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Month: October 2018

cryptocurrency October 10, 2018

‘Sandboxed’ crypto exchange Rain attempts to be the region’s first exchange with central bank approval. Distrust and cultural challenges, however, mean it has a steep hill to climb. Advertisements The Gulf Cooperation Council (GCC) – the economic union consisting of Saudi Arabia, Bahrain, Kuwait, Oman, Qatar, and the United Arab Emirates – may have its […]

cryptocurrency October 10, 2018

The governor has signed into law a bill that makes it legal to put certain corporate records on a blockchain. Advertisements California governor Jerry Brown has signed into law a bill that will make it acceptable to keep certain legally required corporate records and communications on a blockchain. According to the bill’s summary, the new […]

cryptocurrency October 10, 2018

Another blockchain patent for Mastercard. Advertisements According to a patent awarded yesterday by the US Patent and Trademark Office, credit card giant Mastercard is developing a system to generate blocks for a partitioned blockchain. Specifically, the patent would allow for a permissioned blockchain capable of supporting multiple cryptocurrencies at the same time. The patent, which […]

cryptocurrency October 9, 2018

“Smart Money” could ease confusion over who gets paid and when. Advertisements The Commonwealth Bank of Australia (CBA) and the Commonwealth Scientific and Industrial Research Organization (CSIRO) have developed an application to test whether blockchain technology can increase the efficacy of insurance payments, according to an official October 9 announcement from CSIRO. According to the […]

cryptocurrency October 9, 2018

But neither Ethereum nor EOS are stationary targets for the upstart network. Advertisements The TRON Foundation is currently completing a mainnet upgrade of the TRON blockchain, which includes TRON Virtual Machine (TVM) and its smart contract functionality. Founder Justin Sun tweeted his anticipations for the platform yesterday, telling Dapp developers that TRON would be for […]

cryptocurrency October 8, 2018

The blockchain platform is getting bigger with the addition of a European superstore. Advertisements Technology powerhouse IBM announced today its blockchain-based network, dubbed IBM Food Trust, is now “generally available” to participants in the food industry after 18 months of testing. Perhaps just as significant, one of Europe’s leading superstore chains, Carrefour, has joined IBM’s […]

cryptocurrency October 6, 2018

Reports this week show that two mining pools, Etherdig and F2Pool, are publishing significant numbers of empty blocks and making a lot of money. While they’re not technically breaking any rules, their actions do present a security risk. Here’s how they might be doing it. Advertisements Apparently, some Ethereum miners are reaping significant rewards by […]

cryptocurrency October 5, 2018

After a bill aimed at establishing a definition for blockchain technology was introduced in Congress, a few in the crypto community raised concerns. Drew Hinkes, lawyer and co-founder of startup investment bank Athena Blockchain, was one of them. Advertisements Representatives Doris Matsui (D-CA) and Brett Guthrie (R-KY) submitted a bill to the US House of […]