Smart Contracts news-Page 50
Thai Bond Market Association to Launch Blockchain-Based Registrar Bond Service Platform
The Thai Bond Market Association (TBMA) will deploy a blockchain-powered solution on its registrar service platform, local news agency Bangkok Post reports July 28. The new registrar service platform, which is scheduled to be introduced this year, intends to provide a faster bond certificate issuance and, in turn, boost the liquidity of the secondary market, according to TBMA president Tada Phutthitada. While market liquidity has been growing, the issuance of bond certificates still remains slow, which may cause serious limitations to the growth of corporate bonds in the secondary market. According to Mr. Tada, the platform will reduce the bond …
Blockchain / July 28, 2018
Bitcoin Holds the Week’s Major Gains as Other Altcoins Struggle
July 20: Bitcoin (BTC) has split off from other top cryptocurrencies and shows markedly more resilience in holding on to gains secured in the major upswing that kicked off earlier this week. Market visualization from Coin360 As Coin360 data shows, the top coin is an island of green, while most major alts are struggling to maintain positive momentum. Bitcoin (BTC) is trading around $7,398, up a fraction of a percent over the 24 hour period to press time. The leading cryptocurrency has been trading sideways as of early trading hours July 18, following an impressive uptick on July 16 that …
Bitcoin / July 20, 2018
UK Law Commission to Review Legal Frameworks to Remain ‘Competitive’ in Era of Smart Contracts
The U.K. Law Commission will review legal frameworks to ensure that British courts remain a “competitive” choice for businesses that use smart contracts. The announcement was made in the Commission’s 2018 report released July 19. The Law Commission was established in 1965 with the main tasks of monitoring the laws of the U.K. and recommending reforms. According to the Commission, smart contract protocols presage an era of trustless and more efficient business transactions that compels lawmakers to ensure that existing frameworks have the necessary flexibility and clarity to keep pace with innovation. Initial research into the matter is reportedly due …
Blockchain / July 20, 2018
Startup of Self-Proclaimed Bitcoin Creator Receives Three Bitcoin Cash-Related Patents
Blockchain startup nChain, associated with a man who once proclaimed himself to be Bitcoin’s (BTC) creator, has been granted three Bitcoin Cash (BCH)-related patents by the European Patent Office (EPO), according to an official statement July 11. The three new patents relate to the development of new methods of digital rights protection using blockchain technology and specify Bitcoin Cash’s blockchain as the standard technology on which transactions are demonstrated. The first patent listed in nChain’s announcement is entitled “A method and system for verifying ownership of a digital asset using a distributed hash table and a peer-to-peer distributed ledger,” while …
Blockchain / July 12, 2018
‘First Universal Wallet’ Supports EOS Mainnet and Offers Free Account Name Registration
The company behind the “world’s first” multi-asset, universal wallet that can store multiple cryptocurrencies and tokens has started supporting the EOS mainnet — and is offering free registration of EOS account names as part of a campaign running from July 6-18. Infinito Wallet, which began supporting EOS on June 7, says its special offer is on a first-come, first-served basis. Estimates suggest that EOS will be able to execute millions of transactions per second. Infinito Wallet, which is based in the Isle of Man and available on Google Play and Apple’s App Store, claims it is the first crypto mobile …
Blockchain / July 9, 2018
Ethereum’s Vitalik Buterin Blasts Centralized Crypto Exchanges: ‘I Hope They Burn in Hell’
Co-founder of Ethereum (ETH) Vitalik Buterin criticized centralized exchanges, saying that he hopes they will “burn in hell,” in an interview with a TechCrunch journalist Jon Evans, July 6. Buterin has reiterated his positive stance on decentralization, claiming that by developing “better” decentralized platforms, the crypto community should be able to take away the “stupid King making power” from centralized crypto exchanges. “I definitely personally hope centralized exchanges burn in hell as much as possible.” The creator of Ethereum criticized centralized platforms for having the ability to decide which cryptocurrencies “become big.” According to Buterin, they do this by charging …
Ethereum / July 7, 2018
Horizontally Scalable Blockchain System Launches ‘Flagship’ Membership Portal
A horizontally scalable Directed Acyclic Graph (DAG) blockchain system that aims to cater to consumer-grade applications has launched the Orion membership portal where members of its ecosystem can communicate and contribute to the network, with the company announcing its DAG token has listed on KuCoin. Constellation Labs says the capacity of its network is proportional to user adoption – with a partitioned consensus allowing the network to scale the number of transactions per second on an infinite basis. Reputation-based incentives are going to be used to eliminate transaction fees for the blockchain’s users. Its membership portal, Orion, is described as …
Blockchain / July 4, 2018
Ethereum to Combine Casper and Sharding Upgrades
Ethereum (ETH) developers have recently discussed the most significant upcoming updates to the ETH network at Ethereum Core Devs Meeting #40 that took place Friday, June 15. [LIVE] Ethereum Core Developer Meeting #40 [06/15/18] https://t.co/iqucGaNi15 #ethereum #allcoredevs pic.twitter.com/bDvhIpd2n4 — Ethereum (@ethereum) June 15, 2018 The key point of the recent meeting is rescheduling the releases of two main Ethereum chain upgrades such as Casper and sharding. Casper should have been released as a smart contract separately from the sharding upgrade. The new proposals suggest that Casper may be released on a shard, or a sidechain instead. Sharding, announced by Ethereum’s …
Blockchain / June 16, 2018
Chinese Central Bank Develops Blockchain System to Digitize Paper Checks
The People’s Bank of China (PBoC) has revealed a blockchain-powered system to digitize paper checks, local media Financial News reports June 5. The system aims combat financial fraud as well as reduce expenses for printing checks. According to Di Gang, an official at the bank’s digital currency research department, the platform comes after a year of development. Di said that checks will be tokenized and all operations will be conducted by smart contracts. Chinese officials hope that digitizing checks will make checking more transparent and less prone to fraud. The system developers emphasized that the technology’s consensus algorithm meets the …
Blockchain / June 6, 2018
EOS Price Jumps on News of EOSIO 1.0 Release, $50 mln Fund to Support ‘Ecosystem’
Blockchain software developer Block.one has released version 1.0 of their open-source blockchain protocol, EOSIO, according to an official blog post published today, June 2. The software is a platform designed for building applications at both the enterprise and “community-driven” levels. According to the company’s post, Block.one does not guarantee that the EOSIO software will perform “as intended” or “will be free of errors, bugs or faulty code,” claiming that developers implement EOSIO at they own risk. In addition to the new software release, Block.one also announced today that they had partnered with blockchain investment firm SVK Crypto to launch a …
Blockchain / June 2, 2018
7 Myths About Ethereum Decentralization
The views expressed here are the author’s own and do not necessarily represent the views of Cointelegraph.com Blockchain and decentralization have become synonyms in the cryptocurrency industry. The use of blockchain technology made it possible to create a network where all users are equal, and information is distributed over a countless number of computers in the world. Decentralization has gained a particular value for banks and other commercial institutions, since it brings a new dimension to the concepts of security and transparency. A study conducted in February 2018 by Professor Emin Gün Sirer demonstrated that Ethereum is much more distributed …
Decentralization / May 29, 2018
Blockchain Micro-Learning Platform to Help Students Earn as They Learn
A new blockchain platform by an established company in the educational sector is going to enable users to earn crypto tokens as they learn – all the while making lessons exciting and ensuring billions of people around the world have access to talented instructors. Code of Talent’s team say they want to address multiple failings in the industry which have seen learners become disengaged in boring, generic and uninteractive classrooms. This also has huge ramifications for students attempting to enter the world of work or those seeking to change careers, as a disconnect between the theory they have learned and …
Blockchain / May 25, 2018