Bank of England considering cryptocurrency of its own: report
Bank of England Governor Mark Carney said he would still consider issuing a digital currency, although it’s not an immediate concern for the central bank.
Latest blockchain News
Mao Zedong stunt ends in furore at blockchain conference in China
A publicity stunt featuring a Mao Zedong lookalike ended badly for organizers of a blockchain conference in China.
Hangzhou Blockchain Industrial Park offers millions of dollars for tech talent, blockchain startups
The Hangzhou Blockchain Industrial Park in China is dangling millions of dollars in an effort to draw in blockchain startups and tech talent.
Intel looks to eliminate miners with DLT automation
Intel has filed a patent for a system that would make transaction verification on a distributed ledger automatic, negating the necessity of paying miners for the service.
Shenzhen taps Tencent to fight tax fraud using blockchain
Tencent has been tasked by the Shenzhen government to set up an “Intelligent Tax” innovation laboratory to tackle its tax fraud problems.
Proof of Work vs Proof of Stake
One of the primary tenets that underpins Bitcoin’s operation is its Proof Of Work algorithm, but there’s been a snowballing movement among many crypto enthusiasts to what is now known as Proof Of Stake (PoS).
BTC Gold suffers double spend attack
BTC Gold reportedly fell victim to a double spend attack when a miner gained 51 percent control of the network.
Crypto in Africa: Blockchain takes root in the heart of African countries
While most African countries are slowly warming up to blockchain technology, South Africa, Nigeria, Kenya, and Ghana are taking the bull by the horns.
Russia’s Duma accepts first draft of crypto industry bill
The bill, “On Digital Financial Assets,” proved to be a hit with lawmakers, who approved the measures almost unanimously.
Pacific ‘floating island’ to have its own gov’t, cryptocurrency
Dubbed a Floating Specialized Economic Zone, the 300-home community has received backing from the groups behind the initiative and the sale of the Varyon crypto coins.
Overstock’s tZero announces regulated exchange for token sales
Online retail giant Overstock has announced plans for a regulated exchange for token sales, via its blockchain subsidiary tZero (t0).
Blockchain-driven AI platform boasts of solution for retail’s ‘$500B issue’
The Optimal Shelf Availability Decentralized is touted as the ideal solution for major brands and even small chains to track their stocks, inventories and orders with what the company calls “pinpoint accuracy.”