blockchain News

Blockchain Effort Gets Down to Business

To support enterprise-class blockchain applications, there’s a need for frameworks and methods that can guarantee dependability and trust at all times without sacrificing the distributed nature of the blockchain idea. That’s why ETSI created an industry specification group on permissioned distributed ledger (PDL) technologies. In the decade since its creation, Bitcoin has demonstrated the potential […]

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Time to Chain Up: Is Blockchain About to Change the Gaming Industry?

The gaming industry has grown dramatically in recent years, partially because the world of video games is keeping up with the latest technological advances and even tries to get ahead of them. As such, it couldn’t bypass the blockchain. It’s not surprising that, from time to time, gaming companies announce the development of games based on […]

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Japan Data Initiative Brings Blockchain Security to 100 Major Businesses

A data-sharing initiative involving one hundred of Japan’s biggest companies will use blockchain for its security, English-language news outlet Nikkei Asian Review reported on June 17. The project, which will commence in spring 2020, aims for participants to share production data in order to enhance overall efficiency. Its controller is the Industrial Value Chain Initiative, an industry organization formed four years […]

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US State of Nevada Passes Flurry of Blockchain Bills

Nevada passed regulatory sandbox legislation aimed at continuing blockchain investment and entrepreneurism in the state. Governor Steve Sisolak signed the “blockchain bills” on June 7 and 13. These are parcel to a number of bills passed in the state that support the continued growth of financial technology and blockchain. In February of this year Nevada […]

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China’s Latest Crypto Rankings: EOS Retains Top Spot, Bitcoin in 12th Place

China updated its cryptocurrency rankings on May 23 — with eos retaining the top spot and bitcoin moving up three places. The government-sponsored index assessed each blockchain on three criteria: technology, application and innovation. Joining EOS in the top five was tron, ether, steem and ontology. Despite its dominance in the crypto industry overall, Bitcoin was in 12th place. While it scored well for creativity, it placed behind EOS in […]

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Computer Researcher Finds Wallet Vulnerability That Gave Same Key to Multiple Users

Online cryptocurrency paper wallet creator WalletGenerator.net previously ran on code that caused private key/public key pairs to be issued to multiple users. The vulnerability was described in an official blog post by security research Harry Denley of MyCrypto on May 24. According to the post, the bad code was in effect by August 2018, and was only recently patched out as […]

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Report: Chinese E-Commerce Giant JD.com Has Applied for Over 200 Blockchain Patents

Chinese e-commerce giant JD.com has applied for over 200 blockchain patents, according to a report by Securities Daily News on May 20. The report also notes that major e-commerce competitor Alibaba has applied for 262 blockchain patents, and Chinese internet titans Tencent and Baidu have applied for 80 and 50 such patents, respectively, as recorded by the Intellectual Property Center of China Information and Communication. According to interpretation of the […]

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New Zealand Blockchain Group to Request Government Blockchain Strategy

New Zealand-based blockchain industry group BlockchainNZ announced that it will request a national blockchain strategy from the government next Thursday, according to a press release on May 21. The executive director of Blockchain NZ, Mark Pascall, will give a presentation to the New Zealand parliament’s economic development, science and innovation select committee hearing on the potential economic advantages of implementing blockchain […]

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Decentralized Identity: How Microsoft (and Others) Plan to Empower Users to Own and Control Personal Data

Microsoft, one of the world’s largest software makers by revenue, is currently on a blockchain streak. This time, Microsoft presented a vast blockchain-related plan: a decentralized identity(DID) network built atop of the bitcoin network, which can potentially empower users all over the internet to take control over their personal data and content. Earlier in May 2019, the United […]