ABN AMRO Bank, Everex and ConsenSys Promote Blockchain Social Responsibility

Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term wallet Everex has announced that it will join the Blockchain for Social Impact Coalition (BSIC), blockchain software company ConsenSys’ social issues incubator, as well as compete in the BSIC hackathon scheduled for September 7th - October 7th. BSIC bases its focus on the United Nation’s Sustainable Development Goals.

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“An important aspect of our vision here at Everex is making a difference for the better in people’s everyday lives,” said Everex CEO, Alexi Lane. “That’s why we’ve joined the Blockchain for Social Impact Coalition (BSIC): to join a growing coalition of blockchain products and solutions designed to address social and environmental challenges.”

“Diverse designers, developers, entrepreneurs and thought leaders all in one room designing transformational technologies, and addressing complex challenges,” added Lane. “This is exactly the sort of high stakes and high talent environment Everex thrives in.”

Ethereum Ethereum Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, Read this Term diversity

BSIC exclusively promotes Ethereum blockchain solutions and focuses on financial inclusion, supply chains, identity and vulnerable peoples, energy, and the environment. An initiative of Brooklyn-based venture production studio ConsenSys, it includes ABN-AMRO, Alice, Alpha Source, Disberse, EDU, Future of Property Rights, Slave Free Trade, MIT Solve and more than 16 others.

“The groups taking part in BSIC are a diverse set that actually complement each other quite nicely,” said Lane. “We will undoubtedly see a full spectrum transformation of the way things are, and in large part thanks to the companies taking part in this initiative.”