Commerzbank, Germany’s second-largest bank has developed a blockchain-based machine-to-machine payment solution. As a result of digitalization with DLT, machines are interconnected with each other to operate with a high degree of autonomy enabling automatic settlement of mutual payments. To test this fully automated payment process, a transaction was placed between...
The Information and data privacy authorities from Australia, UK, Canada, U.S., and the European Union have issued a joint statement expressing concerns about the privacy risks posed by the Facebook blockchain project – Libra digital currency and infrastructure. Source: OAIC media release statement Given Facebook Inc involvement in the past...
Retail giant Walmart is planning to develop their own blockchain-protected digital currency named ‘WMT’, a USD pegged stable coin. According to the patent filed on 2nd Aug 2019, the users of digital currency can buy goods/services at selected retailers/partners. Source: U.S. patent and trademark application database ID # US020190236564A1. The...
The United States Securities and Exchanges Commission (SEC) plans to gather financial data (transaction records) from Bitcoin and Ethereum ledger through contractors, in addition to as many as possible of the following blockchains: Bitcoin Cash, Stellar, Zcash, EOS, NEO, and XRP Ledger and plans to add more blockchain entrants as...
Browser ‘Brave’ which integrates a cryptocurrency ‘Basic Attention Token (BAT)’ hits a significant milestone, marking 20 million downloads on Android. Active since 2014 and one of the most popular apps (Top 1%) in Google Play. The Brave browser has a significant number of benefits over other browsers like Google Chrome...
Enjin has partnered with Unity Technologies to launch a test net version of its blockchain development kit. Enjin will demonstrate the test net version of the platform at the world’s largest gaming industry event ‘Game Developers Conference’ on March 18th. Unity is the world’s most popular game development engine. Used...
The new app Tippin, an extension on Google Chrome and Firefox browsers integrates Bitcoin tipping on Twitter. Once set-up, it adds a tip button in the shape of a lightning bolt on every single Tweet allowing users to send tips using Bitcoin. Currently, Bitcoin’s on chain transactions are far too...
Samsung upcoming flagship smartphone Galaxy S10 will have an in-built cryptocurrency wallet. The user of Galaxy S10 can store BTC, ETH and send funds through Samsung wallet app ‘Blockchain Keystore’. For easy use, the Blockchain Keystore app will store private keys in Samsung hard drive and can be later easily...
VanEck/Solidx now joins the race with Bitwise: The VanEck/SolidX proposed Bitcoin ETF has now officially entered the SEC register. VanEck/Solidx now joins the race with Bitwise who got registered a week earlier to launch first bitcoin ETF of U.S. The VanEck/SolidX proposal was initially filed last year but was withdrawn...
[inlinetweet]After Venezuela’s own national currency and JP Morgan Coin, now, South Korean city of Gimpo plans to launch their own civic currency or cryptocurrency.[/inlinetweet] The digital currency will be developed by KT Corporation, a leading telecom firm in South Korea. KT Corporation was selected as a preferred bidder who proposed...
