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How Blockchain Technology is Changing the Way We Share Content
The internet depends on content. Without videos, graphics, text, and even things like memes, the online world would be an entirely different place. The people who create that content — video artists, writers, graphic designers and so on — are responsible for the main reason many of us visit the internet at all. They’re a crucial part of the web, but they aren’t rewarded nearly well enough for their efforts. That’s an issue for all sorts of reasons, and it’s frustrating for the people who can see a real market for their content but struggle to make a living...
EOS Brings Tesla Data On Board? Blockchain Connection for Electric Cars
The EOS project is still months away from a stable main net, but there have been talks of securing and distributing data from Tesla electric cars. The Tesla Ridershare platform will share some of the Tesla car data with the EOS blockchain, announced Rahul Sonnad, Tesloop CEO and co-founder. BREAKING NEWS: according to Rahul Sonnad, Tesloop CEO and co-founder,Tesla cars will be added in the EOS blockchain, now in test, production on summer 💪🏼 See the video at 39’40”https://t.co/JX94f3Yf5C@eosnewyork @eos_news @go_eos @BrendanBlumer @TBCox @EOS_io — EOS Italy (@EOS_Italy) April 3, 2018 However, the EOS blockchain will only handle limited data related to...
Google will Create its Own Blockchain in the Future: Report
Google has been watching startups get ahead of the company with various blockchain projects, but now it has decided to take a major step. Citing credible sources, Bloomberg is reporting that Google is planning to create its own blockchain and offer cloud and transactional services through it. “The Alphabet Inc. unit is developing its own distributed digital ledger that third parties can use to post and verify transactions,” said one of the sources. Google cloud platform offers various products in computing, storage, networking and other tools. While the company promises security through Identity-Aware Proxy and multiple factor authentication, centralized computing network still poses a...
Israel: Steps Toward Cryptocurrency Support?
In terms of technological innovation, Israel has been labeled by some as “The Startup Nation” with Israeli ventures raising over $5 billion in capital in 2017. This is almost 10% of China’s yearly fundraising total. While there’s a number of popular applications, platforms, and products including USB flash drives, the Waze navigation app, SodaStream carbonation machines, the country has set its foot in the crypto industry as well. Back in 2017, Hapoalim, Israel’s largest bank, partnered with Microsoft to create a Blockchain-powered platform to “make the process of signing up guarantors simple and quicker.” And in February 2018, the Israeli Tax Authority (ITA) stated that cryptocurrencies will be taxed by the capital...
IBM Rocking The Blockchain Tech Related Projects – 400 And More!
The leading giant in the IT Sector – IBM has declared that accordingly with 63 blockchain clients, the firm is working on 400 projects that are supported on the technology. Names like Visa, Nestle, HSBC, Walmart and more are in the list of clients out of which 14 are concentrated on food tracking and global payments out of a total of 25 that are targeting the global trade in general – according to a report from Business Insider. Sponsored IBM Chief Financial Officer – Jim Kavanaugh, in the beginning of the year stated: For us, blockchain is a set of...
Bitmain Wants to Create Private Central Banks on the Blockchain
There are always intriguing developments taking place in the cryptocurrency world. Bitmain, the world’s leading cryptocurrency mining hardware manufacturer, wants to invest in startups. That in itself is not surprising, but the company’s end goal is a bit of a surprise. They seemingly aim to create private central banks on top of blockchain technology. It is evident the terms “central bank” and “cryptocurrency” do not mix all that well. In fact, these terms are almost mutually exclusive, especially in a positive manner. That hasn’t kept companies from trying to build their own blockchain-based bank solutions, though. For some reason, Bitmain...
Walmart To Implement Blockchain-Based Delivery System
The application of US retail giant Walmart to patent its “Smart Package” system has been released by the US Patent and Trademark Office (USPTO) on Thursday, March 1, Fintech Finance reports. Walmart’s “Smart Package” patent employs a Blockchain-based tool to track package contents, environmental conditions, location, and other details. The device described in the application is intended to be used in new technologies like autonomous vehicles and unmanned drones. According to the application, Blockchain will record the "key addresses along the chain” such as “seller private key address, a courier private key address, and a buyer private key address." In the patent application, Walmart noted the need to...
Tech Behind Cryptocurrency Unites with Cannabis
Dude, where’s my weed? It was only a matter of time before blockchain and cannabis — two of the latest Wall Street trends shaking up the old finance guard — would join forces, the Post reports. Sponsored It’s a “marriage made in heaven,” André van Regenmortel, chief marketing officer of düber Technologies, a creator of technology platforms for cannabis companies, said at New York cannabis event Tuesday. The fragmented nature of the cannabis industry has proved to be a major buzzkill for members all along the supply chain, Regenmortel noted. Enter blockchain — the ledger system underpinning most cryptocurrencies...
Ripple Expands its List of Partners With Five More
Not many other blockchain companies can boast new partners on a weekly basis. Ripple is one that can and, love it or hate it, the San Francisco based global payments provider has added to that list of over a hundred with five more this week. In addition to banks in Brazil and India, Singaporean and Canadian money transfer service providers have also joined ranks with Ripple. According to reports Brazilian Bank Itaú Unibanco and remittance provider BeeTech have joined RippleNet in order to facilitate faster and cheaper global funds transfers. Indian bank IndusInd is also onboard alongside Canadian company Zip Remit who...
Phone Numbers Becoming Backdoor to Crypto Accounts
Hackers have discovered that the easiest and most direct way to steal cryptocurrency is to first steal phone numbers. Hijacked phone numbers are used to drain crypto accounts A growing number of online crimes begin with hackers persuading cellular phone companies to transfer a victim’s number to a device of their own. In many cases this allows the hacker to reset account passwords that use the phone number as a backup security measure gaining access to email, social media, and cryptocurrency accounts. Though many who have been hacked this way are reluctant to admit the crime even highly successful, technical savvy investors have...
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