Ethereum 

Aztec Introduces Privacy Network on Ethereum Blockchain

Over the years, the Ethereum network has slowly but surely grown into one of the most influential blockchain networks in the industry. Over the years, plenty of institutions have established their proprietary networks on the Ethereum blockchain, and that is one of the major reasons behind this blockchain network. In a new development that will come as a major boost for ETH fans, it has emerged that Aztec has decided to establish its private network on Ethereum. The network in question is supposedly going to provide a cost-effective solution to…

Read More
Ethereum 

ICON ($ICX) Charters Course to Blockchain Supremacy

ICON (#ICONProject), the South Korean blockchain startup, is one of the few blockchain companies that has risen from the ashes of the crypto bubble of 2018. It has demonstrated a strong commitment to leading the charge towards realizing a blockchain-powered future. ICON has a solid plan, through which it plans to become a central pillar that will support blockchain integration in many facets of society and the economy. However, we must look back a bit to understand the gravity of ICON’s plans and its journey ahead. 1. THE ROAD SO…

Read More
Bitcoin 

Blockchain Investments in China Dropped 40.8% in 2019

A new survey has shown that blockchain investments in China in investment and financing deals dropped in 2019 by more than 40%. Over the course of last year, there were around 245 investment and financing deals in China, which is almost 60% less than those in 2018. Blockchain Investments in China dropped 40% Last Year According to data collected by state-run media Xinhua and financial data platform Rhino Data, the total Chinese blockchain investments last year accounted for around $3.6 billion. These figures were released by Xinhua Finance on January…

Read More
Blockchain 

Ernst & Young Unveils Blockchain Solution for Government Spending

The crypto space has come a long way over the past few years, and so has the blockchain solution space. While it is true that for most people, crypto and blockchain are synonymous, it needs to be kept in mind that the latter is a form of technology that has a wide variety of uses. Nowadays, many of the world’s biggest firms are making attempts to use blockchain technology, and the latest in the line is consultancy giant Ernst & Young. The company announced that it is all set to…

Read More
Blockchain 

Samsung Patents Its Blockchain SSD

In May, South Korean tech giant Samsung (OTC:SSNLF) filed for a patent titled “Programmable Blockchain Solid State Drive and Switch.” Although details about the recently designed system are scanty, a lot of people in the sector are already pointing out the significance of this technology. It appears like most corporations are also following the trend, with several having filed patent applications. Samsung Patents New Programmable Tech Patent wars are not a new phenomenon in the tech sector as there have been several legal battles over the same. In the tech…

Read More
Blockchain 

How Can Blockchain Transform the Real Estate Sector?

Blockchain technology has the potential to revolutionize the real estate sector, from property trading to land registry process, diligence, and quick settlements. Real estate is one of the significant assets in the world. The survey done by Grand View Research says that the global real estate market is estimated to reach a revenue of $4,263.7 billion USD by 2025. However, citizens in developed countries like the USA lost approximately $150 million because of real estate scams in 2018. Though a lot of technology advancements have been made to overcome real…

Read More
Blockchain 

Bitcoin Cash Will Be Available on HTC’s Blockchain Phone

Over the past few years, plenty of cryptocurrencies have been created that have further broadened the ecosystem, and one of the most important ones is Bitcoin Cash. On the other hand, it has to be taken into consideration how a crypto ecosystem is emerging pretty quickly, and one of the recent developments in this regard are crypto phones—or blockchain phones. Over the past weeks, companies like Samsung and LG have announced plans to introduce crypto smartphones, which is why the latest development with regards to HTC is not really a…

Read More
Blockchain 

Santander Launches First Ever End-to-End Bond on Ethereum Blockchain

Spanish banking giant Santander (NYSE:SAN) has announced today that it has become the first bank to use blockchain to manage a bond issue. The bank reportedly issued $20 million USD worth of bonds on the Ethereum blockchain, where it will remain until the end of its one-year maturity. As part of the transaction, Santander used an ERC-20 token to represent the value of the bond, which it issued on Ethereum’s blockchain network. This ERC-20 token was then bought by one of Santander’s companies, Santander Corporate and Investment Banking (CIB), for the…

Read More
Blockchain 

Mastercard Teams Up with Blockchain Firm R3 for Cross Border Platform

Payment leader Mastercard (NYSE:MA) intends to expand a blockchain platform for cross-border settlements in collaboration with Ripple-backed fintech research company R3. Over the course of the past few years, the cryptocurrency space has grown at a remarkably fast rate and after the hibernation of sorts in 2018, most cryptos have been back with a vengeance this year. One thing that needs to be mentioned in this regard is the way in which some of the world’s biggest companies have now identified the true power of blockchain technology. In a new…

Read More
Blockchain 

LG Working on a Blockchain Phone to Compete with Samsung

A blockchain phone is not something many would have thought of even a few years ago. Even around three years ago when the remarkable cryptocurrency bull run had just started off, it was still looked upon as a novelty, and not many had a lot of ideas about what it could eventually become. At the time it was unthinkable that a really strong ecosystem was going to grow that could make cryptocurrency ownership and trading far easier for people. Blockchain Phone Market Heats Up That being said, it has actually…

Read More