Blockchain in the real world

LIGHT HOUSE (vinumeris.com/lighthouse/faq) is essentially a bitcoin wallet with a built-in contract: you pledge coins to a project, just as you would on Kickstarter. If enough people put forward funds, the project goes ahead, and the funds are handed over. ETHEREUM (ethereum.org) was started by 21-year-old Vitalik Buterin. It’s a decentralised apppublishing platform that uses units called Ether to pay for contracts to keep services running, including voting, registries and contracts. RIPPLE LABS (ripple.com) doesn’t use a blockchain, but does employ a similar ledger system to make applications for financial trades and payments. The idea allows individuals and businesses to move money securely and instantly around the world.…

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PC Pro (Digital) - 1 Issue, July 2015

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