New Crypto Backed by Gold and Silver Can Now Be Used to Buy Tickets to Sport Events

New Crypto Backed by Gold and Silver Can Now Be Used to Buy Tickets to Sport Events

An “evolutionary” monetary system that uses physical gold and silver as the basis for digital currencies has unveiled a series of partnerships as it works to increase participation in its platform and gain support from governments.

Kinesis argues that backing cryptocurrencies with precious metals help to reduce the “severe price … Read the rest

South Korean Hospital to Use Blockchain Tech for Medical Information Services

South Korean Hospital to Use Blockchain Tech for Medical Information Services

South Korea’s largest hospital organization, Myongjo Hospital has partnered with local tech company BICube to develop a medical services platform based on blockchain technology. It is understood that a Memorandum of Understanding (MoU) has been signed by both the parties. The two parties plan to use blockchain technology to create … Read the rest

GE Wants to Build Virtual Power Plants Using Blockchain

GE Wants to Build Virtual Power Plants Using Blockchain

GE is investigatingblockchainto potentially incorporate the technology into a virtual power plant offering, likely delivered via the company’s Predix platform. According to Steven Martin, GE Power’s chief digital officer; the move was in response to a general trend away from large central generating plants and toward distributed generation. GE has … Read the rest

Spanish Telecoms Operator Partners With IBM to Manage International Calls With Blockchain

BM and major Spanish telecommunications firm Telefónica have partnered to apply blockchain technology to managing international mobile phone call traffic. Telefónica is the seventh largest telecom company in the world by market capitalization, valued at $51 billion according to Forbes. The company carries out communications business in 17 countries, with … Read the rest

StarkWare Raises $30 Million to Solve Blockchain Privacy and Scalability Issues

StarkWare, an Israel-based blockchain specialist which commercializes a zero-knowledge proof system, has secured $30 million from high profile names within the cryptocurrency ecosystem, including Consensys, Coinbase Ventures, Intel Capital, Pantera, and Sequoia. Netanya-based StarkWare Industries, which was founded in early 2018 to develop its “full proof stack for the STARK … Read the rest

Microsoft to Integrate Blockchain Offering Into Nasdaq Services Following New Partnership

Microsoft to Integrate Blockchain Offering Into Nasdaq Services Following New Partnership

American software corporation Microsoft will integrate its Azure Blockchain technology into stock exchange Nasdaq Inc.’s Financial Framework (NFF). Per the recent announcement, Microsoft will integrate its Azure blockchain service with NFF, a technology which provides software for trading infrastructure and operations outsourcing, and fulfills Nasdaq’s risk and surveillance technology offering.… Read the rest

Singapore Based Startups Thriving On Blockchain Technology

Singapore Based Startups Thriving On Blockchain Technology

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

Swiss Startup Aims At Creating Crypto Based Paypal Model To Facilitate Digital Transactions By 2019

Swiss Startup Aims At Creating Crypto Based Paypal Model To Facilitate Digital Transactions By 2019

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