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Alibaba Cloud’s Blockchain Service Goes Global
The cloud computing arm of Chinese e-commerce giant Alibaba has rolled out its Blockchain as a Service offering in Southeast Asia, the U.S., and Europe, according to Digital News Asia. Alibaba Cloud’s BaaS is based on two blockchain platforms – Hyperledger Fabric and Ant Blockchain – and is guarded by a “trusted computing and a secure consortium blockchain network” that
China Will Soon Require Blockchain Users to Register With Their Government IDs
China’s central government recently announced that it had drafted regulation which would require blockchain users to register with their government IDs, stripping blockchain users of their anonymity. Please find below some reactive commentary from industry leaders on the decision. MichaelWuensch / Pixabay Fran Strajnar, CEO and Co-founder of Brave New Coin, a leading data and research company focused on the
Value Firm’s New Crypto Hedge Fund Is Using “Proprietary Machine Learning Algorithms” to Post Returns of 340%
Towards the end of 2017 and the beginning of 2018, the world became obsessed with crypto assets. In many countries, the Bitcoin price became front-page news and investors of all experiences rushed to buy into the bubble. The price of Bitcoin and other cryptocurrencies peaked in mid-December 2017. We can now safely say that this was a bubble in crypto
Samsung Teams up With ABN AMRO and the Port of Rotterdam on Blockchain
Samsung’s IT subsidiary, Samsung SDS, has reportedly partnered with Dutch giants ABN AMRO and the Port of Rotterdam on a blockchain pilot, the Korea Joongang Daily reports. The partnership will focus on logistics, with Samsung SDS linking its Nexledger blockchain product with ABN AMRO’s financial transaction-oriented Corda platform by February. By the linking the two, they hope to verify if
Advisory Group Recommends EU Regulate Most Crypto Assets Under Existing Securities Rules
When a federal judge in New York ruled last month that the U.S. government could proceed with a fraud case in which it alleges that an initial coin offering (ICO) is a security, it potentially gave the Securities and Exchange Commission an important precedent as it tries to solve a problem that is vexing regulators across the globe: How exactly
BidiPass Aims to Bring Security to Each and Every Online Transaction
It’s easy to see why some people don’t readily communicate or transact online. With billions of email accounts getting hacked and millions of people getting robbed by identity thieves, security has become a major – and continuously increasing – issue over the past few years. Old-school password protection methods are getting weaker, while Two-Factor Authentication – such as the one
The Potential Impact of the EU Blockchain Partnership
Following the recent news of the progress made by the EU Blockchain Partnership developing initiatives and programs to become a global leader in Distributed Ledger Technology. As such, a number of leading companies within the blockchain space comment on the potential impact of the EU Blockchain Partnership on the wider ecosystem. MichaelWuensch / Pixabay A number of blockchain experts some
A Latin American Angel Investor's Advice On How to Succeed in Tech
Benzinga recently examined Merlin, a jobs platform that matches mostly blue-collar hourly talent with employers looking to hire. One of the co-founders, Güimar Vaca Sittic, a New York-based tech entrepreneur and prolific angel investor who's backed more than 100 companies, shared the successful tech venture's story. Merlin counts on over 50 employees working from Bogotá, Colombia, New York City and
Korea’s KB Financial Scores Patent for Blockchain Cybersecurity App
South Korean finance juggernaut KB Financial has reportedly been awarded a patent for its blockchain-based cybersecurity app, according to Cointelegraph, citing local news source The Digital Times. The new patent centers on a blockchain-cored solution which improves an “essential” security program for fintech apps by separating it from individual apps, thereby enhancing safety. The separation also has the bonus of
The Big Blockchain Lie
Now that cryptocurrencies such as Bitcoin have plummeted from last year's absurdly high valuations, the techno-utopian mystique of so-called distributed-ledger technologies should be next. The promise to cure the world's ills through "decentralization" was just a ruse to separate retail investors from their hard-earned real money. NEW YORK – With the value of Bitcoin having fallen by around 70% since