Nearing the close of the month of June, the cryptocurrency market is struggling to recover in overall prices. As of press time, total market capitalization is only at the $250 billion level with Bitcoin dominance hitting the 42% mark. This…
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Codius Set for Re-launch to Compete with Ethereum
Stefan Thomas, former Ripple CTO plans to re-launch Codius. Codius was an open source undertaking launched by Ripple in 2014 only to be shelved a year later. Thomas is now relaunching this smart contracts platform, which will go head to…
Alibaba pilots blockchain-powered food supply chain tracking solution
Chinese e-commerce giant Alibaba is piloting a blockchain-based solution to track supply chain of their food division, to combat food fraud. The pilot is being done by the company’s Australia and New Zealand branches. Food fraud is a common criminal…
Cardano Blockchain to help coffee-growers in Ethiopia for coffee export
Innovative blockchain-based start-up Cardano has signed a memorandum of understanding (MOU) with the Ministry of Science and Technology of the government of Ethiopia, for agri-tech development using the promising distributed ledger technology (DLT). The MOU has special focus on coffee…
Cisco patents technology that could allow cloud-based crypto mining
American multinational tech giant Cisco has won a patent that will allow crowd-sourcing of cloud computing model, which can facilitate many applications including crypto mining. The patent application was filed in September 2015, and has been approved recently by the…
Addressing Challenges Faced by the Geriatric Care Industry with Blockchain Technology
Innovation is much needed in the geriatric care industry. The geriatric care industry is a fast-growing one and is expected to be worth up to $1 trillion by 2024. This is due to people living longer than before. The percentage…
Colorado Set to Be Open for Crypto Currency Campaign Donations
The state of Colorado also known as the Centennial state has announced plans to accept Bitcoin and other digital currencies for their political campaigns. According to a report by the Denver post, secretary of state Wayne Williams submitted the proposal…
AWS Partners with Consensys to Boost Enterprise Block-chain Adoption
A new partnership has been unveiled between Cloud computing firm, Amazon, and block-chain software technology firm, Consensys. This partnership aims to radically simplify the creation and operation of private block-chain networks through a new service known as Kaleido. Kaleido is…
KIK Forks for Own Fee-free BlockChain
The Kin foundation, the organization managing the development of Kin is on the move again! Announcing that they will be forking stellar, to create their own block-chain. Just in case I lost you, Kin is an ethereum based coin that…
Plans afoot to restart Australian coal power plant for powering blockchain company
An Australian tech company IOT Group plans to restart a coal-fired power plant in Australia, for supplying cheap electricity to blockchain companies. However, the plan to restart the Redbank Power Station has met with reservations from the industry-watchers. Redbank power…