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Blockchain Day Emirates • December 15, 2018

Blockchain Day Emirates – is an event that brings together the world’s leading visionaries, innovators, and thinkers to explore new…

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Tag: distributed ledger

How Blockchain Technology Can Transform the Existing Refugee Crisis

Category: Blockchain, Crime, Cryptocyclopedia, Regulation, Tech

How Blockchain Technology Can Transform the Existing Refugee Crisis

One form or another of a global refugee crisis is a humanitarian problem that has existed throughout history. More important to note is the fact that it will persist as long as war exists. With rampant global conflicts, especially in the Middle East and North Africa, it is therefore not surprising that over 68 million people in the world are…

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Google Join Forces with Digital Asset to Offer Blockchain Solutions on its Cloud Platform

Category: Blockchain, Business, News

Google Join Forces with Digital Asset to Offer Blockchain Solutions on its Cloud Platform

According to a jointly released statement on July 23, 2018, internet search engine giant, Google, is collaborating with Digital Asset, a highly reputed blockchain-based solutions creator, to make distributed ledger technology (DLT) development tools available on the Google Cloud Platform (GCP). This will enable coders to develop, test, and implement DLT solutions seamlessly on the GCP. The Blockchain on Google…

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Blockchain Technology Could Save the World from Another Global Economic Crisis Says Former JPMorgan Big Shot

Category: Blockchain, Finance, News

Blockchain Technology Could Save the World from Another Global Economic Crisis Says Former JPMorgan Big Shot

While many see nothing good in bitcoin and other cryptocurrencies, many others believe distributed ledger technology (DLT) will revolutionize the world. Pang Huadong, the former vice president of the North American investment banking division at JPMorgan, is one of those people. Huadong, on July 22, 2018, said that blockchain technology might save the world from plunging into another financial crisis,…

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Civic: Solving Global Identity Management Crisis with its Innovative Blockchain Project

Category: Blockchain, Crime, News, Platform

Civic: Solving Global Identity Management Crisis with its Innovative Blockchain Project

In the decentralized distributed ledger technology (DLT) world, fintech firms and individuals alike carry out financial transactions without third party involvements. Yet, it is becoming increasingly essential to have a highly efficient identity verification system to eradicate the menace of identity theft by bad actors. To that point, Civic blockchain startup is determined to put all identity verification issues to…

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DAG Technology and Blockchain

Category: Bitcoin, News, Tech

DAG Technology and Blockchain

As technology continues to advance, so will the blockchain. Just picture what computers and the Internet were like twenty years ago compared to what they are today. Blockchain technology is about to have the same exponential growth. Development teams all over the world are constantly trying to solve the current problems with blockchain technology by combining similarly complex technology (such…

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South Africa Tests Ethereum-based Interbank Payment System

Category: Blockchain, Ethereum, Finance, News

South Africa Tests Ethereum-based Interbank Payment System

The South African Reserve Bank (SARB) concluded remittances tests on an Ethereum-based interbank payment platform called “Project Khokha.” South Africa’s Cryptocurrency Push A total of eight South African banks took part in the cryptocurrency-based tests, utilizing blockchain technology developed by Ethereum incubator ConsenSys Labs. Apart from the central bank itself, Absa, Capitec, Discovery, Investec, FirstRand, Nedbank, and Standard Bank took…

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Researchers Propose a Solution for Selfish Mining Attacks

Category: Blockchain, Commentary, Mining, News

Researchers Propose a Solution for Selfish Mining Attacks

The concept of selfish mining has been explored within the Bitcoin community for several years. Discourse on the phenomenon began to pick up steam in 2013 following many published pieces of work focused on the possibility of an attack that took this vector. At the time, the most notable of these was a paper by two research scientists from Cornell…

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Australian Government Allocates AU$700,000 to Develop Blockchain-powered Welfare Payments

Category: Blockchain, News, Tech

Australian Government Allocates AU$700,000 to Develop Blockchain-powered Welfare Payments

The Digital Transformation Agency (DTA), an Australian government division that facilitates government information and services online, will explore new ways in which blockchain technology can deliver government services, given the AU$700,000 ($525,710) allocated in the 2018-19 budget. To start with, DTA will spearhead its study with an aim to bring into play blockchain technology for distribution welfare payments. The government…

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IBM Trials Blockchain Powered Trade Finance Platform with International Banks

Category: Blockchain, Business, Commentary, Finance, News, Tech

IBM Trials Blockchain Powered Trade Finance Platform with International Banks

IBM announced that its blockchain technology-based trade finance platform, Batavia, has successfully passed its first set of live transactions on the network on April 19, 2018. The purpose of the platform is to be able to “track and trace key events in the supply chain” as well as use IoT devices to log details about the “location and condition of…

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Will Blockchain Be the Dawn of Automobiles 2.0?

Category: Blockchain, Business, News, Tech

Will Blockchain Be the Dawn of Automobiles 2.0?

Only a decade since its first application, blockchain technology is already being hailed as a revolutionary development. Even though it was only originally known for powering bitcoin and other cryptocurrencies, its influence has already reached the financial, trade and media sectors in full force. Now, it turns out, blockchain could also usher in a new era for the automotive industry….

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