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Top 10 Blockchain Platforms You Need To Know About
Summary Blockchain has evolved beyond Bitcoin to become a mainstream technology with diverse applications. The Blockchain market is expected to reach $39.7 billion USD by 2025 and $1,431.54 billion by 2030. Blockchain is used in finance, gaming, real estate, supply chain, and healthcare. There were…
Forex Regulator of China Develops a Blockchain Pilot For Trade Finance Solution
State Administration of Foreign Exchange (SAFE), the regulator of foreign exchange reserves, is now preparing itself for setting up its cross-border blockchain for trade finance. News on the development was provided by CNStock, a local financial news agency, on 24 April 2019. It has been built in…
How Thailand’s Largest Bank and State Oil Company Trial is Embracing Blockchain ?
SIAM, the largest commercial bank of Thailand, and PTTEP (PTT Exploration and Production Public Company Limited), the state oil company have successfully conducted a test for using blockchain for the purpose of cross-border payments for business-to-business transactions. The success of the pilot…
Ontology Blockchain Is Gearing Up To Issue Approx. $100 Million Paxos Stablecoins
According to news reports in April 2019, $100 million worth of stablecoins have been issued by Paxos to Ontology. Ontology declared that individuals and businesses will gain access to its fiat-pegged tokens using Ontology’s ONT token. The new version of PAX will follow the OEP-4 token standard of…
Why Data Scientists Should Use Blockchain Technology
Both blockchain and data science deal with data . Here are four reasons why data scientists should use blockchain technology. If you want to keep up with the trends of blockchain industry, join our communities on Discord, Reddit and Telegram.
Architecture of Hyperledger Sawtooth : A Comprehensive Overview
What is Hyperledger? Launched in 2016, Hyperledger is a multi-project collaborative effort hosted by the Linux Foundation. It includes leaders from various industries such as supply chain, technology, manufacturing, Internet of Things, finance, and Banking. It creates enterprise-grade,…
$40.7 Million In Bitcoin Hacked From Binance
Binance, the world’s largest cryptocurrency exchange, has fallen prey to a massive hack attack. Fund withdrawals were frozen by Binance after the internal security system spotted a suspicious transaction following its execution. As mentioned by the company in the press announcement, “The hackers…
Top 3 Japanese Banks To Start Services On The Corda Platform
Introduction Trade finance refers to both domestic and international payments relating to insurance, lending, issuing letters of credit, export credit, and factoring. A whopping 80 to 90 percent of world trade depends on trade finance. One of the main issues with trade finance is the large…
A Bill To Allow Gov’t To Implement Blockchain Solutions Released In Ohio.
The blockchain technology that originated just a decade back has now influenced many nations. The development in the field of Blockchain has impacted business operations of many big names around the world. It has brought in new changes which have paved the way for innovations. The acceptance of…
IBM To Optimize Lenovo’s Data Centers By Applying Blockchain Tech
According to a press release on 25 April 2019, global tech giant, IBM has entered into an agreement with Lenovo, the Chinese multinational technology company, in order to apply blockchain in Lenovo’s customer service. IBM is a US-based computer, technology, and IT corporation which is…
How To Become Adept At Blockchain?
The world became aware of cryptocurrency when Satoshi Nakamoto released Bitcoin in 2009. The tech space is one sphere which is constantly evolving as developers, scientists, government, and the entrepreneurs are involved in continuous efforts to push the boundaries of technology to greater heights.…
Top Devices Eyeing Enforcement Of Blockchain Technology
Understanding Blockchain Technology It wouldn’t be too much to say that blockchain is one of the most awe-inspiring innovations which has taken place since the birth of the internet. It is a digital phenomenon which most people are familiar with. But for those looking for a concise…