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2020

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Visa applies for patent to launch a digital fiat currency

INDUSTRY

Friday, 15 May, 2020 at 08:06 GMT
Global payments giant Visa has applied for a patent from the U.S. Patent and Trademark Office (USPTO) that will see a centralized party create and distribute a digital fiat currency based on a blockchain. ...
Bitcoins hash rate drops

INDUSTRY

Thursday, 14 May, 2020 at 10:10 GMT
Hash rates on the BCH and BSV networks have surged in the week after Bitcoin (BTC) welcomed its third halving. According to data from BitInfoCharts, Bitcoin Cash and Bitcoin SV have recorded higher levels of computational power even as that of Bitcoin (BTC) declined. ...
Bitcoin halving day records alltime high in hashrate

INDUSTRY

Tuesday, 12 May, 2020 at 03:49 GMT
Bitcoin [BTC] halving was celebrated across the entire crypto-industry. Media outlets and top contributors held long chat sessions, hang-outs, and giveaways to commemorate the 4-yearly event. Looks like the miners were having a party of their own as they deployed their machines...
Infinito and paxful form strategic partnership

INDUSTRY

Monday, 11 May, 2020 at 05:17 GMT
Infinito and Paxful have partnered up to bring Infinito Wallet users a safe, feeless, and fully peer-to-peer way to buy Bitcoin with 167 fiat currencies through over 300 payment methods at great prices. The two are also working together on a unique "investment competition game"...
Is covid19 proving bitcoins worth over gold

INDUSTRY

Friday, 8 May, 2020 at 11:48 GMT
Unless you've been living under a rock for the past three months, you'll have heard about the impact coronavirus has had on the world. The pandemic has brought the world to a standstill but has been able to give perspective on bitcoin and gold and the need for a hedge against...
The bitcoin halving event is only a few days away

INDUSTRY

Monday, 4 May, 2020 at 12:16 GMT
The Bitcoin Halving event is set to happen on May 11 and the entire cryptocurrency market is watching to see what this could mean for Bitcoin, other cryptocurrencies, and the underlying Blockchain technology. Bitcoin halving is a control-mechanism that Satoshi Nakamoto programmed...
How blockchain will influence communication industry

INDUSTRY

Friday, 1 May, 2020 at 12:06 GMT
The privacy and security of consumer data are highly essential in 2020 and beyond, to maintain the credibility of systems and foster trust among its users. In this case, the user has sole ownership of their data and has the right to decide on whether to share such data....
Bitcoin vs ethereum which is now superior

INDUSTRY

Tuesday, 28 April, 2020 at 17:46 GMT
Ethereum was to handle as much as one billion transactions a day by 2020 through sharding. Now three years on, sharding appears unlikely before 2024-25 at best. Until then, eth does not have any advantage over bitcoin where on-chain capacity is concerned, but it does have some...
Renewable energy oriented bitcoin mining

INDUSTRY

Monday, 27 April, 2020 at 08:12 GMT
In the recent episode of the Untold Stories podcast, Genesis Mining CEO – Marco Streng pointed out the predominant narrative related to large scale mining operations and its impact on the environment and issues pertaining to energy consumption. Bitcoin, being based on a proof...
Chinas blockchain technology weathering storm amid covid19

INDUSTRY

Thursday, 23 April, 2020 at 09:20 GMT
China's gross domestic product dropped down to 6.8% in the first quarter compared to previous years. Shops, factories, and offices are now starting to reopen, but people remain anxious and movement is restricted. ...

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