By Anujith Blockchain is a technology where a network of computers maintain a shared, verifiable, and permanent record of data. It is a distributed database comprised of two or more block records (referred to as “blocks”), which are linked together…
Everipedia plans to transform online encyclopaedia on a blockchain
Author – Sam Reads Everipedia may soon change the rules of the game, as far as the online encyclopaedia space is concerned. They plan to leverage blockchain technology to give a more tangible stake to their writers and editors.Wikipedia dominates…
British Telecom obtains patent for cybersecurity measure that will protect blockchain.
British Telecommunications PLC (BT), which is the largest telecom and internet provider in the UK, had filed a patent application for a proposed cybersecurity measure to protect blockchain. On October 31st, the US Patent and Trademark office has awarded this…
Bitconnect shuts down, deceives its customers and stops controversial lending of BCC token
One of the most controversial coin and often referred to as Bitconnect ponzi scheme lending platform finally shuts down as of Jan 16th. Bitconnect lending platform was trading around 300$ before the announcement. Bitconnect dumped the bitcoin amount to bitconnect…
Blockchain Loans – A New Hope For Microlending Startups
– Sam Reads, UK In the United States, more than 543,000 new startups are propelled every month. More than half of all new businesses aren’t ready to run their operations open for over five years. Similarly, in third world countries…
Renascence Of Cryptocurrency In China after ICO BAN
On Sept. 24, 2017, China banned initial coin offerings and cryptocurrency exchanges including Bitcoin in the first week of September 2017. The ban caused a precipitous drop in cryptocurrency flows worldwide. Some of China’s best bitcoin trades and merchants suspended…
Hyundai to Launch Its Own token on platform Hdac competing with IOTA for Internet of things blockchain
“The currency of the new economy is trust” is Hyundai’s new policy as the latter is holding an ICO to issue HDAC tokens. The countdown of Hyundai’s Token Generation Event began over a week ago. Backed by Hyundai BS&C, the…
Fidelity Charitable Records $22 Million in Bitcoin Donations During Last Year -2017
The charity unit of mutual fund giant Fidelity announced last week that have raised over $22 million from bitcoin donations for the year 2017. This was revealed by Fidelity Charitable, which is the charitable trust fund under Fidelity Investments. The…
Indian government evaluates blockchain as a governance tool
Guest Post – Anujith Union Government of India (GoI) is intensifying its already spectacular anti-corruption drive, which has so far seen impactful actions such as using technology to minimize subsidy leakage, and demonetization of high value currency notes that were…
Ripple may not be a True cryptocurrency, centralized and not a mineable coin, Its a token – To Investors
Ripple(XRP) took over Ethereum(ETH) as the second place with the marketcap of over 135 billion past week. The value of the token has skyrocketed from around 20 cents to $3.5 in less than a month. The idea behind the Ripple…