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Search Results for: Internet of things

Can Blockchain Technology Propel the Internet of Things?

Category: News

Can Blockchain Technology Propel the Internet of Things?

Blockchain has the potential to propel the Internet of Things and allow for greater efficiency in the use of resources, as recently highlighted by Ernst & Young,   “Blockchain-powered industrial IoT networks will allow us to connect industrial assets — everything from shipping containers to MRI machines to construction equipment — into real-time digital marketplaces where we can make better…

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Web3 Summit Pt.1: Metaphorical Mental Models and The New Internet

Category: Blockchain, Ethereum, News, Platform, Tech

Web3 Summit Pt.1: Metaphorical Mental Models and The New Internet

Navigating the emerging Web3 ecosystem can seem like translating a massive marketing plan. Small startups will decentralize this, others will offer micropayments for that, and they’re all going to “right” the wrongs of the Internet. While some of this is true, the term doesn’t seem to capture the actual stack of technologies that will make up this next step. A…

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The Cryptocurrency Industry is the Internet Industry of the late 90s

Category: Altcoins, Bitcoin, Blockchain, Business, Commentary, Finance, News

The Cryptocurrency Industry is the Internet Industry of the late 90s

Many parallels are drawn between the current scenario of the cryptocurrency industry with that of the internet companies in the late 90s and early 2000s. Companies have raised more than $10 billion since 2015 through Initial Coin Offerings (ICOs). Notable personalities, including Warren Buffett, Jamie Dimon, Bill Gates and Ray Dalio, have labeled the rise of cryptocurrencies as a bubble. The…

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Twitter CEO Hopes Bitcoin to be the Internet’s Native Currency

Category: Bitcoin, Commentary, Finance, News

Twitter CEO Hopes Bitcoin to be the Internet’s Native Currency

Jack Dorsey is pushing bitcoin as the best possible internet “native currency.” The Twitter co-founder and current Square CEO is emerging as an outspoken proponent at the forefront of mainstreaming bitcoin and other cryptocurrencies as payment methodologies. Instead, Dorsey sees a single dominant online currency, an all-encapsulating digital coin. “The internet is going to have a native currency so let’s…

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How the Blockchain is Capturing the Interests of Today’s Internet-fueled Youth

Category: Blockchain, Commentary, News

How the Blockchain is Capturing the Interests of Today’s Internet-fueled Youth

Talk of blockchain technology is seemingly everywhere these days. While the underlying concept is not new by any means, its worldwide usage didn’t begin until a few years ago. In 2008, the world was introduced to Bitcoin, the first cryptocurrency on the market. It was also the first large-scale application of the blockchain. This technology underpins Bitcoin since it allows…

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Decentralized Internet Startup Blockstack Announces Developer Edition of Browser

Category: Blockchain, News, Tech

Decentralized Internet Startup Blockstack Announces Developer Edition of Browser

Giving the morning keynote speech on May 23 at the Consensus 2017 Conference in New York, Muneeb Ali and Ryan Shea, co-founders of the blockchain startup Blockstack, announced the readiness of the developer edition of their Blockstack browser. New York-headquartered Blockstack is a bitcoin blockchain-based browser that seeks to create a new decentralized Internet. As things stand, information and data…

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ConsenSys on the Rise: Collaborations and “The Internet of People”

Category: Business, News, Tech

ConsenSys on the Rise: Collaborations and “The Internet of People”

Shortly after announcing a partnership with Digix, ConsenSys is now partnering with Blockapps and Canonical to deliver the next generation of digital identity security and verification by integrating the Ethereum-based Nimbus uPort Biometric Digital Identity  tools on Ubuntu phones. The “Internet of People” The companies are working to bring a whole new level of privacy and security to the mobile…

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CoinText Enables SMS-Based Cryptocurrency Transactions Expands to the Philippines

Category: Adoption, Altcoins, Bitcoin, Business, Development, News, Platform

CoinText Enables SMS-Based Cryptocurrency Transactions Expands to the Philippines

On January 3, 2018, CoinText.io, a service that provides a service enabling users to send and receive cryptocurrency using text messages, announced it was enabling its Bitcoin Cash (BCH) wallet in the Philippines reported Yahoo Finance. Simplifying the Use of Cryptocurrency CoinText is an innovative service that allows users to send cryptocurrency to mobile phone numbers or any BCH address. Users…

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Hyperledger Project Grows as Alibaba Cloud, Citi, Deutsche Telekom, and New Members Join the Global Forum  

Category: Adoption, Blockchain, Business, Development, News

Hyperledger Project Grows as Alibaba Cloud, Citi, Deutsche Telekom, and New Members Join the Global Forum  

Hyperledger, the leading open source blockchain project recently announced that Alibaba Cloud, Citi, Deutsche Telekom, we.trade, and 12 other organizations have joined the Hyperledger Global Forum. According to the press release published on December 12, 2018, the growing Hyperledger Community highlights the importance of open source technology and increasing interest in enterprise distributed ledger technologies. New Members Keen to Join…

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Seven E.U. Nations Sign Declaration to Explore Use Cases for Distributed Ledgers

Category: Altcoins, Blockchain, Business, News, Platform, Tech

Seven E.U. Nations Sign Declaration to Explore Use Cases for Distributed Ledgers

As many as seven countries in the European Union are banding together to help promote blockchain technology throughout the continent, Financial Times reported December 4, 2018. The list of countries mostly comprises of southern members, including France, Italy, and Spain. The governments of these nations will reportedly explore applications for distributed ledger technology (DLT) outside of digital currencies. The group…

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