#technology

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...

Blockstream Launches Beta Version of its Lightning Network-Powered Satellite API

January 17, 2019 by Ogwu Osaemezu Emmanuel at Blockchain, Development, News, Tech

Blockstream, a distributed ledger technology (DLT) company headquartered in Canada, has announced the launch of its Lightning-powered Satellite API Beta Beta, which is aimed at making it possible for anyone across the world to broadcast data via its satellite network in real-time, according to a press release on January 16,...

Ford, IBM, LG Chem, and Huayou Cobalt Launch Blockchain-Powered Cobalt Supply Monitoring Project

January 16, 2019 by Alex Lielacher at Blockchain, Business, Finance, News, Tech

U.S. car manufacturer Ford, technology giant IBM, South Korean cathode maker LG Chem, and Chinese mining company Huayou Cobalt have joined forces in the first cobalt supply chain tracking and monitoring blockchain project in the Democratic Republic of Congo. Making Cobalt Mining “Cleaner” According to a report by Reuters, the...

New Prediction Market And Derivatives Trading Platform Veil Launches on Ethereum

January 16, 2019 by Alex Lielacher at Altcoins, Business, News

On Januar 16, co-founder and CEO at Veil, Paul Fletcher-Hill, announced in a blog post that the new peer-to-peer prediction market Veil has gone live on the Ethereum Mainnet. Prediction Markets and Leveraged Crypto Trading Veil describes itself as “a peer-to-peer trading platform for prediction markets and derivatives on Augur.”...

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