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IBM and Maersk Eye Blockchain Logistics Market with TradeLens

August 11, 2018 by Eric Czuleger at Adoption, Blockchain, Business, Finance, News

On August 9, 2018, IBM and supply chain juggernaut Maersk have added 92 clients to their blockchain platform in a bid to revolutionize global shipping using blockchain technology. Blockchain and Logistics The new venture created by the two global companies has been dubbed TradeLens. Through its early, the companies have...

Opera Goes after Crypto Users with Crypto Wallet-Enabled Desktop Browser

August 11, 2018 by Priyeshu Garg at Adoption, Altcoins, Bitcoin, Blockchain, Ethereum, Finance, News

Opera is planning to expand its popularity among blockchain and crypto savvy users by embedding a cryptocurrency wallet into its desktop browser. With the move announced on August 8, 2018, it is expected to handle cryptocurrencies easier, as no other significant browser currently offers a similar service. If successful, Opera...

Everipedia Chooses EOS Over Ethereum Blockchain Ahead of Launch

August 11, 2018 by Cindy Huynh at Altcoins, Bitcoin, Blockchain, Ethereum, News

Everipedia, the decentralized encyclopedia application, has abandoned the Ethereum blockchain to launch on EOS instead. Everipedia’s developers believe that building the platform on Ethereum is “infeasibly difficult” due to its existing scalability issues. Everipedia: A Censorship-Resistant Encyclopedia According to The Next Web, Everipedia wants to usher a new database of...

Cryptocurrencies Meet Art at London’s Mayfair Gallery

August 11, 2018 by Eric Czuleger at Adoption, Altcoins, Bitcoin, Blockchain, Business, News

Come October 2018, and art patrons can purchase creative works at London’s Mayfair using one of the top eight cryptocurrencies. The global exhibition has always been at the cutting edge of the visual arts; it is now moving from fine art to fintech as allows patrons to pay with only cryptocurrencies...

McAfee-Backed “Unhackable” BitFi Wallet Hacked to Run P.C. Game

August 11, 2018 by Jefferson Nunn at Altcoins, Bitcoin, Blockchain, News, Tech, wallet

Security researchers have successfully modified BitFi’s hardware wallet and provided a demonstration of the device running Doom. BitFi’s response? “Prove it.” Security researchers are arranging a demonstration this weekend proving BitFi’s wallets can be hacked. Unhackable? Not So Much BitFi launched their hardware wallet in June as a way for...

Plasma and Plasma Cash: The Future of Scaling and Security

August 11, 2018 by Eric Czuleger at Altcoins, Blockchain, Business, Cryptocyclopedia, Development, News

In March of 2018 Vitalik Buterin introduced Plasma and Plasma Cash as a solution to some of the largest difficulties facing blockchain technology Scaling, security, and verification have long plagued the emerging field of blockchain technology and cast doubt into the minds of potential investors. In 2017, document describing the...

ICOs Raise over $18 Billion Due to Wealthy Investors’ New Interest

August 10, 2018 by Priyeshu Garg at Altcoins, Blockchain, Business, Finance, Investment, News

We are barely out of the first half of 2018, and already ICOs have raised almost five times more than they did last year in total. August 8, 2018, reports from CoinSchedule claim that this is due to a new trend in ICOs: Target the rich. ICOs Turn to the...

Bitcoin Firm Paxos to Offer Post-Trade Confirmation Service for Gold Industry

August 10, 2018 by Priyeshu Garg at Blockchain, Business, Exchange, Finance, News

On August 9, 2018, Paxos, the parent company of crypto exchange itBit, announced the launch of the Paxos Confirmation Service, a tool designed to streamline the post-trade confirmation process for the precious metals market. A Step toward Post-Trade Blockchain Solution Making the announcement, the company revealed that INTL FCStone Ltd.,...

Ohio Creates a Framework for Blockchain Adoption

August 10, 2018 by Eric Czuleger at Adoption, Blockchain, Business, Finance, News, Regulation

Ohio has become another in the list of states to develop a legislative framework which recognizes the use of blockchain technology to secure electronic records across a wide range of industries according to August 7, 2018, reports. Ohio Joins the Revolution Governor and former presidential candidate John Kasich enacted legislation...

Brazil Presidential Candidate Trusts Bitcoin’s Potential as a Legal Means of Payment

August 10, 2018 by Aisshwarya Tiwari at Adoption, Bitcoin, Blockchain, Finance, News, Regulation

Running for Presidency this October from Partido NOVO, or The New Party, João Amoêdo believes that a digital currency like bitcoin could be adopted in the Brazilian economy to establish an efficient digital payment mechanism, provided there are enough regulations to supervise its use. Amoedo shared his thoughts during an...

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