Bermuda Aims to Become the New Blockchain Hub
Bermuda government is working on establishing blockchain and cryptocurrency firms in the island.
- Rosemary Tomichan
- May 08, 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.
Bermuda government is working on establishing blockchain and cryptocurrency firms in the island.
Oracle is now looking forward towards making use of the blockchain technology as it gets ready to launch blockchain-based products soon
MOBI, a consortium of companies teams with automobile giants to implement blockchain in cars.
Indonesia has now become the latest nation to be looking towards the blockchain tech for innovating their public/private sectors.
With this acquisition, PwC intends to integrate VeChain’s technology on their platform, which is likely to involve the use of VeChain tokens for transactions.
Berkeley City Council has unanimously approved the plan to get the sale of their municipal bonds on a blockchain system to raise public finance.
A survey shows that 53% of senior shipping executives are exploring the various blockchain applications
The Panmunjom Declaration, signed by leaders of North and South Korea marking the end of the Korean war is stored on block 5517596 of the Ethereum blockchain.
Brin mentioned that Google witnessed a surge of their own processors by 200,000x (times) in just 20 years!
Mastercard Innovation Lab has experimented and filed a successful patent for a system designed to increase the speed of node verification