The London Stock Exchange Group has moved a step further in adopting blockchain technology. The group has joined forces with the tech giant, IBM to build the new platform. According to reports, the new platform will be used to digitally issue private shares in small and medium enterprises in Italy. The blockchain solution will be implemented by London Stock Exchange's Italian operations — Bor...
Blockchain technology has penetrated various industry segments, and the food industry is no stranger to it. Ambrosus, a blockchain company, is on its way to further revolutionize the food industry by creating a decentralized system to track produce. Launched last week, Ambrosus is a Swiss startup that has been working on the project for over a year now. The company is building its solution over...
India is going through a Bitcoin revolution, as the interest in the cryptocurrency continues to increase. At the same time, the Bitcoin ecosystem is currently at the crossroads due to the government's interest in regulating the digital currency. Following the creation of an inter-ministerial committee to evaluate cryptocurrencies and potential regulatory steps, there are speculations that Secur...
The exponential increase in popularity and growing price of Bitcoin had so far marginalized other cryptocurrencies, including Litecoin. But thanks to increasing scalability issues faced by the Bitcoin network, other cryptocurrencies were presented with a fighting chance. Litecoin, the cryptocurrency commonly referred to as the digital silver (while Bitcoin is considered as the digital gold) has...
The evolution of cryptocurrencies has led to an increased proliferation of dark net marketplaces, most of which use them as the medium of value exchange. However, the increased usage of these marketplaces to buy and sell contraband and illegal drugs has grabbed the attention of law enforcement agencies. Starting with the Silk Road — the first dark net marketplace, law enforcement agencies hav...
The Bitcoin community has been experiencing lots of uncertainty in the past few months, thanks to the discord between the development community and others regarding scalability solutions. The attempt to activate SegWit and its opposition with an alternative solution by the rival camp threatened to fork Bitcoin into two separate cryptocurrencies, while rest of the community braced for disruption of...
Even since the potential uses of blockchain technology started gathering attention, many entities have begun joining forces to create consortiums and working groups to further explore the technology. Over the past few years, Ethereum has gained prominence as a reliable protocol to enable the creation of seamless, flexible blockchain solutions. When some of the heavyweights from various industry...
Central banks of many countries with considerable Bitcoin usage are in the process of drafting cryptocurrency regulations. The South African Reserve Bank is one among them. According to recent reports, the country's central bank has decided to go ahead and test these regulations before making them permanent. The trial of a number of new regulations is expected to start in the next few months. A...
Distributed Ledger Technology (DLT) is one of the hottest technology platforms these days. Businesses across various industries are currently exploring the implementation of blockchain solutions into their applications. Catering to these rising requirements, few companies are involved in the development of proprietary solutions. As the technology progresses, the Japanese internet giant, GMO Int...
The rising cryptocurrency usage in India, combined with Bitcoin's rising price recently increased the government's interest in the cryptocurrency market. In order to regulate the market, a committee was set up by the country's Finance Ministry, which has been analyzing the cryptocurrency market, usage trends and the technology itself for few months. According to reports on leading media outlets...
