Tag: Blockchain

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Gaming Giant Atari to Feature in The Sandbox’s Forthcoming Blockchain Platform

Iconic entertainment firm Atari is partnering with The Sandbox on the upcoming voxel-based blockchain version of its popular user-generated content and gaming platform. Iconic entertainment firm Atari is partnering with The Sandbox (TSB) on the upcoming voxel-based blockchain version of its popular user-generated content and gaming platform. In an announcement on March 27, blockchain startup…
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Getting Ready for the Altcoin Resurgence

A new era is emerging in crypto, and only the projects quick to adapt to changing needs while delivering value will emerge successful. The altcoin market has been through tough times. At one point, the market lost over 90% of its value from its peak of $780 billion in January 2018. Many altcoin projects that…
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Indian Tech Giant Mahindra Speeds Up Cross Border Transactions with Blockchain

India’s Tech Mahindra said faster reconciliation and a reduction in paperwork are just two of the benefits of using the Marco Polo blockchain platform. Tech Mahindra, the IT subsidiary of Indian conglomerate Mahindra Group, has become the first Indian business to use R3’s blockchain-based Marco Polo Network for conducting cross-border transactions. It said the platform…
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Bison Trails Announces Support For Solana Protocol

Libra association member will include Solana at platform’s mainnet launch. Blockchain infrastructure-as-a-service company and Libra association member, Bison Trails, announced support for Solana on March 26. Solana is an open-source project that implements permissionless blockchain technology. Solana’s protocol uses a new approach to establish the order of blocks, called Proof-of-History, and will be available at…
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Blockchain Set to Stamp Out Cheating in World Chess Competition

World Chess is set to move matches online and introduce blockchain technology, after a major tournament was postponed due to the coronavirus. The 2020 Chess Candidates Tournament in Ekaterinburg, Russia has been postponed due to the coronavirus, but organizers are already looking to the future and how blockchain can give the sport a boost.  The…
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Suspicions Grow During BitBay’s 18-Hour Outage

Estonian crypto exchange BitBay has now been offline for eighteen hours now, sparking concern among users. Estonia-based cryptocurrency BitBay has been offline for 18 hours now, citing problems caused by a third-party service provider. On March 26, BitBay tweeted that it was struggling with a “network problem” resulting from their “external service provider.” The exchange…
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Ripple Labs Donates $200k to Combat COVID-19 Pandemic

Ripple will allocate funds to non-profit organizations in favor of fighting the coronavirus pandemic. Ripple Labs announced a donation of $200,000 to two different non-profit organizations on March 25. These donations will aid in the fight to contain the spread of the coronavirus throughout the U.S. In a tweet published on Ripple’s official profile, the lab…
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National Digital Currencies: Not Yet Too Big to Fail

Cryptocurrency is an alternative to sovereign currencies that are issued by state governments, but national digital currencies are not so far away from being launched. Over 30 years ago, in a January 1988 cover story emblazoned with a phoenix hovering over a paper-money inferno, The Economist offered this semi-prophetic vision of currency:  “Thirty years from…
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Bitcoin Fares Well Against Fiat Currencies, but It’s in a Class of Its Own

Much like Bitcoin, most fiat currencies experience periods of economic stagnation and immense decline when looked at from a broader perspective. Gone are the days of dusty ledgers and checkbooks. Over the last decade or so, the word “money” has taken on a completely new meaning for a lot of people all over the world.…
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Why Internet Growth Is a Prime Cryptocurrency-Adoption Driver

The increasing number of internet users could be a major driving force for crypto and blockchain adoption worldwide. As we enter the start of a new decade, the number of internet users has reached a truly astonishing level: Almost 4.5 billion people were active users as of January, encompassing 59% of the global population. With…
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