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Next-Gen Blockchain Red Belly Blockchain Breaks new Ground for Speed

September 25, 2018 by Priyeshu Garg at Blockchain, Business, Finance, Investment, News

The University of Sydney and CSIRO's Data61 have successfully created a blockchain that can process a mass amount of transactions significantly faster than public blockchains, such as the one behind bitcoin, The Financial Review reported on September 25, 2018. Red Belly Blockchain Validated in a Global Test The Commonwealth Scientific...

Introducing BlockMagic: First RPG on the Ethereum Blockchain

September 25, 2018 by Alex Lielacher at Adoption, Blockchain, Business, Finance, News, Platform, Tech

Created on the Ethereum network, BlockMagic is a new role-playing game (RPG) that enables gamers to explore a magical universe as wizards. BlockMagic Releases Alpha Version The Alpha version of BlockMagic was released on September 12, 2018, and is the first public iteration of the game. The Alpha version allows...

Iceland’s Bitcoin Mining Industry Losing Allure, Interest Now Shifting to Core Blockchain Technology

September 25, 2018 by Ogwu Osaemezu Emmanuel at Blockchain, Investment, Mining, News, Tech

Iceland has been a hotbed for bitcoin and other cryptocurrency miners due to its very cold climate and the availability of cheap power supply. However, 2018 has seen a shift of interest from bitcoin mining to core blockchain ventures in the country, partly due to the slump in the price of...

Cutting through the Hype: Is Facebook really at Risk of Being Toppled by Blockchain Technology?

September 25, 2018 by Rahul Nambiampurath at Blockchain, Business, Commentary, Cryptocyclopedia, Ethereum, Platform

In the past ten years, Facebook has grown from a mere social media platform to one of the biggest internet companies the world has ever seen. With its recent acquisitions of Instagram and WhatsApp, it has comfortably positioned itself in the minds of over two billion people. The company is...

Fake Honey Scandal Shows Blockchain’s Value in Food Tracking

September 25, 2018 by Alex Lielacher at Adoption, Blockchain, Business, Crime, Regulation

Australia is grappling with a fake honey scandal. A number of companies claiming to be selling pure honey have allegedly been mixing in other types of sweeteners such as corn syrup. In a report released by Australian media houses Fairfax and ABC media, 28 honey brands were tested by a...

Brave Browser to Verify Publishers Using Civic’s Blockchain-Powered Platform

September 24, 2018 by Aisshwarya Tiwari at Altcoins, Blockchain, Business, Ethereum, News, Platform

Crytpo-fueled web browser Brave and the DLT-powered digital identity platform, Civic, have decided to work in unison to bring the latter’s KYC services to publishers on the BAT-funded web browser. Per a September 21, 2018, dated announcement during the Consumer Identity World in Seattle, verified publishers on the Brave platform...

Dubai skyscraper kicking back in the sunset around blockchains

Crypto-friendly Dubai Launch Blockchain-Powered Payments Processing and Settlement System

September 24, 2018 by Ogwu Osaemezu Emmanuel at Adoption, Blockchain, Business, Finance, News, Regulation

Smart Dubai Office in collaboration with the Dubai Department of Finance have created a distributed ledger technology (DLT) based payments processing, settlements, and reconciliation platform aimed at upgrading the financial system to enable real-time, cost-efficient, and frictionless payments processing, reported Thomson Reuters Zawya on September 23, 2018. Dubai Adopts Blockchain...

How Cryptocurrency Mining Could Help to Minimize Energy Wastage

September 24, 2018 by Alex Lielacher at Bitcoin, Blockchain, Mining, News, Tech

Concerns regarding the carbon footprint of the cryptocurrency mining industry continue to grow after it came to light that the power required to run the Bitcoin network exceeded that power consumption of entire countries. However, in an exciting turn of events, the World Economic Forum is now postulating that cryptocurrency...

New York’s Report on Cryptocurrency Exchanges Can Help the Industry Mature

September 24, 2018 by Cindy Huynh at Altcoins, Blockchain, Exchange, Finance, News, Platform, Tech

The New York State Office of the Attorney General (OAG) launched a virtual markets integrity initiative to educate New York cryptocurrency investors on cryptocurrency exchanges and how they operate, protect investor funds, and ensure transactions comes from legitimate sources, reported MIT Technology Review on September 18, 2018. While many appear...

U.S. Congressman to Lead Pro-Blockchain and Crypto Legislation

September 23, 2018 by Aisshwarya Tiwari at Altcoins, Bitcoin, Blockchain, Finance, News, Regulation

Developments concerning blockchain technology and cryptocurrencies are gaining serious momentum in the United States, as Congressman Tom Emmer, announced on September 21, 2018, that he will be introducing three “groundbreaking bills” to pave a clear way for the emerging and disruptive technologies. Closer Look at the Bills Emmer, who was...

Blockchain: Transforming Your Business and our World, a Conversation with Mark Van Rijeman

Blockchain: Transforming Your Business and our World, a Conversation with Mark Van Rijmenam

September 23, 2018 by Nuno Menezes at Altcoins, Bitcoin, Blockchain, Business, Commentary, Development, Finance, Interviews

Mark Van Rijmenam is the founder and CEO of Datafloq, an author, and Keynote speaker in artificial intelligence (AI), blockchain, and big data from the Netherlands. Named one of the global top 10 Big Data influencer and one of the most influential blockchain speakers, his latest book presents a comprehensive...

Swiss Cryptocurrency Firm bags License to Offer E.U. Residents Bitcoin ETPs

Swiss Investor Consortium Launches Blockchain Incubator with $100 Million Goal

September 23, 2018 by Priyeshu Garg at Bitcoin, Blockchain, Finance, Investment, News

Crypto Valley Venture Capital, a consortium of Swiss investors launched by founders of Lakeside Partners, has launched its initial “Genesis Hub” incubator in Zug to collect up to $100 million, Swiss Info reported on September 20, 2018. A Swiss Consortium For The Blockchain Crypto Valley Venture Capital, a consortium of...

A South Korean Templar summoning Blockchains lightning

South Korean Government Pledges to Support Domestic Blockchain Projects

September 22, 2018 by Eric Czuleger at Blockchain, Exchange, Investment, News, Regulation

South Korea’s Ministry of Science and Information Communications Technology (ICT) has vowed to increase Government funding and support for the nation’s blockchain companies. According to Business Korea’s article published on September 21, 2018, the Government’s decision to boost support was to assist blockchain startups with current challenges and help drive...

Introducing Komgo: First Blockchain Platform For Commodity Trading

September 22, 2018 by Priyeshu Garg at Blockchain, Development, Ethereum, Exchange, Finance, Investment, News

Commodity traders, energy majors, and large banks have set up a new venture to digitize and facilitate commodity trade through a blockchain-based open platform, Societe Generale announced in a September 19 press release. Swiss Consortium Drives Blockchain Adoption Global banks and trading firms are launching the first blockchain-based platform for...

Demand For Blockchain Remains Strong Despite Bearish Cryptocurrency Market

September 22, 2018 by Cindy Huynh at Altcoins, Blockchain, News, Tech

In an interview with Bloomberg, Grainne McNamara, the blockchain lead at PricewaterhouseCoopers (PwC), mentioned on September 18, 2018, that there is a lot of demand for blockchain technology and interest in the token economy despite the bearish cryptocurrency market. While blockchain is prevalent emerging technology, regulatory uncertainty is a massive...

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