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NEXT BLOCK Conference “From Chaos To Clarity: 2019 Trends” • December 12, 2018

Bringing together over 350 participants and 20+ distinguished speakers, the Conference will hear from top blockchain experts looking into 2019…

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Tag: transactions

Stop Using “Transactions Per Second:” Bitcoin’s More Than That

Category: Bitcoin, Blockchain, Business, Finance, News, Platform, Tech

Stop Using “Transactions Per Second:” Bitcoin’s More Than That

While bitcoin serves many functions, one its most substantial uses is as a payment system. Typically the metric that has been used to compare Bitcoin to companies like VISA, Paypal, or even newer blockchains that tout higher transaction capacity, is through how many transactions the system can handle, usually seen as transaction per second (tps). An article published on November…

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CLS Foreign Exchange Settlement Platform Partners IBM for Blockchain-Based Netting Service

Category: Altcoins, Blockchain, Business, News, Platform, Tech

CLS Foreign Exchange Settlement Platform Partners IBM for Blockchain-Based Netting Service

Continuous Linked Settlement (CLS ), a New York-based financial institution that facilitates settlements for foreign exchange (FX ) firms is set to utilize IBM blockchain platform for handling its netting services, reported Computer Business Review on November 14, 2016. CLS Joins Blockchain Technology Bandwagon CLS, the world’s leading foreign exchange (FX) settlement services provider, has reportedly revealed it will launch its…

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Ripple Wants to Take over Swift as Iran Gets Disconnected from The Service

Category: Altcoins, Blockchain, Business, News, Platform, Tech

Ripple Wants to Take over Swift as Iran Gets Disconnected from The Service

After the U.S. government forced Swift to cut ties with more than 70 banks in Iran, Brad Garlinghouse, the CEO of Ripple Labs Inc., said that his company was gaining new customers because financial firms are seeking technology that is better, faster, and more stable than the Swift banking network, Bloomberg reported on November 13, 2018. Ripple CEO Addresses Rumors…

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Tron Exceeds One Million Transactions a Day; Surpasses Bitcoin, Ethereum, and Ripple

Category: Altcoins, Blockchain, Finance, News, Platform, Tech

Tron Exceeds One Million Transactions a Day; Surpasses Bitcoin, Ethereum, and Ripple

Justin Sun, founder and CEO of Tron, has announced another significant milestone for the blockchain platform. On November 4, 2018, the network surpassed 1 million daily transactions for the first time in the project’s history. Sun tweeted to his followers, “#TRON surpassed 1 MILLION daily transactions! What’s next?” Tron follower Misha Lederman was among the first to point out increased…

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Vitalik Buterin Predicts Scaling Upgrade to Improve Ethereum Network Speed by 1,000 Times

Category: Altcoins, Blockchain, Development, Ethereum, News

Vitalik Buterin Predicts Scaling Upgrade to Improve Ethereum Network Speed by 1,000 Times

Ethereum co-founder Vitalik Buterin announced that the blockchain platform’s next upgrade would improve its transaction capacity by a factor of one thousand. Speaking at the Devcon4 keynote in Prague, Czech Republic, Buterin reminded the audience that this long-awaited “Ethereum 2.0” update would henceforth be called “Serenity” instead. The update is set to signify Ethereum’s fourth major development milestone after Frontier,…

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Dubai Launches the First Government-Backed Blockchain Platform in the Middle East

Category: Bitcoin, Blockchain, News, Platform, Tech

Dubai Launches the First Government-Backed Blockchain Platform in the Middle East

Dubai partnered with IBM to launch a Government-backed blockchain platform in the Middle East as part of the Government’s Smart Dubai Initiative. According to an Arab News article published on October 31, 2018, the blockchain platform is related to Dubai’s blockchain strategy, where the country is preparing to have the world’s first fully digitized Government by 2021. Dubai: A Pioneer…

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Chinese Consortium FISCO BCOS Looks to Challenge Hyperledger Fabric and R3 Corda

Category: Adoption, Blockchain, Business, Finance, News, Platform

Chinese Consortium FISCO BCOS Looks to Challenge Hyperledger Fabric and R3 Corda

A number of Chinese companies from the financial industry recently formed an Association known as the Financial Blockchain Shenzhen Consortium (FISCO). According to a press release published on October 18, 2018, FISCO is intent on building an open-source blockchain platform called the FISCO BCOS which unlike consortiums like Hyperledger Fabric, or R3 Corda, will operate without a token and be open…

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Maker Becomes Most Valuable Token as Nearly 1% of all ETH Is Locked in Dai

Category: Altcoins, Development, Ethereum, Finance, News

Maker Becomes Most Valuable Token as Nearly 1% of all ETH Is Locked in Dai

With a market cap of above half a billion dollars, Maker is now the most valuable Ethereum token after overtaking OmiseGo. Most of Maker’s success is attributed to its Dai stablecoin, which now has almost one percent of all ETH locked in as of October 8, 2018. Maker Sees a 20 Percent Increase in Less Than a Month Rising another…

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Ripple’s Cryptocurrency Product xRapid Goes Live

Category: News

Ripple’s Cryptocurrency Product xRapid Goes Live

Ripple’s cryptocurrency product for cross-border payments, xRapid, is now commercially available, the company announced on October 1, 2018.  xRapid Now Commercially Available In a release published on the company’s official website, Ripple announced that xRapid, its real-time settlement platform, is now commercially available. The San Francisco-based company’s network, RippleNet, has seen a massive customer growth in 2018 and is currently…

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Lightning Tasks Allows you to Earn Bitcoin for Completing Micro Tasks

Category: Adoption, Bitcoin, Blockchain, Cryptocyclopedia, Development

Lightning Tasks Allows you to Earn Bitcoin for Completing Micro Tasks

Developers have created a new proof of concept website based on Bitcoin’s Lightning Network to showcase how small-scale payments can be completed near instantly. Showcased at the premier bitcoin conference, Baltic Honeybadger 2018 in Latvia, Lightning Tasks allows anyone to earn a few satoshis by completing simple tasks. The official video demo involves the user transcripting text from a picture….

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