Since Satoshi Nakamoto first published the Bitcoin whitepaper in November 2008, blockchain technology has developed from a small-scale cryptocurrency experiment into large-scale distributed applications with millions of users worldwide. Meanwhile, the architecture of enterprise applications has progressed from service-bearing mainframes to the parallel computing systems with large distributed clusters, providing services to billions of consumers […]
Moody’s (MCO), a business and financial services company that provides ratings across a number of financial products, recently published a report on the impact of blockchain technology. In the report, which was first covered by FN London, Moody’s emphasizes how blockchain technology can make securitized trades more efficient and lucrative, but not without inherent risk. […]
A leading Israeli university is suing one of its own senior staff members for allegedly creating a zero-knowledge proofs technology company based on the intellectual property the professor developed while working for the institution.
The Technion Wants a Piece of Starkware
The Technion – Israel Institute of Technology, a research university established in 1912, has filed a lawsuit in the Haifa District Court against computer science lecturer Prof. Eli Ben-Sasson, claiming that he acted in violation of the institution’s intellectual property regulations. Ben-Sasson is the co-founder and Chief Scientist of the blockchain technology startup Starkware and the Technion now demands from the court the transfer of 50% of all his shares in the company.
The post [Guest Post] Fighting Corruption in South East Asia with the help of Blockchain Technology appeared first on CoinReport.
The big technology stocks of Facebook, Amazon, Netflix and Google (FANG) have all rallied the past month. But not Apple which is seeing a near 7% decline over the period. It looks like FAANG (Facebook, Apple, Amazon, Netflix and Google) could be dead. FANG Stocks Rally Over the last month, Facebook shares are up 3%,
The post Is Apple Dying? Long Live FANG: Technology Stocks Rally Without Apple appeared first on CCN
A Pakistani financial institution has rolled out a cross-border remittance service based on blockchain technology developed by Alibaba affiliate, Alipay. Telenor Microfinance Bank and Malaysian fintech firm Valyou have partnered to offer the service to that will operate between Malaysia and Pakistan. The service is expected to enhance the efficiency and speed of remittances from
The post Pakistan’s First Blockchain-Based Remittance Service Launched Using Alipay’s Technology appeared first on CCN
The post Expert Opinions: What 2019 holds for blockchain technology appeared first on CoinReport.
The year 2018 hasn’t particularly been the best year for cryptocurrencies, as the bear market had eroded value in almost every digital asset out there. However, while cryptocurrencies aren’t having the best of times, blockchain technology has managed to stay relevant, with organizations and governments coming out with ways through which they can use blockchain
The post Blockchain Technology and the Quest to Transform the Travel Industry appeared first on CCN
A startup in San Francisco that is funded by Coinbase Ventures and UC Berkeley’s House Fund has revealed the launch of a Plasma Cash feature to be integrated on Ethereum’s Rinkeby testnet and a side chain.
As reported by Trust Nodes, the co-founder and CEO of Elph, Ritik Malhotra stated:
“By moving transactions and smart contracts onto a Layer 2 environment using the power of Plasma architecture, Elph can help Ethereum dApp developers scale, secure and speed up their applications, opening up the potential of what can be accomplished on the blockchain.”
France’s Financia Business School, which offers post-graduate courses in financial and blockchain technology, now allows students to pay their fees in cryptocurrency. Since the institution introduced the measure, about half a dozen students have paid in BTC for the 2018 academic year.
Cryptocurrency to Cut Transfer Costs for Foreign Students
A quarter of the Financia Business School’s enrolment is foreign, with many students having to shoulder complex and punitive money transfer costs. The acceptance of cryptocurrency for fees makes it easier for foreign students to cut these costs and transact with ease, said the Paris-based college.
The post Orvium becomes Standard Technology Partner of Amazon Web Services Partner Network appeared first on CoinReport.
The former chairman of the United States Commodity Futures Trading Commission (CFTC), Gary Gensler, recently expressed his views on the regulation of cryptocurrency markets. Gensler emphasized his belief in the need for robust consumer protections, and also argued that the majority of initial coin offerings essentially comprise initial public offerings (IPOs).
Gensler: Regulators Must Promote Innovation
Gensler has spoken of the need for regulators to adopt a “technology neutral” stance in order to “promote innovation” across the cryptocurrency and distributed ledger technology industries.
Christie’s, a leading art business based in the United States is collaborating with Artory, a highly reputed independent digital registry for the art industry, to register the sales of artworks on the blockchain, according to a press release by Christie’s on October 11, 2018. As stated in its press release, the leading art auction house
The post Major Auction House Christie’s to Integrate Blockchain Technology for Art Sales appeared first on CCN
Currency is a universal representation of trust created by humans. So much so that we don’t even ask why two pieces of paper with green, gold, and black ink is accepted as a medium of exchange for goods and services. One piece of paper can be exchanged for a cartful of groceries. Equally important, currency has enabled people to save the value of their labors for use at a future point in time.
Traditional currency we use everyday are issued by sovereign governments in which people base their trust and faith, in varying degrees.
The latest news out of Facebook this week is that the social network has been subject to yet another mass data hack, one that calls into question once again the integrity of users data on Facebook. These sorts of hacks are becoming more and more common within social networks and mark very bad news for the likes of Mark Zuckerberg who are trying to make their platforms a safer place.
The reality of it all is this – current technology is not strong enough to hold off hacks and attackers, the tech industry now demands a new alternative, an alternative that can be found in blockchain technology.
The post Just 10% of advertisers have executed ad buying using blockchain technology: survey appeared first on CoinReport.
Freelancers are taking the world by storm. Not only do they bring in over $ 1.4 trillion annually, it is also estimated that in just ten years, freelancers will outnumber traditional full-time employees.
Companies have realized that as freelancers increase in number, it is sometimes easier to hire a freelancer for one-time project-based work than it is to hire someone full-time. This has led many companies to frequently dip into the freelancing talent pool, utilizing freelancers’ skills for writing, editing, web design, programming, and more.
The truth is that anything connected to the internet can be hacked. However, hacking wasn’t always a problem. The History of Air Gap Technology Data used to be held offline, in what’s now known as cold storage. Data on external paper cards, then moved to tape and digital media as technology evolved. The first computers
The post Op-Ed: How Air Gap Technology Has and Will Secure Our Cryptocurrency Assets appeared first on CCN
The Malaysian government is seeking to explore blockchain solutions in the nation’s three largest industries: renewable energy, palm oil, and Islamic finance. A task force named the Malaysian Industry-Government Group for High Technology (MIGHT) will be spearheading the move to adopt blockchain in each industry in order to increase transparency, sustainability, and logistical efficiency according to a
The post Malaysia is Directing Its Three Largest Industries to Blockchain Technology appeared first on CCN