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South Korea Mobile Carrier KT Reveals Blockchain Commercial Network

July 26, 2018 by Nigel Dollentas at Adoption, Blockchain, Business, News

Korea Telecom (KT), South Korea’s second largest mobile carrier, announced on July 24, 2018, their new blockchain commercial network. Fast and Secure Blockchain Implementation The carrier has also allowed users to login via a blockchain ID instead of an IP address, to protect against hackers’ spoofing attempts. This allows for...

Singapore Airlines Set to Integrate Blockchain Technology and Digital Wallet

Singapore Airlines Frequent Flyer Program Launches Digital Wallet Linked to Air Miles

July 26, 2018 by Priyeshu Garg at Adoption, Blockchain, Business, News

KrisFlyer, the flyer program of Singapore Airlines, has launched the world’s first ever digital wallet to store air miles. A press release on the Singapore Air website on July 24, 2018, revealed that KrisPay would kick off with 18 merchants across different categories, with more to be added as time...

Blockchains Already on Their Way to a Greener Web 3.0

Blockchains Are Already on Their way to a Greener Web 3.0

July 26, 2018 by Pratik Makadiya at Adoption, Altcoins, Blockchain, Business, News

With changing times, the energy sector is no more at the mercy of mega-corporations whose main agenda is to maximize profits at any cost irrespective of what is foregone. As consumer behavior is changing and awareness about environmental issues is on the rise, the dynamics of the energy sector is...

Decentraland Is Joining South Korea’s Next Reality Partners Program

Decentraland and Next Reality Partners to Foster Blockchain Gaming in South Korea

July 26, 2018 by Aisshwarya Tiwari at Blockchain, Entertainment, News

Decentraland (MANA), the first ever virtual platform wholly owned by its users, announced on its official blog that it has joined forces with the South Korean government-sponsored Next Reality Partners Program. The aim is to develop blockchain gaming in South Korea through the launch of DCL.X, a new accelerator for...

Google Join Forces with Digital Asset to Offer Blockchain Solutions on its Cloud Platform

July 26, 2018 by Ogwu Osaemezu Emmanuel at Blockchain, Business, News

According to a jointly released statement on July 23, 2018, internet search engine giant, Google, is collaborating with Digital Asset, a highly reputed blockchain-based solutions creator, to make distributed ledger technology (DLT) development tools available on the Google Cloud Platform (GCP). This will enable coders to develop, test, and implement...

Non-Fungible Tokens: What Are They?

July 26, 2018 by Priyeshu Garg at Altcoins, Blockchain, Cryptocyclopedia, Ethereum

At a time when blockchain technology is getting an unprecedented amount of attention because of cryptocurrencies and their potential to disrupt the global financial system, a different kind of blockchain token is quietly gaining ground. Unlike their flashy exchange-traded cousins, Non-Fungible Tokens (NFTs) do not make headlines for creating and...

Singapore: MAS Partners JP Morgan to Develop Blockchain-Enabled Payments Network

Bank of England Endorses Blockchain Use with Revamped Payment System

July 26, 2018 by Priyeshu Garg at Bitcoin, Blockchain, Finance, News

The Bank of England has stated that a revamped payment system currently under development will offer integration and support for fintech firms using blockchain technology. The pronouncement, which the UK’s central bank made on July 23, 2018, will come as a welcome fillip to the British cryptosphere and encourage further...

New Zealand Start-up to use Blockchain to Track its Supply Chain, Raises $ 1.2 Million in Funding

New Zealand Start-up to Utilize Blockchain to Track its Supply Chain, Raises $ 1.2 Million in Funding

July 25, 2018 by Aisshwarya Tiwari at Adoption, Blockchain, Business, News

A garment startup from New Zealand has received a funding of $1.2 million with an aim to create a platform on blockchain technology, which will aim to improve the supply chain management and order to cash (O2C) tracking. The funding came from the NEM Community Fund on July 17, 2018, as...

As Bitcoin Rebounds, Crypto Stocks Emerge from Doldrums

July 25, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Investment, News

Since entering into a bear run in January 2018, crypto stocks have suffered, leading some investors to dump them, but bitcoin's unexpected recovery in July 2018 is giving the asset class a much-needed second wind. Even though crypto is nowhere near the celebrated highs of 2017 and early 2018, there...

Reforming the Financial System with Nuo Network

Defining Competition in the Upcoming Blockchain and Cryptocurrency Sector

July 25, 2018 by Liam J Kelly at Altcoins, Bitcoin, Blockchain, Commentary, News

In traditional markets, policymakers began aggressively ousting anticompetitive economic behavior following the rise of John D. Rockefeller and Standard Oil at the turn of the 20th century. Some of these displays have been made highly public, while others have slipped under the radar. Others, however, have toppled entire economies. Nonetheless,...

Inaugural Blockchain Visionnaire Summit Gives Voice to Berlin’s Crypto Scene

July 25, 2018 by Liam J Kelly at Blockchain, Ethereum, News

Germany has opened its doors to the wave of new technology startups in Europe, and Berlin is quietly becoming the crypto capital of the continent. While regulations have played a role in this level of adoption, the ethos of the city falls right in line with that of cryptocurrencies and...

What Is Ontology and Is it a Good Investment?

July 25, 2018 by Alex Lielacher at Adoption, Altcoins, Blockchain, Cryptocyclopedia, Finance, Investment, Platform

While blockchain technology continues to be lauded as one of the most revolutionary and disruptive inventions of the 21st century, a significant number of corporations are still hesitant to make a move towards systems based on this novel innovation. The Problem The lack of interoperability between legacy systems and the...

The Holy Grail of Blockchain: Interoperability

July 25, 2018 by Eric Czuleger at Bitcoin, Blockchain, Ethereum, News, Tech

After a decade of blockchain, the technology is beginning to show its revolutionary power. While the technology has shown incredible promise, multiple blockchains have developed, thus separating the most valuable assets, namely Bitcoin and Ethereum. Wanchain 2.0 has recently launched a platform that will bridge the great blockchain divide. The...

Blockchain Technology Flying around earth like superman

Blockchain Technology Could Save the World from Another Global Economic Crisis Says Former JPMorgan Big Shot

July 25, 2018 by Ogwu Osaemezu Emmanuel at Blockchain, Finance, News

While many see nothing good in bitcoin and other cryptocurrencies, many others believe distributed ledger technology (DLT) will revolutionize the world. Pang Huadong, the former vice president of the North American investment banking division at JPMorgan, is one of those people. Huadong, on July 22, 2018, said that blockchain technology...

Nanjing Announces $1.48 Billion Fund for Investment in Blockchain Technology

July 25, 2018 by Aisshwarya Tiwari at Adoption, Blockchain, Business, Finance, Investment, News

Nanjing, the capital city of China’s Jiangsu province, has launched a gargantuan $1.48 billion fund for investment in blockchain technology to propel the existing public blockchain projects in the country. The announcement was made on July 23, 2018, at the first ever Industrial Public Chain Summit (IPCS) and comes as...

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