Tag: Transparency

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Siemens-backed blockchain energy platform showcases in Germany

The German state-funded energy project uses DLT to enable transparent market transactions. A blockchain-based energy trading platform backed by German tech giant Siemens is being publicly demonstrated in a Bavarian municipality today. The so-called “Pebbles” project — short for “peer-to-peer energy trading based on blockchains” — is holding a virtual demo of its blockchain-based marketplace…
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Algorand Founder’s Chess Match Against A Grandmaster Recorded on Blockchain

A chess game between grandmaster Sergey Karjakin and Algorand founder Silivio Micali was recorded on the blockchain. Algorand founder Silvio Micali played a Blockchain-recorded chess game against grandmaster Sergey Karjakin. This marked a historic moment for the fifteen hundred year old game. Gentlemen are cheating too The match, which was the inaugural game for FIDE…
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$125 B Corporate Giant Will Use Blockchain Tech to Combat Global Warming

$125-billion corporation will use blockchain to achieve deforestation free supply chain by 2023. June 15, Unilever unveiled a $1 billion initiative aimed at fighting climate change in which blockchain technology will play an integral role. Traceability & transparency Unilever is establishing a €1 billion ($1.13 billion) fund that over the next ten years will be…
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Blockchain Voting Will Determine Vladimir Putin’s Presidential Fate

Moscow citizens will be able to vote on Vladimir Putin’s Constitutional amendments via a blockchain-powered system. Russia’s upcoming e-voting on the Constitutional amendments will be implemented using blockchain technology. Moscow citizens will be able to cast their votes on Vladimir Putin’s Constitutional amendments online via blockchain-powered e-voting. As announced on the Moscow government’s official website,…
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Data Transparency and Fake Trading Volumes — Institutionalizing Crypto

Data companies are bringing transparency and accountability to the crypto market, making way for institutional investments. On Feb. 26, the Securities and Exchange Commission announced the rejection of yet another ETF submission from Wilshire Phoenix, a New York-based investment firm, citing a lack of resistance to market manipulation and fraudulent activity. The filing stated that…
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Does Blockstack Really Have 1 Million Verified Users?

Blockstack’s claim of having one million verified users has been questioned extensively, which prompted Cointelegraph to investigate its blockchain data. Blockstack PBC announced on Jan. 29 the completion of its “Milestone II” that unlocked $6.8 million from its 2017 initial coin offering. The project claims to have on-boarded one million verified users, an achievement that…
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‘Full Transparency Not Ideal for Cryptocurrency’ Says Chainalysis Exec

Chainalysis, a provider of crypto transaction data for IRS and FBI, does not think that privacy coins are bad despite not being able to fully track them. A major global company that helps fight illicit cryptocurrency-related activity does not think that privacy in crypto markets is necessarily bad. Despite representing one of the primary sources…
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MetaMask Contributor Says Project Lacks Support From ConsenSys

The MetaMask team is allegedly not getting the support it needs from its parent company ConsenSys, a Redditor claims. A contributor of major Ethereum browser extension Metamask has reported that the MetaMask team is “totally overwhelmed” and not being prioritized by its parent company ConsenSys. In a Dec. 25 Reddit post, Reddit user lazaridiscom3 alleges…
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UPS and Agritech Firm Use Blockchain to Verify Beef Shipment From US to Japan

American logistics giant UPS partnered with agritech firm HerdX to trace the journey of beef from the U.S. to Japan. American logistics giant UPS has successfully delivered a blockchain-verified beef shipment from the United States to Japan. The company partnered with agritech firm HerdX to incorporate its packaging technology into a blockchain network to trace…
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Tracking Bitcoin Transactions, Explained

Keeping track of your crypto transactions can be crucial for some much-needed peace of mind. How can I be informed of what’s happening with my crypto transactions? Some crypto exchanges are aiming to deliver full transparency to their users. This attitude toward openness can be especially beneficial for users who are using Bitcoin and other…
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