Topic: Core i7's and Blockchains together, now you know you in trouble! (Read 1241 times)

Thanks for clarification dude!
The news sites that I checked never shared this link before. But what I said still stands for IBM. it's still rumour.

LOL come on man, open your eyes!  

https://intel.taleo.net/careersection/10000/jobdetail.ftl?job=756189

Don't take those news seriously guyz.
They're just "Rumours" to speculate markets...

IBM and Intel never revealed that they're working on a Bitcoin-like tech.

Any tech company can hire cryptoghrapy expert on any time. It can't be releated with bitcoin for sure.

Job Description
 
Cryptographic Researcher - 756189
 
Description
 
Job Description: Digital currencies like Bitcoin have captured the imagination of the press. Related startups are generating a great deal of VC interest and investment because of the potential significance of any disruption of the financial payment industry. Its fundamental technical innovation is the decentralized transaction ledger called the 'block-chain'. It allows bitcoin to prevent double-spending of currency by recording all transactions in an open ledger without the need for a central authority. Such a distributed, public, secure, peer-to-peer transaction record enables not just the exchange of bitcoins but many secondary uses that the research and startup community are exploring such as digital marketplaces.

The Special Innovation Projects group within Intel Labs is looking for a researcher to investigate hardware and software capabilities that advance the performance, robustness, and scalability of open, decentralized ledgers. Working with a team of distributed systems, operating systems, and security technologists, you will focus on development of cutting-edge, cryptographic algorithms for improving the robustness and assurance of transaction verification within an open, decentralized ledger.
 
Qualifications
 
You must possess the below minimum qualifications to be initially considered for this position. Preferred qualifications are in addition to the minimum requirements and are considered a plus factor in identifying top candidates. Experience listed below would be obtained through a combination of your school work/ classes/ research and/or relevant previous job and/or internship experiences.
 
Minimum Qualifications:
- PhD or Masters (with at least 1 year experience) in Computer Science, Computer Engineering or related field. 
- Technical depth in the areas of crypto algorithms, access control models and security/privacy protocols.
- Proficiency developing System & Application SW.
- Good communication and interpersonal skills.

Preferred Qualifications:
- Familiarity with relevant security and cryptographic standards.
 
Job Category: Engineering
 
Primary Location: USA-Oregon, Hillsboro
 
Full/Part Time: Full Time
 
Job Type: College Graduate
 
Regular/Temporary: Regular
 
Posting Date: Feb 26, 2015
 
Apply Before: May 28, 2015
 
Business Group
 
Intel Labs is the company's world-class, industry leading research organization, responsible for driving Intel's technology pipeline and creating new opportunities. The mission of Intel Labs is to deliver breakthrough technologies to fuel Intel's growth. This includes identifying and exploring compelling new technologies and high risk opportunities ahead of business unit investment and demonstrating first-to-market technologies and innovative new usages for computing technology. Intel Labs engages the leading thinkers in academia and industry in addition to partnering closely with Intel business units.
 
Posting Statement: Intel prohibits discrimination based on race, color, religion, gender, national origin, age, disability, veteran status, marital status, pregnancy, gender expression or identity, sexual orientation or any other legally protected status.

the next logical step is that big companies like AMD, Intel, Samsung etc are making chips and miners. alot people predicted that 1-2 years ago (like me).


http://en.wikipedia.org/wiki/Qualcomm

they are already on board.


 

While IBM may be looking into using the blockchain to create its own digital currency payment system, chipmaker Intel is reportedly looking to build a special team around the blockchain to see where it could harness the power behind bitcoin’s technology. Intel is advertising for a cryptographic researcher position to work on the ledger side of the tech.

The blockchain is the distribution ledger that records a bitcoin transaction over the exchange network, which runs the bitcoin software. The blockchain allows for money to be transferred using the blockchain technology, which cuts out the middle man (like a bank) when getting the funds transferred — cutting down on the time and money it costs to send that money from one network to another.

According to Intel’s job post, here is what Intel has to say about monetizing the bitcoin technology: “Digital currencies like Bitcoin have captured the imagination of the press. Related startups are generating a great deal of VC interest and investment because of the potential significance of any disruption of the financial payment industry.”

The job would be with Intel Labs’ Special Innovation Projects group and would involve investigating “hardware and software capabilities that advance the performance, robustness, and scalability of open, decentralized ledgers.” The post even goes on to explain how the blockchain tech works, including the benefits of using it on digital marketplaces.

“Its fundamental technical innovation is the decentralized transaction ledger called the ‘block-chain.’ It allows bitcoin to prevent double-spending of currency by recording all transactions in an open ledger without the need for a central authority. Such a distributed, public, secure, peer-to-peer transaction record enables not just the exchange of bitcoins but many secondary uses that the research and startup community are exploring such as digital marketplaces.”