#Blockchain

Cardano: Creating Real use Cases for Blockchain Technology Globally

July 7, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, Business, Development, News, Tech

At a time when some have questioned the usefulness of distributed ledger technology, with officials of the Bank of International Settlements even claiming that blockchain will crash the entire internet if it were to handle the kind of transactions traditional databases of apex banks process on a daily basis. However,...

House Always Wins: Binance to Earn up to $1 Billion in 2018

July 7, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Business, Commentary, News, Regulation, Tech

The CEO of Binance, one of the world's largest and fastest-growing crypto exchanges, stated he expects net revenue of $500 million to $1 billion in 2018. CEO’s Overwhelming Optimism Despite the recent not-so-favorable situation in the crypto industry that has recorded billions of dollars in losses, crypto exchanges are still...

Movie on the Blockchain: Qtum-Powered “No Postage Necessary,” Purchasable with Bitcoin

July 7, 2018 by Ogwu Osaemezu Emmanuel at Adoption, Altcoins, Bitcoin, Blockchain, Business, News

From Finance to Entertainment down to the health sector, blockchain technology is blazing the trail. Arguably the first movie released using distributed ledger technology (DLT), "No Postage Necessary" – an indie comedy shot on a costly 35mm film is available for purchase with bitcoin and can be viewed via the...

Number of Blockchain Companies Accepted in FCA’s Regulatory Sandbox Rises

July 7, 2018 by Rahul Nambiampurath at Altcoins, Blockchain, Business, Development, News, Regulation

The London-based Financial Conduct Authority (FCA) has announced the names of companies selected to be a part of the fourth cohort of its regulatory sandbox. While the FCA had received 69 applications from prospective companies, it selected only 29 among them. The FCA provides financial and technical companies with a...

Netherlands’ Koopman Logistics Implements IBM Blockchain Technology

July 7, 2018 by Priyeshu Garg at Blockchain, News

Koopman Logistics, a transportation and logistics company based in the Netherlands, has become one of the first automotive transportation companies to implement IBM's blockchain technology. IBM’s Blockchain Technology Passes the Test with Flying Colors Blockchain technology is most commonly associated with cryptocurrency. As blockchain is the digital asset transaction ledger...

Uzbekistan to Legalize Cryptocurrencies: Tax-Free Operations, Invest in Blockchain Technology

July 7, 2018 by contributor at Altcoins, Bitcoin, Blockchain, News, Regulation, Tech

The landlocked Central Asian nation of Uzbekistan issued an official resolution on July 3, 2017, pertaining to the development of cryptocurrencies, mining, and blockchain technology. Significant takeaways include legalizing digital assets and launching a state-backed mining endeavor. Uzbekistan’s Cryptocurrency Push Titled "On Measures for the Development of the Digital Economy...

UK Legislator Calls for Appointment of a Chief Blockchain Officer

July 7, 2018 by Ogwu Osaemezu Emmanuel at Blockchain, News, Regulation, Tech

Recognizing the inherent potentials of distributed ledger technology (DLT), Eddie Hughes, a UK legislator and member of the Conservative Party, has called for the establishment of an office of the chief blockchain administrator, citing it as good leverage for accelerating the mode of governance. The Need for Transparent Governance Per...

Baidu to Introduce Totem Rewards and Reveal Its Blockchain Layout to World

July 6, 2018 by Priyeshu Garg at Adoption, Blockchain, Business, Development, News, Tech

Baidu, the owner of blockchain-based image managing service Totem, will hold a launch conference for its Totem Rewards on July 18, 2018. At the conference, Baidu will also reveal its blockchain layout to the world, the company announced on its website. Totem Rewards At the conference, vice-president of Baidu’s search...

$761m Lost to Cryptocurrency Heists In The First Six Months Of 2018

$761 Million Lost to Cryptocurrency Heists in The First Six Months of 2018

July 6, 2018 by Cindy Huynh at Altcoins, Bitcoin, Blockchain, Business, Crime, Ethereum, Finance, News

According to a study by cryptocurrency security firm CipherTrace of online heists, a record number of cryptocurrency tokens were stolen from cryptocurrency exchanges in the first half of 2018 alone. Cryptocurrency Heists on the Rise in 2018 CipherTrace reported that in the first half of 2018, there was more than three...

Research: Bitcoin “Run” by an Influential Group Holding Large Amounts of Cryptocurrency

July 6, 2018 by Rahul Nambiampurath at Altcoins, Bitcoin, Blockchain, Commentary, Crime, News

A study has revealed the possibility of a hidden group of users in the Bitcoin network control a majority of the digital asset. This closed group also completes most of the transactions in the network. Past studies have also highlighted the majority holdings of the digital currency lie in the hands of...

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