Tokenization might be the best way for businesses to adjust to the new reality of the global coronavirus pandemic. One of the most curious and subtle developments of the COVID-19 global pandemic is the surging demand for stablecoins. Their total supply hit an all-time high recently — roughly $7.5 billion — with demand for Tether […]
Continue ReadingNgrave has launched what it claims is the first cryptocurrency wallet boasting EAL7-certification — one of the highest security gradings in the world. Digital asset security firm Ngrave announced sales for its flagship product, the fully offline hardware wallet Ngrave Zero, will launch next month. The devices will be made available for purchase on Indiegogo […]
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A Shell-backed blockchain startup has raised $2.5M to build an enterprise platform featuring zero-knowledge proofs. Applied blockchain, a Shell-backed distributed ledger technology, or DLT, firm, has secured $2.5 million in funding for applications that use zero-knowledge proofs, or ZKPs, in the context of business-to-business transactions. The funding round was led by Hong Kong-based venture capital, […]
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Bitcoin price saw a minor correction to $6,850 as WTI crude oil futures imploded and dropped below $0. As reported earlier by Cointelegraph, the May 2020 Futures contract for West Texas Intermediate (WTI) Crude dropped more than 100% on Monday. At its worst the price reached negative $37.63, a phenomenon which has never occurred before. […]
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MicroBT has unveiled its coming series of 100 TH/s miners for the post-halving block rewards, igniting competition with Bitmain. Bitcoin (BTC) ASIC manufacturer MicroBT has revealed its new mining hardware, boasting a hash rate of 100 terahashes per second (TH/s). This product unveiling demonstrates that competition is heating up among major ASIC manufacturers, following Bitmain’s […]
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Teleport, the logistics division of major airline AirAsia, launched blockchain-based cargo booking system Freightchain. Teleport, the logistics division of major airline, AirAsia, has launched a blockchain-based cargo booking system called Freightchain. According to an April 16 announcement, Freightchain is “the world’s first digital air cargo network run on blockchain.” The network — which is launching […]
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The blockchain tech industry has dramatically changed over the past 10 years: Here’s what you should know about it. Blockchain is no longer just the backbone of Bitcoin (BTC) or cryptocurrencies. It is more than that. Its application in various industries is as wide as the seas. And despite the technology’s limitations and challenges, demand […]
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Podcaster Marty Bent believes the future of Bitcoin mining lies with oil and gas companies. Mining Bitcoin (BTC) has often been criticised for its exorbitant power usage, but podcaster Marty Bent has embraced a solution that he says actually reduces waste in the oil and gas (O&G) sector. In an April 15 blog post, Bent […]
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Cargill & Agrocorp settled their first international trade of $12 million wheat using blockchain. International agriculture giants, Agrocorp and Cargill, have traded $12 million worth of wheat from North America to Indonesia via the blockchain. The transaction was made via the Singapore-based blockchain platform dltledgers, which is based on Hyperledger Fabric. International cooperative bank Rabobank, […]
Continue ReadingBlockchain tech can bring the trust and transparency that are essential during a crisis, especially a global one. The COVID-19 pandemic is not going to end soon. Fear and anxiety have skyrocketed, and nearly half of the people in the United States feel the coronavirus has harmed their mental health. People are scared, anxious, depressed, […]
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