As entreprenuers continue to uphold their interests in blockchain technology across the global startup ecosystem, ‘trust’ seems to be the most critical point as of now. In a suvey conducted by PricewaterhouseCoopers (PwC), concern about trust among respondents in the survey was highest in Singapore (37%). Despite these challenges, companies … Read the rest
Technology has always been disruptive and with time, we often find ourselves tredding new paths of glory. With such a probable mission in mind, 3 Chinese banks have trialed a blockchain-based settlement system, completing their first payment. The platform recorded a total of six transactions, for a total value of … Read the rest
Visa is readying its blockchain-based digital identity system for cross-border payments for launch in the first quarter of 2019. The system, dubbed Visa B2B Connect, will provide a blockchain-based digital identity solution for financial institutions to securely process cross-border payments. The system reportedly tokenizes sensitive business data – such as … Read the rest
Since the end of 2017, the demand for Blockchain based Engineers has grown by a massive 400%. And it doesnt end here, companies are also willing to pay whatever it takes to get the right candidates on board. A recent survey revealed that the average earnings of blockchain engineers have … Read the rest
A Swiss startup company is attempting to make using cryptocurrencies for online transactions as simple and safe as using PayPal. The main accusation of the mainstream media against crypto is that it is “a currency that is hard to spend.” Even though, according to CNBC, the total worth of Bitcoin … Read the rest
Gary Cohn — former chief economic adviser to U.S. Pres. Donald Trump — has joined the board of advisers of blockchain-related tech company Spring Labs. In addition to serving in the Trump administration, Cohn has previously worked as COO of American banking giant Goldman Sachs, and most recently served as … Read the rest
The Mobility Open Blockchain Initiative (MOBI), and the Trusted IoT Alliance (TIoTA) have launched a tournament for blockchain applications in vehicles, according to an official press release. The new tournament entitled MOBI Grand Challenge reportedly intends to develop “the first viable” blockchain-powered network of vehicles and system to coordinate machines, … Read the rest
Opera has partnered with blockchain advisory and financial services firm Ledger Capital to explore possible blockchain applications. The two companies are looking to investigate applications and use cases of blockchain and how the technology can be deployed within Opera products and its ecosystem. Opera became the first major web browser … Read the rest
– Increased performance
The 21st century is all about being fast and even more fast. Its undeniable how speed has influenced everything around us, and this perhaps is one of the most criticial flaws in the whole concept of the blockchain phenomenon. In contrast to some legacy transaction processing systems … Read the rest
Despite being the hottest trending technology on the block, only 8% of firmsacross the globe – rate the use of blockchain in marketing as moderately or very important. Being subjected to a lot of hype, the technology has been underutilized in this domain of business. Because of this pause, a … Read the rest