Year: 2018

Mining Operation For Bitcoin In New York State To Be Electrified By Hydroelectric Dam

New York State-based Bitcoin mining operations are expected to get fueled by a hydroelectric power station in the Q4 of 2018. A Bitcoin mining company based in California has completed its work on a transforming hydroelectric power station to maintain the new mining farm, reported in a press release on Thursday. DPW Holdings is now […]

Identity Startup, Distributed Systems Acquired By Coinbase

Coinbase has acquired Distributed Systems, a start-up specializing in digital identity-based in San Francisco, this announcement was made on Wednesday by the company. Distributed Systems has already worked on Decentralized Identity Solutions, according to B Byrne, Project Manager stated in a blog post. The startup’s five-person team joins a Coinbase unit that emphasizes on increasing […]

Open Blockchain Platform Introduced By China’s JD.Com

JD.com, China’s largest retail and e-commerce player, has introduced an open blockchain platform that allows customers to function with their own blockchain-based solution to advance their efficiency, safety, and transparency. JD Blockchain Open Platform expands the retail business as a service and offers customers the opportunity to create smart contracts for both public and private […]

Hong Kong University Gets $20 Million Research Grant For Payment Systems Using Blockchain

A $20 million research grant was awarded to Hong Kong University of Science and Technology (HKUST) Business School to enhance the security abilities of electronic transaction systems, claimed China News this week The HKUST Business School has reportedly joined hands with the CUHK (Chinese University of Hong Kong), the HKU (University of Hong Kong), and […]

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