Day: September 24, 2018

IBM Awarded Patent for Autonomous Self-Servicing Devices Within Blockchain-Based IoT System

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IBM has won a patent for the autonomous self-servicing of networked devices that form part of its Autonomous Decentralized Peer-to-Peer Telemetry (ADEPT) environment. The patent, first filed in late June 2016, was awarded by the U.S. Patent and Trademark Office (USPTO) September 18. IBM first unveiled a proof-of-concept (PoC) for ADEPT in partnership with Samsung back in March 2016. The system uses a blockchain protocol as a basis for a distributed network of devices — what Samsung has called “a sort of decentralized Internet of Things (IoT).” As IBM explains…

US Tech Firm Eyes Blockchain Supply Chain Solution for Major Chinese Ports

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U.S.-based technology company Ideanomics has partnered with the Asia-Pacific Model Electronic Port Network (APMEN) Trade Tech Co. to streamline supply chains with blockchain tech, a press release reports Thursday, September 20. Together with APMEN Trade Tech Co., Ideanomics aims to leverage blockchain and what it calls “super artificial intelligence” to cut out “layers of middlemen” in port clearance and shipping handling for the Asia-Pacific Economic Cooperation’s (APEC) online port clearance system. The first instigation of the tools will take place in two major Chinese ports, Shanghai and Guangzhou, the former…

Thailand’s Kasikornbank to Pilot Visa’s Blockchain Cross-Border Payments Platform

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The biggest bank by market capitalization in Thailand, Kasikornbank, has become the first financial institution in the Southeast Asian country to get on board the Visa B2B Connect platform. Designed to enable fast and secure cross-border payments between businesses using blockchain technology, the platform relies on a permissioned private blockchain architecture which is operated by global financial services firm, Visa Inc. According to Visa Thailand’s country manager, Suripong Tantiyanon, the B2B Connect platform makes extensive use of the core capabilities of the global financial services company in governance, security and…

French MPs Propose Legal Framework for All ‘Digital Assets’ Providers, Sources Report

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The French government is reportedly planning to provide a legal framework for all “digital assets” providers, local news agency LesEcho.fr reported September 21.    Three members of President Emmanuel Macron’s party, La République En Marche (LREM), have proposed an amendment to French legislation for regulating all service providers in the crypto industry, sources told LesEcho.fr. The National Assembly is reportedly set to discuss the amendment by the end of September.   The amendment, tabled by LREM MPs Valeria Faure-Muntian, Christine Hennion, and Eric Bothorel, has the aim of widening the existing…

Making Bitcoin Transactions Untraceable with the Wasabi Wallet

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In the cryptocurrency ecosystem, a wallet is an essential component, as it is used to receive, send and store cryptocurrencies. It operates in the crypto verse just like the banks do in the traditional financial system. As the crypto sector is continuously growing with more and more participants enter the sector,  the demand for secure and anonymous wallets have risen. Even though many of the newly launched provide a lot of features, they still lack anonymity and complete privacy, which are considered a key pillar of the cryptocurrency and blockchain…

Opera Launches Special ‘Labs’ Version of Built-In Crypto Wallet for Desktop Browser

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Opera is launching today a “Labs” special edition of its desktop web browser with built-in crypto wallet functionality, according to an exclusive blog post shared with Cointelegraph Monday, September 24. Opera first announced it would be integrating a built-in crypto wallet for its desktop browser in early August, and “Labs” is today open for private beta testers of Opera for Android. According to the blog post, the new edition will enable users to authenticate Web 3.0 and decentralized application (DApp) transactions made on their computer using their Android phone. “Labs” is therefore…

Juventus Soccer Club Is Launching a Crypto Token to Give Fans a ‘Voice’

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One of the most popular soccer clubs in the world is launching a crypto token that it says will boost fan numbers by allowing them to “be heard.” For the effort, Italy’s Juventus Football Club, which boasts Cristiano Ronaldo as a current team member, is teaming up with Socios.com to launch the “Juventus Official Fan Token.” The token will be initially distributed via a “Fan Token Offering (FTO),” according to a press release Monday. With one of the largest global fan bases of any soccer club, and a huge social media presence, the team says…

Winklevoss’ Crypto Exchange Gemini Eyes Entrance Into UK Market, Sources Report

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Tyler and Cameron Winklevoss, creators of U.S.-based cryptocurrency trading platform Gemini, are looking to expand the platform to the U.K. market, sources told the Financial Times (FT) September 24. The Gemini Trust Company, founded in New York in 2014, is currently ranked the 58th largest crypto exchange globally by adjusted daily traded volume, according to CoinMarketCap. The FT cites two unnamed insider sources as reporting that Gemini has now hired advisors to oversee its potential expansion to the U.K. The firm itself is quoted on record by the FT as…

Winklevoss’ Crypto Exchange Gemini Eyes Entrance Into UK Market, Sources Report

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Tyler and Cameron Winklevoss, creators of U.S..-based cryptocurrency trading platform Gemini, are looking to expand the platform to the U.K. market, sources told the Financial Times (FT) September 24. The Gemini Trust Company, founded in New York in 2014, is currently ranked the 58th largest crypto exchange globally by adjusted daily traded volume, according to CoinMarketCap. The FT cites two unnamed insider sources as reporting that Gemini has now hired advisors to oversee its potential expansion to the U.K. The firm itself is quoted on record by the FT as…

ETH and XRP Both Hit by Losses as Crypto Markets See Widespread Red

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Monday, September 24: Both Ripple (XRP) and Ethereum (ETH) have taken hefty price hits today as the wider crypto markets see deep red, as data from Coin360 shows. Market visualization by Coin360 While Ethereum has now reclaimed its long-standing spot as second-largest coin by market cap on CoinMarketCap — which it briefly ceded to a skyrocketing Ripple on September 21 — Ethereum has today seen around a 5 percent loss on the day to trade at $234 to press time. Following its intraweek high of around $250 on September 22,…