Archive for January 2016

The Future of the Blockchain: A Better Way to Manage Large Databases

For years, Bitcoin has received media attention and venture capital investments for its potential in creating a new, wholly digital currency. However, perhaps the most revolutionary part of Bitcoin is not the currency itself, but rather the underlying mechanism that powers it: the Blockchain. The Blockchain acts as a decentralized, tamper proof ledger, which allows…

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Financial Lessons Learned From Playing the Powerball

Last week marked the largest ever Powerball pot, with an advertised value of $1.6 billion. While playing the lottery is notoriously a fool’s errand (the odds for this Powerball stood at 1 in 292 million), it actually serves as a cheap, entertaining way to better understand behavioral economics and your own biases towards risk. First…

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