Zero-knowledge proofs are important for security and privacy, however, they are cumbersome. Electric Coin Company, the team behind Zcash has come up with Halo, an improved Zero-knowledge proof solution.
IBM has recently acquired Red Hat, the technology giant. The company is using this recent acquisition to strengthen Sterling Supply Chain Suite, its new blockchain supply chain product.
The music industry poses several challenges for artists, who don’t get fair compensation. A blockchain music company can offer better deals to artists, however, questions arise about copyright.
The food supply chain operations are complex, however, blockchain can help. Walmart plans to use a blockchain food supply solution for shrimp farming in India.
With the advent of blockchain, tokenized securities are now a reality. Overstock.com, an American online retailer has now made its moves in this space.
Blockchain technology is highly promising, however, developers need support in the form of open-source tools and frameworks. NEO has recently joined .NET Foundation, which should make blockchain DOTNET development easier.
Ensuring the security of SIM cards is crucial in today’s age of mobile Internet, however, it’s challenging. A new Verizon blockchain patent to create virtual SIMs could help.
Crypto exchanges continue to face challenges. Recently, a cryptocurrency exchange software bug in the prominent crypto exchange Kraken allowed users buy cheaper Bitcoin
Cross border payments have a large market, however, the industry faces multiple challenges. Mastercard and R3 have now partnered to develop a blockchain cross border payments solution, which should help the industry.