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Category: Blockchain News

Microsoft Email Accounts Used by Hackers to Steal Cryptocurrencies

The cryptocurrency industry has grown tremendously over the last year. Governments and corporations have embraced blockchain technology and use it to offer better products and services to customers. However, just like any new industry, the cryptocurrency industry is not devoid of challenges. Microsoft Email Accounts Used for Hacking One of the main challenges in this […]

Startup Ubirch from Cologne Gets Million In Second Funding Round

Ubirch – IoT Data Storage on Blockchain According to a recent press release (German), the company Ubirch has successfully gained more than a million Euro in a second funding round. The startup is developing secure data storage solutions for the internet of things. While the usefulness of notary processes has already been discovered by other […]

How Decentralized Artificial Intelligence and Machine Learning Change Medicine

Artificial intelligence is the hypothesis and advancement of computer networks able to execute duties that typically demand brain power, such as translation between languages, speech recognition, and visual perception. Algorithms are used in Machine learning that acquires knowledge on how to accomplish tasks like classification and prediction without directly being given instructions to do so. […]

How Blockchain Can Be the Backbone of India’s Economy

According to the world economic forum, India currently has approximately 1.34 billion individuals or about 18% of the world’s population. In 2016, Narendra Modi the Indian prime minister declared that the country’s two highest value banknotes would stop being licit tenders. Individuals who had the notes were to take them to the bank. Imperfect as […]

Orange Aims to Combat Fake News With Blockchain

The French telecommunications giant has partnered with Safe.press. The company has developed an innovative platform to authenticate news on the blockchain. Orange Aims to Fight ‘One of the Biggest Problems of Our Time’ Orange indicated that it is the first company in the world that joined safe.press. According to the company, it is also the […]

SEC Ruling on the DAO and ICO, Explained

On July 25, the stock exchanges commission announced that blockchain firms should obey state rules. The SEC declared that sales and offers of current assets by implicit firms are subject to the demands of state securities rules. Such purchases and offers controlled by firms using blockchain technology and supply records have been named among other […]

Audi’s Joint Venture With IOTA Promises A Blockchain-Powered Automotive Future

Audi Denkwerkstatt, Audi Company’s thinktank has been collaborating with IOTA Foundation. In the past for months, the two parties were testing a prototype platform that is designed to use IOTA Blockchain technology in powering a number of automobile automation features such as the Internet of Things, Big Data management, etc. In a report card release […]

What Is An ICO?

An Initial Coin Offering (ICO) is a fundraising method used by new projects to sell their essential crypto tokens in exchange for Ether or Bitcoin. This undertaking bears similarity to Initial Public Offerings (IPOs) whereby investors buy shares of companies that have been publicly-listed. Many people still ask what is an ICO because this is […]

What is a Decentralized Application?

Decentralized applications (DApps) are among the new breed of apps whose growth is attributed to blockchain technology. DApps run on P2P computer networks rather that one computer. Therefore, these applications cannot be controlled by one computer or user. However, the main question that abounds is what is a decentralized application? Well, there isn’t a straightforward […]

What Is A DAO?

If you are a cryptocurrency enthusiast, you have probably encountered this the question; what is a DAO? A decentralized autonomous organization is a business whose main decisions are made electronically. Written computer codes or members’ votes are used when making decisions rather than leaving it to one individual. Upon the invention of blockchain technologies, there […]
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