President Maduro is a controversial figure. But love him or hate him, i feel this is a good move for crypto adoption. It's a move that could also help bolster the struggling Venezuelan economy. I think Maduro can be paralleled with Gaddafi in the sense that some of his policies and official actions may be unpopular, but the country is better off with him than with a plated puppet that is used by foreign governments to exploit the country's resources. Read more below...

https://cointelegraph.com/news/president-maduro-orders-the-bank-of-venezuela-to-accept-petro-crypto

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Check it out:

Libra's Pitfalls and How They Negatively Effect Black investors

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Fulfilling the social mandate of the Chamber to raise awareness, facilitate adoption and inspire advocacy for commerce, consumers and professionals building careers in blockchain has been a tall order!  That's why we are so happy to share the responsibility and reward of fulfilling this mandate with the community through the Blockchain ECOsystem platform!  Click HERE to watch a short video about how to best share the ECOsystem with your network to participate in the process and the product we are building together.  The rewards for you as the one sending the invitation and the benefits to those who you invite are unparalleled.  This is a "by invitation only" platform so the quality of the people and projects showcased here are a direct result of our choices in who we invite.  Choose wisely, my friends, and lets see who can be the first person to earn their $...more

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The Blockchain Chamber of Commerce (BCC) launched the Blockchain ECOsystem (ECO) (https://blockchainecosystem.io), a social media and rewards platform on the Stellar Blockchain. The ECO will provide an interactive, knowledge-sharing, and promotional platform to showcase leading blockchain professionals and thought leaders from around the globe as well as BCC’s affiliated chapters worldwide.

Many experts believe that blockchain related technologies are still in their infancy yet forecasts suggest that blockchain technology revenue worldwide will experience rapid growth with a market expected to climb to over USD $23 billion by 2023.

“The focus of building out the Blockchain ECOsystem has been to maximize collaboration and exposure for the community developing blockchain technology AND to serve the community looking for trustworthy blockchain education, solutions, and partner...more

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Technology leaders from around the state of Georgia gathered for the launch of Digital Ignition in Forsyth County Thursday, June 27th.  This center of innovation is going to be the home of blockchain startups in the North Atlanta area and is another step on the road toward building the Blockchain ECOsystem in Georgia! Lieutenant Governor Geoff Duncan gave the challenge for Georgia to become a technology leader in the SouthEast.  What efforts are happening in your local area to raise awareness, facilitate adoption and inspire advocacy for blockchain tech?  Showcase them here!  Can't wait to hear what's happening in your space!  

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This weeks top headlines:

- $VET collaborates with Walmart China

- $ADA releases Phase 1 of Shelley testnet

- $ICX Digital Identity Solution added to Korea FSC Fintech Sandbox

- Liechtenstein financial regulator approves $ICN securities

- $CPX network launches mainnet

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How did we arrive here?

Broadly speaking, there are three underlying forces – 2008 financial meltdown, technological research and the emotional need to restore trust and security – that are leading to the breakthrough of Blockchain technology.

The first force is the 2008 financial meltdown which happened due to sub-prime crisis and had subsequent global impact. This financial crisis also meant crisis of trust. From historical perspective, initially, communities used to be the network of trust for exchange of values. Then, Sovereign was the central authority acting as the intermediary; later, with the progress of economy and with the increase of trade and commercial activities, institutions backed by systems, rules and regulations became the intermediaries to facilitate transactions. However, this economic progress came at the cost of economic waste – inter-mediation, contracting and arbi...more

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