# blockchain technology News
May 24, 2019 by Ogwu Osaemezu Emmanuel at
Regulation
A bill looking to study the integration of blockchain technology into the recordkeeping and service delivery processes of the state, county, and municipal governments of New Jersey has been approved unanimously. The legislation has now been passed to the Governor’s desk, according to a press release on May 23, 2019....
RIF Labs officially launched their Bitcoin scaling solution at Consensus 2019. The RIF Lumino Network is comparable to the Lightning Network in its scalability potential, but as it’s built on top of the RSK protocol, there are many differences. RIF Labs CEO Diego Gutierrez Zaldivar walked through these differences as...
Hellenic Shipping News reported May 20, 2019 that Saudi Customs successfully departed the first shipment that is powered by blockchain technology. It is headed to Rotterdam, Netherlands. Other Ports of Saudi Arabia May Soon See a Blockchain System For the very first time in 2018, a container was processed over...
May 20, 2019 by Ashwath Balakrishnan at
Adoption, Bitcoin, Blockchain, Cryptocyclopedia, Development
In laymen's terms, the Lightning Network (LN) is a protocol built on top of the Bitcoin, Litecoin, and Monero blockchains; these protocols are called "layer two protocols" because they run on top of an existing network. By moving away from the main chain, layer two protocols help the overall network...
During an episode of the Keiser Report, a discussion hosted by Max Keiser, streamed on May 17, 2019, the Chief Strategy Officer of Blockstream, Samson Mow, declared that their satellite in the geosynchronous orbit broadcasting the Bitcoin blockchain could prevent network splits. Keeping the World in Sync The Blockstream Satellite...