Immutable evidence

Today’s business use case is very simple, and in detailing it, we may help others understand a little more about Bitcoin itself. Bitcoin is simply an immutable evidence trail. The sole reason why...

Posted on 2019-02-16

Secure wallet systems

Early on, I created a system that we had awarded as one of our earliest patents. After Mt Gox, it was clear that there is a need for a “Secure Split Key” technique — to build upon the...

Posted on 2019-02-10

Storing IP on the Blockchain

Electronic distribution of intellectual property (IP) poses numerous risks for the creators of the content, since it becomes difficult to maintain control of such property or monitor who is using...

Posted on 2019-01-27

Bitcoin and Quantum Computing

Even if a quantum computer existed — they do not — Bitcoin would be fine. Quantum computers are hypothetical machines that are based on several postulates from quantum mechanics in physics. If...

Posted on 2019-01-23

Smart-card-based mobile wallets

In today’s instalment of business ideas that can be created using IP nChain has developed, I will detail how a smart-card application can both help secure a Bitcoin wallet and allow pseudonymous...

Posted on 2019-01-13

Returning Bitcoin to its role

In this series, we will be looking at the changes to Bitcoin and why these have degraded the system. This will document the Core alterations and the myths and start to explain why Bitcoin was fine...

Posted on 2019-01-08

An immutable file and data store

I shall be starting a weekly post on uses of Bitcoin (BSV). BSV allows using the full potential of Bitcoin and the many possible systems and applications that can be created using it. All of the...

Posted on 2019-01-06

Contract Law and Smart Contracts

Contract law is designed to minimise: the cost of writing a contract; the cost of courts rewriting contracts; inefficiency (including behaviour) from inefficient, poorly written, or incomplete...

Posted on 2018-12-28

Breach of contract — Remedies for breach

When the court decides there has been a breach, there are many remedies at its disposal. One solution is to require specific performance. As such, a breaching party is required to fulfil the...

Posted on 2018-12-27

On Predicates

In the common law, many individual fact-based decisions are set as predicates. No, not these. To many, it ends up making it seem as if Bitcoin and automated smart contracts could be a way of...

Posted on 2018-12-21