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SWIFT to Test Blockchain E-Voting Platform With Major Financial Entities

March 8, 2019 by Tokoni Uti at Adoption, Blockchain, Business, News

Shareholder voting is getting the blockchain treatment as SWIFT announced on March 6, 2019, that they will be testing out a new blockchain-based platform for that purpose with Deutsche Bank, DBS, HSBC. Put to a Vote All publicly traded companies rely on shareholder decisions before certain moves can be made,...

Rwanda Studies CBDCs To Minimize Transaction Cost and Maximize Output

Fintech Firm Launches Blockchain CBDC Pilot with Eastern Caribbean Central Bank

March 8, 2019 by Ogwu Osaemezu Emmanuel at Blockchain, Finance, News, Tech

Bitt, a portfolio company of Medici Ventures, the leading blockchain accelerator and subsidiary of Overstock, has joined forces with the Eastern Caribbean Central Bank (ECCB) to conduct a distributed ledger technology (DLT) based Central Bank Digital Currency (CBDC) pilot across member countries in the Eastern Caribbean Currency Union (ECCU), according...

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Iced Tea Company Goes Full Blockchain, Again

March 8, 2019 by Neil at Adoption, Blockchain, Business, Finance, Investment, News

Long Blockchain, formally known as Long Island Iced Tea Corporation, has announced that it will sell its drinks business to EC22 Ventures Corp and plans to completely refocus on blockchain technology, in the Securities Exchange Commission (SEC) filing dated March 6, 2019. We all know that there are times where a...

PolySwarm Malware Market Blockchain Green Black Blue Purple Shop

Cybersecurity Startup Launches Blockchain-Based Malware Detection Marketplace

March 8, 2019 by Tom Nyarunda at Blockchain, Business, News, Platform, Tech

PolySwarm’s malware detection marketplace creates a platform where antivirus companies and cybersecurity experts compete and receive remuneration do detect threats. Replacing VirusTotal, it provides a better protection model for identifying and sharing information about malware for the benefit of users. This according to a press release on March 7, 2019,...

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...

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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...

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