BLOCKCHAIN

Chinese Shipping Giant to Explore Blockchain for Upstream Supply Chain Financing

[ad_1] China Shipbuilding Industry Company Limited (CSICL) is going to explore how it can apply blockchain to financing its upstream suppliers, reports official Chinese newspaper People’s Daily on March 27. CSICL is a subsidiary of one of the two largest Chinese shipping conglomerates, China Shipbuilding Industry Corporation (CSIC).CSICL signed a strategic cooperation agreement on supply chain services with Shanghai Bank. Per the terms of the agreement, CSICL and Shanghai Bank
Business

Experts: Ethereum Losing Ground to New Networks

[ad_1] The Ethereum network is  losing ground as developers switch to other projects, various experts told Bloomberg on March 28.Ethereum, which debuted in 2015, initially provided a platform on which developers could build decentralized apps (DApps), conduct initial coin offerings (ICOs) and write smart contracts. Many saw it as being the successor to Bitcoin (BTC).According to Bloomberg, developers are now opting for other platforms like EOS and Stellar. In January,
EXCHANGES

Analysis Shows Lightning Network Suffers From Trust Issues Exacerbated by Rising Fees

[ad_1] Over the last two years, the Lightning Network has been touted as the scaling solution for the Bitcoin Core (BTC) network. However, the solution has been heavily criticized for its lack of security, and on March 28, Bitcoin Unlimited’s chief scientist Peter Rizun wrote an interesting evaluation of the Lightning Network’s “dirty little secret.” Also read: Mempool ‘Spam’ and Rising Fees: The Consequences of Veriblock’s Mainnet Launch Visualizing the
Business

Sharp Bitcoin Rally in 2019 Unlikely: Analyst

[ad_1] The chance of Bitcoin (BTC) recovering to its former five-digit highs this year is unlikely, a trading expert told MarketWatch on March 29.While 2018 was a bear year throughout, in November a massive sell-off saw the valuation of major coins crash by double-digit percentages, with Bitcoin dropping below $5,600 for the first time that year.Options trading — which allows traders to bet on whether the price of an asset
BLOCKCHAIN

Major Private Indian Bank Partners With Ripple for Cross-Border Remittances

[ad_1] India’s Federal Bank, a commercial private bank, has partnered with Ripple to use its network for cross-border remittances. The bank announced the development in a letter on March 28.The partnership with Ripple comes as part of a wider initiative to apply new technologies to the bank’s remittances network. Also on March 28, Federal Bank launched two remittance platforms in the United Arab Emirates (UAE) for making payments to India.One
EXCHANGES

What Article 13 Means for the Cryptocurrency Industry

[ad_1] First they came for our privacy. Then our data. Finally they took our memes. If the more hyperbolic headlines are to be believed, the EU’s ratification of the controversial Article 13 copyright law will have repercussions for purveyors of highly shareable online content. The reality is less draconian. Nevertheless, Article 13, coupled with last year’s GDPR laws, has ramifications for all tech companies, blockchain projects included. Also read: Mempool
BLOCKCHAIN

Largest Austrian Energy Provider Debuts DLT-Based E-Car Charger

[ad_1] Wien Energie, the largest energy provider in Austria, has announced a charger for electric cars based on distributed ledger technology (DLT) in a press release on March 28.Per the release, Wien Energie in partnership with blockchain tech firm Riddle & Code are testing an electric vehicle charging station with “integrated secure machine identity” in Vienna. The new machines purportedly aim to provide immutable data interfaces that connect various aspects
Business

US SEC Delays Decision on Bitcoin ETF Applications From VanEck and Bitwise

[ad_1] The United States Securities and Exchange Commission (SEC) has delayed its decision on a rule change to the Securities Act that would allow the listing of Bitcoin (BTC) exchange-traded funds (ETF). The SEC published its decision in a public notice on March 29.Bitwise filed its application with NYSE Arca on Feb. 15 under the condition that it would reach a decision in 45 days. Should the commission feel the
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Bitmain Announces Antminer s17 Date: Can It Turn the Company’s Fortunes Around?

[ad_1] Cryptomining manufacturer Bitmain has revealed the release date for its next-generation Antminer S17 series. The S17 set of miners includes the Antminer S17 Pro, Antminer S17 and the Antminer T17. The Antminer S17 is the latest in the company’s line of fabless mining chips. According to the post, the chips, which are expected to go on sale from April 9, 2019, will provide an energy-efficient means of mining popular
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IOTA Foundation supports LEDGER venture builders to foster human centric DLT solutions.

[ad_1] IOTA Foundation supports LEDGER venture builders to foster human centric DLT solutions €200,000 equity-free funding and 12-month programme available to IOTA and DLT development ecosystem The IOTA Foundation is proud to support LEDGER, an European Commission funded project, which is looking for people working on decentralized technologies. Selected teams will access their 12-month programme and gain up to €200k equity-free. LEDGER is looking for enterprise ideas that respect data