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@Jason @tailpath So many issues w/blockchain inventory tracking systems. The biggest is the underlying premise: distrust. Tech can't fix unknown/distrusted partners in the value chain. This is a vetting issue, not a tracking one. But it's also one that goes away with consolidation, scale & time.
@Jason @tailpath Over time, most businesses trade with known parties, not unknown ones, where the use case for blockchain (and cryptocurrency) goes away.

2/3
@Jason @tailpath A good analogy is payment wallets. A bunch of 3rd parties tried creating them, but if more & more shopping moves to Amazon & Walmart & each stores your card info for future purchases (ditto for iPhone+Android), the only wallet market left is w/less trustworthy, small vendors.
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Steve Faktor
@ideafaktory
Ok, this is not a thing. Anyone involved in the improbable act of "flight shaming" is spectacularly unemployed or has no professional/societal status that can affect your life in any way.

theguardian.com/commentisfree/…
At your big Japanese business meeting, a coworker walks in and says, "Look at Mr. Fancy Pants taking a plane here. Have you no respect for earth? Sandra and I took a mule. It took us 46 weeks to get here. Several mules drowned in the Pacific, but we're here, Tree Killers."
You turn to your client, "As we were saying, Mr Suzuki, we'd be honored to do business with your motorcycle company. But not Tiffany."

"Tiffany, motorcycles use fuel and you work for Goodyear."

Tiffany cocks gun, shoots herself.

"Our apologies, Mr Suzuki, we'll clean this up."
Read 3 tweets
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Steve Faktor
@ideafaktory
@LinkedIn @LinkedInToday The H-1B is profoundly broken. It doesn't need to be cut, but reformed.

A rebuttal to this piece (from firsthand experience managing a global team with H-1B's at a F100 US corporation.:

bloomberg.com/opinion/articl…

(thread)
H-1Bs don't officially make workers indentured & underpaid; just unofficially. Workers can only switch to other companies that will pay to sponsor visas. Many don't. So:
- That reduced market
- Extra cost
- Transactional friction

Limit their options & pay.
Because many H1B workers arrive without families (or at least extended families), they tend to work longer hours, so companies get more bang for the buck.

How much buck?
Read 12 tweets
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Steve Faktor
@ideafaktory
OBLIGATIONS
I've been keeping this twitter thread on corporate amorality, but I haven't given nearly enough thought to our own amorality.

A brief thread on our little hypocrisy.

I've been as guilty as others on Twitter...

"It’s easy to proclaim virtues when you have nothing at stake — and status to gain. But true morality is a luxury good when your livelihood’s at stake. When your family, reputation, or assets are on the line."
- ideafaktory.com/amoral/
All our actions must be viewed in context of our obligations—to our kids, spouses, communities, friends, nation, humans, employers. Likely, in that order.

It's why I've argued there is no evil. We all believe we're doing our best for at least 1 of those.

Read 11 tweets

Related threads

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Pelle Brændgaard
@PelleB
1/ I can't believe it's been this 3 years already. the @uport_me team won a prize after launching the first version of our Self Sovereign Identity wallet at DevCon2 on #ethereum complete with social recovery using proxy contracts, wallet connect like QR codes and gas funding.
2/ Our focus is still on Self Sovereign Identity for #ethereum, but we've learnt so much since our first experiment back then.

Here is a diagram of our original architecture...
3/ Most importantly the key to safely build #identity on a blockchain is to actually use as the #blockchain as little as possible.

Ideally a good identity solution for blockchain applications provides an off-chain method of linking together on-chain interactions.
Read 17 tweets
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Ed Boal 🐿
@edboal
Just kicking off at the @computersandlaw #digitalmedia law masterclass - first up, #TV, #tech and regulation
Interesting time seeing traditional broadcasters move into the streaming space - is it the beginning of the end of linear broadcast TV as we know it!? 🎵 Streaming killed the TV star 🎵
Broadcast TV still accounts for 71% of viewing time - but more subscriptions to streaming services than pay-TV
Read 44 tweets
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Matthew Willemsen
@mwill_crypto
0/ 'Twas very much 'M&A Mondays' in the #crypto/#blockchain space, with not one, not two, but *three* announcements revealing the coming together of two previously discrete projects.

A heap of other developments took place on Monday, too, so let's get into it, shall we?
1/ 🐱 @Efolioapp - a P2P marketplace to buy and sell #crypto tokens - unveiled its solution that brings English auctions (as distinct from Dutch auctions) to @0xProject [ $ZRX ]!

Bid for NFTs with either an #ERC20- and #ERC721-compliant token. Neat! medium.com/@emoonmarket/0…
2/ 📣 Per @Cheddar, Facebook hired most of the @Chainspace_io team; its first major 'acqui-hire’ in the #crypto space.

Who is Chainspace? A #blockchain startup self-described as "a planetary scale smart contracts platform." cheddar.com/videos/faceboo…
Read 27 tweets
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Matthew Willemsen
@mwill_crypto
0/ We're currently tracking at 40°C (104℉) here in #Melbourne, yet even that pales in comparison to the heat we're seeing in the #crypto/#blockchain space over the past ~24 hours.

What a day! Below are 22 developments that caught my eye.
1/ 🍑 Prominent full-service #blockchain technology co. @BitfuryGroup today announced a #Bitcoin #LightningNetwork-oriented product bundle called @Lightning_Peach.

Consumers, merchants, developers; there's LN-enabled solutions for all! Read more below. medium.com/meetbitfury/bi…
2/ 💡 After 18 months in stealth, San Francisco-based #crypto custody provider @Anchorage is live with its first product. They're building the first-ever crypto-native custodian!

Last year's a16z-led $17M Series A featured @Naval, @EladGil and @MLevchin. medium.com/anchorage/intr…
Read 23 tweets
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Matthew Willemsen
@mwill_crypto
0/ Another doozy of a thread for you!

The past ~24hrs saw a great many #blockchain projects share development updates and partnership news. Amid this, the #crypto space was ripe with discussion on several topics.

On what, exactly? Well that's for you to find out 😉
1/ 🇺🇸 @AugurProject [ $REP ] - yeah, that #Ethereum-powered decentralized prediction market everyone wrote off post-#mainnet as quickly as @Novogratz revises a #bitcoin price forecast (😘) - well the #USmidterms have seemingly awoken punters from far and wide. Those numbers!
2/ 🔎 @adam3us's leading #bitcoin and #blockchain technology firm @Blockstream announced its new block explorer, blockstream.info.

Now, users can search and view specific data published in real-time to the Bitcoin #blockchain, Bitcoin #testnet and Liquid #sidechain. Neat!
Read 30 tweets
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Michèle Finck
@finck_m
The French data protection authority has issued the first formal guidance on the relationship between #blockchain and the #GDPR in the #EU.

I'll tweet some of the main points. Here is the full text: cnil.fr/sites/default/…
1. The @CNIL makes clear that its goal issuing this publication is to provide concrete guidance to actors in the space. This is to be applauded. Many in this space try to build compliant systems but are having a hard time figuring out what this entails.
2. *Data controllers*: unsurprising: where users directly engage with the ledger they can sometimes be controllers.

This, however, is only so where natural or legal persons exercise a professional or commercial activity (broad interpretation of household activity).
Read 19 tweets

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