Bitcoin Price Could Hit $15,000 This Year

Christopher Matta, Goldman Sachs

According to my estimates, the recent tx spam on the ETH network cost up to ~$15m USD

Vitalik Buterin

IBM Will Use Internet of Things And Blockchain to Fight Drought

A collaborative IBM project using blockchain and the Internet of Things (IoT) to tackle drought is underway in the United States state of California, according to a press release published February 8.
BM Research and sensor tech provider SweetSense have recently announced a partnership in order to collaborate on a project using blockchain and the Internet of Things (IoT) to deal with the ongoing drought currently affecting California.
Both IBM Research and SweetSense have also partnered with a non-profit organization by the name of The Freshwater Trust (TFT) and the University of Colorado Boulder to utilize blockchain and IoT technology to sustainably manage groundwater in whats being known as one of the largest and most at risk aquifers in North America, which is located in the northern California’s Sacramento-San Joaquin River Delta.
In effect, the idea behind the project is to utilize IoT sensors to transmit groundwater usage levels in real-time. In order to obtain the data seamlessly and securely, the IoT sensors will transfer the data to the underlying IBM blockchain system. As such, the data is immutable to error, amendment or malpractice. The team at IBM are also hoping to utilize smart contract technology, which will allow the system to execute data when certain pre-defined if/when conditions are met.
According to Dr. Solomon Assefa, vice president for emerging market solutions and director at IBM Research – Africa:
“With the addition of the blockchain we can bridge critical trust and transparency gaps making it possible to build a robust, scalable and cost-efficient platform for managing precious groundwater supplies anywhere in the world.”