Tag: Blockchain

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Æternity Releases Final Hard Fork Software to Compete with Ethereum

The core development team of blockchain platform Æternity announced the release of the software of its latest hard fork, Lima. The core development team of blockchain platform Æternity announced the release of the software of its latest hard fork, namely Lima. Æternity announced in a press release published on Nov. 5 that the introduction of…
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Oxfam’s Blockchain-Based Agricultural Insurance Pays Farmers in Sri Lanka

Charity organization Oxfam announced the success of its blockchain-based delivery system of microinsurance to farmers in Sri Lanka. The United Kingdom-based charity organization Oxfam International announced the success of its blockchain-based delivery system of microinsurance to paddy field farmers in Sri Lanka. In a Nov. 4 press release, Etherisc announced that Oxfam’s blockchain-based insurance system…
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Coinbase Legal Chief Wants Private Sector to Create US Digital Dollar

Coinbase’s legal chief Brian Brooks believes the private sector should be responsible for creating the United States digital dollar. Coinbase’s legal chief, Brian Brooks, feels that the United States government should take a step back and allow the private sector to create the U.S. digital dollar. Private sector should build the technology In a Fortune…
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Facebook’s Calibra Exec: Libra Is More Like Email Than PayPal

Libra will be a “journey of years and decades” and not a payment service like PayPal but more of an interoperability protocol like email, says Calibra’s VP of product. Facebook’s crypto project Libra will be more similar to email tech than payment services such as PayPal, vice president of product at Calibra said. Speaking at…
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Coca Cola Using Blockchain for $21-Billion-Per-Year Network

Coca Cola’s bottlers are implementing a blockchain solution from German software firm SAP to manage their cross-party transactions. Coca Cola’s bottlers are implementing blockchain technology to manage their cross-party transactions. A Business Insider report on Nov. 5 revealed that Coke One North America (CONA) — the tech firm that manages IT operations for the soda giant’s…
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Global Blockchain B2B Volume Expected to Hit $4.4 Trillion by 2024

Business-to-business cross-border payments carried out on a blockchain will exceed $4.4 trillion by 2024, after reaching $171 billion this year, says Juniper Research. The value of Business-to-Business (B2B) cross-border payments carried out on a blockchain will exceed $4.4 trillion by 2024, after reaching $171 billion this year. According to a press release published by Juniper…
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US Federal Reserve Hiring New Manager to Research Digital Currencies

The United States Federal Reserve is hiring a manager for its Retail Payments section to contribute to the research of digital currencies and stablecoins. The United States Federal Reserve is hiring a manager for its Retail Payments section in Washington, D.C. On Nov. 3, the U.S central bank posted a new job opening to its…
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China Introduces Blockchain-Based Identification System for Cities

China has introduced an independently developed blockchain-based identification system for its smart city infrastructure. China continues to up its blockchain game with an independently developed blockchain-based identification system for cities as part of its smart city infrastructure. On Nov. 4, Chinese daily tabloid newspaper Global Times reported that the newly developed identification system was jointly…
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Canadian Regulators Seize Crypto Exchange Reportedly Owing $16M to Clients

Regulators in the Canadian province of British Columbia have shut down the Einstein cryptocurrency exchange, which reportedly owes $16 million to clients. Regulators in the Canadian province of British Columbia have shut down the Vancouver-based Einstein cryptocurrency exchange. In a press release on Nov. 4, the British Columbia Securities Commission (BCSC) reported that it had…
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Stellar Burns Over 55 Billion Tokens Worth $4.7 Billion USD

The Stellar Development Foundation has announced that it burned over 55 billion tokens and is focusing on other development goals for the currency. The Stellar Development Foundation (SDF) announced a new mandate today for its network’s development, stating that it has burned over 55 billion Stellar Lumens (XLM) tokens.  According to a Medium post on…
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