Here are 9 interesting facts about the most talked about technological advancement that the world has witnessed thus far; The Blockchain –
- It can be used to assess scientific research claims.
- Blockchain technology has managed and distributed more than $270 billion in transactions.
- Blockchain’s market size will be $60 billion
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In the past few months companies have been aggressively pursuing blockchain technology to understand how it can revolutionize their businesses. The auto industry is said to some vested interest in this field presently. Four of the largest auto manufacturers in the world are now part of a group working to … Read the rest
Blockchain pioneer Charles Hoskinson’s latest project involves putting the birthplace of coffee on the blockchain. Hoskinson, who co-founded Ethereum and is at the helm at smart-contract fueled decentralized blockchain startup Cardano, has signed a memorandum of understanding (MOU) with Ethiopia’s Ministry of Science and Technology for ag-tech development on the … Read the rest
Streaming content is widely substituting traditional cable and television as the primary way for people to watch video content. According to a Pew Research Center survey, a whopping 61% of respondents aged 18-29 primarily use online streaming services to watch television. Streaming content is the wave of the future. SuccessLife … Read the rest
QuarkChain is the latest entrant into the blockchain domain that is working to create a highly scalable and secure blockchain which can handle up to one million transactions per second using a two-layered blockchain system. They are seeking to bring crypto to a wider mainstream audience and will support smart … Read the rest
Forgeries have long been an inescapable problem in the art world. By some estimates, roughly half of the artwork circulating on the international market is fake. The problem is that the current methods of authentication leave plenty of gaps in the system. Works of art disappear and then mysteriously reappear … Read the rest
According to the public records published on 2nd May, The Arizona House of Representatives passed a tax bill called Senate Bill 1091. The Senate Bill allows the citizens to pay their taxes using cryptocurrencies. However, in the recent vote, this initiative has been impeded with various amendments. The order release … Read the rest
New evidences are emerging, stating that practicable uses of blockchain are closer than what many health IT and security professionals have predicted. Blockchain holds big potential for overcoming issues of trust and ironing out technology wrinkles in the sharing of clinical and financial data in healthcare. While that is becoming … Read the rest
JPMorgan Chase is seeking to patent a system for using distributed ledgers as a way to facilitate and reconcile financial transactions, newly-released filings show. In a patent application published by the U.S. Patent and Trademark Office on Thursday (which was originally submitted last October), JPMorgan outlined a system that uses … Read the rest
Cloud-based graphics-rendering firm OTOY has introduced RNDR, “a blockchain-based rendering platform that leverages a distributed network of idle GPUs to render graphics more quickly and efficiently,” making the process of rendering and streaming virtual reality (VR) scenes easier for all users. RNDR is now announcing partnerships with blockchain developers … Read the rest