The solution is centralized, but time is pressing. As the launch date of Ethereum 2.0 approaches, an important issue in the staking mechanism is starting to be discussed in the community: the one-way nature of stake deposits. Prospective stakers in Ethereum 2.0 Phase 0 will not be able to withdraw or transfer their stake until […]
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Blockchain will streamline trade from Europe’s grain belt. Following two years of pilot testing, a blockchain trade and financing platform for global agricultural trading has seen its commercial rollout from Swiss developer Cerealia SA. The launch follows extensive prelaunch trial implementation with firms from Algeria, Brazil, Dubai, Japan and Ukraine. In November 2018, Cointelegraph reported […]
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The UAE project will allow clients to trade tokenized sugar 24/7 without brokers, and fits into the Emirate Blockchain Strategy 2021’s goals The world’s largest sugar refinery, Al Khaleej Sugar, officially announced the application of blockchain technology in its recently launched sugar trading platform, DigitalSugar.io. Users of the UAE-based platform will trade the spot price of […]
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Congressman and Blockchain Caucus Co-Chair David Schweikert has advanced a bill to make good on the crypto adage, “code is law.” Republican Congressman David Schweikert (R-AZ) has referred a new bill to the House Committee on Energy and Commerce that, if passed, would recognize digital signatures on the blockchain as enforceable by law. This is particularly important for […]
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The energy industry combines supply chains, financial markets and consumer services. Innovative blockchain solutions aim to improve it at each level. What’s next for blockchain in energy? Despite the potential challenges, it’s clear that there is significant potential for blockchain in the energy industry. Research by Global Market Insights predicts the blockchain energy segment to […]
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Glencore is the latest subscriber to the Responsible Sourcing Blockchain Network, a supply chain solution for the metals industry and other commodities providers. British-Swiss commodity trading and mining company Glencore will use an IBM-developed blockchain solution to track cobalt. In a press release issued on Dec. 12, Glencore confirmed it had joined the Responsible Sourcing […]
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The Chicago Mercantile Exchange Group has no current plans to launch physically settled Bitcoin contracts, a senior executive says. The Chicago Mercantile Exchange (CME) Group has no current plans to launch physically settled Bitcoin (BTC) contracts, a senior executive said. Tim McCourt, global head of equity index and alternative investment products at CME Group, told […]
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Digital asset lender DrawBridge Lending announced that it received funding from cryptocurrency commercial bank Galaxy Digital. Digital asset lender DrawBridge Lending (DBL) announced that it received funding from cryptocurrency commercial bank Galaxy Digital. A fiat-crypto lending and investing service DrawBridge announced in a press release published on Aug. 8 that it received funding from Galaxy […]
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The world’s fifth top oil and gas firm, Shell, has invested in a blockchain-based energy firm. Shell, the world’s fifth largest oil and gas firm, has invested in a blockchain-based energy startup, Forbes reports on July 10. The European oil and gas giant has invested an undisclosed amount in New York-based LO3, whose Exergy platform […]
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Igor Sechin, the head of Rosneft, believes that barrels of oil could one day be paid for using cryptocurrencies. The head of Russian oil company Rosneft has not ruled out the possibility of paying for oil using cryptocurrencies in the future, according to a report by Snob.ru on June 6. Igor Sechin said the industry’s acceptance […]
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