The largest data center in the former Soviet Union grants miners cheap energy when mining in the former world’s largest aluminum smelter. The largest data center in the former Soviet Union, BitRiver, opened about a year ago in the Siberian city of Bratsk and most of its clients use the facility to mine Bitcoin (BTC), […]
Continue Reading
Solarization dominating green energy efforts in the EU. Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies require a high consumption of electricity, currently produced predominantly using coal and fossil fuels that adversely impact the environment. A global shift toward green energy will require the removal […]
Continue Reading
Chinese companies submitted around 7,600 blockchain patent applications between 2009 and 2018, about three times as many as U.S.-based companies. Measured by patent applications in the sector, China is handily outpacing other countries including the United States in blockchain technology. On Nov. 20, Japan-based financial newspaper Nikkei reported that Chinese companies submitted around 7,600 applications between […]
Continue Reading
Salmon farming company Cermaq and smoked salmon producer Labeyrie began using IBM’s cloud blockchain technology to trace their products’ supply chains. Salmon farming company Cermaq and smoked salmon producer Labeyrie began using IBM’s cloud blockchain technology to trace their product supply chains. Cermaq announced the development in a Nov. 20 press release, revealing that it […]
Continue Reading
Hong Kong rolls out a new framework for crypto exchanges, which could establish an important precedent for the local market. On Nov. 7, Ashley Alder, the CEO of the Securities and Futures Commission of Hong Kong, said at a conference that a new framework for crypto exchanges will be implemented. Almost immediately after the announcement, […]
Continue Reading
Australian blockchain energy firm Power Ledger and BSES Rajdhani Power Limited have successfully conducted a peer-to-peer solar power trading trial in India. Australian blockchain energy firm Power Ledger and Indian electricity distribution company BSES Rajdhani Power Limited (BRPL) have completed a peer-to-peer (P2P) solar power trading trial in the country. Power Ledger announced the news […]
Continue Reading
Singaporeans can already pay for cab rides with crypto. Speaking on stage at BlockShow 2019 in Singapore today, Alchemy Global Payment Solutions (Alchemy GPS) co-founder Patrick Ngan discussed some details of how his company is making it easier to pay for everyday goods and services with cryptocurrency. Ngan emphasized the power of choice to make […]
Continue Reading
Crypto media should welcome skepticism, medialogue attendees conclude. The pace of the crypto market’s expansion would have been much slower without the contribution of dedicated media outlets. Google searches for terms like “Bitcoin” and “blockchain” skyrocketed in the last few years — alongside the spike in crypto prices. This suggests that people have a thirst […]
Continue Reading
American logistics giant UPS partnered with agritech firm HerdX to trace the journey of beef from the U.S. to Japan. American logistics giant UPS has successfully delivered a blockchain-verified beef shipment from the United States to Japan. The company partnered with agritech firm HerdX to incorporate its packaging technology into a blockchain network to trace […]
Continue Reading
British cryptocurrency-friendly mobile banking firm Revolut is negotiating with investors to raise at least half a billion dollars. British mobile banking firm Revolut is negotiating with investors to raise at least half a billion dollars next year, Reuters reports on Nov. 12. Since the end of 2017, Revolut’s app has allowed its users to complete […]
Continue Reading