• Market Cap: $207b

  • Aug 16, 2018

The blockchain is a decentralized system with a distributed open ledger that is publicly accessible, and its copy is stored on millions of computer systems. Blockchain became popular with the inception of cryptocurrencies like Bitcoin. However, it is important to note that blockchain's utility is not limited to cryptocurrency. Discover such systems in this news section.

Microsoft’s Latest Patent Filing Reveals Use of Blockchain Tech with Trusted Computing

The aim of these patents filed by Microsoft is to make use of Trusted Environment Executions (TEEs) to infuse a higher level of security in blockchain networks.

Bitt Inc. Signs MoU with Central Bank of Two Caribbean Nations to Explore Digital Currency Possibility

The MoU is signed to explore the feasibility for issuing a digital currency of 'Curaçao and Sint Maarten guilder' by the CBCS to facilitate digital financial payments within the monetary union of the two nations.

Facebook’s Crypto Ambition: Meeting with Stellar, Marcus Steps Down From Coinbase Board

Facebook has been taking rapid steps forward towards entering into the blockchain and cryptocurrency business. However, their final plans are still a mystery.

Volkswagen Bringing Blockchain to the Road For Filling Tank, Unlocking Car, Etc.

"This crypto technology offers enormous potential for maintenance, logistics, self-driving vehicles, and specialized solutions such as tamper-proof odometers"

World Bank Chooses Commonwealth Bank of Australia To Issue World's First Blockchain Bond

Once launched, the bond will be issued and distributed on a blockchain platform operated by the World Bank and CBA in Washington and Sydney, respectively.

IBM, Maersk Launch 'TradeLens', a Blockchain-Enabled Shipping Solution

It is designed to promote a more efficient and secure global trade, bringing together various parties to support information sharing and transparency, and spur industry-wide innovation.

Microsoft Releases Ethereum Proof-of-Authority on Azure

The company says that an alternative protocol, Proof-of-Authority, is more suitable for permissioned networks where all consensus participants are known and reputable.

State of Telangana Teams Up with Tech Mahindra to Set Up India’s First ‘Blockchain District’

State of Telangana has teamed up with tech giant Tech Mahindra to work towards the development of India’s first-ever ‘Blockchain District’

Blockchain to Save Banks Over $27 Billion Annually by 2030: Study

Banks to realize savings on cross-border settlement transactions of more than $27 billion by the end of 2030, reducing costs by more than 11% per on-chain transaction.

'Long Blockchain' Tea Company Being Investigated By SEC

Long Island Iced Tea, a New York based beverage company changed its name to Long Blockchain Company last December.