Volkswagen Joins IBM-Backed Blockchain Platform for Cobalt Supply Chains

Amid ethical concerns about mining cobalt, Volkswagen is joining a blockchain-powered platform to ensure the mineral is ethically sourced. Volkswagen is joining a blockchain-powered scheme to ensure the cobalt used in lithium-ion batteries for its electric vehicles is responsibly sourced. The carmaker announced its involvement in a news release on April 18. The German-headquartered company […]

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Exchange Gate.io Sees Almost $3 Billion in Orders in First Week Of IEO for Native Token

The sale was oversubscribed, Gate.io says, while entry currency Tether also saw purchasing premiums in some markets. Chinese cryptocurrency exchange Gate.io saw almost $3 billion worth of orders placed during the first phase of its in-house token sale, the company confirmed in a blog post on April 14. Gate, which offers cryptocurrency-only trading, is currently […]

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Crypto Exchange Gemini Rolls Out Native Wallet Support for SegWit Bitcoin Addresses

Gemini, the crypto exchange founded by the Winklevoss twins, has updated its wallet infrastructure to include support for SegWit bitcoin addresses. Gemini, the crypto exchange founded by the Winklevoss twins, has updated its wallet infrastructure to include support for Segregated Witness (SegWit) bitcoin (BTC) addresses. The news was revealed in a Gemini blog post on […]

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South Korea’s Telecom Giant KT Launches DLT-Powered 5G Brand to Prevent Hacks

South Korea’s largest telecom firm KT implemented blockchain tech to prevent hacks of connected IoT devices. KT Corporation, South Korea’s largest telecom firm, has launched its blockchain-powered fifth-generation (5G) network brand, local news agency The Korea Times reports on April 16. Called “GiGA Chain,” the brand intends to boost the security of Internet-of-Things (IoT) devices […]

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US Researchers Develop Blockchain Protocol to Fight Counterfeit Pharmaceuticals

Researchers at Portland State University have created a blockchain protocol to prevent counterfeit pharmaceuticals from filling the market. Portland State University (PSU) researchers have made a blockchain protocol to prevent counterfeit pharmaceuticals from filling the market, according to a press release published on April 15. PSU researcher and professor of computer science at the Maseeh […]

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