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The versatile nature and capabilities of the blockchain make it the most important invention since the internet itself. The numerous features of the blockchain like non-repudiation, immutability, transparency, the integrity of data, authentication of sender and receiver, tamper-proof nature, added security, among others, make it a favorite technology among innovators and...
BLOCKCHAIN PHONES ARE coming, that much is certain. The Sirin Labs Finney and the HTC Exodus are both expected by the end of the year, each with its own, sometimes vaguely defined sense of what exactly that term means. HTC’s Phil Chen, who spearheaded Exodus development, has at least started...
The American pharmaceutical company Verseon began work on Blockchain technology, according to a press release issued on September 18. It is worth noting that the company is one of the last medical organizations working with technology. According to the data, Verseon is working on the creation of its own Blockchain-platform for drug...
A man walks out of a bitcoin retail shop in Hong Kong. Chinese authorities have stepped up their pressure on domestic cryptocurrency activity in the last few weeks. While Beijing supports the development of the underlying blockchain technology, it is still trying to limit speculation in digital currencies roughly one year since...
In tech, innovation is everything. In innovation, intellectual property is, well, almost everything — it can be the hardware, the software, the processes that comes from the creative endeavor. You might consider patents a form of competitive advantage. News came last week that, when it comes to patents tied to the blockchain...
September 18, the South China Morning Post reported that a local businessman, the manager of Blockchain-Fund for $ 1.5 billion, intends to launch about 3 stable cryptocurrencies. The founder of Grandshores Blockchain, working with Bitcoin investor Li Xiaolai and the Hangzhou government, said that the first draft of a stable coin over...
Chief Accountant of the Securities and Exchange Commission (SEC) Wesley Bricker noted that the existence of such a phenomenon as cryptocurrency and Blockchain technology does not change the fact that companies bear the fundamental responsibility for providing unreliable financial statements. Bricker’s statement was made during the speech at the National Conference...
An analysis done by Chainalysis, a blockchain analysis firm, has indicated that Bitcoin, despite not being private, has been used in 95 percent of all crimes involving cryptocurrency. However, the revelation is not as shocking owing to the fact that Bitcoin is the most popular and it’s worth thousands...
One of the hottest topics in cryptocurrencies is the prospect of major economies launching state-backed digital coins. China’s central bank recently accelerated plans for what is currently known as the Digital Currency Electronic Payment (DCEP). It could launch within the next 18 months, while the European Central Bank is...
Sequoia, Baidu, Nasdaq, and Fidelity are among the absolute biggest VCs, innovation combinations, and money related foundations to make huge wagers on crypto in the previous week. Regardless of the bear showcase which has driven real cryptographic forms of money to lose around 80 to 90 percent in incentive by...