Search Results for: LG

Exclusive: Blockchain Trilemma Solved? Secrets Revealed by Turing Award Winner's Algorand

Blockchain trilemma was initially expressed by Vitalik Buterin, founder of Ethereum, which is claimed to be unfeasible in achieving scalability, decentralization, and security simultaneously in a blockchain. There are numerous blockchain project teams attempting to address the blockchain trilemma, and the Turing Award-winning team Algorand is one promising candidate. We have the pleasure to speak … Continue reading Exclusive: Blockchain Trilemma Solved? Secrets Revealed by Turing Award Winner's Algorand

Algorand Blockchain Network Now Certified for Sharia Compliant Financing

The Algorand Foundation announced that its blockchain network has now been certified as Sharia-compliant for the inclusion of Islamic financial markets.In a press release on Oct. 21, it was revealed that Algorand has achieved the certification under the supervision of the Shariya Review Bureau (SRB) who ensured the compliance with Sharia-critical aspects required of Islamic … Continue reading Algorand Blockchain Network Now Certified for Sharia Compliant Financing

Visa Launches a Blockchain System that Algorithmically Ensures Fairness

Visa, a prominent card payment solution provider, has developed a blockchain-driven system dubbed LucidiTEE that seeks to enable multiple parties to compute large-scale private data jointly. This is touted to happen in such a way that policy compliance is guaranteed even if the input providers are offline.  Through a whitepaper, Visa’s Research & Development department … Continue reading Visa Launches a Blockchain System that Algorithmically Ensures Fairness

Germany’s Federal Financial Regulator Warns Investors Over Bulgarian Crypto Broker

Bulgarian crypto broker, 5 Capital, has been offeringfinancial services to investors without being approved by the Germany financial watchdog, the Federal Financial Supervisory Authority (BaFin). This is against the regulations that guide crypto firms in Germany, as every crypto firm is expected to apply from and obtain an authorized license from BaFin before entering into … Continue reading Germany’s Federal Financial Regulator Warns Investors Over Bulgarian Crypto Broker

LG's Affiliate and Kakao’s Subsidiary Agree to a Strategic Partnership to Foster Blockchain Technology

The need to increase and expand the use cases of blockchain technology and ensure its applicability in different sectors is the impetus behind the recent collaboration of LG’s IT solutions affiliate, LG CNS, and Kakao’s blockchain subsidiary, Ground X. A press release published on Nov. 21, maintained that agreeing to this strategic partnership will enable the … Continue reading LG's Affiliate and Kakao’s Subsidiary Agree to a Strategic Partnership to Foster Blockchain Technology

Belgian Blockchain-Platform-as-a-Service Company Sets Foot in the Indian Market

The Indian blockchain sector is ripe for investment based on the rapid growth witnessed to the tune of at least $20 billion as this technology is being deployed in different industries.  As a result, SettleMint, a Belgian blockchain-platform-as-a-service company, has revealed its penetration into the Indian market.  The primary objective of this firm is to … Continue reading Belgian Blockchain-Platform-as-a-Service Company Sets Foot in the Indian Market

Algorand Partners with Italian Economic Ministry to Advance Blockchain Initiatives

The Algorand Foundation of Singapore has signed a collaboration agreement with Fondazione Ugo Bordoni (FUB) aimed at testing and advancing the groundbreaking open-source technology developed by its founder Silvio Micali.According to a blog post by Algorand Foundation on Dec. 16, the partnership agreement was signed between the Fondazione Ugo Bordoni, an in-house entity of the … Continue reading Algorand Partners with Italian Economic Ministry to Advance Blockchain Initiatives

Fintech Startup Monerium Seeks to Issue E-Money on Algorand Blockchain

Licensed e-money issuer Monerium has partnered with Algorand, a permissionless, open-source, proof of stake blockchain protocol. Both firms have entered into a non-exclusive agreement. Based on the terms of the agreement, Monerium will issue its programmable and regulated electronic money on the Algorand blockchain platform to support fiat-currency transactions on the protocol. The CEO and Co-founder … Continue reading Fintech Startup Monerium Seeks to Issue E-Money on Algorand Blockchain

Tether becomes First Stablecoin to be Integrated into Algorand 2.0 Blockchain

Tether has integrated its US dollar-backed stablecoin USDT into Algorand’s blockchain ecosystem. Tether is the first stablecoin to be launched on Algorand 2.0, and it facilitates automated wallet support, micropayments, and instant confirmation. USDT hosted by different platforms Tether has emerged as a behemoth in the stablecoin arena as it is the most utilized by … Continue reading Tether becomes First Stablecoin to be Integrated into Algorand 2.0 Blockchain

Belgium’s FSMA Blacklists More Crypto Investment Businesses Following Customer Complaints

Belgium’s Financial Services and Markets Authority (FSMA), a body mandated with the oversight and regulation of the nation’s financial services sector, has opted to add more crypto investment businesses to its blacklist for fraudulent activities. According to an official announcement, this decision was sparked by new cries aired by customers about cryptocurrency investment offers meant … Continue reading Belgium’s FSMA Blacklists More Crypto Investment Businesses Following Customer Complaints

Exit mobile version