Blockchain

What Kind of Blockchain Technology Will Help Revolutionize the Banking Sector?

Hardly a day passes without news on how the banking sector is looking to blockchain technology to help transform parts of their business. The attraction of savings to running costs and operational efficiencies that the technology offers is driving ...

BitTorrent Sells for $120m to TRON Founder Justin Sun

BitTorrent was one of the first to enter the peer-to-peer space and at its peak boasted around 250 million users. It has now been sold to Justin Sun and his blockchain-powered TRON platform for the reported sum of $120 million US Dollars. Reports ...

Cryptocurrency scams – Staying safe in a sea of thieves

Rarely does a day pass where an average crypto “enthusiast” doesn’t hear the word scam being mentioned in the same breath as his favorite past time. Whether it came from reading an article about a fresh new exit scam or hearing a friend ask for the ...

How Blockchain Is Changing the Banking Industry

Blockchain has created a buzz in financial services unlike anything else in recent memory. Since being introduced to the technology through the rise of Bitcoin, the industry has been awash with talk of blockchain and its potential impact. Some see ...

What is Proof of Elapsed Time (PoET)?

A few years ago, chipmaker Intel has come up with its own alternative consensus protocol called Proof of Elapsed Time (PoET).  The concept by Intel as part of its HyperLedger Sawtooth Open Source technology, which is no surprise, because it is ...

Morgan Stanley calls for central banks to use cryptocurrency to deal with a financial crisis

A recent report from Morgan Stanley’s research team revealed an interesting use case for cryptocurrency. In the mentioned report, researchers claim that central banks could use cryptocurrency to aggressively cut future interest rates, which would ...

Chinese government starts a rating index for 28 crypto coins

Previously known for flat-out banning ICO’s on its territory, many have questioned the Chinese willingness to accept cryptocurrency as a valid means of transacting and preserving value. As of late they’ve shown signs of not rejecting crypto ...

Blockchain startups are opening new frontiers in the world of travel

The blockchain technology has been digitalized for only nine years and has already taken the world’s economic standards and shook them from the ground up. Whereas previously a financial system without a middleman couldn’t be imagined, now ...

Cryptocurrency airdrops – a complete guide to free coins

Cryptocurrency developers are finding it harder and harder to encourage mass adoption of their coins. The fact of the matter is that the market is oversaturated, with over 1500 cryptocurrencies available for potential customers. And we are ...

Public vs. private blockchains

Blockchains of data have existed for quite some time now, and their main purpose was to record data on an open, decentralized ledger that is resistant to modification. The creation of Bitcoin in 2009 was the first time we saw a distributed public ...