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Candidate for Kenyan Elections Body Says Adopting Blockchain Will Reduce Ballot Costs by 300%
An aspirant to the post of commissioner with the Kenyan Independent Electoral and Boundaries Commission (IEBC) has urged the elections body to consider adopting blockchain technology. According to Justus Abonyo, a former official with the Social Democratic Party of Kenya, doing this will help Kenya reduce the cost of “running an election by up to […] дальше »
2021-7-19 16:30 | |
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Ethereum Data Purposes Green Ecological Revolution in Blockchain
Crypto miners are shifting from the conventional Proof-of-Work (PoW) algorithm to a greener alternative. Ethereum, for instance, is migrating from PoW 1. 0 to Proof-of-stake (PoS) 2. 0 to reduce its energy footprint and cheapen transactions. дальше »
2021-7-2 21:42 | |
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Burstcoin was the real green alternative until Chia Network raised $69.7M on a concept of Proof of Capacity
The two biggest consensus mechanisms known in the crypto universe are Proof-of-Work and Proof-of-Stake, created by Satoshi Nakamoto and Sunny King(PeerCoin), respectively. Since creating these mechanisms to support the underlying technology of blockchain, there have been many other alternatives to reduce energy consumption and introduce a new method of mining using hard disks called Proof-of-Capacity, […] The post Burstcoin was the real green alternative until Chia Network raised $69. дальше »
2021-5-27 15:00 | |
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Largest Stablecoin, Tether (USDT), is Now Live on Ethereum Scalability Solution, Hermez Network
Tether’s stablecoin, USDT, is now live on Hermez, a scaling solution on Ethereum based on the ZK-rollup solution. Announced on Monday, the move to Ethereum Layer 2 is set to reduce the hiking gas fees, which have been rising as the DeFi and NFT space grew on the blockchain. дальше »
2021-4-20 19:02 | |
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JPMorgan Launches Blockchain-Based Validation Solution for Financial Institutions
Banking giant JPMorgan has revealed the launch of a blockchain solution that will reduce the number of failed transfers within its payment system. This development was announced on Monday, with the bank confirming that the solution named ‘’Confirm’’ is in its testing phase. дальше »
2021-4-13 10:00 | |
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JPMorgan Piloting Blockchain-based Payment Solution in Asia
American investment bank and financial services provider JPMorgan, on Monday, April 12, launched ‘Confirm,' a blockchain solution to reduce the number of rejected or returned payments. ‘Confirm' Validates Transactions In ‘Near Real-time' Following the launch, the US bank is now test-running the blockchain solution with 12 banks in Taiwan. дальше »
2021-4-12 20:50 | |
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State Bank of India Joins JPMorgan’s Ethereum-Forked Blockchain Payment Network, Liink
State Bank of India (SBI), the largest bank in India, has announced a partnership with US bank JPMorgan to use its blockchain-based technology to enhance international transactions. The government-owned bank explained that the partnership would help reduce transaction costs and time to execute customers' payments. дальше »
2021-2-23 22:38 | |
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Bison Trails Aims to ‘Significantly Reduce’ Node Syncing Times on Ethereum & Polkadot
Blockchain infrastructure company, Bison Trails, announced its Global Blockchain Sync platform, aiming to significantly cut down on time spent in syncing nodes across blockchains The post Bison Trails Aims to ‘Significantly Reduce’ Node Syncing Times on Ethereum & Polkadot first appeared on BitcoinExchangeGuide. дальше »
2021-2-17 21:25 | |
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Bison Trails introduces new feature to reduce the time it takes for new nodes to sync
CryptoNinjas » Bison Trails introduces new feature to reduce the time it takes for new nodes to sync Bison Trails, a blockchain infrastructure platform-as-a-service company, announced today the launch of its Global Blockchain Sync (GBS) feature. дальше »
2021-2-17 21:50 | |
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Bison Trails launches Global Blockchain Sync to enhance node operations, reduce lag times
The platform-as-a-service company has released new functionalities that could greatly enhance the node operations of its clients. For platforms like Polkadot, new validators can be launched in as little as 20 minutes. дальше »
2021-2-17 17:00 | |
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Clothing the Naked Emperor – the Blockchain Potential Unleashed With Prasaga
Prasaga is a Foundation-based organization and the creator the DataGrid Blockchain, a new native chain and coin project, embracing developers, miners, and token holders. DGB will be language agnostic, allowing developers to have full code reuse on a global scale, which will greatly reduce development time and complexity. дальше »
2021-1-21 14:00 | |
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Building Smart Parking System Using Blockchain: Interview With Rebecca Johnson of Datarella
The impetus behind the project is to minimize the city’s car-intensive commuting culture by incentivizing drivers to reduce the number of car trips they make into the city. BeInCrypto: Rebecca, please tell us more about the project. дальше »
2020-12-16 18:38 | |
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IOHK adds SMASH metadata server to its Cardano platform
Cardano (ADA) blockchain developer IOHK has announced the addition of a stake pool Metadata aggregation server SMASH into the Cardano ecosystem. According to the announcement, the main reason for the launch of Smash is to enable IOHK to reduce the influence of bad actors such as trolls, spoof pools, and potential attackers. дальше »
2020-11-20 12:53 | |
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Australian Senator: Blockchain Can Reduce Fin Regulatory Complications
Australian Liberal Senator Andrew Bragg is calling for blockchain adoption to uplift the financial regulatory system. Speaking at the Future of Financial Services 2020 conference, Andrew Bragg said that blockchain technology is the future. дальше »
2020-11-5 19:03 | |
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HSBC Bangladesh Issues the First Letter of Credit on the Blockchain
HSBC Bangladesh has executed a blockchain-based Letter of Credit (LoC) transaction helping reduce wait time from 5-10 days to less than 24 hours, a Nov 1 report by the Daily Star reveals. HSBC Bangladesh Issues the First Letter of Credit (LoC) on the Blockchain A Letter of Credit is a commercial document issued by the bank andRead MoreRead More. дальше »
2020-11-3 02:00 | |
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Blockchain tech may reduce nuclear risks: report
Centre for Science and Security Studies, which is the research wing at King’s College London published a report on 2 November that outlined attributes of blockchain technology and how it could enhanThe post Blockchain tech may reduce nuclear risks: report appeared first on AMBCrypto. дальше »
2020-11-2 21:00 | |
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Ripple to Invest In Its SBI Holdings Joint Venture, MoneyTap, A Blockchain-Based Payment System
In an announcement, Ripple Inc. confirmed its investment in MoneyTap, a joint venture between the San-Francisco blockchain payments provider and Japan’s bank, SBI Holdings. The investment aims to enhance payments across blockchains, reduce the high costs, and process times of international remittances through MoneyTap. дальше »
2020-10-30 16:16 | |
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Blockchain tech is helping to reduce the impact of deforestation in Brazil
The move is intended to prevent “laundering” cattle from sanctioned farms.
дальше »2020-9-24 23:00 | |
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New Blockchain Solution To Cut Data Management Costs By 90%
The Investing and Saving Alliance (TISA) has announced that it is developing a blockchain-based utility for the asset management industry. The new solution known as TISA Universal Reporting Network (TURN) is projected to reduce data management costs by 80% to 90% in its first year of operation. дальше »
2020-9-23 20:45 | |
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Everledger, JD.com Tap Blockchain for Diamond Authentication
Everledger and JD. com have announced the launch of a distributed ledger technology (DLT) solution designed to bring transparency to online diamond sales and reduce counterfeiting in the Chinese precious stones market, according to a report on August 25, 2020. дальше »
2020-8-26 01:00 | |
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Cryptocurrency Focused Insurer, Evertas, Raises A $2.8 Million Seed Round Led by Morgan Creek
Chicago based Evertas insurance has raised $2.8Million in a recent seed round. The insurance company, formerly known as BlockRe, was founded in 2017 by current CEO J Gdanski. They have zeroed in on the crypto realm, helping their clients reduce exposure to crypto-related risks offering expertise in insurance, Blockchain, investigation, and financial audits. The seed […] дальше »
2020-7-15 22:29 | |
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Startup Helps Reduce Child Labor in Africa & Aspires to Work with Tesla
A blockchain startup helps car manufacturers ascertain that the raw materials they use are not produced by children.
дальше »2020-7-12 21:00 | |
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AVA Labs Integrates Chainlink’s Decentralized Oracles to Improve DeFi Dapps Development
AVA blockchain, becomes the latest platform to add Chainlink, a decentralized oracle system to its platform. The integration of Chainlink to the Dapp blockchain platform will reduce the development time and allow the creation of new products on the platform such as crypto derivatives, calculation of strike prices and triggering liquidations. In an official report […] дальше »
2020-6-3 19:33 | |
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U.S. Authorities List Blockchain Among COVID-19 Critical Services
In accordance with the COVID-19 guidance issued by President Donald Trump on March 16, the Cybersecurity and Infrastructure Security Agency (CISA), has listed distributed ledger technology (DLT) among the critical infrastructure services needed to effectively reduce the spread of the virus, as such, blockchain managers as “Essential Critical Infrastructure Workers” are expected to maintain theirRead MoreRead More. дальше »
2020-3-24 20:00 | |
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South Africa Looks to Blockchain to Reduce Unemployment
South Africa’s Presidency believes blockchain could improve mining systems and reduce unemployment in the country
дальше »2020-3-13 06:38 | |
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France and Austria tap Blockchain Analysis to Reduce Crypto Crime
Criminals have been drawn to cryptocurrencies for some time. Governments in Europe are now joining forces to put an end to this illicit activity. According to local sources, France’s NIGMA Conseil and Austria’s Institute of Technology are joining forces. дальше »
2020-2-27 02:00 | |
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Press Release: How Blockchain And Cryptocurrencies Can Reduce Corruption
Blockchain technology has quickly become highly popular in the financial world, making it possible to transact with cryptocurrencies, such as Bitcoin, Litecoin and Ethereum, online. Blockchain, a distributed ledger technology,. дальше »
2020-2-20 19:35 | |
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Coronavirus: Chinese Insurance Firms Tap Blockchain for Rapid Claims Processing
Chinese Insurance service providers are increasingly adopting blockchain technology for faster claims processing to significantly reduce the need for face-to-face contact amidst the coronavirus outbreak in the region, reports The South China Morning Post on February 10, 2020. дальше »
2020-2-10 22:00 | |
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Crypto Group Asks IRS to Make Small Payments Tax-Free
The Wall Street Blockchain Alliance is the latest to ask the U. S. Internal Revenue Service (IRS) to consider a ‘de minimis’ exemption for crypto tax payments below a specific value. IRS Should Reduce Crypto Tax Burden According to Law360, the Wall Street Blockchain Alliance has written a letter to the IRS calling for tax exemptions for crypto transactions below a certain threshold. дальше »
2020-2-6 19:00 | |
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EY Rolls Out Zero-Knowledge Proof Technology For Ethereum, Reducing Costs By More Than 90%
Accounting giant EY has just launched a blockchain technology meant to reduce the costs of private transactions. The announcement was made on Thursday, when the firm made its Ethereum (ETH) blockchain zero-knowledge proof (ZKP) technology called Nightfall available to the public. дальше »
2019-12-20 20:38 | |
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Tradeshift Uses Ethereum’s Network To Speed Up Cross Border Payments And Reduce Cost In Test Pilot
The fintech startup Tradeshift says they have been using the Ethereum (ETH) blockchain in order to process cross border transactions. This allowed the firm to reduce costs and make payments between buyers and suppliers faster and more reliable. дальше »
2019-12-18 21:42 | |
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Exodus Blockchain Phone Maker HTC To Lay Off More Employees To Keep Its Innovative Edge
Smartphone manufacturer HTC has announced its intention to reduce its employees for a second consecutive year in efforts to realign its strategy and remain innovatively competitive, CoinDesk reports. дальше »
2019-12-18 20:43 | |
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India's TCS launches Quartz DevKit to accelerate blockchain app development
Industries across different domains have tried to deploy blockchain technology meaningfully in their businesses in a bid to eliminate redundancies and reduce time and risk. In a recent development, InThe post India's TCS launches Quartz DevKit to accelerate blockchain app development appeared first on AMBCrypto. дальше »
2019-12-17 18:30 | |
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Lisk’s Lightcurve Blockchain Studio To Layoff 40% Its Workforce To Reduce Burn Rate
The blockchain project Lightcurve has made the decision to lay off 40 percent of its employees in order to enable moving forward in the market. It is worth mentioning that Lightcurve is part of the open-source platform Lisk, which is powered by a cryptocurrency called LSK and is among the top 100 largest cryptos in […] дальше »
2019-12-14 20:28 | |
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China’s State-Owned Bank, CCB, Launches A Blockchain-Based Small Business Financing Platform
One of China’s largest financial institutions, China’s Construction Bank (CCB) launched its blockchain based re-factoring platform. The announcement, released on December 10th by local news outlet, Sina Finance App, further points out the bank aims to boost efficiency and reduce risks pinned to the factoring business. дальше »
2019-12-11 17:04 | |
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NVIDIA’s New Clara Federated Learning Platform Uses Blockchain and AI for the Healthcare Sector
NVIDIA, the systems and GPU chips manufacturer has introduced a new AI and blockchain-based computing platform that will make it possible for healthcare providers to reduce the analyses of multifarious Three-dimension models to a few minutes from the many hours it previously took. дальше »
2019-12-3 19:28 | |
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Not-For-Profit GoodDollar Secures Funding For 2020 As UBI Project Celebrates First Birthday
Coinspeaker Not-For-Profit GoodDollar Secures Funding For 2020 As UBI Project Celebrates First BirthdayGoodDollar, the non-profit organisation aiming to reduce global wealth inequality through blockchain technology and universal basic income (UBI) principles, celebrates its first birthday this November. дальше »
2019-11-28 16:14 | |
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Not-for-profit GoodDollar secures funding for 2020 as UBI project celebrates first birthday
GoodDollar, the non-profit organization aiming to reduce global wealth inequality through blockchain technology and universal basic income [UBI] principles, celebrates its first birthday this NovemberThe post Not-for-profit GoodDollar secures funding for 2020 as UBI project celebrates first birthday appeared first on AMBCrypto. дальше »
2019-11-28 12:30 | |
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Hard Problems in Cryptocurrency: Five Years Later
Special thanks to Justin Drake and Jinglan Wang for feedback In 2014, I made a post and a presentation with a list of hard problems in math, computer science and economics that I thought were important for the cryptocurrency space (as I then called it) to be able to reach maturity. дальше »
2019-11-25 04:03 | |
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R3 partners with London-based Archax to manage post-trade activites
Enterprise blockchain software firm, R3, has signed a partnership with London-based institutional digital securities exchange, Archax, on 18 October. In accordance with the partnership, R3 will not only handle Archax’s post-trade activities on a distributed ledger, but will also build its infrastructure to reduce friction in the post-trade process. дальше »
2019-10-18 12:30 | |
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R3 partners with London-based Archax to manage post-trade activities
Enterprise blockchain software firm, R3, has signed a partnership with London-based institutional digital securities exchange, Archax, on 18 October. In accordance with the partnership, R3 will not only handle Archax’s post-trade activities on a distributed ledger, but will also build its infrastructure to reduce friction in the post-trade process. дальше »
2019-10-18 12:30 | |
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