The R3 project is likely to be a significant milestone in the history for blockchain technology. On Tuesday, in a significant development, twenty two of the world’s biggest banks have come together to collaborate on developing an international payments system that would allow existing central bank currencies and any new digital ones to be transacted…
Read further on why investors including Bain Capital, Digital Currency Group and others are taking basecoin so seriously. U.S. investors, including the Digital Currency Group, have taken part in a pre-sale of basecoin, a crypto-currency which will be created by three Princeton University computer science graduates,Intangible Labs CEO and co-founder Nader Al-Naji. The other investors…
Blockchain technology being used to validate, store and track healthcare data. The Bitfury Group has entered into an alliance with Insilico Medicine, a Baltimore-based medical artificial intelligence (AI) firm, to create new applications for the healthcare industry using blockchain. Blockchain technology, being developped in the private as well as in the public sector, has…
Chinese miners are pushing for the split. In a significant development, the underlying code for bitcoins is likely to split on Tuesday and create a clone called “Bitcoin Cash”; this is likely to provide windfall gains to the holders of the cryptocurrency. This initiative is being led by a small group of mostly Chinese…
The LSEG is collaborating with IBM to develop a platform based on an opensource version of bitcoin tech called Hyperledger Fabric. In a significant development for the development of bitcoin technology, the London Stock Exchange Group Plc is collaborating with IBM so as to build a blockchain-based platform for the purpose of issuing private shares…
Although JPMorgan has left the consortium, it has cleverly distributed its bet in the blockchain technology. It has joined the Enterprise Ethereum Alliance and is an investor in blockchain startups Digital Asset Holdings and Axoni. It is also a participant in the Hyperledger Project, a cross-industry group led by the Linux Foundation. JPMorgan Chase &…
Traditional venture capital firms typically take 6 to 12 months to provide funding. The co-founder of blockchain startup Gnosis, Martin Koppelmann has disclosed that the company has decided to leave most of its remaining currency untouched for a year in the wake of its initial digital currency sale that raised $12.5 million in just 12…
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