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Identity Crisis: How Can Blockchain Protect Our Identity?

In 2017, Equifax suffered a data breach that leaked data on up to 143 million Americans. The leaked data includes social security numbers, home addresses and more. Since that breach, there have been 29 more breaches affecting more than a billion people world-wide. It seems that hackers collectively have more data on us than credit […]

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JPMorgan Leads Blockchain Hiring as Job Openings Ramp Up

The multitrillion-dollar banking titan JPMorgan Chase (JPM) is currently head-and-shoulders above competing banking firms in hiring blockchain industry specialists, Forbes reported last month.As jobs-listing website Indeed.com revealed, over the past year, JPMorgan Chase was the only financial firm in the top ten companies that posted jobs containing the words “blockchain,” “cryptocurrency” or “bitcoin.” Forbes went on […]

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PayPal Makes Its First-Ever Investment in a Blockchain Startup

Online payments giant PayPal has made its first-ever investment in a blockchain technology company.Announced today, PayPal has joined the extension of a Series A funding round in Cambridge Blockchain, a startup that helps financial institutions and other companies manage sensitive data using shared ledgers.Neither PayPal nor Cambridge Blockchain disclosed the investment amount, but recent filings […]

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Blockchain Reality Does Not Match Advertisement, Says World Bank Official

The World Bank has become the latest source of criticism over blockchain technology, this time urging caution over its role in land rights, Reuters reported on March 27.Speaking at the ongoing 20th Annual Conference on Land and Poverty in Washington, D.C. this week, Aanchal Anand, a Land Administration Specialist in the bank’s Global Land and […]

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Over 130-Year-Old Liquor Company William Grant & Sons to Track Whiskey on Blockchain

Premium scotch whisky brand Ailsa Bay is reportedly about to release what it believes to be the world’s first scotch whisky tracked with a blockchain-based system. Liquor-related news website The Drinks Business reported on the development on March 26.Ailsa Bay is owned by William Grant & Sons (WG&S), a liquor company founded in 1887 that, […]

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Louis Vuitton Owner LVMH Is Launching a Blockchain to Track Luxury Goods

Luxury brand conglomerate LVMH, owner of the iconic Louis Vuitton label, is preparing to launch a blockchain for proving the authenticity of high-priced goods, CoinDesk has learned.Code-named AURA, the cryptographic provenance platform is expected to go live in May or June with Louis Vuitton and another LVMH brand, Parfums Christian Dior. It will then be […]

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Ex-Enron CEO Leaves Jail to Plot Possible Blockchain Venture: Report

The former CEO of Enron, Jeffrey Skilling, is reportedly looking to start a blockchain company just a month after being freed from jail for his role in the energy giant’s massive accounting scandal back in 2001.According to a Wall Street Journal article on Monday citing sources “familiar with the matter,” Skilling may be planning a […]

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3 Stocks to Gain From Blockchain’s Retail Reach

The global retail market may be the ultimate space to benefit tremendously from blockchain technology’s real-world implementation. More industries are realizing the potential of blockchain outside the crypto currency market, which is not only a fast, secure and accurate system, but also doesn’t burn a hole in corporate pockets.Growth Prospects of Blockchain in Retail MarketAccording […]

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It’s 2019 and IBM Is Still Trying to Find a Use Case for Blockchain

IBM claims that six banks will issue stablecoins using its World Wire protocol which is based on the Stellar network. According to the tech giant, three banks have publicly committed to the initiative, and the remainder will reveal themselves soon. The announcement joins the resurgence of blockchain razzmatazz this year that feels eerily similar to […]

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Bitcoin Is a Technology, Not a Business Opportunity, TRON CEO Tells Mainstream Media

Criticism of Bitcoin (BTC) by big business is misplaced, blockchain developer network TRON’s CEO Justin Sun told CNBC in an interview on March 13.Speaking to the network about the general state of the cryptocurrency markets, Sun, who is also CEO of BitTorrent after the company bought the file sharing network in June 2018, said their […]

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