Tag: Blockchain

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Report: Middle East and Africa’s Blockchain Spending to Surge 400% by 2023

The International Data Corporation projects that Middle East and Africa’s blockchain spending would surge from $21 million in 2019 to $105 million by 2023. As global blockchain adoption is accelerating, countries in the Middle East and Africa (MEA) are forecasted to massively increase their spending on the tech in the next few years. According to…
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Behind the Scenes of TON: Lessons Learned on Deploying Smart Contracts, Part 2

TON’s programming languages for general-purpose and for writing smart contracts: Tech analysis from the inside view. This is the second article in our series on integrating payment channels on Telegram Open Network. In the first part, we introduced the network, detailed our experience of the contest, and explained how synchronous and asynchronous smart contracts work.…
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Steemit to Shift Its Proprietary Blockchain and Token to Tron Network

Tron partners with Steemit, a major blockchain-based blogging and social networking website that will be moving to Tron’s network. The Tron Foundation, a cryptocurrency firm that is known for hyping its long ledger of partnerships, appears to have entered a particularly important one today. The maintainer of major cryptocurrency Tron (TRX) has just partnered with…
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After MIT Find Vulnerabilities, Medici Ventures Defends Blockchain Voting App Voatz

CEO of Overstock has issued a statement supporting blockchain in voting in response to the technology’s recently published vulnerabilities claims. Jonathan Johnson, CEO of Overstock and president of Medici Ventures, has issued a statement supporting blockchain in voting in response to the technology’s vulnerabilities claims published on Feb. 13. Emerging technologies got in the crosshairs…
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Russia Leads Multinational Stablecoin Initiative

Russia is taking the lead in issuing a multinational stablecoin backed by commodities with the Eurasian Economic Union, or EAEU, and BRICS countries. Russian President Vladimir Putin is the most influential person in the blockchain industry, according to Changpeng Zhao, the CEO of major cryptocurrency exchange Binance, which added five trading pairs: Binance Coin (BNB),…
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Blockchain Use Gains Momentum in Oil Industry for Being Safer, Cheaper and Cleaner

The oil industry is facing some big challenges, and experts think blockchain could be the solution. Oil is central to the growth of the global economy and maintenance of political stability. But for an industry that plays such an important role in both shaping and maintaining the world around us, its business model is quickly…
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South Korea Commits $16M to Training Future Digital Finance Experts

The South Korean government is going to invest $16 million in training more digital finance experts in the coming four years. The Korean financial services commission and the Seoul metropolitan government have announced plans to invest $16 million in training digital finance experts for four years on Feb. 12. The application period to win the…
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Poloniex Platform Masters Russian Language After Leaving US Market

Poloniex introduces “partially localized” version of Poloniex for Russian speaking users on its platform. Russia is apparently becoming a more attractive market for cryptocurrency firms as another major crypto platform is adding Russian language support. Poloniex, a popular crypto exchange originally based in the United States, has begun adding the Russian language on its platform…
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Millions of Online Retailers Can Now Accept DAI on Coinbase Commerce

Millions of Coinbase Commerce merchants can accept stablecoin Dai as payment method. Coinbase Commerce, a platform that supports cryptocurrency payments for internet retailers, has added MakerDAO’s DAI stablecoin as a supported payment method this week.  This integration will let merchants around the world accept the USD-pegged stablecoin as payment for goods and services without Coinbase…
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Bangladesh Bank with $4 Billion in Assets Now Employs RippleNet

Bangladesh-based Bank Asia has joined Ripple’s RippleNet blockchain-based financial services network. Bangladesh-based Bank Asia has joined Ripple’s RippleNet blockchain-based financial services network. The partnership was only recently discovered after a Twitter user pointed out the Bank Asia logo in an official Ripple document on Feb. 10. Still, the partnership must be well over a month…
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