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.
Venezuela has been known to try new things. A new currency is now one of them! They are launching a new fiat currency that is tied to cryptocurrency, that is tied to oil. That is quite the extraordinary use of crypto. It is said Venezuela’s economic “reconversion” is set to start on August 20th of this year, where they will issue the “Sovereign Bolivar”.
Is anyone surprised? We’re at the tail end of a crypto bubble. -@VitalikButerin July 31st, 2018Vitalik tweeted this yesterday. During January of 2018 Coinbase saw a peak of around 126 million visits, dropping off to a mere 29 million by June of 2018. Is these decrease in activity a sign the crypto-bubble is ending? Or are we simply seeing new trends and habits that we simply have not seen before, as this economy is still so fresh. Coinbase also only offers a handful of assets, while the alt-coin market exploded this year, as well as tons of other crypto-exchanges opening up.
“Gods Unchained” A new Esports project launched on the Ethereum network
Esports is a massive industry by itself, currently gamers account for 66% of the United States population as per statista.com.
Gods Unchained began as the game Etherbots, one of the most popular games ran on the Ethereum main-net. All of the data from Etherbots is recorded on the Ethereum blockchain and was sent by one large transaction. Fuel Games, the developers of Etherbots and Gods Unchained decided to go about launching their new game on the network differently.