#adoption

OpenNode Brings Lightning Network to Everyday Bitcoin Transactions

May 25, 2018 by contributor at Bitcoin, Business, News, Tech

The only thing missing in the digital currency space was a payment processor that was powered by the acclaimed Lightning Network. To this effect, the introduction of OpenNode satisfies that need and being the first of it’s kind, and it indeed looks like a promising innovation. OpenNode’s Features A platform...

Argentinian Bitcoin Updates: Banking, Democracy, and a Wine-Backed Cryptocurrency

May 24, 2018 by Liam J Kelly at Bitcoin, Blockchain, Commentary, Ethereum, News, Tech

In April 2018, the capital city of Argentina celebrated “Bitcoin Day,” an event comprised of around 500 attendees who were curious about the ever-increasing demand for information on bitcoin. Now, an Argentinian Bank is continuing the celebration after announcing on May 22, 2018, that its customers can use the pioneer...

What is Bitcoin Batching?

May 24, 2018 by Cindy Huynh at Bitcoin, Blockchain, Cryptocyclopedia, Tech

Batching is a method used to place as many transactions as possible into the limited block space available on Bitcoin's blockchain. Batching is important because combining multiple outputs and payments into a single operation is space and cost efficient. What is Batching? Batching multiple transactions into one transaction, therefore, creates cheaper...

Mitsubishi Financial Announces Blockchain Based Payment Settlement Network

May 24, 2018 by Rahul Nambiampurath at Altcoins, Bitcoin, Blockchain, Business, Finance, News, Tech

Japan’s largest bank Mitsubishi UFJ Financial Group (MUFG) announced an agreement with America based Akamai Technologies on May 21, 2018, to develop a new payment network platform based on blockchain technology. The announcement was made via a press release by Mitsubishi. Payment Network Platform on the Blockchain The two companies...

U.S. Congress Candidate Discourages Bitcoin FUD and Aims to Educate Public

May 24, 2018 by contributor at Bitcoin, Blockchain, Finance, News, Regulation, Tech

Cryptocurrencies have always been in the gray end of the regulation spectrum when discussed in American politics. Legal bodies often view them as a criminal tool to purchase guns, drugs, and other illegal articles. Regulatory authorities such as SEC are not sure whether to classify them as securities, while some...

DNV GL Eyes New Assurance Products after Buying Stake in VeChain

May 24, 2018 by Priyeshu Garg at Altcoins, Blockchain, Business, Finance, News, Tech

Norway-based DNV GL has bought stakes in leading public blockchain provider, VeChain. The acquisition will allow the risk management and quality assurance company to gain access to tools and technologies for developing new digital assurance products. DNV GL and VeChain Partnership The two have yet to disclose the extent of...

IOHK to Bring VR Tool to Explore Bitcoin's Blockchain

IOHK Introduces VR Tool to Explore Bitcoin’s Blockchain

May 24, 2018 by Rahul Nambiampurath at Altcoins, Blockchain, News, Tech

Cardano’s creator IOHK will soon be rolling out a virtual reality (VR) based educational tool aimed at introducing blockchain technology to students. With the help of VR, learners will be able to experience blockchain technology in a rather novel way. The announcement was made by IOHK CEO, Charles Hoskinson. Cardano...

Union Bank of Philippines Set to Do More with Blockchain and Bitcoin

May 23, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Blockchain, Business, Finance, News, Regulation

More financial institutions are warming up to blockchain technology and cryptocurrencies even with the largely unregulated nature of the digital currency space. In another similar development, the UnionBank of Philippines may be looking to integrate Bitcoin mining into its operations, as the financial institution recently displayed its cryptocurrency miners at...

What is STEEM and is it a Good Investment

Steemit Announces over 1 Million Users

May 23, 2018 by Nigel Dollentas at Altcoins, Blockchain, Ethereum, News

Steemit has recently announced that they have surpassed 1,000,000 users. The content platform is also ecstatic with the user activity the platform is receiving, regarding transactions over a 24 hour period, daily visitors, and unique accounts. Steemit Has More Transactions Than All Other Crypto’s The Steem (STEEM) blockchain now processes...

“Bitcoin Pizza Day” Shows Pioneer Cryptocurrency’s Impressive Price Rise

May 22, 2018 by contributor at Bitcoin, Finance, News

For the average person, the mention of a pizza priced at a million dollars is sure to stir up imaginations of a gold-wrapper, diamond encrusted pizza made with the rarest caviar. However, ask any bitcoin enthusiast, and he is sure to point you towards the story of Laszlo Hanyecz. The...

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