#blockchain technology News

South Korean Credit Card Company Launch First Transaction Service Using Blockchain

July 16, 2019 by Edoardo Vecchio at Blockchain

According to a post released by The Korea Times on July 15, 2019, Shinhan Card Co. Ltd., global top-five credit card company in South Korea, obtained a patent for a blockchain-based payment system. It will be the first company in the world to have established a credit transaction service using...

South Korea’s Got Blockchain in its Seoul

Consortium of Korea’s Major Tech Companies and Banks to Launch Mobile Digital Identity

July 15, 2019 by Ashwath Balakrishnan at Blockchain

A group of tech companies, telecoms, and major South Korean banks, led by Samsung, are launching a blockchain-powered digital identity platform to resolve a few critical vulnerabilities found in current online certificates used for sharing personal data, as per a press release. Digital identity continues to be one of the...

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BlocKit: A Kit to Bring Blockchain into the Physical World

July 13, 2019 by Edoardo Vecchio at Blockchain

According to a news released on July 10, 2019, scientists from Lancaster University teamed up with Malaysian scholars to develop a physical representation of the blockchain to help people comprehend how the technology works and discover new potential applications. Blockchain Made Easy A team of computer scientists from Lancaster University, the...

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Hong Kong Based Blockchain Firm Set to Go Public in the USA

July 11, 2019 by Ashwath Balakrishnan at Business

A blockchain services firm, Diginex, is set to undergo a reverse merger from 8i Enterprises and go public in the USA. The firm will be listed on NASDAQ following the demerger anonymous insiders told to Bloomberg on July 10, 2019. First Blockchain IPO in the U.S. Diginex Ltd. is set to...

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Visa and Blockchain Capital Lead $40 Million Round in Anchorage

July 11, 2019 by Ashwath Balakrishnan at Blockchain

Payment processor Visa along with specialist VC firm Blockchain Capital helped Anchorage, an institutional custodial service, raise nearly $40 million in capital at an undisclosed valuation. Visa recently launched a cross border remittance network with a pseudo-distributed ledger. This move shows their optimism that more institutions will look to gain...

Block Size Debate Rehashed: Incentives to Run a Full Node Versus a Low Fee Market

July 10, 2019 by Ashwath Balakrishnan at Bitcoin

Recently, Bitcoin users discovered that many 2 MB blocks were showing up as a result of SegWit adoption and a resulting increase in block capacity. Throughput on the Bitcoin network went from three transactions per second to seven transactions per second for these select blocks. As the block size debate...

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TiENPAY to Launch Proprietary Public Blockchain Software on July 10, 2019

July 9, 2019 by Guest Post at Press Releases

HONG KONG - TiENCHAT 2.0 App is the latest in blockchain networking and development platforms. CEO, William Tien has announced, in their latest update, that their proprietary public blockchain has been in testing stages and will officially launch July 10, 2019. This TiEN blockchain will be the underlying power source...

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Blockchain Startup Solve.Care Announces Partnership with Ridesharing Business Uber

July 9, 2019 by Jefferson Nunn at Business

Getting to the doctor from home or work may soon be much easier thanks to a new partnership announced in a press release shared with BTCManager on July 9, 2019, between Uber Health and Solve.care. Catering to the Immobile There are many problems today with access to affordable care, of...

Japanese Multinational Fujitsu Unveil Blockchain-Based Digital Identity Solution

July 5, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

Fujitsu, a Japanese multinational information technology company, has announced the launch of its blockchain-based service that facilitates secure and frictionless identity verification, according to a ZDNet report on July 5, 2019. Fujitsu Real-Time Identity Verification Per sources close to the matter, Fujitsu Laboratories Ltd. has announced the launch of its...

Ethereum Tops Developer Activity; Critics Overlooking Important Factors

July 5, 2019 by Ashwath Balakrishnan at Ethereum

Of the top 50 decentralized applications by development activity, five are on Steem, one is on POA Network, and 44 are on Ethereum according to data from State of the Dapps. As reported by The Next Web, TRON is engaging with more users through their dApp-based games, but developers still see...

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