Cash Tech News

Decentralized Identity: How Microsoft (and Others) Plan to Empower Users to Own and Control Personal Data

May 19, 2019 cashtechnews

Microsoft continues its blockchain streak, empowering users to own personal data. Microsoft, one of the world’s largest software makers by revenue, is currently on a blockchain streak. This time, Microsoft presented a vast blockchain-related plan: a decentralized identity (DID) network built atop of the bitcoin network, which can potentially empower users all over the internet […]

Hyperledger Rolls Out Suite of Blockchain Tools for Interoperability

May 14, 2019 cashtechnews

Hyperledger has introduced a set of tools dubbed “Hyperledger Aries” aimed at interoperability of different types of blockchain-based data. Hyperledger has introduced a set of tools dubbed “Hyperledger Aries” aimed at interoperability of different types of blockchain-based data. The company announced the development in a blog post on May 14. Hyperledger Aries is a set […]

Research: ICO Market Down Almost 100% From a Year Ago, Raised $40 Million in Q1 2019

May 13, 2019 cashtechnews

The ICO market is down 97% on a year-on-year basis, reportedly making $40 million so far in 2019. The initial coin offerings (ICO) market is down 97% on a year-on-year basis making $40 million so far in 2019, according to research by cryptocurrency exchange BitMEX released on May 13. In the first quarter (Q1) of […]

JPMorgan Overhauls Quroum’s Privacy Architecture With Help From Microsoft

May 9, 2019 cashtechnews

United States megabank JPMorgan Chase has reportedly rehauled the privacy layer of its blockchain platform Quorum. JPMorgan Chase (JPM) — the United States’ largest bank with over $2.62 trillion in assets — has reportedly rehauled the infrastructure of its blockchain platform Quorum with the help of Microsoft. The development was reported by crypto media outlet […]

Over 50 Banks Simulate Letter of Credit Transactions on R3’s Blockchain in 27 Countries

May 8, 2019 cashtechnews

Over 50 banks participated in the simulation of letter of credit transactions on R3’s blockchain platform in 27 countries on six continents. Over 50 banks participated in the simulation of letter of credit transactions on R3’s blockchain platform in 27 countries on six continents. The company announced the development in a press release published on […]

Qtum Confirms Google Cloud Features Rollout to Improve User Accessibility

May 3, 2019 cashtechnews

The debut follows a software partnership between the companies and aims to allow easier leveraging of Qtum’s platform. Decentralized blockchain platform Qtum is working with Google Cloud as a software partner to increase the ease of launching native products for users, the company confirmed in a blog post on May 2. Qtum, which like the […]

Vietnam: CMC Telecom, Akamai to Prevent DDoS Trading Floor Attacks for Blockchain Startups

May 3, 2019 cashtechnews

The partnership aims to keep user data safe and prevent distributed denial-of-service attacks. Vietnam’s CMC Telecom and American cloud service provider Akamai have signed a joint agreement to deliver security services to a blockchain-based trading floor, according to a report shared on CMC’s website on May 2. Akamai is one of the biggest global distributed computing platforms, […]

Microsoft Releases Blockchain Manager App

May 2, 2019 cashtechnews

Microsoft has released its fully managed Azure Blockchain Service. Microsoft announced its fully managed Azure Blockchain Service in a press release on May 2. The new blockchain-as-a-service (BaaS) platform will purportedly allow users to build blockchain applications on preconfigured network. According to Microsoft’s head of corporate communications, Frank Shaw, this service “simplifies the formation, management, […]

Stalwart Crypto Investor Andreessen Horowitz Raises $2.75 billion for Two New Funds

May 2, 2019 cashtechnews

Silicon Valley-based venture capital firm and high-profile crypto investor Andreessen Horowitz has raised $2.75 billion for two new funds. Silicon Valley-based venture capital firm and high-profile crypto investor Andreessen Horowitz has raised $2.75 billion for two new funds, according to a company announcement published on May 1. The lion’s share of the new capital will […]

Amazon Web Services Launches Managed Blockchain Service

April 30, 2019 cashtechnews

Amazon Web Services has made its Amazon Managed Blockchain generally available. Amazon Web Services (AWS), the cloud computing platform subsidiary of retail giant Amazon, has made its Amazon Managed Blockchain (AMB) generally available, according to an announcement on April 30. The product will purportedly allow customers to set up blockchain networks within their organizations, and […]