Volvo is producing electric cars with cobalt mapped on a blockchain. Automaker Volvo Cars, owned by Chinese automotive group Geely, has produced electric cars with cobalt mapped on a blockchain, Reuters reports on Aug. 2. Blockchain used to combat child labor Per the report, Volvo also joined a project to monitor cobalt from Democratic Republic […]
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Cryptocurrency compliance company Elliptic has released the Elliptic Data Set geared toward identifying cryptocurrency transactions associated with money laundering. Cryptocurrency compliance company Elliptic has released the Elliptic Data Set, geared toward identifying cryptocurrency transactions associated with money laundering (AML). The development was announced in a press release shared with Cointelegraph on Aug. 2. Making the […]
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Facebook’s Libra stands to be the largest DApp network to date, with over 2.4 billion active users — but will the dream be realized? The official announcement and details around Project Libra were provided to the world on June 18, 2019. Firstly, Libra was introduced: a new global reserve-backed cryptocurrency built on top of the […]
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American tech giant Seagate has entered the pilot stage of its blockchain project designed to fight counterfeit hard drives. American tech giant Seagate has entered the pilot stage of its blockchain project designed to fight counterfeit hard disk drives (HDD), Forbes reported on July 30. This pilot is a part of the joint initiative Seagate […]
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A new blockchain solution focused on ending slave labor in the food industry received $2.4 million in public funding in Australia. Blockchain startup Lumachain has received $2.4 million in public funding from Main Sequence Ventures, a $165.6 million venture capital fund backed by the Australian government and the federal Commonwealth Scientific and Industrial Research Organisation. […]
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Green policy and crypto energy consumption in the US. Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies, necessitate very high consumption of electric energy, currently produced with coal and fossil fuels with adverse environmental effects. A global shift towards green energy will require the removal […]
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Bitcoin rewards shopping app Lolli now works at major American grocery chain Safeway to give customers 3.5% back in Bitcoin on all their purchases. Bitcoin (BTC) rewards shopping app Lolli has partnered with major American grocery chain Safeway to give customers 3.5% back in Bitcoin on all their purchases. Making Bitcoin ‘part of everyday life’ […]
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While the nation’s second-largest bank is remarkably active in registering novel blockchain-powered solutions, critics fear that this might be not in the industry’s long-term interest. Earlier this week, Bank of America (BofA), one the United States’ largest financial institutions, made a massive splash in the crypto sphere as the details of its recently registered patent, entitled […]
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How blockchain would change our vision of service fees, roaming and other flies in the ointment of telecommunications. “[X-Number of] Industries Blockchain Will Disrupt” — How often do you come across articles with a headline like this? Every time, we discover new ways to implement the tech and, while being filled with inspiration, look around […]
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IBM has tripled the number of blockchain-related patents it holds in the U.S. this year, dwarfing other US blockchain bulls. Tech giant IBM has tripled the number of blockchain patents secured in the United States since last year, currently boasting over 100 active patent families. That makes IBM’s growth in US patents the largest of […]
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