Month: February 2017

IOHK Signs Partnerships with Universities in Scotland, Japan to Advance Cryptocurrency, Blockchain Research

Input Output Hong Kong (IOHK), a fintech company specializing in blockchain technology, has signed two partnership deals with the University of Edinburgh and the Tokyo Institute of Technology (Tokyo Tech) to further advance blockchain research. University of Edinburgh via http://www.ed.ac.uk/ Last week, IOHK and the University of Edinburgh launched the Blockchain Technology Laboratory. Located within …

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JAAK Uses Ethereum and Swarm to Disrupt the Media and Entertainment Industry

JAAK, a London-based tech company using blockchain technology to disrupt the media and entertainment industry, has been selected for the first Techstars Music accelerator alongside ten other startups. The newly established accelerator, headed by Bob Moczydlowsky formerly of Twitter, Topspin Media and Yahoo! Music, will provide the 11 teams with an intensive three-month incubation program …

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Are ICOS The Future Of Gambling?

Initial Coin Offerings (ICOs) have typically been associated with ‘pre-mined’ blockchains, whereby the blockchain’s cryptocurrency is discounted for an initial period of time as a means to help rapidly drive critical mass and utility. This changed with the introduction of the Ethereum blockchain, a blockchain that allows developers to deploy their own proprietary Ethereum tokens …

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New Ethereum-Backed Banking Platform Set to Soft Launch in Coming Months

London-based BABB App Ltd. plans to soft launch its blockchain-based banking platform in Q2’17. The company is currently applying for a full banking license and is seeking to enter the UK’s Financial Conduct Authority (FCA) sandbox. Built on a distributed ledger using Ethereum smart contracts, the BABB banking platform will operate a “decentralized information model” …

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Bitcoin’s Block Size Controversy is Morphing Into a Debate Between Hard Forks and Soft Forks

For nearly the past two years, various alternatives to Bitcoin Core have attempted to increase Bitcoin’s block size limit via hard-forking changes to the codebase run by nodes on the network. While manageable capacity increases are desired by many Bitcoin users, the complications associated with hard forks have left the network unwilling to adopt an …

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$5 Worth of Bitcoin Gets You Free Internet ‘For Life’ on the Darknet

The darknet markets are not just about drugs. Many vendors on AlphaBay, which is the darknet’s largest market, sell information such as credit card numbers and login details for Netflix and other online accounts. One of the most interesting pieces of information that can be bought on the darknet markets—and many online hacker forums for …

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Traity Launches Blockchain-Powered Micro-Insurance Solution

Online reputation company Traity has launched Kevin, a chatbot that provides micro-insurance for peer-to-peer transactions against theft, fraud, scams, and more. Kevin was built in partnership with Suncorp, the largest Australian insurance conglomerate. Another product will be launched in the coming months, Juan Cartagena, founder and CEO of Traity wrote in a blog announcement. Kevin …

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Blockchain.info Could Have a Major Impact on the Adoption of Bitcoin’s Lightning Network

Lightning networks have long been touted as one of the most powerful solutions for scaling Bitcoin. The basic premise is to allow users to send un broadcasted, signed Bitcoin transactions between each other before eventually settling those payments on the blockchain. There are a handful of companies currently working on various lightning network implementations, one …

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Global Resource Coin Launch

GRC is the first cryptocurrency in the world specifically created for casual users, who want to obtain resources from the investment point of view. Cryptocurrency was developed in 2013, however after long registration procedures, contracts signing and creation of a special licensed trading platform, the official launch only took place at the beginning of 2017. …

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Upcoming Ethereum Classic Hackathon Aims to Foster Blockchain Development in China

The Chinese Ethereum Classic Consortium (ECC), an organization representing the Ethereum Classic (ETC) community in China, is organizing the first ETC hackathon, an event taking place between March 24 and 26, 2017, in Shanghai. Formally titled the Fintech Connect ETC Hackathon, the event aims to encourage the development of applications on the ETC blockchain and build …

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Dash Releases Major Software Upgrade, Sets Foundation for Evolution

Dash, a privacy-centric cryptocurrency, has unveiled its largest software upgrade since inception. Sentinel, or Dash version 12.1, is setting the foundation for Dash’s much anticipated decentralized payments system Evolution. The Sentinel upgrade includes feature additions and significant improvements to backend protocols, governance, voting and privacy functions, and represents Dash’s largest redesign in its three-year history. …

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Digital Garage and Blockstream Collaborate on New Blockchain Solutions for Japanese Market

Digital Garage, a technology-based investment and development company based in Tokyo, has unveiled plans to build a new blockchain-based platform and several blockchain solutions for the Japanese market. The firm is collaborating with Canadian startup Blockstream, a company it had invested in last year, and will be using its Sidechain technology from the Elements Project. …

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ING Blockchain Innovation Team: “For Us, 2016 Was About Experimentation”

For Dutch multinational banking and financial services corporation ING, 2016 was the year of blockchain experimentation during which it developed 27 proofs-of-concepts of the application of the technology in six business areas including payments, trade finance and working capital solutions, financial markets, bank treasury, lending, and compliance and identity. In a blog post published last week, …

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