Two of the largest bitcoin mining equipment manufacturers in China are looking to test the interest of international investors in cryptocurrency by aiming to raise up to $1 billion each in what is expected to be the large bitcoin-focused floats thus far. Zhejiang Ebang Communication began discussion with advisers in preparation for a Hong Kong Float. We know…
Bitmain Technologies is the leading developer and retailer of bitcoin mining chips (ASICs). They are the creators of the most power-efficient miner, the Antminer S9, and run the currently largest bitcoin mining pool, Antpool. Huawei also doesn’t need any introductions since it is China’s third largest smartphone producer and a brand that has worldwide recognition…
Until the end of 2017, Bitcoin and cryptocurrency markets mostly consisted of private investors with a relatively small number of companies who understood and foresaw their potential. However, after VC Mangrove Capital published their report "Tokenisation: Implications for the venture capital industry", explaining that an investment in every ICO ever launched, even the failed…
As one of the frequently discussed features of cryptocurrencies, smart-contracts are perhaps the most disruptive component of blockchain technology. First proposed in 1994 by the cryptographer Nick Szabo, smart-contracts were initially described to be functional upgrades of their paper-based predecessors and containing the protocols and terms necessary for one or more parties to execute a…
The Taiwan-based company, High Tech Computer Cooperative (HTC), is set to launch their first blockchain-powered phone; but without a specified timeline and hopefully for global distribution. It is unclear whether this announcement was in response to Huawei and Sirin Labs, offering their blockchain phone for $1000 in pre-order. This move makes HTC a solid contender for the…
Bitcoin, and cryptocurrencies in general, have gained a lot of popularity over the last year, with hopes of reaching new highs soaring, as well as them getting attention by various technology entrepreneurs and enthusiasts during many different events happening around the world. The ‘We Are Developers’ World conference in Vienna, Austria was one of this…
After the incident of the recent international sanction placed on Iran and Russia, the financial systems of these governments have been at the verge of collapsing, and cryptocurrency seems to be the only hope for the economic rejuvenation of the two countries. The Iranian Commissioner for Economic Affairs –Mohammed Reza Pourebrahimi -has urged the central…
Amazon, America’s tech giant and largest internet retailer in the world, is set to partner with Kaleido, a start-up that will work to provide a one-click blockchain solution for AWS, in a joint venture aiming to allow companies to create their own blockchains and cryptocurrencies without investing too much time redeveloping the technology behind them,…
Blockchain was initially developed as a fiat currency’s digital alternative, but its features soon found practical use in other industries as well. Decentralized digital ledgers can provide a lot of value to various organizations and entities, especially if they are dealing with some of the most significant issues that plague humankind. Blockchain significantly lowers the…
HSBC Holdings, in a joint effort with the Dutch bank ING, successfully executed the world’s first live financial transaction using a blockchain platform with the food and agricultural trading group, Cargill. The convenience for testing was that Cargill was the exporting and importing company. Namely, Cargill based in Switzerland exported soybeans in the name…
