Can blockchain-based Aragon Court deliver legally-binding rulings? Imagine a future where conflicts and legal disputes are no longer settled between the four walls of a courtroom but by anonymous jurors of a blockchain network. The concept seems far-fetched, but it is already a reality as a result of some forward-thinking projects that are using the…
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Decentralized apps saw greater transaction volumes in 2019 but low user retention, and difficult to use apps still stall mainstream adoption push. Decentralized apps (DApp) continue to be a major focus point for developers in the crypto space. However, 2019 ended with DApps still far off from reaching their much-touted potential of being the “future…
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Venezuelan project Locha Mesh is developing devices to ensure crisis-struck regions are able to use crypto amid internet and electricity shortages. A Venezuelan team is developing Locha, a decentralized mesh network that doesn’t rely on the internet to transact with Bitcoin (BTC). The system, based on radio waves, was born in response to frequent electricity…
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The traditional financial system has been reshaping from its very core — the concept of trust — through blockchain, decentralized in nature. In an industry built on an ethos of decentralization and the empowerment of individuals, where the key idea is that each and every person should have control of their own wealth and begin…
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Cointelegraph interviewed Bancor’s Eyal Hertzog and Nate Hindman to learn more about the planned BNT airdrop, DAO transition and the future of crypto. Decentralized exchange project Bancor (BNT) is currently in the midst of launching a massive airdrop to all its token holders. Cointelegraph took the occasion to interview Co-founder and Product Architect Eyal Hertzog,…
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New York lawmakers proposed a bill on a P2P savings and payment platform called the “New York Inclusive Value Ledger.” New York lawmakers proposed a bill on a peer-to-peer (P2P) savings and payment platform called the “New York Inclusive Value Ledger.” Introduced by New York State Assembly legislator Ron Kim and Senator Julia Salazar, the…
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DappReview published its 2019 report, highlighting DeFi growth on Ethereum and EOS’ congestion struggles. DappReview published its 2019 insights on the decentralized app (DApp) space in a Jan. 8 report. Just three blockchains accounted for 98.65 percent of total transaction volume, though EOS began to struggle in Q4 2019. Decentralized app aggregator DappReview summarized the…
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China’s central bank reports that it is “progressing smoothly” with its development of a government-backed digital currency. China’s central bank, the People’s Bank of China (PBoC), reports that it is “progressing smoothly” with its development of a government-backed digital currency. The bank issued its statement during a working conference held in Beijing from Jan. 2–3,…
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In a new public notice, Telegram stresses that Gram tokens are not investment products, which would mean that they are not under the SEC’s sway. Telegram’s Gram, the native cryptocurrency for the Telegram Open Network (TON), is not an investment product, the firm stressed in a fresh public statement. In a Jan. 6 blog post,…
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ESRI researchers propose that using a blockchain-based “forward trading system” can provide a more effective incentive for the smart management of energy consumption. Researchers at Ireland’s Economic and Social Research Institute (ESRI) have proposed that using a blockchain-based “forward trading system” can provide a more effective incentive for the smart management of renewable energy consumption.…
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