#Blockchain

How the Blockchain Will Force Lawmakers to Write New Laws

May 18, 2017 by Alex Lielacher at Blockchain, News, Regulation

Blockchain technology is currently disrupting most major industries across the globe. From financial services, supply chain management, and cyber security to online music distribution, cloud computing, and philanthropy, the blockchain is rewriting the status quo in many sectors. The distributed ledger technology that was pioneered by the cryptocurrency bitcoin is...

Blockchain FX Startup Cobalt Attracts Citadel Securities and XTX Markets to its Service

May 12, 2017 by Alex Lielacher at Blockchain, Business, Finance, News

UK-based fintech startup Cobalt has added electronic trading houses Citadel Securities and XTX Markets to its impressive list of participants who have committed to become users of its new blockchain-based institutional forex settlements platform. Cobalt has developed a post-trade processing system for the currency market that utilizes distributed ledger technology...

Blockchain Called: It Asked To Borrow That Outfit!

May 12, 2017 by Lori Brown at Blockchain, Business, News

Blockchain technology has made a warmly welcomed appearance in the fashion industry. A forward-thinking fashion leader, Martine Jarlgaard, is using the distributed ledger so that her clothing company will be accountable for the story behind the making of its garments. The industry of fashion, while highly competitive, has always been...

Will Blockchain Technology Provide the Solution to Genome Privacy?

May 11, 2017 by Alex Lielacher at Blockchain, News, Tech

Our genomes contain a wide range of valuable information that can help health practitioners to diagnose and prevent illnesses with more precision and effectiveness than ever before. However, there is also the potential for abuse of your genome data if it falls into the wrong hands. Genome privacy is a...

Litecoin Breathes Life into Segregated Witness

May 11, 2017 by Joseph Young at Altcoins, Blockchain, News, Tech

After a month-long deliberation, the Litecoin community came to a consensus to activate Segregated Witness on Litecoin. On May 10, Litecoin creator and Coinbase Director of Engineering Charlie Lee celebrated the implementation of SegWit on his social media; litecoin will serve as an experimental testbed for bitcoin and may go...

Tim Draper To Invest in Tezos’ Blockchain Governance Platform

May 8, 2017 by Evan Sixtin at Altcoins, Blockchain, Commentary, Finance, News

Tim Draper has announced that he will participate in the Tezos ICO. Draper is the third generation in a line of Silicon Valley venture capitalists. He is a founding partner of Draper Associates and Draper Fisher Jurvetson (DFJ). His father was an early investor in Skype and owned 10 percent...

European Energy Operator, TenneT, To Use Blockchain For Electricity Security Of Supply

May 5, 2017 by Alex Lielacher at Blockchain, News, Tech

Leading European Electricity Transmission System Operator (TSO) TenneT is spearheading a collaboration between key European energy service providers, Sonnen and Vandebron, powered by IBM’s Hyperledger Fabric-based blockchain to maintain the security of supply of energy for its consumers and prosumers. Netherlands-based TenneT is one of Europe’s leading energy service providers....

The UN Uses Ethereum’s Blockchain to Distribute Funds to Jordanian Refugee Camps

May 4, 2017 by Nuno Menezes at Blockchain, Ethereum, News, Tech

The United Nations (UN) is in the final stages of what could be one of the most groundbreaking blockchain projects ever, starting a project on May 1 to distribute funds in Jordan, a country which has taken the bulk of refugees from conflict zones in neighboring Iraq and Syria. The...

Lightning: How Payment Channels Build up a Network

May 3, 2017 by Christoph Bergmann at Bitcoin, Blockchain, News, Tech

The second part of the Lightning Saga; how can Payment Channels build a network? How is it possible to send bitcoins to someone else, without maintaining a channel with them? Why is no trust in a third party needed? And how can Lightning Nodes find a path through the network?...

Australian University Rolls Out Blockchain-based Student Record System

May 3, 2017 by Alex Lielacher at Blockchain, Business, News, Tech

The University of Melbourne is rolling out a blockchain-based student record system, one of the first in the world to utilize the technology behind Bitcoin in this way. Working in conjunction with U.S. blockchain startup Learning Machine and the Massachusetts Institute Of Technology (MIT) Media Lab, the University will test...

Blockchain Commercialization Soars: Does It Have a Technical Weakness?

May 1, 2017 by Michael Scott at Bitcoin, Blockchain, Commentary, News, Tech

Innovative ideas are in full bloom relative to blockchain commercial applications. They hold the potential to reinvent everything from investment trading platforms to medical record systems to land use titling management. Many liken the world of blockchain to the early days of the Internet, which was full of hope and promise...

Asia’s Most Valuable Company Introduces Blockchain Platform For Enterprise

May 1, 2017 by Joseph Young at Blockchain, Business, News

Asia’s most valuable company, Tencent, which is valued at 2.31 trillion Yuan, or approximately $335 billion, a market capitalization larger than that of Alibaba, has announced the development of its blockchain platform called TrustSQL. Tencent is better known to the west as the owner of Riot Games, the development company...

Spotify Acquires Blockchain Startup Mediachain to Improve Royalties Distribution

April 30, 2017 by Alex Lielacher at Blockchain, Business, Entertainment, News

Digital music streaming service Spotify has acquired blockchain company Mediachain with a view to solving the problems associated with royalties attribution on its platform. New York-based Mediachain has been developing blockchain solutions to address the challenges faced by musicians and the creative industry when it comes to content attribution and...

British Computer Scientists Aim to Automate Financial Regulation with Smart Contracts

April 29, 2017 by Alex Lielacher at Blockchain, News, Regulation, Tech

Professor Philip Treleaven and his renowned financial computer science team at University College London are working on a new project that involves automating financial regulation through the application of blockchain-based smart contract technology. Treleaven and his team are assembling several technology-related components to create what Treleaven has coined core “regtech,”...

The Lightning Network Explained, Part I: How to Build a Payment Channel

April 29, 2017 by Christoph Bergmann at Bitcoin, Blockchain, News, Tech

What is the Lightning Network? We try to make this crazy piece of Bitcoin scaling technology understandable for everybody. The first part is about the basic unit of Lightning, the Payment Channels. How are they built? Why do they make it possible to send bitcoins without miners? And how do...

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