#Blockchain

Accenture and GEB Partner to Use DLT For Employee Benefits Sector

April 18, 2019 by Aisshwarya Tiwari at Adoption, Blockchain, News

A Forbes report published April 16, 2019, states that multinational management consulting giant Accenture has partnered with Generali Employee Benefits (GEB) to develop a robust blockchain solution for employee benefits sector. Blockchain to Streamline Employee Benefits IT firm Accenture has historically been one of the biggest believers of blockchain technology....

U.S. Federal Court Defines Cryptocurrencies as Commodities

All you Need to Know about the Token Taxonomy Act

April 18, 2019 by Aisshwarya Tiwari at Adoption, Blockchain, Commentary, Cryptocyclopedia, News, Regulation

The tax treatment of cryptocurrencies has been a matter of constant back and forth since their inception. On one end, regulators argue that digital currencies are no different than traditional equity stocks which put them in the same bag as government-approved securities. Conversely, crypto evangelists and lobbyists opine that cryptocurrencies...

South Korean Firm Adopts 5G Blockchain Technology to Fight IoT Hacks

April 17, 2019 by Tokoni Uti at Adoption, Blockchain, Business, Cybersecurity, News

There is a new tool in the fight against hacks as Korea Telecom (KT) has unveiled a new blockchain-based 5G network that masks the IP addresses of IoT device users, reported on April 16, 2019. Unhackable Technology has brought the world many great gifts such as better communication and the...

Australia to Open First Domestic Blockchain Incubator Lab by September 2019

April 17, 2019 by Neil at Adoption, Blockchain, Business, News

Even if there are many different organizations and corporations that are interested in developing blockchain solutions to specific problems, or their own cryptocurrencies, the truth is that the interest in the sector often depends on policy and regulation within a specific country. Seemingly, it appears as though Australia is more...

Ernst & Young (EY) Unveils Ethereum Blockchain-Based Nightfall Protocol

April 17, 2019 by Aisshwarya Tiwari at Adoption, Blockchain, Business, News

Accounting giant Ernst & Young (EY) on April 16, 2019, announced its private transaction blockchain protocol called "Nightfall" on the public Ethereum network. Taking the Road Less Traveled Although blockchain technology is still very much in its infancy, companies the world over are not shy to use it in innovative...

Blockchain Technology is the Focal Point of Ohio Healthcare IT Day

April 17, 2019 by Aisshwarya Tiwari at Adoption, Blockchain, News

The US state of Ohio, in its 132nd General Assembly, passed Senate Bill 220 which essentially places it as a national policy leader on the use of blockchain technology. This according to a report published April 16, 2019, by AI Thority. Ohio Looks to Go All in on Blockchain In...

Sozo Chainaltsis Blockchain Fund Money Meeting Table

Blockchain Analytics Firm Chainalysis Raised $6 Million From MUFG And Sozo Ventures

April 17, 2019 by Alex Lielacher at Blockchain, Business, Investment, News

Leading blockchain analysis company, Chainalysis, has managed to secure $6 million in funding from Japanese financial services giant Mitsubishi UFJ Financial Group and venture capital firm Sozo Ventures. This according to a report by Reuters, April 16, 2019. Expansion Into Asia New York-based Chainalysis hopes that the raised funds will...

Q1 Report: CoinGecko Acknowledges Mimblewimble, IEOs, and Cosmos Launch

April 17, 2019 by Liam J Kelly at Altcoins, Blockchain, Business, Development, Exchange

In the world of crypto technologies and magic Internet money, a single quarter can seem like a decade. CoinGecko, however, has finally released their Q1 findings to remind the space of an exciting 2019 thus far. The data platform outlines the top events that opened the new year including implementations...

Consensys Shopping for Investors as 2018 Profits Ring in at $21 Million

April 16, 2019 by Tokoni Uti at Blockchain, Business, Finance, Investment, News

Following underwhelming profits for 2018 and the laying off of staff, ConsenSys is seeking an investment of $200 million and a valuation of $1 billion, reported on April 15, 2019. New Backers In late 2018 and early 2019, many blockchain and crypto firms were forced to lay off some of...

BitPay UK Wallet Flight Travel Wallet BTC

UK: Corporate Traveller Allies with BitPay to Accept Bitcoin Payments

April 16, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Bitcoin, Blockchain, News

Corporate Traveller, a leading UK-based business travel management firm centered on servicing enterprise clients with small to medium travel spend requirements, has joined forces with BitPay, a highly reputed bitcoin payments processor, to enable the former to start accepting Bitcoin (BTC) from clients, according to a press release on April...

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