Tag: Blockchain Technology

  • IT Security Company Partners With Exchanges and Wallets to Block Usage of Stolen Crypto

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    A Singapore-based IT security company offers a potential blockchain-based solution to help protect individual crypto users and block the use of stolen cryptocurrencies on crypto wallets and exchanges. Sentinel Protocol allows security experts and organizations to collect, share and analyse comprehensive threat intelligence data on its blockchain platform. The information about hacks, scams, and fraud is […]

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  • TRON’s ‘Independence Day’: Tenth Largest Crypto’s Mainnet Activated

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    The tenth largest cryptocurrency TRON (TRX) with a market capitalization of $2.7 billion has activated its mainnet following a migration to its independent public blockchain, according to a blog post published June 25. Styled “Independence Day” by the TRON Foundation, June 25 is marked as the move to TRON’s mainnet, the beta version of which was launched on May 31 […]

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  • Alibaba Offshoot Trials First Blockchain Remittance to Philippines, Plans Global Expansion

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      Laura Desmond Alibaba subsidiary Ant Financial has trialled its first blockchain remittances, sending a transaction in three seconds, Bloomberg reports June 25. The company, formerly known as AliPay, completed a funds transfer between its AliPayHK app in Hong Kong and Filipino payment app GCash, its joint project with local telecoms company Globe Telecom. Part of a growing trend of Blockchain remittances […]

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  • Major European Regulator, Banks Collaborate on Blockchain Warrant-Issuance System

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    Eight major European financial entities have announced they will work together on a blockchaintech project for recording the issuance of financial warrants, Spanish news outlet el Economistareports today, June 25. Spanish securities regulator the National Securities Market Commission (CNMV), along with major stock market operator BME, and banks Santander, BBVA, BNP Paribas, CaixaBank, Commerzbank and Société Générale have […]

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  • VestChain Starts AirDrop

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    Stasia Bold Nowadays there are many challenges inherent to the existing blockchains. Among them the following main problems may be distinguished: Low capacity level caused by permanent data calculation. Progressively growing blockchain data volume, which in its turn causes troubles when there is a full synchronization. High transaction costs. We are glad to present you […]

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  • How Commerzbank Is Throwing Out the Business Blockchain Playbook

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    With a plethora of business blockchains vying for prominence, banks are under increasing pressure to pick a winner – after all, without network effects, surely the benefits would be lost? While that might be conventional wisdom, Commerzbank AG, one of Germany’s largest financial institutions, is taking a different tack. Rather than choose one protocol on […]

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  • EY Launches Blockchain Content Rights Platform in Partnership with Microsoft

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    Global leader in advisory services, EY, in partnership with Microsoft announced a blockchain based solution which facilitates content rights and royalties management. To start things off, Microsoft and affiliated game publishers will be using the solution in the gaming industry, although this sort of a solution can be used in multiple industries where intellectual property(IP) or assets are […]

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  • Walmart Awarded Patent for System That Stores Medical Records on Blockchain

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    By Arthur Swan The retail giant Walmart has been awarded a patent for a blockchain system which stores patient medical records in a highly secured database. This information can quickly be retrieved in an emergency situation if the patient is unresponsive with first responders. In order to secure the privacy of patients, medical information stored on […]

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  • Zcash Pays Off Developer to Avoid Blockchain Split

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    Despite the best efforts of zcash developers to keep the cryptocurrency’s coming upgrade, Overwinter, as seamless as possible, the $800 million network was faced with a plot-twist this week. Mere days before the update (a hard fork of the code) was set to execute – a developer decided to effectively threaten to split the network – if he […]

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  • Blockchain Sports Betting App to Predict Outcome of World Cup Matches

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    A blockchain-based application that helps sports fans receive “reliable and transparent” betting advice has launched its main platform – only a couple of days after the football World Cup kicked off in Russia. BlitzPredict aims to provide innovative solutions to the issues that have plagued the betting industry in recent years by recording predictions on […]

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