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...
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...
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,...
Modern Tech, which specializes in representing the Vietnamese-based Ho Chi Chi Mihn Initial Coin Offering (ICO), may have done one of the largest exit scams in crypto-currency history after suddenly closing its offices after raising the equivalent of more than $660 million. According to recent reports in the Vietnam News...
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,...
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...
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...
A day doesn't go by that we don't hear of a new big company planning or launching a blockchain based product. Salesforce is known for its progressiveness and fast adoption of new technologies and blockchain is no exception. In an interview with Business Insider’s Julie Bort at the end of March, Salesforce co-founders...
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...
This week, Google announced two new projects. Both projects are mainly based on Blockchain technology. One is a cloud platform and the other is an audit system. As regards the audit system, the company initially filed a patent application in September 2017. According to the filing published by the US...