Experts in blockchain technology and crypto take on the question: Could PayPal’s crypto integration help mass adoption? One of the most discussed topics within the crypto community recently has been PayPal’s announcement that its customers will be able to buy and sell cryptocurrencies. The service is expected to be fully rolled out early next year. […]
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The IOTA blockchain finds a use case in industrial maintenance. The IOTA Foundation, a non-profit organization behind the IOTA blockchain, is collaborating with Japan’s government on a project targeting industrial infrastructure. The foundation has partnered on a project initiated by major Japanese maintenance companies, Best Materia and IMC, IOTA representatives announced on Oct. 27. The […]
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A Honda and GM-led working group has unveiled a global standard for using distributed ledger technology to create decentralized electric vehicle charging networks. The Mobility Open Blockchain Initiative (MOBI) has launched a global standard for integrating blockchain technology into a decentralized vehicle charging network. The storage of excess energy generated by wind or solar is […]
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The car manufacturer is trialing the new blockchain system, which offers customers tokenized loyalty points, before its potential rollout worldwide. Customers of the world-famous car manufacturer will soon be able to claim blockchain tokens as rewards as part of a new membership scheme, called BMW Vantage. The Korea Times reported on Oct. 7 that BMW […]
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Decentralized finance “may prove difficult to subject to regulatory requirements,” a regulatory adviser says. The European Commission’s newly proposed cryptocurrency regulations pose a specific risk for the decentralized finance (DeFi) industry, according to industry regulatory adviser XReg Consulting. Adopted by the European Commission on Sept. 24, the proposed Markets in Crypto-Assets (MiCA) regulations aim to strengthen […]
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Backed by players like Ripple and ConsenSys, the INATBA association responds to the EC’s legislative proposals on crypto. Major players in the global cryptocurrency community have addressed the European Commission’s new legislative proposals on digital assets. The International Association for Trusted Blockchain Applications, or INATBA, has released an initial response to the Markets in Crypto-Assets […]
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Decentralization will turn the data economy upside down, allowing consumers to control their own data or sell it to the highest bidder. Smart speakers have become part of our daily lives. With a single word, we are able to command a device to answer our inquiries and shopping desires. The simple act of ordering diapers […]
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No, the blockchain is not in your car. Luxury carmaker Groupe Renault tested its blockchain project aimed to ease compliance certification of vehicle components. The project, Extended Compliance End-to-End Distributed, or better known as XCEED, grew out of Renault’s partnership with other companies to develop a blockchain supply-chain solution by sharing data. It’s built on […]
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Blockchain could help shared device merchants avoid credit card fees, MasterCard says. MasterCard’s Singapore-based subsidiary filed a patent with the U.S. Patent Office detailing a payment system for using hardware devices that specifically mentions Iota’s (MIOTA) Tangle technology. The patent claim, published on Aug. 20, proposes a pay-as-you-go system that uses a “transparent data storage […]
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IOTA’s network upgrade Chrysalis is now live, bringing an exponential increase in speed. The IOTA project has successfully completed its Chrysalis upgrade, enabling the network to handle up to 1000 transactions per second. This is around 50x faster than previously when the network topped out around 20 TPS. According to an Aug. 19 blog post […]
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