#technology News

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Tech Giant Microsoft Patents New Bitcoin (BTC) Mining System

April 6, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Tech giant Microsoft has patented a new crypto mining solution that uses human bodily activity data to reward people with digital currency when they perform certain tasks. The firm says the new system aims to reduce computational energy consumed during mining while also making the mining process faster, according to...

ConsenSys, Microsoft, EY Launch Privacy-Protecting Blockchain Protocol

March 5, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

ConsenSys, a firm focused on solving real-world problems with the Ethereum blockchain, has joined forces with Microsoft and Ernst & Young to roll out Baseline Protocol, an innovative solution that makes it easier for enterprises to use the public Ethereum distributed ledger technology (DLT) mainnet without having to bother about...

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Blockmason Link and CryptoChicks Partner to Boost Blockchain Software Development

July 24, 2019 by Edoardo Vecchio at Business

Blockmason and CryptoChicks have announced the signing of a Memorandum of Understanding (MOU) as well as a collaborative that intends to advance the blockchain-based software development industry. This according to a press release published on PR Newswire July 23, 2019. Together to Boost Blockchain Adoption Blockmason, the leading developer of...

Report: Universal Basic Income Is not Sustainable

May 8, 2019 by Ashwath Balakrishnan at Education, Finance, News

A study published by Public Services International has cast major doubt over the impact that a universal basic income (UBI) scheme will have on eradicating poverty and raising living standards, as reported by The Guardian on May 6, 2019. Proponents of UBI claim it well reduce poverty and the narrow...

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Samsung Mulling Developing Blockchain Network; Could Launch Samsung Coin

April 25, 2019 by Aisshwarya Tiwari at Adoption, Altcoins, Blockchain, Business, Commentary, News

Leading tech company Samsung is said to be developing an Ethereum-based blockchain network with plans to issue its digital token down the line, Coindesk Korea reports April 23, 2019. Samsung Coin Could Be a Reality Citing a person “familiar with Samsung’s internal situation,” Coindesk Korea reported that the tech giant’s...

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The First Exchange Built on Lightning Network Atomic Swaps Goes Live

April 9, 2019 by Tokoni Uti at Altcoins, Bitcoin, Blockchain, News

A brand new type of exchange has hit the market as Sparkswap, the first ever exchange built on Lightning Network Atomic swaps, announced on April 8, 2019, that their beta is live on the mainnet. Live and Launched It is indeed unfortunate, but exchange hacks have become much too commonplace...

Bitmain’s Antminer S17 Series to Be Released on April 9, 2019

April 1, 2019 by Tokoni Uti at Bitcoin, Development, Mining, News

Bitmain is moving forward from their failed IPO attempt and launching their new Antminer S17 Series on April 9, 2019, they announced via a blog post on March 29, 2019. Coming Soon The crypto mining industry is in a bit of a slump at the moment. Since the price of...

The Internet Comes of Age with Web 3.0

March 19, 2019 by Aisshwarya Tiwari at Adoption, Cryptocyclopedia, Development, News, Tech

The term “web 3.0” has been making rounds in the Internet community for quite a while. Many paint the picture of web 3.0 as the next phase of the Internet which will take the world by storm. Understanding this buzzword is a lot easier compared to other Internet phenomena like...

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Blockstream Debuts User-Friendly Liquid Bitcoin Sidechain Wallet

March 13, 2019 by Osato Avan-Nomayo at Bitcoin, Blockchain, News, Platform, Tech

Blockstream has announced the release of its Liquid Bitcoin (L-BTC) sidechain wallet for everyday users. The Bitcoin infrastructure developer says the sidechain wallet offers greater ease in L-BTC transactions instead of the more technical command line protocols. This according to an official blog post, March 11, 2019. Liquid Core: The...

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Australian Digital Transformation Agency Publishes a Blockchain Overview Guide

February 15, 2019 by Priyeshu Garg at Adoption, Blockchain, Business, News

The Digital Transformation Agency (DTA) of the Australian Government has released an overview of blockchain technology, February 12, 2019. It aims to serve as a guide for government representatives. This comes after a research program conducted by DTA to determine whether blockchain technology can be used effectively to support an...

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