Zhejiang province issued its first blackout insurance policy backed by a blockchain platform. A branch of China’s state-backed grid released its first blockchain-powered blackout insurance policy issued to the chairman of a local company that needed to compensate for a power outage loss suffered recently. According to Shupeidian, Zhejiang Ningbo Power Supply Company, in partnership […]
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Discussing cross-blockchain protocol that enables the use of ledgers in an interoperable bundle. The advantage of the cross-blockchain protocol for public registries is that it can unite any number of existing ledgers in one ecosystem and does not need to upgrade the protocols of such blockchains. In simple terms, the protocol works as an aggregator […]
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As Trump clamps down on Chinese social media in the U.S., tech in general becomes subject to nationalism. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note The U.S.–China trade war continues its brazen spillover into tech. In response to concerns over where […]
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After a string of 51% attacks on Ethereum Classic, developers from its core chain rival, Ethereum, discuss ways of avoiding the same fate. In a Core Devs meeting on Friday, Ethereum (ETH) developers discussed potential measures that could be taken to prevent successful 51% attacks from occurring. The discussion was inspired by this week’s 51% […]
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The VeChain Foundation announced a blockchain-based food safety solution based on its Blockchain-as-a-Service platform, ToolChain. VeChain’s newly released tool offers a suite of whitelabel services that will allow the food sector to implement on-chain safety management services. These services include traceability templates which track things like origin traceability, cross-border traceability, full-process traceability, and more. They […]
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As the price of Bitcoin consolidates under a key resistance level, on-chain data show an optimistic trend. New on-chain data suggests that demand for Bitcoin (BTC) from new investors is growing. Specifically, the number of new BTC addresses is nearing 2017 levels when the price hit $20,000. Brock Connelly, the CEO of RoundBlock Capital, said: […]
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Data shows investors who dollar-cost averaged into Bitcoin even since the $20,000 peak are profitable. Researchers at Coin Metrics found that investors who dollar-cost averaged into Bitcoin (BTC) since the $20,000 peak in 2017 would still be profitable. According to researchers, an investor who continuously bought BTC over the past three years would have a […]
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Bitcoin Cash’s ABC and BCHN camps look set to compromise on the protocol’s coming upgrades in November. Amaury Sechet, the lead developer of Bitcoin Cash (BCH), has announced new plans for the network’s coming November upgrade designed to find a compromise between proponents of the ‘Bitcoin ABC’ and ‘BCHN’ proposals. Sechet posted on August 6 […]
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The Cannabinoid Association of the Netherlands has unveiled a blockchain-based CBD tracker for customers to trace a product’s journey from seed-to-sale. Cannabidiol users concerned about the quality of their product in the EU can now trace the plant’s journey from when it was first planted in the fields to when it was sold in retail […]
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Anthony Pompliano states innovation inevitability in light of recent blockchain comments from new Goldman Sachs brass, Mathew McDermott. Mathew McDermott has assumed the role of global head of digital assets for banking giant Goldman Sachs, touting future blockchain predictions. “In the next five to 10 years, you could see a financial system where all assets […]
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