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Samsung Electronics Turns to Blockchain to Track its Global Supply Chains

Electronics manufacturing giant Samsung is considering a blockchain platform to manage and keep track of shipments of its vast global supply chain network.In a significant endorsement of blockchain technology, Samsung Electronics – the world’s biggest chipmaker and smartphones manufacturer – is considering a broad implementation of a blockchain ledger platform to track its global shipments.Speaking […]

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Mastercard Is Hiring More Blockchain Developers

Payment giant Mastercard announced Thursday that it was hiring 175 new technology developers, including blockchain specialists.The developers will work out of Mastercard’s office in Leopardstown, Ireland, where the firm’s research and development arm, Mastercard Labs, is headquartered. The new hires will work on creating more efficient payment systems, according to a press release.Sonya Geelon, Mastercard […]

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SEC Getting Ready for a Massive Crypto Fraud Battle

The Securities and Exchange Commission (SEC) has come out guns blazing in the fight to combat ICO fraud and protect sma​​​​ll investors.As we know, cryptocurrencies stole the headlines in 2017, with Bitcoin’s biggest milestones, such as reaching an all-time high value of $20k, a definite topic of conversation around the investor dinner table.Potential investors could […]

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Bank of America Envisions Blockchain As Internal Ledger

Bank of America may be looking into replacingsome of its existing data sharing systems with a blockchain, according to a patent application released Thursday.The filing, published by the U.S. Patent and Trademark Office (USPTO), outlines a permissioned blockchain which, if implemented, would securely record and authenticate personal and business data, ensuring only authorized parties can […]

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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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