A recent blog post from the United Nations Framework Convention on Climate Change (UNFCCC) details the potential of Blockchain technology in helping to control climate change.  The power of a distributed network has already been understood by the private sector, but these applications are opening new doors for transparency...
In another sign of the times, Visa, the international credit card and banking institution, is actively seeking Blockchain experts to add to their tech engineering teams. This should come as no surprise, especially considering the explosion of interest in Blockchain technology among banking firms over the past year.  A...
After a major market correction which sent bitcoin price from its all-time high of $2,973 to $2,261, bitcoin price has stabilized at the $2,700 region. Since the June 14 fall to $2,261, bitcoin price has since recovered and stabilized at $2,730. Since June 18, for nearly a week, bitcoin...
In a move that is no surprise to industry experts, China has begun testing its own digital currency for interbank transfers. Recent speeches by national bank insiders along with some publications have indicated the direction the Chinese would like to take.  Presently, it seems that the goal would be...
5. It has more to do with the technology of cryptocurrency itself - confirmation times and transaction fees, in particular. It’s true that the technology of...
Blockchain, the technology that powers cryptocurrencies such as Bitcoin, is gradually gaining mainstream attention as more prominent US universities are adding it to their course lists. For those who are not familiar with cryptocurrency yet, it is essentially a digital asset designed to work as a bridge to secure...
An action group pressuring payment entities to block funds destined for white supremacists has successfully lobbied PayPal and is going after Visa and MasterCard. SumOfUs, which describes itself as a “corporate watchdog organization,” this week launched a petition campaign to bring attention to the practice. “This week, over 70,000 members...
TrueFlip, the first decentralized lottery platform of its kind, announces its upcoming token sale. Following a successful pre-ICO conducted in stealth mode, the developers aim to secure more funding for further improvement of the product and a bigger jackpot. “Just throw Blockchain at it” The distributed ledger technology - a.k.a....
A Los Angeles-based artist has created a program generating physical representations of Bitcoin blocks as banknotes. In perhaps the most intriguing attempt to produce a “physical Bitcoin,” Matthias Dörfelt used hashes for 64 random blocks and turned them into physical representations of themselves. “From a technology standpoint, the blockchain, which...
Since the advent of Bitcoin in January 2009, we have seen the introduction of a wide plethora of Blockchains for various uses and across all kinds of financial markets. Today, the hundreds of existent public Blockchains amount to a total market cap of over $100 bln, without counting...