#Blockchain

Binance Bitcoin DEX Testnet Yellow Green Exchange

Binance Decentralized Cryptocurrency Exchange Now Live in Testnet

February 21, 2019 by Ogwu Osaemezu Emmanuel at Blockchain, Exchange, News

The world’s number one cryptoassets exchange by 24-hour trading volume, Binance, has successfully launched its highly anticipated decentralized cryptocurrency exchange, Binance DEX in testnet, in a bid to transform the peer-to-peer cryptocurrency trading industry, according to a press release from Binance on February 20, 2019. Testnet for Binance DEX Successfully...

Bitcoin and Ether Market Update: January 9, 2020

Bitcoin, Ether, and XRP Weekly Market Update: February 21, 2019

February 21, 2019 by Georgi Hristov at Altcoins, Bitcoin, Blockchain, Cryptocurrency Market Outlook, Ethereum, News, Price Analysis

The total crypto market cap increased to $133 billion after gaining more than $14 billion of value for the past seven days. Top ten cryptocurrencies are all in green for the same time period with EOS, Litecoin, and Binance Coin leading the pack with more than 20 percent in gains....

Learning Passports: The EC’s Bold Plan To Mix Blockchain And Education Credentials

Andorra Joins the DLT Movement, Degree Certificates to Be Recorded on the Blockchain

February 21, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Blockchain, Business, Development, News

Andorra will be using blockchain technology to store certificates of education issued by higher institutions to create a more secure registry, reports Europapress on February 21, 2019. A Nation’s Plan to Adopt Blockchain Per the report, a government official in Andorra has revealed that all degree certificates issued by higher...

Blockchain Security Firm Secures $15 Million in VC Funding

February 21, 2019 by Aisshwarya Tiwari at Blockchain, Business, Investment, News

According to a press release published February 19, 2019, blockchain security firm CipherTrace has secured $15 million in venture capital from leading Silicon Valley and New York venture capital firms with a proven track record in the crypto asset and cybersecurity space. Strong Demand for DLT Products CipherTrace has raised...

Coinbase and Neutrino Block with a Magnifying Glass

CoinBase Acquires Blockchain Analytics Firm Neutrino

February 21, 2019 by Tokoni Uti at Adoption, Blockchain, Business, Finance, Investment, News

CoinBase has acquired Neutrino, a blockchain intelligence firm, in hopes of using their technology to add new features and improve security, as reported on February 19, 2019. Expanding its Base CoinBase has made a new acquisition in a bid to expand its empire. On February 19, 2019, the company announced...

The Government of Seoul Is Looking to Close the Blockchain Funding Gap

February 21, 2019 by Tokoni Uti at Adoption, Blockchain, Business, Investment, News

In yet another bold step towards becoming the next blockchain hub, the city of Seoul announced on February 18, 2019, that it will offer $1 billion in funding towards blockchain and fintech firms up to the year 2022. Funding the Dream Despite the current ban on ICOs, South Korea has...

Blockstream Releases A New Multisignature Standard

February 20, 2019 by Nuno Menezes at Adoption, Bitcoin, Blockchain, News

Blockstream a blockchain technology startup, announced the release of Musig, a test code for the proposed Schnorr-based multi-signature scheme on February 18. The MuSig scheme is a Bitcoin upgrade implementation that is focused on scalability and confidential transactions. Musig According to Andrew Poelstra, the company’s mathematician, this latest release is...

Japan’s Second Largest Bank Completes Blockchain Trial On R3 Platform

February 20, 2019 by Tokoni Uti at Blockchain, Business, Finance, News

Sumitomo Mitsui Banking Corporation (SMBC) has completed a successful proof of concept on R3’s Marco Polo trade platform, according to a press release dated February 18, 2019. Done and Dusted A successful proof-of-concept (PoC) has been completed by Sumitomo Mitsui Banking Corporation (SMBC), Japan’s second-largest bank by assets, as performed...

The German Government Seeks the Blockchain Community’s Input on new Laws

February 20, 2019 by Tokoni Uti at Adoption, Altcoins, Bitcoin, Blockchain, Business, News, Regulation

While the German government is preparing for a strategy presentation this summer, they have also sought the consultation of the blockchain community, reported February 18, 2019. Talking Points As time goes on, more and more governments have adopted the use of blockchain in transportation, tax collection, and so on. There...

Man Looking at Dying Bitcoin Plant with a Swiss Flag

The Boom of Swiss Crypto Foundations Has finally Fizzled

February 19, 2019 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Business, Finance, News

Several high-profile scandals and the lack of foresight when it comes to governance have led to the stumble of many Suisse-based cryptocurrency foundations Finews reported on February 18, 2019. Foundations Marked Switzerland's Economic Climate Foundations, while not the backbone of the Swiss economy, have been an inescapable part of the country's...

Voting Room with Blockchain Technology Curtain

South Australian Government to Use Blockchain Technology to Conduct Elections

February 19, 2019 by Nuno Menezes at Adoption, Blockchain, News, Tech

According to Micky News, an Australian News outlet, a blockchain-based voting system will be used by the South Australian Government in an official election conducted soon. Integrating a blockchain-based voting system On February 18, 2019, Horizon State CEO Nimo Naamani confirmed that the South Australian Government would be using the company’s...

Blockchain Might Not Be the Appropriate Answer to IIot Security

Blockchain Might Not Be the Appropriate Answer to Iot Security

February 18, 2019 by Nuno Menezes at Adoption, Blockchain, Tech

Blockchain has been pointed out as the technology capable of providing security to the Industrial IoT (IIoT), but contrary to this belief, IoT project owners, chipmakers and OEMs may be better suited with security solutions capable of addressing low-level, device and data-centered hardware as the emerging technology may be an...

Blockchain Technology Helps HSBC Save 25 Percent on Forex Trade Settlements

February 18, 2019 by Tokoni Uti at Blockchain, News

HSBC has reported a successful trial of their blockchain-based "FX Everywhere" platform which saved 25 percent of costs associated with forex trade settlements, Reuters reported on February 14, 2019. Cost-Saving Measures Besides the use of blockchain in cryptocurrencies, it can also be used to save money. For example, the World Trade Organization...

Dutch Company Announces IOTA-based Smart Grid

February 16, 2019 by Tokoni Uti at Adoption, Blockchain, News

ElaadNL, a Dutch tech company has revealed the PoC for a new smart grid that self-balances and rewards Smart vehicles with IOTA tokens on February 14, 2019. A Smart Solution While blockchain technology is known to consume a lot of energy in the process of creating cryptocurrencies, it is now...

Baidu Launches Blockchain Engine for dApp Developers

February 15, 2019 by Ogwu Osaemezu Emmanuel at Blockchain, Development, News, Tech

China's search engine giant, Baidu, has launched the Baidu Blockchain Engine (BBE), an operating system based on Artificial Intelligence, Big Data, and Cloud Computing, which will enable developers to design decentralized mobile applications in an easier and faster way, according to a press release published February 14, 2019. Developer-Friendly Per the...

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