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U.S. Department Allocates Funds for Blockchain Research

Distributed Summary:

  • In announcement of a $5 million fund for university training and research, department noted emphasis on decentralized blockchain protocol

The U.S. Department of Energy has begun a formal survey into blockchain technology, with a large budget to match.

As revealed by the department on its website, a nearly $5 million fund has been earmarked for use in general “University Training and Research for Fossil Energy Applications.” The goal for this overall investment is to explore several different and promising avenues of energy development, including the training of new scientists and engineers.

Of particular note, however, is that the announcement put a specific emphasis on decentralized blockchain protocols, which it called an emerging technology “that secures process signal data and other information flows within distributed sensor networks.”

The notice offers only vague details about how exactly the Department of Energy will go about allocating or spending this sizable research fund. Still, the fact that blockchain technology ranks so prominently on the department’s list of concerns should be a good sign for enthusiasts of decentralization.

Bitcoin Now Available Through Coinstar Kiosks Nationwide

Distributed Summary:

  • Coinstar and Coinme team up to offer bitcoin-for-cash transactions at grocery stores around the country
  • Twitter users have shared photos of the on-screen process

Here Come the Three Bears

Joseph Lubin Joins ErisX

Distributed Summary:

  • The founder of ConsenSys joins the board of ErisX, a spot and futures crypto asset platform
  • Could precede additional assets becoming available on the platform
  • Signals potential optimism for 2019 crypto asset market

Legislation From Wyoming Could Enable Blockchain-Based Stock Certificates

Distributed Summary:

  • Bipartisan bill would allow corporations to use blockchain tokens as their only form of stock certification
  • Comes on the heels of other pro-blockchain legislation passed in the state
  • Successful implementation under these blockchain-friendly laws may change legislation elsewhere