About author: Kieran Smith

Nine months after inception, the Indian government is set to launch a blockchain project to be known as IndiaChain. India’s Blockchain Push This will operate as a platform primarily aimed at reducing fraud, speeding up the enforcement of contracts, increasing the transparency of transactions, and boosting the agricultural economy of the country. The blockchain network is the brainchild of NITI…

READ MORE

John McAfee, the man behind the infamous uninstallable anti-virus software, has formed a partnership with hardware wallet company Bitfi to launch what he calls the “First Truly Unhackable and Open Source Crypto Wallet.” McAfee Collaborates with Bitfi to Produce a 100 Percent Secure, User-friendly Wallet This is a bold claim in the tech industry, but as an expert on cyber…

READ MORE

Suggestions of a state-backed cryptocurrency from South Korean Banks have been dashed, despite recent reports that the country might be one of the first to push forward on this new frontier. Bank of Korea Squashes Rumors On June 18, 2018, a Korea Times report confirms the central bank’s stance on digital assets. Bank of Korea (BoK) stated it opposes the…

READ MORE

In a bid to help combat poverty, Bancor, the “decentralized liquidity network,” is launching a blockchain network to support community currencies in Kenya. Bancor’s Cryptocurrency Push This is to be achieved through a partnership with Grassroots Economics, a non-profit organization that develops community currency programs in Africa. Under the initiative, the currencies network will be piloted in two of the…

READ MORE

After his recent departure from QTUM, Stephen Xu shared his thoughts with BTCManager on the challenges facing the blockchain space, the China ban and the future of cryptocurrency. A graduate of the University of Chinese Academy of Sciences, Stephen Xu is a veteran in the blockchain space, and also worked for Tencent as a game developer specialising in “in-game currency…

READ MORE

On May 15, 2018, Seoul, South Korea, saw the official launch of Aurorachain. Hundreds of journalists from China, South Korea, and the West were at the conference, during which the founder Aqua Zhao announced that the Aurora mainnet was live. Global Vision for Public Chains Zhao further shared his vision for Aurora, a public chain that will lead the next-generation…

READ MORE

Blockchain is on a campaign to impact every facet of life, but there are certain domains ripe for disruption, and the automotive industry is one of them. Automotive Consortium Four of the world’s largest car makers — BMW, General Motors, Ford, and Renault—announced on May 2, 2018, they will form a group to explore the potential of blockchain in the…

READ MORE

That garlic vinegary sour smell… that’s kimchi! And its pungent aroma could make you rich! The term kimchi premium – named after a staple Korean preserved food dish – refers to the dominant trend of higher bitcoin prices observed on South Korea’s exchanges. While bitcoin‘s “kimchi premium” might have been gobbled up in February, the phenomena can still be observed…

READ MORE

Following the acquisition of Earn.com, Coinbase has valued itself at about $8 billion. How Much Is Coinbase Really Worth? Coinbase is reported to have acquired paid messaging service Earn for a figure of around $100 million earlier this month. Earn’s investors were said to have been paid in cash for the acquisition, with some managers taking payment in the form…

READ MORE

Binance has started its spring cleaning, releasing a new tool on April 23, 2018, allowing traders to exchange dust for Binance tokens (BNB). What is Dust? Dust is a colloquial term that refers to the dregs of a trade—the useless leftovers which are below the minimum amount needed to withdraw or swap. This slight caveat is a significant bugbear for…

READ MORE