Tag: smart contracts

Recently, the world has witnessed the emergence of two financial groups; fiat and virtual currencies; with people divided over the benefits of one over the other. However, the divide is poised to narrow down with the introduction of a crypto-to-fiat loan option. A blockchain-based lending company built to “provide cryptocurrency lending with the use of digital assets as collateral for…

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Genesis Vision launched the alpha version of its GV platform where users are already able to make transactions with crypto and traditional currencies, CFDs, metals, and commodities, join the brokers’ community, and choose the role of manager, investor or broker of Genesis Vision system. The required cooperation agreements with brokers are already signed. Moreover, the Genesis Vision managers will be…

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You can read Part 2 of the History of Bitcoin series here. In the initial days of the crypto-anarchy and cypherpunk movement, where bitcoin was eventually born, researchers were determined to create a community that would be free of the control from centralized authorities. It was in this community, where the idea for a currency that would be impossible to…

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Buying and selling art has been considered a social symbol, highlighting one’s status and splendor. Even though it is considered to be a novelty by most, the total sales for the art industry stood at a whopping $45 billion in 2016, up by 1.5 percent, according to data provided by the TEFAF Art Market Report. Now, some believe that blockchain…

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Coinbase, one of the world’s most popular cryptocurrency exchanges, has had a nasty bug lurking in its system that would allow users to collect unlimited ether through a few simple steps. Thanks to a bug report, however, the company avoided disaster. A Dutch FinTech company, VI Company, publicly disclosed a Coinbase bug on March 20. According to the vulnerability report,…

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Does the name CryptoKitties ring a bell? It is a blockchain-based virtual game that enables players to buy, collect, breed, and sell different types of virtual cats built on ERC-721 tokens; the venture raised $12 million to go solo on March 12. When Canada-based Axiom Zen launched CryptoKitties in November 2017, it was by and large seen as a rather…

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Today’s anti-virus and cyber detection market is hold by big companies who don’t have any interest in cooperating. Instead, what we have is a wide variety of options, but each of these options are not interoperable and has its pros and cons. PolySwarm is a new blockchain-based project that promises to deliver a decentralized market for cyber-security experts while binding…

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It’s a known fact that Blockchain technology, which is the building blocks of bitcoin and other cryptocurrencies, is the most secure, decentralized and transparent form of data storage. However, it’s also a fact that the Ethereum smart contract blockchain has a 0.36 percent fail rate. As insignificant as this smart contract fail rate may seem, it is possible of making…

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The world is continually looking for better and smarter ways of problem-solving. Algorithmia is doing their bit to improve the world of Artificial Intelligence (AI) and Smart Contracts. The firm is organizing an AI competition that could revolutionize the machine learning (ML) model development using the Ethereum blockchain. AI and Smart Contracts to the Next Level Algorithmia announced its groundbreaking…

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Crypto has a problem with security. What’s new, it always has, I hear you say. Yes, it’s a longstanding issue and you would be forgiven for thinking that the brilliant minds that brought blockchain technology to the world would by now have given us systems to keep the coins and tokens on exchanges and in our wallets safe. Even the…

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