The Department of Economic Development of Dubai has established a KYC blockchain consortium with six major banks.
Blockchain News
The most basic definition of blockchain is a shared, digitized ledger that cannot be changed once a transaction has been recorded and verified. All parties to the transaction, as well as a significant number of 3rd parties maintain a copy of the ledger (i.e. the blockchain), which means it would be practically impossible to amend every copy of the ledger globally to fake a transaction.
Bitcoin’s success has triggered the establishment of nearly 1000 new cryptocurrencies, leading to the delusion that the only application of blockchain technology is for the creation of cryptocurrency.
However, the blockchain technology is capable of a lot more than just cryptocurrency creation and may support such things as transactions that require personal identification, peer review, elections and other types of democratic decision-making and audit trails.
- News
- News
by Jack Martin
Samsung confirms its commitment to cryptocurrency and blockchain technology with enhanced features in the flagship Galaxy S20 smartphone models.
- News
Indian IT giant Tech Mahindra is launching a blockchain accelerator together with the government of the southern state of Telangana.
- News
Canaan, the world’s second-largest Bitcoin mining hardware manufacturer, and blockchain infrastructure firm Northern Data AG have signed a strategic partnership...
- News
The cross-carrier blockchain payment network allows transactions to be paid directly in the user’s currency through their mobile carrier.
- News
The crypto exchange is planning to work on a joint project with the Japanese telecom giant to test digital currency in cafes.
- Analysis
by Julia Magas
Partnerships, deanonymization and transaction pattern analysis: What else do international police use to detect crypto cybercriminals?
- Markets News
Crypto hedge funds see best January returns on record, a promising beginning to 2020.
- News
by Helen Partz
The European Space Agency, a major organization dedicated to space exploration, is funding a new blockchain project to boost the world’s mining industry.
- News
A London-based blockchain startup Mattereum's Asset Passport goes live on Ethereum mainnet. Its goal is to provide authentication services for collectible item...
- Sponsored
A blockchain-powered VR platform says it allows players to enjoy their digital assets in a fully immersive way — “as if they were physically there.”
- News
by Helen Partz
The Bank of Korea has started a project on building a blockchain-based bond system to enable distribution of bond records.
- News
by Helen Partz
Simplex, a major fiat-to-crypto onramp provider servicing exchanges like Binance, will now unlock direct crypto purchases for Celsius app users.
- News
A new Ethereum-based platform, Enjin, aims to make game creation and creative projects on the blockchain simpler for a wider community.
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