Posts with the tag Blockchain
With Bitcoin passing $11,000 recently I had a few friends reach out and ask about Bitcoin. As many of you know, I am currently working on a Masters in Digital Currency from the University of Nicosia. This post serves as an introductory primer to cryptocurrencies for non-technical folks. I will attempt to stay at a high level and will talk about cryptocurrencies as a whole rather than Bitcoin individually. There are many areas that I skim over (such as mining and proof-of-stake) which will be a separate blog post after this one.
A decentralized health insurance co-op could be setup with the mission of providing health coverage to its members. It would operate similar to a non-profit where the focus is on the members and not shareholders. The co-op would use a blockchain as its data structure and each user would run a node with software that would allow then to submit claims, payments and vote. A block would be created on average every 24 hours with a term period being every 30 blocks, or roughly a month.
The following are two essays that I wrote for a Banking and Finance class for my Masters in Digital Currency. The assignment was two short essays, one on why bitcoin is money and another on why bitcoin is not money. Both have been edited slightly.
The University of Nicosia uses the Bitcoin blockchain to verify the authenticity of certificates that have been awarded.
I am taking an online class through the University of Nicosia in digital currencies and covers Bitcoin and the Blockchain. It is a free MOOC and can also be used as credit towards their Masters in Computer Science.
Use of Blockchain for Monitoring, Identification and Notification of Population Health Trends and Outbreaks
In July 2016, the Department of Health and Human Services put out a call for whitepapers about using the blockchain in health care. I had used the Bitcoin blockchain but hadn’t considered how the blockchain could be used outside of a ledger system.