Sunday, February 04, 2018

Wake up and Taste Blockchain: Integrating Blockchain into Your Business: SIPTalks February 22

Wake up and Taste Blockchain, poster SIPtalks February 22, 2018
Society of Internet Professionals Blockchain SIP Talks
Wake up and Taste Blockchain: February 22, 2018 at ThatChannel, Toronto

Join us for the 2nd Blockchain event of #SIPTalks and explore what is Blockchain and how it will affect your life....very, very soon!

Wake up and Taste Blockchain
Integrating Blockchain in Your Business

Date: Thursday, February 22, 2018
Time: 6 pm - 8:30 pm
Registration, refreshments and meet SIP Team and Speakers at 5:30 pm

Venue: Internet TV Station -
Location: 600 Bay St, Suite 510, Toronto, ON M5G 1M6, Toronto

Event Description:
We are pleased to invite you to this second of three monthly sessions in our newly launched #SIPTalks. We began with a successful January session: “Wake up and smell the Blockchain” including three experts discussing how to harness Blockchain in your life.
For this Event, once again we have three experts who will simplify Blockchain and Cryptocurrencies: wallets, tokens and mining in 20 minutes talk time each, followed by a panel discussion.

Come early, by 5:30 to Network and meet Peers and Industry Leaders.

Jerry Qian, Founder, Open Bounty, Founding Organizer of The Bitcoin Bay, the largest and longest running Toronto Bitcoin meetup group.
Jerry is working on OpenBounty, a project management platform utilizing smart contract transactions and collaborative platforms.

Aryan Nava, Founder, Chief Strategy Officer, Blockchain Mind Inc.
Aryan will help us understand the demand for Blockchain technologies and Cryptonomics – the economics protocols that govern the demand, production and consumption of Cryptocurrencies and helping clients to launch ICO (Initial Coin Offerings) on Ethereum and building smart parking using Blockchain and Hardware wallet.

Scott Howard, CEO, ePIC Blockchain Technologies Inc.
The infrastructure required to mine cryptocurrencies. A massive business opportunity is waiting.
Scott connects tech companies with partnerships, channels, and capital to accelerate revenue growth. Converting business strategy into a predictable revenue engine that is multi-factor, not just sales.

Network with our sponsors, your peers and some industry leaders.

Registration Information:
$25. Early Registration, before February 18 is $20.
Free for SIP members, become a member (only $50/year) and also attend free next Blockchain event (Security concerns on March 22, 2018). Membership has many other perks.

Details and registration:
SIP Membership Details:

For more information or sponsoring opportunity, send an email to
Vikas Ramrakha, VP Events at or phone 416-558-3061

Check out our SIPTalks First Blockchain series discussion Wake up and Smell the BlockChain!

Download of a Princeton University Book on Blockchain

There’s a lot of excitement about Bitcoin and cryptocurrencies. Optimists claim that Bitcoin will fundamentally alter payments, economics, and even politics around the world. Pessimists claim Bitcoin is inherently broken and will suffer an inevitable and spectacular collapse. Underlying these differing views is significant confusion about what Bitcoin is and how it works. Princeton University, wrote this book to help cut through the hype and get to the core of what makes Bitcoin unique.

This book addresses the important questions about Bitcoin. How do Bitcoin and its block chain actually work? What makes it different? How secure are your bitcoins? How anonymous are Bitcoin users? What applications can we build using Bitcoin as a platform? Can cryptocurrencies be regulated? If we were designing a new cryptocurrency today, what would we change? What might the future hold?

Register for the above event and get a pre-publication draft of the book, a study conducted by the Princeton University

Saturday, February 03, 2018

Blockchain: Unbelievable Transactions Blockchain Can Promote!

youtube video: Introduction to Bitcoin
Presented at the Singularity University's Innovation Partnership Program (IPP), this is an entry level talk about bitcoin by Andreas Antonopoulos.
Published by aantonop on Sep 24, 2016
This article, authored by Cory Popescu was first published on the blog of the Society of Internet Professionals (SIP). SIP is a not-for-profit, Toronto (Canada) based International organization to connect, learn and share. Our Vision is to provide the opportunity to leverage technology to have an inclusive future for everyone.  Since 1997, SIP has spearheaded many initiatives, educational programs, and networking events.

Since cryptocurrencies' birth, flowing them across the markets have not been easy partly because of their volatility which does not make it suitable to pay for goods and services. Therefore, blockchain transaction and traditional financial economies keep separate ledgers without cooperation between these systems.

In order to grow, bitcoin and other cryptocurrencies need larger markets to carry out their transactions of goods and services. Unless used in large cryptocurrency markets, for example bitcoin, it would not be able to expand. And bitcoin cannot expand until it trades in its own currency markets. With this paradigm, we can think of expansion utilizing the cryptocurrencies in specific trade finance transactions, meaning buy and sell products between two companies in different countries and use a bank to guarantee, which for centuries are controlled and guided by traditional financial and banking system.

Having been presented in a previous blog post Blockchain: Growth and Limitations, some of blockchain features relates to the transactions' performance efficiency which take place with high security. The speed and simplicity of blockchain operations lure, and not only, top bankers to conclude trade finance exchanges which otherwise can last weeks or even months even using correct data. As an amazing medium of transfer, the cryptocurrencies can be used with small fees to conclude small – for instance, six figures - transactions in only a few hours.

This is the case of Barclay's facilitating a $100K deal – more info in the references – of cheese and butter between an Irish food company and a trading company. The transaction finalized in four hours and with a high level of security because of the following reasons:
  • The blockchain made available from Barclay's consisted of digital ledger that is temper-proof, meaning that no party in the deal have the power alone to change the transaction books.
  • Blockchain has a built-in transaction system and digital record-keeping.
  • Secure network to transmit all documents between parties.
Using the traditional financial system, this considered small transaction would conclude in weeks with considerable higher costs including the intermediary costs. Using the new technology eliminates the need for the middlemen providing significantly more efficiency dealing in smaller transactions as there are no more steps added to the supply chain or long supply chains are irrelevant for the open, decentralized networks.

With such success in trade finance, new favourable opportunities manifest and are related to more efficient transactions between small companies from different countries regardless of the countries' levels of development.


MIT Technology Review: Why America’s Biggest Bank Digs Anonymous Cryptocurrency

Casey Research: This One Trade Changed 400 Years of History in Just Four Hours

Cory Popescu

Your comments are welcomed

You can also read this article here:

Click on the links below to read the other articles by Cory Popescu:

Blockchain: Growth and Limitations
Efficient Action Lists: Your Effective Time Management Tool
What are the Industries that Most Use Internet of Things?