There has never been a better time to be a blockchain developer or cryptographer than right now. With the great rise in both value and prominence of cryptocurrencies in 2017, we've seen an unprecedented rise in the demand for blockchain developers. Global giants like IBM, Oracle and SAP are betting big on blockchain technology and…
Technology
ZhongAn Technology is the tech innovator / developer of Chinese insurance technology. ZhongAn Online , the only online insurance company in China, is set to revolutionize the chicken supply and quality control industry of about five billion chickens consumed every year, by implementing a blockchain system to streamline quality control. ZhongAn Tech started developing a…
Switzerland has always been seen as the center of the world’s wealth management industry with a secure and reliable bank system and practices. It is not surprising that it is also one of the first economically developed countries to take a pragmatic approach to digital currencies and its development by straightforwardly acknowledging its potential to…
West Virginia made history when it announced that it would pilot the use of a blockchain in a federal election, becoming the first state in the US to do so. The pilot will be limited to the two counties, Harrison and Monongalia, and will only be availed to servicemen that are deployed as well as…
The U.S National Security Agency has been secretly spying on the Bitcoin blockchain for over five years now. This is according to classified documents that were released by the infamous U.S whistleblower, Edward Snowden. While at first, the surveillance involved monitoring the decentralized ledger for any criminal elements, the NSA later started gathering information about…
Huawei Technologies Ltd, the Chinese phone maker plans to develop a blockchain-ready smartphone. In a move that could propel the blockchain technology to mainstream adoption, the company is working with Sirin Labs to license the SIRIN OS which will support decentralized applications. The SIRIN Operating System The SIRIN OS is an operating system developed by Sirin Labs…
We are used to thinking about "proof-of-work" and "proof-of-stake" as the optimal method for blockchain consensus mechanisms, but there are other ways that blockchain implementations deal with the confirmation and double spending issues. Specifically, in this article, we are going to explore how "Proof of Burn" (PoB) is working out for a cryptocurrency called Counterparty (XCP).…
When it comes to digital marketing in today’s market, there are several companies like Google or Facebook that dominate the advertising space. It is a $1 billion dollar industry that consists of advertisers, publishers, and users. Over the years, digital marketing has grown to an opaque and inefficient marketplace that has many downsides. When you…
From the moment Bitcoin was released, advocates were quick to point to its ability to enable rapid, inexpensive transfers of fiat between people, institutions, and across borders. Although there is certainly a debate over the extent to which crypto will one day replace centralized fiat, there is no doubt that it is rapidly becoming a…
Cryptocurrencies rose to prominence in 2017, fuelled by their decentralized setup, giving back power to the people. Developed nearly a decade ago, Bitcoin was a cryptographer’s response to the 2008 financial crisis and Satoshi Nakamoto’s aim was to take away absolute power from a few individuals and entities to distribute it to everyone. Nakamoto embedded…