Blockchain utilization is continuously rising in various countries across the world, a recent report revealed. It outlined that US-based companies have been awarded the most substantial number of patents for blockchain endeavors, but the Chinese multinational giant Alibaba is the single entity to receive the most. Blockchain Patents Across The Map The report from the...Read More
More companies are utilizing blockchain, reveals a recent study compiled by the multinational professional service network Deloitte. Interestingly, the Asia-Pacific region appears to be leading on the matter with the most use cases employing the distributed ledger technology (DLT). Blockchain Matures Deloitte surveyed nearly 1,500 senior executives and practitioners from large companies from 14 countries,...Read More
The research and development team of the American newspaper The New York Times has tested a blockchain-based project to address the growing issue of misleading information in the online space. NYT Turns To Blockchain For Validating Info In its recent report, the NYT outlined the problem of misinformation, primarily when it comes down to pictures...Read More
The American multinational technology company Microsoft Corp. has launched a beta version of its open-source, decentralized identifiers (DIDs) network on Bitcoin’s mainnet. Called ION, it’s designed to bring back the control of personal information from centralized entities to individuals. Microsoft’s DID Employs Bitcoin’s Network The tech giant explained its decentralized identifiers as a technical component...Read More
Jerome Powell, the current Chair of the US Federal Reserve, recently stated that an Ethereum-backed blockchain project operating as a reference rate – called AMERIBOR – could serve as a potential replacement to LIBOR. Blockchain Project To Replace LIBOR? The London Interbank Offered Rate (LIBOR) has a significant role in global finance. It’s utilized to...Read More
The partnership between TRON and the technology giant Samsung continues to reap benefits. As of today, the popular blockchain company with have a dedicated section in the Samsung Galaxy Store, featuring applications built on top of the TRON network. TRON Apps On Samsung Galaxy Store Back in 2019, both firms announced the initial partnership agreement...Read More
The large American communications technology company, Zoom Video Communications, has integrated a blockchain-based app for the first time. Developed by 2key.Network, SmartSessions is built on top of the Ethereum network and will allow business owners to monetize video calls with cryptocurrencies. Blockchain Enters Zoom The popular communications company announced the integration of SmartSessions earlier today....Read More
An alliance consisting of Chinese government groups, banks, and technology companies will launch the Blockchain-based Service Network (BSN) in April. The innovative platform will be among the first maintained by a central government. It will allow participants to operate on top of it, without having to design a new network from scratch. Blockchain-Based Service Network...Read More
Blockchain and cryptocurrencies expanded their presence and usage in 2019, says JP Morgan. The giant American multinational investment bank filed a comprehensive report regarding the performance of the technology and digital assets in 2019. Bitcoin Adoption Two years after the bank’s CEO, Jamie Dimon regretted calling Bitcoin a “fraud,” JPM issued a 74-page document that...Read More
One of the most popular and currently dominant football clubs – FC Barcelona, has joined forces with a cryptocurrency project. The partnership seeks to create a specific token which aims to increase the engagement of Barcelona’s fanbase. Barcelona To Launch Own Cryptocurrency According to an official press release, FC Barcelona, the captain of which is...Read More
In today’s headlines, the London Football Exchange (LFE) has recently announced its participation in a deal to acquire the Perth Glory Football Club (PGFC), 2019/2020 participants in the Australian Hyundai A-League Premiers, as well as the Asian Champions League. According to the recently announced Asset Sale and Purchase Agreement, the LFE has acquired the majority...Read More
The Australian government is taking significant steps in adopting blockchain in its daily operations. Earlier today, the country released its “National Blockchain Roadmap” to improve the nation’s productivity in different sectors. Australia Published Blockchain Roadmap Less than a year ago, the federal executive Government of Australia (the Morrison Government), announced that it will develop a...Read More
Two of the largest multinational investment banks in the world, Goldman Sachs and Citigroup, recently conducted a successful transaction utilizing the blockchain technology. Both giants made the first of its kind equity swap, but 13 more are waiting to be fulfilled, as well. Equity Swap On Blockchain As reported by Forbes, Citigroup and Goldman Sachs...Read More
Singapore-based blockchain startup Clear just raised $13 million in a Series A round of venture funding. Multinational financial services giant Fidelity facilitated the fundraise. Specifically, its investment arm, Eight Roads (formerly Fidelity Ventures), led the round. It makes sense that Clear went with Fidelity to help it raise venture capital. “Eight Roads is the investment...Read More
The U.S. Federal Reserve is experimenting with blockchain technology to establish potential use cases for a central bank digital currency (CBDC). Fed’s Governor Lael Brainard said this in a recent speech, but she also noted that risks still exist, and they have to be addressed before launching a digital currency. The U.S. Contemplating A CBDC...Read More
For more than a decade, there has been one major issue thwarting the adoption of cryptocurrency: transactions simply take too long. Fortunately, researchers at MIT have now announced that they have developed a more efficient system for routing cryptocurrency transactions, which they have dubbed “Spider.” According to ComputerWorld, MIT researchers are able to use this “Spider”...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
Bitcoin and the alternative coins receive different acceptance from people: from a speculative tool for trading to an investment option, digital gold, etc. Yet, most of them have another, more meaningful purpose that is somehow neglected by the masses when they see only their coins’ prices. While most people are aware of the top digital...Read More
It’s the start of a new decade, and industry famous twin Tyler Winklevoss, the co-founder, and CEO of cryptocurrency exchange and custodian company Gemini Trust, has shared his views on what the next ten years hold for crypto. According to Winklevoss, crypto is already becoming more than a niche technology and a form of money,...Read More
