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"Satoshi Nakamoto, the Enigmatic Founder of Bitcoin, Celebrates 48th Birthday on the Same Day as FDR's US Gold Ban Anniversary"
Bitcoin Creator Satoshi Nakamoto Turns 48 Today, Coinciding With the Anniversary of FDR’s US Gold Ban “Examining the Relevance of April 5th in the U.S. Monetary System’s Legacy and Its Relation to the Originator of Bitcoin” Satoshi Nakamoto, the enigmatic creator of Bitcoin, registered with the P2P Foundation forum just over 14 years ago. According to Nakamoto’s P2P Foundation page, the…
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#10000btc2pizzas#1stcryptocurrency#1stcryptocurrencyintheworld#2pizzas10000btc#aboutbitcoincryptocurrency#bitcoincompleteinformation#bitcoincreator#bitcoincryptocurrencyinformation#bitcoincryptocurrencyprice#bitcoinfounder#bitcoininformationinalltopics#completeinformationaboutbitcoin#completeinformationaboutbitcoincryptocurrency#cryptocurrencybitcoininformation#totalinformationaboutbitcoin#totalinformationaboutbitcoincryptocurrency
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“I'm very happy and proud of some of the things C++ is being used at and some other things I wish people wouldn't do, Bitcoin mining being my favorite example — it uses as much energy as Switzerland and mostly serves criminals.”
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Bitcoin: Value Creation Through Virtual Currency
What bitcoin is providing, according to ICONOMI’s chief executive, is exposure to the possibility of value creation through cryptocurrency. Bitcoin becomes a gateway to the use of Ether, which creates opportunities to develop new technologies and services.
“Bitcoin is the introduction of blockchain accounting and Ethereum is the beginning of blockchain computing,” El Isa said. “The next logical step is that now we build software on top of these.”
The construction of the next generation of software companies, based on the blockchain, will require the input of regulators, says Zagar. “We are also talking with a few different regulators in Europe and helping them structure the setup and the rules,” he said.
The market needs some oversight, says Zagar. “The main concern [for regulators] is to protect investors. You don’t want to have scams and crazy projects. That’s extremely bad for our industry.”
El Isa agreed, saying that transparency for investors is important… and included a plug for her own technology. “You want to have technology regulate investment funds and remove the conflicts of interest in these processes.”
Both panelists agreed that the hype has outstripped the capacity of the technology to support it, and that the flurry of coin offerings raising at billion-dollar valuations had actually already abated.
https://techcrunch.com/2017/12/04/so-what-if-bitcoin-is-another-bubble-the-dot-com-bubble-gave-us-the-modern-internet/
#bitcoinnews#bitcoinanalysis#bitcoinresearch#bitcoinvalue#bitcoinresources#bitcoinexperts#bitcoincompanies#bitcoincreation
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Satoshi Nakamoto's Birthday and the Emergence of Bitcoin
Satoshi Nakamoto's Birthday and the Emergence of Bitcoin
BitcoinCreator of Satoshi Nakamoto She is 44 years old today.
Satoshi Nakamoto
Nakamoto himself stated that his birth date was April 5, 1975. As you know, Nakamoto's identity remains a mystery. Some say Nakamoto may be a group. Satoshi Nakamto seems to be more valuable in terms of the symbolic meanings he carries.
Satoshi and Nakamoto are very popular names in Japan. Therefore, the person or…
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Crypto Crying out for Regulation as Thailand Leads the Way
Industry professionals and CEOs of blockchain companies are clamouring for regulators to clarify the legal status of cryptocurrencies to open up innovation and help ‘smart money’ to move into the space. Thailand has shown how it can be done even if their policies are not crypto-friendly enough.
Regulation Will Encourage Growth
Regulation is often given a bad press but in light of the six-month bear market defining 2018, it appears that innovation is waiting on regulatory clarity. During London Tech Week, the common theme was that the industry wants clear regulation.
Speaking at the ‘Zeroing In On Europe’ conference on June 16, former Blackrock investor, Adam Grimsley, co-founder of Prime Factor Capital, said:
“Concerns around volatility, lack of liquidity, and regulatory uncertainty were more than enough to prevent the so-called traditional smart money from entering the arena.”
Coinbase UK CEO made a speech at the Blockchain Summit on June 13 in which he said that the industry needs to work with current financial institutions and educate them before we can achieve a crypto ‘utopia.’ Zeeshan Feroz, UK CEO of Coinbase, told NewsBTC:
“From a government point of view, we should be engaging with the space and looking at how we facilitate it. The biggest step at this stage is regulation, give businesses some certainty and give them a framework to operate within that will help grow it.”
A lot of ICOs have banned U.S. citizens from participating due to a lack of clarity over whether or not they classify as securities. Monaco VISA told U.S., India, Hong Kong and Singapore citizens that they are excluded due to ‘excessive regulatory risk.’ Rather than risk engaging with these markets, ICOs are just enforcing blanket bans to protect themselves, missing out on further funding and more development of the industry.
Speaking at BitcoinCRE on June 14, the founder of CPROP, Sandy Selman said: “We decided to use a tradeable entity. If it became a security it would kill our business. We decided not to take any U.S. money to not deal with the problem.”
Governments Can Regulate Crypto
Thailand has shown that governments can provide clear regulation on cryptocurrencies. In May, it enacted a regulatory framework for ‘digital assets and digital tokens.’ The bill sets out requirements for ICOs to register with the Thailand SEC to make sure that they comply with current laws. Although the taxes are currently quite high, it proves that governments can successfully regulate the industry.
In order to achieve the same clarity, the U.S. needs to decide which bodies are regulating cryptocurrencies. Recently, the SEC cleared up a few questions and confirmed that Ethereum is not a security but the IRS has deemed it property, and taxable. In response to the confusion, the state of Florida has created the position of a ‘crypto czar’ to help make state-specific regulations.
Across the globe, other countries need to speed up their decision-making processes. In Europe, the UK established a task force back in March and the European Commission launched the EU Blockchain Observatory and Forum in February. However, no regulation has yet been made apart from an anti-money laundering agreement by the EU.
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The post Crypto Crying out for Regulation as Thailand Leads the Way appeared first on NewsBTC.
Crypto Crying out for Regulation as Thailand Leads the Way published first on https://medium.com/@smartoptions
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Crypto Crying out for Regulation as Thailand Leads the Way
Industry professionals and CEOs of blockchain companies are clamouring for regulators to clarify the legal status of cryptocurrencies to open up innovation and help ‘smart money’ to move into the space. Thailand has shown how it can be done even if their policies are not crypto-friendly enough.
Regulation Will Encourage Growth
Regulation is often given a bad press but in light of the six-month bear market defining 2018, it appears that innovation is waiting on regulatory clarity. During London Tech Week, the common theme was that the industry wants clear regulation.
Speaking at the ‘Zeroing In On Europe’ conference on June 16, former Blackrock investor, Adam Grimsley, co-founder of Prime Factor Capital, said:
“Concerns around volatility, lack of liquidity, and regulatory uncertainty were more than enough to prevent the so-called traditional smart money from entering the arena.”
Coinbase UK CEO made a speech at the Blockchain Summit on June 13 in which he said that the industry needs to work with current financial institutions and educate them before we can achieve a crypto ‘utopia.’ Zeeshan Feroz, UK CEO of Coinbase, told NewsBTC:
“From a government point of view, we should be engaging with the space and looking at how we facilitate it. The biggest step at this stage is regulation, give businesses some certainty and give them a framework to operate within that will help grow it.”
A lot of ICOs have banned U.S. citizens from participating due to a lack of clarity over whether or not they classify as securities. Monaco VISA told U.S., India, Hong Kong and Singapore citizens that they are excluded due to ‘excessive regulatory risk.’ Rather than risk engaging with these markets, ICOs are just enforcing blanket bans to protect themselves, missing out on further funding and more development of the industry.
Speaking at BitcoinCRE on June 14, the founder of CPROP, Sandy Selman said: “We decided to use a tradeable entity. If it became a security it would kill our business. We decided not to take any U.S. money to not deal with the problem.”
Governments Can Regulate Crypto
Thailand has shown that governments can provide clear regulation on cryptocurrencies. In May, it enacted a regulatory framework for ‘digital assets and digital tokens.’ The bill sets out requirements for ICOs to register with the Thailand SEC to make sure that they comply with current laws. Although the taxes are currently quite high, it proves that governments can successfully regulate the industry.
In order to achieve the same clarity, the U.S. needs to decide which bodies are regulating cryptocurrencies. Recently, the SEC cleared up a few questions and confirmed that Ethereum is not a security but the IRS has deemed it property, and taxable. In response to the confusion, the state of Florida has created the position of a ‘crypto czar’ to help make state-specific regulations.
Across the globe, other countries need to speed up their decision-making processes. In Europe, the UK established a task force back in March and the European Commission launched the EU Blockchain Observatory and Forum in February. However, no regulation has yet been made apart from an anti-money laundering agreement by the EU.
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The post Crypto Crying out for Regulation as Thailand Leads the Way appeared first on NewsBTC.
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Crypto Crying out for Regulation as Thailand Leads the Way
Industry professionals and CEOs of blockchain companies are clamouring for regulators to clarify the legal status of cryptocurrencies to open up innovation and help ‘smart money’ to move into the space. Thailand has shown how it can be done even if their policies are not crypto-friendly enough.
Regulation Will Encourage Growth
Regulation is often given a bad press but in light of the six-month bear market defining 2018, it appears that innovation is waiting on regulatory clarity. During London Tech Week, the common theme was that the industry wants clear regulation.
Speaking at the ‘Zeroing In On Europe’ conference on June 16, former Blackrock investor, Adam Grimsley, co-founder of Prime Factor Capital, said:
“Concerns around volatility, lack of liquidity, and regulatory uncertainty were more than enough to prevent the so-called traditional smart money from entering the arena.”
Coinbase UK CEO made a speech at the Blockchain Summit on June 13 in which he said that the industry needs to work with current financial institutions and educate them before we can achieve a crypto ‘utopia.’ Zeeshan Feroz, UK CEO of Coinbase, told NewsBTC:
“From a government point of view, we should be engaging with the space and looking at how we facilitate it. The biggest step at this stage is regulation, give businesses some certainty and give them a framework to operate within that will help grow it.”
A lot of ICOs have banned U.S. citizens from participating due to a lack of clarity over whether or not they classify as securities. Monaco VISA told U.S., India, Hong Kong and Singapore citizens that they are excluded due to ‘excessive regulatory risk.’ Rather than risk engaging with these markets, ICOs are just enforcing blanket bans to protect themselves, missing out on further funding and more development of the industry.
Speaking at BitcoinCRE on June 14, the founder of CPROP, Sandy Selman said: “We decided to use a tradeable entity. If it became a security it would kill our business. We decided not to take any U.S. money to not deal with the problem.”
Governments Can Regulate Crypto
Thailand has shown that governments can provide clear regulation on cryptocurrencies. In May, it enacted a regulatory framework for ‘digital assets and digital tokens.’ The bill sets out requirements for ICOs to register with the Thailand SEC to make sure that they comply with current laws. Although the taxes are currently quite high, it proves that governments can successfully regulate the industry.
In order to achieve the same clarity, the U.S. needs to decide which bodies are regulating cryptocurrencies. Recently, the SEC cleared up a few questions and confirmed that Ethereum is not a security but the IRS has deemed it property, and taxable. In response to the confusion, the state of Florida has created the position of a ‘crypto czar’ to help make state-specific regulations.
Across the globe, other countries need to speed up their decision-making processes. In Europe, the UK established a task force back in March and the European Commission launched the EU Blockchain Observatory and Forum in February. However, no regulation has yet been made apart from an anti-money laundering agreement by the EU.
Image from Shutterstock
The post Crypto Crying out for Regulation as Thailand Leads the Way appeared first on NewsBTC.
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Crypto Crying out for Regulation as Thailand Leads the Way
Industry professionals and CEOs of blockchain companies are clamouring for regulators to clarify the legal status of cryptocurrencies to open up innovation and help ‘smart money’ to move into the space. Thailand has shown how it can be done even if their policies are not crypto-friendly enough.
Regulation Will Encourage Growth
Regulation is often given a bad press but in light of the six-month bear market defining 2018, it appears that innovation is waiting on regulatory clarity. During London Tech Week, the common theme was that the industry wants clear regulation.
Speaking at the ‘Zeroing In On Europe’ conference on June 16, former Blackrock investor, Adam Grimsley, co-founder of Prime Factor Capital, said:
“Concerns around volatility, lack of liquidity, and regulatory uncertainty were more than enough to prevent the so-called traditional smart money from entering the arena.”
Coinbase UK CEO made a speech at the Blockchain Summit on June 13 in which he said that the industry needs to work with current financial institutions and educate them before we can achieve a crypto ‘utopia.’ Zeeshan Feroz, UK CEO of Coinbase, told NewsBTC:
“From a government point of view, we should be engaging with the space and looking at how we facilitate it. The biggest step at this stage is regulation, give businesses some certainty and give them a framework to operate within that will help grow it.”
A lot of ICOs have banned U.S. citizens from participating due to a lack of clarity over whether or not they classify as securities. Monaco VISA told U.S., India, Hong Kong and Singapore citizens that they are excluded due to ‘excessive regulatory risk.’ Rather than risk engaging with these markets, ICOs are just enforcing blanket bans to protect themselves, missing out on further funding and more development of the industry.
Speaking at BitcoinCRE on June 14, the founder of CPROP, Sandy Selman said: “We decided to use a tradeable entity. If it became a security it would kill our business. We decided not to take any U.S. money to not deal with the problem.”
Governments Can Regulate Crypto
Thailand has shown that governments can provide clear regulation on cryptocurrencies. In May, it enacted a regulatory framework for ‘digital assets and digital tokens.’ The bill sets out requirements for ICOs to register with the Thailand SEC to make sure that they comply with current laws. Although the taxes are currently quite high, it proves that governments can successfully regulate the industry.
In order to achieve the same clarity, the U.S. needs to decide which bodies are regulating cryptocurrencies. Recently, the SEC cleared up a few questions and confirmed that Ethereum is not a security but the IRS has deemed it property, and taxable. In response to the confusion, the state of Florida has created the position of a ‘crypto czar’ to help make state-specific regulations.
Across the globe, other countries need to speed up their decision-making processes. In Europe, the UK established a task force back in March and the European Commission launched the EU Blockchain Observatory and Forum in February. However, no regulation has yet been made apart from an anti-money laundering agreement by the EU.
Image from Shutterstock
The post Crypto Crying out for Regulation as Thailand Leads the Way appeared first on NewsBTC.
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Blockchain Real Estate Platform: ‘Security Token Would Kill Our Business’
Blockchain Real Estate Platform: ‘Security Token Would Kill Our Business’
Industry experts and lawyers discussed whether companies should issue security tokens in a panel debate at real estate-focused event BitcoinCRE on June 14.
Part of London Tech Week, the event looked at regulations across the world and happened hours before Ether was declared ‘not a security‘ by the SEC.
‘A Security Token Would Kill Our Business’
In favour of issuing a security token, Lior…
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#BitcoinCRE#londonevents#LTW#proptech#@ldntechweek#Bitcoin#blockchain#crypto#https://t.co/rMLzb9Otqo#June 11#2018#not a security#pic.twitter.com/KoXqxtGYQL
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Billionaire Venture Capitalist Tim Draper to Keynote InnovateCRE
This post originally appeared on Marketplace Advertiser, Connected Real Estate Magazine and is republished with permission. Find out how to syndicate your content with theBrokerList.
Press Release: Billionaire Venture Capitalist Tim Draper to Keynote #InnovateCRE 2018
New York, NY – AnySizeDeals today announced that Tim Draper, renowned venture capitalist and billionaire, will be speaking at this year’s #InnovateCRE conference in New York City. #InnovateCRE is the global flagship conference focused on the convergence of real estate and technology. The conference will be held on September 12, 2018, in New York City.
Tim Draper will share his insights on Blockchain & Cryptocurrencies, Startup investing and his controversial Cal 3 initiative to split California into three separate states. Tim has invested in hundreds of companies including Redfin, Tesla, SpaceX, Hotmail, Skype, Baidu, Coinbase and many more.
The conference will host more than 30 dynamic panelists and speakers, including business leaders, startup founders, venture capitalists, real estate developers/owners, tech enthusiasts, blockchain experts and policymakers. Some of the notable confirmed speakers include;
William (Bill) Murphy – CTO, Blackstone
Sara B. Queen – 2017 Woman of the Year – New York Women Executives in Real Estate
Piper Moretti – CEO, The Crypto Realty Group
David Goldberg – General Partner, Corigin Ventures
Zach Aarons – Co-Founder, MetaProp NYC
Alain Cohen – CEO, Findspace
Dr. Thomas Schneider – Founder & CIO, BrickVest
Daniel Fetner – CoS, Corigin Ventures
J.Bradley Snyder – Co-Founder, Radical Galaxy Studio
Jon Schultz – Co-Founder, Onyx Equities
Steve Nson – Founder, AnySizeDeals
This year’s theme is Innovation for the Built World, and the topics include Space as a Service, IoT, Artificial Intelligence, Augmented/Virtual Reality, Blockchain, Cryptocurrencies and more. The format of the conference will be comprised of panel discussions, fireside chats, a startup alley, workshops and startup pitches. Attendees from all over the world are expected to attend, including a large contingent of startups from Europe. The festivities will take place from 8 a.m. to 5 p.m.
In addition to #InnovateCRE, AnySizeDeals produces various conferences including #BitcoinCRE and The Dealmaker Summit that attract some of the leading voices in real estate, blockchain and PropTech.
For more information and to register for the conference please visit https://innovatecre.com
About AnySizeDeals
AnySizeDeals is a global network of professionals passionate about real estate, PropTech and blockchain. We deliver value to our members through our global conferences, member-only private events with key industry figures and strategic introductions within our member network to enhance business opportunities. Our flagship conferences are #InnovateCRE (https://innovatecre.com) #BitcoinCRE
(https://ift.tt/2IvWS9U) and The #ASDSummit (http://asdsummit.com). Learn more information at https://ift.tt/2vI78rm.
Contact: Steve Nson, [email protected]
RSS Feed provided by theBrokerList Blog - Are you on theBrokerList for commercial real estate (cre)? and Billionaire Venture Capitalist Tim Draper to Keynote InnovateCRE was written by Connected Real Estate Magazine.
Billionaire Venture Capitalist Tim Draper to Keynote InnovateCRE published first on https://greatlivinghomespage.tumblr.com/
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Crypto Crying out for Regulation as Thailand Leads the Way
Industry professionals and CEOs of blockchain companies are clamouring for regulators to clarify the legal status of cryptocurrencies to open up innovation and help ‘smart money’ to move into the space. Thailand has shown how it can be done even if their policies are not crypto-friendly enough.
Regulation Will Encourage Growth
Regulation is often given a bad press but in light of the six-month bear market defining 2018, it appears that innovation is waiting on regulatory clarity. During London Tech Week, the common theme was that the industry wants clear regulation.
Speaking at the ‘Zeroing In On Europe’ conference on June 16, former Blackrock investor, Adam Grimsley, co-founder of Prime Factor Capital, said:
“Concerns around volatility, lack of liquidity, and regulatory uncertainty were more than enough to prevent the so-called traditional smart money from entering the arena.”
Coinbase UK CEO made a speech at the Blockchain Summit on June 13 in which he said that the industry needs to work with current financial institutions and educate them before we can achieve a crypto ‘utopia.’ Zeeshan Feroz, UK CEO of Coinbase, told NewsBTC:
“From a government point of view, we should be engaging with the space and looking at how we facilitate it. The biggest step at this stage is regulation, give businesses some certainty and give them a framework to operate within that will help grow it.”
A lot of ICOs have banned U.S. citizens from participating due to a lack of clarity over whether or not they classify as securities. Monaco VISA told U.S., India, Hong Kong and Singapore citizens that they are excluded due to ‘excessive regulatory risk.’ Rather than risk engaging with these markets, ICOs are just enforcing blanket bans to protect themselves, missing out on further funding and more development of the industry.
Speaking at BitcoinCRE on June 14, the founder of CPROP, Sandy Selman said: “We decided to use a tradeable entity. If it became a security it would kill our business. We decided not to take any U.S. money to not deal with the problem.”
Governments Can Regulate Crypto
Thailand has shown that governments can provide clear regulation on cryptocurrencies. In May, it enacted a regulatory framework for ‘digital assets and digital tokens.’ The bill sets out requirements for ICOs to register with the Thailand SEC to make sure that they comply with current laws. Although the taxes are currently quite high, it proves that governments can successfully regulate the industry.
In order to achieve the same clarity, the U.S. needs to decide which bodies are regulating cryptocurrencies. Recently, the SEC cleared up a few questions and confirmed that Ethereum is not a security but the IRS has deemed it property, and taxable. In response to the confusion, the state of Florida has created the position of a ‘crypto czar’ to help make state-specific regulations.
Across the globe, other countries need to speed up their decision-making processes. In Europe, the UK established a task force back in March and the European Commission launched the EU Blockchain Observatory and Forum in February. However, no regulation has yet been made apart from an anti-money laundering agreement by the EU.
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Blockchain Real Estate Platform: ‘Security Token Would Kill Our Business’ <p>Industry experts and lawyers discussed whether companies should issue security tokens in a panel debate at real estate-focused event BitcoinCRE on June 14. Part of London <a class="mh-excerpt-more" href="https://investingbitcoinguide.com/06/18474/crypto-analysis/blockchain-real-estate-platform-security-token-would-kill-our-business/" title="Blockchain Real Estate Platform: ‘Security Token Would Kill Our Business’">[...]</a></p> <p>The post <a rel="nofollow" href="https://investingbitcoinguide.com/06/18474/crypto-analysis/blockchain-real-estate-platform-security-token-would-kill-our-business/">Blockchain Real Estate Platform: ‘Security Token Would Kill Our Business’</a> appeared first on <a rel="nofollow" href="https://investingbitcoinguide.com">EXCLUSIVE CRYPTOCURENCY INVESTMENT GUIDE</a>.</p>
Industry experts and lawyers discussed whether companies should issue security tokens in a panel debate at real estate-focused event BitcoinCRE on June 14. Part of London [...]
The post Blockchain Real Estate Platform: ‘Security Token Would Kill Our Business’ appeared first on EXCLUSIVE CRYPTOCURENCY INVESTMENT GUIDE.
from EXCLUSIVE CRYPTOCURENCY INVESTMENT GUIDE https://investingbitcoinguide.com/06/18474/crypto-analysis/blockchain-real-estate-platform-security-token-would-kill-our-business/
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Blockchain Real Estate Platform: 'Security Token Would Kill Our Business'
Industry mavens and attorneys mentioned whether or not firms will have to factor safety tokens in a panel debate at actual estate-focused tournament BitcoinCRE on June 14. Part of London Tech Week, the development checked out laws internationally and came about hours earlier than Ether was once declared ‘not a security‘ by way of the SEC.…
Blockchain Real Estate Platform: ‘Security Token Would Kill Our Business’ was originally published on Daily Cryptocurrency News
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Blockchain Platform BitRent Takes Part in BitcoinCRE conference in New York
BitRent is the first blockchain platform meant to attract commercial and residential property investments at an early stage of construction in order to gain maximum profit by selling and renting out the acquired property. BitRent connect developers with investors.
Blockchain Platform BitRent Takes Part in BitcoinCRE conference in New York.
The BitcoinCRE conference took place on March 7 in New York. The team had an opportunity to share professional opinions on real estate and crypto-economy.
U.S. construction-industry is far from perfect. Its productivity is lower today than it was back in 1968, and investments have fallen over the past 10 years. The construction sector productivity has grown at only 1% annually over the past two decades. If nothing changes, the industry will fail to deliver the infrastructure and housing the world needs.
Poor productivity is the main reason of the market decline. Although there are big technological players around the world, construction also has a large number of low-productivity small firms. The procedure of setting up contracts is quite imperfect. It all leads to disputes and endless changes to the project specifications that are nothing but common.
Construction is a very complex process difficult to control. This sector became a profitable area for corrupt authorities, which leads to the growth of renovations and repairs buildings that are not yet put into operation and schedule overrun.
Underinvestment in technology is another root cause of low productivity. There is a direct linkage between the level of digitization in a sector and its productivity growth rate. In the United States, construction is the second-least digitized industry after agriculture.
Innovation can definitely make an important contribution to fundamentally change this situation. BIM as a tool to digitize the whole construction sector
BIM (Building Information Modeling or informational modeling of a building) has gained a reputation of a trusted tool for doing virtual construction. Today the list of projects using BIM is huge. The Walt Disney Concert Hall in Los Angeles was an early user of BIM and the new Giants stadium in the Meadowlands.
The use of BIM facilitates designing processes at all stages, performing analysis and control of all on-site activities. BIM technology is very detailed about all geometrical features of a building and all its structural elements. Such a complete model makes it possible to see all potential outcomes during construction in advance, assess efficiency rate, compare alternative options in order to focus on the best one and make an accurate schedule of all construction stages.
BIM enables for design and documentation to be done concurrently instead of serially. Schedules, diagrams, drafts, estimating, planning, value engineering and other forms of work are created dynamically while work is progressing.
Besides, the application of BIM technology reduces costs because more work can be done by a smaller team without corrections and renovations. Less time and money are spent in the process and management due to higher document quality and better construction planning.
The platform, based on the BIM technology, was represented at the BitcoinCRE Conference in New York.
BitRent uses BIM solutions to create and collect information about the building under construction at any stage of its existence. This technology allows to reproduce an accurate model on computers and other devices.
BIM is a state-of-the-art building tool capable of reducing costs of each construction project by 20% as well as cutting the completion time by 3 months.
Using BIM, the BitRent platform will achieve the following results:
33% lower costs – reduction in the initial cost of construction and the whole life cost of built assets; 50% faster delivery – reduction in overall time, from inception to completion, for new-built and refurbished assets; 50% lower emissions – reduction in greenhouse gas emissions in the built environment.
Thus, we believe that utilizing BIM within the BitRent platform in the construction sector will inevitably result in higher quality work, greater speed and productivity and lower costs for building professionals. (c) https://themerkle.com/blockchain-platform-bitrent-takes-part-in-bitcoincre-conference-in-new-york/
More about BitRent & ICO - https://bitrent.io/
Write your thoughts about the project in the comments. Thank you!
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@BitcoinCreative: EY, Microsoft and Shipping Giant Maersk Develop Blockchain Marine Insurance Platform https://t.co/b1lPgfB0Q9 — C… https://t.co/b1lPgfB0Q9
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