Mastercard Teams Up with Blockchain Firm R3 for Cross Border Platform

Payment leader Mastercard (NYSE:MA) intends to expand a blockchain platform for cross-border settlements in collaboration with Ripple-backed fintech research company R3. Over the course of the past few years, the cryptocurrency space has grown at a remarkably fast rate and after the hibernation of sorts in 2018, most cryptos have been back with a vengeance […]

Santander Launches First Ever End-to-End Bond on Ethereum Blockchain

Spanish banking giant Santander (NYSE:SAN) has announced today that it has become the first bank to use blockchain to manage a bond issue. The bank reportedly issued $ 20 million USD worth of bonds on the Ethereum blockchain, where it will remain until the end of its one-year maturity. As part of the transaction, Santander […]

LG Working on a Blockchain Phone to Compete with Samsung

A blockchain phone is not something many would have thought of even a few years ago. Even around three years ago when the remarkable cryptocurrency bull run had just started off, it was still looked upon as a novelty, and not many had a lot of ideas about what it could eventually become. At the […]

The Future of Masternodes: Enabling Next-Generation Blockchain and Decentralized Services

The crypto world went abuzz in February 2015 when Dash, the project formerly known as Darkcoin, introduced InstantSend and PrivateSend. The utility of masternodes had become apparent to end users by way of the fastest means of transaction at the time, with an added measure of optional anonymity. Many other masternode projects have surfaced and […]

Walmart Deploys Blockchain Technology: Things You Need to Know

Over the past few years, blockchain technology has become synonymous with cryptocurrencies, but it is important to note that the technology in itself has a wide variety of uses. Plenty of companies that have nothing to do with cryptocurrencies are now exploring ways in which to incorporate blockchain technology into operations. Walmart is one of […]

Tech Mahindra Introduces Blockchain Solution for Finance and Insurance

Indian conglomerate Mahindra Group’s IT subsidiary, Tech Mahindra, has partnered with American tech company Adjoint. The company is set to launch blockchain use in insurance services and finance management solution. Blockchain Solution for Financial and Insurance Services On Monday, CommMEA reported that the solution, which is the first of its kind, will be a game-changer. […]

Liquid Reveals Blockchain Wallet Holding GRAM Tokens

Japanese cryptocurrency exchange Liquid has revealed that proceeds from its resale of GRAM tokens are being held in escrow in a digital wallet. GRAM tokens, the eagerly awaited cryptocurrency by Telegram, were initially available through two highly secretive and selective ICOs carried out in February and March of 2018. A secondary market for these tokens […]

Blockchain Technology Revenue Expected to Hit $10 Billion in 2023

Last year the cryptocurrency industry experienced a harsh industry-wide drop in asset prices. However, the prices have since recovered, and the blockchain technology is expected to rack billions of dollars in growth. Blockchain Revenue to Hit $ 10 Billion in 2023 ABI Research conducted a study, and its findings indicated that there are big things […]

Telegram to Release TON Blockchain Code on September 1

Telegram will release the code required to run a Telegram Open Network (TON) node on September 1, according to individuals close to the project. The news was confirmed by two individuals familiar with the project, an investor and an affiliate with TON labs. There has been a high level of secrecy around the project, and […]

Ethereum to Join Hyperledger Consortium as First Public Blockchain

Ethereum is expected to be the first public blockchain to be accepted on Hyperledger once the technical steering committee gives an okay to the adoption of ConsenSys’ Pantheon project. Pantheon Project to be Part of Hyperledger Pantheon, which is created by PegaSys, is a collection of Ethereum-based services that is built on Java. The Pantheon […]

Deloitte Launches Demonstrational “Blockchain in a Box” Platform

Multinational consultancy firm Deloitte has announced the release of its “Blockchain in a Box” platform that hosts demonstrations and experiments of distributed ledger technology in business applications. Blockchain in a Box Platform According to the company’s press release on August 9, the development of the “Blockchain in a Box” BIAB platform was inspired by customer […]

Binance Launching Venus Blockchain Project: Challenging Facebook’s Libra?

One of the largest cryptocurrency exchanges in the world is taking on social media behemoth Facebook (NASDAQ:FB). Well, sort of. On Monday, August 19, Binance announced it will be launching the Venus blockchain project. Here’s what we know and why Binance is challenging Mark Zuckerberg’s billion-dollar company by doing so. Binance Launching Venus Blockchain Project […]

Walmart Submits Patent for Drone System Based On Blockchain

Walmart Inc (NYSE:WMT) has felt the convenience of blockchain and is not looking to back down soon judging from its latest patent application submission for a drone communication system anchored on blockchain technology. The patent application submitted to the United States Patent and Trademark Office (USPTO) early this month, dubbed “Cloning Drones Using Blockchain,” shows […]

Massive Indian Telecommunication Provider Develops Blockchain Network

There are plenty of trends in the technology sector that will fade over time. Blockchain does not appear to be one of them, however. Just as more countries are warming up to cryptocurrency—New Zealand just gave the go-ahead for employers to pay staff in digital currencies—more and more countries are starting to use this innovative […]

South Korea’s Shinhan Bank is Building a Blockchain Security System

According to reports, the oldest bank in South Korea, Shinhan Bank, is soon to be the most technologically secure bank. The bank has partnered with two other companies to develop a blockchain-based security solution. Moving with the times indeed. South Korea’s Shinhan Bank is Making a Blockchain Security Solution According to a report published earlier today […]

Amazon is Building an Advertising Blockchain: Here’s What We Know!

According to CoinTelegraph, Amazon (NASDAQ:AMZN) is on the hunt for a software development engineer to develop an Amazon advertising blockchain. The world’s largest online retailer posted a job offer on LinkedIn and reportedly is in need of a development engineer for the new advertisement blockchain. Here’s what we know. Amazon Advertising Blockchain The hire will join […]

Blockchain Commences High-Speed Crypto Exchange The PIT

When it comes to big markets in which buyers and sellers trade throughout the day, the existence of large exchanges offering ample liquidity is necessary. Over the course of the past few years, plenty of crypto exchanges have been launched all over the world, and nowadays crypto traders have a wealth of choice when it […]

Blockchain and Social Media: A Match Made in Heaven?

Social media platforms of the new future will be very different from what we have today, that is if the current trends are to sustain. Social networking is not an old phenomenon. It has picked up in the last two decades. At the dawn of the internet, as it started to gain mainstream adoption in […]

Blockchain Supply Market to Grow to $9 Billion: Allied Markey Research

Blockchain supply is poised to become a multi-billion dollar market. A study by market research firm Allied Markey Research indicates the size of the market could reach highs of $ 9 billion by 2025, representing an 80% growth from 2018 levels. Key Growth Drivers Blockchain is the underlying technology that powers an array of decentralized […]

Litecoin (LTC) Outperforms Bitcoin Ahead of Blockchain Halving

Litecoin (LTC) continues to outperform other cryptocurrencies ahead of the much-awaited halving of its blockchain. Over the last seven days, the altcoin has averaged 5% in returns compared to just 1% for Bitcoin (BTC). Other cryptocurrencies continue to post mixed fortunes after a meteoric rise in the first half of the year. LTC Halving The […]

Blockchain Firm AmaZix is Tackling Crypto Scams on Telegram: Here’s How

When something becomes popular, illegal activity tends to follow. The cryptocurrency market knows this all too well, which is why AmaZix this week opened up its “moderation bot” so crypto scams can be booted from Telegram, a popular messaging app. Here’s what we know. Telegram Crypto Scams On Wednesday, AmaZix, a blockchain advisory firm, said […]

IBM Shipping Blockchain Grows with Two More Carriers on Board

Announced today, IBM’s shipping blockchain, TradeLens, has signed up two more major shipping carriers. The tech giant owns the platform with container giant Maersk. IBM Shipping Blockchain Now, the company has added Hapag-Lloyd and Singapore-based Ocean Network Express (ONE) to the network. Both are leading shipping carriers–ranked fifth and sixth in terms of size, respectively. Last […]

Walmart China Launches Blockchain Platform to Aid with Food Safety Scandals

As with cryptocurrencies, several companies are moving into the blockchain space. The latest, however, is Walmart China, which is the Chinese branch of the US supermarket chain. Here’s what we know. Walmart China Blockchain Platform: What We Know On June 25, Walmart China said it’s launched a blockchain platform that will address food safety concerns. […]

Blockchain Island Malta to Put All Rental Contracts on the Blockchain

Malta has welcomed cryptocurrency with open arms for the last two years—so much so, that several major crypto-related operations have set up shop there. In a bid to become the world’s greatest blockchain island, the company has brought major Asian exchanges Binance and OKEx, as well as Indian exchange Zebpay to its shores. Now, the […]

Legal & General Partners with Amazon to Develop Blockchain System

It was always going to happen. As the blockchain sector evolves, more companies will start merging into it. And this week, that’s precisely what British insurer Legal & General did. Yesterday, Legal & General, a multinational British insurer, announced that it’ll be working with Amazon to develop a blockchain system. Here’s everything we know. Legal […]

Visa B2B Connect: Cross Border Enterprise Payments on the Blockchain

Visa announced today that it is entering the $ 125 trillion money-transferring market and using blockchain technology to do so. Its new product, Visa B2B Connect, is newly launched and allows businesses to transfer money across the globe faster and safer. Let’s check this out. Visa B2B Connect The company has its sights set on […]

Microsoft Adds Blockchain Tools to Power Platform

It helps the cryptocurrency sector when the broader world begins to utilize the digital assets’ underpinning technology. Of course, I’m talking about blockchain technology. Therefore, it’s a great push for the decentralized asset when technology giant Microsoft clearly becomes a huge advocate for blockchain. How is it an advocate? Well, it is reportedly making blockchain-based tools […]

Gartner Blockchain Study: 90% of Current Blockchains Obsolete By 2021

According to a study executed by Gartner, 90% of the blockchains in use today will be obsolete or need complete replacing in only a couple of years. The Gartner blockchain study doesn’t sound too good, but it’s not all bad news. The Gartner Blockchain Study Gartner’s study says the following: “By 2021, 90% of current enterprise […]

Initial Exchange Offering: A Newcomer in the Blockchain Evolution

You’ve heard of Initial Coin Offerings (ICOs), but have you heard of an Initial Exchange Offering (IEO)? If not, don’t worry—today we’re taking a closer look at IEO. What Exactly is an Initial Exchange Offering? An Initial Exchange Offering and an Initial Coin Offering have the same goal—to raise funds. The key differentiating factor is […]

AURA Blockchain To Be Unveiled & Opera Adds TRON (TRX) Support

According to reports, the AURA blockchain—which was first mentioned in March—is ready for unveiling. AURA is a blockchain-powered platform that allows customers to verify the authenticity of luxury goods. The team behind its include ConsenSys, LVMH, and Microsoft. The AURA Blockchain Owners of luxury brands Louis Vuitton and Christian Dior, LVMH, is key to AURA’s inception. […]