Before the year 2018 ends, cryptocurrency mining operations in Iceland will have consumed more energy than the household energy consumption of the country. Cryptocurrency mining is very energy-intensive. This may change. Tech giant Intel has patented a hardware accelerator technology…
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Manage Traffic Congestion by allowing cars communicate using Blockchain ?
Ford patents blockchain solution to allow cars communicate for managing traffic congestion: American auto-maker Ford has patented a technology that will allow cars to communicate between themselves and help manage traffic congestion. The blockchain-powered solution envisages a crypto token to…
Future of Intellectual property protection on a blockchain ? by Huawei
Shenzhen, Guangdong, China-based networking and telecommunications giant Huawei has applied for a patent, to use blockchain for the purpose of protecting intellectual property rights. Filed in August 2016, and currently being evaluated by China’s State Intellectual Property Office, the patent…
Intel plans to infuse blockchain technology into genetic sequencing
Technology giant Intel plans to bring in the blockchain technology into the world of genetic sequencing. One of their recent patent applications involves using the resource-intensive “Mining” operation of blockchain, to transform the complex process of genetic sequencing. Deoxyribonucleic acid…
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…
Sony obtains Patent for User Authentication System using Blockhain
Japanese technology giant Sony is planning to bring in the promising blockchain technology into the realm of user authentication. On October 26th, the US Patent and Trademark office has released a patent application filed by Sony, which shows how Sony…
Bank of America owns an impressive Patent for Cryptocurrency Exchange System
Nowadays the price of Bitcoin is touching new heights every hour, so the trader and cryptocurrency exchange platforms are adopting new innovative ways to provide safe and secure service to their customers. In this order Bank of America has owned…
