The Austrian government is throwing its weight behind a new blockchain research effort aimed at developing business applications of the technology. The new Research Institute for Cryptoeconomy will be headquartered at the University of Vienna. On Dec. 5, a gathering of over 500 people met at the new research outfit,...
At press time, the Bitcoin network is currently facing a backlog of over 135,000 unconfirmed transactions and fees have soared. This comes days after the proponents of the SegWit2x scaling solution announced they wouldn’t move forward with a doubling of Bitcoin’s block size due to lack of consensus. Since larger blocks are clearly...
Japanese IT firm Fujitsu has revealed a new payments technology that connects different blockchains to enable exchanges and payments with various cryptocurrencies. In an announcement yesterday, Japan’s largest IT firm revealed details of ‘ConnectionChain’, described as a security technology to securely connect multiple blockchains to make them interoperable to the extent of...
Waves, a global public blockchain platform founded last year that completed its Initial Coin Offering (ICO) in June 2016 raising over $16 million (c.30,000 bitcoin (BTC)), is implementing new technology to enable the network to process “thousands of transactions” per minute and become the fastest decentralized blockchain platform in...
On the off chance that you need a brisk lift to your organisation's share price, including "blockchain" to your name will work – at least for some time. In spite of a droop in cryptographic currencies that has wiped more than 50 percent off the estimation of bitcoin since December,...
The stereotypical thought of an African revolution, one that breaks the chains of oppression and domination, sparks images of bloody battles of liberation. But now, with a new tool that does not discriminate or exclude, Bitcoin is helping African millennials free himself from financial repression. Armed with only a smartphone everyday African citizens are...
Over the next two years, enterprises are expected to ramp up their efforts to test blockchain technology as part of a new method of establishing trust in a digital economy. New research from consultancy Deloitte LLP shows a "trust economy" is now developing around person-to-person (P2P) transactions enabled by blockchain...
When hurricane Irma struck, it left a path of chaos and destruction in its wake stretching from Antigua and Barbuda to Saint Martin, Anguilla, Turks and Caicos, the Bahamas, Cuba, and the United States. The storm, which lasted from August 31 to September 11, stretched across 650 miles and...
The blockchain technology introduced many innovations and possibilities with regards security and anonymity.  Governments and businesses around the world are exploring ways to store data, such as land records, contract and assets, in blockchains – ledgers of digital transactions – amid rapidly growing investor interest. Countries like Brazil is hoping...
For 2017, WPP subsidiary GroupM predicts $16 billion of ad fraud. Non-human activity, bots, and click farms are all sources of advertising fraud. By tracking advertising impressions on a blockchain, ClearCoin can identify which publishers are “high risk” and advertisers can adjust their budget accordingly. There are a number of ad-tech security...