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Co-Founder of Ethereum: Blockchain Will be “More Disruptive” Than Dotcom Bubble

Joseph Lubin spoke at length earlier today about the disruptive potential of blockchain technology. The co-founder of the Ethereum network and blockchain software company ConsenSys was speaking at the MoneyConf in Dublin, the city his company has chosen to open a new office.Lubin: Blockchain Will Be “Orders of Magnitude More Disruptive” Than the InternetTo promote […]

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Video Games and Blockchain: New Experience for Players or More Profit for Developers?

Crypto-video games are finally here, except that they aren’t. Over the past few months, a steadily increasing stream of computer games have appeared that have used cryptocurrencies in one way or another, yet despite their growing frequency only a small number of these have actually used the mechanics of Ethereum or Bitcoin to provide a […]

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‘Chinese Google’ Baidu to Release Interstellar Blockchain Game

Chinese search engine Baidu has created a blockchain-based game called “Du Yuzhou” (The Universe) where users will receive “elements” to build their own planets while using blockchain features, Coindesk reports Friday, June 8.The website announces an “open blockchain interplanetary journey,” describing the game as “a magical world made up of all kinds of rare elements” […]

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Blockchain’s Once-Feared 51% Attack Is Now Becoming Regular

Monacoin, bitcoin gold, zencash, verge and now, litecoin cash.At least five cryptocurrencies have recently been hit with an attack that used to be more theoretical than actual, all in the last month. In each case, attackers have been able to amass enough computing power to compromise these smaller networks, rearrange their transactions and abscond with […]

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Dutch Central Bank: Blockchain ‘Promising But Inefficient’ in Payments

Blockchain technology isn’t a beneficial addition to the payment system in the Netherlands – at least not yet, according to the country’s central bank.In a blog post published Thursday, De Nederlandsche Bank (DNB) came to the conclusion that distributed ledger technology (DLT) is not suitable for its existing financial payment infrastructure due to its insufficient […]

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Software Giant SAP Launches Blockchain-as-a-Service Platform

Multinational enterprise software giant SAP has launched a cloud platform that is dedicated to helping corporates develop blockchain applications.Announced during an SAP event Wednesday, the cloud-based solution aims to provide enterprises with a framework to build business applications on top of blockchain systems such as Hyperledger Fabric, the blockchain platform launched by the Linux Foundation, […]

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Mastercard Wins Patent for Blockchain Travel Itinerary Bidding System

Financial services giant Mastercard has won a patent for a blockchain system that allows travelers to submit desired itineraries and merchants to submit bids for each service request.The patent, awarded to Mastercard by the US Patent and Trademark Office (USPTO) on June 7, aims to streamline the global travel industry by connecting travelers to a […]

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China State TV: Blockchain Is ’10 Times More Valuable Than the Internet’

China Central Television (CCTV), the country’s primary state broadcaster, has said the economic value of blockchain is “10 times more than that of the internet.”In a segment named “Dialogue,” aired Sunday night through the station’s Finance Channel, CCTV host Chen Weihong featured an hour-long discussion that was for the first time dedicated to educating its […]

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Series of Epic Bugs Discovered on EOS Platform

A well-known Chinese internet security research firm Qihoo 360 has discovered a critical bug on EOS producer node that can be used by hackers to manage code on nodes remotely. After that it has warned the EOS blockchain project about a series of epic vulnerabilities that were found out on the platform.The official blog post […]

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Meet Kakao: How Korea’s Largest Mobile Giant Is Embracing Blockchain

Both proponents and opponents of new technology tend to come up with extreme (or overly romantic) theories about it.This was certainly the case for bitcoin and the debate about whether the world’s first cryptocurrency would replace all global currencies. However, this tendency may also underly the seeming contradiction that large corporations, which typically exert centralized […]

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