Semantics aside, the world of blockchain technology represents a new paradigm in the way businesses interact and operate. When its true potential is realized, the integration of blockchain throughout global industries may manifest as a transformative wave that beckons the next era of technology and business. While one certainly wouldn’t […]
Tag: blockchain
EOS Constitution Violated
Seemingly every single day, there is some new drama related to the recently-launched EOS blockchain. The record-setting US$4 billion ICO has made its way into the limelight once more with a recent move by blockchain producers (BPs) to freeze seven user accounts. The EOS blockchain is perhaps the most confusing […]
What Is 21e8?
If you’ve spent much time on crypto Twitter within the past couple of days, you may have seen some discussion and even hysteria regarding a recently-mined block. Block #528249’s six leading characters were “21e800”, a phrase that has grabbed the attention of conspiracists and curious individuals throughout the cryptocurrency space. […]
Top 4 Reasons Ireland Is Attracting Cutting-Edge Tech Companies
Most people associate high tech with Silicon Valley, Tokyo, or New York. It isn’t often that our thoughts turn to Dublin as a magnet for bleeding-edge technology. Yet with nine out of ten of the top global software companies and the likes of Google, LinkedIn, Facebook, and Twitter having their […]
EOS New York Proposes a New Mechanism for Addressing Future Network Issues
A lot of things continue to happen behind the scenes of the EOS project. While that is usually a sign of positive growth, it seems the recent emergency actions have caused quite a few concerns. With the network grinding to a halt and a fix being deployed hours later, the […]
Bitcoin Price Watch: Currency Holds Its Ground at $6,700
At press time, bitcoin is staying put at $6,700. The currency reached this “pinnacle” just 48 hours ago after rising to $6,500 from its recent low of $6,200. There isn’t a whole lot to be said about bitcoin, presently. Most sources and analysts are of the same sentiment – that […]
In-depth overview of outstanding blockchains in Silicon Valley: How to define the standards of the next generation of public chain?
Recently, the community discussions focus on the blockchain era 3.0 and even the era 4.0. The debate between the Vitalik Buterin and the Bytemaster, leading figures of ETH and EOS respectively, helps more people to understand how significant the underlying technology is for the blockchain development. With the rapid rise […]
Universities and Business Schools Double Down on Blockchain Educational Efforts
Educational institutions worldwide are beginning to focus their attention on blockchain and cryptocurrency. Several universities have begun offering courses on both topics. It now seems some business schools are looking for ways to get in on the action, which is pretty interesting. Educating the Masses on Bitcoin and Blockchain […]
Top 4 Blockchain Interoperability Projects
One of the many factors holding global blockchain adoption back is that these chains cannot communicate with one another. Instead, every blockchain is seemingly doing its own thing at any given moment. Thankfully, there are a few projects which try to bridge the gap between the various blockchains. 4. Polkadot Although […]
Bitcoin Price Watch: Currency Continues to Stay Put
Bitcoin is not going anywhere anytime soon. After 72 hours, the currency is staying put at $6,500, and support remains strong at the present level. One source explains that the currency is “flirting” with a long-term support line, and that more exposed weaknesses could lead to a disastrous bear market […]
What Is Blockchain 3.0?
Most of us have heard of Web 3.0, whether we’ve come across a decent explanation of it or not. The first wave of the internet (Web 1.0) was basically a one-way flow of information. We could log on, read stuff, maybe send an email. But there was no real interaction, […]
Citibank Plans to Replace 20,000 Employees with Robots and Automation
Jamie Forese, the president and CEO of Citibank’s institutional clients group, stated in an interview with the FT that 20,000 employees, or around 40 percent of the bank’s total workforce, can be easily replaced with machine learning and artificial intelligence (AI). Banks are Replacing Employees with AI According to Forese, […]
Blockchain Can Turn the Finance Industry Upside Down: Germany’s Finance Chief
Felix Hufeld, chief of the German Financial Supervisory Authority (BaFin), the government’s main financial agency, stated in a speech at a conference held in Berlin that blockchain technology has the potential to turn the traditional finance industry upside down. Optimistic Long-Term Vision Despite the recent correction of the cryptocurrency market […]
Top 3 Industries About to Be Transformed by Blockchain
Blockchain technology represents an emerging sector and new paradigm of technology whose implications are massive. Speculation aside, it is becoming increasingly clear that blockchain is going to revolutionize a number of industries in national and global economies. Here are three such industries where blockchain-led disruption is imminent. 1. Insurance The […]
China State TV: Blockchain Will Be 10 Times More Valuable Than the Internet
China is suddenly bullish on blockchain technology. It has overloaded the cryptocurrency industry with praise over the past few months. The government has also led multi-billion dollar investments in blockchain projects with the vision of commercializing blockchain technology in the near future. Blockchain is Better Than the Internet CCTV, AKA […]
Top 3 Best Blockchain Platforms for Music Distribution
Problems with the music industry abound. That’s no secret. While the internet offers greater opportunities, it also hacks into artists’ profits. Sure, sites like YouTube and Vimeo give wannabe singers and musicians a chance to get their work in front of an audience. But they have to generate some pretty […]
The Economic Ripple Effect of Bitcoin Mining
Given the numerous drawbacks, Bitcoin mining tends to stop a lot of people in their tracks. As a handful of companies and countries ironically have a monopoly on the mining of Bitcoin, can it still be cost-effective to do? What’s the economic ripple effect of Bitcoin mining? Bitcoin Mining Contributes […]
Top 4 Blockchain Educational Opportunities
For new and experienced cryptocurrency enthusiasts alike, the world of blockchain represents an entirely new framework. The numerous applications and goals of blockchain technology, while impressive and potentially revolutionary, can also be quite daunting. Fortunately, there are a number of educational opportunities to both aid newcomers in getting their footing […]