United States firm, Marathon Patent Group, announced that it installed 700 units of Bitcoin mining ASIC units. United States firm, Marathon Patent Group, announced that it installed 700 units of Bitcoin (BTC) mining application-specific integrated circuit, or ASIC, units. According to a June 3 announcement, Marathon Patent Group installed 700 Whatsminer M30S+ ASICs produced by […]
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World’s top ecommerce firm Amazon filed a patent for a blockchain system that tracks goods as they move on the supply chain. World’s top ecommerce firm, Amazon, filed a patent for a blockchain system that tracks goods as they move on the supply chain. Amazon’s patent — dated May 26 — describes a “distributed ledger […]
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Professional service giants like the Big Four are innovating in the blockchain and crypto space. Is it enough to make an impact? Blockchain technology, along with the adoption of cryptocurrencies, is gaining momentum. The enterprise blockchain market is expected to reach $21 billion over the next five years. Just eleven years on, and both sectors […]
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Digital currency solutions that directly face consumers will not be taken seriously by central banks, according to a Visa executive. Consumer-facing digital currency solutions will not be taken seriously by central banks, according to a Visa executive. Visa head of crypto Cuy Sheffield tweeted on May 18 that he does not believe central banks are […]
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Blockchain banking app, Bitwala, has integrated with DeFi app Celsius to offer interest to Bitcoin hodlers. German blockchain banking firm Bitwala has partnered with pioneering decentralized finance, or DeFi, platform Celsius to offer annual interest on Bitcoin (BTC) holdings of up to 4%. Funds deposited from customers who opt to use Bitwala’s Bitcoin Interest Account […]
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Visa filed a patent for central banks to print fiat currency digitally using blockchain technology. With this move, the multi-national payment solution is anticipating a move of government-backed fiat currencies to the blockchain. While this is a bold technological move, it is counter to Satoshi Nakamoto’s original vision for crypto and blockchain technology. Crypto is […]
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Visa has filed a patent application to create digital currency — potentially using Ethereum as the blockchain. Visa has filed an application to create digital currency on a blockchain with the U.S. Patent and Trademark Office. According to the application published May 14 — but filed way back in November 2018 — inventors Simon J. […]
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 ReadingBlock.one has patented monetizing every post on a social media network using tokenized bidding and blockchain-based analysis to determine a post’s originality Block.one, the company behind the EOSIO protocol (EOS), has been awarded a patent for a blockchain-based bidding system for promotional exposure tied to popular social media posts. The U.S. Patent and Trademark Office […]
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DLT firms are targeting the copyright industry, with Ontology partnering with social creator platform OGQ to copyright 250 million pieces of digital content. Blockchain platform Ontology announced a partnership with social creator platform OGQ to use the Ontology blockchain to ensure copyright protection for content created through the platform. OGQ allows users to upload and […]
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