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.
Bitcoin is anonymous until an action is taken that makes it not anonymous. The European Union Parliament suggests the the anonymity in bitcoin should be removed. This shows a lack of understanding on how bitcoin works.
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.
Bitcoin is not money
Bitcoin is not recognized by any country as […]
The University of Nicosia uses the Bitcoin blockchain to verify the authenticity of certificates that have been awarded. To verify my certificate, you will need the following three links:
Jesse Clark’s Certificate
List of valid certificate hashes
How do verify that the certificate is valid
Compute and verify the hash of my certificate above. It will be:
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.
During the Live Q&A section on October 3rd, 2016, there was a question about the timing between blocks being mined. […]