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Bitcoin Transaction Fees Experience Significant Drop Following Record High

Transaction costs for Bitcoin, the most popular cryptocurrency in the world, dropped significantly after reaching a record high. This decline, which followed the Bitcoin halving, has drawn interest from the cryptocurrency community. Let’s examine this development’s specifics. Bitcoin Transaction Fees Plunge: The average charge for Bitcoin transactions has dropped significantly, only one day after hitting … Continue reading Bitcoin Transaction Fees Experience Significant Drop Following Record High

Brazil Records the First Blockchain-Based Birth Certificate

The first birth certificate recorded on the blockchain was issued in Brazil to Álvaro de MedeirosMendonça.      As reported by Cointelegraph Brazil, Álvaro was one of the first children to have their birth certificate recorded with blockchain technology without the need for a centralized registry office.      Growth Tech, a tech company, in partnership with IBM, invited Álvaro’s parents … Continue reading Brazil Records the First Blockchain-Based Birth Certificate

Bank of America Joins Marco Polo Blockchain Network Powered by R3 Corda

Bank of America has joined the Marco Polo Network, powered by R3 Corda’s distributed ledger technology to solve the challenges of the global trade participants.    The Marco Polo Network made the announcement on Sept. 19, stating that the multinational investment bank and financial services company is looking to provide transformative solutions for their global customers.   Launched … Continue reading Bank of America Joins Marco Polo Blockchain Network Powered by R3 Corda

Abu Dhabi to Integrate Land Records on the Blockchain Platform

The capital of the United Arab Emirates (UAE), Abu Dhabi has revealed its intentions of putting its land registry system on the blockchain. In a bid to achieve this objective effortlessly, the department of Urban planning and municipalities had gone into partnership with the Indian IT firm Tech Mahindra. According to a press release that … Continue reading Abu Dhabi to Integrate Land Records on the Blockchain Platform

Bitwala Incorporates CryptoTax for Better Tax Reporting

On Oct. 22, Bitwala, a German Licensed Bitcoin Banking Service App, announced its new integration with CryptoTax, an entity that assists crypto users to adhere to yearly tax declaration deadlines.  Bitwala asserted that crypto tax headaches would become a thing of the past based on the introduction of CryptoTax that is deemed the brand new … Continue reading Bitwala Incorporates CryptoTax for Better Tax Reporting

Genesis Capital Breaks Previous Quarter Record With 870M in New Loan Originations in Q3

Digital asset lending firm, Genesis Capital has reported significant and sustained growth in its Q3 report which highlights a growing demand for cash and an stablecoin lending. Genesis Capital released its quarterly report on Oct.30, reporting that the institution had added $870 million in new loan originations which marks a sixth consecutive quarter of sustained … Continue reading Genesis Capital Breaks Previous Quarter Record With 870M in New Loan Originations in Q3

PWC Singapore's Venture Hub: A Breeding Ground for Singaporean Unicorns

Following Part 1 of the interview, Lim Shu Ning, Director in PwC Singapore’s Venture Hub specializing in Blockchain analyzed the key challenges for startups to become a “Unicorn” in Singapore and shared with us how PwC Singapore’s Venture Hub partners with local regulators and accelerators to foster FinTech innovation in Singapore. The World of Unicorns  … Continue reading PWC Singapore's Venture Hub: A Breeding Ground for Singaporean Unicorns

Japanese University Integrates Blockchain for Tamper-Proof Academic Records

The Muroran Institute of Technology, located in Hokkaido, Japan, is piloting a blockchain initiative to authenticate its students’ academic records.  As reported by the Nikkei Asian Review on Dec 3, the Japanese university has collaborated with Nippon Telegraph and Telephone West Corporation for the blockchain program expected to begin by March 2020.  BarnardSoft Co. Ltd is … Continue reading Japanese University Integrates Blockchain for Tamper-Proof Academic Records

American Health Firm Enhances Medical Record Transparency with Blockchain

For the next 3 years, American Health Insurance Company Anthem is reported to be adding blockchain technology to store and share medical history for its 40 million-plus consumer base.  Currently, in the initial stages of testing, Anthem is aiming to offer new features to a select few members to begin the 3-year roll-out plan. Digital … Continue reading American Health Firm Enhances Medical Record Transparency with Blockchain

Tik Tok Pushes Harder for Blockchain Despite Vulnerabilities in Core System

Hundreds of millions of users are using Tik Tok, meaning that any breach of data could lead to severe vulnerabilities for users and the company. Check Point, a cyber research company reviewed Tik Yoks app, and stated, “The vulnerabilities we found were all core to TikTok’s systems,” said Oded Vanunu, Check Point’s head of product vulnerability … Continue reading Tik Tok Pushes Harder for Blockchain Despite Vulnerabilities in Core System

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