Tag: Blockchain

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Chinese Courts Increasingly Use Blockchain Technology To Settle Cases

China’s smart internet courts have reportedly applied blockchain and artificial intelligence to decide on millions of legal actions. China’s smart courts are reportedly applying a variety of innovative technologies including blockchain and artificial intelligence (AI) to decide on millions of legal cases. On Dec. 5, China’s official Xinhua news agency reported that more than 3.1…
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Behind the Scenes of TON: Lessons Learned on Deploying Smart Contracts

An inside look at the Telegram Open Network competition with an analysis of the contest’s task. Amid news of its recent spat with the United States Securities and Exchange Commission, relatively few people have likely heard about Telegram’s Open Network competition that occurred some weeks ago. It was a milestone event that transformed the once-miniscule…
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Cardano’s Shelley Testnet Starts Off With More Than 5 Billion Staked ADA

Within less than 24 hours since Cardano’s testnet went live, ADA holders staked more than 5 billion ADA coins, worth around $195 million. Within 24 hours of Cardano’s testnet going live, Cardano (ADA) holders have staked more than 5 billion ADA coins, worth around $195 million. On Dec. 15, IOHK took to Twitter to report…
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Crypto Payments Firm FoPay Acquires Exchange AliExchange For $2.9B

Cryptocurrency payment service provider FoPay acquired Estonian cryptocurrency exchange AliExchange for about $2.9 billion. Cointelegraph apologizes for publishing this article, which did not meet our fact-checking standards.  Read more »Pay/Trade/Buy Bitcoin with Credit Card

Microsoft Revives Nonfungible Tokens, Sparks Industry’s Imagination

NFTs are finding applications beyond gaming. Microsoft has been quick to adopt them, but does this mean these tokens are actually becoming popular? Ever since the game CryptoKitties was released in November 2017, the concept of nonfungible token has been ingrained in the minds of developers and investors in the crypto community. However, 2019 has…
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Blockchain Supply Chain Platform Gains Metals Giant Glencore as Member

Glencore is the latest subscriber to the Responsible Sourcing Blockchain Network, a supply chain solution for the metals industry and other commodities providers. British-Swiss commodity trading and mining company Glencore will use an IBM-developed blockchain solution to track cobalt.  In a press release issued on Dec. 12, Glencore confirmed it had joined the Responsible Sourcing…
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Project Ragnarok: Digix Integrates Dissolution Mechanism for DigixDAO

Digix announces ‘Project Ragnarok’ integration of dissolution mechanism for its DigixDAO platform. Gold-backed stablecoin issuer Digix has integrated a dissolution mechanism into its DigixDAO platform, created to fund projects which encourage the growth of the Digix ecosystem. Each quarter, DGD token holders will vote on the mechanism — called Project Ragnarok — with DigixDAO only…
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Blockchain Pilot Makes Waves in Russia’s Energy Sector

Russian tech startup Waves announced it has been testing a blockchain solution for payments in the retail electricity sector. Earlier this week, Russian tech startup Waves announced it has been testing a blockchain solution for payments in the retail electricity sector. The pilot program was initiated by Rosseti, Russia’s national energy grid operator, which is…
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PayPal Sues Consumer Protection Agency for ‘Confusing’ Digital Wallet Rules

Digital payments giant PayPal is suing the Consumer Financial Protection Bureau for making it provide disclosures for fees it does not charge. PayPal is suing the Consumer Financial Protection Bureau (CFPB) for requiring the firm to make “misleading and confusing” disclosures about its fees. The digital payments giant filed a lawsuit against the CFPB on…
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TikTok Owner Reportedly Working With Chinese State Media on Blockchain

Owner of popular social media app TikTok has launched a joint venture with a state-owned Chinese media group to develop business lines for blockchain and AI. Owner of major social media app TikTok, ByteDance, has launched a joint venture with state-owned Chinese media group and ThePaper.cn operator Shanghai Dongfang Newspaper to develop business models that…
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