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 for their new system that […]
Square Trades OTC Is New Crypto Fund Launched By Coinjar
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 have net assets of at […]
Technology Giant Sony, Offers Solutions To Strengthen Hardware Based On Blockchain In Two Patents
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 distributed ledger technology processes. The […]
Now Coinbase Is In The Final Testing Stage For The Introduction Of Ethereum Classic
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 its most recent update, it […]
New Blockchain Application States Its Already Trailing 760,000 Diamonds
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 traceability within the luxury industry. […]
South Korean Macrogen To Utilize Blockchain For Genomic Big Data Ecosystem
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 sequencing service provider company in […]
Thousands Of Bitcoin ATMs Now Present All Over The World
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 Coin make up over 50% […]
West Virginia Offering Overseas Residents With A Blockchain Voting Option
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 and ensures that each voter […]
To Reach, $825 Million Target, Organized Crypto Trading Groups Manipulated Markets
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 dump schemes have witnessed how […]
UBS Strategists Say, Key Factor Plummeting The Global Bitcoin Breakout Is Lacking Stability
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 and technical obstacles are surpassed, […]