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All posts in "Blockchain"

State of Blockchains: Bitcoin (BTC) Fees

Transaction fees make the bitcoin blockchain go round. The miners are compensated for their efforts, not only through inflationary block rewards but also through fees charged to users for adding their transaction to blocks. While fees on average make up about 4% of the total miner revenue per day, with the lion’s share coming from […]


Baidu Launches Plug and Play Blockchain Platform for Dapps

Chinese search giant Baidu has launched a blockchain platform aimed to simplify commercial deployment of decentralized apps, or dapps.Officially announced by Baidu Cloud on Thursday, the Baidu Blockchain Engine (BBE) platform is touted as a kind of operating system allowing developers to produce blockchain applications “just like mobile apps,” and get around the storage and […]


Japan’s Biggest Bank Launching Blockchain Payments Network in 2020

Mitsubishi UFJ Financial Group (MUFG) – Japan’s largest financial group and the world’s fifth largest bank by assets – is launching a blockchain-based payments network next year.The firm announced Tuesday that it has formed a joint venture with U.S.-based fintech firm Akamai Technologies to develop the platform “by the first half of 2020.”Called the Global […]


GM Financial Partners With Blockchain Startup to Fight Identity Fraud

General Motors Financial, the financing arm of the automaking giant, said Monday that it is partnering with blockchain startup Spring Labs on solutions for identity verification.The startup – which counts former Trump economic advisor Gary Cohn on its board of advisors – said that GM is exploring the acquisition of a stake alongside other use […]


Oracle’s First Dozen Cloud Blockchain Applications Are Now Live

Despite years of hype and chatter, enterprise blockchain deployments actually in production are few and far between.But according to Oracle, the list just got a little bigger.Announced Tuesday, the software giant now has up to a dozen enterprise customers using live applications that have sped into production since its cloud-based blockchain platform went live last […]


The Fallacy That Blockchain Is Stuck in One Place

One of the biggest rhetorical challenges blockchain advocates confront is something I’ll call “stasism:” their critics’ false assumption that the technology is in stasis, that it will never reach its potential because, in its current state, it’s too cumbersome, expensive or inefficient.This, I believe, is one of two flaws in a widely circulated anti-blockchain screed by Bruce […]


Abra’s Blockchain App to Let Users Invest in Fractions of Stocks, ETFs

U.S.-based crypto startup Abra is adding a new feature to its blockchain-based app that will allow global users to buy portions of traditional investment instruments.Announcing the news on Wednesday, Abra said the app will utilize the bitcoin blockchain and smart contracts technologies to support fractional investments in stocks, exchange-traded funds (ETFs). The app already offers […]


Facebook Beefs Up Its Blockchain Efforts With Startup Hires

Social media giant Facebook is growing its blockchain efforts by hiring staffers from Chainspace, the startup behind a smart contracts platform.The news of the hires – first reported by Cheddar – demonstrates that the social media company is moving ahead with its blockchain ambitions, which were first revealed last May with the announcement of a […]


US SEC Seeking Big Data Tool for Major Blockchains

The U.S. Securities and Exchange Commission (SEC) is seeking a tool to provide a Big Data view across major blockchains.In a solicitation notice published Thursday, the regulator said it is looking for both small and large businesses who can provide data for the “most widely used” blockchain ledgers based on transaction volume, in order to […]


State of Blockchains: Community Perspectives

Every quarter, CoinDesk Research surfaces the key data, trends, and events with its State of Blockchains reports. As our research efforts evolve and expand, we hope to provide amplification to perspectives within the crypto community. We reached out to analysts, builders, and lawyers to understand the industry from their unique vantage point.Let’s dive in:Analysts:Tom Shaughnessy […]

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