Tag: Blockchain

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Ghost Coin to be Deployed as Payment for Hong Kong Vending Machines

John McAfee-backed privacy coin Ghost Coin partners with ivendPay as a payment option for Hong Kong vending machines. Ghost Coin, the proof-of-stake privacy coin led by John McAfee, can now be used in vending machines in Hong Kong Disneyland. Ghost announced on Twitter that it partnered with crypto payment system ivendPay to deploy the coin…
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Tezos Likely Avoiding SEC Action With $25M Class-Action Lawsuit Settlement

The consolidated class-action lawsuit against the Tezos Foundation appears likely to end in a $25M settlement which might forestall further SEC action. The Tezos (XTZ) class-action lawsuit from law firm Block & Leviton will likely conclude in a $25-million settlement on August 27. Tezos, like many initial coin offerings (ICO) from 2017, has come under…
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BitMEX Launching Services for Corporate Customers

Crypto derivatives giant BitMEX announced it would be launching corporate services for customers at the exchange. Hong Kong-based cryptocurrency derivatives exchange BitMEX is launching a new program with benefits for its corporate clients including enhanced security service, and accounting. According to a June 22 announcement on BitMEX’s support page, the exchange is launching a new…
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Blockchain Can Provide the Right to Privacy That Everyone Deserves

Blockchain technology can help to build a self-sovereign financial system where privacy belongs to the people. Contrary to popular belief, privacy is not for those with something to hide but with everything to lose. Authoritarian governments across the globe are increasingly using surveillance to control their citizens at the expense of personal freedoms and civil…
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Innovation Grant Worth $15 Million to Encourage Asian Blockchain Startups

Singaporean blockchain developers Building Cities Beyond creates an innovation grant to encourage development on its ecosystem. Building Cities Beyond (BCB) Blockchain, a Singapore based tech solution company for smart cities, has launched an innovation grant, worth $15 million, to encourage development on its ecosystem, according to Fintech News Singapore. This innovation grant comes as the…
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The Future of Peer-to-Peer Online Learning Amid the COVID-19 Pandemic

The coronavirus pandemic has shown the need for new innovative ideas in the delivery of education, and blockchain has a solution. The coronavirus pandemic is transforming the education sector as much as it is transforming various important aspects of our lives. The majority of teaching and learning has been transferred to digital platforms as many…
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Nonfungible Tokens Could Change the Way We Own Things

With the ongoing digitalization of the world, NFTs may become a very viable solution for tokenizing ownership and property. Blockchain technology is widely associated with the exchange of interchangeable digital assets, from payment systems like Zcash (ZEC) and Libra to platforms like Ethereum and Substrate, using what are known as fungible tokens. An item that…
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South Korea Looks to Track Crypto Transactions in Light of Recent Scandal

A South Korean government agency aims to trace crypto transactions conducted on the dark web by developing an AI-based software. The Korea Internet and Security Agency, or KISA, plans to develop an artificial intelligence-based software to trace cryptocurrency transactions on the dark web in response to the Telegram Nth Room sexual ring case. According to…
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Blockchain Expands in Advertising Industry, but Crypto Remains a No Go

Crypto has been left out of the advertising industry, but blockchain technology may be its ticket back in to innovate and change the space. Despite seeing substantial growth in popularity, topping Google search trends amid the recent halving, the coronavirus pandemic and mainstream coverage, the cryptocurrency industry has somewhat been left out of the advertising…
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Proposing an ‘Uber-Like’ Growth Model for Blockchain Incentives

A DeFi lending platform for cryptocurrency, Kava Labs, could be described as the “Uber of Bitcoin,” as the platform represents an Uber-like business model. Today’s most successful entrepreneurs tapped into their wealth through startup technology companies such as Amazon, Oracle, Facebook and Microsoft. Just ask Jeff Bezos, Larry Ellison, Mark Zuckerberg and Bill Gates, who…
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