distributed ledger technology

The DLT Science Foundation Makes its Public Launch to Revolutionize Industries and Society with Distributed Ledger Technology

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Time Stamp: March 20, 2023 6:24 AM - Modified On: March 20, 2023 - Published By:
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With the support of Hedera, the DLT Science Foundation will empower cutting-edge education, research and innovation in DLT through its open network of world-class universities. Initial members include esteemed global research institutions IIT Madras, LSE, NUS, UCL and UZH London, UK — 20th March 2023 — The DLT Science Foundation (DSF), a global, non-profit organisation, launched today with the goals of expanding knowledge and adoption of, and removing barriers to, fundamental breakthroughs in the field of distributed ledger technology (DLT). Central to the Foundation’s plan to support the responsible adoption

Powers On… Don’t worry, Bitcoin’s adoption will not be stopped

Source Node: https://cointelegraph.com/magazine/2021/09/30/powers-on-bitcoins-adoption-will-not-be-stopped
Time Stamp: September 30, 2021 9:08 AM - Modified On: September 30, 2021 - Published By:
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In a series of  recent interviews and speeches, United States Securities and Exchange Commission Chairman Gary Gensler has called the cryptocurrencies market the “Wild West” due to its unregulated and allegedly fraud-filled atmosphere, predicting that the coins were doomed to fail. Powers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct professor at Florida International University College of Law, where he teaches

BIS partners with Australia, Malaysia, Singapore, South Africa for CBDC trials

Source Node: https://ambcrypto.com/bis-partners-with-australia-malaysia-singapore-south-africa-for-cbdc-trials/
Time Stamp: September 2, 2021 8:30 AM - Modified On: September 2, 2021 - Published By:
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The Bank for International Settlements (BIS), spearheaded by Singapore, will test the use of central bank digital currencies (CBDCs) for efficient global payments. Via a recent press release, the BIS announced that it is joining forces with the central banks of Australia, Malaysia, Singapore, and South Africa to examine a direct, shared platform for international payments. The experiment, under Project Dunbar, aims to reduce costs and increase the speed between cross-border payments by institutions. According to Andrew McCormack, Head of the BIS Innovation Hub Centre in Singapore, “Project Dunbar brings

Goldman Sachs Is Hiring a New VP of Digital Assets

Source Node: https://cointelegraph.com/news/goldman-sachs-is-hiring-a-new-vp-of-digital-assets
Time Stamp: August 19, 2020 12:52 AM - Modified On: May 21, 2021 - Published By:
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Investment banking giant Goldman Sachs is hiring a new vice president in the Digital Assets team within its Global Markets Division in London.According to a recent job posting on the investment firm’s website, the new VP will work with the Digital Assets team in “defining and executing Goldman Sachs’ distributed ledger technology (DLT) and blockchain efforts firmwide, including any potential initiatives in the cryptocurrency space.” The role requires that any applicants be able to identify opportunities where blockchain and DLT digital assets can add value.The current global head of digital

Unraveling the Blockchain and Crypto Gaming World One Click at a Time

Source Node: https://cointelegraph.com/news/unraveling-the-blockchain-and-crypto-gaming-world-one-click-at-a-time
Time Stamp: August 15, 2020 7:30 AM - Modified On: May 21, 2021 - Published By:
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Regular readers will no doubt be aware of the high expectations currently being placed on the shoulders of blockchain gaming. For advocates of blockchain technology, there is the hope that tapping into the estimated 2.5 billion gamers worldwide will provide a huge leap toward mainstream adoption.Blockchain and distributed ledger technology continue to make inroads into all kinds of industries as an increasing number of people discover and gain an understanding of the benefits that it can bring. From supply chain efficiencies through certification of authenticity and provenance to the immutable

Animoca Targets Non-Crypto Gamers by Developing Big Brand Games

Source Node: https://cointelegraph.com/news/animoca-targets-non-crypto-gamers-by-developing-big-brand-games
Time Stamp: August 12, 2020 12:59 AM - Modified On: May 21, 2021 - Published By:
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While investment is heating up in the blockchain gaming sector, a common criticism of crypto-powered games has been how to secure users from outside of the cryptocurrency space.Blockchain gaming powerhouse, Animoca Brands, believes that acquiring mainstream games with loyal players and exposing them to the benefits of blockchain and distributed ledger technology (DLT) is the best way to attract new audiences into crypto.Cointelegraph spoke to Yat Siu, the chief executive of Animoca Brands, to learn about his firm’s strategy for bridging the gap between the mainstream gaming and crypto worlds.Animoca

Interchain Data Hosting Project Combines Edge Computing With DLT

Source Node: https://cointelegraph.com/news/interchain-data-hosting-project-combines-edge-computing-with-dlt
Time Stamp: April 9, 2020 6:01 AM - Modified On: May 21, 2021 - Published By:
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Interchain decentralized data hosting project Bluzelle (BLZ) announced the launch of its mainnet which aims to combine the advantages of edge computing with distributed ledger technology (DLT).According to an announcement shared with Cointelegraph on April 9, Bluezelle will host a network stress test dubbed “Swarm of Duty” which will be incentivized with $30,000 worth of tokens for developers, token holders and validators. The company says that this test is “the last step before Bluzelle’s mainnet launches” and is meant to ensure that the network can manage real-world usage.Bluzelle’s team claims that

Most of China’s DLT Firms That Closed in 2019 Were Scams or Poorly Planned

Source Node: https://cointelegraph.com/news/most-of-chinas-dlt-firms-that-closed-in-2019-were-scams-or-poorly-planned
Time Stamp: April 6, 2020 6:00 PM - Modified On: May 21, 2021 - Published By:
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Most of the blockchain firms that closed in 2019 were cryptocurrency scams or had deficient business models, according to recent research.Research sent to Cointelegraph by Chinese market research firm EqualOcean on March 26 suggests that most blockchain-backed Chinese businesses that halted their activity last year had major flaws.Short-lived companiesThe report found over 70 blockchain projects that shut their doors last year. Among them over 70% of the projects reportedly did not survive their first year and 30% did not last 6 months. The research reads:“A considerable number of which were

IOTA Set for More Exposure on U.S Exchanges After New 2.0 CRC Rating

Source Node: https://coinfomania.com/iota-set-for-listing-on-u-s-exchanges-crc-rating/?utm_source=rss&utm_medium=rss&utm_campaign=iota-set-for-listing-on-u-s-exchanges-crc-rating
Time Stamp: April 3, 2020 6:10 PM - Modified On: May 21, 2021 - Published By:
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IOTA (MIOTA), the native token of the distributed ledger technology project led by the IOTA Foundation, could potentially be listed on more cryptocurrency exchanges in the United States in the coming weeks, Coinfomania has learned. The anticipated listing spree, which has already begun with a Bittrex Exchange listing earlier today, follows a recent rating report published by the Crypto Rating Council (CRC) on IOTA. The digital asset has until now been sparsely traded on U.S exchanges. The reason is that its properties and mode of initial distribution (a token sale)

150-Year-Old Chinese Gas Company Ramps Up Blockchain Adoption

Source Node: https://cointelegraph.com/news/150-year-old-chinese-gas-company-ramps-up-blockchain-adoption
Time Stamp: April 3, 2020 2:01 PM - Modified On: May 21, 2021 - Published By:
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Chinese energy company, Shanghai Gas, announced an expansion of its blockchain efforts following a successful trial partnership with supply chain management blockchain firm, VeChain (VET), on March 31.Shanghai Gas, founded in 1865, is owned by utility services company, Shenergy Group — which claims to occupy more than 90% of Shanghai’s gas market. The firm has an annual supply of over 8 billion cubic meters.Shanghai Gas expands blockchain adoptionShanghai Gas’ trial used distributed ledger technology, or DLT, provided by VeChain to comprehensively monitor its supply chain and identify opportunities for efficiency

Blockchain Head at European Commission Explains Usefulness of DLT

Source Node: https://cointelegraph.com/news/blockchain-head-at-european-commission-explains-usefulness-of-dlt
Time Stamp: April 3, 2020 9:08 AM - Modified On: May 21, 2021 - Published By:
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The head of the digital innovation and blockchain unit at the European Commission (EC), Pēteris Zilgalvis, explained the concise benefits of distributed ledger technology (DLT) in an interview to The Banker, a subsidiary of the Financial Times. In the interview, published on April 3, Zilgalvis talked about the benefits and challenges of the technology.According to him, blockchain provides a powerful framework for data sharing, something that can't be done by normal databases:“We think that it presents an excellent technology for situations where different stakeholders need to collaborate but, due to