Blockchain has a great future in the ticketing industry, according to experts. However, integration will not be an easy process. Ticketmaster, one of the largest event ticket distributors in the world, announced in October 2018 that it had acquired Upgraded, a blockchain technology company specializing in live event ticketing. By applying blockchain technology, Ticketmaster set…
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Auditing giant EY released a new iteration of its zero-knowledge proof blockchain, intending to cut transaction costs by 90%. British auditing giant EY has released a new iteration of its zero-knowledge proof (ZKP) blockchain, intending to cut transaction costs by 90%. A ZKP is a digital protocol that enables data to be distributed between the…
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The Oil & Gas Blockchain Consortium successfully piloted a blockchain-based system for Authorization for Expenditure. A group of 10 major global oil and gas firms including heavy-hitters like Chevron and Shell has successfully digitized industry balloting using blockchain. The Oil & Gas Blockchain Consortium (OOC) successfully piloted a blockchain-based system for Authorization for Expenditure (AFE)…
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An inside look at the Telegram Open Network competition with an analysis of the contest’s task. Amid news of its recent spat with the United States Securities and Exchange Commission, relatively few people have likely heard about Telegram’s Open Network competition that occurred some weeks ago. It was a milestone event that transformed the once-miniscule…
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Ticketmaster discusses plan to use smart contracts to support millions of tickets on stage at ELEV8CON. Speaking at Elev8CON in Las Vegas on Dec. 9, Ticketmaster’s vice president of blockchain products Sandy Khaund discussed the value smart contracts can bring to the ticketing industry, a market expected to reach over $6.23 billion by 2025. Khaund…
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Ethereum was supposed to bring us the “world computer,” but even 3,000 transactions per second is woefully inadequate. Vitalik Buterin has claimed that Ethereum will support 3,000 transactions per second after the upcoming Istanbul fork. Will this unleash a new wave of Ethereum creativity? Might we expect a surge in traffic on the Ethereum network?…
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RSK is a smart contract platform secured by the Bitcoin network. Cointelegraph en Español spoke with Henry Sraigman, South-East Asia Regional Director of RSK, during the Asia 2019 Blockshow in Singapore. We covered the expansion of IOV Labs and RSK, the company’s present and future in Asia, and the prospects for Taringa! after its purchase.…
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The Algorand Foundation has released a protocol upgrade that “has proven block creation times of just over 4 secs.” The Algorand Foundation has released an upgrade to its protocol to include more tools for decentralized applications (Dapps) and develop scalable blockchain-native solutions for real-world use cases. The company announced the development in a Nov. 21…
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French law enforcement’s cybercrime unit has validated judicial expenses incurred during investigations on the Tezos blockchain. The French Armies and Gendarmerie’s Information and Public Relations Center has validated judicial expenses incurred during investigations on the Tezos (XTZ) blockchain. A press release published on Nov. 20 notes that the Gendarmerie’s cybercrime division (C3N) used the system…
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The U.K. Jurisdiction Taskforce of the Lawtech Delivery Panel published a statement concerning cryptocurrencies, DLT and smart contracts. The United Kingdom Jurisdiction Taskforce of the Lawtech Delivery Panel published a statement concerning the status of cryptocurrencies, distributed ledger technology (DLT) and smart contracts under English and Welsh private law. U.K. entrepreneur network Tech Nation announced…
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