On the 8th of May, a planned improvement to the Ethereum network is being released by the developers. This upgrade is a new and improved version of Casper , the Hybrid Friendly Finality Gadget. This update intends to move the network away from mining-related issues as was becoming increasingly frequent with the old implementation.…
Recently, a massive wave of articles has been discussing the question whether Bitcoin was using too much electricity to be sustainable. Since Bitcoin's Proof-of-Work does use a great amount of power, questions arise if it is still the best and safest solution to secure a blockchain network? This article searches for the answer from…
Fujitsu Direct Store has introduced the “Fujitsu Intelligent Society Solution Blockchain Asset Service” on June 6th, 2018. The newly introduced system tokenizes coupons and loyalty points and makes them storable and usable by transferring the information onto a blockchain. This implementation should provide faster data transfer and storage on customer’s transactions in a decentralized register. The company…
In a story published on June 6th, Finews.com reported that Hypothekarbank Lenzburg is the first bank to formally open up towards cryptocurrency projects in Switzerland. They will offer business accounts for local blockchain and cryptocurrency companies. Being a smaller bank does not stop this technology-based banker to take charge and lead the market. In the words of Marianne…
Research shows that 65% of major exchanges and wallets have ignored KYC processes. Conducted by P.A.ID strategies , an analyst and consultant company that aids in the business development and project delivery. Commissioned by Mitek, a provider of digital identity solutions. Together they have revealed that leading crypto exchanges and wallet providers across…
Cyber attacks and website downtimes are very regular events for cryptocurrency related service. One of the largest cryptocurrency exchanges, Bitfinex, suffered a cyber attack on Tuesday morning, 5th June. Bitfinex used Twitter to provide updates for their users. The first tweet read as following: Trading and funding is currently paused whilst we undergo unplanned maintenance. All…
The world of cryptocurrencies is diverse, to say the least. There are blockchains cropping up for all sorts of use-cases, ranging from payment platforms and digital identity systems, to ambitious offerings such as decentralized operating systems, file storage, and voting systems. Out of all blockchain aspects, platform-based cryptocurrencies tend to be met with the most…
HodlHodl is a decentralized peer-to-peer (P2P) cryptocurrency exchange platform that was launched on February 11th, 2018. The platform provides easy access for users and visitors to trade efficiently. The primary focus of the exchange is Bitcoin and Litecoin, but you can sell for other cryptocurrencies as well. The website facilitates exchanges of cryptocurrencies to fiat…
On May 31st, T he Netherlands’ Land Registry (Kadaster) gave a huge thumbs up for blockchains, as reported by the Dutch tech news portal “Computable”. The Kadaster is going on board with the implementation of blockchain technology and Artificial Intelligence (AI) in the national real estate market. The Netherlands has a 200-year tradition of being up-to-date…
Over the years, decentralized systems have been used several times for charity funding. A large number of charities and fundraising foundations have started to implement blockchain technology for their donations. Usually, those are the two main networks of the cryptocurrency ecosystem, Bitcoin and Ethereum. The charities belong to various and significantly different sectors of society.…
