Back in October, Chinese President Xin Jinping promoted the use of blockchain technology by and for the Chinese economy and provided the public with unadulterated access to the nation's BSN network. However, he could not predict what would ensue in the following months. Following the outbreak of the Coronavirus in Wuhan, the chances for a successful…
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Attempts have been made for decades to use technology to improve voting processes. Unfortunately, many of these moves have failed to achieve their goals. The Democratic caucus fiasco, which has occurred due to a faulty app, is the latest example. Blockchain technology may now hold the key to much more secure, and representative elections. A…
The U.S. Federal Maritime Commission is making a decision on the official approval of the TradeLens platform, as stipulated by an agreement made between IBM and Maersk and the participating parties i.e. cargo transport companies. Starting on January 11th, 2020, the Agreement is passed into the public domain and comments are accepted until the 23rd of…
Gemini, the exchange founded by Tyler and Cameron Winklevoss, continues to make inroads toward its goal of becoming a mainstream, respected financial institution. It has recently announced that it has passed a high level security audit conducted by Deloitte, which marks a significant milestone in the crypto space. Whereas Gemini’s accomplishments are impressive, they highlight…
The food and transport industries are embracing blockchain technology to realize a more transparent and efficient future. At the same time, very little is done in one industry where blockchain can provide a significant amount of value to consumers. Big-name fashion, clothing, and shoe brands are the ones that stand the most to benefit, while at…
As platform development rapidly accelerates, stablecoins continue to occupy a unique place within the blockchain space. These digital currencies, which are backed by hard assets, are widely derided by crypto purists. Nevertheless, as a means of storing and transferring wealth their popularity is growing rapidly. Now a number of recent moves indicates that they are…
Oklahoma's Senator Nathan Dahm has drafted a new crypto positive bill which is to be introduced on the third of February, 2020. The bill contains a lot of crypto positive implications and can be considered a strong determining factor for the future of cryptocurrency in the state. One of the most important parts of the bills…
Blockchain technology is typically associated with software applications, but as the space progresses hardware based on it is beginning to emerge. This move is designed to make distributed ledger platforms more efficient and user-friendly. At the current rate of development, devices with integrated blockchain functionality will soon be common, which promises to usher in a…
The Sacramento Kings, a Californian NBA team announced their second blockchain platform "Kings Live Auctions" on January 15th through Twitter. In the past, the team has also created a blockchain-based rewards program for their fans. The platform is a live auction bidding marketplace built on Ethereum, where the team will offer official game-worn merchandise to their…
Transportation and logistics have long been seen as a perfect fit for blockchain technology. It is estimated that before the end of this decade most of this sector will be almost entirely blockchain based, creating both tremendous savings as well as improving security and trust. The food industry is clearly taking notice, with producers across…
