BLOCKCHAIN WATCH 4/24/17

Are we at the brink of an industrial revolution?

We’re not surrounded by the smoke-filled skies of the actual industrial revolution, but the internet and its impact on the way we work, research, and bank. The use of distributed ledgers for money management could ultimately help control the UK’s money supply for good.

Positive outlook from Japan and Russia drives bitcoin toward new highs

The price of bitcoin got a lift after Japan legalized the use of the cryptocurrency, while a Japanese city known for its cherry blossoms started collecting donations to maintain its parks in bitcoin. “Not only can bitcoin now be legally used in Japan to make purchases and send remittances, but the digital currency is also exempt from sales tax,” reports CoinTelegraph.