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Blockchain, the innovative distributed data storage method backing almost all of the more than 2,000 crypto assets existing today, has been often touted as a way to drastically improve the efficiency of traditional banking. However, according to the Head of Digital Market Assets at Credit Suisse, the uptake...
Blockchain Research Institute Chairman, Don Tapscott predicts China’s central bank will digitize their national currency within twenty years. In an interview with Bloomberg Technology, Tapscott said the Chinese acknowledge crypto as an important technology for China. This highlights a bizarre relationship, where on the one hand, authorities embrace...
Most of the world’s largest companies experimenting with blockchain are apparently doing so on Ethereum. Amongst the notable names are Fidelity, Google, and HTC. Blockchain spending has been increasing dramatically over the last few years and it looks like the number two crypto by market capitalisation is leading...
As the Bitcoin bear market ran its course through 2018 and early-2019, Facebook quietly entered the cryptocurrency and blockchain space. While the details of the venture were kept under lock and key at first, more and more has leaked about what pundits call “FBCoin,” a crypto asset from...
As put by countless stakeholders and commentators on Twitter and Reddit, crypto assets are much like sports teams. In other words, investors will stop and nothing to see their favorite projects succeed, whether it be Bitcoin (BTC), Ethereum (ETH), XRP, or what have you. Interestingly, over recent weeks...
Harvard’s $37.1 billion endowment fund has reportedly invested $12.65 million in Blockstack. The New York-based blockchain toolmaker lately applied with the Securities and Exchange Commission (SEC) to raise $50 million. The application submitted to the US securities regulator detailed the name of Blockstack’s advisory members. Among those names...
Private blockchains seem to be all the rage as of late. Mere weeks ago, JP Morgan Chase launched a private version of crypto network Ethereum, Quorum, to support the fittingly-titled “JPM Coin.” And over the past year or longer, technology heavyweight IBM has built an array of ‘decentralized’...
As much as crypto stakeholders bash Tron (TRX) for its questionable practices, marketing-centric policies, and its propensity to spark communal discourse, there is no doubt the blockchain project has done its utmost to stay afloat in this Bitcoin bear market. Whether it be releasing a Tron-based version of...
Token2049, a recent crypto conference in Hong Kong, saw some of the biggest names in Bitcoin and blockchain congregate. NewsBTC was lucky enough to snag Phil Chen, a world-renowned technologist and the head of HTC’s blockchain division, for a quick interview. We discussed his team’s phone, the Exodus...
In a presentation given at Princeton University earlier today, University of Pennsylvania professor and blockchain author Kevin Werbach has claimed that distributed ledger technology offers humanity an entirely new kind of trust. Rather than being a “trustless” technology as many crypto proponents argue, Werbach instead posits that blockchain...
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