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Month: September 2017

Australia to Launch “Digital Economy Strategy”

Australia to Launch “Digital Economy Strategy”

The government of Australia is plotting an ambitious new Digital Economy Strategy early next year, citing the country’s past work with blockchain as well as its potential in a new public consultation call “to seize the advantages of digital transformation and secure Australian jobs into the future”. The project will cover digital infrastructure, digital business capability, as well as developing digital skills and inclusion, as outlined in a new paper released recently by the The Department of Industry, Innovation and…

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A Giant Swiss Telecom Launches New Blockchain Company

A Giant Swiss Telecom Launches New Blockchain Company

A major telecommunications provider in Switzerland has established a new business entity focused on the blockchain. It employed a cryptocurrency expert coming from EY in order to handle the new firm. Based on new reports, Swisscom which is based in Zurich has started “Swisscom Blockchain AG” in order to concentrate on a variety of services involving the technology. Included in this are enterprise-facing solutions and also assistance for firms planning to launch initial coin offerings (ICOs), in which the firm…

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Ethereum’s Byzantium Testnet Simply Validated A Private Transaction

Ethereum’s Byzantium Testnet Simply Validated A Private Transaction

The hard work in order to bring the privacy functions of zcash to ethereum had taken one step ahead today during the testing for the forthcoming Byzantium upgrade. A zk-SNARK, which stands for zero-knowledge Succinct Non-Interactive ARgument of Knowledge, is utilized in order to prove that information is valid without the need of revealing what that particular information is. The technology is found in the center of the zcash network, and in the last few months, the developers have started…

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Younger Americans More Likely to Consider Bitcoin As Investment Opportunity

Younger Americans More Likely to Consider Bitcoin As Investment Opportunity

A new survey recently conducted by online student loan marketplace LendEDU shows that younger Americans are more interested in bitcoin as an investment opportunity. The survey suggested bitcoin’s interest is expanding particularly with millennials. The startup released the results of the survey just today, that was conducted using the web last August and attracted 1,000 participants coming from across the US. The survey focused on a number of areas, including simple questions regarding whether they have heard about bitcoin, whether…

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Bitcoin Fund Manager Has Won The Approval From Canadian Regulators

Bitcoin Fund Manager Has Won The Approval From Canadian Regulators

The Canadian securities regulators have granted an official registration to an investment company which intends to launch a bitcoin-tied fund. The British Columbia Securities Commission (BCSC) granted the First Block Capital Inc. registration as an investment fund manager and an exempt market dealer to operate a bitcoin investment fund around Ontario and British Columbia. Headquartered in Vancouver, First Block Capital provides investment services focused at the rising digital asset class. The BCSC explained that, by registering the company, industry overseers…

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Cambridge Blockchain Joins Infrachain Initiative in Luxembourg

Cambridge Blockchain Joins Infrachain Initiative in Luxembourg

The digital identity startup Cambridge Blockchain expands its new office in Paris. Announced September 7, 2017, the Massachusetts-based company is setting up new shop in a startup campus founded by Partech Ventures, which invested in Cambridge Blockchain’s $2 million funding a few months ago. For the startup to establish a more strong presence around Europe is not surprising at all. Cambridge Blockchain has viewed to the financial industry as being the major market for its digital identity solutions, having a…

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Shipping Company Maersk to Use Blockchain Maritime Insurance Solution

Shipping Company Maersk to Use Blockchain Maritime Insurance Solution

A joint project in between the world’s biggest container shipping company Maersk, Microsof company, accounting company EY as well as blockchain company Guardtime strives to use distributed ledger technology in the area of marine insurance. This platform is built on Microsoft’s Azure cloud-based technology. The new project will analyze the development of a shared database which logs details about shipments, and also possible risks, so as to assist ships adhere to insurance regulations. The particular database would likewise make certain…

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Proof of Xerox? Copier Giant Applies for Blockchain Timestamp Patent

Proof of Xerox? Copier Giant Applies for Blockchain Timestamp Patent

Despite the negative news encircling cryptocurrencies this few days, the drive for fresh and revolutionary uses for Blockchain technology goes on. A technology firm most widely known to its eponymous photo-copier machines could be seeking to utilize blockchain to generate electronic evidence for documents as well as other kinds of data. Just a week ago, the Department of Commerce’s United States Patent and Trademark Office published a new patent applications filed by Xerox through which it describes a strategy where…

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Hotel Heiress Paris Hilton Is the Newest Star to Advertise an ICO

Hotel Heiress Paris Hilton Is the Newest Star to Advertise an ICO

The ICO market just gained an endorsement coming from the reality television celebrity who attempted to copyright the expression “that’s hot.” Hotel heiress and reality star Paris Hilton revealed recently on twitter that she is joining the token sale or the ICO party. According to Business Insider, the offering called Lydiancoin, is a platform that is developing “blockchain driven technologies to reduce ad fraud and to maximize the effectiveness of ad marketing expenditures.” The idea has been sailed by a…

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Microsoft Collaborates With Cornell Blockchain Research Group

Microsoft Collaborates With Cornell Blockchain Research Group

Announced today, technology giant Microsoft has joined up with the Cornell Tech-based Initiative for Cryptocurrencies and Contracts (IC3) research effort, made up of faculty members at Cornell University, UC Berkeley,Cornell Tech, University of Illinois at Urbana-Champaign (UIUC), as well as Technion. IC3 is a group which performs blockchain research around the sectors of distributed systems, cryptography, game theory, computer programming languages as well as security measure. IC3 and Microsoft will attempt to work jointly to make the financial system much…

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