Adoption

VET Geared For New Highs As VeChain Readies Latest Innovations

VeChain has seen a recent four-month rally, which only recently managed to die down. However, depending on the metrics you trust on the matter, a massive breakout event could happen, once more, which could see massive new highs for the currency. VeChain Getting The Best Of Things Of all the various cryptocurrencies the world has to offer thus far, VeChain stands as one that’s had a very good year of 2020. The pandemic may have caused a massive amount of chaos for the crypto industry at large, especially during Black

HashCash Receives Title of Top Blockchain Development Company

Rate this post HashCash Consultants, a firm that offers blockchain solutions globally has been listed as a leading blockchain development company. The company has received this listing from a global tech review firm.  The firm has made this decision by conducting a survey of the leading and the best enterprises in this sector. As a result, it found out that HashCash is the best one in offering blockchain and crypto services globally. The decision has been made on the basis of various parameters that were set by the firm for

Will Video Game Crypto Be the Catalyst for Adoption?

-More than one-third of humanity will play video games by the end of 2021. -A number of platforms provide blockchain opportunities not found in traditional gaming. -After several years of failures, blockchain adoption may finally be here. The video game industry may be the natural catalyst to bring blockchain technology into the mainstream. Most experiments have failed so far, but is that about to change? After years of trial and error with Bitcoin, some video game platforms are finding a way to exploit distributed ledger technology. Is humanity witnessing the

Bitcoin breaks $11,500 as sentiment metrics show it’s still undervalued

The DeFi-induced bullrun has arguably pushed the crypto market upwards the past week, with Bitcoin, Ethereum, and other major cryptocurrencies giving gains of over 10-15 percent to investors.Data feeds from one quantitative on-chain data provider prove the above, with sentiment metrics, in particular, paving the path for even higher prices.Bitcoin public sentiment increasesData on The TIE — a provider of alternative data for digital assets that quantifies investor perceptions on hundreds of digital assets — shows Bitcoin is showing bullish action in both short- and mid-term trades.The chart below maps

Crypto Tidbits: Bitcoin Explodes Past $11k, Ethereum 2.0 Nears, Cardano’s Shelley Launches

Another week, another round of Crypto Tidbits. It’s been an explosive week for the Bitcoin and crypto market, to say the very least. Bitcoin surged from under $10,000 to as high as $11,500 this week. Over the past seven days, the asset has gained approximately 20% — the best weekly performance in many months. Chart of BTC's price action over the past two weeks from TradingView.com Bitcoin’s recent price action comes as a breath of fresh air for crypto traders, which had to deal with BTC flatlining in the $9,000s for

Revolut Offers Cryptocurrency Service to its 7 Million Users Amid COVID-19 Crisis

The outbreak of the Coronavirus pandemic has affected the economic growth of many countries around the world.  Most financial institutions are forced to proffer different initiatives to mitigate the harsh effect of the virus on the global financial market. Central banks continue to print more banknotes to stimulate the economy in the fight against the outbreak. However, many reports have revealed that banknotes are potentially not safe during this time as they could help transmit the virus from one person to another. There is also the fear that excess money

Cardano Partners With South African Blockchain Alliance To Boost Adoption

The Cardano Foundation announced a partnership with the South African National Blockchain Alliance (SANBA) on April 7. The partnership endeavors to explore further ways to strengthen technology’s adoption throughout South Africa.According to the official announcement, Cardano will use blockchain technology to boost socio-economic growth in South Africa. The Foundation believes such a partnership will help them to achieve their goal of increasing blockchain adoption across the region.South Africa as the key market for African blockchain awarenessCardano cites the South Africa market as pivotal to building a network across the country

Exclusive: US Congressional Watchdog on Prototyping Smart Contracts

The supreme audit institution of the United States, the Government Accountability Office (GAO), posted two job positions with its Innovation Lab concerning the development of prototype applications for blockchain technology during March.Cointelegraph spoke to Chuck Young, the managing director of public affairs at GAO, to find out more about the agency’s interest in distributed ledger technologies, or DLT.GAO to refine auditing processes for blockchainYoung stated that GAO's primary application for blockchain will be as “a digital financial ledger” — indicating that the chief auditor is planning to use blockchain to

Zoom Data Scandal Shows Blockchain May Be the Future of Communications

As people around the world started following shelter-in-place orders, popular video conferencing platform Zoom quickly gained new users, noting in a recent blog post that it had reached more than 200 million daily users last month, up from 10 million in December. From virtual conferences to online birthday parties, thousands of individuals have flocked to Zoom in an attempt to remain social at a time when social gatherings are banned.Yet, while Zoom may have seemed like the perfect alternative to in-person gatherings, a major security flaw has been lurking in

Japan Launches Digital Court Based On Blockchain Technology

Researchers across the globe have come together and developed a digital court system based on blockchain technology. The court itself will be used in cases like auctions, sales, contracts, as well as other civil matters, at least for a start. The digital court will identify then punish individuals who have deviated from their respective legal obligations.New Courtrooms Are DigitalProfessor Hitoshi Matsushima, coming from the University of Tokyo, led the project alongside Shunya Noda, from the University of British Columbia. Through the press release, the Japan and Canada-based researchers explained that

Blockchain Traceability Overtakes Payments Among Major Corporations

Multi-billion dollar companies are more likely to use blockchain for traceability and provenance than for payments and settlement, according to a new analysis of the Forbes Blockchain 50.The now annual Blockchain 50 list was published in late February and includes fifty of the biggest brands in the world who are using blockchain, each with annual revenue in excess of $1 billion in annual revenue. Research from Dutch firm Blockdata, which incorporated its own data in the analysis, found that fifteen have solutions that tackle traceability and provenance, while 13 are using