Ethereum Watch

October 11, 2018 10:33 PM Advertisements Earlier this month, an IMF report fretted about cryptocurrency’s risk to economic systems. Another international body is worried, too. In the wake of the IMF’s denouncement of cryptocurrency’s risk to the world economy, G20 advisor the Financial Stability Board (FSB) has upped its previous assessment of crypto in a […]

The banking committee today heard blockchain offers “otherwise unattainable benefits.” It also heard it is just a “glorified spreadsheet” that will never produce anything of value. Advertisements Members of the US Senate have made yet another effort to find out what cryptocurrency and blockchains are. Two months ago, it was the energy committee’s turn. Today, […]

October 11, 2018 11:43 PM Advertisements For starters, the agency didn’t like the company using its logo without permission. Anyone who has participated in the crypto sphere in the last few years knows it has attracted malicious actors willing to do just about anything to make a quick buck. Advertisements Just yesterday, the North American […]

Advertisements Source: CoinDesk

‘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 […]

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 […]

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 […]

“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 […]

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 […]

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 […]