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Investment Banks challenged by blockchain upstarts

This combination of available financial data and new possibilities for blockchain-driven efficiencies have made the climate ripe for the disruption of traditional investment banks. “Accenture has estimated that some major investment banks could make a whopping $10 billion in efficiency savings by utilizing blockchain technology,” explains Thomas Levene, founder of Best Blockchain Solutions Consultancy. Thus, дальше »

2018-7-31 21:53


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Nanjing China to Launch $1.5 Billion in Local Blockchain Project Funding

Nanjing, the capital of China’s Jiangsu province, has launched a 10 billion yuan ($1.48 billion) investment fund for blockchain development, ZDNet reports July 23. Nanjing unveiled the major new fund at the inaugural Industrial Public Chain Summit (IPCS), together with the Zhongguancun Blockchain Industry Alliance –– a Beijing-based alliance of enterprises and government research institutes. дальше »

2018-7-24 02:26


STARKs, Part I: Proofs with Polynomials

Special thanks to Eli Ben-Sasson for ongoing help, explanations and review, coming up with some of the examples used in this post, and most crucially of all inventing a lot of this stuff; thanks to Hsiao-wei Wang for reviewing Hopefully many people by now have heard of ZK-SNARKs, the general-purpose succinct zero knowledge proof technology that can be used for all sorts of usecases ranging from verifiable computation to privacy-preserving cryptocurrency. дальше »

2018-7-21 23:03


Coinbase Custody Service Secures Major Institutional Investor Worth $20 Billion

Earlier this month, the popular cryptocurrency exchange known as Coinbase, announced a new digital asset storage service for institutional investors and high net individuals. This new service by the exchange was given the name of Coinbase Custody and the announcement was made via the exchange’s twitter page as well as its official blog. дальше »

2018-7-20 19:09


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Report: Blockchain cost nearly $ 12 billion to strike by 2022

A new report published by the International Data Corporation expects spending on blockchain solutions to increase annually at a growth rate of nearly 75 percent through 2022. Dubbed the “Worldwide Semiannual Blockchain Spending Guide,” analysts at the firm expect total spending on projects in the blockchain industry to hit $11.7 billion in 2022 alone, compared дальше »

2018-7-20 00:37


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New Research Finds Backdoor ‘Centralized Control’ in Many ICOs

Researchers from the University of Pennsylvania have found that a significant number of ICOs retained centralized control through undisclosed code.   Backdoor Centralization The full paper, titled Coin-Operated Capitalism and published on July 18, is an “interdisciplinary effort spanning law, economics, and computer science,” according to University of Pennsylvania Law Professor David Hoffman. дальше »

2018-7-20 23:00


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Module Poised to Refashion the World of Mobile Device Storage

The era when smartphone users walked around with gigabytes of unused and underutilized storage space has come to an end. Module has developed a revolutionary blockchain-based technology that will allow individuals to lease their unused storage space for a variety of uses and be rewarded for it! Their talented group of Japanese programmers is developing a radical new solution to the cloud storage and data mining industry’s shortcomings. дальше »

2018-7-15 04:30


Blockchain will contribute almost $1 billion to the telecoms sector alone within the next five years, MarketWatch reports Wednesday

Blockchain will contribute almost $1 billion to the telecoms sector alone within the next five years, MarketWatch reports Wednesday, July 11. a new research forecasts this week. According to a global market research store Research and Markets, blockchain technology in telecoms will explode from a $46.6 million industry in 2018 to one worth $993.8 million дальше »

2018-7-12 21:43


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The Daily: BitMain worth $ 12 billion, new US crypto exchange business for business

Based on this new valuation, Bitmain might seek a massive initial pubic offering (IPO) on the stock market in Hong Kong in the future. New US Exchange Opens The American crypto trading market is getting a little bit more competitive with a new exchange opening. HBUS, a strategic partner of Huobi, has begun accepting new дальше »

2018-7-9 17:16