Wednesday , 22 November 2017

Tag Archives: Blockchain

Bitcoin wallet Blockchain will add support for Bitcoin Cash

Bitcoin wallet service Blockchain revealed plans for bitcoin cash and SegWit support. The company says that it will add full support for bitcoin cash across all its platforms by the end of Q1 2018. It is also working on integrating SegWit support in its wallet products. Blockchain made the announcement in a blog post, explaining that it believes bitcoin cash …

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Visa has rolled out the first B2B payments service

First announced last year, Visa plans to use the platform to ease cross-border payments by facilitating direct payments between institutions, cutting out the middleman the industry currently relies on. The platform – developed with the assistance of blockchain startup Chain – is also designed to ensure secure, yet transparent payments between enterprises. Already working with Visa on the project are …

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Blockchain announces plans for Segwit2x

Blockchain is one of the oldest bitcoin wallet providers in the industry, servicing over 18 million issued wallets.This week the company has announced its plans for the upcoming Segwit2x fork. After block 494784 takes place on the network, the firm has decided it will follow the chain with the most accumulated difficulty. According to the wallet provider, Segwit2x is “essentially …

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Russian bank VEB is preparing a new blockchain project

Russian government-owned development bank, Vnesheconombank (VEB), and e-procurement resource platform Roseltorg are teaming up on a new blockchain project. Using blockchain technology, the project aims to build a platform for transparent electronic transactions between the government departments and businesses. The project would also facilitate new methods for storing and verifying information as part of the move towards a digital economy, …

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Intel partners with Ledger

Ledger, a France-based specialist in security solutions for cryptocurrency and blockchain applications, has partnered with Intel to bring greater protection for users of digital wallets. The tie-up sees Ledger integrating its operating system, BOLOS, into Intel’s Software Guard Extensions (SGX) secure storage product line in a bid to provide new avenues for storing cryptocurrency holdings. The announcement follows a similar …

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Major financial services invest in Blockchain

Research by CB Insights shows that major financial services firms Goldman Sachs, Google and Citi are among the top five most active corporate investors in Blockchain technology. The companies are behind the Japanese group SBI Holdings, technology firm Google, and US-based online retailer Overstock.com. According to the report, financial services companies and major banks were the first corporate adopters of …

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Companies incorporate Blockchain into Apps

This year was very rich in ICOs, collectively it’s been raised over $2.3 bln. Many of these startups raised millions without even a working prototype of their product. That’s why in the eyes of some investors, this has lead to speculations that the ICO market has already entered bubble territory. It is yet to see how many teams will actually …

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Dubai launches first official state cryptocurrency called emCash

According to announcements by local news media outlets, the local government in Dubai has officially launched its own encrypted blockchain-powered digital currency called emCash. The cryptocurrency would be used for payment of governmental and nongovernmental services. The digital currency will be developed with a partnership between Emcredit, a subsidiary of Dubai Economy and UK-based blockchain startup Object Tech. Dubai Economy …

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Metropolis – Ethereum’s next big upgrade

These are just some of the benefits Metropolis, the next upgrade to the ethereum blockchain, promises to introduce when it’s finally unveiled. Long the subject of curiosity and debate, the third phase in a four-step roadmap first unveiled in 2015 stands to enact perhaps the platform’s most substantial changes. But far from just a boon for the nascent technology, there …

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