blockchain / 347 posts found

How blockchain changes the game for smart cities of Cambodia

by crypto journalist
In a smart city, traffic, public services, and document circulation can be fully automated, integrated by big data and the internet of things (IoT). Applying blockchain is not as common in smart cities as these other tech, but that’s exactly what this project in Cambodia is doing. While there are dozens considered smart cities today, less than a quarter have an active, large-scale implementation using blockchain. Blockchain can simply be put as a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system. A blockchain is essentially a digital ledger […]

Taking the aviation industry to new heights with blockchain and Modex BCDB – Modex

by crypto journalist
Over the past weeks we have shown you several use cases on how blockchain can disrupt several industries and change them for the better. Now we’re taking off, soaring above the clouds, as we take a look at how blockchain and Modex BCDB (Blockchain Database) can improve the airlines’ operations and the aviation industry. The commercial aviation industry is a highly complex space, where a large number of entities are involved in the delivery of travel products and services, which is sometimes manifested in a single product from a customer perspective. These actors are often collaborating and partnering to be […]

Telegram’s ICO: Give us $2 billion and we’ll solve all of blockchain’s problems

by crypto journalist
“Long Island Iced Tea” becoming “Long Blockchain” this is not. In planning a $2 billion initial coin offering that’s meant to launch this month, messaging service Telegram isn’t just looking for a quick boost in value. If the dollar amount weren’t enough to get your attention, consider the ambition behind it: Telegram is promising investors who buy into its home-grown cryptocurrency that it will solve some of the blockchain world’s thorniest problems. This piece first appeared in our new twice-weekly newsletter Chain Letter, which covers the world of blockchain and cryptocurrencies.  – it’s free! The ICO space is already on fire, […]

How blockchain will change the way you trade in stock markets

by crypto journalist
By Som Shekhar Singh With stock markets across the globe increasingly embracing blockchain’s native capabilities as the basis for market transactions, the Securities and Exchange Board of India () is exploring how technology can be used in the Indian stock market. Recently, Sebi appointed an advisory committee, called Committee on Financial and Regulatory Technologies (CFRT), for conducting research on the blockchain platform and other technologies that have been making waves in the sphere of fundraising, asset management and post-trade settlement. Blockchain offers huge potential for tracing securities lending, repo and margin financing and monitoring systemic risk. Sebi is taking early […]

Science Ministry begins Covid-19 vaccine tracing project using blockchain, says deputy minister

by crypto journalist
A healthcare worker administers a dose of the Pfizer-BioNTech Covid-19 vaccine to a frontliner at the UiTM Private Specialist Centre in Sungai Buloh March 2, 2021. ― Picture by Hari Anggara KUALA LUMPUR, March 2 — The Science, Technology and Innovation Ministry (Mosti) and Mimos Bhd, with the assistance of the Health Ministry, have begun a vaccine tracing project utilising Blockchain technology at the proof-of-concept stage. Its Deputy Minister Datuk Ahmad Amzad Hashim said vaccine tracing can be used not only for the Covid-19 vaccine, but also for other vaccines or medication in Malaysia. “It will begin today with a […]

Mark Cuban on learning about NFTs, blockchain, Steve Jobs

by crypto journalist
Steve Jobs once said: “It comes down to trying to expose yourself to the best things that humans have done and then try to bring those things in to what you’re doing. I mean Picasso had a saying. He said, ‘Good artists copy, great artists steal.’ And we [at Apple] have always been shameless about stealing great ideas.” While Jobs may have slightly misquoted Picasso to PBS’ “Triumph of the Nerds” in 1996, his point was that the Macintosh was an iteration of previous computers and technology, rather than a completely new innovation. That point resonates with least one fellow […]

India will not ‘shut off’ all cryptocurrency, wants blockchain: Sitharaman | Business Standard News

by crypto journalist
India will not “shut off all cryptocurrency” and allow “experiments” with the technology behind the alternative form of payment, said Finance Minister Nirmala Sitharaman on Sunday, adding the country’s central bank would decide finally. Bitcoin, the world’s biggest cryptocurrency, on Saturday crossed a record high of $60,000. Bitcoin has risen sharply this year, broadly outperforming conventional asset classes, partly due to broader acceptance as a form of payment. India’s government is preparing a Bill on cryptocurrencies after an inter-ministerial panel proposed a ban and before that, the Supreme Court struck down the Reserve Bank of India’s restrictions on lenders providing […]

Swiss asset management company launches digital EFT analogue with blockchain tokens

by crypto journalist
Swiss asset management company launched a digital EFT analogue with tokens instead of stocks Bitcoinist | Mar 11, 2021 | 16:49 On February 10, 2021, Swiss company UGPay Group launched sales of security tokens WCRU, which are backed by assets in real economy sectors that are under management by the financial group. Every investor that buys WCRU becomes a co-owner of the global investment portfolio that covers 20 industry sectors – gold mining, synthetic diamonds production, real estate, innovative transport, telecom, basalt fiber production, as well as cryptocurrencies and other assets. According to preliminary data, in less than three weeks, […]

Ethereum now available on Amazon Managed Blockchain

by crypto journalist
Amazon Web Services users reportedly have the ability to “provision Ethereum nodes” as well as connect to the blockchain’s mainnet and other testnets. Tech giant Amazon just announced the general availability of Ethereum on its managed blockchain. According to Amazon Web Services, or AWS, users now have the ability to “provision Ethereum nodes” as well as connect to the blockchain’s mainnet as well as the Ropsten and Rinkeby testnets through the Amazon Managed Blockchain. The program claims to offer secure access to the network with “standard open-source Ethereum APIs” and syncs to the Ethereum blockchain. “Amazon Managed Blockchain monitors node […]

Blockchain firm Ripple sees no fallout in Asia Pacific from SEC lawsuit

by crypto journalist
By Reuters Staff 3 Min Read TOKYO (Reuters) – Blockchain payments firm Ripple has not experienced any fallout in its Asia Pacific business after being sued by the U.S. Securities and Exchange Commission (SEC), the company’s chief executive officer said on Friday. FILE PHOTO: Representation of the virtual currency Ripple coin is seen on a motherboard in this picture illustration taken April 24, 2020. REUTERS/Dado Ruvic/Illustration In late December, the SEC charged Ripple, which is associated with cryptocurrency XRP, with conducting a $1.3 billion unregistered securities offering. After that, the top U.S. cryptocurrency exchange Coinbase shut down trading in XRP, […]