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EOS (EOS) Powered Decentralized Social Media Platform Voice Now Live

August 17, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Voice is now ready to achieve its mission of bringing alignment and transparency to social media, after more than one year under development. The decentralized social media platform went live over the weekend, according to a report by Decrypt on August 17, 2020. Block.One’s Voice Launched Voice, the distributed ledger...

Four of the Top Five South Korean Banks to Offer Crypto Services

South Korea: Major Banks to Start Offering Crypto Custodial Services

August 14, 2020 by Ogwu Osaemezu Emmanuel at Regulation

Leading South Korean lenders are now putting preparation in top gear to roll out custodial services for bitcoin and other digital assets. The move follows the government’s recently amended Special Financial Transactions Information Act, according to a report by local news platform, MTN on August 13, 2020. Korea’s Big Four Banks...

Japan’s Kaga City uses blockchain app for government admin services

Japanese City Now Using LoGo Blockchain App for Government Administration Purposes

August 13, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Authorities in Kaga City, which is located in the Ishikawa Prefecture of Japan, are now using a blockchain-powered application called Local Government Form Electronic Application (LoGo) to run the city’s key administrative procedures, according to a press release on August 13, 2020. City Operations on the Blockchain In a bid...

Nigerians Using Bitcoin for International Trade Despite Regulatory Uncertainties

August 13, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Bitcoin (BTC), the world’s flagship cryptocurrency is rapidly gaining traction around the world as a tool for international trade and commerce. Several forward-thinking businessmen in Nigeria are now using the blockchain-based digital currency to scale the hurdles of foreign exchange in the region, according to a report on August 13,...

India Looking to Tap Blockchain Technology for Remote Voting

August 12, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

India’s Election Commission (EC) is currently weighing the possibility of integrating distributed ledger technology (DLT) into the nation's electioneering process to make it possible for residents to vote remotely in a secure manner, reports TheIndianExpress on August 10, 2020. India May Adopt Blockchain for Voting In a bid to eliminate...

VeChain (VET), University of Oxford Introduce Blockchain Evaluation Framework

August 12, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

VeChain (VET), a distributed ledger technology (DLT) project that claims to be dedicated to helping users enhance supply chain management and business processes, has joined forces with the University of Oxford to propose an evaluation framework for blockchain consensus algorithms, according to a blog post on August 11, 2020. Making...

Riot Bitcoin Blockchain Sunset Sunrise Orange Blue Shop

Stocks of Riot Blockchain and Marathon Patent Surge Amidst Bitcoin’s Bullish Movement

August 11, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Riot Blockchain (NASDAQ: RIOT) and Marathon Patent Group (NASDAQ: MARA), two of the very few crypto mining firms listed on the Nasdaq stock exchange are experiencing a significant surge in their share prices as the price of bitcoin (BTC) continues to rally, according to reports on August 10, 2020. Nasdaq-Listed...

NEAR Protocol Adopts Ontology’s (ONT) Decentralized Identity Solution

August 10, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

NEAR, a decentralized application (dApp) development platform that claims to be focused on putting the power of the Open Web in the hands of everyday people, has adopted Ontology’s Decentralized Identifier (DID) solution. The new alliance will bring about smart contracts implementation and facilitate a seamless registration of NEAR on...

Another Wall Street Giant Prepares to Join the Crypto Bandwagon

August 10, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Goldman Sachs (NYSE: GS), a Wall Street investment banking heavyweight has revealed plans to launch its own distributed ledger technology (DLT) based cryptocurrency just like Jamie Dimon’s JPMorgan, reports Forbes on August 9, 2020. Institutional Investors Betting Big on Cryptos and DLT As bitcoin (BTC) keeps gaining popularity around the...

IOTA (MIOTA) Launches Experimental Crypto Wallet Dubbed 'Spark'

IOTA (MIOTA) Continues to Inch Closer to IOTA 2.0 Launch

August 7, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

The IOTA (MIOTA) team has released key updates concerning the progress made so far in their journey towards the much-anticipated IOTA 2.0 launch. The team says it has been working round the clock to smoothen the possible rough edges of the Pollen testnet to make it more frictionless. Further, the...

Honeywell Aerospace Upgrades Blockchain Solution for Easier Information Access

August 6, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Honeywell Aerospace, a leading manufacturer of aircraft engines and parts, has upgraded its existing distributed ledger technology (DLT) solution to enable faster and more seamless data retrieval from its database, according to reports on August 6, 2020. Making Aircraft Data Storage Easier with DLT In a bid to promote superfast,...

IOTA (MIOTA) Playing an Active Role in EU’s CityxChange Project

August 6, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

IOTA (MIOTA) a distributed ledger technology (DLT) and internet of things project (IoT) dedicated to bridging the gap between machines and the real world, is part of the innovative projects participating in the EUR 80 billion European Union research program dubbed the CityxChange project. The CityxChange project is part of...

Cambodian Rice Exporter Taps Blockchain for Better Supply Chain Management

August 5, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Schuttelaar & Partners (SP), a Brussels-based firm that claims to be focused on creating a fair, healthy, and sustainable food ecosystem, has joined forces with Amru Rice, a major exporter of rice in Cambodia. The alliance is aimed at using distributed ledger technology (DLT) to track the entire rice supply...

Over 50 Percent of Square Merchants Ready to Accept Bitcoin, Survey Shows

Square’s Cash App Reports $17 Million Bitcoin Gross Profit in Q2 2020

August 5, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Jack Dorsey’s Square has announced on August 4, 2020, that it generated a massive $875 million in bitcoin (BTC) revenue via its Cash App platform in the second quarter of 2020. The firm’s report shows that over 30 million people used Cash App in June, with more than seven million...

American Investor Tim Draper Predicts Bitcoin to Hit $250,000 by 2022

U.S. Congressman Emmer Says Bitcoin Better than Centralized Fiat Monies

August 4, 2020 by Ogwu Osaemezu Emmanuel at Regulation

Tom Emmer, a U.S. Representative for Minnesota's sixth congressional district, has said during the August 3, 2020 episode of Anthony Pompliano’s “Pomp Podcast”, that Bitcoin has come to stay, as its decentralized nature gives it a significant edge over fiat currencies including the USD. Emmer says the ravaging coronavirus pandemic,...