The founder and CEO of Twitter, Jack Dorsey has said that he has not considered creating a native coin for his own social media platforms like the Libra which Facebook had expressed intentions of unveiling as a “new global currency” in June targeting a launch in Q1 of the year 2020. However, he expressed his … Continue reading Twitter CEO: Bitcoin is a Prime “Currency of the Internet” Candidate
Chinese internet giant Tencent, also the operator of messaging app WeChat has been reported that the company is looking to create a digital currency research group. Tencent released a statement to its employees, stating that the company is currently hiring a new head of the research group. iFeng reported that the digital currency research group would … Continue reading Chinese Internet Giant Tencent on the Lookout for New Head of Digital Currency Group
The China Internet Network Information Centre (CINIC) recently published “The 45th China Statistical Report on Internet Development”. Compared to the previous issue, it is worth noting that the CINIC covered blockchain development as a dedicated section in the latest report. The report highlighted the rapid blockchain development of China in three aspects: regulation, technical development, and … Continue reading From Zero Mentions to a Dedicated Section in CINIC Report: How Fast is Blockchain Growing in the Chinese Internet Industry
Bitcoin (BTC) and decentralized finance (DeFi) tokens have been all the rage lately, with crypto investors anticipating BTC’s next bull run and the DeFi industry exponentially booming in growth. Bitcoin and tech stocks have fallen back At the time of writing, Bitcoin seems to be consolidating at the $10,000 level. Lately, BTC has fallen back, … Continue reading Twitter CEO Jack Dorsey Explains Why Bitcoin is "The Best Internet Currency"
With its second token sale completed in July 2020, Polkadot (DOT) has become one of the most popular altcoins in the crypto industry as its market capitalization grew massively in the past few weeks. Polkadot became the tenth-largest cryptocurrency by market capitalization in late August and has even recently became the fifth-largest cryptocurrency, flippening Bitcoin … Continue reading Polkadot’s Treasury Built as a Significant Step Towards the Vision of a Decentralized Internet
The World Economic Forum (WEF) views blockchain technology as a turning point in addressing illicit internet content of abusive imagery associated with social ills like sexual exploitation and violence. Blockchain technology to the rescue Victims of abusive imagery are often at the receiving end because they are often blackmailed by their perpetrators to silence them. … Continue reading World Economic Forum Wants to Eradicate Abusive Sexually Violent Internet Content with Blockchain
Political tensions between the United States and China have been rising with a huge focus on technology, particularly in terms of data governance standards—in fact, some experts believe the divide between the two nations is growing so large, it could split the internet into the ‘splinternet’. The splinternet is not a new concept—the idea that … Continue reading US-China Tech War and Data Concerns Could Create the Splinternet
The Internet of Things and Blockchain are two disruptive technologies that we have leveraged for numerous technological innovations across multiple industries and niches. But have you ever thought about the impact that one of these technologies might pose over others? Well, that’s an intriguing question to find an answer to, right! With this blog, I … Continue reading Can Blockchain Strengthen the Internet of Things (IoT)?
After undergoing an incredible surge, with the market capitalization of the crypto market crossing the $1 trillion mark, many cryptocurrencies have considerably dropped in value. This has served to flush out more than $200 billion in market value as Bitcoin (BTC), the largest cryptocurrency by market cap, dropped. It is now trading at around $35,819.00 … Continue reading Is the Crypto Market about to Burst? Mark Cuban Compares Crypto Downtrend to Internet Stock Bubble
Cross-chain assets and transactions sound complex, but are actually an easy way to better understand how blockchain networks communicate with each other. In the early days of blockchain development, many assumed the technology would serve as a ‘one-size fits all’ solution where any transaction could be completed in a single chain. Cross-Chain Infrastructure Looks To … Continue reading Understanding Cross-Chain Infrastructure And Its Importance In Fostering ‘Internet 3.0’