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Skycoin Aims To Fix Fatal Flaws Of Bitcoin and Ethereum

Skycoin, a blockchain created by original developers of Bitcoin and Ethereum, is looking to address the faults found in previous blockchains.Bitcoin looked great on the surface, with very noble ideals of bringing financial freedom to those who would not deal with traditional finance any longer or could not access the financial system.As the idea of […]

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Blockchain Is ‘Going Mainstream’ Says European Commission Official

An executive from the institution tasked with overseeing European regulation is offering new praise for blockchain technology.In a speech Tuesday, European Commission (EC) vice president Andrus Ansip went so far as to highlight distributed ledger tech, calling it one of “the areas where Europe is best positioned to play a leading role,” with the caveat […]

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Warning: Blockchain Could Rot Your Brain

Advancements in technology may be transformational. However we cannot forget that they also create adjunct problems.For instance, social media addiction is a serious issue, the Internet spawned the need for instant gratification, and artificial intelligence has many of us worried about technological unemployment.Unfortunately, blockchain is no exception. And yet, everybody wants a piece of the […]

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UK Fintech Settles Security on Ethereum Blockchain in a World-First with Microsoft

The blockchain has just disrupted another niche. UK-based Nivaura in partnership with Microsoft’s Azure cloud has proved in a test case that the public ledger can be used to support regulated assets. The blockchain is an increasingly attractive option as the payments industry continues to embrace cryptocurrencies and even digital fiat money.The technology was created […]

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E-Commerce Giant JD to Launch Blockchain-as-a-Service Platform

Chinese e-commerce giant JD.com has today unveiled a white paper detailing its next big step into the blockchain industry.Drawn up by JD’s blockchain technology and application center, the white paper outlines a variety of verticals that the firm will target with the launch a new blockchain-as-a-service (BaaS) platform.JD’s BaaS service will provide blockchain tools for […]

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Google Is Reportedly Working on Its Own Blockchain-related Technology

To support cloud business, the search giant Google is working on blockchain-related technology, developing its own distributed digital ledger.Google is considering taking blockchain ‎technology and developing its own distributed digital ledge.According to Bloomberg, the search giant could use blockchain-related technology to reassure customers that their information is protected when stored on Google network of computer […]

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Blockchain Technology can Create a Social Media Platform that Facebook Can Never be

Facebook has become so much more than a social media company over the years. Not all of their decisions are appreciated by the general public, though. It also seems the platform faces major concerns regarding privacy and censorship. Blockchain technology may very well be the undoing of platforms like these for many different reasons.Facebook Faces […]

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Regulators Could ‘Take Away’ Blockchain’s Efficiencies, Congressman Warns

“What would happen if our Department of Motor Vehicles held all bills of sale on the blockchain?”This was the first of several possible use cases mentioned by Rep. David Schweikert (R.-AZ) during his keynote address on day two of the D.C. Blockchain Summit, where he outlined some of the challenges he sees in mainstream blockchain […]

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PayPal Files Patent to Improve Cryptocurrency Transaction Times

PayPal has filed a patent for a system designed to improve the speed of cryptocurrency payments.Documents filed with the US Patent and Trademark Office (USPTO) on March 1 show that the payment processing giant has developed a system through which senders and receivers can swap private keys rather than sending coins over the network through […]

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Walmart Wants Blockchain to Make Shipping ‘Smarter’

A new patent filing finds retail giant Walmart seeking to utilize blockchain technology to perfect a smarter package delivery tracking system.In an application released by the U.S. Patent and Trademark Office (USPTO) on Thursday, Walmart describes a “smart package” that would include a device which would record information on a blockchain regarding the contents of […]

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