Blockchain Could Solve a Massive Equity Problem – YMB Podcast E163 - a podcast by The YMB Network

from 2017-02-24T03:49:24

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MP3, Links, and More: http://ymb.tc/e163

This is episode 163 of You, Me, and BTC – your liberty and Bitcoin podcast!

First up this week, we’ll investigate a convoluted story about phantom stock.

A few years back, Dole Food’s CEO decided to go private by buying up all of his company’s publicly owned shares. Then months later, a court ruled that he didn’t pay a fair price for each share. This meant that he owed a few extra bucks per share to everyone who owned stock during the buyout. But as people started to submit claims for that extra cash, it turned out that they thought they owned more Dole shares than had ever existed.

Similar equity ownership problems have plagued Wall Street for decades. So today, we’ll cover this story in detail and explain how blockchain assets can (and should) significantly improve the way we track who owns how much of what.

Then later in the show, we’ll cover a fascinating security exploit that could affect even the most secure computers. People generally think that air-gapped machines can’t be compromised because they never connect to the internet. But researchers in Israel recently found that malware could cause systems to transmit sensitive information via the LEDs on their hard drives.

This attack vector may not be the most efficient and can probably be avoided, but the idea is still enough to make us rethink traditional security measures. So we’ll dive into the details on the air.

Check the list below for some of the specific stories we’ll cover!

- Dole Food Had Too Many Shares
- Malware Lets a Drone Steal Data by Watching a Computer’s Blinking LED

Your hosts are Daniel Brown, Tim Baker, and John Stuart. Don’t forget to visit http://ymb.tc/e163 so you can keep up with our open tweet lines, vote in this week’s Bitcoin poll, and share your thoughts in the comments!

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