Tag: blockchain news

ICICI Bank, India’s second-largest private financial institution, is making significant progress in its blockchain-related efforts that first came to light in 2016. According to a press release issued by the bank April 17, 2018, over 250 of its corporate customers have since “signed up on the Bank’s blockchain application.” ICICI Bank Continues with Blockchain Drive After setting up a new…

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Retail giant Walmart submitted two U.S. Patent Applications on April 19, 2018, claiming the invention of computer systems utilizing blockchain technology for automatic integration of courier services into the online shopping experience. Walmart Wades Further into ‘Blockchain’ The Walmart blockchain tech team consists of five programmers from the U.S. and one from the U.K. In their patent applications for a…

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Unchained Capital published a scientific study on Bitcoin HODL strategies and the ways HODLing affects the market. The study was posted on Medium on April 18, 2018, by Dhruv Bansal, co-founder, and CEO of the cryptocurrency lending startup. Unlike traditional fiat-currencies and shares, public blockchain-based cryptocurrencies like bitcoin, log every transaction to date including the volume of the transaction and…

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A new post by Ethereum cofounder Vitalik Buterin on ethresear.ch has unveiled his plans for a ‘minimal sharding protocol’ project. Published on April 8, 2018, Buterin said that it is aimed at developers who wish to begin working on sharding but are uncertain about the final version of the protocol. Sharding as a Scaling Solution The number of transactions on…

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Mainstream European venture capitalists (VC) are making inroads into the digital currency scene. Some of the largest venture capital firms on the continent are making big moves in the crypto market, buying up new cryptocurreny and investing in ICOs. Many of these firms are also asking their investors to allow them more room to maneuver with the funds at their…

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Brave software, a privacy-focused web browser, and the Dow Jones Media Group have struck a partnership that will offer premium content to new audiences as well as launch a pilot blockchain-based digital publishing service. The collaboration was announced via a post on the BAT website on April 18, 2018. Users who download the Brave browser on a first-come, first-serve basis…

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Despite warnings from the government, Brazilians have latched onto the crypto bandwagon. With over 1.4 million bitcoiners and crypto investors, the vast South American nation undoubtedly has a vibrant virtual currency ecosystem. Now, bitcoin exchanges and cryptocurrency related businesses are creating rival associations instead of uniting themselves under one umbrella in the ‘spirit of the blockchain.’ A Divided House According…

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On April 5-6, 2018, The Station in Berlin, Germany opened its doors to 2,500 participants for “Germany’s largest blockchain and crypto conference.” With a range of enlightening panels, international speakers, burgeoning projects, it’s no wonder that many believe Europe can finally compete with the fintech space in the US. Crypto at Lightning Speed Over the course of the two days,…

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Coinbase, the largest cryptocurrency exchange in the United States, has acquired Earn.com, a blockchain-based social network portal, in a deal reportedly worth $120 million.  To date, this is Coinbase’s fifth acquisition and its biggest. Financial details were not disclosed, but TechCrunch valued the acquisition at about $120 million. As part of the deal, Coinbase hired Earn.com CEO Balaji Srinivasan as…

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Austin is piloting a new blockchain platform to solve identity issues concerning its homeless population. The city was one of the 35 cities to be selected as part of the Mayor’s Challenge Program, sponsored by Bloomberg Philanthropies. The top city from the 35 cities will be awarded $5 million. Identification is one of the main problems preventing the homeless from…

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