Samsung SDS announced a joint initiative to launch a new blockchain traceability solution based on Nexledger. Samsung SDS, the IT subsidiary of global tech giant Samsung, has announced a joint initiative to launch a new blockchain-based traceability product. To develop the new project, Samsung SDS partnered with American software firm Pega and Tech Mahindra, a […]
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Let’s take a closer look at the core concepts underlying vertical and horizontal scaling. What are some of the key points to remember about scalability? It is all about centralization vs. decentralization. For blockchain platforms, the scalability of a given chain often boils down to the level of decentralization possessed by the network. Highly decentralized […]
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Enterprise Ethereum Alliance’s reputation system: Why do banks want to reward employees with tokens? Enterprise Ethereum Alliance (EEA) created a token system to encourage the active contribution of member organizations and their employees to the consortium, as reported by Cointelegraph on Oct. 8. The tokens are powered by the EEA’s Off-chain Trusted Compute Specification and […]
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Microsoft is bolstering its blockchain offerings on the Azure platform through a series of partnerships, Insolar the latest to join. Thanks to the high computational flexibility that it offers, the influence of cloud computing on the blockchain space continues to grow. It’s less of a surprise, then, that cloud computing giants — such as Amazon, […]
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ACINQ Phoenix wallet opens Bitcoin Lightning Network to the masses. French Bitcoin (BTC) Lightning Network (LN) implementation developer ACINQ introduced its second-generation Lightning Network wallet, Phoenix, via Twitter, on Oct. 18. A video accompanying the post demonstrates a number of wallet functions, all accessed via a user-friendly interface. From setup to receiving and making payments […]
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Protecting users from government seizures and coercion of miners is paramount for Bitcoin, says Kevin Pan. Bitcoin (BTC) needs to become more resistant to governments as a priority, the CEO of one of its biggest mining pools has said. Pan: Privacy is Bitcoin’s “real problem” In an interview with cryptocurrency media outlet Bitcoin Magazine quoted […]
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Three major Bitcoin sidechains currently have a combined balance of over 9,000 BTC, or $71 million. Almost $77 million of Bitcoin (BTC) is currently unavailable to use on the network — not because it is lost, but because it is locked up in sidechains. Bitcoin sidechains: a nascent market Data from block explorers confirms that […]
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Crypto trader and on-chain analyst Philip Swift explains how blockchain data points to a new Bitcoin all-time high and how it can be used to enhance short and long-term trading strategies. Since dropping from its 2019 high at $13,800, Bitcoin (BTC) has been in a rut which has led to the price retracing roughly 43% […]
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United States merchant services provider Aliant Payments will be paying each of its employees part of their compensation package in cryptocurrency. United States merchant services provider and payment processing firm Aliant Payments will be paying each of its employees part of their compensation package in cryptocurrency. In a press release on Oct. 16, Aliant said […]
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Digital asset financial services firm BitGo announces that it will provide institutional-grade custody and wallets for Tron starting on Nov. 8. Digital asset financial services firm BitGo has announced that it will provide institutional-grade custody and wallets for Tron (TRX) starting on Nov. 8. According to the official announcement published on Oct. 14, BitGo has […]
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