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Digital Identity, Africa, and Blockchain Trends 2018

January 14, 2018 by Ogwu Osaemezu Emmanuel at Blockchain, Business, Commentary, News, Tech

The British Broadcasting Corporation (BBC) has said that WISeKeY is among the five African trends expected to achieve great feats in the tech ecosystem this year. The company's Digital Identity Blockchain is currently doing excellent work with the United Nations in the actualization of the 2030 goal to provide everyone...

Chinese Internet Giant Baidu Launches Blockchain-as-a-Service Platform

January 14, 2018 by Andrew Weilbacher at Blockchain, Business, Commentary, News, Tech

Chinese internet behemoth Baidu has recently launched its blockchain-as-a-service (BaaS) product, calling it the "most easy to understand" blockchain service in the business. History of Innovation: China and Blockchain As per Baidu, this platform was based on the organization's internal developments, and it can make and follow exchanges identified with...

Humanitarian Aid on the Blockchain

January 14, 2018 by Andrew Weilbacher at Blockchain, Commentary, Finance, News, Tech

While Bitcoin is the most popular application of the blockchain, the potential for the technology is far more extensive. Philanthropies, non-profit associations, social ventures, and government offices are starting to investigate how they could utilize the innovation to propel endeavors going from reestablishing land records to helping individuals who need...

IBM, Comcast Corp. and MState Set to Boost Blockchain-Based Startups

January 13, 2018 by Ogwu Osaemezu Emmanuel at Blockchain, Business, Commentary, News, Tech

By funding several Blockchain startups in 2018, International Business Machines Corp.(IBM), Comcast, and MState are teaming up to enable fintech startups in the coming year. The Big Blue, Comcast Blockchain Startups Acceleration IBM, Comcast, and MState are looking to give financial assistance to Blockchain startups from around the world over...

JPMorgan CEO: Bitcoin Not a Fraud

January 12, 2018 by Priyeshu Garg at Bitcoin, Blockchain, Commentary, Finance, News

The CEO of the financial services company JP Morgan Chase “regrets” statements he made in September of 2017 when he publicly denounced bitcoin as being fraud. His accusations included claiming that the craze was worse than the much-referenced tulip bulb frenzy, and threatening to fire anyone “stupid enough to trade...

How Can Blockchain Help Science?

January 12, 2018 by Akshay Makadiya at Blockchain, Business, News, Tech

Blockchain technology has undoubtedly a massive potential in fields of finance. However, several institutions are planning to introduce the revolutionary technology into scientific organizations. Many already have initiated pilot programs to embrace the distributed ledger technology. Jack of All Trades The much-hyped technology also can transform the scientific landscape. According...

Indian Think Tank looks to Launch Blockchain-based Pilot Projects

January 12, 2018 by Rahul Nambiampurath at Blockchain, Business, News, Tech

An Indian news publication, Economic Times, reported on January 4, 2018, that the government’s policymaking subsidiary is actively looking into the applications of blockchain technology in the areas of education and agriculture. The body of the government currently exploring the technology is Niti Aayog, also known as the National Institution...

KODAKCoin Empowers Photographers to License and Sell Their Work With Blockchain

January 11, 2018 by Julia Travers at Blockchain, Business, Entertainment, Finance, News, Tech

Kodak announced it was entering into a partnership with WENN Digital to launch a cryptocurrency called KODAKCoin along with a blockchain-based image rights-management platform called KODAKOne. This platform and coin are designed to create a specialized business ecosystem for photography, in which photographers and photo agencies can have greater authority...

WWF building Blockchain-based system that will Tackle Problems in Commercial Fishing

January 10, 2018 by Rahul Nambiampurath at Blockchain, News

The World Wildlife Fund is reportedly building a new blockchain-based system designed specifically for the commercial fishing industry. The project has been conceived of in response to the alarmingly high rate of reports of illegal operations and slavery in the South China Sea and Australian regions. As such, the WWF...

Elering and Wepower Partnership Offers Blockchain-Based Energy Trading Solution

January 10, 2018 by Tabassum Naiz at Blockchain, Business, Commentary, Ethereum, News, Tech

WePower signed a Memorandum of Understanding (MoU) with Elering AS in October 2017 which would set the table for a blockchain-based energy trading solution in Estonia. The pilot looks to tokenize energy exchanges between the two companies while also opening a communication channel for further developments. National Experience Meets 21st...

Leaked Video: Telegram’s Proposed TON Cryptocurrency to Use Third Generation Blockchain Technology

January 9, 2018 by Priyeshu Garg at Blockchain, Commentary, Ethereum, News, Tech

Global cryptocurrency users’ de facto communication and messenger platform appears to have something big up its sleeve. Third Generation Blockchain Technology Telegram’s developing TON token was one of the industry’s best-kept secrets until a source let slip of the project on December 21, 2017. If the information contained in the...

Brazil Looks to Merge Political Processes with the Ethereum Blockchain

January 9, 2018 by Rahul Nambiampurath at Blockchain, Ethereum, News, Regulation, Tech

Brazil’s constitution contains a special provision to safeguard the interests of its population by allowing citizens to sign a petition on an issue they think should be brought up in Congress. The concept, dubbed "popular petitions," has been mired in many logistical problems for quite some time now. However, that...

Decentraland‘s Genesis City Bridges VR and Blockchain

January 8, 2018 by Julia Travers at Blockchain, Entertainment, News

Decentraland followed up its initial coin offering (ICO) of MANA tokens in August 2017 with a virtual land auction on December 15, 2017. Decentraland is a virtual reality (VR) universe based on the Ethereum blockchain that allows users to buy land and create a unique VR experience for themselves, their...

From A Small Catering Business To Blockchain Empire – Simon Yu Has Quite A Story To Share With Budding Entrepreneurs

January 7, 2018 by Priyeshu Garg at Altcoins, Blockchain, Business, Commentary, News

For StormX co-founder Simon Yu, the road to success couldn’t have been thornier. Things got notably worse after his family was left with no choice but to declare bankruptcy. Yu was in college back then and with no source of substantial income. Food Trucks to Crytpo Desperate to break free...

Hooters Joins Blockchain Mania in Recent Announcement

January 7, 2018 by Rahul Nambiampurath at Blockchain, Business, Commentary, News

Chanticleer Holdings, the owner of several burger brands, including nine restaurants franchised by Hooters, announced on January 2, 2018, that it would be using a form of blockchain-related technology for its rewards program. Rising Stocks and Blockchain Craze Shortly after the press release, the company’s stock prices shot up over...

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