Australian Blockchain Startup Power Ledger Deploys Blockchain Grid to Audit Renewable Energy

Power Ledger, an Australian peer-to-peer energy trading pioneer, has announced to have bought a 250 kilowatt (kW) photovoltaic system, which will use blockchain-based data management and settlement system. Power Ledger bought the system from Perdaman Advanced energy – an Australian firm – that offers clean energy consulting and project development.    New Approach for Maximizing Energy Generation and Optimal Use  After the … Continue reading Australian Blockchain Startup Power Ledger Deploys Blockchain Grid to Audit Renewable Energy

Will Distributed Ledger Technology and Cryptocurrencies Ever Lead to the Extinction of Banks?

Before banks ever came into existence, humans have always looked for ways to carry out transactions amongst themselves, the infamous barter system as we all know it happened to be the first approach to man’s discovery into the world of transactions. As time went on, we began to evolve by inventing a means of exchange and store … Continue reading Will Distributed Ledger Technology and Cryptocurrencies Ever Lead to the Extinction of Banks?

Hedera Hashgraph’s Launches New Consensus Service Which Could Be Leveraged by IBM’s Hyperledger Fabric

Hedera Hashgraph released its Hedera consensus service (HCS), which can be used by external centralized applications, including IBM’s Hyperledger Fabric. Hedera Hashgraph’s governance board includes Boeing, Deutsche Telekom, IBM, Nomura, and recently, Google. Hedera aims to have 39 governing council members and to be permissionless in the future. Currently, only 11 council members operate nodes … Continue reading Hedera Hashgraph’s Launches New Consensus Service Which Could Be Leveraged by IBM’s Hyperledger Fabric

CEX.IO Founder: US and UK Investors Expect Bitcoin to Serve as Hedge Against Currency Depreciation

Exclusive Interview with Oleksandr Lutskevych, CEO & Founder, CEX.IO Oleksandr Lutskevych is the founder and CEO at CEX.IO LTD, a successful London-based group of companies, including CEX.IO Bitcoin Exchange. Established in 2013, CEX.IO is a multi-functional regulated cryptocurrency exchange registered as a Money Business Service (MSB) by the US regulator FinCEN. CEX.IO is trusted by … Continue reading CEX.IO Founder: US and UK Investors Expect Bitcoin to Serve as Hedge Against Currency Depreciation

BIS Newest Quarterly Report: What Potentials Do CBDCs and Distributed Ledger Technology Hold?

The Bank for International Settlements (BIS) has released its newest quarterly report on the changes in the payment industry, including the market impact of the recent coronavirus outbreak. Some of the trends mentioned in the report include stablecoins, tokenized securities, central bank digital currencies (CBDCs), cross-border payments, and peer-to-peer payments. The pace of change and … Continue reading BIS Newest Quarterly Report: What Potentials Do CBDCs and Distributed Ledger Technology Hold?

Blockchain Startup Agriledger Launches Ecosystem of Transparency and Opportunity For Haitian Farmers

UK Tech Startup, Agriledger has launched a blockchain ecosystem for Haitian farmers to add transparency to the supply chain and create fairer product pricing for suppliers and retailers. As reported by Spring Wise on Feb. 28, Agriledger’s system offers farmers in Haiti access to global markets and banks. The system fosters trust on both sides of the … Continue reading Blockchain Startup Agriledger Launches Ecosystem of Transparency and Opportunity For Haitian Farmers

Microsoft Patents Cutting Edge Human-Powered Crypto Mining System

Microsoft has filed for a patent for a new cryptocurrency mining system that will purportedly leverage the data collected from people via sensors, as they interact with advertising or exercise, instead of using equipment that requires massive amounts of power. The technology giant filed the patent with the World Intellectual Property Organization (WIPO) on March 26. The … Continue reading Microsoft Patents Cutting Edge Human-Powered Crypto Mining System

The Networked Ledger—The Evolution of Blockchain Software from Bitcoin to Ethereum

On October 31st, 2008, a person, or group of people depending on who you ask, named Satoshi Nakamoto released the email titled, “Bitcoin P2P e-cash paper.” I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party. — Satoshi Nakamoto Here, Nakamoto details why autonomous digital currencies haven’t emerged in an … Continue reading The Networked Ledger—The Evolution of Blockchain Software from Bitcoin to Ethereum

China Unveils Blockchain Services Network Aimed to Build Ecosystem Along with Hyperledger, Ethereum and EOS

China’s Blockchain Services Network (BSN), ChinaChain has been opened for commercial use after six months of internal testing. As large gatherings are banned during the coronavirus pandemic, a virtual press conference was held on Saturday in Beijing for the unveiling of the BSN project.  Blockchain.News previously reported that the Chinese government’s State Information Center revealed … Continue reading China Unveils Blockchain Services Network Aimed to Build Ecosystem Along with Hyperledger, Ethereum and EOS

Billionaire Paul Tudor Jones Looks to Buy Bitcoin as A Portfolio Hedge Against Inflation – Here's Why

According to a Bloomberg report, billionaire hedge fund manager Paul Tudor Jones is buying Bitcoin to hedge against inflation as central banks across the world print money to relieve economies affected by coronavirus pandemic. Jones is one of Wall Street’s most seasoned and successful hedge fund managers. He is the CEO and founder of Tudor Investment … Continue reading Billionaire Paul Tudor Jones Looks to Buy Bitcoin as A Portfolio Hedge Against Inflation – Here's Why

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