Until the middle of last year, most cryptocurrency mining took place in China. Then authorities pulled the plug. So Chinese bitcoin miners began moving their gear to U.S. towns like Kearney, Nebraska.
The aid group Mercy Corps believes that the new Libra currency could help funnel aid to the poor. But critics wonder why the charity has teamed up with a controversial company.
Some civic leaders in Cleveland want the local economy to embrace blockchain, the technology behind bitcoin. It will only work if the average citizen grasps what this new cryptocurrency is all about.
By tagging cattle and updating their data about their free-range, grass-fed quality of life using blockchain, some ranchers are hoping to solve paper tracking pitfalls and sell their beef for more.
A project called TransActive Grid is testing a new way to trade solar power among neighbors. For now only credits are being traded — not actual energy — using the technology that underpins bitcoin.
From bank regulation to military messaging, the blockchain is offering a wide potential to change the way online transactions and communications are carried out.