Decentral Inc. and Gowling WLG Form Strategic Blockchain Alliance

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Collaboration to pave way for responsible growth of Canadian blockchain sector

Decentral Gowling strategic blockchain alliance
Decentral Inc. and Gowling WLG form historic strategic blockchain alliance

Decentral, Canada’s leading blockchain company and the creator of Jaxx, and Gowling WLG, a multinational law firm and leader in the blockchain space, have today announced a strategic alliance to optimize the many commercial and legal applications of blockchain technology.

The relationship will allow the two companies to fuse their expertise on a number of significant initiatives. From engineering practical smart contract technology and drafting foundational legal precedents documents, to helping regulators establish frameworks that encourage the responsible growth of Canada’s thriving blockchain sector.

Based in Toronto, Decentral is one of Canada’s most recognizable blockchain companies. Its Founder and CEO, Anthony Diiorio, co-founded Ethereum. Decentral’s flagship product is Jaxx, a cryptocurrency wallet and multi-token blockchain interface.

Diiorio believes the alliance is a sign that the blockchain space is rapidly progressing. “Decentral’s relationship with Gowling WLG spans a number of years, and we are delighted to form an alliance that enables us to work even closer together on a number of transformative blockchain industry initiatives. Canada is one of the leaders on the world stage for blockchain and cryptocurrency and I am confident Decentral’s strategic alliance with Gowling WLG will further cement the country’s place as an innovation hub,” said Diiorio.

Two blockchain leaders unite

Usman Sheikh, Head of Gowling WLG’s Blockchain & Smart Contracts Group, said:  “Decentral is a major player on the world blockchain stage. As Gowling WLG continues to assert itself as the Canadian legal industry’s blockchain torchbearer, our collaboration with Decentral will ensure our clients have access to the cutting-edge tools and forward-looking expertise needed to succeed in an increasingly competitive landscape.”

As part of the agreement, Decentral will help Gowling WLG develop its internal blockchain infrastructure and client-facing tools. Gowling WLG will provide comprehensive legal guidance on Decentral’s current practices and ongoing projects.

Canada emerges as leader in blockchain

Decentral’s President Addison Cameron-Huff said: “This alliance demonstrates Canada’s leadership in the blockchain space — a winning combination of a world-class blockchain software team plus a best-of-breed legal team. Together, Gowling WLG and Decentral will help to refine and architect the burgeoning Canadian blockchain industry, lifting the technology to new heights.”

 

Notice: Decentral sites under maintenance for the next 48 hours, possible downtime

 

We’re going to be performing some maintenance on Decentral’s websites over the next 24-48 hours, performing some amalgamation and updating our DDoS protection configuration. This may result in some downtime over this period for some or all of our sites and web services:

 

decentral.ca
jaxx.io
ethereumwallet.com
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decentral.tv

 

This will not affect the functionality of Jaxx whatsoever. We apologize for any inconvenience and should have normal service restored before very long. Thanks in advance for your patience and understanding.

Why Ashton Kutcher & Akon are Tuning into Blockchain Technology

ashton akon blockchain technology

For many, especially individuals content with the status quo, it is unfathomable to predict the progress of future technology. For others, the idea of using decentralized strategies to further our technological autonomy has fueled ambition to create new and disruptive technologies.
 
For example, the blockchain is a technology that allows databases to be shared across a network of computers. Information on the blockchain exists on all computers (or nodes) on the network, and each block represents an up-to-date record of whatever information is being stored. The first and best-known application of the blockchain to date is the digital currency Bitcoin. However, the technology has many other potential uses, some that could have the capacity to reframe our social relations and power dynamics. The blockchain’s ability to facilitate transparency and disintermediate trust suggests blockchain adoption will bring on a paradigm shift in our culture.
 
So what do innovations like these mean to technophobes or people not particularly well-versed in technology? Disruptive technologies like the blockchain could mean that individuals no longer have to rely on a centralized authority to control social, economic, and even political transactions. This realization has gained the attention of the following celebrities who have been able to help close the gap between tech fanatics and mainstream populations:
 

1) Ashton Kutcher

The actor, producer, and now investor, has had his fair share of success acting in films such as No Strings Attached and The Butterfly Effect, along with TV roles in Two and a Half Men and Netflix original The Ranch. Kutcher, who co-founded his own venture capital firm in 2010, A-Grade Investments, has been a longtime fan of blockchain technology and Bitcoin. In a 2013 video, Kutcher spoke at TechCrunch Disrupt NY about the power of decentralized technology:
 

“…what can decentralized technology do? Imagine if we could decentralize [the] issue of security… the notion that we could civically monitor each other in an anonymous way actually keeps the anonymity of the Internet, we don’t have to worry about Big Brother and that same infrastructure that built out bitcoin could be used in the security industry for mass good.”

 


 
Kutcher also sees the political value of blockchains — especially with regards to proposals by two of the current US Presidential candidates for remittance policies that would obstruct migrant workers’ abilities to send money to their home lands.


 
Kutcher’s advocacy as a leader in disruptive technology could encourage a growing number of people to embrace blockchain technology and cryptocurrencies. It’s what celebrities do best — create trends and start conversations on these topics.
 

2) Akon

Recording artist and producer, Akon, has been a vocal supporter of blockchain technologies and cryptocurrency. When he is not making hits, he is busy doing philanthropic work. Most recently, he helped provide electricity to over 600 million individuals across Africa. Through his cryptocurrency advocacy, Akon has been a proactive voice for reclaiming personal autonomy through technology.
 
From promoting Bitcoin and digital currencies in his home country of Senegal, as well as across West Africa, Akon is hopeful for the future of charities and other initiatives. As he explains:
 

“Digital currency is going to be the future, and as you can see I can’t remember the last time I carried a wad of dollars in my pocket…there’s all these new innovative ideas, but one in particular, by the name of bitcoin… [it’s] going to change the world from a money transactional standpoint not just for Africa, but for everywhere.”

 
The message is clear: financial systems, as we know them, are changing. Blockchain technology has the potential to streamline access to financial services, override corporate influence and open up new markets wherever wealth disparity exists. This is not to say that this technology will immediately or permanently solve global economic inequality, but it throws a wrench into the system, empowering those who wouldn’t have had the chance to be prosperous. Celebrities like Akon are helping to make this happen.
 

3) Imogen Heap

As the only female artist to have won a Grammy award for engineering, the “Hide and Seek” singer has always been a leader in tech innovation in the music industry. For example, Heap invented and designed musical gloves to manipulate sounds with hand gestures that can be used to produce music.
 
Now, Heap has embraced Ethereum (co-founded by Decentral’s CEO Anthony Di Iorio), a decentralized blockchain platform that can execute peer-to-peer “smart” contracts. By working with coders to develop a publishing method that is provably transparent, Ethereum can automatically distribute payment for sales of all copyrighted content, essentially eliminating the need for a middleperson or centralized authority. Her Dapp (decentralized app), Mycelia by Heap, will allow individual components of songs (such as a beat or a hook) to be licensed and monetized, with the owner of the content losing less (or none) of their revenue to corporate rentiers.
 
This concept isn’t restricted to music. Since the digital age, creative industries such as books, films, and visual art have experienced a loss of control over their content. When physical properties get digitized, they can be reproduced and shared by a global audience without creators receiving revenues from it. With the blockchain, respect for artistic property is being reclaimed and Imogen Heap wants to be the leader of the revolution. Her single “Tiny Human,” which is only available for purchase with ether (the fuel that powers the Ethereum network), is solidifying Heap as a foremost innovator of music distribution using blockchain technology.
 

4) Richard Branson

Entrepreneur and billionaire Richard Branson has also been an avid promoter of Bitcoin and blockchain applications. In addition to acting as an advocate for cryptocurrencies and disruptive technologies, he has invested in cryptocurrency companies (e.g. BitPay), hosted an exclusive digital currency conference on his own private island, and onramped Bitcoin as an accepted form of payment for his space travel initiative, Virgin Galactic. In a discussion with Argentinian President, Mauricio Macri, Branson outlines how Bitcoin can offer individuals:
 

“Greater levels of control, freedom and scrutiny over what happens with our money, Bitcoin addresses these concerns and that is why so many people believe it represents the future. While many of us are excited about the possibilities Bitcoin has to offer, I’m not sure any of us would argue that it comes without problems.”

 
An extremely powerful and a high-profile celebrity, Branson can use his fame to spark overdue and meaningful conversations with decision-makers about cryptocurrencies and disruptive technology and, in turn, explore applicable use-cases.
 
coyno-bitcoin-expo-wien-4-638

 

5) Mike Tyson

Boxing bad boy Mike Tyson has been an avid participant in the Bitcoin revolution. Working in partnership with Bitcoin Direct, Tyson recently unveiled two Bitcoin-related initiatives: Mike Tyson Bitcoin, a Bitcoin ATM, and a digital wallet, the Mike Tyson Digital Wallet. Underlying both products is Tyson’s interest in increasing awareness about Bitcoin and encouraging non-specialists to use the cryptocurrency. As a celebrity, Tyson is interested in using his celebrity status to promote discussions about Bitcoin and its potential to incite positive change:
 

“People don’t really understand a currency based on numerical equations. I personally still don’t … but I’m grateful to be a part of the revolution and hoping that my participation in this space will lead to more conversations and help increase knowledge and awareness.”

 

 
While Tyson’s initiatives are still in their relative infancy, such endeavours offer insights into Bitcoin and blockchain technology test-cases. By investing in products aimed at non-specialists, celebrities like Tyson make accessible what may otherwise come across as exclusive or obscure technologies.
 
Disruptive and decentralized technologies are the future and we have just begun the journey. As more and more familiar faces get on board with blockchain technology, the gap between the tech industry and mainstream culture should definitely begin to narrow. Can you imagine our current society without the influence of the Internet? Neither can we. It’s everywhere. The question is, will blockchain technology be the next Internet, and what will its capabilities and influence be? All we know is that the future is here and it’s knocking on our doors. Will you let it in?
 

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To learn more about Ethereum, check out its website here: www.ethereum.org
 
Matthew Brown is the Event and Marketing Coordinator at Decentral. He hopes to apply his studies in cyber anthropology toward blockchain technology. An avid networking enthusiast and social butterfly, you can find Matthew at all DEC_TECH meetups, the upcoming Blockchain World Expo and other events hosted by Decentral.
 
Picture of Ashton Kutcher courtesy of David Shank

Anthony Di Iorio talks Bitcoin on CTV News

Anthony Di Iorio talks Bitcoin on CTV News, blockchain consulting, bitcoin toronto


 
“If cash is king of the real world, then in the digital universe Bitcoin is boss.” Anthony Di Iorio talks Bitcoin on CTV News in the video above. (Make sure to disable your AdBlock to view it).
 

Why Bitcoin?

You can pretty much buy anything you want online with bitcoin now. From gadget sellers to travel sites, more and more vendors are accepting the payment method, even offering discounts.
 
The digital currency has allowed people to exchange money without paying interests or fees, quickly and securely. The system doesn’t involve a third-party processor so transactions are completed almost instantly. Using bitcoins for online purchases is also considerably more secure than using credit cards because users aren’t required to give out private information.
 

Where to buy bitcoins?

In the video, Anthony is seen sliding a $5 bill into our Bitcoin machine. You too can buy or sell bitcoins using cash with our two-way Bitcoin ATM at Decentral on 123 Spadina Avenue. The ATM is open from 9am to 9pm, 365 days a year. If you are new to the Bitcoin scene, take a look at our FAQ page here.

Bitcoin Decentral at Bitcoin Expo

Bitcoin Decentral is a proud exhibitor at Canada’s first Bitcoin Expo happening at the Metro Toronto Convention Centre next week.

Our team will be present at Bitcoin Decentral’s booth to introduce you to our new coworking space and take applications for the accelerator program. We may even bring the BTM with us! 

We’ll be hosting a Hackathon on April 10th, the day before the Expo starts, so if you’re interested in participating, click here to reserve your spot.

Bitcoin Expo 2014 will also be a great opportunity to get to know some amazing people behind Bitcoin Decentral Accelerate. Fifteen of our mentors will be speaking at the conference! Many of them live outside of Canada, so if it wasn’t for this event, we’d only ever meet them via Skype.

So, have you bought your tickets yet? They’re going fast! Please visit www.bitcoinexpo.ca to register now and take a look at the program.

See you soon!

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