Bitcoin enthusiasts and the other market-watchers often wonder whether Bitcoin can eclipse the prevailing payment methods like VISA. Bitcoin electricity use is very high, and the Bitcoin community needs to address this first.
Author: proactiveknowledgeworker
Anujit has over two decades of IT industry experience, spanning software development, project management and consulting areas, and has added significant value to the businesses of clients he has supported. Outside of working hours, Anujit is passionate about history and sports.
Blockchain-powered music streaming service Choon launches Beta version of platform
Choon, the music streaming service and digital payments ecosystem, has launched the beta version of their platform. They provide a platform to independent artists, who will get paid with their NOTES cryptocurrency. Current state of music streaming industry (Source of diagram: Interview with Choon co-founder Bjorn Niclas) The music industry is dominated by intermediaries. The […]
Ethereum Foundation announces a grant for the high-performing Parity Technologies
Ethereum Foundation has announced a US $ 5 million grant for the technology start-up Parity Technologies. Parity Technologies is a high-performing member of the larger Ethereum ecosystem, and the company is making significant progress on several high-focus strategic areas vis-a-vis the Ethereum blockchain network. The move from Ethereum Foundation clearly demonstrates that the foundation is […]
Blockchain data storage using LoRaWAN and Tangle (Proof of Concept)
Harm van den Brink, who is an expert on the blockchain technology, cybersecurity, Internet of Things (IoT), and electric vehicles, has come up with a promising proof of concept (PoC). This involves LoRaWAN and Tangle, i.e., the technology underpinning the IOTA cryptocurrency. With his PoC, Brink has added one more dimension to the already happening […]
IBM seeks to patent a blockchain drone security solution
The technology giant IBM intends to patent a blockchain drone security solution. They had filed the patent application in March 2017. The United States Patent and Trademark Office (USPTO) has recently published it hence, the application is open for public view. This proposed blockchain drone security solution is an exciting piece of work in the […]
US Postal Service seeks to patent blockchain-based solution for user ID verification
The United States Postal Service (USPS) intends to patent a technology solution for user identity verification, that will use public and private key encryption as well as blockchain. The patent application was filed in September 2017, and was recently released by the US Patent and Trademark Office (USPTO). There remain lingering doubts about the security […]
Walmart seeks to patent blockchain-powered automated package delivery fleet
American multinational retail giant Walmart seeks to patent a technology solution that will allow automated vehicles to deliver packages to restricted areas of customer premises. The patent application was filed in October 2017, and has been published by the US Patent and Trademark office (USPTO) recently. When customers need to receive packages directly in the […]
Blockchain now combines with 3D printing to transform manufacturing
Blockchain now combines with 3D printing to transform manufacturing: The promising blockchain technology is now forming a powerful combination with another promising technology 3D printing. The combine has potential to transform manufacturing, and impact the future course of globalization. Globalization has resulted into manufacturing industries moving to low-cost geographies, from countries that had industrialized early […]
Giant automakers form blockchain consortium
There’s a now a blockchain consortium for the automobile sector. The Mobility Open Blockchain Initiative (MOBI) has been formed, with participation from giant automakers BMW, Ford, General Motors (GM), and Renault. The automotive sector is clearly the next frontier for big data, machine learning and other cutting edge technologies. Connected cars alone produce 25 gigabytes […]