The Lab's Digital Currency InitiativeI closed the curtain on a 23-year journalism career, something that I could not have done if I hadn’t felt very excited about the opportunities ahead.The blockchain technology behind bitcoin and other digital currencies has enormous potential to disrupt the global financial system, in particular to forge financial inclusion and give people power over their assets and identity that until now has, for too many, been lacking.We are at a moment, I believe, like that of the dawn of the Internet.We're only scratching the surface on how this technology could change the structure of our financial and economic institutions.In this context, I help the Media Lab's new Digital Currency Initiative to incubate blockchain-related projects that are uniquely seen to have a social impact, with a particular focus on the developing world.I see my role continuing as a communicator and an explainer, helping to boost awareness generally about the potential ingrained in this technology.

Getting people's heads around this stuff is still a challenge and I enjoy taking it up on behalf of MIT, just as I saw education around bitcoin as a key part of my job at WSJ.I also advise senior managers and executives from organizations of varying size on the broad implications, challenges and opportunities posed by the many applications of blockchain technology, the distributed ledger software on which bitcoin and other digital currencies are based.I draw upon the broad knowledge and contacts I developed during my period as a journalist at the world's finest financial news organization, where I covered this technology and the industry developing around it and co-authored a book on the subject.Now, my insights are also formed by employment in this field at MIT, the world's leading technology research institution.I believe blockchain technology, whether it takes the form of pure decentralized applications like bitcoin or private "permissioned" ledgers, will ultimately have a sweeping, disruptive impact on our economy.

Financial firms of all definition will especially need to come to terms with it, but the ramifications go far wider than banking, payments and credit.bitcoin 30 day moving averageLawyers, manufacturers of "Internet of Things"-linked appliances and multinational supply-chain managers are just some of those whose roles are likely to be profoundly affected by this technology.bitcoin bingo softwarePlease have a look at the Lab and DCI websites for more in-depth information about my colleagues, advisees, and their boundary-testing projects:MIT Media LabDigital Currency Initiativefree bitcoin sms alertWant more Access, Content & Connections?litecoin account erstellen

We are glad you are enjoying Advertising Age.To get uninterrupted access and additional benefits, become a member today.bitcoin national geographicUpgrade to Membership Already a member?dhl bitcoinLog in or go back to the homepage.bitcoin korea premiumLast week in Boston MIT Media Labs helds its first summit dedicated to design, Knotty Objects.bitcoin berlin barThe meetup brought together scientists, designers, engineers, scholars and other various makers to explore the transdisciplinary nature of design through a unique collection of lenses: bricks, bitcoin, steak and phone.android bitcoin wallet redditTo introduce each subject, MIT Media Labs worked with production company mssngpeces and some of the summit's tech and design experts to create playful, informative videos that raise some thought-provoking questions: How does bitcoin bring currency control into the hands the consumer?

How has the humble brick concept led to astounding developments in technology?Can in-vitro meat solve problems posed by industrialized food production?And who are designers really catering to when they think up new mobile phones?The experts featured in the films include Ayah Bdeir, founder/CEO of LittleBits, David Benjamin, principal of architecture and design firm The Living, MIT Media Lab Director Joi Ito, Artist/Designer Daisy Ginsberg, Artist/Philosopher Koert van Mensvoort, Andrew "Bunnie" Huang, founder of design studio Kosagi and Kevin Slavin, Area/Code co-founder and assistant professor/founder of Playful Systems at MIT Media Lab.You must be registered to rate the ad.Please Login or Register Now About CreditsDateJul 21, 2015Agency:m ss ng p eces Client:MIT Media LabProduction Company:m ss ng p ecesProduction Company:m ss ng p ecesCurator:Paola AntonelliCurator:Neri OxmanCurator:Kevin SlavinExecutive Producer, Founder:Ari KuschnirExecutive Producer, Partner:Kate OppenheimExecutive Producer, Partner:Brian LattHead of Production:Dave SaltzmanProducer:Jonathan FigueroaDirector:Sam Kuhn Tags Category Latest Creativity News on Ad Age Patrick Dempsey Signs With Independent, Phang and Alicajic Join Committee L.A.

It's 'Food, Not Boobs' in Carl's Jr.and Hardees' Brand Refresh WeChat Made Addicted Users Go Cold Turkey For 12 Hours and Filmed Everything Related work MIT Media Lab: Knotty Objects - Phone m ss ng p eces MIT Media Lab: Knotty Objects - Steak m ss ng p eces MIT Media Lab: Knotty Objects - Bitcoin Your email: Friends' email: Your comment: Security Code: The Creativity Daily Newsletter Get highlights of the most important daily news delivered to your e-mail inbox.Subscribe Product Spotlight Ad Age Apr 19 New York, NY A-List & Creativity Awards May 03 Detroit, MI Ad Age Brand Summit Jul 18 Nashville, TN Small Agency Conference and Awards Ad Age Data Download; The Big Deal on Big Data Video Ad Streaming: A Simple Change That Will Set a New Industry StandardMIT Media Lab Is Launching a New Bitcoin Research Initiative Brian Forde, former White House senior advisor for mobile and data innovation, will lead the cryptocurrency-focused effort.

1.7K The MIT community seems pretty confident that Bitcoin is going to be big.Just look to some of the school’s more recent initiatives for proof — like the MIT Bitcoin Club, the MIT Bitcoin Project, and the Bitcoin Expo.Last fall, researchers at MIT's Computer Science and Artificial Intelligence Laboratory and the MIT's Laboratory for Information and Decision Systems developed an algorithm to predict Bitcoin's prices, and the MIT Bookstore even started accepting Bitcoin.Joi Ito Now as Bitcoin gains traction, it seemed to make a lot of sense to launch a research effort focused solely on cryptocurrencies at the MIT Media Lab, according to Media Lab Director Joi Ito.Both faculty and students from across the Institute, as well as some Media Lab member companies, will participate in this initiative, Ito revealed Wednesday on his blog.Ito said the Media Lab has also brought on a former White House senior advisor for mobile and data innovation, Brian Forde, to spearhead the overall effort, along with MIT CSAIL professor Nickolai Zeldovich.