Blockchain Blog

Bitcoin News for the week of 8/22/16

Welcome to our weekly bitcoin news recap, where we cover top headlines and stories in the world of bitcoin each week. This week a compelling TED Talk from Don Tapscott about bitcoin and blockchain technology was released; it’s a must-see video and we’ve embedded it below. Also this week we cover innovation in bitcoin privacy tools, and the importance of developing a solution that works sans third party intervention. Get all this news and more, in this back-to-school edition of our weekly Blockchain recap.

Understanding the blockchain evolution

[ted id=2573 lang=en]

How the blockchain is changing money and business

What is the blockchain? If you don’t know, you should; if you do, chances are you still need some clarification on how it actually works. Don Tapscott is here to help, demystifying this world-changing, trust-building technology which, he says, represents nothing less than the second generation of the internet and holds the potential to transform money, business, government, and society.

If you’re interested in hearing more about the blockchain, Laura Shin of Forbes released a new episode of her podcast Unchained, where she covers the basics of blockchain technology with Andreas Antonopoulos. Antonopoulos shines the light on the revolutionary nature of the new tech and how it lives up to the hype (links to check out the podcast: Google PlayiTunesStitcherTuneIn Radio).

For another stop on the blockchain education train, visit our Support Center to refine your newfound knowledge with our updated Bitcoin terms glossary, where you can master beginner to advanced bitcoin terms from A to Z.

Privacy enhancement tools
![Blinds image via CoinDesk.com](https://blog.blockchain.com/content/images/2016/08/blinds-room-dark.png)
Blinds image via CoinDesk.com
[Bitcoin Privacy Tool ‘CoinShuffle’ Sees First Transaction](http://www.coindesk.com/bitcoin-privacy-advances-first-coinshuffle-transaction/)

A new type of privacy improving transaction has been successfully tested on the bitcoin network. You can read more about CoinShuffle here, a proposal that first generated excitement in April 2014.

Bitcoin in the global marketplace
![Image via Bitcoin.com](https://blog.blockchain.com/content/images/2016/08/fintech-blockchain-germany.png)
Image via Bitcoin.com
[Fintech & Blockchain is ‘Eating the German Landscape’](https://news.bitcoin.com/fintech-blockchain-german-landscape/)

Blockhain and financial technology may be going German, with a vast amount of startups in these industries choosing to set up shop in Berlin. Several startups in Berlin told Reuters that the German Capital is booming as a hub for financial technology. Berlin is currently home to over 70 fintech companies, while there’s less than half that number in the financial centre of Frankfurt.

In Argentina, Uber is still standing strong despite months of being denied credit and debit card service, in part thanks to Bitcoin. And in France, the third largest bus company Isilines has started accepting bitcoin as part of a six-month test-run. Isilines is the first company in its sector to accept a digital currency.

South Africa’s central bank is opening up to the idea of bitcoin and the blockchain too. In a speech at a cybersecurity conference held in Johannesburg, governor Lesetja Kganyago indicated that the South African Reserve Bank is exploring the technology and interested in innovations that may stem from its development.

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