NEW YORK/ZURICH – The Tezos cryptocurrency project is preparing to launch the long-awaited main version of its network that underpins a new virtual token on Monday, a Swiss foundation that promotes the initiative said on Twitter on Friday. The Tezos Foundation raised $232 million in July 2017 to build the network and issue a new …
Private blockchains (also called permissioned blockchains) may be controversial, but they have their advantages. Here’s how they compare to public blockchains. Public blockchains are very open: anyone can join, become a node, or look at the transactions history. There’s no verification process before acceptance, and if you no longer wish to verify transactions, you can stop without penalty. …
The Difference Between Public and Private Blockchains Read More »
Financial services giant Mastercard has invented a blockchain system that it believes can simplify business-to-business (B2B) transactions in a high-volume enterprise environment. That system is outlined in a series of three patent applications filed by the New York-based multinational firm in March, made public on Thursday by the US Patent & Trademark Office (USPTO). Writing in one filing, the …
Mastercard Thinks Blockchain Can simplify b2b Transactions, Fills 3 Patent Applications Read More »
If you’re new to the world of cryptocurrency and the blockchain, it’s easy to feel overwhelmed by all the new words and phrases you’ll come across. What is a hash? Or a DApp? And what on earth does “hodl” mean? Here’s the only blockchain and cryptocurrency glossary you’ll ever need. 51 Percent Attack The blockchain’s …
Although it emerged from the field of cryptocurrency, blockchain’s tamper-proof, decentralized technology has important implications not only for the financial industry but for real estate, insurance, the law and other areas. Blockchain functions like a constantly-updated database distributed among a network of computers, instead of being controlled by a single entity. Emin Gün Sirer, associate …
Token structuring and tokeneconomics are among of the most important considerations when designing a blockchain. When thinking about how best to distribute these tokens, founders often think about how the tokens will impact external stakeholders such as their investors, the community, and stakers (people that can mine or validate block transactions according to how many coins …
Tokens can Better Incentivize Startup Employees than Equity Read More »
Protecting medical records with blockchain Blockchain technology provides a secure basis for protecting medical records and with it, patient privacy. Several new providers of medical record technology have emerged and are causing considerable disruption of the sector. The reason why blockchain is being taken up by health establishments is due to the additional security and …
With blockchain technology revolutionizing the way corporations handle data management, IBM announced the release of their Blockchain World Wire in July 2018. With this, the blue-chip firm offers yet another way how businesses can use the innovation to stay ahead of the competition. Payments 3.0 In an increasingly globalized world, corporations partnering with other enterprises in different …
IBM Uses Stellar Lumens Blockchain to Create Blockchain World Wire Read More »
CHICAGO, Sept. 5, 2018 /PRNewswire/ — Fidelity National Title and Building Block REIT announced a strategic alliance today. In its first phase, the alliance will cooperate their respective marketing and sales efforts in the greater Chicagomarket and jointly pursue client opportunities. It is anticipated that both companies will extend their capabilities by leveraging their combined strengths to deliver greater …
Fidelity and Blockchain Startup Building Block REIT Announce Alliance Read More »
On Wednesday (5 September 2018), payment service provider firm TransferGo announced via Finextra that it was using Ripple’s technology to enable payments from Europe to India in under 30 minutes. According to the information on TransferGo’s website: “TransferGo is an international cheap money transfer company for migrant workers who want to send money back to their families without paying excessive …
