The Trump Administration stated that “distributed ledger technologies” (DLT), one of the technologies behind cryptocurrency and blockchain, leads the way in its strategy for withholding dominance against China and Russia technologically. DLT is one of twenty areas on the National Security Council’s (NSC) “critical and emerging technologies” shortlist.” The NSC’s strategy calls for investing in,… Read More
Tag: Blockchain adoption
Coinbase – Bitcoin Could be More Attractive than Gold
In a recent blog post from the company, major crypto exchange Coinbase argued that Gold and Bitcoin have things in common that could drive their prices higher. Aspects like scarcity and being a globally accessible store of value make gold and Bitcoin attractive assets. However, after the COVID-19 pandemic spread worldwide, it is simple to… Read More
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More Details Emerge: New Trading Platform from Ripple?
Ripple is one plucky company. Despite facing new lawsuits over its plan to sell $1.1 billion USD worth of XRP, the company released new information about the next-generation cryptocurrency trading platform it may have in the works. Specifically, new information about Ripple’s potential next-generation cryptocurrency trading platform continues to be leaked via company’s job postings…. Read More
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Guardian Circle See Surge of Downloads With Coronavirus Pandemic
Guardian Circle, which is a crypto-based emergency app, has recently witnessed a considerable number of monthly downloads presumably due to the COVID-19 crisis. So what is Guardian Circle? Guardian Circle is the first blockchain-based crypto emergency response app that provides crowdsourced safety. It enables app users to provide access to a decentralized pool of pre-selected… Read More
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Reddit may use Ethereum for Token-Based Points System
A Reddit spokesperson confirmed in a post on the social media platform that the firm is experimenting with Community Points, which is a new system for subreddits or communities to deliver extra benefits to users. MagoCrypto, a Reddit user, said on the video that the site will publish a list of users and their karma,… Read More
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General Motors Announces Blockchain-Based Autonomous Vehicle Nav Map
General Motors, a major car manufacturer, has announced a new patent which uses blockchain technology to make autonomous vehicles work. The system integrates vehicle sensors to build a much-improved navigation map for autonomous vehicles. Although the patent was filed on October 1, 2018, it was recently published on the official site of the US Patent… Read More
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Blockchain Makes Sense for Data Security
Blockchain Makes Sense for Data Security In 2019, there were almost 8 billion records affected by data breaches. Third-party control over personal data is costing people control over their sensitive information, and there needs to be better options for data security. Blockchain may be able to help in the data security sector. The technology has… Read More
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KLM Applies R3’s Corda Blockchain to Internal Accounting System
KLM, the national airline of the Netherlands, has announced a blockchain project that adds to blockchain’s traction in the airline sector. The global airline KLM Royal Dutch Airlines is using blockchain technology in intercompany settlements process with its subsidiaries. KLM, which is one of the world’s biggest airlines, has decided to collaborate with Dutch software startup… Read More
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