Blockchain

“World’s Largest Bank Seeks Patent On Smart Asset Sharing Through Blockchain” is locked World’s Largest Bank Seeks Patent On Smart Asset Sharing Through Blockchain
Cryptocurrency has emerged as the latest innovation in the financial industry with many traditional financial organizations embracing the technology. The crypto boom which occurred last year December saw an increased awareness on the power of digi coin in the current economic sphere. This has led to several companies investing in blockchain technology as many push for the adoption of several...
Binance And Ethereum Eth Founders Differ On Roles Of Decentralized Exchanges
Binance –Ethereum (ETH) –The brewing issue of decentralized cryptocurrency exchanges versus centralized cryptocurrency exchanges took a new dimension as two of the heavy hitters in the crypto world took swipe at each other on social media. Vitalik Buterin CEO of Ethereum and Changpeng Zhao founder of the largest crypto trading exchange Binance, exchanged some heated words on Twitter. The root of...
Microsoft Launches Ethereum (ETH) Proof-Of-Authority (POA) For Enterprise
Heeding to the feedback from the community, tech giant Microsoft has included a new Ethereum (ETH) ledger product known as Ethereum Proof-of-Authority. According to a blog post by the company on Aug. 7, the latest product was introduced by Microsoft’s cloud platform Azure. While solidity language has been a significant challenge for enterprise developers on Ethereum network, the new product eases...
Vechain Drug And Traceability Solution
VeChain (VEN) Foundation has continued their renewed efforts to spread blockchain technology via humanitarian works with many projects. Of recent is the company’s plan to research on Vaccine and Drug traceability solution. VeChain has been testing out a Blockchain technology solution capable of resolving drug and vaccine records problems. This research is taking place in China and would be developed...
Dubai To Launch Court Of Blockchain, Plans To Run Government Transactions On Blockchain By 2020
The Dubai International Financial Center (DIFC) Courts focused on settling disputes related to civil and commercial issues in the financial industry has today announced that it would be launching an innovation called “Court of the Blockchain” in collaboration with government established Smart Dubai also known as Smart Dubai Gov or SDG. DIFC stated that the joint effort centred on creating...
Stellar
The New York-based American multinational tech firm, International Business Machines Corporation (IBM), a collaborator with Stellar Lumen (XLM), is partnering with Foreign exchange settlement house CLS, and nine strong banks to bring a new dimension into the blockchain application marketplace. The banks and the two big firms are using LedgerConnect for the innovation. The idea will make it easy for...
China’s Move Towards Getting Global Stardom; All Thanks To The Blockchain Technology
Only recently, the President of China, Xi Jinping, publicly acknowledged the potentials inherent in the blockchain and by so doing, endorsed this fast sweeping revolutionary technology for the first time. He was at the annual academic conference hosted by the Chinese Academy on the 28th of May 2018 when he proposed in his speech that China cash in on the...
“World’s Largest Bank Seeks Patent On Smart Asset Sharing Through Blockchain” is locked World’s Largest Bank Seeks Patent On Smart Asset Sharing Through Blockchain
Big firms are going sophisticated through total reliance on blockchain technology, the same could be said of the Industrial and Commercial Bank of China (ICBC), one of the world’s most reputable and largest bank by revenue and asset. ICBC, which is also among China's “Big Four” state-managed banks, has submitted an application to patent a blockchain protocol for a smart...
Nexus, a platform for blockchain and other trading communications, brings forward a partnership with Foleum in an attempt to consume less energy in cryptocurrency mining.
Nexus, a platform for blockchain and other trading communications, brings forward a partnership with Foleum in an attempt to consume less energy in cryptocurrency mining. The two partnering groups aim to re-establish a greener environment, splitting away unnecessary consumption by the online groups managing through the internet.  While not so much explicit as a case for the situation, there still...