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LG CNS, a subsidiary of South Korean LG Corporation that supplies information technology services, has recently launched its own blockchain-powered service, local Yonhap News Agency reports Sunday, May 13.
LG CNS’ own blockchain platform “Monachain” has been designed to enable blockchain-based logistics in the fields of finance, manufacturing, and communication, according to Yonhap.
One of the main deployments of Monachain provides a digital authentication system, as well as a digital currency, and a digital supply chain management tool. As the local source reports, Monachain enables a new type of identification, a decentralized identifier (DID), that can be used for personal identification and online payments via smart devices.
Monachain also allows users to open a digital wallet and conduct financial operations. According to the report, LG CNS is seeking agreement with domestic banks to bring its digital currency business to a wider audience. A representative of LG CNS commented:
"Even further, Monachain can help business owners boost productivity as the company provides a digital supply chain management system that enables suppliers to manage the entire production processing efficiently."
In May 2017, LG CNS partnered with R3, a blockchain consortium made up of over 200 firms.
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huawei-releases-bitcoin-wallet-in-app-store-pre-installed-on-all-new-smartphones

Huawei Technologies Co., a Chinese multinational communications technology company, has announced that mobile phone users will be able to download Bitcoin (BTC) wallets on new Huawei devices starting Friday, Bloomberg reported May 10.

Huawei is releasing BTC.com’s Bitcoin wallet in its AppGallery app store, which will be pre-installed on all new Huawei smartphones, according to Alejandro de la Torre, vice president of business operations at BTC.com. It will reportedly be the first digital currency app offered on Huawei devices.

Access to apps like BTC.com’s is limited in China as the government blocks Android’s Google Play Store and some parts of Apple’s App Store. While Chinese authorities shut down cryptocurrency exchanges and banned initial coin offerings, people can still own cryptocurrencies. De la Torre told Bloomberg:

“It’s a good opportunity to tap into the Chinese market. The use of cashless payments with apps is very big and the traditional banking system is lacking, so there’s a good use case for crypto payments to grow there.”

In March, it was reported that Huawei is planning to develop a smartphone that will support decentralized applications (DApp) running on blockchain technology. Last year, Huawei shipped 90.9 mln units in the Chinese market, where it enjoys a dominant market share of 20.4 percent. Huawei’s global market share was 11.8 percent in the first quarter of 2018. Jaime Gonzalo, vice president of Huawei’s mobile services said in a statement:

“From our leadership position in China, the tip of the spear of mobile payments, we expect to see massive growth in global cryptocurrency adoption habits in the near future.”

Last month, Huawei announced the launch of a Blockchain-as-a-Service (BaaS) platform focused on smart contract development, “a high-performance, high-availability, and high-security blockchain technology platform service for enterprises and developers.”

Meanwhile, China is planning to release nationwide blockchain standards by the end of 2019. A dedicated working group has reportedly already begun work on the project.
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Kakao Corp, the major internet conglomerate and service provider for popular South Korean messaging app KakaoTalk, has officially introduced a new business plan, Kakao 3.0, that includes plans for opening a Blockchain platform aimed at the wider Asian markets, local news outlet Yonhap News reported yesterday, March 27.

Earlier this month, Kakao had already tentatively announced the creation of an as-of-then unnamed Blockchain subsidiary, which Yonhap News reports is now called Ground X, and hinted at an Initial Coin Offering (ICO) launch.

Cointelegraph contributor Joseph Young tweeted that the Blockchain platform will launch in 2018:


The impetus for the turn to Blockchain comes from the fast pace of the growing technology sector, according to co-CEO of Kakao Yeo Min-soo:
"Bearing in mind that the global IT paradigm is changing at a breakneck speed these days, we will work tirelessly to introduce services that meet the needs of our users by pioneering new technologies in the age of Internet and mobility, as we have always been a trailblazer in this market."
Joh Su-yong, another co-CEO of Kakao, said during the Kakao 3.0 announcement in Seoul that "armed with the quality digital content, Kakao will expand beyond its strategic market, Japan, into China and Southeast Asia," specifically in the areas of music, games, and videos.
Ground X will also look beyond South Korea’s borders, “explor[ing] the technology with the goal of taking the technological leadership in Asia.” The announcement continues:
"Ground X will open its blockchain platform to the public, explore ways to leverage R&D and investment to ensure further growth, and offer new blockchain-based services combined with Kakao's existing services.”

Another popular messaging app, Telegram, has also expanded into the cryptocurrency sector,  reporting that their ICO presale raised $850 mln in their filing of security exemption notice with the US Securities and Exchange Commission (SEC), which allowed US accredited investors to participate.

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The Blockchain initiative B31,  run by several international insurance companies, has announced the formation of the startup B3i Service AG in Zurich, Cointelegraph auf Deutsch reported on Monday, March 26.
The consortium aims to create a blockchain trading platform for a value-added chain of the entire insurance industry.
The B3i initiative and the newly founded B3i service AG are both backed by the major reinsurers Munich Re and Swiss Re as well as other major insurance companies, such as Zurick, Allianz and Aegon. While the research initiative initially focused on a pilot project to explore the potential use cases of Blockchain technology in the insurance industry, B3i Services AG will now implement the results in a functioning block-based trading system.
The previous pilot project by B3i for the international insurance coverage for natural disasters involved all in all 38 insurance companies and brokers. According to the blockchain initiative B3i the absolute efficiency gain from a full implementation of Blockchain is 30 percent, as stated in a press release on the project.
The formation of B3i Serve AG is no the first use of Blockchain technologies in the insurance industry. Companies such as Deloitte and a group of other insurers had also successfully tested Blockchain for their customer management during a change of provider in November of last year. Also in September 2017, shipping giant Maersk, along with Microsoft, Ernst & Young and a number of insurers, completed a 20-week trial on Blockchain data management for cargo insurance.
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The leading Japanese information and communication technology (ICT) firm Fujitsu recently announced the opening of its international Blockchain Innovation Center in Brussels, Belgium to explore the technology’s potential applications in all possible areas, according to a  press release published March 21.


In its official statement, Fujitsu claimed that the new center will research and develop Blockchain-based solutions in “sectors of all kinds”, from Distributed Ledger Technology (DLT)-based audits to Blockchain-based voting.

Yves de Beauregard, head of Fujitsu Benelux (Belgium Netherlands Luxembourg), noted growing interest to Blockchain technology among customers and claimed that many DLT-based applications are still unexplored.

“This is just the beginning, as we intend to explore the wider potential use of blockchain in a variety of commercial areas,” Beauregard said.

According to the company’s press release, Brussels was chosen as the location of the Blockchain Center for its "geographical, political, technological and linguistic advantages for international organizations that are considering applications of blockchain technology."

Previously Cointelegraph reported that Japanese Blockchain and cryptocurrency firm Tech Bureau offered its private Blockchain to Belgian company Digipolis, an organization for inter-municipal ICT services for Belgian cities Ghent and Antwerp, as part of “The Blockchain Lab” to provide the more efficient administrative framework for cities.

Source
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Several Google insiders reveal that the tech giant is working on its own blockchain technology for various applications in its cloud business in an effort to beat the competition.

google-developing-own-blockchain


Google, the search engine giant now operating under parent company Alphabet, is creating a blockchain-based technology to boost its cloud business, Bloomberg reports, citing unidentified sources with knowledge of the matter. The company will make the technology available to third parties that can use it for transactions, according to the sources. This would help Google stay one step ahead of rivals in the cloud services market.

Last year, Google was one of the largest investors in blockchain startups, according to estimates by research firm CB Insights. One person familiar with the matter revealed that the tech giant continued to invest in startups working with distributed ledger technology (DLT), adding that many partnerships have yet to be announced.

Several people in the cloud business division, which is led by Diane Greene, have been exploring the use of blockchain over the last few months, another source noted.

“Like many new technologies, we have individuals in various teams exploring potential uses of the blockchain, but it’s way too early for us to speculate about any possible uses or plans,” a Google spokesperson told Bloomberg.

It is known the company will offer a white-label version of the technology that other entities could run on their servers. However, there is no precise timeframe for any product launch.

Sridhar Ramaswamy, Google's senior VP of ads and commerce, confirmed at the Advertising Week Europe conference in London that the company was looking at blockchain, but no product announcement materialized.

“This is a research topic, so I don't have anything super-definitive to say. We have a small team that is looking at it. The core blockchain technology is not something that is super-scalable in terms of the sheer number of transactions it can run,” Ramaswamy said.

In 2017, CB Insights revealed that GV, the venture capital firm operated by Alphabet, had invested in blockchain companies such as Blockchain Luxembourg, Ripple, LedgerX, and Veem.

Source
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An application distributed on March first, 2018 shows that PayPal has petitioned for a patent that will permit speedier crypto installments to happen.

paypal-applies-for-patent-for-faster-payments
PayPal applies for a patent for faster crypto payments

The worldwide installment organization is looking for a quicker method to help the speed of digital currency installments.

The idea looks to address the issue of time when per taking crypto installments. Typically because of wellbeing measures, these exchanges take longer yet this new technique will decrease the measure of the time it takes for an exchange to experience between a purchaser and a dealer.

The strategy will enable PayPal to the alternate way the procedure that includes sending an exchange and waiting for it to be included the following square in the system.

To accomplish this PayPal has proposed a way that will consider the making of optional wallets that will have their own particular interesting private keys for merchants and purchasers.

The framework is intended to exchange private keys that compare to the correct number of any given digital money.

The application points of interest an equation in which private keys, which are fundamentally a series of letters and numbers that are utilized to execute and control one's crypto property – are changed between a purchaser and a vendor in the background.

A bit of the recording clarifies: 

"The frameworks and techniques for the present exposure for all intents and purposes dispense with the measure of time the payee must hold up to make sure they will get a virtual money installment in a virtual cash exchange by exchanging to the payee private keys that are incorporated into virtual money wallets that are related with predefined measures of virtual money that equivalent an installment sum distinguished in the virtual cash exchange." 

This accommodation is outstanding as it comes a long time after PayPal reported it had joined forces a few Bitcoin installment processors in a move that enabled traders to acknowledge cryptos through its installment center point since 2014.

The new improvement isn't astounding given that PayPal fellow benefactor Peter Thiel is intensely put resources into Bitcoin through the author's store, a firm he helped dispatch.

In the remark, area discloses to us what you consider PayPal applying for a patent that will permit quicker crypto installments.
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Currently live in three Eastern European markets, Shelf.Network aims to disrupt automotive auctions.

Shelf.Network Seeks to Empower Sellers with Decentralized Auctions (Source- iStock)
Shelf.Network is building its new distributed network for auctioning, which allows you to run the same auction synchronized on multiply interconnected marketplaces. After launching several tests in partnership with the Ukrainian government, on state property trades in 2015/16, last year the company decided to move onto a more commercial niche, and now aims to disrupt automotive trading.

At the moment, the Shelf.Network system is live in three markets in Eastern Europe, with partners in the face of six leasing companies and four marketplaces. One of the niches served is the ex-lease secondary car market. As the business of the partners expands to new markets, Shelf.Network is providing more, better-priced deals at no extra cost.

The Shelf.Network team is an international group, working both in Ukraine and in Berlin, Germany, after being accepted into the TechStars accelerator.

The next step for Shelf.Network is to scale its services and add Western European suppliers. Thus, the company aims to take a piece of the $250 billion annual market in automotive auctions. As the project grows, the network aims to open to public trades and provide tools for tokenization, through which different network clients can run loyalty, advertising programs, build cross-border payment services and improve their operations for effective networking.

Overall Shelf.Network is an infrastructural layer that divides inventory distribution from re-marketing and disintermediates current centralized e-commerce platforms, allowing anyone to have democratized access and act as a trade agent. The diversity of agents builds a tailored bundle of services (financing and transportation) around each shared asset and make one-click cross-border sales a reality.

Shelf.Network also aims to offer one-click auctioning marketplace deployments that can be easily customized and supported. In the future, the network aims to add other asset channels for foreclosure market, collectibles and commodity tradings.

Essentially, the project wants to create a legitimate use case for blockchain technology which goes beyond mere gimmicks and ‘crypto toys’, and the industry definitely needs such developments to facilitate widespread adoption.

You can learn more about the Shelf.Network project on their official website or follow them on Facebook for more updates.

Source Link 

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Walmart has filed a patent application for a "smart package" that would track products more efficiently and authenticate customers in a more streamlined manner.

walmart-files-patent-for-blockchain-based-shipping
Walmart Files Patent for Blockchain-Based Shipping Solution (Source-Flickr)

2017 was the year that saw numerous beginning blockchain ventures take off, giving financial specialists and tech evangelists a feeling of positive thinking about the fate of this innovation and its suggestions for both the private and open segments.

We can see an increasing speed this year, with organizations like Walmart dunking their toes into the pool and finding better approaches to make their supply chains more complex and proficient.

The world's best retailer of incomes recorded a patent a week ago, depicting in it a "savvy bundle" that would work on what is apparently a private blockchain created by the organization.

The document contains the following section:

Many customers shop online for various reasons include (sic) ease of shopping, comfort of shopping, to save time and any number of other reasons that customers may have for shopping online. These online customers many times seek to purchase items that may require a controlled environment and further seek to have greater security in the shipping packaging that the items are shipped in. Current shipping packaging does not provide for such desired functionality.
This follows numerous mentions of a blockchain that would improve tracking mechanisms for customers who order online from Walmart’s website.

For example, the patent describes a blockchain-based system that would provide more convenient ways for customers to authenticate themselves as the owners of the products they ordered. The way this would work, according to Walmart’s vague description in its application, is that the “smart package” would have a monitoring device attached to it that would detect when the package is opened and then proceed to update its status.

 This isn’t the first time the retailer has pondered blockchain-related projects. Towards the end of last year, Walmart partnered with IBM to improve food safety in China using blockchain technology.

If the project comes to fruition, shoppers will be able to use their smartphones to track the journey their food made to the store.
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Blockchain advances are not held just for fintech and online services. They have substantially more extensive applications, and 3D-Token means to demonstrate it by enlivening a blockchain-based advanced industrial facility for in the nick of time fabricating.

The concept of just-in-time (JIT) manufacturing was first introduced in Japan in the 1970s by Toyota’s management team. The innovative idea quickly gained popularity as a revolutionary approach to production for it allowed waste reduction and business processes optimization. It gradually morphed into the lean manufacturing ideology and an integrated system for production management.
According to various studies carried out in the early 2000s, American companies that introduced JIT saw an average 70% reduction in inventory, a 50% drop in labor costs, and an 80% cut in space requirements over a period of five years post adoption.

3D-Token Combines JIT, Blockchain and 3D Printing

Politronica Srl and its research unit decided to take the idea to a whole new level to align it with the digital era. The company is a spin-off from Italian university Politecnico di Torino and has a solid track record of successfully implementing projects, as well as three patents and four international R&D awards. Currently, it runs a network of 100 3D printers and aims to increase the number to 3,000 in 2019 with a production capacity of up to 300 tons of processed bioplastics.

Token Sale Details

One investor in 3DT is Etherical.io - a pre-ICO token fund known for its zest for buying promising new coins at the earliest possible stages to get a preferential price. The project raised $1 million during the pre-sale and reached its soft cap.
The ICO started on January 1, 2018, and it has already moved onto the third stage, which will be live until February 11, 2018. If you are interested in the project, you can buy the tokens with a 25% discount, while those investing 10 ETH or more can get a personalized offer and assistance in exchanging USD/ETH. For more details, visit their official site or subscribe to their Facebook and Telegram for updates.

The 3D-Token (3DT) project will join the thousands of 3D printers in a blockchain-managed network to reduce production costs for small and medium-sized enterprises and stimulate innovative projects based on JIT manufacturing principles. Moreover, it will include a marketplace where users can exchange their 3DTs for digital models to be used in their projects or to invest in innovative projects. 3DTs will be tradable within the network at a fixed price equal to the maximum price at the ICO.
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Litecoin has been giving up its positions in the past days, as its price stagnated once again to a range of around $180.
NEO has taken center stage again, as it displaced Litecoin (LTC) in another re-arrangement of the top 10 at CoinMarketCap. NEO may turn back and fall in the charts, but the loss of positions by Litecoin has become more significant, as newcomer digital assets are displacing it in value.
For a while now, Stellar (XLM) has also held up a higher market capitalization compared to Litecoin.However, Litecoin still has a wider user base, and the discrepancy in market capitalization does not tell the whole story.
It is notable that NEO and XLM are two assets that held better in the latest asset sell-off. NEO has held up well above $150, and XLM is, for now, stagnant, but has shown possibilities of rising to $1.
The price of NEO has held up quite well despite the recent hack at Coincheck. This time, the crypto market remains hot enough that it could absorb the loss of $600 million's worth of assets in stride.
In the case of NEO, price movements remain to a large decree a form of speculation. Yet NEO will run its Devcon in the following days, possibly attracting more developer talent and gaining prominence gradually.
NEO has modeled the conference after the same format by the Ethereum platform.
A project I'm looking at: . It's essentially LinkedIn on the blockchain. Partnerships with , Ontology, Carnegie Mellon University, University of Berkeley. Headed and founded by Steve Chen, cofounder of YouTube. 38M MC and just listed on Huobi.
Platform projects like NEO still need to develop the best approach to smart contracts, and the Devcon would be a major driver in the next few days or even weeks. NEO will still have to increase the number of ICOs and projects, but it has managed to move in a pattern not unlike Ethereum, at least until now.
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Viberate’s token, VIB, has nearly doubled in price over the past 24 hours as a massive trading volume of $332,516,000 pushed the price up 95% from $0.33 to $0.65. This trading volume is 3x the alt coin’s current market capitalization, reflecting a huge surge of new support in light of its upcoming partnership with the Enterprise Ethereum Alliance.

Viberate is the only blockchain-based music platform that connects musicians to venues without the need for an agent, or other middlemen. Its native VIB token is used to reward fans for promoting their favorite artists across social media and referring new artists or venues to space; creating an engaging community that has live music at the heart of it.
Enterprise Ethereum Alliance is a non-profit group of developers that connects with over 500 tech startups, enterprises, and academics to advance the industrial capabilities of Ethereum. With over 30,000 backers and an ever-expanding network, Ethereum has become the household name in cryptocurrencies alongside its main rival for the top spot, Bitcoin.

What does this mean for Viberate?

This new partnership will allow Viberate to expand beyond the potential of its current blockchain, connect to the well-established Ethereum user base and ensure the best possible future for the platform. Priced under $1 and with a total supply of 200,000,000 this altcoin still has a lot of potential in the year ahead. Be sure to keep an eye out!

Buying VIB and storing it

Currently, you can buy VIB on most popular exchanges, including Binance, Bittrex, Upbeat, HitBTC, and OKEx.
As for VIB wallets, since it is an ERC20 token, you can store it on any compatible Ether wallet, including MEW (MyEtherWallet) or use Jaxx, which supports VIB on both, its desktop and mobile apps.
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