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Cardano’s real competition is not who you’d expect, says new Cardano Foundation CEO

September 30, 2020cashtechnews

Hint: It’s not a blockchain company. Frederik Gregaard, the incoming CEO of the Cardano Foundation, shared his perspective on FinTech’s competitive landscape and major technology trends with Cointelegraph. Discussing competition, Gregaard said that the protocol’s biggest opponents do not come from within the blockchain space: “I think the biggest competitor, it’s really the largest technology companies […]

Blockchain technology now powers a privacy-focused security camera

September 29, 2020cashtechnews

The new camera from IoTeX reportedly features a private key for access and end-to-end encryption of all data. IoTeX, a privacy-focused platform for the Internet of Things, has partnered with camera manufacturer Tenvis Technology to offer Ucam, an indoor security camera powered by blockchain technology. Head of business development at IoTeX Larry Pang told Cointelegraph that […]

Inside the blockchain developer’s mind: The vertical scaling crisis

September 24, 2020cashtechnews

In order to achieve blockchain mass adoption, three fundamental problems should be solved. Let’s dive into the second one: vertical scaling. This is Part 2 of a three-part series in which Andrew Levine outlines the issues facing legacy blockchains and posits solutions to these problems. Read Part 1 on the upgradeability crisis here and Part […]

The data economy is a dystopian nightmare

September 24, 2020cashtechnews

Decentralization will turn the data economy upside down, allowing consumers to control their own data or sell it to the highest bidder. Smart speakers have become part of our daily lives. With a single word, we are able to command a device to answer our inquiries and shopping desires. The simple act of ordering diapers […]

Blockchain tech is helping to reduce the impact of deforestation in Brazil

September 23, 2020cashtechnews

The move is intended to prevent “laundering” cattle from sanctioned farms. Major meat processing company JBS S.A., has repeatedly come under fire for allegedly contributing to the illegal deforestation of the Amazon rainforest. They are now using blockchain technology to create a unique solution to the problem. According to a Sept. 23 report from Reuters, […]

First ICO mandating buyers to ‘use’ tokens is successful, collects $5M

September 15, 2020cashtechnews

The average contribution was just over $1,300. A new way of conducting token sales spearheaded by ConsenSys Codefi achieved its first success, with the planned sale of Skale Network tokens collecting just over $5 million. As Cointelegraph reported in February, the Skale token sale was the first to be launched on the Activate platform developed […]

Web 3.0 would enable new possibilities and opportunities

September 15, 2020cashtechnews

Web 3.0 will certainly be a step toward a more decentralized, immutable and censorship-resistant version of the web. Lately, the controversial topic of censorship on Big Tech platforms reached a turning point when U.S. President Donald Trump’s campaign account was banned on both Twitter and Facebook for “spreading coronavirus misinformation.” The conversation over who has […]

Binance sued for allegedly facilitating money laundering with ‘lax KYC’

September 15, 2020cashtechnews

Binance’s lax KYC requirements are creating more legal problems for the exchange. Binance’s famously light Know Your Customer requirements are being targeted by the current owners of Zaif, a Japanese cryptocurrency exchange that got hacked in 2018. Plaintiffs are claiming that its weak KYC requirements and high daily withdrawal limit facilitated the laundering of $60 […]

Whales can now use Bitcoin to purchase private jets

September 14, 2020cashtechnews

One aircraft comes at a cost of roughly 3,750 Bitcoin. A private aircraft sales company has started allowing customers to purchase any of their multi-million dollar jets using Bitcoin. According to a Sept. 13 report from news outlet Business Insider, U.S.-based Aviatrade is currently selling an upgraded 2014 Gulfstream G650ER for $40 million — roughly […]

Buffett shunned tech for many years until now — would it buoy Bitcoin?

September 10, 2020cashtechnews

Warren Buffett and Berkshire Hathaway invested in the pre-IPO tech firm Snowflake. Over the long term, the shifting trend to digital could buoy Bitcoin. Ahead of its initial public offering (IPO), Warren Buffett and Berkshire Hathaway invested in tech-cloud company Snowflake. Buffett has largely avoided tech companies for many years, investing heavily in banks. That […]

Tag: amazon

Blockchain technology now powers a privacy-focused security camera

Inside the blockchain developer’s mind: The vertical scaling crisis

Blockchain tech is helping to reduce the impact of deforestation in Brazil

Whales can now use Bitcoin to purchase private jets

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