“MakerDAO is arguably the most important app on Ethereum and for it to become a full DAO [decentralized autonomous organization] successfully would be a major step. On Thursday, Christensen detailed a three-plank plan that would get community governance to the point where MakerDAO users wouldn’t even notice when the foundation shuts its doors.
Maker is already the most transparent and inclusive credit facility the world has, and decentralizing its operations will be key to hardening the system against adversarial actors and scaling it into a global utility.
The crux of the idea is to fully decentralize the MakerDAO Foundation so that different parts of its work will be done by different organizations. Those workers would be employed, ultimately, by MKR holders.
Calls to open-source the Fed may someday stem from MakerDAO’s success.”
“COVID-19 is changing the public’s relationship with cash, they said, despite the scientific community’s consensus that coronavirus transmission via banknote is relatively unlikely.
The pandemic may hence put calls for CBDCs into sharper focus, highlighting the value of having access to diverse means of payments, and the need for any means of payments to be resilient against a broad range of threats.”
See Also: How Central Banks Could Use Digital Cash to Deliver Universal Basic Income
“ShapeShift has enabled its United States-based customers to buy Bitcoin (BTC) and Ethereum (ETH) with a debit card. The new platform doesn’t require account verification to purchase cryptocurrencies.
This is due to the fact that the platform does not actually hold custody of customer funds. Since transfers occur P2P between wallets owned and controlled by individual users, KYC measures are not strictly necessary.”
See Also: Revolut Fast-Tracks User-Wide Crypto Support Due to Global Economic Upset
Interesting read.
“This software program will associate people’s government ID numbers with unique blockchain records they can use for telemedicine and permits to leave the house on specific errands.
The health center validates the permit that proves they were assigned to this health clinic.
The mobile app’s blockchain records serve multiple functions in a region accused by critics of having a particularly corrupt public health care system. The Civitas record cannot be easily altered nor denied. Most importantly, this data isn’t shared with agencies beyond the healthcare system.”
“The so-called #ForkGoogle memorandum accuses the tech giant of waging ‘campaigns of suppression against Bitcoin and blockchain industry for years.’ In recent years, Google-owned video-sharing platform YouTube deleted and banned an array of cryptocurrency-related channels.
Among the most popular decentralized video sharing platforms, the author noted LBRY, Bitchute, BitTube, PeerTube and Dtube.”
“Status raised a reported $107 million in a 2017 initial coin offering (ICO) in order to build a crypto-powered answer to WhatsApp with a built-in Ethereum wallet.
Around March 17 (just over one month after the initial release of v1.0) we noticed a ~50 percent increase in daily installs from the previous day.
War Riders is a sort of Mad Max adventure that uses non-fungible tokens (NFTs). ‘We’ve been seeing about 70 percent jump in new users and average time spent in the game increased drastically.'”
See Also: CryptoKitties Devs Secure Brazilian Patent for NBA Digital Tokens
“The ‘Doctors of the Homeland’ initiative will see each Venezuelan doctor air-dropped one of the administration’s oil-backed Petro cryptocurrency tokens.
While the Maduro administration claims that the Petro is worth roughly $60, popular trading platforms used by Venezuelans currently list the token for roughly between $20 and $26.
However, with Venezuelan monthly minimum wages equating to $3.61 plus $2.89 in food stamps, and doctors estimated to earn little more, one Petro could equate to several months of work.”
The Disrupt 