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China’s Largest Online Video Firm to Implement Blockchain

August 20, 2016 by Joseph Young at Business, News

Leshi, the largest online video company in China with over US$1.6 billion annual revenue, has announced its plans to implement the blockchain technology at the Ministry of Electronics Standards Institute (MESI). The company has established two subsidiary organizations under its brand called LeFinance Blockchain Labs and LeEco Blockchain Alliance to...

South Korea Establishes Fintech Center for Bruneian Startups

August 20, 2016 by Joseph Young at Business, Finance, News

The Korea Fintech Industry Association (KFIA), which has been heavily involved in the development of fintech services and platforms in South Korea, have announced their plans to secure a strategic partnership with Brunei that will allow startups to collaborate and build innovative financial technologies. At the Brunei-Korea ICT conference, KFIA...

Blockchain To Power Renewable Energy And Batteries

August 19, 2016 by Nigel Dollentas at Business, News

Decentralization has the potential to disrupt yet another sector; the facilitation of peer to peer energy trading and storage. By cutting out the middlemen, households and commercial properties alike could benefit from reduced fees and frictionless exchange and storage of energy. This is exactly what a partnership between Power Ledger,...

Blockai Introduces Twitter-based Blockchain Copyright Solution

August 19, 2016 by Joseph Young at News

Blockai, a blockchain-based copyright platform designed for artists and digital content creators, has added a new social media feature that allows creators to claim their rights instantaneously through Twitter. The platform, which is built on a decentralized network of servers, is designed for creators to claim copyright of their creation...

Department of Homeland Security Awards $1.3 Million to Small Businesses for Cybersecurity Research and Development

August 18, 2016 by Nuno Menezes at News

On August 12, the Department of Homeland Security (DHS) Science and Technology Directorate announced it has awarded $1.3 million to 13 small businesses to support the development of new cyber security technology. In December 2015, the DHS Science and Technology Directorate announced a Small Business Innovation Research (SBIR) Program. Since...

Blockchain Predictions for 2017: Identity, the Next Killer App

August 18, 2016 by Amy Castor at News

Identity may be the killer app that pushes blockchain technology into mainstream consumer use. That was one of the predictions at the Blockchain Conference in New York on Wednesday, where panelists took a look at the future of cryptocurrencies and the blockchain. Left to Right: Meeta Yadav, blockchain chief data...

Swiss Bank UBS: Fintech is Opportunity, Not Threat

August 18, 2016 by Joseph Young at Business, Finance, News

Swiss global financial services company and multi-billion dollar bank UBS recently carried out a multinational survey involving its customers and users. Based on their report, UBS believes fintech and online payment networks are opportunities for the bank to take advantage of. The rapid emergence of fintech services and platforms since...

Can Blockchain Technology Propel the Internet of Things?

August 18, 2016 by Jamie Holmes at News

Blockchain has the potential to propel the Internet of Things and allow for greater efficiency in the use of resources, as recently highlighted by Ernst & Young, “Blockchain-powered industrial IoT networks will allow us to connect industrial assets — everything from shipping containers to MRI machines to construction equipment...

Physical Bitcoin Exchange Office Opens in Moscow

August 17, 2016 by JP Buntinx at News

When it comes to dealing with Bitcoin exchanges, novice cryptocurrency users struggle with the concept of not dealing with physical entities. While very Bitcoin exchanges have an office in a physical location, one cannot just walk inside to buy or sell Bitcoin. That is coming to change, in Moscow of...

Purse To Pursue Open Source Infrastructure

August 16, 2016 by Nigel Dollentas at News

Purse, the popular service allowing users to get up to a 20 percent discount on Amazon orders just for using Bitcoin, recently sent out an email detailing new updates to the website. Ranging from front-end updates for better usability and faster information updates for customers to an entirely new back-end...

Decentralized Exchange Bitsquare Adds Mycelium Tokens & Fiat Pairs

August 14, 2016 by Joseph Young at News

Decentralized cryptocurrency exchange Bitsquare has added Mycelium tokens among many other altcoins and trading pairs in its v0.4.9.3 update, which featured significant improvement in trade limits and user-focused functionalities. Fifteen new altcoins and trading pairs were added as a core part of the update, including Steem Dollars, STEEM-USD, BTC-CNY, BTC-EUR,...

2nd Annual Crypto Cannabis Conference Aims to Steam up Bitcoin Adoption

August 13, 2016 by Nuno Menezes at Bitcoin, News

The annual Crypto Cannabis Conference (CCC) is scheduled for the 21-22 October 2016. This year, the conference will be hosting the 2nd annual meeting where there will be several panels with well-known personalities from the cryptocurrency and medical marijuana industries. The conference will be hosted in Denver. The Crypto Cannabis...

Carrying The Load: Will Blockfreight™ Revolutionize the World of Shipping?

August 13, 2016 by Michael Scott at Altcoins, Interviews, News

The year was 1956. That’s when the last revolution in global freight occurred with American businessman Malcom McLean’s ushering in of the modern container shipping. Fast forward 60 years later to April 26, 2016, when a new era of shipping was launched. Known as Blockfreight™[BFT:XCP], this Melbourne-based, Australian venture is...

Introducing Cross-Stratum Coin

August 12, 2016 by JP Buntinx at News

The number of cryptocurrencies in existence is quite significant already, and more are being added on a regular basis. Cross-Stratum Mutual Community, a UK-based company focusing on technology and finance, plans to issue their own digital currency soon. This project hopes to gain mainstream traction based on its “intrinsic motivation...

Move Over Pokemon Go… Introducing Takara

August 12, 2016 by Nigel Dollentas at News

With the rising popularity of Pokemon Go, an augmented reality app utilizing GPS and other sensors in your phone, people tend to forget that geocaching and other GPS-based apps have been around far longer than the inception of Pokemon Go. Takara, meaning treasure in Japanese, is one of those apps....

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