Archive | blockchain technology

Shenzhen in China to Invest Heavily in Blockchain Startups

At a Shenzhen blockchain expo event hosted on Sunday by the China Electronic Commerce Association, Shenzhen’s city government revealed that it is backing a considerable blockchain investment fund. From Hangzhou… The fund aims to invest CNY 500 million (USD 80 million) in blockchain startups in Shenzhen, which comes shortly after Hangzhou city took very similar […]

California Legislators Take First Step to Welcoming Blockchain

A senator from the state of Califonia is working to push through legislation that would allow blockchain technology to be utilized in formal documentation, specifically corporations’ articles of incorporation. Bob Hertzberg, the Democratic representative for the San Fernando Valley, presented the bill dubbed ‘SB 838’ to the Senate Banking and Financial Institutions Committee at the end of the […]

Samsung Implents Blockchain and Produces Bitcoin Miners, Focuses on Crypto

Blockchain technology is making inroads in many different industries. Samsung, a global technology leader, is now keeping a close eye on this technology. The company plans to incorporate distributed ledgers to manage its global supply network. Samsung also shows a keen interest in manufacturing cryptocurrency mining equipment. The Impact of Blockchain Technology Cryptocurrencies have introduced… […]

Blockchains in Supply Chain Management: A Deeper Look (Part 1)

Blockchains are being explored by many industries, from cloud storage and healthcare to insurance and legal services. The supply chain management industry hasn’t been left behind, and it’s leading the world in research and development of blockchain technology to solve some of the challenges that have plagued this industry for so long. But how exactly will blockchains […]

Seoul Mayor Prepares City to Embrace Blockchain Technology

Park Won-soon, the Mayor of South Korean Capital Seoul, has announced intentions to pursue the development of blockchain technology in the city. Won-soon stated that there will be a digital currency created for use in Seoul, as well as the setting up of groups dedicated to exploring blockchain technologies and their future implications. Korea Re-Embraces… […]

Here Is Bitcoin’s Biggest Flaw: Edward Snowden Shares His Thoughts

Bitcoin’s public blockchain may be its biggest flaw. This is according to Edward Snowden, the infamous US whistle-blower. While everyone is concerned about the transactional limits of Bitcoin, very few give thought to the implications of its public ledger in regard to privacy. A much larger structural flaw Describing the public ledger as Bitcoin’s “much […]

New Zealand’s Bitcoin and Cryptocurrency Sector is Booming With Developments

There are always interesting developments in the world of blockchain. New Zealand is paying very close to all of the changes and improvements occurring. So much even that FintechNZ general manager James Brown is confident the Kiwi nation can become a global blockchain center. The Blockchain Industry in New Zealand Most people would not necessarily […]