Former Goldman Sachs executive Breanne Madigan has joined Blockchain, a cryptocurrency wallet provider. Madigan will work on bringing more institutional clients to Blockchain, CNBC reported today.   Madigan has big experience in heading a division for institutional wealth at GS, which had a total of $1.49 trillion of assets under its...
A coal-fired power plant will be reactivated and a blockchain centre will operate within it. The technology company named IOT Group wants to make the Hunter Valley Australia's next technology mecca, having signed an agreement with Hunter Energy Corporation to reactivate an old coal-fired power plant that was shut down...
Since the first decentralized blockchain-based cryptomoney (Bitcoin), there have been attempts to take over the network, which is called a "51% attack". 51% attack refers to an attack on a blockchain – usually bitcoin's, for which such an attack is still hypothetical – by a group of miners controlling more than 50% of the network's mining hashrate,...
The ecommerce industry has seen tremendous growth in the last decade and it doesn’t look to slow down anytime soon. 2017 alone favored global retail e-commerce sales to the tune of 2.3 trillion dollars which is a trillion dollars extra to what it was in 2014. This figure is likely...
During the HM Treasury Select Committee debate which was help in Parliament this morning, the MPs were told that Blockchain has a ‘very little obvious benefit to society’. There has been a serious debate among the MPs as to the level of risk that digital currencies hold for the consumers,...
The blockchain is an extremely innovative invention. However, in order to function, it needs a consensus algorithm that is both efficient and secure. Such an algorithm ensures validity and keeps the blockchain safe from manipulation. Proof of work (PoW) and proof of stake (PoS) are the most commonly used consensus...
The city of Austin, Texas, is using blockchain to provide help for those who need it most: homeless people. Blockchain has seen a meteoric rise in popularity in the last year, mostly thanks to a bitcoin price surge. Ever since then, people are coming up with ideas on how to...
Various economics faculties at Brazilian universities are involved with crypto currencies. In addition, there are many research projects and master's courses on the subject worldwide. The Brazilian university Fundação Getúlio Vargas in São Paulo is starting a Master's programme focusing on crypto currencies. Cryptos arrived at Brazilian university According to reports,...
Blockchain technology adoption is spreading around the world like a virus. Next one in line of infected companies is Samsungs, world's largest manufacturer of smartphones and semiconductors. It is reported today, that Samsung is considering blockchain for their supply management. Samsung has a worldwide network of storages and daughter companies...
Chainalysis was in the headlines couple of days ago having raised around $16 million dollars from investors. You can think of Chainalysis as a blockchain detective. The New York-based firm is best known for its forensic tools that help law enforcement agencies track the movement of bitcoin, but it also...