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Business News

Artist Ai Weiwei Uses Ethereum to Make Art About ‘Value’

cryptocurrency August 17, 2018

Chinese artist and activist Ai Weiwei has partnered on a new art project that utilizes a pair of newly-minted ethereum-based tokens. Advertisements Motherboard reported Friday that Ai – well-known for his criticism of China’s Communist government as well as his art installations and photos – is working with Irish conceptual artist Kevin Abosch. Together, Ai […]

Microsoft Rolls Out ‘Proof-of-Authority’ Ethereum Consensus on Azure

cryptocurrency August 9, 2018

Microsoft has just rolled out an additional consensus mechanism for clients building ethereum-based apps on Azure that does away with mining. Advertisements Called “proof-of-authority,” the mechanism notably replaces the proof-of-work mining process that is common in public blockchains. However, it is only applicable in a permissioned network scenario – that is, on private or consortium blockchains […]

Blockstack’s First Business App Wants to Help Employees Earn More Crypto

cryptocurrency July 30, 2018

If cryptocurrency is decentralizing the world of money, a new bitcoin wallet startup thinks it could also help decentralize the world of work. Advertisements Revealed exclusively to CoinDesk, Misthos launched its multi-signature wallet Monday on top of Blockstack‘s decentralized application platform. One of the first enterprise products launched on Blockstack, the wallet is designed for […]

BitGo Adds 57 Ethereum Tokens In Largest-Ever Custody Service Expansion

cryptocurrency July 10, 2018

The wider world of crypto tokens is becoming a bit more accessible to institutional investors. Advertisements The security startup BitGo exclusively told CoinDesk on Tuesday, July 10, it will expand its suite of custody products and services to support 57 new ethereum assets, a move driven by demand for services that safeguard private keys – […]

Big Insurers Are Uniting Behind R3’s Blockchain Tech

cryptocurrency July 5, 2018

R3 has scored another win in the insurance sector, giving the startup a wide lead over other distributed ledger technology (DLT) providers in the sector. Advertisements Revealed exclusively to CoinDesk, the RiskBlock Alliance, whose members include such insurance heavyweights as Chubb, Marsh and Liberty Mutual, has decided to build its first set of use cases using […]

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