Blockchains and Altcoins: Intro to Digital Currency

In between building websites, Yes Exactly has been quietly creating a new platform for streaming music bundled with cryptocurrency. We will be presenting a session on the basics of this technology, entitled “Blockchains and Altcoins: Intro to Digital Currency“, at the NERD Summit in Amherst, MA from 3PM – 3:45 PM on Saturday, September 12.

The rise of Bitcoin and cryptocurrency have moved out off the tech underground with the potential to transform the way we handle online commerce and information through transparent, decentralized systems. But how does it really work and what are its real-world applications? This session will present the fundamentals of cryptocurrency, smart contracts and the blockchain by looking at our own Attention Based Currency (ABC), an open source altcoin points system developed by Yes Exactly’s Tess Gadwa and Erik Amlee, that rewards users and pays royalties directly to creators for listening to streaming music.