The use of the blockchain technology is increasing with the rise in the popularity of the same along with other cryptocurrencies. In many areas, this technology is replacing the traditional mode and a recent addition to this list is the State Pension Fund in Russia. This is the biggest public…
Since blockchain technology has appeared, there is a persistent problem in the development related to the scalability of millions of users. Bitcoin was never been really designed for such issue and now other platforms such as Ethereum are struggling. DFINITY, based in Switzerland and Palo Alto has been following an…
MyCrypto, an open source interface that simplifies the process of storing, transferring, and receiving digital assets, today announced that it had bagged $4 Million from Polychain Capital. MyCrypto offers a set of tools that help users create new wallets and sell, buy or trade virtual currencies. Other investors who participated…
According to a press release on September 1, a major insurance company, PICC People’s Insurance Company of China, will deploy blockchain technology to its operations. PICC has partnered with a blockchain-based, VeChain platform and a global quality assurance and risk management firm, DNV GL, to make their activity more profitable…
Terra wants to create Project Terra, which is said to be the next generation of the digital money which is getting widely popular, and has actually raised as many as $32 million so as to fuel this vision of the company to make the project that is basically based on…
China’s Central Bank has already provided some important insights regarding some of the blockchain schemes that are fraudulent in some way or the other, and have been advising the people through certain procedures in order to stop them from falling prey to such schemes. The bank has now started asking…
Some of the largest companies as far as the cryptocurrency world is concerned are enduring to make the ecosystem with the help of some huge investments exclusively on their own. For instance, Binance, which is the largest exchange in the entire world, is doing just the same. The company is…
Iran’s initiative to launch a national digital currency has reached to the final stage of development. The project related draft was requested by President Hassan Rohani, the local Financial Tribune news center reported on Saturday, according to a government statement. Deputy Director responsible for regulation drafting for High Council dedicated…
A blockchain startup named Stockholm IT Ventures AB, also known as SITV, which is based in Sweden, has recently signed an agreement related to a software license with one of the local banks in Sweden in an attempt to provide a service related to the Crypto-Fund Trading. The company on…
The UK government is investigating ways to use Distributed Ledger Technology (DLT) to protect digital evidence and identity information, according to a blog post published on August 23. HMCTS (Her Majesty’s Courts and Tribunals Service) and Cabinet Office’s Open Innovation team agreed on a meeting on the use of DLT…