'State of Blockchain' - Consensus 2017

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The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.

Applying the Howey Test to the DAO Tokens- On July 25, 2017, the SEC issued its Report on an investigation into an ICO and related activities by the DAO, an unincorporated entity, Slock.it UG (“Slock.it”), a German corporation, and various principals and participants. Previously in this Lawcast series I went through the parameters of the Howey Test to determine if a particular investment contract is a “security” under the federal securities laws. I also have detailed the relevant facts related to the DAO and its ICO offering. Applying the Howey Test to the DAO Tokens, the SEC notes that “money” need not include cash, but rather can be anything of value. A contribution of ETH is an investment of “money” as considered by the Howey Test. Investors in the DAO were investing in a common enterprise with the expectation of profits, including dividends and increased value. The SEC also found that the profits were to be derived from the efforts of others, including Slock.it, its founders and the DAO curators...

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The blockchain will enable to build the Internet of Value(Internet2). Anyone can share atoms and experiences as they share bits or informations in the current Internet. With the blockchain, the Sharing Economy will be more booming. 비트코인의 핵심기술인 블록체인(사슬원장)은 시민중심의 공유경제의 새로운 지평을 열 것이다. 블록체인은 제 2의 인터넷으로 가치를 쉽고 편하게 신뢰하고 거래할 수 있는 기반 기술이다. 따라서, 공유경제와 블록체인의 관계를 짚어본다.

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