Chinese blockchain research team at Fudan University has developed a blockchain-based system that will assist in optimizing the power grid of China. The technique that Chinese blockchain research team has developed takes advantage of the ability of blockchain to allow automatic micro-payments. A patent has been filed by the researchers…
Coinjar, a financial services and cryptography company based in Australia and the United Kingdom, claiming more than $1.2 Billion in virtual currency transactions, announced the launch of first cryptocurrency index fund in Australia. The Coinjar Digital Currency Fund is an index fund for wholesale investors. To be eligible, investors must…
According to the documents published by the US Patent and Trademark Office (USPTO) on August 2, Japanese electronics giant Sony has applied for two patents to stimulate blockchain-based ecosystems. With these patents, Sony intends to advance the design and organize the blockchain hardware by bringing in new circuits in the…
Coinbase, the leading cryptocurrency trade exchange, earlier this week, declared that it is now functional on the final parts for testing support for ETC (Ethereum Classic). Coinbase, in June, disclosed that it had intentions to include Ethereum Classic to its registered assets with reports to follow and at present, in…
Details of 760,000 diamonds are been placed on blockchain as stated by a subsidiary of the foremost web-only insurer of China, ZhongAn Insurance. ZhongAn Technology—that is publicly registered in Hong Kong—declared the rollout of its gem-tracking blockchain app, stating that the development was made to attain a higher level of…
Macrogen, a South Korean public biotechnology enterprise, recently released a press note. This press release stated that the firm is in the process to develop a genomic big data blockchain-based platform. For this purpose, the company will be partnering with Bigster, a local technology firm. Macrogen is the leading gene…
The media this week reported a milestone of the 3,500 threshold being reached for BATMs (bitcoin ATMs) installed all over the world. One of the objectives behind BATMs is simplicity of onboarding to the realm of crypto. Currently, almost 9 BATMs are being installed each day. General Bytes and Genesis…
CNN recently reported that West Virginia will permit the U.S. troops, which are working overseas, to cast the votes by using a blockchain technology-based smartphone app. The report added the federal election will be held in West Virginia in November 2018. Voatz, a mobile voting platform, utilizes facial identification software…
According to a study published on August 5, the Wall Street Journal Manipulation of cryptocurrency is carried out mainly by trading groups that are organized using services such as Telegram. After the WSJ discovered the results of the research performed on cryptocurrency markets, the WSJ mentioned that synchronized pump and…
A Swiss investment bank and financial services firm, Union Bank of Switzerland said that the volatility and scale of Bitcoin are still too high to use the digital currency as money, CNBC reported. In a note to customers, according to UBS analyst, Yoni Tevez, until legal support gets efficient enough…