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…
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…
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…
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…
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…
Politicians and regulators are growing increasingly aware of the significance of blockchain assets, and have begun scrambling to create rules intended to reign in the open market activity that is a hallmark of crypto use. In Europe, the Fifth Anti-Money Laundering Directive (AMLD5) has now taken effect, which directly addresses a range of cryptocurrency-related issues.…
More than ever there is debate among crypto advocates over the future of Bitcoin. Some assert that its future as the flagship blockchain asset is secure, whereas others claim that it will eventually lose its top status to a better designed altcoin. Now that a market recovery appears to be underway, the critics are becoming…
Blockchain technology is on track to make significant changes to a number of global economic sectors, and as the space matures, decentralized finance (DeFi) is clearly in the crosshairs of the upcoming revolution. Over the course of the past two years, as overall crypto values have declined, the amount of cryptocurrency connected to DeFi has…
As one of the oldest and most established cryptocurrencies, XRP has long been marked by its steady progress and highly focused mission. Like most other established blockchain platforms, its value has been extremely volatile, yet this issue has not slowed its development. XRP now sits in a strange place. It is ending the year on…
On January 3rd the United States military killed Iranian general Qasem Soleimani with a targeted drone strike, an act that rapidly escalated tensions between the two hostile nations. The cryptocurrency market responded quickly, with prices quickly moving up. Notably, Bitcoin jumped almost four percent, reaching USD $7,250 within a matter of hours. In the days…