EVM layer can look forward to automatic payments every five days.

The new feature will permit Ethereum application developers to build on the Cardano network using Solidity, the programming language employed for coding Ethereum, without installing new toolkits or learning a different language. Consequently, these applications can exclusively use $ADA tokens rather than $ETH, enhancing utility for $ADA token holders.

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