Tag: Blockchain

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Insurance Industry Eyes Blockchain as Top Firms Begin Tests

With Anthem announcing their blockchain project, the technology’s mainstream acceptance continues to increase. On Dec. 12, the second-largest health insurance company in the United States announced plans to leverage blockchain technology to secure the medical data of all its 40 million members over the next three years. The most unique quality of a blockchain is…
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Tech Development, Investments and NFT to Drive Crypto Adoption in 2020

Even though cryptos now enjoy a decent level of publicity, these three global trends could make them go mainstream in 2020. As the end of the year draws closer, discussing what the future holds for the crypto industry becomes increasingly relevant. In particular, how global financial and technological trends will affect the adoption of cryptocurrencies…
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University of California at Santa Barbara Just Finished Its First Accredited Blockchain Course

University of California at Santa Barbara concludes its first accredited blockchain course, highlighting the importance of blockchain education. The University of California at Santa Barbara (UCSB) has just concluded its first accredited course focused on blockchain and distributed ledger technology. The course, which was taught as a computer science class through the College of Creative…
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10 Best Performing Cryptos of 2019 Not Named Bitcoin

Here’s a list of the best performing crypto assets — excluding Bitcoin — for 2019. Since the start of 2019, the crypto market has been on the receiving end of an insane amount of financial volatility.  For example, in January, the total market capitalization of this burgeoning sector was around $130 billion. However, by July,…
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Hedera to Compensate Investors That Lock Tokens With More Crypto

Blockchain firm Hedera announced that holders of its HBAR token who decide to further lock their crypto assets will be compensated with more cryptocurrency. Blockchain firm Hedera announced that holders of its HBAR token that decide to lock their crypto assets will be compensated with more cryptocurrency. In a blog post on Dec. 23, the…
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Torus Encourages Users To Test Their Wallet By Sending Ethereum Via Reddit

Torus lets users test their wallet by sending them ETH through their Reddit or Google email accounts. Just in time for the holidays, private key management firm Torus announced on Reddit today they will send Ethereum (ETH) to any Reddit username or google email account. According to a post on the r/ethereum community reddit thread, a…
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Hackers Grab Nearly $480K From Blockchain Platform Nuls

Blockchain platform Nuls has lost almost $480,000 worth of NULS tokens due to a hack, according to an official security update. Blockchain platform Nuls has lost almost $480,000 worth of NULS tokens due to a hack, according to a security update tweeted on Dec. 22. In its tweet, Nuls said it had detected that 2…
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Block.One Proposal Would Prevent Users From Buying EOS Resources

Block.One, the firm behind the EOS blockchain and token, proposed that the network’s resource allocation system should only allow users to rent network resources. Block.One, the firm behind the EOS blockchain and token, proposed a major change to the network’s resource allocation system that would require users to rent network resources. According to a blog…
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Forex Reforms Will ‘Deal With Cryptocurrency,’ Says Chinese Government

Fresh but somewhat vague statements from the Chinese State Administration of Foreign Exchange reveal a new push to clarify the country’s crypto approach. China has hinted that its treatment of cryptocurrencies such as Bitcoin (BTC) may change again as it looks to reform its forex markets. As Reuters reported on Dec. 24 citing a senior…
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China Issuing Bonds on Blockchain Is a Sign of What’s to Come

China’s latest bond issuance on the ledger is a sign of trust placed into the blockchain technology, but not everything may be rosy. The Bank of China has recently issued 20 billion Chinese yuan ($2.8 billion) of special bonds, which it has sold in order to fund small and micro-enterprise businesses, according to the China Development…
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