Interest in blockchain technology is waning, research firm Gartner said in its latest “Hype Cycle for Emerging Technologies” report.
Many academics with both a business and technology background based at American universities have been praising blockchain technology for its broad range of applications and future potential. Blockchain applications are in growing use by governments, private companies and NGOs, and millions of dollars have been invested in researching the new technology over the past few […]
Technology sectors have long been dominated by males and lacked gender diversity. This is slowly changing with fintech enterprises attempting to address and push the shifting dynamic from the top. Now, the ratio at conferences and funding rounds have a significantly different outlook. Such events, which historically lacked success stories reporting women moving the industry ahead […]
It appears that old Alcoa aluminium facilities are being put to good use, as one more is now earmarked for cryptocurrency mining. Alcoa World Alumina and Chemicals (AWAC), with customers in China, the United States, Europe, and Brazil are letting some of their old operational US sites for aluminium processing go. The last to be […]
JD.com, China’s largest retailer, has launched a Blockchain-as-a-Service (BaaS) platform for use by businesses looking to develop blockchain solutions. The new platform will allow them to adopt DLT without having to build the technology from the ground up. As detailed in the recent press release, the JD Blockchain Open Platform enables developers to build, host and implement solutions […]
A Britain-based CEO has suggested that post-Brexit, cryptocurrencies will benefit the UK as they have key advantages over fiat currencies. Danial Daychopan of Crypto company Plutus, suggests that due to the pound and euro’s interdependence and the fact that they are both based on other currencies, allows decentralized cryptocurrencies to offer a “variable and stable […]
The US Senate is preparing for another blockchain hearing next week, this time to discuss its energy efficiency and implications. The 23-member Committee on Energy and Natural Resources will hold the “Energy Efficiency of Blockchain and Similar Technologies” hearing on 21August to discuss the issues and practical implications of its widespread adoption on the energy […]
The Indonesia Blockchain Hub was launched in Jakarta this week, described as a center for the sharing of industry knowledge, both locally and internationally. The centee was opened in partnership with the Indonesia Chamber of Commerce (KADIN), Indonesia Blockchain Association (ABI), BEKRAF and HARA, an agritech startup. The ABI has become instrumental in promoting blockchain […]
Bitcoin developer Greg Maxwell has finished coding Taproot, a scheme that will make smart contracts hidden on the blockchain. However, Schnorr signatures need to be added to Bitcoin for Taproot to work, as well as Merkalized Abstract Syntax Trees (MAST). Taproot is named after the way Bitcoin smart contracts represent the root of a plant, […]
The Chinese State Aerospace Industry is looking to utilizing blockchain technology to update some of its electronic invoicing. According to a government announcement posted by State Administration of Science, Technology and Industry for National Defence, China Aerospace Science and Industry Corporation Ltd will be fulfilling state plans for using blockchain for invoicing for tax purposes. […]
Bitcoin could get better privacy with Taproot, but there’s one big obstacle – it can’t be deployed until another technology goes through.
In an article for Lawyer Monthly, legal technology expert Paul Sachs advocated for the use of blockchain in the legal system and court proceedings, focusing on the UK in his discussion. Sachs preceded his in-depth analysis of how blockchain could be utilized by stating a necessity for substance to be included in the growing discussion […]
The Commonwealth Bank of Australia (CBA) has been mandated by the World Bank to issue the world’s first bond created, allocated and managed on the blockchain. Once issued, the bond will be managed by the World Bank in Washington and CBA in Sydney over a private Ethereum-based blockchain, with CBA stating that it remains open […]
More funding is being pumped into the blockchain infrastructure in China as four universities are receiving a grant for an interdisciplinary research effort to examine artificial intelligence (AI), enhancing the security of electronic payment systems and blockchain technology applications. Collaboration The Hong Kong University of Science and Technology (HKUST) Business School has partnered with the […]
Betting has existed for centuries, with the allure of making money combined with the thrill of testing one’s ability to predict the outcome of an event being among the biggest attractions. Some of the earliest casinos appeared in Italy in the 17th century, and since then, betting has taken advantage of new technology to lure […]