Tag Archives: NEWS

World Bank President Believes That Blockchain Has “Huge Potential”

Organizations can adopt Blockchain technology to realize their growth potential and business goals. This is according to Jim Yong Kim who is the President of the World Bank. He believes that Blockchain technology has a “huge potential” that is yet to be tapped by the world. Kim added that DLT could help the organizations to […]

Zach Abrams: Cryptocurrencies’ Rise Is Different From That Of The Internet

Many people have compared the emergence and progression of Cryptocurrencies and Blockchain technology to that of the internet in the 1990s and in the early 21st century. However, Zach Abrams, the CEO of Coinbase, has a different take on the matter. He believes that the two inventions are different in not only the context but […]

ConFEAS 2018 Advocates For The Adoption Of Blockchain Technology

The Chairman of the Federation of Asian and European Stock Exchange (ConFEAS) who is also the Director-General of Muscat Securities Market, Ahmed Saleh Al Marhoon, is calling for the application of Blockchain technology in stock markets. He adds that the application will have a far-reaching effect in attracting new investors in the market. This is […]

Study: Power Plants Built On Blockchain Technology May Be A Reality With GE Power

GE Power is planning to build virtual power plants that are powered by Blockchain technology. The company is currently investigating a strategy that will incorporate DLT to the GE Predix platform that delivers power that has been generated from virtual power plants. This may be the technology discovery of the century and may revolutionize the […]

Bank of America Secures A Patent For Cryptographic Keys Storage Device

The U.S. Patent and Trademark Office has awarded the Bank of America (BoA) a patent for a Cryptographic keys storage device. The device has been described as a “hardened storage device” that is deemed to be at par with what Blockchain platforms such as Ethereum and Bitcoin offer. There are possibilities that the new technology […]

GIES Believes That Blockchain Technology Will Boost Islamic Finance Sector Worldwide

The Global Islamic Economic Summit (GIES) for the year 2018 was convened in Dubai, UAE. Experts at the summit are positive that Blockchain technology enables the Islamic Finance Sector to grow tremendously in companies that have adopted DLT. In particular, the delegates singled out Islamic Banking as the subsector likely to benefit the most. Additionally, […]

Mining Bitcoin Could Increase Global Warming, Factual Or Not?

The New York-based Thomson Reuters Foundation reports that ambassadors of global warming awareness have Bitcoin on their list of concerns. The climate enthusiasts fear that Bitcoin mining could derail efforts done by the world to combat global warming. These methods largely entail developing solutions for green energy production to discourage the use of unsustainable means […]

ZCash Blockchain Has Undergone A Fork That Introduces Shielded Addresses

ZCash Blockchain has been updated as per its long-term roadmap to incorporate shielded addresses with sapling update capabilities and competencies. The fork is intended to optimize the network’s performance to a very large extent by enhancing privacy and anonymity features to achieve optimal confidentiality. The networks, therefore, become one of the few that has next-generation […]

Bitcoin Is The Cryptocurrency To Watch In 3 Weeks’ Time

Forecasts predict that Bitcoin will enter a long streak of sustained bull runs. One of the drivers for the expected gains is the growth of institutional investors who are pouring money into Bitcoin and triggering a surge of demand and prices. Additionally, awareness about Cryptocurrencies is growing and more people are likely to acquire Digital […]

Expert: The US Debt Risks Should Be The Beginning Of Mass Cryptocurrency Adoption

A renown Cryptocurrency enthusiast and internet trader, Kim Dotcom believes that the US Debt would crash the US economy and this could devastate the global economy. He then advises people to invest in Cryptocurrencies  to cushion themselves from the looming devastation. Digital Assets will be the preferred unit of value that binds retailers, wholesalers, service providers […]
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