Research firm Gartner recently released a report that predicted that blockchain smart contracts would increase a company’s overall data quality by about 50% by 2023. Smart contracts simply put, are pieces of programming code that are invariably used on a blockchain. The Gartner report also predicted that the overall data asset availability would decrease by...Read More
Sumitomo Mitsui Banking Corporation (SMBC), Japan‘s second-largest financial institution, has recently partnered with SBI Holdings to build a Blockchain-based financial service platform, according to a report. SMBC entered the partnership under the SBI umbrella intending to expand the distributed ledger services into corporate trade finance and individual bank remittances. Additionally, as a part of the...Read More
Blockchain technology continues to make waves around the world. And today, the world has witnessed what many believe to be the first major step towards a new way for startups to access capital. According to a press release by Andriotto Financial Services, dated January 29th, 2020, the country of Switzerland has recently approved OverFuture SA’s...Read More
French football club Paris Saint-Germain (PSG) launched its new crypto-token today. Back in 2018, PSG had agreed to partner with Socios.com in a bid to leverage blockchain technology to enhance fan engagement. The fan tokens are available on Socios.com as part of an initial token offering and will provide fans with the opportunity to participate...Read More
The Supreme Court resumed hearing in the ‘Crypto V. RBI’ case on 28 January and is yet to pronounce a judgment. With IAMAI’s counsel, Ashim Sood and cryptocurrencies exchange counsel Nakul Dewan, the judges’ bench was presented with various arguments against RBI’s “decision to control consumer behavior”. Sood argued that the central body failed to...Read More
Latin America is reportedly seeing increasing adoption of blockchain technology and cryptocurrencies, with Statistica reporting the region holds the largest number of cryptocurrency users in the world. Through this adoption, Latin America is creating innovative methods to shape public policy, fight fraud, reduce theft, and squash corruption. Since most of Latin America has been through...Read More
Leading cryptocurrency exchange, Binance’s estimated trading fee revenue in December 2019 was $18.7 million. The estimated trading fee revenue was calculated using CryptoRank.io reported volumes for December multiplied by average trading fees listed on the websites of the exchanges. The study which was conducted by CryptoDiffer revealed that the CZ-led platform was trailing behind the...Read More
An interesting graphic compiled by Deutsche Bank compares the early-stage evolution of the Internet and blockchain technology. It shows that the two have relatively similar difficult beginnings, but ultimately the former receives more mass adoption than the latter. Internet Vs. Blockchain Adoption Rates Nowadays, it’s hard to imagine living a normal life without constant access...Read More
Ethereum stands with the second highest market cap in the cryptocurrency space. So it’s obvious to attract the attention from the investors. With this growing attention that need to find a secure place to store Ether. So, today we’ll talk about Ethereum wallets. The official Ethereum Wallet is usually known as the “Ethereum Mist Wallet”....Read More
England’s Lancashire Cricket club recently announced that it has teamed up with TIXnGO, a blockchain mobile ticketing platform, to enable mobile ticketing via blockchain for all domestic and international fixtures at Emirates Old Trafford. With this, the club thus became the first-ever cricket club to use blockchain technology to sell tickets. The main advantage of...Read More
There are exclusive crypto wallets in the market today. From hardware; to desktop, mobile, and paper, all have their unique positives and negatives. Some provide the latest in cutting-age security, while the other is prone to cyber threats. Well, there are some hardware wallets like TREZOR and KeepKey that comes under good counts. However, when...Read More
According to CBInsights’ latest report on blockchain startup investments in 2019, despite a drop in total funding dollars, investment activity in the fourth quarter of 2019 points toward pockets of opportunities for blockchain technology adoption in enterprise applications. The report also stated that total equity funding to the space, a measure of investor enthusiasm, fell...Read More
As of yesterday, January 20th, 2020, the Blockchain Economic Forum kicked off in Davos, Switzerland, with a keynote speech delivered by J. Christopher Giancarlo. Giancarlo spoke about the past, present, and future evolution of the blockchain, and made one particularly exciting remark about virtual currencies. The ex-chairman of the United States’ Commodity Futures Trading Commission...Read More
This week the major event in the blockchain industry CHAIN2020 brought together more than 15 000 guests and world-renowned speakers in Hong Kong with a shared mission to accelerate blockchain adoption in the world and, particularly, in the Asian region. These are record figures for an event of this level, as usually, the audience of...Read More
UK’s Revenue and Customs agency is ready to invest up to $130,000 towards the development and implementation of a new “cryptoanalysis” tool. According to a recent report, the United Kingdom’s tax authority, HM Revenue and Customs (HMRC) is looking for, “vendors to showcase their capabilities by demonstrating their expertise in the field of crypto-asset tracing.”...Read More
It doesn’t come as a surprise that “don’t spend like a baller” is associated with lavish spending and basketball. With so much money coming in so quickly at such a young age, athletes are overwhelmed and end up spending it on cars, shoes, parties, and even a shark tank. But, it looks like one man...Read More
The tokenization of assets gained a lot of momentum in 2019. By converting a real-world asset into its digital equivalent, tokenization provides higher liquidity, flexibility, and transparency, making it an emerging trend for investments in 2020. Just a couple of months ago, Jason Kelley, IBM’s General Manager of Blockchain Services, had mentioned during a talk...Read More
Blockchain in the gaming industry is an experiment that’s been ongoing for some time now. It started with the introduction of ‘Huntercoin’, the first real blockchain and decentralized strategy MMO game, introduced way back in 2014, which was basically an experiment to gauge the decentralized ledger technology’s ability to support the gaming industry. With Huntercoin’s...Read More
If we look at the blockchain infographic today, we see overall positive figures for the tech that has been the foundation of the world’s most popular and oldest cryptocurrency. What was fascinating at the beginning was how it branched out from being just the underlying tech of cryptocurrencies to developing numerous use-cases. Be it bringing...Read More
The introduction of the blockchain network in the healthcare industry is something that’s been talked about a lot. Though there isn’t a proper model in place to this day. Discussing the topic, Samson Williams, Principal Consultant for Axes and Eggs, in a recent podcast talked about the difficulties faced while making the hospital staff understand...Read More
Cryptocurrency analyst, Christian Ott, recently published an article on his blog regarding statistics of transactions and assets on Binance Chain, the blockchain developed by cryptocurrency exchange giant, Binance. In his analysis, Ott found that the number of transactions on the chain grew from 3.2 million in Q2 of 2019 to 20.7 million in the following...Read More
One of China‘s biggest tech giants, Baidu, made headlines a few years ago after it launched the supposedly energy-efficient Baidu Superchain blockchain protocol. It is in the news again after Super Chain officially launched an open network on 6 January 2020. The network has been launched with the intention to empower SMEs and developers. A...Read More
Ousted Bitmain co-founder, Micree Zhan, has come out to oppose Bitmain’s plan to layoff about 50% of its workforce. According to Zhan, the Bitcoin (BTC) mining giant’s plan to sack employees was a mistake, given that the company was in a healthy financial situation. Earlier in January 2020, reports emerged that the Bitmain was planning...Read More
Coinbase CEO Brian Armstrong spilled out his thoughts about the Blockchain and Crypto industry in a blog post. As per his estimation, 1 billion users will join blockchain by the end of decade as more and more use cases are being invented. As we write, blockchain is already implemented in Financial sector with many firms...Read More
In an effort to shape blockchain-focused policies, Binance.US, the United States-centric arm of the Malta-based Binance, has announced that it has joined the Chamber of Digital Commerce as part of its Executive Committee to bring in education, advocacy, and industry-wide regulatory development. According to Binance.US’s official blog post on the same, the crypto-exchange and the...Read More
The Internet bubble prompted the establishment of new innovations that the masses did not realize they needed at that point. Some survived while others shut down for being too innovative and radical for that time. 11 years since the inception of Bitcoin, the industry has seen the space evolve, with newer cryptos coming into existence...Read More
Cryptocurrency miner Argo Blockchain has announced that it is installing new 3,616 Bitmain machines to increase its mining capacity by 75%. The team took to Twitter to announce that the company has already taken delivery of 3616 Bitmain Antminer T17s machines. However, more 6384 T17s machines are on its way till January end. The new...Read More
Instantly verifiable, unhackable and forever retrievable are some of the key features of information stored on a blockchain. These are also the characteristics that traders of various assets, commodities and currencies would appreciate when it comes to the price data they are using. The team behind the Blitz Ticker project have decided that’s exactly what...Read More
Since the platform’s launch, the Bitcoin Cash-centric blogging site read.cash has gathered a lot of traction. The website’s user base publishes interesting content and new material on a daily basis with the most popular authors gathering tips in bitcoin cash for their work. Also Read: These Are the Bitcoin Stories You Loved in 2019 Read.cash...Read More
Not your keys, not your coins Let the meaning sink in… It’s the most popular adage in the crypto-community. This mantra is echoed time and again or each time an exchange gets compromised! Just like Satoshi Nakamoto, Trace Mayer ignited the Proof-of-Keys [PoK] revolution on January 03, 2018. To the people outside looking in, the...Read More
