Vodafone plans to link billions of distributed energy generating assets to grids using the Internet of Things and blockchain technology. Global telecommunications giant Vodafone has partnered with blockchain startup Energy Web (EWT) to connect “billions” of distributed energy generating assets via internet-of-things (IoT) and distributed ledger technology (DLT). Energy Web announced the partnership on May…
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Tencent Holdings aims to bolster blockchain technology development across China as part of a $70 billion investment in fintech. Chinese tech giant Tencent Holdings will allocate nearly $70 billion (500B yuan) over the next five years in fintech development, including blockchain, cloud computing, and artificial intelligence (AI). Reuters reported on May 26 that the company,…
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Decentralized identity solutions might be blockchain’s killer app. LG has partnered with United States-based company Evernym to develop blockchain ID technology. Asian financial news outlet Aju Business Daily reported on May 26 that LG CNS — LG’s IT services subsidiary — signed a memorandum of understanding with Evernym. The collaboration between the two firms aims…
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Researchers examine whether a message signed by a 2009 miner and calling Craig Wright a fraud may have been signed by Satoshi Nakamoto. Yesterday, a Bitcoin (BTC) miner (or multiple Bitcoin miners) signed a message calling Craig Wright a fraud. One of the addresses used had been previously attributed to the Bitcoin creator Satoshi Nakamoto.…
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Ethereum 2.0’s “many clients” approach is sometimes criticized for slowing down progress, but a Nimbus developer believes this will make the network more resilient. Progress on Ethereum 2.0 has picked up pace recently as the Schlesi multi-client testnet revealed itself to be a more-or-less stable network. Cointelegraph spoke with Zahary Karadjov, R&D lead for Nimbus,…
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Can blockchain cure the country’s job creation woes? Daejeon University is the latest in a series of South Korean universities redesigning portions of its finance and technology departments. The university made an official announcement on May 25 that it would open a new fintech department called “Future Convergence.” According to the announcement published by Daejeon…
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Blockstream seems to be taking a page out of Ethereum’s book as it sponsored a game that uses Liquid to issue non-fungible tokens, despite earlier criticism of the platform. At Consensus Distributed on May 12, Blockstream presented Lightnite, a Fortnite-like game that uses the Liquid Network for storing non-fungible tokens (NFT) representing game items. While…
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Craig Wright’s claim to thousands of Bitcoin addresses is shaken once again as 145 addresses with BTC from 2009 signed a message saying he is a fraud. A message signed by 145 wallets containing Bitcoin (BTC) mined in its first years calls Craig Wright a “liar and a fraud.” The message was published on May…
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The teenage hacker who allegedly stole $23.8 million in crypto from Michael Terpin may have threatened the life of a 16-year-old enlisted to help launder the money. Ellis Pinksy, the hacker who allegedly masterminded the theft of $23.8 million worth of crypto from pioneering investor, Michael Terpin, planned on retiring after the heist at the…
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The main steps that would help to accelerate the adoption of blockchain capabilities at the enterprise level. In my approximately two-decade career at Microsoft, I had the privilege and the opportunity to first work on the company’s emerging enterprise strategy, to architect and ship key enterprise technologies, and to build a strategic enterprise business and…
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