Roger Ver, a prominent cryptocurrency investor who has backed some of the largest companies in the global crypto sector such as Blockchain, Zcash, BitPay, and Kraken, recently sent the governor of Jeju Island of South Korea $100 worth of bitcoin cash at a public event.
The government of Telangana, a state in south India is helping build a blockchain district with Mahindra, a multinational car manufacturing corporation. This blockchain district within the capital of Telangana will be dedicated to blockchain startup companies, and is the first district to be built around the blockchain industry within India.
Ethereum (ETH) is the leader in smart contracts and DApps (Decentralized Applications). Today, it is home to more than 90% of the world’s DApps and smart contracts. A figure that will surely continue to grow.
DApps are decentralized applications where no entity has the power to control that application because it is deployed in a distributed general ledger, i.e. in Ethereum’s blockchain.
Many DApps will be successful and have widespread use cases, so the idea of introducing you to some of the DApps that are succeeding today seems like a good idea. If you want to learn more about Dapps, here’s a detailed guide to: What are decentralized applications (DApps)?
The Commonwealth Bank of Australia (CBA) has announced the successful completion of a global trade experiment involving a shipment of 17 metric tonnes of almonds from Australia to Germany using blockchain tech.
Four months after a security patch for MikroTik routers was released, some of the users of the devices who ignored fixing the vulnerability have now been turned into unwitting miners of Monero.
Known as CVE-2018-14847 the security flaw in MikroTik routers is being exploited with a view of installing the Coinhive cryptocurrency mining script in websites that users of the devices visit. According to cybersecurity researchers at SpiderLabs, tens of thousands of unpatched routers in Brazil were initially affected though the number is rapidly rising and spreading across the globe.
In one of our July articles we talked about how beneficial university blockchain centers are for continuing the growth of blockchain development and education. How creating a center for blockchain learning at an established educational facility gets young adults into the industry with fresh ideas and innovation. Well it is not just happening the United States, Turkey has not established their country’s first university blockchain center.
There are many organizations right now racing to acquire as many blockchain patents as they can. To list some organizations that have applied for blockchain related patents, Mastercard, American Express, Sony, the South-Korean government, Alibaba, Volkswagen and probably many others. It is only the beginning of the patent race, but it is not how many patents you have, but rather how important they are.
Intercontinental Exchange (ICE), the owners of the largest stock exchange in the world the New York Stock Exchange, has announced they are launching a new Bitcoin firm called “Bakkt”. This new company has been founded with partners like Microsoft, Starbucks, and BCG. Their goal is to make Bitcoin a mainstream financial asset.
Authentication of electronic document is based on multiple digital signatures incorporated into a blockchain. Structured data, metadata, and instructions may be hashed to generate the multiple digital signatures for distribution via the blockchain. Any peer receiving the blockchain may then verify an authenticity of an electronic document based on any one or more of the multiple digital signatures incorporated into the blockchain.
An “unhackable” cryptocurrency wallet by BitFi, promoted by John McAfee, was allegedly hacked?
The Bitfi wallet is supposedly the first unhackable cryptocurrency wallet to hit the market, and it’s only $120. Bitfi claims that their wallet uses special breakthrough technology to protect your assets. Claiming it is better than any form of cold storage. Now, of course with these claims comes all sorts of cyber security experts and geeks to come out of the wood works and start trying to hack this device.
KPMG released its bi-annual “The Pulse of Fintech” report detailing a large increase in blockchain business spending in 2018.