#Blockchain

Ukrainian Authorities May Legalize Cryptocurrency as Financial Instruments

UK Cash System May Be Heading towards a Collapse, a Recent Report Finds

March 8, 2019 by Nuno Menezes at Adoption, Altcoins, Bitcoin, Blockchain, Finance, News

A new report by Access to Cash Review predicts that the UK cash system is in danger of collapsing, but the country is not yet ready to go cashless. Cash Infrastructure in the Brink of Collapse According to The Guardian, a new report finds that British cash system is “on...

Proof of Work vs. Proof of Stake

March 7, 2019 by Toju Ometoruwa at Blockchain, Cryptocyclopedia, Tech

Over the past few years, awareness of blockchain technology has grown exponentially. Major institutions and key figures in business and politics are now aware of the technologies potential to decentralize our global financial and economic systems. Following Protocol The long-term goal of cryptocurrencies and blockchain technology has been to achieve...

Blockchain Technology Finds Eccentric Use Case in Tracking Drone Flight Data

March 7, 2019 by Aisshwarya Tiwari at Adoption, Blockchain, Business, News

A startup named Red Cat that uses blockchain technology to securely store drone flight data launched the second beta version of its platform on March 6, 2019, reports TechCrunch. Blockchain to Manage Drone Data Use of blockchain in the aviation sector is not something new. There have been instances where...

Going the Milky Way: Carrefour to Use Blockchain to Track Dairy Production

March 7, 2019 by Aisshwarya Tiwari at Adoption, Blockchain, Business, Development, News

According to a report by the Hard Fork, published March 6, 2019, French supermarket juggernaut Carrefour is set to deploy blockchain technology to track the supply chain specifics of its milk production. Blockchain Goes the Milky Way In an attempt to make its supply chain more transparent, Carrefour will utilize...

Hand Holding Two Blue Blocks with Banking Logos

Deutsche Boerse and Commerzbank Complete Blockchain Repo Transaction Platform Test

March 7, 2019 by Tokoni Uti at Adoption, Blockchain, Business, Finance, News

Deutsche Boerse and Commerzbank have successfully carried out an $11.3 million repo transaction using a jointly developed blockchain platform, as reported on March 6, 2019. Testing New Waters In the financial services industry, blockchain has found a wealth of applications. It is being used to issue loans and trade in...

Hand Holding an iPhone with Opera Touch Application Open

Opera to Launch Cryptocurrency Wallet and dApps Explorer for iOS

March 7, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Altcoins, Blockchain, Development, Ethereum, News

Opera, a Norway-based software company, founded in 1995 has announced on March 5, 2019, that Opera Touch for iOS will soon be launched, and it will feature a cryptocurrency wallet as well as decentralized applications (dApps) explorer. The move hopes to meet the demands from the Ethereum community for the...

MakerDAO List Paper Fee Increase Gold Hand Finger Point

MakerDAO Contemplates 2 Percent Fee Increase

March 7, 2019 by Tokoni Uti at Altcoins, Blockchain, Business, News

In a bid to stay afloat amid low market prices, MakerDAO has announced On March 4, 2019, that their users will vote on a possible 2 percent fee Increase. Harsh Measures In January 2019, MakerDAO reported that its Dai token had been a great success with over 8,200 crypto addresses...

Chainalysis Clarifies User Data Handling Policy

March 7, 2019 by Tokoni Uti at Blockchain, Business, News

Chainalysis is the latest firm to speak up about their usage of user data in a March 5, 2019 blog post, following similar response from Elliptical in the wake of Coinbase controversy. It All Started with an Interview On March 1, 2019, Christine Sandler, Coinbase’s Head of sales, sat down...

Supply Chain Blockchain Machine Boxes Factory Brown Blue

How Blockchain Technology Reshapes 21st Century Supply Chain Management

March 6, 2019 by Aisshwarya Tiwari at Blockchain, Business, Cryptocyclopedia, News

Increasing complexity in global supply chain management has forced businesses to reassess their transit strategies. Seemingly, blockchain technology that undergirds cryptocurrencies like bitcoin, ether, and others, has emerged as a silver bullet for the cobweb of global supply chain channels. Often accused of being blown out of proportion, blockchain’s use...

IBM X-Force Red Team Announces Blockchain Security Testing Service

March 6, 2019 by Aisshwarya Tiwari at Adoption, Blockchain, Business, Development, News

According to a Forbes report published March 5, 2019, IT giant IBM’s cybersecurity team X-Force Red has launched a new blockchain testing service. The service is the latest to enter the rapidly inflating bubble of enterprise-level blockchain offerings. The X-Force Red Team IBM’s X-Force Red Team is an independent...

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