The highly anticipated white paper for privacy technology zk-starks has been released. Touted as a more secure version of zk-snarks, the privacy technology used by zcash, zk-starks remove the need for a "trusted setup." The publication of the zk-starks white paper will likely cause a stir in the development community. The paper is co-authored...
Overstock.com just got a hefty chunk of change from one of the biggest names in finance, and CEO Patrick Byrne says much of it will fund the company's blockchain work. The company disclosed in a Securities and Exchange Commission (SEC) filing this week that the holder of a warrant had...
The global financial platform for cross-chain smart contracts, Wanchain, has raised 74,332 ETH in its crowdsale and its Silver-whitelist (39,251 ETH) was completed within 15 minutes. Its Founder, Jack Lu, has come to Hong Kong on 18 Dec to speak about Wanchain’s latest development in a Blockchain Hong Kong Meetup event organized...
The companies behind three blockchain platforms have unveiled a new advocacy group centered around interoperability between disparate networks. Dubbed the Blockchain Interoperability Alliance, the effort is being backed by Aion, ICON and Wanchain in a bid to advance standards that would, as envisioned, promote a greater degree of connectivity between different blockchains. "We...
The State Bank of India (SBI) plans to beta test a Blockchain-based smart contracts system that was developed by the BankChain consortium in December 2017. The consortium, which was launched in February, is composed of 27 banks that aim to develop Blockchain solutions for the banking industry in the country. According...
Back in 1927, pilot Charles Lindbergh could have flown cash across the Atlantic Ocean faster than most payments happen over that same body of water today. Whereas Lindbergh completed his historic solo flight from New York City to Paris in 33 hours and 30 minutes, a typical bank transaction today...
Through a platform established by uPort, Zug has officially opened ID registration on the Ethereum blockchain. On November 15, 2017, Ethereum-based self-sovereign identity platform uPort opened identity registration on the Ethereum blockchain to inclined citizens. The city’s partnership with uPort had been previously announced in July of 2017, and development of platform for digitizing...
Although it may be hard to imagine, cryptocurrencies are far older than Blockchain technology. Most of us look at Bitcoin as the first cryptocurrency, although it is only the first Blockchain-based currency. Cryptocurrencies like B-Money and BitGold existed prior to Bitcoin, however, these didn’t really go far, especially when judged...
Should you let an AI algorithm make a $100 mln call on your behalf? That’s a concept that several hedge funds have been tackling for a few years. As artificial intelligence continues to prove its efficiency in an increasing number of fields, many investment firms, nascent and old, are starting to...
The small but economically vital Catalonia region of Spain has declared its independence, but Madrid vows to keep the region a part of Spain. While governments and thought leaders around the world line up behind opposing sides, the would-be independent government is looking to use a national cryptocurrency and a Blockchain-based residency system. According...