Blockchain technology has the power to restructure society for the better. Hence, without paying heed to the current value of tokens underlying them, it is imperative to go over some important blockchain innovations everyone needs in 2018. Securing Identity: Today, the possibility of faking information and identity theft is emphasizing the...
Venezuela's Information Minister Jorge Rodríguez said at a press conference on state television at the end of the year that it was a question of a few days before the Venezuelan government would be spending its own cryptocurrency for the first time. The program is called "petro": The value of...
Blockchain, which is the technology and electronic ledger behind the leading cryptocurrency Bitcoin, and Hashgraph wants to jockey for a position in that role in the cryptocurrency scene. There is certainly a lot of hype surrounding this latest technology, but does Hashgraph really have the potential to overtake the stalwart blockchain? Mance Harmon,...
Bitcoin pushed beyond $8,000 this week, a boon to those willing to pour money into a risky and speculative piece of code that's hoarded more than spent. But the crypto craze is leaving behind the very technology companies that were meant to benefit without having to touch the stuff. Despite...
What is the blockchain exactly? A big ponzi scheme or an opportunity and a new technology that we can all use to transform society? Depends on who you're asking, but a good starting point is to disassociate crypto-currencies such as Bitcoin from blockchain, the underlying data structure and related protocols. One...
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...
In the beginning was Bitcoin, the only blockchain we thought we’d need. Then Ethereum came along and launched us into a multi-blockchain world. Since then we’ve seen many new blockchains emerge with their various different protocols, financed by their various different tokens. One of the the key doctrines of this...
Blockchain’s ascent in the tech world has caught most observers by surprise. Suddenly sprung on the world from the genius mind of a still-anonymous programmer, it can be described as a network consensus algorithm helping decentralized groups of users behave efficiently. Less than a decade after making its debut alongside...
BitTorrent creator Bram Cohen has debuted his “solution” to Bitcoin which he says resolves “centralization problems” with the virtual currency. Speaking to TechCrunch Wednesday, Cohen explained his Chia Network would offer more reliable, eco-friendly mining and security measures. The developer has been famously critical of Bitcoin this year as the network suffers slow and expensive transaction...
The internet has become an indispensable tool in the modern world where technology and technological innovations rule the century. It is a key tool development in all spheres of life, modern-day globalization, is also reliant on the internet to connect several parts of the world together. The internet has...