Archive | Technology

Chinese Academy of Sciences Creates Lab to Explore Blockchain Mathematics

The National Mathematics and Interdisciplinary Science Center at the Chinese Academy of Sciences, a federal institution, has created the Big Data and Blockchain Lab in a partnership with Beijing Tai Yun Technology Company. This new laboratory aims to explore blockchain technology with mathematics in order to make critical improvements. A couple of research goals explicitly […]

Microsoft, EY’s Blockchain Royalties Solution Could Become World’s Largest

Ernst & Young (EY) and IT multinational Microsoft have launched a new blockchain solution aimed at content rights and royalties management. The blockchain solution has been structured to initially focus on Microsoft’s gaming sector along with its game publisher partners and is hoping to streamline rights and royalties processes. The two companies have created a […]

Amsterdam Installs First Airport Bitcoin ATM in Europe

Amsterdam’s Schiphol Airport, the main international airport in the Netherlands, has installed the first European airport Bitcoin ATM according to a press release on 20 June 2018. This is the 20th Bitcoin ATM installed in the Netherlands, placing the Netherlands 12th in the world for number of Bitcoin ATMs. Currently, Europe has 21.45% of the […]

Norway Develops Electric Planes, Plans to Make All Domestic Flights Electric by 2040

On June 19, Norwegian authorities, engineers, and scientists led by Transport Minister Ketil Solvik-Olsen and Avinor CEO Dag Falk-Petersen successfully tested a one-man plane run 100 percent by electricity. Commercial Electric Aircraft in Seven Years Avinor is a state-financed organization that oversees the operations of most of Norway’s airports, including Oslo Airport, its main international […]

Society’s Richest Need Better Crypto Advice – World Wealth Report

According to the Capgemini World Wealth Report published on 19 June 2018, although the rich are seemingly getting richer, they need more crypto advice from wealth management. It appears that the richest of society aren’t learning enough about the new financial technology to convince them to invest with any sense of conviction, despite the new […]

Ex SWIFT CEO, Ledger President, Among Mentors of New Blockchain Incubator in Paris

A first of its kind program named ChainAccelerator has been launched in Paris, France at Station F. The program’s goal is to nurture blockchain startups, and it has 29 mentors from across the blockchain and finance industries as well as partnerships with 13 companies. Some notable mentors include Leonard Schrank, former CEO of major international transaction […]

Jeff Garzik Develops Cryptocurrency Designed to Last Forever

Jeff Garzik, one of the earliest developers of Bitcoin who participated in Bitcoin development between 2010 and 2015, has created and is launching a cryptocurrency named Metronome. The motto of Metronome is “The Built-to-Last Cryptocurrency”, and indeed it is specifically designed to survive as long as blockchains exist. Metronome is designed for cross-blockchain portability. A […]

Nvidia to Develop Blockchain Prototype for Smart Digital Marketing

Chipmaker Nvidia has joined hands with AI startup Ubex to use artificial intelligence and blockchain technology to develop a smart digital marketing platform. Nvidia accepted Ubex into its inception program at the beginning of this month saying its intention was to help neural networks present online ads more efficiently. Ubex noted that the current advertisement techniques […]

IKEA Will Reduce 80% of Gas Emissions from Its Stores by 2030, Approved by SBTi

IKEA, the world’s largest furniture retail company based in Sweden which focuses on selling ready-to-assemble furniture and home accessories, has had the Science-Based Targets Initiative (SBTi) approve its plans to reduce greenhouse gas (GHG) emissions from its stores and other operations by 80 percent by 2030. Unrealistic Targets Are Difficult to Back up Scientifically Large […]

Malta Banker Association Chair Says Crypto Will Make Banks Obsolete

Marcel Cassar, chairman of the Malta Bankers Association (MBA), has told The Malta Independent that cryptocurrencies may pose a significant threat to banks, possibly making them obsolete. He suggested that the threat to banking of mainstream cryptocurrency adoption was because “their traditional role as main payment intermediary for funds and currency transmission will become challenged, […]

Mathematician Trailblazing for Bitcoin Privacy with “Scriptless Scripts”

Mathematician Andrew Poelstra is working on a system whereby Bitcoin users will be able to enjoy increased privacy. Poelstra feels that companies have now become completely intrusive, delving into to the lives of users who wish for a certain degree of anonymity as they use the blockchain; data is shared and sold on with no […]

Newly Developed Eye Drops Could Eliminate Need for Eyeglasses by Repairing Corneas

Nanodrops, a patented eye drop solution designed and created by ophthalmologists at Shaare Zedek Medical Center and Bar-Ilan University, may be able to repair human corneas, eliminating the necessity of eyeglasses and curing a variety of common eye-related vision conditions such as shortsightedness and farsightedness. Repairing Corneas with Drops The cornea is the transparent front […]

Crypto Could Break Internet: Is the Bank for International Settlements Mistaken?

The Bank for International Settlements (BIS) has released a paper titled ‘Cryptocurrencies: looking beyond the hype’., in which it lists scaling concerns over widespread adoption of cryptocurrencies, including possibly bringing “the internet to a halt” due to the tremendous amount of data that would be transferred by millions of users downloading swollen blockchains. Essentially, BIS […]

Kerala Using Blockchain to Drive Food Supply Chain in India’s Deep South

The state of Kerala, in India’s extreme south, is adopting blockchain in order to update and streamline its food supply chain to customers. The blockchain is increasingly aiding food production and the flow of food from growth to table around the world, with new concepts appearing almost weekly. Raja Ramachandran, CEO for, a company currently […]

Universities Getting Clever with New Blockchain Courses

Despite Bitcoin’s current downturn, universities are increasingly opening up educational projects for blockchain technology reports Econotimes, with the number of universities and educational facilities running blockchain and cryptocurrency courses growing as financial markets expand and absorb more blockchain-related products. There are now many opportunities for blockchain developers but clearly not enough skilled technicians to fill these gaps. […]