Archive | Internet of Things

Blockchain and IoT Tech to Revive Polluted River in the Philippines

Tackling environmental challenges is becoming a widely-acknowledged coupling with blockchain. Bitcoin News looked into how the government in the Philippines is tapping this potential to clear one of its most polluted rivers. The list of novel blockchain innovations is growing. From financial services to the human genome, the technology is penetrating every facet of the […]

Walmart Applies for Blockchain-Managed Smart Appliance Patent

US multinational retail corporation Walmart has recently applied for another blockchain-related patent, this time looking to manage the use of smart appliances via blockchain technology. The application filed with the US Patent and Trademark Office covers the use of this tech on a number of devices, including televisions, computers, laptops and portable media players. Patent details […]

General Electric Enters Blockchain With $12 Million Funding of Cybersecurity Startup

General Electric (GE) has contributed to a fundraising round totaling USD 12 million for cybersecurity startup Xage that utilizes blockchain technology in collaborating Internet of Things (IoT) devices. GE’s funding has come from the venture capital arm of the multinational conglomerate. The venture’s managing director of investment Abhishek Shukla spoke on the decision, noting the necessity of […]

Top 5 Threats Keeping Cybersecurity Professionals Up at Night

If you’d asked any cybersecurity professional around this time last year what the greatest threat to cybersecurity was, they’d have undoubtedly said ransomware. Now worth over a billion dollars a year (and rising), with attacks like WannaCry and Petya/NotPetya wreaking havoc, every expert worth their salt was planning ways to stay ahead of the hackers. […]

Chinese President Says Blockchain is a Breakthrough Technology, Expresses Optimism

President of China, Xi Jinping, expressed his admiration and hopes for blockchain technology at a meeting with the Chinese Academy of Sciences and the Chinese Academy of Engineering. Xi pointed out that blockchain technology, which underpins Bitcoin, has been accelerating the rate of “breakthrough applications.” He also noted that he holds interest in other upcoming… […]

IBM Recruits in Preparation for $176 Billion Blockchain Future

IBM’s pursuit of 1,800 blockchain jobs in France is a signal of intent to expand research and development in several areas, primarily focusing on blockchain technology, AI (Artificial Intelligence) and IoT (Internet of Things), as detailed in an interview with chief executive Virginia Rometty on Wednesday. IBM is one of the largest and most established research organizations […]