Here’s what’s in store for you this week: Asia seems to be abuzz with blockchain developments in the past week, with major advancements in China and Philippines. We’ve got thoughts from the Blockchain Review on the renewable energy internet, as well as insights on the big legal issue blockchain developers rarely discuss, and much more. Check it out below!
Key news highlights. What’s going on in the world of Blockchain?
Blockchain Evidence Legally Binding, Says China’s Supreme Court
China appears eager to be at the forefront of technological development and adoption. In line with this goal, China has recently begun accepting nascent technology into court litigation procedures. The country’s supreme court has declared that as of Friday, September 7, evidence stored and verified on blockchain platforms can be used in legal disputes.
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Philippines SEC Aims to Publish Draft Laws Regulating Crypto Exchanges by Next Week’s End
Rising interest in the crypto market has seen the country’s SEC look at it with fresh eyes. According to Ephyro Luis Amatong, SEC Commissioner, the agency is planning to release draft rules by next week. The Philippines is taking a positive stance towards the crypto market. It is also embracing the blockchain. In recent news, the Union Bank of the Philippines was reported to be using the distributed technology to cut operational costs.
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Blockchain Jobs are Booming in Asia, even as Cryptocurrency Prices Struggle
As blockchain technology gets adopted by both start-ups and more established corporations, blockchain and cryptocurrency jobs are increasingly appealing to job seekers from conventional sectors in Asia. On the whole, those currently entering the sector come from a wider range of professional backgrounds as blockchain start-ups develop and mature. Here’s a closer look at the job market and developments in blockchain and cryptocurrencies.
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The latest insights, thoughts, and analysis from the Intrepid Team
Blockchain and the Renewable Energy Internet
Prominent thinkers in the fields of behavioural science and complexity theory are now placing more emphasis on network effects, evolutionary mechanisms, and energy systems. Here is a comprehensive article about the machine age and its side effects on the environment, the evolution of the world’s energy needs, the redesign of institutions and how blockchain technology could help create a new energy-efficient global economy.
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Articles, white papers, ebooks, and more
The Big Legal Issue Blockchain Developers Rarely Discuss
Software licensed under open source licenses (OSS) is fundamental to the success of blockchain projects, but the importance of selecting the right OSS license is rarely discussed by the blockchain community. Such licenses permit collaborative, decentralized development, encourage swift adoption by users and enable the community to “fork” the project to resolve strategic disputes. OSS licenses are generally quite different from traditional proprietary software licenses. Read on to find out more about these differences.
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A Glimpse into the Dark Underbelly of Cryptocurrency Markets
This post presents an investigation into the key drivers of the unrelenting cryptocurrency/cryptoasset markets, and explain why they aren’t likely to go away soon. The major stakeholders in this market are exchanges (naturally), altcoin/cryptocurrency/fork issuers, and coin ranking sites, who mutualistically work together to extract value from one group: retail investors.
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Cryptocurrency: What is it good for? (A lot, actually.)
Cryptocurrencies get a ton of buzz these days, and most cryptocurrency discussion unfortunately leaves the reader with too much hype or knee-jerk condemnation and not enough measured analysis. It is not surprising, then, that some people may walk away with the impression that cryptocurrency is little more than a new iteration of the dot com bubble, without any real value add. In reality, the technology actually makes some useful things possible for the first time.
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Tokens can Better Incentivize Startup Employees than Equity
Token structuring and tokeneconomics are among of the most important considerations when designing a blockchain. Beyond the community and investors in the project, token economics are also bringing disruption to organizations internally when it comes to HR and compensation. If internal stakeholder incentives are structured correctly, the project could accrue long-term value by motivating employees to work towards the same goal, while reducing adversarial behaviour and also bad actors.
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Why Japan’s Biggest Messaging App Line Decided to Create Its Own Crypto
Line, Japan’s largest messaging app, has launched its own cryptocurrency. Will other messengers like Kakao and Facebook follow? Here’s Line’s story, and an analysis on the viability and practicality of creating a tokenised economy using Line’s independent currency, LINK.
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Updates on what we’re up to and our upcoming events
Have You Attended Tech Events in Asia?
We want to shake up the tech event industry for attendees like you and need your feedback on the current event scene in Singapore and SE Asia. We want to get to the heart of what people truly want and need when it comes to events in the digital, innovation and tech space. What’s lacking? What’s awesome? This feedback will be the launchpad for the types of events we curate at Intrepid.
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Webinar Replay – Marketing a Blockchain Business without Facebook, Twitter, or Google
We have good news! If you missed the webinar, you can access a replay of it here. Our Co-founder and Managing Director, Collin Thompson, is deeply involved in the development and growth of a variety of blockchain startups around the world. In this webinar, he shares thoughts on topics like the biggest marketing challenges in the blockchain space, how to overcome them, best practices, and more..
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How to Create an Ethereum Wallet on MetaMask
Many people have been reaching out to us about what an Ethereum wallet is and how to set it up. We are definitely hyped that there’s so much interest in the blockchain space and understand it could get confusing for beginners. Follow Julien from our team as he brings you through how to set up MetaMask, one of the most popular and user friendly Ethereum wallets, all in less than 5 minutes!
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Want to learn more about blockchain? Check out our new micro-site How Does the Blockchain Work, a clear and non-technical guide on how blockchain, Bitcoin, and Ethereum works, and more. Check it out.
Interested in learning from leading entrepreneurs in the blockchain world? Check out our Founders in Focus interview series on YouTube. A show where we uncover the personal stories and journeys of founders and innovators from the crypto sphere.