News Story

Buy Bitcoins Now!

John Domingue, Sunday 13 November 2016 | Annotate
KMi News Image

“Buy Bitcoins Now!” was one of the main messages from Chandler Guo – who owns one of the world’s largest Bitcoin mines – in the recent Internet of Value workshop held at Clare Hall at the University of Cambridge. The event focused on how blockchains can be used to support the transfer of non-financial value. In his talk Chandler articulated how future citizenship would depend on the ownership of crypto currency funds and how the value of Bitcoin is related to its use in online gambling in China and the fact that it operates as a Distributed Autonomous Organisation (DAO) with no leader.

Other talks at the event covered a wide variety of topics. Maryam Taghiyeva from the Centre for Citizenship, Enterprise and Governance outlined how the Seratio Blockchain can support the transfer of non-financial value using a special representation and consensus mechanism. One application area for this work is the development of a currency for Muslim financial transactions ensuring that the relevant rules for financial processes are followed.

Ashish Gadnis, Chair of Financial Inclusion at the Wall Street Blockchain Alliance and CEO of BanQu talked about BanQu’s blockchain based identity platform that enables a secure and immutable solution redefining financial inclusion by enabling economic opportunities for people living in extreme poverty. He reported on case studies of how citizens living in poverty and refugees were able to access credit and insurance for the first time through blockchain representations of assets such as land and income.

John Domingue discussed KMi’s work on using blockchains for badging, ePortfolios and crowdsourced accreditation in an adult learning context. The presentation was very well received with future collaborations with the Centre for Citizenship, Enterprise and Governance and currently being explored.

The general consensus at the end of the event was that although we are at the beginning there exist a wealth of opportunities in the intersection between non-financial value and blockchain technology.



Related Links:

Connected

John Domingue Photograph

John Domingue

KMi Director

Telephone Icon Email Icon Website Icon RDF Icon

Twitter Icon LinkedIn Icon Facebook Icon SlideShare Icon

Blockchain

The reach of blockchain technology will expand into the education sector.

Website Icon

Latest News

 

View by

Jobs

Research Assistant / Associate

Knowledge Media Institute (KMi)
£29,799 - £38,833
Based in Milton Keynes
Temporary contract until 31st December 2018

The Open University’s Knowledge Media Institute (KMi) is a distinct research unit within the Faculty of Science, Technology, Engineering and Mathematics (STEM). KMi is looking for a Research Assistant or a Research Associate to work on an EU funded project – Hub4NGI. The project will strengthen and coordinate the work done by ongoing and upcoming projects, focusing on Next Generation Internet...

Project Officer - Data Hub Development

Knowledge Media Institute (KMi)
�32,548 - �38,833
Based in Milton Keynes
Temporary contract until 30 June 2019

The Open University�s Knowledge Media Institute (KMi) is a distinct research unit within the Faculty of Science, Technology, Engineering and Mathematics (STEM). KMi is looking for a Project Officer to support the maintenance and evolution of the MK Data Hub, a computational infrastructure for acquiring and managing city data originally developed in the context of the MK:Smart project,...

Web Developer (Front-end and CMS)

Knowledge Media Institute (KMi)
£26,495 - £31,604
Based in Milton Keynes
Temporary contract until 30 June 2018

The Knowledge Media Institute (KMi) is a distinct research unit within the Faculty of Science, Technology, Engineering and Mathematics (STEM) at the Open University. KMI is looking for a Web Developer to join their team of developers and researchers that runs a large aggregator of research papers called CORE, and a set of projects promoting principles of Open Science. CORE provides free access...

CONTACT US

Knowledge Media Institute
The Open University
Walton Hall
Milton Keynes
MK7 6AA
United Kingdom

Tel: +44 (0)1908 653800

Fax: +44 (0)1908 653169

Email: KMi Support

COMMENT

If you have any comments, suggestions or general feedback regarding our website, please email us at the address below.

Email: KMi Development Team