Disclaimer: The views expressed here are the author’s own and do not necessarily represent the views of Cointelegraph.com Today, anyone can create a smart contract based on the Ethereum blockchain and release their own tokens. Until recently, the implementation of a particular coin was entirely entrusted to the developer of that coin, and it had rather an experimental nature often accompanied by a number of related problems - including the freezing of investors' funds, hacking of contracts or unpredictable network operation. In this ‘Wild West’ atmosphere, new Ethereum protocols are being created - which are designed to correct the errors …

A company is creating a smart contract for advertising which it says could potentially ease two major issues that are plaguing the flourishing industry: fraud and a lack of transparency. SaTT stands for Smart Advertisement Transaction Token, and it has been created by Atayan Inc. Its team believes blockchain could help ensure advertisers are “not be misled by an underperforming publisher or affiliate that does not meet their expectations.” The platform wants to help the industry “scale up in a more positive, transparent way” by allowing a campaign’s criteria – such as the age and gender of viewers or the …

The National Audit Office of the People's Republic of China is considering a Blockchain solution to address the problem of what it describes as the “endless cycle of data storage and management” for its current infrastructure, according to an announcement published on its website Apr 24. The National Audit Office is tasked with auditing all government-related financial transactions, and manages a centralized data center which stores the relevant data for every subordinate auditing bureau in the country, at provincial and municipal levels. The predicament it faces is therefore an “infinite expansion of data center hardware and software equipment requirements” to …

In 2017, app stores saw record revenues and downloads. Across both iOS and Android platforms, downloads grew by 15 percent year-over-year to reach nearly 50 billion worldwide, taking total revenue to $15 billion. Google Play and the Apple App Store are the most widely used mobile marketplaces across the globe. It’s because of this duopoly that they are able to impose a 30% cut on all purchases, app downloads and in-app items alike. AppCoin wants to change this by utilising Blockchain technology, disrupting the traditional app economy. This economy is worth nearly $77 bln today and may double by 2020. …

What is a database? A database is an organized collection of information or data. Nowadays there is a large stream of information, and the challenge is to store it in a way that you can easily find and use it whenever you need it. The databases can be divided into three types: Centralized. All the data is a unified body that is stored on one computer. To get the information you have to connect to the main computer called server. Decentralized. It means that there is no central storage. Some servers provide information to the clients. The servers are connected …

Background Multisignature wallets are smart-contracts designed to manage crypto assets by the consent of multiple wallet owners. This type of wallets usually allows to set daily withdrawal limits, vote for withdrawals, vote for ownership changes, etc. With the big surge in crypto prices this year, many people are now holding significant amounts of crypto assets. It is worth taking security more seriously and putting your assets, or at least most of them, into a multisig wallet is a good step toward that. That enhances security for a process that moves lots of funds quite quickly. If you own a multisig …

The way we shop online is going to change by leaps and bounds in the years to come. As the Internet is becoming more widespread, the number of online shoppers and businesses is on the rise. Whether it be self-employed entrepreneurs, small-scale manufacturers or family businesses - they either already have an online store or want one in order to serve more customers and increase revenues. Just like many other industries, Blockchain technology will disrupt the e-commerce field. In order to keep up with change, both consumers and businesses will look for effective ways to buy and sell goods. Storiqa …

The online publishing and advertising market is heavily reliant and dependent on mediators, third party service providers and centralized systems. As a result, like the music industry, revenue distribution has become incredibly complex and opaque, leading to a less efficient and transparent ecosystem for online content creators. In a recent report, The Next Web named three Blockchain startups Brave, Matchpool and WildSpark that are leading the Blockchain-based online publishing and advertising market. The three startups are targeting three different sectors within the online advertising market in order to create a more fair system for online content creators. Brave Brave is …

The Federal Bank of Atlanta and executive director of its Centre for Financial Innovation and Stability Larry Wall released a paper on smart contracts and their potential to change traditional legal proceedings. Wall writes: “In many circumstances, smart contracts may eventually be a more efficient way of contracting than traditional paper contracts.” Amid the birth of cryptocurrencies in 2009, a significant number of experts emphasized the important role smart contracts could play in establishing various sets of unalterable agreements on an irrefutable ledger. Some argued that the integration of data onto a secure Blockchain network would allow businesses, individuals and …

Windows 10 could be a threat to Bitcoin users’ privacy; Genesis Mining leaves New York over BitLicense; Envestnet acquires Yodlee for US$590 million and more top stories for August 13. Windows 10 could be a Serious Threat to Bitcoin Privacy The recently unveiled Windows 10 could turn out to be a serious threat to Bitcoin users’ privacy. Apparently, traffic analysis done on the operating system has revealed that it enables unauthorized and continuous transmission of data from personal computers to external servers. If this is the case, then using Bitcoin through your device could expose your transactions to external surveillance. …

Ethereum, the decentralized application and smart contracting platform prepares to shoot the starting gun, as their Frontier release reaches 99% 98% completion. Miners, who have been waiting a year since the crowdfund, have begun sharpening their GPU pick axes. [Update: Another bug seems to have been added over night, bringing it back to 98%] Imagine a day when you want to go meet some friends for a drink. You pull out your iPhone 13, open the decentralized uber app, and using your preferred cryptocurrency, you pay for a smart cab. The vehicle has no steering wheel. It does not need …