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 social service provider and has […]
DFINITY Bags $102 Million For Decentralized Internet To Beat AWS
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 ambitious goal of making an […]
In View To Add Simplicity In Crypto Wallets, MyCrypto Raised $4 Million
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 in the funding round include […]
Leading Chinese Insurance Company Applies For Blockchain Technology Through A New Alliance
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 and swift. In addition, the […]
Terra Is On Its Way To Build The Future With Blockchain; Receives Nearly $32 Million For The Same
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 the blockchain as well as […]
Red Alert On The Illegitimate Cryptocurrency Fundraising As Issued By China’s Central Bank
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 the retail investors as well […]
Incubator Program Launched By Binance; Aims At Developing The Blockchain Startups
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 actually storming beyond an enormous […]
Iran Is At Its Final Stage For Launching National Cryptocurrency Draft Project
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 to cyberspace, Mahdiyoun Saeed, reportedly […]
In A Recent Deal Inked By Swedish Bank, It Promises To Provide Crypto-Fund Trading
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 Wednesday announced that one of […]
To Safeguard Digital Evidence, The UK Government Is Functioning On Distributed Ledger Technology
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 in securing digital evidence. Author […]