Report: MIT Researchers Design Cryptocurrency 99% Less Data-Intensive Than Bitcoin

MIT researchers have created a cryptocurrency that reportedly requires less data storage than Bitcoin and Ethereum. Researchers at the Massachusetts Institute of Technology (MIT) have reportedly developed a cryptocurrency that needs transaction-verifying nodes to store 99 percent less data when compared to Bitcoin (BTC). The development was reported on Jan. 23 in a post on […]

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UK Standards Institution Partners With Blockchain Startup for Supply Chain Compliance

The BSI is the latest organization to leverage blockchain tech to help improve supply chains globally. The United Kingdom’s national standards body, the British Standards Institution (BSI), has partnered with blockchain company OriginTrail to increase supply chain transparency. The partnership was reported in a Jan. 24 press release. BSI, which has operated since 1901 and […]

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Hong Kong Stock Exchange Head Hints at Incompatibility of Bitmain IPO

CEO Charles Li Xiaojia warned journalists at the World Economic Forum that companies should not flit between business cases prior to listing. The head of the Hong Kong Stock Exchange (HKEX) has addressed queries about initial public offering (IPO) listings amid confusion over Bitcoin mining giant Bitmain’s application. English-language newspaper South China Morning Post (SCMP) […]

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StanChart’s Singapore Unit Completes First Blockchain-Powered Trade Finance Deal

The Singapore unit of Standard Chartered has completed its first blockchain-powered trade finance deal. The Singapore unit of London-headquartered multinational banking and financial services firm Standard Chartered has completed its first blockchain-powered trade finance deal. The news was reported by Singapore’s English-language financial daily The Business Times on Jan. 24. The bank reported that the […]

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