The cryptocurrency madness is continuing – companies are starting to change their names to include the word “blockchain”and thus raise the price of their stocks. According to the report from Verge, Drinks Corp became Long Blockchain, which instantly raised the price of its stocks by 200%. Similarly, a startup from California called Vapetek change its […]
Mastercard has presented various patent based on the widely popular blockchain technology since October last year. Being one of the biggest credit card companies in the world, Mastercard continues working on series of blockchain tools, expanding them for use in banks and merchants. The new announcement from the company stated it will focus on the […]
Each day more governments from around the world are adopting the blockchain technology, thanks to its transparency, security and immediacy. One of these governments is the United States government which plans on using the blockchain technology to store sensitive and confidential documents. The project will be executed in cooperation with the tech giant Microsoft and […]
There are speculations that the US government is all set to follow Japan’s path and establish regulatory norms for cryptocurrency (virtual coins like bitcoin and Ethereum) trading. Last week, the Japanese government and its financial watchdog the Financial Services Agency (FSA) officially permitted and licensed 11 cryptocurrency exchanges including BitFlyer, the country’s biggest trading platform […]
The whole financial industry is currently dabbling around cryptocurrencies like Bitcoin, Ether, etc. To put it simply, these virtual currencies operate without formal banking system; hence, they are decentralized. Other important factors are the security and transparency they offer via encryption techniques powered by blockchain technology. As blockchains keep a public digital record of every […]
The Silicon Valley is in full force when it comes to the crypto coins. A Valley-based start-up called Protocol Labs, IPFS has set a goal to allow everyone to buy and sell unused computer storage space. They have also come up with a unit to facilitate the exchange in this market – a digital currency […]