Blockchain News


global-blockchain-042518.jpg The Blockchain Research Institute (BRI) has expanded its Board by adding 12 new members, including global leaders in Banking and Technology. Funded by leading companies and governments, the Blockchain Research Institute is a multi-million dollar global blockchain think-tank devoted to the study of blockchain strategies, applications and obstacles to implementation. The new members include cloud

arizona-tax-cryptocurrency-042518.jpg A bill that would allow residents in Arizona to pay their taxes in cryptocurrency cleared hurdles in a key committee in the state's House of Representatives. Senate Bill 1091, sponsored by Republican Senator Warren Petersen, passed the Upper chamber on February 8. The Rules Committee of the Arizona House Monday approved the Bill with amendments, paving the way for a full House vote. If passed,

powerledger-kansai-042518.jpg A Japanese electric utility major has partnered with the blockchain start-up Power Ledger to trial peer-to-peer renewable energy trading in the country. The effort aims to provide communities with cheaper energy systems to offset existing energy costs. Generating customers will be allowed to monetize their renewable energy investments by selling their excess energy peer-to-peer.

rekt-cryptocurrency2-042518.jpg Borrowed from online gaming slang, REKT means wrecked or ruined, usually in reference to a big loss suffered in a cryptocurrency trade. An example from a reddit post: "I saw a 12 Million Dollar position get liquidated last night, some people got completely rekt."

sktelecom-ams-blockchain-042518.jpg SK Telecom plans to use blockchain technologies to provide asset management and payment service within this year, The Korea Herald reported, citing the South Korean telecom operator's blockchain unit head. The company would also build a platform named "Token Exchange Hub," aiming to boost transparent financial deals by blockchain startups and small and medium-size enterprises.

californiabill-blockchain-042418.jpg A California Senate panel has signaled a "go-ahead" to a Bill that allows companies in the state to store data, including information about stockholders, on a blockchain. Bill 838, which was introduced by Senator Robert Hertzberg in January, aims to establish a secure method to issue and transfer corporate share certificates. The State Senate's Banking and Financial Institutions Committee referred

airdrop3-cryptocurrency-042418.jpg A common word in the crypto sphere these days, AIRDROP is a way to distribute a new coin or token. In an AIRDROP, coins or tokens are distributed to the community for free or as a reward for participation in the project. Most of the times, the only requirement for receiving coins or tokens in an AIRDROP is to have a relevant blockchain wallet.

aws-blockchain-042418.jpg Amazon Web Services or AWS announced its Blockchain Templates, which will give developers a faster way to set up networks on the Ethereum blockchain or Linux Foundation's Hyperledger Fabric. In a statement, AWS said these templates will give users a fast and easy way to create and deploy secure blockchain networks using open source frameworks.

walmart-paymentapp-blockchain-042318.jpg Retail giant Walmart is looking to use blockchain technology for their vendor payment sharing system and courier shopping system. This was revealed in two patent application published by the US Patent and Trademark Office (USPTO) last week. The applications were originally filed on October 13, 2017.

elaad-iota-charger-042318.jpg The Netherlands is now home to the world's first IOTA-enabled electric vehicle charging station that is being tested. The IOTA charger is part of the ElaadNL test site, an initiative of the Dutch grid operators who are exploring ways to make the existing network efficient and affordable to support the development of electric mobility, or e-mobility and smart charging.

fud-cryptocurrency-042318.jpg FUD simply means "fear, uncertainty and doubt". Misinformation will be spread deliberately with the intention of feeding it into the overall market sentiment. Such misinformation would be usually spread through comments in crypto discussion forums on reddit and other social media. Some comments made by personalities on TV can also be treated as FUD.

mastercard-identityprotection-blockchain-042018.jpg Payment giant MasterCard is set to use blockchain technology for identity protection. It has filed a patent application for the "method and system for identity and credential protection and verification via blockchain." The patent application no. US20180101684 was filed with the United States Patent and Trademark Office (USPTO) which was published on their website last week.

belgium-un-feeding-042018.jpg Belgium has contributed EUR2 million ($2.4 million) to promote innovative projects by the United Nation's World Food Program (WFP). The money will allow the UN agency to scale up research and trials into the use of drone and blockchain-based payments to provide food to refugees. WFP is implementing...

newsfund-malta-blockchain-042018.jpg Blockchain-based Equity Fundraising Platform Neufund announced its support to the rapidly expanding blockchain ecosystem in the small Mediterranean island nation Malta, which plans to transform itself into a fintech hub and a crypto-friendly "Blockchain island." The move comes two months after Malta announced the adoption of a legal blockchain framework.

fujitsu-iota-hannovermesse3-042018.jpg Fujitsu, the Japanese information technology conglomerate, is set to introduce IOTA, which it calls the next generation distributed ledger technology or blockchain, at the Hannover Messe trade fair in Germany this month. The trade fair, Germany's biggest, is set to take place between April 23-27. The show will host 6,500 exhibitors and 250,000 visitors.

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