Public blockchains came under the attack of Salesforce exec, and EY and VeChain stepped up to explain how businesses are using them. The question of whether enterprises should use public or private blockchains for business has become extremely relevant today. A recent report from Fortune Business Insights predicted that the blockchain market will reach $21 […]
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New research claims that the enterprise blockchain market will continue to rise to $21.07 billion by 2025. A new study from Fortune Business Insights, a company offering market studies and consulting services, estimates the blockchain technology market will reach $21 Billion by 2025, according to GlobeNewswire’s report on May 12. It stated that: “The blockchain technology […]
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Simba Chain, a cloud-based smart contract startup, is building a blockchain data management system for the U.S. Department of Defense. Simba Chain, a blockchain startup backed by the Defense Advanced Research Projects Agency (DARPA), has won another contract from the United States government. A long-established favorite of the U.S. military authorities like the U.S. Air […]
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An analysis of the advantages and disadvantages of the blockchain protocols that are the basis of the entire industry. Bitcoin (BTC) is the largest decentralized digital currency in the world, with an estimated market capitalization of around $169 billion. In the nearly 12 years since the publication of Satoshi Nakamoto’s famous white paper in 2008, […]
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Hackers infected the largest private hospital in Europe with ransomware. Hackers infected the IT infrastructure of the largest private hospital in Europe with ransomware. Cybersecurity news outlet, KrebsonSecurity, reported on May 6 that hackers compromised the IT systems of Germany-based private hospital, Fresenius. An anonymous source reportedly informed the outlet that the hospital’s systems were […]
Continue ReadingBBVA and a state-backed research center in Spain have launched a partnership to explore advanced cryptography for financial services. The Banco Bilbao Vizcaya Argentaria (BBVA), a multinational bank headquartered in Spain, has announced a partnership with Madrid-based research center IMDEA Software Institution to explore zero-knowledge proofs (ZKPs) alongside other “advanced cryptographic techniques.” Both entities will […]
Continue ReadingOscar-winning director shares conspiracy theory which claims Microsoft’s recent crypto mining patent is satanic. Oscar-winning Russian director, Nikita Mikhalkov, has espoused a bizarre conspiracy theory on local television. He claims that Microsoft’s recent patent for a sensor-based cryptocurrency mining system using body activity data comprises the first-step in a satanic plot to microchip the human […]
Continue ReadingTo gain transparency and consumer safety, the food-processing and meatpacking plants are implementing blockchain technology to their operation services. COVID-19 continues to wreak havoc, with United States meat producers being the latest victims of the pandemic in a “cascading series of events,” including shutting down of the food service sector, universities and school lunch programs, […]
Continue ReadingSupply chain tracking blockchain platform VeChain appears to have launched a new partnership with fashion brand H&M. Cos, the luxury subsidiary of the fast-fashion brand H&M, appears to have partnered with blockchain platform, VeChain, to provide detailed supply chain tracing data to customers. While H&M is yet to confirm the partnership, VeChain’s main investor is […]
Continue ReadingDoes blockchain technology grant enough anonymity? Experts’ opinions vary, as some say the technology hasn’t lived up to the expectations. The first blockchain was launched more than 10 years ago and since then, it has evolved from simply being a backbone for Bitcoin (BTC) to a global technological phenomenon. In some sense, the distributed ledger […]
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