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IoTeX Soared All-Time High After DeFi and Amazon Web Services Integration

According to the latest announcement, after DeFi and Amazon Web Services integration, IoTeX (IOTX) rallies 300%, setting an all-time high. The IoTeX is an open-source platform that is designed to empower new gen of secure and privacy-protecting smart devices in order to feed the machine economy. It strives for a borderless ecosystem where humans and…

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Chinese City Plan to Adopt Blockchain for Several Use Cases

During the 2020 Chengdu Global Innovation and Entrepreneurship Fair, Lu Tiecheng, secretary of the Party Group of the Chengdu New Economy Committee, published the Chengdu Blockchain Application Scenario Supply Action Plan which states that the city aims to adopt blockchain technology for various use-cases. According to the “Action Plan,” authorities of Chengdu plan to adopt…

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Is EOS a Scam and Not a Blockchain?

What is EOS?   EOS is a smart contracts protocol powered by blockchain for developing, hosting, and executing decentralized applications (Dapps). The first testnets and the whitepaper of EOS were launched in 2017 while it was launched as open-source software in 2018. Developed by block.one, a startup registered in the Cayman Islands, it is led…

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FCC To Leverage Blockchain To Manage Wireless Spectrums

Federal Communications Commission (FCC) is an independent U.S. Government agency which is overseen by the Congress. It regulates international and interstate communications through satellite, wire, television, cable, and radio in 50 states of U.S. territories and the District of Columbia. It is the federal agency which is vested with the responsibility of enforcing and implementing…