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These Startups are Making Blockchain Technology and Cryptocurrencies More User-Friendly

January 21, 2018 by Ogwu Osaemezu Emmanuel at Blockchain, Business, Commentary, News, Tech

Blockchain distributed ledger technology had existed in theory long before Satoshi Nakamoto implemented the world's flagship cryptocurrency. In essence, we can rightly say that Bitcoin has made the Blockchain technology famous. As such, some intelligent startups have taken the challenge upon themselves to make cryptocurrencies more user-friendly. Divi Project The...

Skeptical Approach Being Taken By Veterans Affairs to Blockchain

January 20, 2018 by Andrew Weilbacher at Blockchain, Commentary, News, Tech

While there has been a lot of buzz surrounding blockchain technology in recent times when it comes to the mainstream media and the general public, it is something that has been around for some years. Strengthening Security Standards The government has already implemented different aspects of the technology in a...

Singapore Monetary Authority Places Premium on Blockchain Technology

January 20, 2018 by Priyeshu Garg at Bitcoin, Blockchain, Business, Commentary, News, Regulation

The head of the Monetary Authority of Singapore, Ravi Menon, recently expressed concern that general volatility and slumps in cryptocurrency values might potentially undermine the blockchain technology platforms that support them. Blockchain or Bitcoin In doing so, Menon’s comments also emerged as somewhat indicative of the majority of the world’s...

Enterprise Ethereum Alliance Hires New Executive Director

January 20, 2018 by Priyeshu Garg at Blockchain, Commentary, Ethereum, News

Ron Resnick has been appointed as the first executive director for the Enterprise Ethereum Alliance (EEA). His previous post was at the helm of AirFuel Alliance as chairman and president. Enterprise Ambitions One of the EEA’s goals is to develop Ethereum-based enterprise and technological solutions. Around 200 other companies will...

France to Take Steps Towards Regulating the Cryptocurrency Market

January 20, 2018 by Rahul Nambiampurath at Bitcoin, Blockchain, Commentary, News, Regulation

France is the latest country seeking to combat reports of money laundering and tax evasion in the cryptocurrency industry. The country’s finance minister Bruno Le Maire has expressed his desire for new guidelines and a regulatory framework surrounding the digital currency ecosystem. Cryptocurrency Gains Momentum According to Le Maire, bitcoin...

SWIFT Inks Agreement with CSD Consortium to Use Blockchain Technology for Post Trade

January 19, 2018 by Akshay Makadiya at Blockchain, Business, Finance, News

The global secure financial messaging service SWIFT recently inked a Memorandum of Understanding (MoU) with a consortium of central securities depositories (CSDs) to explore how the digital ledger technology can enhance the post-trade processes such as corporate actions processing, voting, proxy voting, and trade processing. DLT and Post Trade The...

Ethereum’s Blockchain Holds as Much USD Value as All Other Blockchains

January 19, 2018 by Gil Davis at Bitcoin, Blockchain, Ethereum, News, Tech

With how finicky Bitcoin (BTC) has been lately as far as transaction confirmations and the tremendous volatility going on, there are quite a few folks who are interested in cryptocurrency but quite wary of Satoshi’s creation. For good reasons as well. Heavy-Weight Flippening Contender The BTC blockchain was notoriously stubborn...

LockChain Rolls Out Its Blockchain-based Booking Platform after Securing 100,000 Hotels

January 19, 2018 by Guest Post at Blockchain, ICO/IEO

LockChain, a company developing a technological solution and a decentralized platform for property booking via blockchain, has announced it released the marketplace solution in alpha. Upgrading Hotel Experience via Blockchain Platform The platform currently features 600 short term rentals that, thanks to direct interaction between the guests and the hosts,...

Cornell Research: Bitcoin Block Size Can Increase by 1.7x and Maintain Decentralization

January 19, 2018 by Joseph Young at Bitcoin, Blockchain, Ethereum, News, Tech

A study led by Cornell professor Emin Gün Sirer entitled “Decentralization in Bitcoin and Ethereum” claimed that the bitcoin block size could be increased to 1.7MB and still maintain the same level of decentralization. Two Year Research Results During a research initiative conducted to compare the level of decentralization on...

Merging Blockchain and IoT: A Match Made in Heaven

IOTA: A Misunderstood Cryptocurrency?

January 17, 2018 by Christoph Bergmann at Altcoins, Bitcoin, Blockchain, Commentary, Ethereum, News, Tech

IOTA is one of the fastest growing cryptocurrencies with an enthusiastic community of fans. However, it is also one of the most severely criticized cryptocoins. Here we investigate what makes IOTA so controversial - and what value can be found in its approach to scale cryptocurrency. Disputes and Criticism: IOTA...

Sweden Looking Towards the Direction of Creating a National Cryptocurrency

January 16, 2018 by Ogwu Osaemezu Emmanuel at Blockchain, Commentary, Finance, News, Tech

At a time when governments around the world are busy formulating anti-cryptocurrency policies to cripple the growth of digital money, Sweden, a country whose citizens prefer transacting digitally, is making real plans to create the e-Krona, to serve its citizens better. E-krona – Sweden's Blockchain-based Crypto Per Business Insider, the...

Central Bank of Lithuania set to Launch Sandbox Blockchain Platform LBCHain

January 16, 2018 by Tabassum Naiz at Blockchain, Business, Finance, Regulation, Tech

The central bank of Lithuania is launching a regulatory and technological sandbox platform called LBChain. This move will facilitate testing for foreign and domestic companies to test and develop blockchain solutions. The Value of LBChain for the Fintech Community The rise of blockchain technology is turning out to be a...

Swiss Government Introduces Blockchain Task Force to Regulate Startups and ICOs

January 15, 2018 by Rahul Nambiampurath at Blockchain, Business, Commentary, News, Regulation, Tech

The government of Switzerland is reportedly working towards laying down regulations for the blockchain and Initial Coin Offering (ICO) industry. Spearheading the movement is Taskforce Blockchain, a group led by the country’s Finance and Economic and Education ministers, Ueli Maurer and Johann Schneider-Ammann. The team also includes federal, local legal...

Madeline Eden Determined To Revolutionize The US Electoral System Via Blockchain Technology

January 15, 2018 by Ogwu Osaemezu Emmanuel at Blockchain, Commentary, News, Regulation, Tech

One of the many uses of Blockchain technology is in the area of record keeping and secure data storage. Madeline Eden, a Bitcoin advocate, Blockchain developer and politician currently running for Congress, is looking to clean up the United States electoral systems through the distributed ledger technology. The Need For...

Hyundai Merchant Marine and Samsung SDS Announce Success of Blockchain-Based Pilot Program

January 15, 2018 by Rahul Nambiampurath at Blockchain, Business, Commentary, News, Tech

Hyundai Merchant Marine, one of the largest shipping exporters in the Asian Pacific, has reportedly completed a successful test run of its blockchain-based pilot program. Making Waves with Blockchain The news came through a press statement released on December 21, 2017, by Samsung SDS, the company that helped implement the...

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